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995 Palermo Ave; Memphis, TN Property Details

995 Palermo Ave, Memphis, TN is a Single Family that was built in 1940. This property is not for sale. Our records show that 995 Palermo Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,216 square feet. The lot size of 995 Palermo Ave is 21,050 square feet.

Off market
995 Palermo Ave Memphis, TN 38106
$20,700 Estimated Value
2 Beds
2 Baths
1,216 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1940
  • Est. Equity / %: $127,000 / 100%
  • Gross Yield: 6.293%
  • APN: 03-4068-0-0001C
  • Situs County: Shelby

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 1,216/SqFt
  • Lot: 21,050/SqFt
  • Gross: 1,216/SqFt
  • Garage: 360/SqFt
  • Living: 1,216/SqFt
  • Building: 1,216/SqFt
  • Ground: 1,216/SqFt

Legal Description

  • Description: SEE MAP GRID 157 M SS PALERMO AVE COR MARJORIE ST (SE)
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.095673 / -90.02968
  • Subdivision: Hernando Terrace
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6517
  • Bathroom Fixtures: 6
  • Cooling: Other
  • Garage: Carport
  • Heating: Yes

Ownership Info

995 Palermo Ave has no associated ownership info
995 Palermo Ave has no associated ownership info.

Taxes

995 Palermo Ave has 10 associated Taxes items

995 Palermo Ave, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $20,700. The APN we've located for 995 Palermo Ave is 03-4068-0-0001C.

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Taxes
  • Assessed Value:  $20,700
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-4068-0-0001C
  • Assessed Land Value:  2000
  • Market Land Value:  8000
  • Tax Amount:  556.83
  • Tax Year:  2025
  • Market Value:  82800
  • Market Year:  2025

Tax History

995 Palermo Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $20,700 Land Value $2,000 Improvement Value $18,700 Tax Amount $556.83 Change Rate +0.144634% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $14,350 Land Value $1,000 Improvement Value $13,350 Tax Amount $486.47 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $14,350 Land Value $1,000 Improvement Value $13,350 Tax Amount $486.47 Change Rate -0.443494% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $14,350 Land Value $1,000 Improvement Value $13,350 Tax Amount $874.15 Change Rate -0.01159% Assessed CR Tax Rate +0.060916%
Year 2021 Assessed Value $14,350 Land Value $1,000 Improvement Value $13,350 Tax Amount $884.4 Change Rate +0.073001% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $11,375 Land Value $1,000 Improvement Value $10,375 Tax Amount $824.23 Change Rate +1.267233% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $11,375 Land Value $1,000 Improvement Value $10,375 Tax Amount $363.54 Change Rate Assessed CR Tax Rate +0.03196%
Year 2018 Assessed Value $11,375 Land Value $1,000 Improvement Value $10,375 Tax Amount $363.54 Change Rate -0.023083% Assessed CR Tax Rate +0.03196%
Year 2017 Assessed Value $11,375 Land Value $1,000 Improvement Value $10,375 Tax Amount $372.13 Change Rate -0.00723% Assessed CR Tax Rate +0.032715%
Year 2016 Assessed Value $11,025 Land Value Improvement Value Tax Amount $374.84 Change Rate -0.221985% Assessed CR Tax Rate +0.033999%
Year 2014 Assessed Value $11,025 Land Value Improvement Value Tax Amount $481.79 Change Rate +0.075328% Assessed CR Tax Rate +0.0437%
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $448.04 Change Rate Assessed CR Tax Rate