For sale

$415,000

198 Magnolia Dr, Memphis, TN 38117

3beds

1,836sqft

$2,888/mo

Get pre-qualified

Single Family Residence

Built in 1952

10,018 Square Feet Lot

$404,000 Zestimate^®

$226/sqft

$-- HOA

What's special

Soft-close cabinetsDouble closetsCompletely renovated kitchenRoomy showerNew appliancesTwo car carportQuartz countertops

Amazing renovated 3BR/2BA home in Pidgeon Estates! There is so much to love about this beautiful home, it's impossible to name it all. But let's start with the open living spaces perfect for entertaining. Create a feast in the completely renovated kitchen with quartz countertops, soft-close cabinets, new appliances, and an island for friends and family to keep you company while you cook. Sleep tight in the cozy primary bedroom with double closets and luxury primary bathroom with double vanity, water closet, and roomy shower. This home offers a spacious utility room with cubbies, laundry, and closets for storage as well as a two car carport out back. and the location couldn't be better - super convenient to schools, Laurelwood shopping, dining, entertainment and a short drive to Cooper Young, Overton Square, and downtown. See attached list of renovations to truly understand all this house has to offer.

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Entry Hall, Attic

Primary bedroom

Features: Hardwood Floor, Smooth Ceiling
Level: First
Area: 156
Dimensions: 12 x 13

Bedroom 2

Features: Hardwood Floor, Shared Bath, Smooth Ceiling
Level: First
Area: 154
Dimensions: 11 x 14

Bedroom 3

Features: Hardwood Floor, Shared Bath, Smooth Ceiling
Level: First
Area: 156
Dimensions: 12 x 13

Primary bathroom

Features: Double Vanity, Separate Shower, Smooth Ceiling, Tile Floor, Full Bath

Dining room

Features: Separate Dining Room
Area: 165
Dimensions: 11 x 15

Kitchen

Features: Eat-in Kitchen, Pantry, Kitchen Island, Washer/Dryer Connections
Area: 255
Dimensions: 15 x 17

Living room

Features: Separate Living Room
Width: 0

Bonus room

Area: 121
Dimensions: 11 x 11

Den

Area: 286
Dimensions: 13 x 22

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Vent Hood/Exhaust Fan, Range/Oven, Disposal, Dishwasher, Microwave
Laundry: Laundry Room

Features

All Bedrooms Down, Primary Down, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Full Bath Down, Smooth Ceiling, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Laundry Room, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Hardwood, Tile
Windows: Wood Frames, Storm Window(s), Window Treatments
Basement: Crawl Space
Attic: Pull Down Stairs
Has fireplace: No

Interior area

Total interior livable area: 1,836 sqft

Property

Parking

Total spaces: 2
Parking features: Driveway/Pad, Storage
Covered spaces: 2
Has uncovered spaces: Yes

Features

Stories: 1
Patio & porch: Porch, Patio
Pool features: None
Fencing: Wood

Lot

Size: 10,018 Square Feet
Dimensions: 75 x 135
Features: Level, Professionally Landscaped

Details

Parcel number: 055009 00022

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer, Wood/Composition

Condition

New construction: No
Year built: 1952

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Security: Dead Bolt Lock(s)
Subdivision: Magnolia Hills

Location

Region: Memphis

Financial & listing details

Price per square foot: $226/sqft
Tax assessed value: $296,300
Annual tax amount: $3,905
Price range: $415K - $415K
Date on market: 10/16/2026
Cumulative days on market: 2 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$404,000

$384,000 - $424,000

$2,054/mo

Price history

Date	Event	Price
10/16/2026	Listed for sale	$415,000+97.6%$226/sqft
Source: MAAR #10232528 Report a problem
11/21/2025	Sold	$210,000-20%$114/sqft
Source: MAAR #10205803 Report a problem
11/17/2025	Pending sale	$262,500$143/sqft
Source: MAAR #10205803 Report a problem
9/16/2025	Listed for sale	$262,500-19.5%$143/sqft
Source: MAAR #10205803 Report a problem
8/14/2025	Sold	$326,235$178/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,904 -12.1%	$74,075 +9.8%
2024	$4,442 +8.1%	$67,450
2023	$4,109	$67,450
2022	--	$67,450
2021	--	$67,450 +12.4%
2020	$1,918	$60,000
2019	$1,918 -21.1%	$60,000
2018	$2,430 -45.1%	$60,000
2017	$4,429 +121.8%	$60,000 +2.2%
2016	$1,997 +67.1%	$58,725
2014	$1,195	$58,725
2013	--	$58,725 +14.8%
2012	--	$51,175
2011	--	$51,175
2010	--	$51,175
2009	--	$51,175 +39.2%
2008	--	$36,775
2007	--	$36,775
2006	--	$36,775
2005	--	$36,775 -5.9%
2004	--	$39,100
2003	--	$39,100
2002	--	$39,100
2001	--	$39,100 +13.8%
2000	--	$34,350