555 Magnolia Mound Dr, Memphis, TN, 38103

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555 Magnolia Mound Dr, Memphis$1,749,000

Buyer Closing Credits

$10,000^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingDriveway/Pad, Storage Room(s), Garage Door Opener(s), Front-Load Garage, Gated Parking, Gate Clickers, Garage

Year Built2007

HeatingCentral, Multi Unit(s)

CoolingCentral Air, Ceiling Fan(s), Multi Unit(s)

BasementYes

WaterfrontWaterfront

FireplaceIn Living Room, Gas Starter, Gas Logs

ViewWater

MLS #10171455

Lot Size0.12 Acres

StatusActive

About 555 Magnolia Mound Dr

Architecturally stunning custom-built 2-story contemporary home in prime location atop the Bluff overlooking the Mississippi River. Breathtaking views from almost every room. Designed by LRK with a dramatic floor plan & attention to every detail. Superior Construction with Soundproof Glass. Wonderful balconies on each level. Elevator, solid walnut wet bar. Commercial bitumen, metal roof along with a Generator. 20 ft ceilings in the living room. Wonderful gated community.

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Property Details

Property Features

Property Information:

• Architectural Style: Contemporary
• Year Built: 2007
• Stories: 2

Listing Office:

• Office Name: Hobson, REALTORS

Interior Features

Interior Information:

• Appliances: Range, Oven, Self Cleaning Oven, Double Oven, Gas Range, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator
• Basement: Yes
• Flooring Type: Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
• Interior: All Window Treatments, Wet Bar, Central Vacuum, Mud Room, Security System, Monitored Alarm, Elevator, Vent Hood/Exhaust Fan
• Fireplace: In Living Room, Gas Starter, Gas Logs

Bedroom and Bathroom Information:

• Partial Bathrooms: 1
• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Waterfront: Waterfront
• View: Water
• Exterior: Auto Lawn Sprinkler, Gas Grill, Patio, Balcony, Well Landscaped Grounds

Parking Information:

• Parking: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Front-Load Garage, Gated Parking, Gate Clickers, Garage

Lot Features

Lot Information:

• Lot: Views, Landscaped
• Lot Size: 0.12 Acres

Utilities

Utilities Information:

• Heating: Central, Multi Unit(s)
• Cooling: Central Air, Ceiling Fan(s), Multi Unit(s)

Other

Directions Information:

• Directions: Enter Gated Neighborhood on GE Patterson.

Price Information

Listing Price Info

Price Summary:

• List Price: $1,749,000

Tax Information:

• Annual Amount: $24,909
• Tax Year: 2021

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Housing Market Comparison

See how this home compares to others in Memphis, TN.

Memphis, TN

City

Med. Sold Price

$190.4K

# of Sold Homes

409

555 Magnolia Mound Dr vs Memphis

196 DAYS ON ROCKET

$1,749,000

+$1.5M More

KEY TAKEAWAY

This property is $1.5M more than the Median Sold Price in Memphis, TN.

Based on homes sold in October 2024

MLS Details

MLS Information:

• MLS Number: #10171455

Listing Office:

• Office Name: Hobson, REALTORS

Copyright© 2024 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 8:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Oct 02, 2020	Oct 02, 2020Home Sold	$1,400,000
Jul 25, 2013	Jul 25, 2013Home Sold	$1,050,000
Feb 15, 2001	Feb 15, 2001Home Sold	$270,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2021	$24,909	$344,050
2020	$21,737	$300,000
2019	$24,188	$300,000
2018	$16,521	$333,825
2017	$11,471	$401,975

History based on county public records data.

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**Disclosures

Rocket Homes›Tennessee›Shelby County›Memphis›38103›555 Magnolia Mound Dr

This home is located at 555 Magnolia Mound Dr in Memphis, TN and zip code 38103 in the Downtown neighborhood. This home, which was built in 2007, sits on a 0.12 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $1,749,000.

Over 53 listings were sold over their listed price in October 2024 in Memphis, TN. In the same period over 252 listings were sold below the listed price and 103 listings were sold for the listed price. The inventory of homes for sale in Memphis, TN between September 2024 and October 2024 increased by 22.4%.

From Rocket Homes Real Estate and based on county public records data.