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5280 Blue Diamond Street

5280 Blue Diamond Street, Memphis, TN 38109
Sold Mar 01, 2021
$212,700
$208,846 by Guild Mortgage Co
Mortgage Due Mar 01, 2051
Sold Aug 14, 2020
$168,000
5280 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 2021 and is 3 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5280 Blue Diamond Street has 1,930 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 1,193 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 9,523 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 441 sqft. Residents will have the luxury of enjoying 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5280 Blue Diamond Street sold most recently in Feb 26, 2021 for a total of $212,700. If you work out the math, that's approximately a cost of $89.71 per sqft. Before that, the property was also sold for $168,000 in Aug 10, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,078 in taxes each year. 5280 Blue Diamond Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $50,525. If we break it down further, the land itself was valued at $6,300. Improvements to the property, however, were assessed at a total of $44,225. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,523
  • Lot Size Depth Feet: 1,193
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,371
  • Gross Building Area: 2,371
  • Building Area: 1,930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,930
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GEMSTONE PD PHASE 5
  • Land Acres: 0.219
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: ES BLUE DIAMOND STREET SEE MAP GRID# 214 N

Ownership

  • Current Owner : WRIGHT CIERRA L
  • Previous Owner : D R HORTON INC
  • 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-U0-0016
  • Lot: 83
  • Municipality: MEMPHIS
  • Latitude: 35.0042
  • Longitude: -90.0907

    Address

  • Full Address: 5280 Blue Diamond St
  • Address - House Number: 5280
  • 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: $3,078

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 281,125
  • High Value: 351,050
  • Low Value: 211,200

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $222,019
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Mar 01, 2021
  • First Open Lien Mortgage Loan Amount: $208,846
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Nov 09, 2023
  • Second Open Lien Mortgage Loan Amount: $13,173
  • Second Open Lien Mortgage Term: 327
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $202,100
  • Market Land Value: $25,200
  • Market Improvement Value: $176,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,525
  • Assessed Land Value: $6,300
  • Assessed Improvements Value: $44,225

    Sales

  • Current Sale Contract Date: Feb 26, 2021
  • Current Sale Recording Date: Mar 01, 2021
  • Current Sale Transaction ID: 11821779749
  • Current Sale Price: $212,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21023750
  • Previous Sale Recording Date: Aug 14, 2020
  • Previous Sale Contract Date: Aug 10, 2020
  • Previous Sale Amount: $168,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Mar 01, 2021
  • First Mortgage Loan Amount: $208,846
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

About Mc Kellar - Whitehaven-Levi PD



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Frequently Asked Questions

What neighborhood is 5280 Blue Diamond Street located in?
The 5280 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 5280 Blue Diamond Street?
The average sales price for units in 5280 Blue Diamond Street is $0 currently.

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