$258,500

514 Grahamwood Dr Memphis, TN 38122

$3,070
Closing credit¹
2 beds
1 full
0.2 acres
House

Property details

About 514 Grahamwood Dr

Charming, Turn-key High Point Terrace gem tucked away in a hidden pocket of the neighborhood! This 2-bedroom, 1-bath home features a newly updated kitchen and bathroom, blending classic charm with modern convenience. Enjoy a bright, open living space, a dedicated laundry room with washer and dryer, plus a carport with extra storage. The fenced-in backyard is the perfect size—easy to maintain but just enough for entertaining or relaxing. Walk to the pub, grocery, and neighborhood restaurants. A rare find in a prime East Memphis location! Den/Great room is used as Dining/Office 14x12. Huge Laundry/Utility Room: 12x9 2021/22 replaced hot water heater, replaced carport roof, left side fence, landscaping & new appliances.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.16 Acres
Year built1949
ParkingDriveway/Pad,On-Street Parking,Storage Room(s)
MLS #10195490
ViewOther

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Range, Oven
  • Flooring Type: Hardwood Throughout, Smooth Ceiling
  • Interior: Mud Room
  • Total Bedroom Count: 2
  • Parking: Driveway/Pad,On-Street Parking,Storage Room(s)
  • View: Other
  • Exterior: Wrought Iron Security Drs, Storage Building, Patio, Covered Patio
  • Architectural Style: Bungalow, Traditional
  • Heating: Central
  • Cooling: Central Air
  • List Price: $258,500
  • Annual Tax Amount: $2,797
  • Tax Year: 2024
  • Lot: Landscaped, Level, Few Trees, Fencing
  • Directions: From Walnut Grove, take High Point Terrace north. Right on Philwood to Grahamwood (3rd cross street). Left on Grahamwood. House is on the east side or street. 514 Grahamwood.
  • Year Built: 1949
  • Stories: 1
  • Lot Size: 0.16 Acres
  • MLS Number: 10195490
  • Office Name: Hobson, REALTORS

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: 5/2/2025, 9:20:53 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 property featuring brick siding, fence, and a front yard

$258,500

514 Grahamwood Dr

$3,070

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jun 24, 2021
Home Sold
$232,000
Jul 02, 2019
Home Sold
$170,000
Jun 27, 2013
Home Sold
$118,000
Jun 22, 2004
Home Sold
$86,900
Mar 15, 2000
Home Sold
$73,783

Tax history

YearAssessmentProperty Tax
2024$45,925$2,797
2023$45,925$2,797
2022$45,925$2,830
2021$45,925$2,830
2020$29,100$2,108
2019$29,100$2,108
2018$29,100$1,196
2017$29,100$1,214

History based on county public records data.

Nearby schools

6

Grahamwood Elementary School

Public Magnet PK-5

0.3 mi

3950 Summer Ave

5

Treadwell Elementary School

Public Magnet PK-5

1.0 mi

3538 Given Ave

4

Berclair Elementary School

Public District PK-5

1.4 mi

810 N Perkins 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 $65,957. Typical income of Memphis, TN residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
70%
35k-100k
12%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
7%
Single, with Kids
16%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
4%
12-17 yrs old
39%
18-34 yrs old
37%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • College BasketballCollege Basketball
  • Yoga/pilatesYoga/pilates
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • DillardsDillards
  • H&MH&M
  • Chico'sChico's

Where do the neighbors go to eat?

  • Logan's RoadhouseLogan's Roadhouse
  • Dominos PizzaDominos Pizza
  • Bob EvansBob Evans

What do the neighbors drive?

  • HyundaiHyundai
  • AudiAudi
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • AlternativeAlternative
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

About 514 Grahamwood Dr

The listing price of 514 Grahamwood Dr property is $258,500.

The property 514 Grahamwood Dr is a house located in Memphis, Tennessee, 38122.

Active Listing: 514 Grahamwood Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 514 Grahamwood Dr are: Grahamwood Elementary School (GreatSchools Rating 6/10), Treadwell Elementary School (GreatSchools Rating 5/10), Berclair Elementary School (GreatSchools Rating 4/10), Compass Community School Berclair Campus (GreatSchools Rating 4/10), Treadwell Middle School (GreatSchools Rating 4/10), Kingsbury Middle School (GreatSchools Rating 2/10), Kingsbury High School (GreatSchools Rating 2/10), East High School (GreatSchools Rating 8/10), Memphis Academy of Health Sciences High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $2,797 (source: MLS/based on county public records data).

The last sale was on June 24, 2021 for $232,000 (source: MLS/tax record).

The property at 514 Grahamwood Dr has 2 bedrooms and 1 bathroom.

The year of construction for 514 Grahamwood Dr is 1949.

This home is located at 514 Grahamwood Dr in Memphis, TN and zip code 38122. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 1, 2025 and is currently priced at $258,500.

In April 2025 more than 51 listings in Memphis, TN were sold above the asking price. During the same period more than 116 listings were sold at asking price, while more than 223 were sold below. The number of homes for sale in Memphis, TN increased by 13.8% between March and April 2025.

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

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