$1,650,000

555 Magnolia Mound Dr Memphis, TN 38103

$10,000
Closing credit¹
3 beds
2 full, 1 partial
0.1 acres
House

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

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: 4/30/2025, 4:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

contemporary home with a front yard and a garage

$1,650,000

555 Magnolia Mound Dr

$10,000

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
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

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $85,102. Residents of Memphis, TN typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area 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/WNBANBA/WNBA
  • Yoga/pilatesYoga/pilates
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • H&MH&M
  • Banana RepublicBanana Republic

Where do the neighbors go to eat?

  • QdobaQdoba
  • Dominos PizzaDominos Pizza
  • SonicSonic

What do the neighbors drive?

  • InfinitiInfiniti
  • AudiAudi
  • BMWBMW

What do the neighbors listen to?

  • Active RockActive Rock
  • AlternativeAlternative
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

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.

Over 46 listings were sold over their listed price in March 2025 in Memphis, TN. In the same period over 216 listings were sold below the listed price and 105 listings were sold for the listed price. In March 2025 in Memphis, TN there were 14.8% more homes for sale than in February.

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

More resources