589 Madewood Dr
Memphis, TN 38103
- 2 beds
- 2.5 baths
- – sqft
- 1994 build
- – on site
Move-in ready 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, farmer markets, bike and walking trails, NBA and Concerts at the FedEx forum.
Last checked:
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Last updated May 16, 2025
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MLS# 10191014 —
The Building
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Construction Status:Existing Property
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Style:Traditional
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Type:Detached Single Family
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Roof:Composition Shingles
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Foundation:Conventional
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Exterior/Windows:Wood/Composition, Double Pane Windows, Storm Doors
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Detached Unit Type:General Residential
Interior
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Miscellaneous Interior:Excl Some Window Treatment, Attic Access, Security System, Smoke Detectors
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Living/Dining/Kitchen:Separate Dining Room, Great Room, Updated/Renovated Kitchen, Breakfast Bar, Pantry
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Fireplace:Vented Gas Fireplace, In Den/Great Room, Gas Starter, Gas Logs, Blower, Glass Door
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Floors/Ceilings:Part Hardwood, Part Carpet, Smooth Ceiling, 9 or more Ft. Ceiling
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Other Rooms:Laundry Closet, attic
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Additional Bed/Bath Info:All Bedrooms Down, Split Bedroom Plan, renovated bathroom, Luxury Primary Bath, Half Bath Down
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1st Story Floor Plan:Dining Room, Den/Great Room, Kitchen, Laundry Room
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2nd Story Floor Plan:Primary Bedroom, 2nd Bedroom, 2 or More Baths
Financial & Terms
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New Financing:Conventional, FHA, VA
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Flood Insurance:No
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Warranty/Possible Addenda:Possession at Closing
Location
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Map Coordinate:A
The Property
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Area:745A
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Acres:0.05
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Lot Description:Some Trees, Level, Corner, Professionally Landscaped, Wood Fenced
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Lot #:63
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Lot Size:24 Sqft
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Miscellaneous Exterior:Porch, Screen Porch, Patio, Neighborhood Rec Facility, Courtyard, Balcony, Enclosed Balcony, Well Landscaped Grounds, Wood Fence, Pet Area, Sidewalks
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Security:Burglar Alarm, Fire Alarm, Smoke Detectors, Security Gate, Window Guards, Dead Bolts Locks
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Pool Description:Neighborhood
Listing Agent
- Contact info:
- Agent phone:
- (901) 870-7633
- Office phone:
- (901) 261-7900
Beds
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Second Bedroom:Level 2, Private Full Bath, Smooth Ceiling, Carpet
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Bedroom 3:Level 2, Walk-In Closet, Full Bath, Smooth Ceiling, Carpet
Baths
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Bath Description:Smooth Ceiling, Tile Floor
Heating & Cooling
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Heating:Central
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Cooling:Central , Ceiling Fan
Utilities
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Water and Sewer:Electric Water Heater, Public Water, Public Sewer
Appliances
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Interior Equipment:Range/Oven, Disposal, Dishwasher
The Community
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Neighborhood Amenities:Club House, Gated Neighborhood, Pool, Tennis Court, Rec Facilities
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Neighborhood Association:Mandatory
Parking
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Parking Display:C1D
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Parking/Storage:Driveway/Pad, Gated Parking, Gate Clickers, Parking Lo, Designated Guest Parking
Monthly cost estimate
Asking price
$362,500
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,941
|
| Taxes | $317 |
| Insurance | $99 |
| Utilities | N/A |
| Total | $2,357/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/15/25
May 15, 2025
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Price Changed | MAARMLS | $362,500 | -0.5% |
|
4/16/25
Apr 16, 2025
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Price Changed | MAARMLS | $364,499 | -0.1% |
|
4/14/25
Apr 14, 2025
|
Price Changed | MAARMLS | $364,990 | 0.0% |
