1041 Palermo Ave, Memphis, TN 38106 Property Records

Shelby County property record for 1041 Palermo Ave, Memphis, TN 38106

Property Summary

Property TypeSingle Family Home
Details4 bd · 2 ba · 1,452 sqft · built 1948
Lot Size0.161 acres (7,000 sqft)
Owner2 Individual Names on Record
Last Sale$47,000 (Jun 2020)
Tax Bill$589 (2025)
Deeds & MortgagesJun 2020 Sale & Mortgage
Mar 2018 Transfer
+ 1 more
Flood ZoneZone X (minimal risk)
APN03-4068-0-0012

Property Details

APN / Parcel Number

Primary APN03-4068-0-0012

Interior

Bedrooms4 Beds
Full Baths2 Baths
Plumbing Fixtures6 Plumbing Fixtures
Total Rooms8 Rooms
Stories1 Story
Building Area1,452 sqft Living Area
1st Floor Area1,452 sqft

Exterior

Year BuiltBuilt 1948
Effective Year BuiltEffective 1985
Architectural StyleCottage
Exterior MaterialAluminum/Vinyl
Foundation TypeNo Foundation
Roof TypeGable
Roof MaterialComposition Shingle
Lot Area7,000 sqft (0.161 acres)
Lot Dimensions140 ft deep x 50 ft wide
Garage TypeDetached
Garage Area240 sqft
PorchOpen Porch
Porch Area12 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemCentral
Heating FuelGas

Location & Zoning

Street Address1041 PALERMO AVE
CityMEMPHIS
StateTN
Zip38106-6517
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR-6
Legal DescriptionSS PALERMO
Legal SubdivisionHERNANDO TERRACE
Legal BlockB
Legal Lot Number34
JurisdictionSHELBY TN
Township / Civil Division10
Census Block Group1
Census Block1008
Census Tract7500

Owner

Source: Shelby County records, as of June 2, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on Record
Mailing Address5675 LONE PINE PL, PASO ROBLES, CA 93446-7387
Owner TypeIndividual

Deeds, Mortgages & Sale History

DateDocument
Jun 15, 2020Warranty Deed, Transfer · Conventional Mortgage
BANCORPSOUTH
Mar 6, 2018Quit Claim Deed, Transfer
Quitclaim
Apr 25, 2017Quit Claim Deed, Transfer
Quitclaim

Assessor's Deed Record

Deed Names2 Names on Deed
Last SaleJun 15, 2020 · Amount on Record
Deed SaleJun 15, 2020 · Amount on Record
Deed Document Number202060464
Prior Transfer DateMar 1, 2018
Prior Transfer Doc0000021593
Record UpdatedSep 20, 2026

June 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionSHELBY TN
Recording DateJun 15, 2020
Property Address1041 PALERMO AVE, MEMPHIS, TN 38106-6517
Document Number0000060464
Instrument DateJun 9, 2020
Instrument60464
Transaction TypeTransfer
Record UpdatedJun 23, 2020
Title CompanyBAYMARK TITLE AND ESCROW SERVICES, BAYMARK TITLE & ESCROW SVC LLC

Transaction

AmountAmount Recorded
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$174.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address5675 LONE PINE PL PASO ROBLES CA 934467387, PASO ROBLES, CA 93446-7387

Mortgage

Document Number60465
DateJun 15, 2020
Instrument60465
Lender
NameBANCORPSOUTH
TypeBank
AddressMEMPHIS, TN 38119
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term240 Months
DueJun 14, 2040

March 2018: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionSHELBY TN
Recording DateMar 6, 2018
Property Address1041 PALERMO AVE, MEMPHIS, TN 38106-6517
Document Number0000021593
Instrument DateMar 1, 2018
Instrument21593
Transaction TypeTransfer
Record UpdatedMar 13, 2018

Transaction

Tax$0.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1041 PALERMO AVE MEMPHIS TN 381066517, MEMPHIS, TN 38106-6517

April 2017: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionSHELBY TN
Recording DateApr 25, 2017
Property Address1041 PALERMO AVE, MEMPHIS, TN 38106-6517
Document Number0000040708
Instrument DateApr 24, 2017
Instrument40708
Transaction TypeTransfer
Record UpdatedMay 1, 2017

Transaction

Tax$0.00
Additional
  • Quitclaim

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1041 PALERMO AVE MEMPHIS TN 381066517, MEMPHIS, TN 38106-6517

Tax Assessment & Valuation

Source: Shelby County assessment roll, as of June 2, 2026

Property Jurisdictions

TypeName
StateTennessee
CountyShelby County
MunicipalityMemphis City
Unified School DistrictShelby County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$589.00 (-17.28%)$21,900 (+87.18%) Land $2,000 Building $19,900$87,600 (+87.18%) Land $8,000 Building $79,600
2023$11,700 Land $1,000 Building $10,700
2022$712.00
2021$46,800 Land $4,000 Building $42,800

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective June 4, 2026

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 99.8% of the US · lower than 99.8% of Tennessee
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemMEMPHIS LIGHT, GAS, & WATER
serves 659,500 people · EPA ID TN0000450
Water SourceGroundwater
Last State InspectionApr 2024
Lead5 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 285 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
AT&T
Fiber · Fixed Wireless in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20

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