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6050 Blakely Road

6050 Blakely Road, Memphis, TN 38120
House in Shelby
Sold Mar 21, 2019
$1,180,000
$479,000 by Financial Federal Bank
Mortgage Due Sep 01, 2050
6050 Blakely Road in Memphis, TN was first built in 1969 and is 55 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 5 full bathrooms. There are 6 partial bathrooms. 6050 Blakely Road has 7,384 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,310 ft and the linear feet between the front and back of the lot is 1,750. In total, the area measurement of the land is 57,463 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 736 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 6050 Blakely Road was last sold in Mar 18, 2019 for $1,180,000. According to our calculations, that's $159.80 per sqft. Current property owners are expected to pay $18,857 in taxes per year. The property on 6050 Blakely Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $309,550. To break that down further, the land itself was valued at $140,725. While improvements to the property were assessed at a total of $168,825. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 20
  • Building Condition: Good
  • Building Quality: B
  • Building Style: Contemporary
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 736
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 57,463
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 7,384
  • Gross Building Area: 7,384
  • Building Area: 7,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,384
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLAKELY P D
  • Land Acres: 1.319
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: W END BLAKELY DR P D SEE MAP GRID 153 F

Ownership

  • Current Owner : ATKINSON OSCAR P
  • Current Owner 2: ATKINSON JOCELYN P
  • Previous Owner : BABER RODNEY D
  • Previous Owner 2: BABER JUNE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 021311

Zoning

  • Zoning: R-15

Geography

  • Assessors Map Reference: MB 267-003
  • District: O
  • Parcel: 08-0021-0-0075
  • Lot: 4
  • Municipality: MEMPHIS
  • Latitude: 35.1137
  • Longitude: -89.8599

    Address

  • Full Address: 6050 Blakely Dr
  • Address - House Number: 6050
  • Address - Street Name: Blakely
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Memphis
  • Carrier Code: C087
  • 4-Digit Zip Code: 3100
  • Zip Code: 38120

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,857

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 1,292,894
  • High Value: 1,548,380
  • Low Value: 1,037,408

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $479,000
  • First Open Lien Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Loan Amount: $479,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $1,238,200
  • Market Land Value: $562,900
  • Market Improvement Value: $675,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $309,550
  • Assessed Land Value: $140,725
  • Assessed Improvements Value: $168,825

    Sales

  • Current Sale Contract Date: Mar 18, 2019
  • Current Sale Recording Date: Mar 21, 2019
  • Current Sale Transaction ID: 11590789186
  • Current Sale Price: $1,180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19026541

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL FEDERAL BANK
  • First Mortgage Transaction Date: Mar 21, 2019
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Mar 18, 2024

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 6050 Blakely Road located in?
The 6050 Blakely Road is a house located in the neighborhood of Shelby in Memphis, Memphis.
What is the average sales price for listings in 6050 Blakely Road?
The average sales price for units in 6050 Blakely Road is $0 currently.

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