120 Founders Lane

Memphis, TN 38103

$1,500,900
Price
4
Beds
5
Baths
1
1/2 Bath
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Located Downtown Memphis! This "Entertainer's Dream" Home will set your heart racing! Scored concrete floors throughout 1st Floor, 9ft + High Ceilings , & Luxury Fixtures to Match! New Recently Finished Pool with Fully Functional Waterfall to Complement. This Home Features a Luxury Primary Suite, 3rd Floor "Party Suite" w/ Balcony Over Looking the City's Lights and River Views. Call Today to Book Your Private Showing!Located Downtown Memphis! This "Entertainer's Dream" Home will set your heart racing! Scored concrete floors throughout 1st Floor, 9ft + High Ceilings , & Luxury Fixtures to Match! New Recently Finished Pool with Fully Functional Waterfall to Complement. This Home Features a Luxury Primary Suite, 3rd Floor "Party Suite" w/ Balcony Over Looking the City's Lights and River Views. Call Today to Book Your Private Showing!
  1. Listed by Shimar Willis • Progressive Realty Services

Property Details for 120 Founders Lane

Area
745A
Style
Contemporary
MAAR Subdivision Name
FOUNDERS POINTE PH1
Legal Subdivision Name
FOUNDERS POINTE PHASE 1 PD
LISTING UPDATED: 01/29/2025 10:29 AM

Property Details for 120 Founders Lane

StatusActive
MLS #10182916
Days on Market117
Taxes$18,183 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Detached Single Family / No
Year Built2005
Lot Size0.47 AC / 20,473 SF
CountyShelby County

Building Information for 120 Founders Lane

Stories2Year Built2005Building Size-Lot Size0.47 AC / 20,473 SF

Property Information for 120 Founders Lane

Summary
Location and General Information
  • Address: 120 FOUNDERS LN
  • Address Search Number: 120
  • Directions: FROM RIVERSIDE DR GO SOUTH ON CHANNEL 3 DRIVE. TURN RIGHT INTO FOUNDERS POINT GATE THEN HOME WILL BE ON LEFT.
  • Geo Match Code: 0
  • Geo Matched Method: 0
  • Geo Quality: .95
  • Geo Update Timestamp: 10-09-2024
  • Geo Zoom Level: 16.00
  • Map Coordinate: A
  • MLS Map Num: South Bluffs/Downtown
  • Neighborhood Amenities: Other (See Remarks)
  • Neighborhood Association: Mandatory
Parking
  • Parking Display: 3
  • Parking/Storage: Driveway/Pad, Side-Load Garage
Taxes and HOA Information
  • LVT Date: 10-09-2024
Property
Lot Information
  • Lot Size: 148X181
  • Acreage: .47
  • Lot Num: 16 & 17
  • Lot Description: Brick/Iron Fenced, Corner, Level, Professionally Landscaped, Some Trees
  • Parcel ID: 002086 A00020C
Property and Assessments
  • Detached Unit Type: General Residential
  • Foundation: Slab
  • Prop Construction Status: Existing Property
  • Security: Burglar Alarm, Dead Bolt Lock(s), Iron Door(s), Monitored Alarm System, Security Gate, Smoke Detector(s)
  • Service Type: Full Service Listing
  • Syndicate Listing To: Zillow Group
Utilities
  • Cooling: 220 Wiring, 3 or More Systems, Ceiling Fan(s), Central
  • Water & Sewer: 2+ Water Heaters, Gas Water Heater, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Exterior/Windows: Brick Veneer, Casement Window(s), Double Pane Window(s), Wood Window(s)
  • Misc Exterior: Auto Lawn Sprinkler, Pool Cleaning Equipment, Pool Heater, Patio, Hot Tub, Historic District, Balcony, Enclosed Balcony, Brick or Stone Fence, Sidewalks
  • Misc. Interior: All Window Treatments, Wet Bar, Walk-In Closet(s), Walk-In Attic, Sky Light(s), Security System, Smoke Detector(s), Monitored Alarm
  • Pool Description: In Ground
  • Roof: Composition Shingles
Interior Features
  • Num of Fireplaces: 1.0
  • 1st Story Floor Plan: Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 2 or More Baths, Laundry Room, Keeping/Hearth Room, Office, Other (See REMARKS)
  • 2nd Story Floor Plan: 2 or More Baths, 3rd Bedroom, 4th or More Bedrooms, Bonus Room, Media Room, Office, Play Room/Rec Room
  • Additional Br/Bath Info: 1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower
  • Apprx Heated Sq Ft Range: 5000-5199
  • Bedroom 2 Description: Level 1, Private Full Bath, Smooth Ceiling, Tile Floor, Walk-In Closet
  • Bedroom 2 Dimensions: 14x12
  • Bedroom 3 Description: Carpet, Level 2, Private Full Bath, Smooth Ceiling, Walk-In Closet
  • Bedroom 3 Dimensions: 14x12
  • Bedroom 4 Description: Carpet, Level 2, Shared Bath, Smooth Ceiling, Walk-In Closet
  • Bedroom 4 Dimensions: 15x11
  • Bedrooms Down: 1.0
  • Breakfast Dimensions: 14x10
  • Den Great Room Dimensions: 0x0
  • Dining Room Dimensions: 0x0
  • Fireplace: Gas Logs, In Keeping/Hearth room, Vented Gas Fireplace
  • Floors/Ceilings: Part Carpet, Tile, Brick Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Vaulted/Coff/Tray Ceiling, Two Story Foyer
  • Heating: 3 or More Systems, Central, Gas
  • Interior Equipment: Self Cleaning Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Cable Available
  • Keeping Hearth Dimension: 21x16
  • Kitchen Dimensions: 20x14
  • Living Room Dimensions: 20x18
  • Living/Dining/Kitchen: Breakfast Bar, Eat-In Kitchen, Island In Kitchen, Keeping/Hearth Room, LR/DR Combination, Pantry, Separate Breakfast Room, Updated/Renovated Kitchen
  • Office Description: Level 1, Shared Bath, Smooth Ceiling, Tile Floor
  • Office Dimensions: 10x10
  • Other Rooms: Laundry Room, Play Room, Office/Sewing Room, Entry Hall
  • Play Bonus Room Dimension: 25x10
  • Total Baths: 5

Property History for 120 Founders Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 Founders Lane

Taxable ValueLand$45,375Additions$253,125Total$298,500
Tax Record2023$18,184 ($1,515 / month)
Home Facts
Beds4Baths5Total Finished SqFt5,786 SqFtAbove Grade Finished SqFt5,786 SqFtStories3Lot Size20,778 SqFtStylePlanned Unit DevelopmentYear Built2006ZoningR-RCountySHELBYAPN002-086- -A-00020-CFireplace TypeHas Fireplace

Schools near 120 Founders Lane

This home is within Shelby County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Downtown Elementary School
PublicPK to 5

B T Washington High School
Public6 to 12

Kansas Career And Technical Center
Public9 to 12

Memphis Health Careers Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

120 Founders Lane is a single family home for sale in Memphis, TN 38103. This property was listed for sale on October 9, 2024 by Progressive Realty Services, it's currently listed at $1,500,900. It has been on the market for a total of 117 days and was last sold on July 31, 2012. This listing's school districts are Shelby County Schools, Achievement School District. Nearby schools include Downtown Elementary School, B T Washington High School and Kansas Career And Technical Center. 120 Founders Lane is a 4-bed, 5.5-bath, single family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Progressive Realty Services