NOT LISTED FOR SALE

567 Magnolia Mound Dr Memphis, TN 38103

South Main Neighborhood

Estimated Value: $1,468,000 - $1,865,000

4 Beds
6 Baths
5,500-5,999 Sq Ft
$280/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $1,879,000 $313 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $10,579/month

206 Days on Market

Highlights

  • Water Views
  • Home Theater
  • Gated Community
  • Second Kitchen
  • Gated Parking
  • Updated Kitchen

About This Home

As of April 2023

This is a one of a kind custom built home overlooking the mighty Mississippi River in the prestigious private gated community of South Bluffs. A contemporary home that combines all of the modern day luxuries with old south charm and grace. After an artfully detailed 2 year renovation, it is truly one of Memphis' most spectacular homes on the market today. With captivating panoramic views of the river from the main floor, bedrooms and your backyard, to see it is to fall in love!

Last Agent to Sell the Property

Tracie Gaia

BHHS McLemore & Co., Realty License #272321 Listed on: 08/31/2022

BHHS McLemore & Co., Realty

Co-Listed By

Jason Gaia

BHHS McLemore & Co. Realty License #271807

BHHS McLemore & Co. Realty

Last Buyer's Agent

Jason Gaia

BHHS McLemore & Co. Realty License #271807

BHHS McLemore & Co. Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,681

Year Built

  • Built in 1998

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 60x113
  • Wood Fence
  • Brick Fence
  • Landscaped Professionally
  • Level Lot
  • Sprinklers on Timer
  • Few Trees

HOA Fees

  • $321 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,500-5,999 Sq Ft Home
  • 5,576 Sq Ft Home
  • 2.75-Story Property
  • Elevator
  • Wet Bar
  • Built-in Bookshelves
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Fireplace in Hearth Room
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Casement Windows
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Den with Fireplace
  • Library
  • Loft
  • Bonus Room
  • Play Room
  • Storage Room
  • Keeping Room
  • Water Views

Kitchen

  • Updated Kitchen
  • Second Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal
  • Instant Hot Water

Flooring

  • Wood
  • Partially Carpeted
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary bedroom located on second floor
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Cedar Closet
  • Walk-In Closet
  • Remodeled Bathroom
  • Primary Bathroom is a Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Access Panel
  • Permanent Attic Stairs

Home Security

  • Monitored
  • Security Gate
  • Fire and Smoke Detector
  • Termite Clearance

Parking

  • 3 Car Attached Garage
  • Front Facing Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking

Outdoor Features

  • Cove
  • Balcony
  • Covered Patio or Porch
  • Outdoor Gas Grill

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Multiple Heating Units
  • Radiant Ceiling
  • Heating System Uses Gas
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 002083 A00011

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,681

Year Built

Built in 1998

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Asphodel
  • MLS Map #: 745A
  • MAAR Subdivision Name: SOUTH BLUFFS PH1
  • Historic District: South Main Street HP
  • List Price Per Sq Ft: 359
  • Number Of Stories: 2.75
  • Price Per Sq Ft: 336.98
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 5576
  • Termite Contract: Yes
  • Year Built: 1998
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 2nd Bedroom, 1 1/2 Bath, Keeping/Hearth Room, Breakfast Room, Office
  • Second Story Floor Plan: Den/Great Room, Primary Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room, Laundry Room, Bonus Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Primary Up, Split Bedroom Plan, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 5500 - 5999
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Hardwood Floor
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Carpet
  • Bedroom 4 Description: Level 2, Walk-In Closet, Private Full Bath, Built-In Cabinets/Bkcases, Smooth Ceiling, Carpet
  • Bedroom 5 Description: Level 2, Smooth Ceiling, Hardwood Floor
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: Prefabricated, Vented Gas Fireplace, In Living Room, In Den/Great Room, In Keeping/Hearth room, Gas Logs
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, Marble/Terrazzo, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Equipment: Self Cleaning Oven, Double Oven, Cooktop, Gas Cooking, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator, Washer, Dryer, Instant Hot Water, Cable Wired, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Separate Den, Updated/Renovated Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Washer/Dryer Connections, Keeping/Hearth Room
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Cedar Lined Closet(s), Permanent Attic Stairs, Attic Access, Walk-In Attic, Security System, Smoke Detector(s), Monitored Alarm, Elevator
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Library/Study, Play Room, Bonus Room, Office/Sewing Room, 2nd Kitchen, Entry Hall, Loft/Balcony, Media Room, Attic, Storage Room
  • Total Bathrooms: 4.2
  • Primary Bathroom Description: Double Sinks, Separate Shower, Vaulted/Coffered Ceiling, 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, Gas Grill, Porch, Patio, Covered Patio, Nbrhd Recreation Facility, Balcony, Well Landscaped Grounds, Brick or Stone Fence, Wood Fence, Sidewalks
  • Exterior Windows: Brick Veneer, Wood Window(s), Double Pane Window(s), Casement Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 3
  • Parking Display: G3A
  • Parking Storage: Driveway/Pad, Storage Room(s), Garage Door Opener(s), Front-Load Garage, Side-Load Garage, Gated Parking, Gate Clickers

Utilities

  • Cooling: Central, Ceiling Fan(s), 3 or More Systems, 220 Wiring
  • Heating: Central, Gas, 3 or More Systems, Ceiling Heat
  • Security: Burglar Alarm, Smoke Detector(s), Security Gate, Limited Access, Dead Bolt Lock(s), Closed Circuit TV
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 3856
  • Neighborhood Amenities: Gated Neighborhood, Pool, Tennis Court, Recreation Facilities
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Water View, Cove, Landscaped, Professionally Landscaped, Wood Fenced, Brick/Stone Fenced
  • Lot Number: 11
  • Acreage: 0.16
  • Keeping Hearth Dimension: 21x15
  • Lot Size: 60X113
  • Price Per Acre: 12499994

Green Features

  • Green Feature Checklist: Yes

Multi Family

  • Number Of Rooms: 14

Tax Info

  • Assessor Parcel Number: 002083 A00011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2025
Sold by
567 Mmd Revocable Living Trust and Hamilton Kish Llc
Bought by
Trezevant Kisha
Current Estimated Value
$1,695,776

Purchase Details

Listed on
Aug 31, 2022
Closed on
Apr 4, 2023
Sold by
Jackson Jeff H and Jackson Ronna R
Bought by
567 Mmd Revocable Living Trust
Seller's Agent
Tracie Gaia
BHHS McLemore & Co., Realty
Buyer's Agent
Jason Gaia
BHHS McLemore & Co. Realty
List Price
$2,500,000
Sold Price
$1,879,000
Premium/Discount to List
-$621,000
-24.84%
Views
214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.09%

Purchase Details

Listed on
Apr 8, 2019
Closed on
Oct 1, 2020
Sold by
Gillis W Jerry W and Gillis Bobbi S
Bought by
Jackson Jeff H and Jackson Ronna R
Seller's Agent
Bobbi Gillis
Arlena Enos, REALTORS
Buyer's Agent
Beth Halbach
Keller Williams
List Price
$1,295,000
Sold Price
$1,150,000
Premium/Discount to List
-$145,000
-11.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.61%
Original Mortgage
$920,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2017
Sold by
Gillis W Jerry
Bought by
Gillis Gillis W and Gillis Bobbi S

Purchase Details

Closed on
Oct 30, 2015
Sold by
Gillis Bobbi S
Bought by
Gillis W Jerry

Purchase Details

Closed on
Dec 19, 2001
Sold by
Gillis W Jerry
Bought by
Gillis Bobbi S

Purchase Details

Closed on
Feb 5, 1998
Sold by
Mccomas David W and Mccomas Donna
Bought by
Gillis W Jerry and Gillis Bobbi S

Purchase Details

Closed on
Feb 1, 1998
Sold by
Gillis W Jerry and Gillis Bobbi S
Bought by
Turley Henry M

Purchase Details

Closed on
Apr 30, 1997
Sold by
Pierce Robert W and Pierce Pamela A
Bought by
Mccomas David W and Mccomas Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.95%
Source: Public Records

Range of Values:

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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
Trezevant Kisha -- None Listed On Document
567 Mmd Revocable Living Trust $1,879,000 Southern Trust Title
Jackson Jeff H $1,150,000 Mid South Title Services Llc
Gillis Gillis W -- None Available
Gillis W Jerry -- Attorney
Gillis Bobbi S -- --
Gillis W Jerry $175,000 --
Turley Henry M $6,204 --
Mccomas David W $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Jeffrey H $250,000
Previous Owner Jackson Jeff H $920,000
Previous Owner Gillis William $606,295
Previous Owner Gillis William J $637,000
Previous Owner Gillis W Jerry $550,000
Previous Owner Mccomas David W $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $1,879,000 -6.0% $342 / Sq Ft
02/08/2023 02/08/23 Price Changed $1,999,999 -20.0% $364 / Sq Ft
08/31/2022 08/31/22 For Sale $2,500,000 +117.4% $455 / Sq Ft
09/30/2020 09/30/20 Sold $1,150,000 -11.2% $192 / Sq Ft
09/30/2020 09/30/20 For Sale $1,295,000 +12.6% $216 / Sq Ft
07/16/2020 07/16/20 Off Market $1,150,000 -- --
02/19/2020 02/19/20 Price Changed $1,295,000 -2.3% $216 / Sq Ft
12/08/2019 12/08/19 Price Changed $1,325,000 -5.0% $221 / Sq Ft
10/30/2019 10/30/19 For Sale $1,395,000 +21.3% $233 / Sq Ft
09/30/2019 09/30/19 Off Market $1,150,000 -- --
05/11/2019 05/11/19 Price Changed $1,395,000 -2.1% $233 / Sq Ft
04/08/2019 04/08/19 For Sale $1,425,000 -- $238 / 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 $11,681 $466,025 $120,900 $345,125
2024 $9,435 $344,575 $130,075 $214,500
2023 $16,955 $278,325 $130,075 $148,250
2022 $16,955 $278,325 $130,075 $148,250
2021 $9,602 $278,325 $130,075 $148,250
2020 $26,249 $362,250 $130,075 $232,175
2019 $12,976 $406,000 $130,075 $275,925
2018 $12,976 $406,000 $130,075 $275,925
2017 $13,282 $406,000 $130,075 $275,925
2016 $10,101 $231,150 $0 $0
2014 $10,101 $260,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tracie Gaia

    Seller's Agent in 2023

    Tracie Gaia

    BHHS McLemore & Co., Realty

    (901) 649-6232

    15 in this area

    116 Total Sales

    Section Image
  • Jason Gaia

    Seller Co-Listing Agent in 2023

    Jason Gaia

    BHHS McLemore & Co. Realty

    (901) 338-6677

    1 in this area

    64 Total Sales

    Section Image

  • B

    Seller's Agent in 2020

    Bobbi Gillis

    Arlena Enos, REALTORS

    Section Image

  • P

    Seller Co-Listing Agent in 2020

    Pat Beech

    Arlena Enos, REALTORS

    Section Image
  • Beth Halbach

    Buyer's Agent in 2020

    Beth Halbach

    Keller Williams

    (901) 337-6721

    1 in this area

    55 Total Sales

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10132558

Memphis Area Association of REALTORS®

APN: 00-2083-A0-0011

Tennessee Shelby County Memphis 38103 South Main

567 Magnolia Mound Dr, Memphis, TN

This home is located at 567 Magnolia Mound Dr, Memphis, TN 38103 since 31 August 2022 and is currently estimated at $1,679,980, approximately $280 per square foot. This property was built in 1998. 567 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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