NOT LISTED FOR SALE

2222 Otterburn Ln Germantown, TN 38139

Estimated Value: $217,605

0.29 Acre
$750,362 Price per Acre
12,632 Sq Ft Lot

Last Sold October 12, 2022

Last sale price $200,000

Est. 9% increase in value since last sale

Current estimated payment $1,260/month

About This Lot

As of October 2022

Back on the Market!!! Contract Failed. Buyers' very specific home design was not compatible with the lot. Very Rare Lake Front Lot in Guard-Gated Glenalden! Build your dream home here. Lot is .29 acre. 58 x 129/125 with approximately 147’ lake frontage! 2 Neighborhood pools, pool house, lighted tennis courts, multi-purpose courts, walking trail. Covenants/Restrictions attached in MLS.

Last Agent to Sell the Property

Hugh Mallory

Marx-Bensdorf, REALTORS License #347903 Listed on: 06/14/2022

Last Buyer's Agent

Wendy Provence

Keller Williams Realty License #351144

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,268

Lot Details

  • 0.29 Acre Lot
  • Waterfront
  • Natural Drainage

Community Details

  • Glenalden Pud Subdivision
  • Planned Unit Development

Property Details

Property Type

Land

Est. Annual Taxes

$1,268

Lot Details

0

Listing Details

  • Class: Land
  • Type: Land
  • Location: Subdivision
  • MLS Map #: 862D
  • MAAR Subdivision Name: Glenalden PUD
  • Price Per Sq Ft: 689655.17
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Paved

Utilities

  • Utilities: Electricity, Natural Gas, Public Sewer, Public Water

Association/Amenities

  • Amenities: Waterfront

Lot Info

  • Acreage: 0.29
  • Lot Size: 12,369 sq ft
  • Price Per Acre: 772414
  • Zoning: Reside
  • Lots Available: 1 Only
  • Present Usage: None/Vacant
  • Shape: Irregular
  • Topographic Feature: Natural Drainage
  • Zoning Of Adjacent Area: Single Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Oct 12, 2022
Sold by
Memphis T Investment Properties Llc
Bought by
Hutchins Eric B and Hutchins Betsy H
Seller's Agent
Hugh Mallory
Marx-Bensdorf, REALTORS
Buyer's Agent
Wendy Provence
Keller Williams Realty
List Price
$239,000
Sold Price
$200,000
Premium/Discount to List
-$39,000
-16.32%
Views
12
Current Estimated Value
$217,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,605
Avg. Annual Appreciation
2.83%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hutchins Eric B $200,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $200,000 -10.7% --
09/27/2022 09/27/22 Pending -- -- --
09/21/2022 09/21/22 Price Changed $224,000 -2.2% --
07/05/2022 07/05/22 Price Changed $229,000 -4.2% --
06/14/2022 06/14/22 For Sale $239,000 -- --
Source: Memphis Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,268 $24,250 $24,250 --
2024 $1,268 $24,250 $24,250 --
2023 $1,268 $24,250 $24,250 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10126327

Memphis Area Association of REALTORS®

APN: G0-231U-B0-0135