#10194648, Listing office: BHHS McLemore & Co., Realty
Property details
About 589 Madewood Dr
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.
Highlights
Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCeiling Fan(s), Central Air
Lot size0.05 Acres
Year built1994
ParkingDriveway/Pad,Gated Parking,Gate Clickers,Parking Lot,Designated Guest Parking
MLS #10191014
FireplaceVented Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs, Blower, Glass Doors
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Range, Oven, Disposal, Dishwasher
- Flooring Type: Part Hardwood, Part Carpet, Smooth Ceiling, 9 or more Ft. Ceiling
- Interior: Excl Some Window Treatmnt, Attic Access, Security System, Smoke Detector(s)
- Fireplace: Vented Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs, Blower, Glass Doors
- Total Bedroom Count: 2
- Parking: Driveway/Pad,Gated Parking,Gate Clickers,Parking Lot,Designated Guest Parking
- Exterior: Porch, Screen Porch, Patio, Nbrhd Recreation Facility, Courtyard, Balcony, Enclosed Balcony, Well Landscaped Grounds, Wood Fence, Pet Area, Sidewalks
- Architectural Style: Traditional
- Heating: Central
- Cooling: Ceiling Fan(s), Central Air
- List Price: $349,999
- Annual Tax Amount: $3,805
- Tax Year: 2024
- Lot: Few Trees, Level, Corner Lot, Landscaped, Fencing
- Directions: Located in the gated community of South Bluffs.
- Year Built: 1994
- Stories: 2
- Lot Size: 0.05 Acres
- MLS Number: 10191014
- Office Name: Keller Williams
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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: 8/1/2025, 4:45:29 PM 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 03, 2013 | Home Sold | $183,000 |
| Sep 08, 2004 | Home Sold | $189,000 |
| Jan 07, 2000 | Home Sold | $145,021 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $62,475 | $3,805 |
| 2023 | $62,475 | $3,805 |
| 2022 | $62,475 | $3,850 |
| 2021 | $62,475 | $3,850 |
| 2020 | $52,750 | $3,822 |
| 2019 | $52,750 | $3,822 |
| 2018 | $52,750 | $2,263 |
| 2017 | $55,075 | $2,020 |
History based on county public records data.
Nearby schools
3
Downtown Elementary School
Public Magnet PK-5
1.4 mi
•10 N 4th St
3
Memphis Scholars Florida-Kansas (ASD)
Public Charter PK-5
1.4 mi
•90 W Olive Ave
3
A. B. Hill Elementary School
Public District PK-5
1.6 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. Most Memphis, TN residents have annual incomes between $35k-100k. Typical family type is single, no kids. 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 589 Madewood Dr
The listing price of 589 Madewood Dr property is $349,999.
The property 589 Madewood Dr is a house located in Memphis, Tennessee, 38103.
Active Listing: 589 Madewood Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 589 Madewood 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), Ida B. Wells Academy Elementary School/Middle School (GreatSchools Rating 2/10), Memphis Grizzlies Preparatory Charter School (GreatSchools Rating 5/10), 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 $3,805 (source: MLS/based on county public records data).
The last sale was on October 3, 2013 for $183,000 (source: MLS/tax record).
The property at 589 Madewood Dr has 2 bedrooms and 2 full and 1 half bathrooms.
The year of construction for 589 Madewood Dr is 1994.
This home is located at 589 Madewood Dr in Memphis, TN and zip code 38103 in the Downtown neighborhood. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $349,999.
In June 2025 more than 73 listings in Memphis, TN were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 219 were sold below. The inventory of homes for sale in Memphis, TN between May and June 2025 increased by 11.9%. The median list price of listings available in June 2025 was $224,900, while the average time on the real estate market was 35 days.
From Rocket Homes Real Estate and based on county public records data.