1 month on rocket

505 Magnolia Ln, Piperton, TN, 38017

$889,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

505 Magnolia Ln, Piperton$889,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway/Pad, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage, Garage
Year Built2022
HeatingCentral, Natural Gas, Multi Unit(s)
CoolingCentral Air, Multi Unit(s)
BasementYes
FireplacePrefabricated, Ventless Gas Fireplace, Gas Logs
MLS #10166663
Lot Size0.52 Acres
StatusActive

About 505 Magnolia Ln

Luxurious custom built one year old home with upgrades galore in the beautiful upscale Twin Lakes community. Large Chefs kitchen with huge island. Primary has a large spa inspired bathroom. Upstairs has two bedrooms, two baths, secluded media room and huge game room with a built in "Full Swing Golf Simulator" that stays or can be removed by seller. 3 car garage, nice covered patio with fireplace and gas line ready for your grill. Low Fayette county taxes but convenient to 385 and Collierville.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2022
  • Stories: 2

Listing Office:

  • Office Name: Groome & Co.

Interior Features

Interior Information:

  • Appliances: Range, Oven, Double Oven, Gas Range, Disposal, Dishwasher, Microwave
  • Basement: Yes
  • Flooring Type: Hardwood Throughout, Part Carpet, Tile, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: All Window Treatments, Walk-In Attic
  • Fireplace: Prefabricated, Ventless Gas Fireplace, Gas Logs

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch, Covered Patio

Parking Information:

  • Parking: Driveway/Pad, More than 3 Coverd Spaces, Garage Door Opener(s), Side-Load Garage, Garage

Lot Features

Lot Information:

  • Lot: Landscaped
  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Multi Unit(s)
  • Cooling: Central Air, Multi Unit(s)

School Info

Assigned Schools Information:

  • Fayette Ware Comprehensive High School, Public District Grades 9-12
  • Southwest Elementary School, Public District Grades 4-5
  • West Junior High School, Public District Grades 6-8
  • Oakland Elementary School, Public District Grades PK-3

Other

Directions Information:

  • Directions: From HWY 57, go north on Ballard RD, stay on New Ballard , turn left on Twin Lakes, turn right on Magnolia, house is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $889,000

Tax Information:

  • Annual Amount: $447
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Piperton, TN.

Map thumbnail provided by MapBox

Piperton, TN

City

Med. Sold Price

$603.7K

# of Sold Homes

4

505 Magnolia Ln vs Piperton

59 DAYS ON ROCKET

$889,000

+$285.2K More

KEY TAKEAWAY

This property is $285.2K more than the Median Sold Price in Piperton, TN.

Based on homes sold in March 2024

MLS Details

MLS Information:

  • MLS Number: #10166663

Listing Office:

  • Office Name: Groome & Co.

Copyright© 2024 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: 4/27/2024, 3:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$447$23,750

History based on county public records data.

Payment Calculator

$4,504

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,732

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1002327
2
/10

  • Oakland Elementary School

  • 14925 Highway 194

  • 13.02 miles

  • Public District Grades PK-3

Middle School

school-card-donut-1002328
7
/10

  • Southwest Elementary School

  • 8095 Highway 194

  • 9.03 miles

  • Public District Grades 4-5

school-card-donut-1002329
3
/10

  • West Junior High School

  • 13100 Highway 194

  • 11.40 miles

  • Public District Grades 6-8

High School

school-card-donut-1002330
4
/10

  • Fayette Ware Comprehensive High School

  • 13520 Highway 59

  • 20.96 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $85,843. Most Piperton, TN residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Magnolia Ln

What is the listing price of this property?

The listing price of 505 Magnolia Ln property is $889,000.

What type of property is this?

The property 505 Magnolia Ln is a house located in Piperton, Tennessee, 38017.

Is this property for sale now?

Active Listing: 505 Magnolia Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 Magnolia Ln are:
Oakland Elementary School: GreatSchools Rating 2/10
Southwest Elementary School: GreatSchools Rating 7/10
West Junior High School: GreatSchools Rating 3/10
Fayette Ware Comprehensive High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $447 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 Magnolia Ln has 4 bedrooms and 4 full and 1 half bathrooms.

Which year was this property built?

The year of construction for 505 Magnolia Ln is 2022.

Rocket Homes›Tennessee›Shelby County›Piperton›38017›505 Magnolia Ln

This home is located at 505 Magnolia Ln in Piperton, TN and zip code 38017. This home, which was built in 2022, sits on a 0.52 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 27, 2024 and is currently priced at $889,000.

While more than 1 listings in Piperton, TN in March 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in Piperton, TN increased by 9.5% between February 2024 and March 2024.

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

More Resources