NOT LISTED FOR SALE

575 Magnolia Mound Dr Memphis, TN 38103

South Main Neighborhood

Estimated Value: $1,331,000 - $1,802,000

3 Beds
3.5 Baths
5,000-5,499 Sq Ft
$286/Sq Ft Est. Value

Last Sold May 06, 2014

Last sale price $810,000 $147 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,538/month

300 Days on Market

Highlights

  • Water Views
  • Gated Parking
  • 0.2 Acre Lot
  • Home Theater
  • Sitting Area In Primary Bedroom
  • Two Primary Bathrooms

About This Home

As of May 2014

Drastic reduction! Recently appraised for $1.2 million. Amazing 3 BR 3.5 BA one owner home in the gated South Bluffs! Elevator. Hrdwd throughout. Quality. 20ft ceilings. Multiple balconies. Breath taking views of the Mississippi. Bring OFFER now.

Last Agent to Sell the Property

Amanda Lott

BHHS McLemore & Co., Realty License #318728 Listed on: 07/05/2013

BHHS McLemore & Co., Realty

Co-Listed By

Carol Lott

BHHS McLemore & Co., Realty License #225648

Last Buyer's Agent

Ann Etta Moore

Crye-Leike, Inc., REALTORS License #232886

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,607

Year Built

  • Built in 2001

Lot Details

  • 8,712 Sq Ft Lot
  • Wrought Iron Fence
  • Level Lot
  • Sprinklers on Timer

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 5,000-5,499 Sq Ft Home
  • 5,255 Sq Ft Home
  • 2.1-Story Property
  • Wet Bar
  • Central Vacuum
  • Smooth Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace With Glass Doors
  • Gas Log Fireplace
  • Some Wood Windows
  • Double Pane Windows
  • Window Treatments
  • Two Story Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Breakfast Room
  • Dining Room
  • Home Theater
  • Bonus Room with Fireplace
  • Loft
  • Sun or Florida Room
  • Storage Room
  • Laundry Room
  • Water Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Fireplace in Primary Bedroom
  • Primary bedroom located on second floor
  • Cedar Closet
  • Walk-In Closet
  • Two Primary Bathrooms
  • Jack-and-Jill Bathroom
  • Powder Room
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Home Security

  • Monitored
  • Storm Windows
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Community Details

  • South Bluffs Pud Phase 1 Subdivision
  • Mandatory Home Owners Association
  • Planned Unit Development

Listing and Financial Details

  • Assessor Parcel Number 002083 A00013

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,607

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MLS Map #: 745A
  • MAAR Subdivision Name: SOUTH BLUFFS PH1
  • Freestanding: Yes
  • List Price Per Sq Ft: 160
  • Number Of Stories: 2.1
  • Price Per Sq Ft: 154.14
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 5255
  • Year Built: 2001
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Living Room, Dining Room, Kitchen, 1/2 Bath, Laundry Room, Breakfast Room
  • Second Story Floor Plan: Primary Bedroom, 1 Bath, 2 or More Baths, Media Room
  • Additional Bedroom Bathroom Info: Primary Up, Vaulted/Coffered Primary, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, 2 Full Primary Baths
  • Estimated Heated Sq Ft Range: 5000-5499
  • Bedroom 2 Description: Walk-In Closet, Hardwood Floor
  • Bedroom 3 Description: Walk-In Closet, Hardwood Floor
  • Bedrooms: 3
  • Fireplace: Vented Gas Fireplace, In Living Room, In Primary Bedroom, In Other Room, Gas Starter, Gas Logs, Glass Doors
  • Floors/Ceilings: Hardwood Throughout, Tile, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Equipment: Range/Oven, Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Cable Available, Separate Ice Maker
  • Living Dining Kitchen: Separate Living Room, Separate Dining Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Misc Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Cedar Lined Closet(s), Pull Down Attic Stairs, Walk-In Attic, Central Vacuum, Fire Sprinklers, Powder/Dressing Room, Security System, Smoke Detector(s), Monitored Alarm
  • Number Of Fireplaces: 3
  • Other Rooms: Laundry Room, Sun Room, Bonus Room, Entry Hall, Loft/Balcony, Media Room
  • Total Bathrooms: 3.1
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Separate His/ Her Baths, Tile Floor
  • P R I M A R Y B E D R O O M: Level 2, Walk-In Closet, Fireplace, Sitting Area, Smooth Ceiling, Hardwood Floor

Exterior Features

  • Misc Exterior: Auto Lawn Sprinkler, Porch, Patio, Covered Patio, Deck
  • Exterior Windows: Brick Veneer, Vinyl Siding, Wood Window(s), Double Pane Window(s), Storm Window(s)
  • Foundation: Slab
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Carport Garage: Garage
  • Number Covered Parking Spaces: 2
  • Parking Display: G2A
  • Parking Storage: Storage Room(s), Garage Door Opener(s), Front-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
  • Water Sewer: Gas Water Heater, 2+ Water Heaters, Public Water, Public Sewer

Association/Amenities

  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Level, Water View, Iron Fenced
  • Lot Number: 13
  • Acreage: 0.2
  • Keeping Hearth Dimension: 10x12
  • Lot Size: 8892SF 20X142 (IRR)
  • Price Per Acre: 4195000

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: 002083 A00013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2023
Sold by
Wakefield John Walker and Wakefield Pamela Moore
Bought by
John And Pamela Wakefield Living Trust and Wakefield
Current Estimated Value
$1,573,029

Purchase Details

Listed on
Jul 5, 2013
Closed on
May 6, 2014
Sold by
Hassell Larry L
Bought by
Wakefield John Walker and Wakefield Pamela Moore
Seller's Agent
Amanda Lott
BHHS McLemore & Co., Realty
Buyer's Agent
Ann Etta Moore
Crye-Leike, Inc., REALTORS
List Price
$1,000,000
Sold Price
$810,000
Premium/Discount to List
-$190,000
-19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Owen C Penn
Bought by
Hassell Larry L and Hassell Joyce B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1997
Sold by
Harrell H Steve
Bought by
Owen C Penn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.98%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
John And Pamela Wakefield Living Trust -- None Listed On Document
Wakefield John Walker $810,000 None Available
Hassell Larry L $167,500 --
Owen C Penn $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hassell Larry L $413,800
Previous Owner Hassell Larry L $398,500
Previous Owner Hassell Larry L $322,700
Previous Owner Hassell Larry L $135,000
Previous Owner Hassell Larry L $125,000
Previous Owner Owen C Penn $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2014 05/06/14 Sold $810,000 -19.0% $162 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
07/05/2013 07/05/13 For Sale $1,000,000 -- $200 / 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 $11,607 $425,250 $147,250 $278,000
2024 $11,607 $342,375 $107,950 $234,425
2023 $20,856 $342,375 $107,950 $234,425
2022 $20,856 $342,375 $107,950 $234,425
2021 $21,101 $342,375 $107,950 $234,425
2020 $23,236 $320,675 $134,950 $185,725
2019 $23,236 $320,675 $134,950 $185,725
2018 $23,236 $320,675 $134,950 $185,725
2017 $13,180 $320,675 $134,950 $185,725
2016 $11,151 $255,175 $0 $0
2014 $10,662 $243,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amanda Lott

    Seller's Agent in 2014

    Amanda Lott

    BHHS McLemore & Co., Realty

    (901) 461-9246

    44 in this area

    360 Total Sales

    Amanda Lott
    Section Image
  • Carol Lott

    Seller Co-Listing Agent in 2014

    Carol Lott

    BHHS McLemore & Co., Realty

    (901) 461-4869

    44 in this area

    352 Total Sales

    Carol Lott
    Section Image

  • A

    Buyer's Agent in 2014

    Ann Etta Moore

    Crye-Leike

See All Agents

Map

Source: Memphis Area Association of REALTORS®

MLS Number: 3275781

Memphis Area Association of REALTORS®

APN: 00-2083-A0-0013

Tennessee Shelby County Memphis 38103 South Main

575 Magnolia Mound Dr, Memphis, TN

This home is located at 575 Magnolia Mound Dr, Memphis, TN 38103 since 05 July 2013 and is currently estimated at $1,573,029, approximately $286 per square foot. This property was built in 2001. 575 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 Scholars Florida Kansas.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Memphis Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some or all of the listings displayed may not belong to the firm whose website is being visited. Copyright© 2025 Memphis Area Association of REALTORS®.

Nearby Homes