2242 Otterburn Ln Germantown, TN 38139
Estimated payment $5,283/month
Highlights
- Water Views
- Docks
- Boat Slip
- Dogwood Elementary School Rated A
- Water Access
- In Ground Pool
About This Home
Rare 3-story luxury lakefront home in a gated community with 5 bedrooms + bonus, 4.5 baths, and stunning lake views. Features include an updated kitchen with custom cabinetry, remodeled oversized mudroom, and a second-floor laundry room. Recently upgraded hardwood and tile flooring throughout the main level. Enjoy two staircases to the second floor and one to the third. Relax in the heated oversized gunite pool or on the multi-tiered dock with pontoon boat. Beautiful built-ins surround one of 3 fireplaces in the spacious den. Bonus room offers a balcony overlooking the pool. Beautifully landscaped grounds, tons of closet space, and direct lake access complete this exceptional property.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,327
Year Built
- Built in 1985
Lot Details
- 0.38 Acre Lot
- Lot Dimensions are 155x150
- Wrought Iron Fence
- Wood Fence
- Landscaped Professionally
HOA Fees
- $350 Monthly HOA Fees
Home Design
- Traditional Architecture
Interior Spaces
- 4,800-4,999 Sq Ft Home
- 4,807 Sq Ft Home
- 2.5-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Mud Room
- Two Story Entrance Foyer
- Great Room
- Living Room with Fireplace
- 3 Fireplaces
- Dining Room
- Bonus Room
- Play Room
- Water Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Double Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Partially Carpeted
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Vanity Sinks in Primary Bathroom
- Whirlpool Bathtub
- Bathtub With Separate Shower Stall
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Fire and Smoke Detector
- Termite Clearance
Parking
- 2 Car Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
Pool
- In Ground Pool
- Pool Equipment or Cover
Outdoor Features
- Water Access
- Boat Slip
- Docks
- Deck
- Covered Patio or Porch
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- 220 Volts
Listing and Financial Details
- Assessor Parcel Number G0231U B00133
Community Details
Overview
- Glenalden Pud Subdivision
- Mandatory home owners association
Recreation
- Tennis Courts
- Community Pool
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,327 | $205,275 | $30,250 | $175,025 |
| 2024 | $5,327 | $157,150 | $30,250 | $126,900 |
| 2023 | $8,216 | $157,150 | $30,250 | $126,900 |
| 2022 | $7,957 | $157,150 | $30,250 | $126,900 |
| 2021 | $8,172 | $157,150 | $30,250 | $126,900 |
| 2020 | $8,270 | $137,825 | $30,250 | $107,575 |
| 2019 | $5,582 | $137,825 | $30,250 | $107,575 |
| 2018 | $5,582 | $137,825 | $30,250 | $107,575 |
| 2017 | $7,805 | $128,375 | $30,250 | $98,125 |
| 2016 | $4,930 | $112,825 | $0 | $0 |
| 2014 | $4,930 | $112,825 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/02/2025 08/02/25 | Pending | -- | -- | -- |
| 07/18/2025 07/18/25 | For Sale | $850,000 | -- | $177 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Amrock | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Multiple | |
| Warranty Deed | $460,000 | Tam Title & Escrow Llc | |
| Warranty Deed | $485,000 | None Available | |
| Warranty Deed | $270,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $156,970 | No Value Available | |
| Previous Owner | $368,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $335,000 | New Conventional | |
| Previous Owner | $278,261 | Unknown | |
| Previous Owner | $298,500 | Unknown | |
| Previous Owner | $275,000 | Balloon | |
| Previous Owner | $207,000 | No Value Available |
Source: Memphis Area Association of REALTORS®
MLS Number: 10201598
APN: G0-231U-B0-0133
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