1159 Cannon St Memphis, TN 38106
Southeast Memphis NeighborhoodEstimated Value: $48,000 - $105,000
3
Beds
1
Bath
1,200-1,399
Sq Ft
$48/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Separate Formal Living Room
- Some Wood Windows
- Wood Flooring
- Den
- Porch
About This Home
As of May 2020REDUCED PRICE!!! REPAIRS ARE NEEDED BUT HOUSE IS LOADED WITH TONS OF INVESTMENT POTENTIAL. SOLD AS IS. ALL OFFERS WILL BE CONSIDERED.
Last Agent to Sell the Property
Coldwell Banker Collins-Maury License #352376 Listed on: 01/23/2020
Last Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $264
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Few Trees
Parking
- Driveway
Home Design
- Traditional Architecture
- Composition Shingle Roof
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,387 Sq Ft Home
- 1-Story Property
- Some Wood Windows
- Separate Formal Living Room
- Den
- Wood Flooring
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 1 Full Bathroom
Outdoor Features
- Porch
Community Details
- Wilson Subdivision
Listing and Financial Details
- Assessor Parcel Number 026068 00006
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 23, 2020
Closed on
May 29, 2020
Sold by
Lott John B
Bought by
Terry Kandass
Seller's Agent
Kim Golden
Coldwell Banker Collins-Maury
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$13,000
Sold Price
$8,000
Premium/Discount to List
-$5,000
-38.46%
Total Days on Market
112
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,466
Avg. Annual Appreciation
53.05%
Purchase Details
Closed on
May 13, 2009
Sold by
First Step Invest First Llc
Bought by
Lott Dr John B
Purchase Details
Closed on
Jun 2, 2008
Sold by
Us Bank Na
Bought by
First Step Invest First Llc
Purchase Details
Closed on
Apr 8, 2008
Sold by
Harley Keisha
Bought by
Us Bank Na
Purchase Details
Closed on
Apr 3, 2007
Sold by
Harley Keisha
Bought by
Crawford Patricia A
Purchase Details
Closed on
Jul 18, 2005
Sold by
Wells Robert H
Bought by
Harley Keisha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.27%
Mortgage Type
Balloon
Purchase Details
Closed on
May 19, 2005
Sold by
Wells Robert H and Bland Rickey
Bought by
Wells Ii Robert H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,000
Interest Rate
7.27%
Mortgage Type
Balloon
Purchase Details
Closed on
Jan 21, 2005
Sold by
Wells Robert H
Bought by
Bland Rickey and Wells Ii Robert H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,400
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 13, 2004
Sold by
Union Planters Bank Na
Bought by
Wells Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,400
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 13, 2002
Sold by
Bumford Benjamin and Bumford Linda
Bought by
Union Planters Bank Na
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,350
Interest Rate
6.01%
Mortgage Type
Unknown
Purchase Details
Closed on
May 2, 2000
Sold by
G & M Investments
Bought by
Bumford Benjamin and Bumford Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,350
Interest Rate
8.23%
Purchase Details
Closed on
Feb 25, 1999
Sold by
First Bank National Assn
Bought by
G & M Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
1%
Purchase Details
Closed on
Jul 13, 1998
Sold by
Atkins Ann H
Bought by
First Bank National Assn and Home Equity Loan Trust 1996-4
Similar Homes in Memphis, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Terry Kandass | $8,000 | None Available | |
| Lott Dr John B | $10,000 | Signature Title & Escrow Llc | |
| First Step Invest First Llc | $8,000 | Us Land Title Llc | |
| Us Bank Na | $46,500 | None Available | |
| Crawford Patricia A | -- | None Available | |
| Harley Keisha | $67,000 | -- | |
| Wells Ii Robert H | -- | -- | |
| Bland Rickey | -- | -- | |
| Wells Robert | $48,400 | -- | |
| Union Planters Bank Na | $40,125 | -- | |
| Bumford Benjamin | $56,000 | -- | |
| G & M Investments Llc | $21,950 | -- | |
| First Bank National Assn | $37,805 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Harley Keisha | $47,000 | |
| Previous Owner | Wells Robert | $43,400 | |
| Previous Owner | Bumford Benjamin | $53,350 | |
| Previous Owner | Bumford Benjamin | $53,350 | |
| Previous Owner | G & M Investments Llc | $37,800 | |
| Previous Owner | Atkins Ann Hines | $36,000 | |
| Closed | Bumford Benjamin | $3,500 | |
| Closed | Harley Keisha | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2020 05/29/20 | Sold | $8,000 | -15.8% | $7 / Sq Ft |
| 05/14/2020 05/14/20 | Pending | -- | -- | -- |
| 04/16/2020 04/16/20 | Price Changed | $9,500 | -26.9% | $8 / Sq Ft |
| 01/23/2020 01/23/20 | For Sale | $13,000 | -- | $11 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $264 | $12,550 | $1,650 | $10,900 |
| 2024 | $264 | $7,800 | $1,000 | $6,800 |
| 2023 | $475 | $7,800 | $1,000 | $6,800 |
| 2022 | $475 | $7,800 | $1,000 | $6,800 |
| 2021 | $565 | $7,800 | $1,000 | $6,800 |
| 2020 | $578 | $7,975 | $1,000 | $6,975 |
| 2019 | $255 | $7,975 | $1,000 | $6,975 |
| 2018 | $255 | $7,975 | $1,000 | $6,975 |
| 2017 | $261 | $7,975 | $1,000 | $6,975 |
| 2016 | $480 | $10,975 | $0 | $0 |
| 2014 | $480 | $10,975 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kim Golden
Seller's Agent in 2020
Kim Golden
Coldwell Banker Collins-Maury
(901) 574-9408
2 in this area
79 Total Sales
-
N
Buyer's Agent in 2020
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
Map
Source: Memphis Area Association of REALTORS®
MLS Number: 10069548
APN: 02-6068-0-0006
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