OPEN SUN 1PM - 3PM
$18K PRICE DROP
589 Madewood Dr Memphis, TN 38103
South Main NeighborhoodEstimated payment $2,029/month
Total Views
944,314
2
Beds
2.5
Baths
1,200-1,399
Sq Ft
$248
Price per Sq Ft
Highlights
- All Bedrooms Downstairs
- Gated Community
- Landscaped Professionally
- Gated Parking
- Updated Kitchen
- 3-minute walk to Ashburn-Coppock Park
About This Home
2-bed, 2.5-bath South Bluffs home in a gated Memphis community. This residence is low-maintenance with a newer roof, HVAC, water heater, and SS appliances. Features hardwood floors, gas fireplace, high ceilings, updated eat-in kitchen, and 2.5 modern bathrooms. Both bedrooms are en suites with private, updated full bathrooms; the primary suite includes a walk-in closet with organizers. Fresh interior/exterior paint, covered porch, screened balcony, and fenced patio perfect for entertaining. Includes two private parking spaces. Steps from Tom Lee Park, River Walk, downtown Memphis, and South Main’s dining/arts. Gated neighborhood with quiet streets, private park, and optional amenities: pools, tennis/pickle courts, 24-hour gym (separate fee). Low HOA at $100/month. Ideal for singles, couples, or small families seeking urban ease. Downtown Living, close to restaurants, shopping, festivals, bike and walking trails, NBA and Concerts at the FedEx forum.
Open House Schedule
-
Sunday, September 21, 20251:00 to 3:00 pm9/21/2025 1:00:00 PM +00:009/21/2025 3:00:00 PM +00:00Call Agent (901) 604-2012 for gate code to get into South BluffsAdd to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,118
Year Built
- Built in 1994
Lot Details
- 2,178 Sq Ft Lot
- Lot Dimensions are 24x110
- Dog Run
- Wood Fence
- Landscaped Professionally
- Corner Lot
- Level Lot
- Few Trees
Home Design
- Traditional Architecture
- Composition Shingle Roof
- Pier And Beam
Interior Spaces
- 1,200-1,399 Sq Ft Home
- 1,200 Sq Ft Home
- 2-Story Property
- Smooth Ceilings
- Ceiling height of 9 feet or more
- Ceiling Fan
- Fireplace With Glass Doors
- Fireplace Features Blower Fan
- Gas Log Fireplace
- Some Wood Windows
- Double Pane Windows
- Window Treatments
- Great Room
- Dining Room
- Den with Fireplace
- Screened Porch
- Attic Access Panel
- Laundry Room
Kitchen
- Updated Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- All Bedrooms Down
- Primary bedroom located on second floor
- Split Bedroom Floorplan
- En-Suite Bathroom
- Walk-In Closet
- Remodeled Bathroom
- Primary Bathroom is a Full Bathroom
Home Security
- Window Bars
- Burglar Security System
- Security Gate
- Storm Doors
- Fire and Smoke Detector
Parking
- 1 Parking Space
- Driveway
- Gated Parking
- Guest Parking
- Parking Lot
Outdoor Features
- Enclosed Balcony
- Courtyard
- Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 002083 B00005
Community Details
Overview
- South Bluffs Pd Phase 2 Subdivision
- Mandatory Home Owners Association
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Recreation Facilities
- Community Pool
Security
- Gated Community
- Building Fire Alarm
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,118 | $77,250 | $20,250 | $57,000 |
| 2024 | $2,118 | $62,475 | $13,900 | $48,575 |
| 2023 | $3,806 | $62,475 | $13,900 | $48,575 |
| 2022 | $2,118 | $62,475 | $13,900 | $48,575 |
| 2021 | $3,850 | $62,475 | $13,900 | $48,575 |
| 2020 | $3,822 | $52,750 | $13,900 | $38,850 |
| 2019 | $3,822 | $52,750 | $13,900 | $38,850 |
| 2018 | $3,822 | $52,750 | $13,900 | $38,850 |
| 2017 | $2,264 | $55,075 | $13,900 | $41,175 |
| 2016 | $2,020 | $46,225 | $0 | $0 |
| 2014 | $2,020 | $46,225 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/16/2025 09/16/25 | Price Changed | $347,500 | -0.7% | $290 / Sq Ft |
| 09/12/2025 09/12/25 | Price Changed | $349,900 | 0.0% | $292 / Sq Ft |
| 09/06/2025 09/06/25 | Price Changed | $349,990 | 0.0% | $292 / Sq Ft |
| 06/19/2025 06/19/25 | Price Changed | $349,999 | -2.5% | $292 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $359,000 | -1.0% | $299 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $362,500 | -0.5% | $302 / Sq Ft |
| 04/16/2025 04/16/25 | Price Changed | $364,499 | -0.1% | $304 / Sq Ft |
| 04/15/2025 04/15/25 | Price Changed | $364,990 | 0.0% | $304 / Sq Ft |
| 04/10/2025 04/10/25 | Price Changed | $364,999 | 0.0% | $304 / Sq Ft |
| 04/03/2025 04/03/25 | For Sale | $365,000 | 0.0% | $304 / Sq Ft |
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | For Sale | $365,000 | +99.5% | $304 / Sq Ft |
| 09/17/2013 09/17/13 | Sold | $183,000 | -2.1% | $146 / Sq Ft |
| 08/05/2013 08/05/13 | Pending | -- | -- | -- |
| 07/19/2013 07/19/13 | For Sale | $187,000 | -- | $149 / Sq Ft |
Source: Memphis Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $192,000 | Realty Title | |
| Warranty Deed | $189,000 | -- | |
| Warranty Deed | $145,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $173,700 | New Conventional | |
| Closed | $179,685 | FHA | |
| Previous Owner | $173,582 | New Conventional | |
| Previous Owner | $194,400 | Unknown | |
| Previous Owner | $151,200 | Purchase Money Mortgage | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $24,000 | Credit Line Revolving | |
| Previous Owner | $148,000 | Unknown | |
| Previous Owner | $15,000 | Credit Line Revolving | |
| Previous Owner | $144,926 | FHA | |
| Closed | $37,800 | No Value Available |
Source: Public Records
About the Listing Agent
I'm a Lifetime Multi Million Dollar Club, "Top Producer" real estate agent with Keller Williams Realty. I'm extremely active in the Memphis, Germantown, Collierville TN and the nearby areas. I provide sellers and buyers with professional, responsive and attentive service. Call or text me, 901-870-7633 - I'm here to help.
Todd's Other Listings
-
$539,999 Open Sat 12PM - 2PM
- 5 Beds
- 3.5 Baths
- 3,200+ Sq Ft
- 7194 Millington Arlington Rd
- Millington, TN
Source: Memphis Area Association of REALTORS®
MLS Number: 10191014
APN: 00-2083-B0-0005
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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®.
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