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5250 Blue Diamond Street

5250 Blue Diamond Street, Memphis, TN 38109
Sold Jul 17, 2019
$219,000
$212,219 by Freedom Mortgage Corp
Mortgage Due Jun 01, 2049
Sold Aug 25, 2017
$25,000
$164,000 by Bancorpsouth Bank
Mortgage Due Aug 19, 2018
5250 Blue Diamond Street has been categorized by the local assessors in Memphis, TN as a residential type of property. The building on the property was first built in 2019 and is 5 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5250 Blue Diamond Street has 2,332 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,199 ft and across the front of the lot is 754 ft. The area measurement of the land has been determined as 9,033 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 420 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5250 Blue Diamond Street was last sold in Jul 12, 2019 for $219,000. According to our calculations, that's $79.58 per sqft. Prior to that sales transaction, the property was sold for $25,000 in Aug 23, 2017. Current property owners are expected to pay $3,440 in taxes per year. The property on 5250 Blue Diamond Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $56,475. To break that down further, the land itself was valued at $6,300. While improvements to the property were assessed at a total of $50,175. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,033
  • Lot Size Depth Feet: 1,199
  • Lot Size Frontage Feet: 754
  • Total Building Area: 2,752
  • Gross Building Area: 2,752
  • Building Area: 2,332
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,332
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEMSTONE PD PHASE 5
  • Land Acres: 0.207
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: ES BLUE DIAMOND STREET SEE MAP GRID# 214 N

Ownership

  • Current Owner : LOYD ANTHONY
  • Current Owner 2: LOYD ROSE MARIE
  • Previous Owner : CHERRY HOMES LLC
  • Owner Before Previous Owner: SOUTHLAND DEVELOPMENT PARTNERS GP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 022410

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: MB 230-060
  • District: O
  • Parcel: 07-5259-U0-0020
  • Lot: 87
  • Municipality: MEMPHIS
  • Latitude: 35.0051
  • Longitude: -90.0906

    Address

  • Full Address: 5250 Blue Diamond St
  • Address - House Number: 5250
  • Address - Street Name: Blue Diamond
  • Address - Suffix Type: St
  • State: TN
  • City Name: Memphis
  • Carrier Code: R012
  • 4-Digit Zip Code: 6540
  • Zip Code: 38109

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,440

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 315,056
  • High Value: 393,421
  • Low Value: 236,691

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $212,219
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Nov 18, 2021
  • First Open Lien Mortgage Loan Amount: $212,219
  • First Open Lien Mortgage Term: 330
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $225,900
  • Market Land Value: $25,200
  • Market Improvement Value: $200,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $56,475
  • Assessed Land Value: $6,300
  • Assessed Improvements Value: $50,175

    Sales

  • Current Sale Contract Date: Jul 12, 2019
  • Current Sale Recording Date: Jul 17, 2019
  • Current Sale Transaction ID: 11628218318
  • Current Sale Price: $219,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19071522
  • Previous Sale Recording Date: Aug 25, 2017
  • Previous Sale Contract Date: Aug 23, 2017
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Jul 17, 2019
  • First Mortgage Loan Amount: $215,033
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANCORPSOUTH BANK
  • Previous Mortgage Transaction Date: Aug 25, 2017
  • Previous Mortgage Loan Amount: $164,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 19, 2018

About Mc Kellar - Whitehaven-Levi PD



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Frequently Asked Questions

What neighborhood is 5250 Blue Diamond Street located in?
The 5250 Blue Diamond Street is a house located in the neighborhood of Mc Kellar - Whitehaven-Levi PD in Mc Kellar - Whitehaven-Levi PD, Memphis.
What is the average sales price for listings in 5250 Blue Diamond Street?
The average sales price for units in 5250 Blue Diamond Street is $0 currently.

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