NOT LISTED FOR SALE

563 Magnolia Mound Dr Memphis, TN 38103

South Main Neighborhood

Estimated Value: $1,310,510 - $1,794,000

3 Beds
4.5 Baths
4,500-4,999 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $1,310,000 $262 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $8,795/month

56 Days on Market

Highlights

  • Water Views
  • 0.13 Acre Lot
  • Fireplace in Primary Bedroom
  • Gated Community
  • Landscaped Professionally
  • Vaulted Ceiling

About This Home

As of April 2017

River views beckon the soul & allow the stress of the day to float away with the river. “Drink-in” sunsets like never before, relax to barges floating gracefully by, walk/trolley to dining, sports, entertainment & more. 11', 14' & 15' ceil dn & 10'+ ceil up, spectacular library w/14' ceil, spacious MBR w/"killer" closet & totally updated bath, 3rd flr suite w/dual rooftop patios - all w/panoramic river views. Tour this freshly painted, recently updated 3BR 4.5BA knockout & give us “your view”.

Last Agent to Sell the Property

Judy McLellan

Crye-Leike, Inc., REALTORS License #16362 Listed on: 02/03/2017

Crye-Leike, Inc., REALTORS

Co-Listed By

Mickey McLellan

Crye-Leike, Inc., REALTORS License #202427

Last Buyer's Agent

Joshua Spotts

eXp Realty, LLC License #327645

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,961

Year Built

  • Built in 1994

Lot Details

  • 5,663 Sq Ft Lot
  • Landscaped Professionally
  • Sprinklers on Timer
  • Few Trees

Home Design

  • French Architecture
  • Composition Shingle Roof
  • Pier And Beam

Interior Spaces

  • 4,500-4,999 Sq Ft Home
  • 4,876 Sq Ft Home
  • 2.5-Story Property
  • Elevator
  • Wet Bar
  • Smooth Ceilings
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Fireplace Features Masonry
  • Double Pane Windows
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 4 Fireplaces
  • Breakfast Room
  • Dining Room
  • Keeping Room
  • Water Views
  • Attic Access Panel
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • En-Suite Bathroom
  • Walk-In Closet
  • Dressing Area
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Home Security System
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Termite Clearance

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Cove
  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 002083 A00010

Community Details

Overview

  • South Bluffs Pud Phase 1 Subdivision
  • Mandatory Home Owners Association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,961

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: French
  • Detached Unit Type: General Residential
  • MLS Map #: 745A
  • MAAR Subdivision Name: SOUTH BLUFFS PH1
  • List Price Per Sq Ft: 307
  • Number Of Stories: 2.5
  • Price Per Sq Ft: 268.66
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 4876
  • Termite Contract: Yes
  • Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Keeping/Hearth Room, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room
  • Additional Bedroom Bathroom Info: Primary Up, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Half Bath Down
  • Estimated Heated Sq Ft Range: 4500-4999
  • Bedroom 2 Description: Level 2, Private Full Bath, Smooth Ceiling, Carpet
  • Bedroom 3 Description: Level 2, Private Full Bath, Carpet
  • Bedrooms: 3
  • Fireplace: Masonry, Vented Gas Fireplace, In Living Room, In Primary Bedroom, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Equipment: Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Breakfast Bar, Separate Breakfast Room, Island In Kitchen, Keeping/Hearth Room
  • Misc Interior: Wet Bar, Walk-In Closet(s), Attic Access, Fire Sprinklers, Security System, Smoke Detector(s), Elevator, Vent Hood/Exhaust Fan
  • Number Of Fireplaces: 4
  • Other Rooms: Laundry Room, Entry Hall
  • Total Bathrooms: 4.1
  • Primary Bathroom Description: Double Sinks, Separate Shower, Dressing Area, Smooth Ceiling, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Patio, Well Landscaped Grounds
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Conventional
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Central, Gas, 3 or More Systems
  • Water Sewer: 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Amenities: Gated Neighborhood
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Water View, Cove, Professionally Landscaped
  • Lot Number: 10
  • Acreage: 0.13
  • Keeping Hearth Dimension: 16X16
  • Lot Size: 5674SF 69.8X113.3IRR
  • Price Per Acre: 11500000

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 002083 A00010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Apr 28, 2017
Sold by
Hutson Donald L and Hutson Terri M
Bought by
Randle David Wayne and Teh David W Randle Revocable Trust
Seller's Agent
Judy McLellan
Crye-Leike, Inc., REALTORS
Buyer's Agent
Joshua Spotts
eXp Realty, LLC
List Price
$1,495,000
Sold Price
$1,310,000
Premium/Discount to List
-$185,000
-12.37%
Current Estimated Value
$1,439,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,522
Avg. Annual Appreciation
1.44%
Original Mortgage
$325,000
Interest Rate
4.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 23, 2015
Sold by
Patterson Jack O and Patterson Kathleen H
Bought by
Masone Robert
Source: Public Records

Range of Values:

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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
Randle David Wayne $1,310,000 None Available
Masone Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open David W Randle Revocable Trust $250,000
Closed Randle David W $250,000
Closed Randle David Wayne $325,000
Previous Owner Hutson Donald L $55,000
Previous Owner Hutson Donald L $720,000
Previous Owner Hutson Donald L $787,500
Previous Owner Hutson Donald L $600,000
Previous Owner Hutson Donald L $500,000
Previous Owner Hutson Donald L $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $1,310,000 -12.4% $291 / Sq Ft
03/31/2017 03/31/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $1,495,000 -- $332 / 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 $10,961 $404,475 $91,225 $313,250
2024 $10,961 $323,325 $95,450 $227,875
2023 $19,696 $323,325 $95,450 $227,875
2022 $19,696 $323,325 $95,450 $227,875
2021 $19,927 $323,325 $95,450 $227,875
2020 $21,785 $300,650 $95,450 $205,200
2019 $21,785 $300,650 $95,450 $205,200
2018 $21,785 $300,650 $95,450 $205,200
2017 $12,357 $300,650 $95,450 $205,200
2016 $7,374 $168,750 $0 $0
2014 $7,786 $216,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy McLellan

    Seller's Agent in 2017

    Judy McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5839

    4 in this area

    390 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Mickey McLellan

    Crye-Leike, Inc., REALTORS

    (901) 277-5840

    3 in this area

    273 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Joshua Spotts

    eXp Realty, LLC

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 9994906

Memphis Area Association of REALTORS®

APN: 00-2083-A0-0010

Tennessee Shelby County Memphis 38103 South Main

563 Magnolia Mound Dr, Memphis, TN

This home is located at 563 Magnolia Mound Dr, Memphis, TN 38103 since 03 February 2017 and is currently estimated at $1,601,837, approximately $320 per square foot. This property was built in 1994. 563 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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