#10198557, Listing office: Germantown Luxury Homes, LLC
Property details
About 555 Magnolia Mound Dr
Architecturally stunning custom-built 2-story contemporary home in prime location atop the Bluff overlooking the Mississippi River. Breathtaking views from almost every room. Designed by LRK with a dramatic floor plan & attention to every detail. Superior Construction with Soundproof Glass. Wonderful balconies on each level. Elevator, solid walnut wet bar. Commercial bitumen, metal roof along with a Generator. 20 ft ceilings in the living room. Wonderful gated community.
Highlights
Home typeSingle Family Residence
HeatingCentral, Multi Unit(s)
StatusActive
CoolingCentral Air, Ceiling Fan(s), Multi Unit(s)
BasementYes
Lot size0.12 Acres
Year built2007
ParkingDriveway/Pad,Storage Room(s),Garage Door Opener(s),Front-Load Garage,Gated Parking,Gate Clickers
MLS #10171455
WaterfrontWaterfront, Water View
FireplaceIn Living Room, Gas Starter, Gas Logs
ViewWater
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Range, Oven, Self Cleaning Oven, Double Oven, Gas Range, Disposal, Dishwasher, Microwave, Trash Compactor, Refrigerator
- Basement: Yes
- Flooring Type: Concrete Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling
- Interior: All Window Treatments, Wet Bar, Central Vacuum, Mud Room, Security System, Monitored Alarm, Elevator, Vent Hood/Exhaust Fan
- Fireplace: In Living Room, Gas Starter, Gas Logs
- Total Bedroom Count: 3
- Parking: Driveway/Pad,Storage Room(s),Garage Door Opener(s),Front-Load Garage,Gated Parking,Gate Clickers
- Waterfront: Waterfront, Water View
- View: Water
- Exterior: Auto Lawn Sprinkler, Gas Grill, Patio, Balcony, Well Landscaped Grounds
- Architectural Style: Contemporary
- Heating: Central, Multi Unit(s)
- Cooling: Central Air, Ceiling Fan(s), Multi Unit(s)
- List Price: $1,650,000
- Annual Tax Amount: $20,958
- Tax Year: 2024
- Lot: Views, Landscaped
- Directions: Enter Gated Neighborhood on GE Patterson.
- Year Built: 2007
- Stories: 2
- Lot Size: 0.12 Acres
- MLS Number: 10171455
- Office Name: Hobson, REALTORS
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 11:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 02, 2020 | Home Sold | $1,400,000 |
| Jul 25, 2013 | Home Sold | $1,050,000 |
| Feb 15, 2001 | Home Sold | $270,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $344,050 | $20,958 |
| 2023 | $344,050 | $20,958 |
| 2022 | $344,050 | $21,203 |
| 2021 | $344,050 | $21,203 |
| 2020 | $300,000 | $21,737 |
| 2019 | $300,000 | $24,188 |
| 2018 | $333,825 | $16,521 |
| 2017 | $401,975 | $11,471 |
History based on county public records data.
Nearby schools
3
Downtown Elementary School
Public Magnet PK-5
1.3 mi
•10 N 4th St
3
Memphis Scholars Florida-Kansas (ASD)
Public Charter PK-5
1.5 mi
•90 W Olive Ave
3
A. B. Hill Elementary School
Public District PK-5
1.7 mi
•345 E Olive Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $85,102. The majority of Memphis, TN residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
9%
<35k
53%
35k-100k
28%
100k-200k
10%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
71%
Single, No Kids
2%
Single, with Kids
23%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
1%
12-17 yrs old
37%
18-34 yrs old
50%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Yoga/pilates
Major League Soccer (MLS)
Where do the neighbors shop?
New York & Company
H&M
Banana Republic
Where do the neighbors go to eat?
Qdoba
Dominos Pizza
Sonic
What do the neighbors drive?
Infiniti
Audi
BMW
What do the neighbors listen to?
Active Rock
Alternative
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 555 Magnolia Mound Dr
The listing price of 555 Magnolia Mound Dr property is $1,650,000.
The property 555 Magnolia Mound Dr is a house located in Memphis, Tennessee, 38103.
Active Listing: 555 Magnolia Mound Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 555 Magnolia Mound Dr are: Downtown Elementary School (GreatSchools Rating 3/10), Memphis Scholars Florida-Kansas (ASD) (GreatSchools Rating 3/10), A. B. Hill Elementary School (GreatSchools Rating 3/10), Memphis Grizzlies Preparatory Charter School (GreatSchools Rating 5/10), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), City University School Girls Preparatory (GreatSchools Rating 5/10), Booker T. Washington High School (GreatSchools Rating 3/10), Carver College and Career Academy (GreatSchools Rating 1/10), Hollis F. Price Middle College (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $20,958 (source: MLS/based on county public records data).
The last sale was on October 2, 2020 for $1,400,000 (source: MLS/tax record).
The property at 555 Magnolia Mound Dr has 3 bedrooms and 2 full and 1 half bathrooms.
The year of construction for 555 Magnolia Mound Dr is 2007.
This home is located at 555 Magnolia Mound Dr in Memphis, TN and zip code 38103 in the Downtown neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 2, 2024 and is currently priced at $1,650,000.
In June 2025, from all listings sold in Memphis, TN there were more than 73 sold above asking price, over 219 sold below and more than 107 were sold right at the asked price. The number of listings in Memphis, TN increased by 11.9% between May and June 2025. While the average time on the market in June 2025 was 35 days, the median list price was $224,900.
From Rocket Homes Real Estate and based on county public records data.