$579,000

506 S Yates Rd Memphis, TN 38120

$6,876
Closing credit¹
5 beds
3 full
0.4 acres
House

Property details

About 506 S Yates Rd

Welcome to your dream home at 506 S Yates Rd, nestled in the heart of the highly coveted East Memphis area. We invite you into this exquisite split-level residence, boasting 5 spacious bedrooms and 3 luxurious bathrooms, each designed with elegance in mind. Discover a completely updated home that is move-in ready, just waiting for your personal touch. The heart of the home features a gourmet kitchen equipped with sleek double ovens and ample space for culinary exploration, perfect for hosting gatherings. Retreat to the primary bedroom, a serene sanctuary that includes a bathroom complete with a sumptuous soaking tub and separate shower, offering a spa-like experience every day. The additional bedrooms provide plenty of room for family, guests, or home office. Outside, the beautifully landscaped and fenced backyard is a private oasis, ideal for entertaining or simply unwinding. Living here means having access to everything East Memphis has to offer, including top-notch dining and parks.

Highlights

Home typeSingle Family Residence
HeatingCentral, Dual System
StatusActive
CoolingCeiling Fan(s), Central Air, Dual
BasementYes
Lot size0.36 Acres
Year built1980
ParkingDriveway/Pad,Garage Door Opener(s),Side-Load Garage, Garage
MLS #10187996
FireplaceMasonry, In Living Room
ViewOther

Virtual tour

Summary

  • MLS Number: 10187996
  • Office Name: BHHS Taliesyn Realty

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable, but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house featuring a yard

$579,000

506 S Yates Rd

$6,876

closing credit¹

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Price information

Property sales

DateEventPrice
Nov 17, 2020
Home Sold
$436,500
Sep 21, 2020
Home Sold
$425,900

Tax history

YearAssessmentProperty Tax
2024$101,425$6,178
2023$101,425$6,178
2022$101,425$6,250
2021$101,425$6,250
2020$75,350$5,459
2019$75,350$5,459
2018$75,350$3,096
2017$75,350$3,281

History based on county public records data.

Nearby schools

8

Richland Elementary School

Public District PK-5

1.3 mi

5440 Rich Rd

7

Sea Isle Elementary School

Public District PK-5

1.7 mi

5250 Sea Isle Rd

8

White Station Elementary School

Public District PK-5

2.1 mi

4840 Chickasaw Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $112,097. The most common annual income of people living in Memphis, TN is between $100k-200k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

11%
<35k
31%
35k-100k
32%
100k-200k
26%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

24%
Single, No Kids
3%
Single, with Kids
45%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
10%
12-17 yrs old
13%
18-34 yrs old
44%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • Chico'sChico's
  • Nordstrom RackNordstrom Rack
  • NordstromNordstrom

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • California Pizza KitchenCalifornia Pizza Kitchen

What do the neighbors drive?

  • CadillacCadillac
  • MazdaMazda
  • BMWBMW

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

About 506 S Yates Rd

This home is located at 506 S Yates Rd in Memphis, TN and zip code 38120. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since January 13, 2025 and is currently priced at $579,000.

In February 2025 more than 57 listings in Memphis, TN were sold above the asking price. During the same period more than 73 listings were sold at asking price, while more than 205 were sold below. The number of listings in Memphis, TN increased by 13.5% between January and February 2025. Listings spent 67 days on the market in February 2025, and had a median list price of $185,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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