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1325 Palestine Ave

Obion, TN 38240

3 bd 2 ba 2,654 sqft Built 1959 Lot 150,718 sqft single_family
Most recent sale
$256,000
Jan 17, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 18, 2023 Listing removed Reelfoot
Jan 17, 2023 Sold $256,000 TennesseeValley
Jan 17, 2023 Listing removed $256,000 CentralWestTN
Oct 8, 2022 Listed $256,000 Reelfoot

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $36,375 $691
2021 $36,375 $1,324
2020 $36,375 $1,324
2019 $36,375 $1,324
2018 $36,375 $1,326
2017 $36,800 $1,386
2016 $36,800 $1,386
2015 $36,800 $1,386
2014 $36,800 $1,386
2013 $36,800 $1,386
2012 $37,350 $1,389
2011 $37,350 $1,352
2010 $37,350 $1,307
2009 $37,350 $1,307
2008 $37,350 $1,307
2007 $32,900 $1,234

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
2,654 sqft
Lot size
150,718 sqft
ZIP code
38240
City
Obion
Street
Palestine Ave
Coordinates
36.26194, -89.20392

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,536
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1325 Palestine Ave last sell?
1325 Palestine Ave most recently sold on Jan 17, 2023 for $256,000.
What is the current tax assessment for 1325 Palestine Ave?
The most recent total assessment for 1325 Palestine Ave (year 2022) is $36,375 with $691 in property tax.
How does 1325 Palestine Ave's assessment compare to its last sale price?
The current assessment is 85.8% below the last sale price of $256,000.
When was 1325 Palestine Ave built?
1325 Palestine Ave was built in 1959.
How does 1325 Palestine Ave compare to others on Palestine Ave?
We track 8 other properties on Palestine Ave. Browse the list under "Other properties on Palestine Ave" to compare beds, baths, and sale history.
What are the property facts for 1325 Palestine Ave?
1325 Palestine Ave is a 3 bed, 2 bath, 2,654 sqft, 150,718 sqft lot single_family.
Is 1325 Palestine Ave a flip candidate?
No — 1325 Palestine Ave does not appear in our flips dataset.
Is 1325 Palestine Ave a tax-appeal candidate?
No — 1325 Palestine Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.7%
Implied 1-yr
+19.0%
2025 Q2
$188.8K
2025 Q3
$195.7K
ZIP 38240 — Median Price History + Forecast

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