NOT LISTED FOR SALE

525 Magnolia Mound Dr Memphis, TN 38103

South Main Neighborhood

Estimated Value: $1,091,000 - $1,425,000

4 Beds
3.5 Baths
4,500-4,999 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 08, 2020

Last sale price $1,150,000 $230 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,574/month

Highlights

  • Water Views
  • Sauna
  • Sitting Area In Primary Bedroom
  • In Ground Pool
  • Gated Parking
  • 3-minute walk to Butler Park

About This Home

As of October 2020

Home built by famed Memphis Architect Francis Mah for actress Cybill Shepherd. This modern minimalist home features breathtaking views of the Mississippi, the Harahan & Hernando de Soto Bridges, and the downtown cityscape. Designed for entertaining, this home offers stunning views no matter what room you're in! Home features lap pool overlooking the river, a sauna, and a hot yoga studio on the rooftop deck. Enjoy life on this double lot w/ the best views in Memphis! Call agents for more details!

Last Agent to Sell the Property

Meleah Thurmond-Edwards

KAIZEN Realty, LLC License #348284 Listed on: 08/30/2019

KAIZEN Realty, LLC

Last Buyer's Agent

NON-MLS NON-BOARD AGENT

NON-MLS OR NON-BOARD OFFICE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 119.41 x 105.3
  • Wrought Iron Fence
  • Brick Fence
  • Landscaped Professionally
  • Sprinklers on Timer

HOA Fees

  • $140 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stucco Exterior

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,531 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Gas Fireplace
  • Mud Room
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Sauna
  • Water Views
  • Security Gate
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall
  • Window or Skylight in Bathroom

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking

Outdoor Features

  • In Ground Pool
  • Cove
  • Deck

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 002083 A00003C

Community Details

Overview

  • South Bluffs Pud Phase 1 Subdivision
  • Mandatory home owners association
  • Planned Unit Development

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Contemporary
  • Detached Unit Type: General Residential
  • MLS Map #: 745A
  • MAAR Subdivision Name: SOUTH BLUFFS PH1
  • List Price Per Sq Ft: 309
  • Number Of Stories: 3
  • Price Per Sq Ft: 253.81
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 4531
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • First Story Floor Plan: Living Room, Kitchen, 2nd Bedroom, 1 1/2 Bath, Laundry Room, Office
  • Second Story Floor Plan: Primary Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths
  • Additional Bedroom Bathroom Info: Primary Up, Vaulted/Coffered Primary, Split Bedroom Plan, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Sky Light(s) in Bath, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedroom 2 Description: Level 1, Walk-In Closet, Built-In Cabinets/Bkcases
  • Bedroom 3 Description: Level 2, Walk-In Closet, Built-In Cabinets/Bkcases
  • Bedroom 4 Description: Level 2, Walk-In Closet, Built-In Cabinets/Bkcases
  • Bedrooms: 4
  • Bedrooms Down: 2
  • Fireplace: Vented Gas Fireplace, In Living Room, In Primary Bedroom
  • Floors/Ceilings: Part Carpet, Tile, 9 or more Ft. Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Refrigerator
  • Living Dining Kitchen: Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
  • Misc Interior: Walk-In Closet(s), Sky Light(s), Mud Room, Cat/Dog Free House, Elevator
  • Number Of Fireplaces: 2
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Vaulted/Coffered Ceiling
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Fireplace, Sitting Area, Built-In Cabinets/Bkcases, Vaulted/Coffered Ceiling

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Deck, Sauna, Well Landscaped Grounds, Brick or Stone Fence, Iron Fence
  • Exterior Windows: Stucco
  • Foundation: Slab
  • Pool Description: In Ground

Garage/Parking

  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2
  • Parking Storage: Driveway/Pad, Garage Door Opener(s), Front-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, 220 Wiring
  • Heating: Central
  • Security: Security Gate, Limited Access
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 1677
  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Water View, Cove, Landscaped, Professionally Landscaped, Iron Fenced
  • Lot Number: 3and4
  • Acreage: 0.24
  • Lot Size: 119.41 X 105.3
  • Price Per Acre: 5833333

Multi Family

  • Number Of Rooms: 8

Tax Info

  • Assessor Parcel Number: 002083 A00003C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2019
Closed on
Oct 8, 2020
Sold by
Valentine Donald and Valentine Bonnie
Bought by
Harvey Marjorie and The Marjorie Harvey Revocable
Seller's Agent
Meleah Thurmond-Edwards
KAIZEN Realty, LLC
Buyer's Agent
NON-MLS NON-BOARD AGENT
NON-MLS OR NON-BOARD OFFICE
List Price
$1,400,000
Sold Price
$1,150,000
Premium/Discount to List
-$250,000
-17.86%
Current Estimated Value
$1,244,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,096
Avg. Annual Appreciation
1.59%

Purchase Details

Closed on
Oct 12, 2006
Sold by
Shepherd Cybill
Bought by
Tessler Craig and The June Clavier Trust
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harvey Marjorie $115,000 Sure Title Company Llc
Tessler Craig -- None Available
Valentine Donald $1,500,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2020 10/08/20 Sold $1,150,000 -17.9% $256 / Sq Ft
08/26/2020 08/26/20 For Sale $1,400,000 0.0% $311 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/30/2019 08/30/19 For Sale $1,400,000 -- $311 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $379,575 $165,325 $214,250
2024 $9,756 $287,800 $147,275 $140,525
2023 $17,532 $287,800 $147,275 $140,525
2022 $17,532 $287,800 $147,275 $140,525
2021 $17,737 $287,800 $147,275 $140,525
2020 $22,191 $306,250 $184,100 $122,150
2019 $9,788 $306,250 $184,100 $122,150
2018 $11,883 $371,800 $184,100 $187,700
2017 $12,163 $371,800 $184,100 $187,700
2016 $9,472 $216,750 $0 $0
2014 $10,881 $262,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meleah Thurmond-Edwards

    Seller's Agent in 2020

    Meleah Thurmond-Edwards

    KAIZEN Realty, LLC

    (901) 246-9755

    3 in this area

    85 Total Sales

    Meleah Thurmond-Edwards
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS NON-BOARD AGENT

    NON-MLS OR NON-BOARD OFFICE

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10060915

Memphis Area Association of REALTORS®

APN: 00-2083-A0-0003C

Tennessee Shelby County Memphis 38103 South Main

525 Magnolia Mound Dr, Memphis, TN

This home is located at 525 Magnolia Mound Dr, Memphis, TN 38103 since 30 August 2019 and is currently estimated at $1,244,096, approximately $248 per square foot. This property was built in 1992. 525 Magnolia Mound Dr is a home located in Shelby County with nearby schools including Downtown Elementary School, Booker T. Washington Middle & High School, and Memphis Grizzlies Preparatory Charter School.

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