Address
589 Madewood Dr, Memphis, TN
Price
$ 319,999
Property Attributes
  • MLS#10223094
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityMemphis
  • AreaSouth Bluffs-Downtown
  • NeighborhoodSOUTH BLUFFS PH2
  • Zip38103
  • StyleTraditional
  • Year Built1994
  • Taxes$ 4072
  • Price$ 319,999
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1200
  • Lot Size0.05 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

*Sellers offer either/or: 2-1 rate buy down or 3% towards buyers closing costs. Home in the prestigious gated South Bluffs community of Downtown Memphis. This low-maintenance residence offers exceptional value in one of the area’s most exclusive neighborhoods. Featuring hardwood floors, high ceilings, a gas fireplace, and an updated eat-in kitchen with stainless steel appliances, this 2 bed / 2.5 bath home is move-in ready. Both bedrooms are en-suite with updated bathrooms, and the primary suite includes a large walk-in closet with organizers. Recent updates include a newer roof, HVAC system, water heater, and fresh interior/exterior paint. Enjoy outdoor living on the covered porch, upstairs screened balcony, and fenced patio — perfect for relaxing or entertaining. The home includes two private parking spaces in this secure, gated community with quiet streets and a private park. Optional amenities include pool, tennis/pickleball courts and a 24-hour gym. *HOA fee of just $100/month.

Price History
6/4/2026 Listed $339,000
6/23/2026 3$329,999
7/16/2026 1$327,000
7/18/2026 3$320,000
9/7/2026 1$319,999

General Features

Heating Central
Cooling Ceiling Fan(s),Central
Roof Composition Shingles
Fireplaces 1
Status Active
Full Baths 2
Half Baths 1
Other Rooms Laundry Closet,Loft/Balcony,Attic
Legal Subdivision Name SOUTH BLUFFS PD PHASE 2
Style Traditional
Stories Count 2
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 745A
Parcel Number 002083 B00005
Annual Association Fee 1200
Status Active
Annual City Tax 1994
Annual County Tax 2078
Sale/Rent For Sale
Flood Insurance Required No
Neighborhood Amenities Club House,Gated Neighborhood,Pool,Recreation Facilities
Area South Bluffs/Downtown
Service Type Full Service Listing
Neighborhood Association Mandatory
Year Built 1994
Directions Located in the gated community of South Bluffs.
City Memphis
DOM 82

Interior Features

Dining Room 10x10
Living Room Separate Dining Room,Separate Den,Updated/Renovated Kitchen,Eat-In Kitchen,Breakfast Bar,Pantry
Kitchen Dimensions 10x9
Bedroom 2 Dimensions 12x12
Beds 2
Total Baths 2.1
Fireplace Masonry,In Den/Great Room
Number of Rooms 4
MISC. INTERIOR Excl Some Window Treatmnt,Walk-In Closet(s),Pull Down Attic Stairs,Security System,Smoke Detector(s)
FLOORS/CEILINGS Part Hardwood,Part Carpet,Smooth Ceiling,9 or more Ft. Ceiling
Condo Amenities Tennis Court(s),Exercise Room,Water View
INTERIOR EQUIPMENT Range/Oven,Disposal,Dishwasher,Refrigerator,Washer,Dryer,Cable Wired
BEDROOM 2 DESCRIPTION Level 2,Private Full Bath

Exterior Features

Foundation Slab
Pool Neighborhood
Lot 63
Lot Size Area 0.05
Water & Sewer Electric Water Heater,Public Sewer,Public Water
Lot Size 24X110
Parking Display C1D
Lot Description Some Trees,Level,Corner,Professionally Landscaped,Wood Fenced
# Covered Parking Spaces 1
PARKING/STORAGE Driveway/Pad,Assigned Parking,Designated Guest Parking
EXTERIOR/WINDOWS Wood/Composition,Double Pane Window(s),Storm Door(s)
Misc. Exterior Porch,Screen Porch,Covered Patio,Nbrhd Recreation Facility,Courtyard,Balcony,Enclosed Balcony,Well Landscaped Grounds,Wood Fence,Sidewalks

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38103

Price
AVG $550K
$320K
Taxes
AVG $7,043
$4,072
Year Built
AVG 1999
1994
Visits
AVG 98
88
Data Provided by Inside Real Estate®

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