5 months on rocket

1036 Palermo St, Memphis, TN, 38106

$60,500

Home List Price

$718*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1036 Palermo St, Memphis$60,500

Buyer Closing Credits

$718*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad
Year Built1924
HeatingOther
CoolingOther
MLS #10176914
Lot Size0.16 Acres
StatusActive

About 1036 Palermo St

Price Reduced: ..Property SOLD AS IS, WHERE IS. Seller wants quick sale. Hardwood floors, All brick and vinyl siding. Maintenance free

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1924
  • Stories: 1

Listing Office:

  • Office Name: REMAX Experts

Interior Features

Interior Information:

  • Flooring Type: Hardwood Throughout

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Sidewalks

Parking Information:

  • Parking: Driveway/Pad

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

Other

Directions Information:

  • Directions: North on Elvis Presley from S Parkway E to Right on Person to left on Mississippi to right on Palermo, the home is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $60,500
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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Med. Sold Price

$183K

# of Sold Homes

362

1036 Palermo St vs Memphis

157 DAYS ON ROCKET

$60,500

-$122.5K Less

KEY TAKEAWAY

This property is $122.5K less than the Median Sold Price in Memphis, TN.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #10176914

Listing Office:

  • Office Name: REMAX Experts

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$369

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$248

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4469976
5
/10
  • Circles of Success Learning Academy

  • 867 S Parkway E

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-4469977
3
/10
  • Alton Elementary School

  • 2020 Alton Ave

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-4469978
3
/10
  • Memphis College Preparatory

  • 1500 Dunn Ave

  • 0.90 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,714. The majority of Memphis, TN residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1036 Palermo St

What is the listing price of this property?

The listing price of 1036 Palermo St property is $60,500.

What type of property is this?

The property 1036 Palermo St is a house located in Memphis, Tennessee, 38106.

Is this property for sale now?

Active Listing: 1036 Palermo St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1036 Palermo St has 3 bedrooms and 1 bathroom.

Which year was this property built?

The year of construction for 1036 Palermo St is 1924.

Rocket Homes›Tennessee›Shelby County›Memphis›38106›1036 Palermo St

This home is located at 1036 Palermo St in Memphis, TN and zip code 38106 in the Sixty Point Ward neighborhood. This home, which was built in 1924, sits on a 0.16 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 13, 2024 and is currently priced at $60,500.

In November 2024, from all listings sold in Memphis, TN there were more than 45 sold above asking price, over 218 sold below and more than 98 were sold right at the asked price. Between October 2024 and November 2024, Memphis, TN real estate market has seen increase in the number of listings by 6.8%.

From Rocket Homes Real Estate and based on county public records data.

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