ParkingGarage Door Opener(s), Front-Load Garage, Garage
Year Built2008
HeatingNatural Gas, Multi Unit(s)
CoolingOther, Multi Unit(s), Central Air
BasementYes
WaterfrontWaterfront
FireplaceMasonry, Vented Gas Fireplace, In Keeping/Hearth room, Gas Starter, Gas Logs
ViewWater
MLS #10181680
Lot Size0.12 Acres
StatusActive
About 551 Magnolia Mound Dr
Designed by Looney Ricks Kiss & built by Tom Archer of Archer Custom Builders, this stunning masterpiece boasts some of the finest quality construction & best river views we’ve seen — perfect for watching the Mighty Mississippi roll on by! Features include seismic protection technology, river views from all three floors, four en suite bedrooms, a luxurious chef’s kitchen with scullery, reclaimed wide plank floors, tall ceilings, two gorgeous wrap-around porches, three courtyards, an elevator, &
Flooring Type: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
Interior: Wet Bar, Walk-In Closet(s), Powder/Dressing Room, Security System, Smoke Detector(s), Elevator
Fireplace: Masonry, Vented Gas Fireplace, In Keeping/Hearth room, Gas Starter, Gas Logs
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 5
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Waterfront: Waterfront
View: Water
Exterior: Auto Lawn Sprinkler, Gas Grill, Porch, Patio, Covered Patio, Courtyard, Balcony
Parking Information:
Parking: Garage Door Opener(s), Front-Load Garage, Garage
Virtual/3D Tour
Virtual Tour: 551 Magnolia Mound Dr
Virtual Tour
Lot Features
Lot Information:
Lot: Views, Landscaped
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Natural Gas, Multi Unit(s)
Cooling: Other, Multi Unit(s), Central Air
Other
Directions Information:
Directions: Enter South Bluffs at the gates at Tennessee St & Calhoun. Go left at the roundabout on Monteigne, Right on Asphodel Dr, right on Monteigne to house on your immediate left.
Price Information
Listing Price Info
Price Summary:
List Price: $2,895,000
Tax Information:
Annual Amount: $26,667
Tax Year: 2021
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Downtown Elementary School
10 N 4th St
Distance between this listing and this school1.33 miles
Public Magnet Grades PK-5
3
/10
Memphis Scholars Florida-Kansas (ASD)
90 W Olive Ave
Distance between this listing and this school1.54 miles
Public Charter Grades PK-5
3
/10
A. B. Hill Elementary School
345 E Olive Ave
Distance between this listing and this school1.74 miles
Public District Grades PK-5
Nearby Schools
5
/10
Memphis Grizzlies Preparatory Charter School
168 Jefferson Ave
Distance between this listing and this school1.35 miles
Public Charter Grades 5-8
2
/10
Ida B. Wells Academy Elementary School/Middle School
995 S Lauderdale St
Distance between this listing and this school1.46 miles
Public District Grades KG-8
5
/10
City University School Girls Preparatory
665 Madison Ave
Distance between this listing and this school1.63 miles
Public Charter Grades 6-8
Nearby Schools
3
/10
Booker T. Washington High School
715 S Lauderdale St
Distance between this listing and this school1.19 miles
Public District Grades 6-12
1
/10
Carver College and Career Academy
1591 Pennsylvania St
Distance between this listing and this school1.92 miles
Public District Grades 3-12
5
/10
Hollis F. Price Middle College
807 Walker Ave
Distance between this listing and this school1.97 miles
The neighbors living near this home have an average income of $85,102. Residents of Memphis, TN typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 551 Magnolia Mound Dr
What is the listing price of this property?
The listing price of 551 Magnolia Mound Dr property is $2,895,000.
What type of property is this?
The property 551 Magnolia Mound Dr is a house located in Memphis, Tennessee, 38103.
Is this property for sale now?
Active Listing: 551 Magnolia Mound Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $26,667 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on October 6, 2006 for $795,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 551 Magnolia Mound Dr has 4 bedrooms and 5 full and 1 half bathrooms.
Which year was this property built?
The year of construction for 551 Magnolia Mound Dr is 2008.
Interested in 551 Magnolia Mound Dr? Let's connect.
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This home is located at 551 Magnolia Mound Dr in Memphis, TN and zip code 38103 in the Downtown neighborhood. This home, which was built in 2008, sits on a 0.12 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $2,895,000.
In October 2024 more than 53 listings in Memphis, TN were sold above the asking price. During the same period more than 103 listings were sold at asking price, while more than 252 were sold below. The number of homes for sale in Memphis, TN increased by 22.4% between September 2024 and October 2024.
From Rocket Homes Real Estate and based on county public records data.
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