NOT LISTED FOR SALE

2247 Otterburn Ln Germantown, TN 38139

Estimated Value: $719,000 - $942,000

4 Beds
5 Baths
5,500-5,999 Sq Ft
$142/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $675,000 $113 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,222/month

Highlights

  • 24-Hour Security
  • Waterfront
  • Community Lake
  • Dogwood Elementary School Rated A
  • Landscaped Professionally
  • Clubhouse

About This Home

As of April 2021

On The Water in Gated Glenalden! Breath taking views from the Great Room, MBR & Game Room!. Spacious 4BRS (MBR DN)/ 3 Full Baths, 3 Half Baths. Study Down. Massive DR. Island Kitchen Has Dbl Ovens, Cooktop, M/W. HUGE Walk In Pantry W/ Hidden Storage/Storm Closet. 2 Wet Bars. 9 Ft Ceilings DN. Hardwood & Tile Floors. 2nd Story Sun Porch (12x22) and Balcony! Walk In Closets. Walk Up Attic. Dock Overlooking Lake. New Windows. 4 HVAC Units All Have Been Replaced.

Last Agent to Sell the Property

Allyson Avera

Crye-Leike, Inc., REALTORS License #244947 Listed on: 03/20/2021

Crye-Leike, Inc., REALTORS

Last Buyer's Agent

Jennifer Stachowski

Keller Williams Realty License #357894

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,044

Year Built

  • Built in 1985

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 95x150
  • Waterfront
  • Landscaped Professionally
  • Level Lot
  • Few Trees

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Shingle Roof

Interior Spaces

  • 5,500-5,999 Sq Ft Home
  • 5,512 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Breakfast Room
  • Dining Room
  • Den with Fireplace
  • Library
  • Play Room
  • Sun or Florida Room
  • Screened Porch
  • Permanent Attic Stairs

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Monitored
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener

Outdoor Features

  • Cove
  • Deck
  • Patio

Utilities

  • Multiple cooling system units
  • Central Air
  • Multiple Heating Units
  • Heating System Uses Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number G0231U B00123

Community Details

Overview

  • Glenalden Pud Final Plan Subdivision
  • Mandatory home owners association
  • Community Lake
  • Planned Unit Development

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Additional Features

  • Clubhouse
  • 24-Hour Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,044

Year Built

Built in 1985

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • Cross Street: Glenalden
  • MLS Map #: 862D
  • MAAR Subdivision Name: GLENALDEN
  • List Price Per Sq Ft: 118
  • Number Of Stories: 2
  • Price Per Sq Ft: 122.46
  • Prop Construction Status: Existing Property
  • Planned Unit Development: Yes
  • Estimated Sq Ft: 5512
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • First Story Floor Plan: Dining Room, Den/Great Room, Kitchen, Master Bedroom, 1 1/2 Bath, Laundry Room, Breakfast Room, Office
  • Second Story Floor Plan: 2nd Bedroom, 3rd Bedroom, 4th or More Bedrooms, 2 or More Baths, Play Room/Rec Room
  • Additional Bedroom Bathroom Info: 1 or More BR Down, Master Down, Luxury Master Bath, Double Vanity Bath, Whirlpool(s), Separate Tub & Shower, Full Bath Down, Half Bath Down
  • Estimated Heated Sq Ft Range: 5500 - 5999
  • Bedroom 2 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 3 Description: Level 2, Walk-In Closet, Shared Bath, Carpet
  • Bedroom 4 Description: Level 2, Shared Bath, Carpet
  • Bedrooms: 4
  • Bedrooms Down: 1
  • Fireplace: In Den/Great Room
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile, 9 or more Ft. Ceiling
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Equipment: Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Cable Available
  • Living Dining Kitchen: Separate Dining Room, Great Room, Eat-In Kitchen, Breakfast Bar, Separate Breakfast Room, Pantry, Island In Kitchen
  • Primary Bathroom Description: Double Sinks, Whirlpool Tub, Separate Shower, Tile Floor
  • Master Bedroom: Level 1, Full Bath, Smooth Ceiling, Carpet
  • Master Bedroom Dimensions: 19x17
  • Misc Interior: Wet Bar, Walk-In Closet(s), Permanent Attic Stairs, Cat/Dog Free House
  • Number Of Fireplaces: 1
  • Other Rooms: Laundry Room, Library/Study, Sun Room, Play Room, Entry Hall
  • Total Bathrooms: 3.2

Exterior Features

  • Misc Exterior: Screen Porch, Patio, Covered Patio, Deck, Nbrhd Recreation Facility, Guarded Gate
  • Exterior Windows: Brick Veneer, Double Pane Window(s)
  • Foundation: Slab
  • Pool Description: Neighborhood
  • Roof: Composition Shingles

Garage/Parking

  • Attached Detached Parking: Attached
  • Number Covered Parking Spaces: 2
  • Parking Display: 2A
  • Parking Storage: Workshop(s), Garage Door Opener(s), Side-Load Garage

Utilities

  • Cooling: Central, 3 or More Systems
  • Heating: Gas, 3 or More Systems
  • Security: Monitored Alarm System, Smoke Detector(s), Full Time Guard Service, Nbrhd Guard Service, Dead Bolt Lock(s)
  • Water Sewer: Public Water, Public Sewer

Association/Amenities

  • Annual Association Fee: 1740
  • Neighborhood Amenities: Club House, Lake, Gated Neighborhood, Pool, Tennis Court, Recreation Facilities
  • Neighborhood Association: Mandatory

Lot Info

  • Lot Description: Some Trees, Level, Water Frontage, Cove, Professionally Landscaped
  • Lot Number: 7
  • Acreage: 0.38
  • Lot Size: 95X150
  • Price Per Acre: 1710526

Multi Family

  • Number Of Rooms: 11

Tax Info

  • Assessor Parcel Number: G0231U B00123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Apr 27, 2021
Sold by
Lee Kyung Ja and Kim Elizabeth
Bought by
Alexander William and Alexander Angela
Seller's Agent
Allyson Avera
Crye-Leike, Inc., REALTORS
Buyer's Agent
Jennifer Stachowski
Keller Williams Realty
List Price
$650,000
Sold Price
$675,000
Premium/Discount to List
$25,000
3.85%
Current Estimated Value
$849,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,389
Avg. Annual Appreciation
5.28%
Original Mortgage
$375,000
Outstanding Balance
$339,312
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$510,077

Purchase Details

Closed on
Dec 29, 2020
Sold by
Lee Kyung Ja and Kim Elizabeth
Bought by
Lee Kyung Ja and Lee Michael

Purchase Details

Closed on
May 25, 2001
Sold by
Harris Thomas K and Harris Deborah S
Bought by
Lee Jea Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.11%

Purchase Details

Closed on
May 29, 1998
Sold by
Wilson Robert J and Wilson Nelda D
Bought by
Harris Thomas K and Harris Deborah S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Alexander William $675,000 Tri State Title Llc
Lee Kyung Ja -- Accommodation
Lee Jea Y $485,000 --
Harris Thomas K $422,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander William $375,000
Previous Owner Lee Jea Y $275,000
Previous Owner Harris Thomas K $422,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $675,000 +3.8% $123 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/20/2021 03/20/21 For Sale $650,000 -- $118 / Sq Ft
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 $7,044 $210,425 $30,225 $180,200
2024 $7,044 $207,775 $30,225 $177,550
2023 $10,863 $207,775 $30,225 $177,550
2022 $10,520 $207,775 $30,225 $177,550
2021 $10,804 $207,775 $30,225 $177,550
2020 $10,425 $173,750 $30,225 $143,525
2019 $7,037 $173,750 $30,225 $143,525
2018 $7,037 $173,750 $30,225 $143,525
2017 $10,564 $173,750 $30,225 $143,525
2016 $6,760 $154,700 $0 $0
2014 $6,760 $154,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Allyson Avera

    Seller's Agent in 2021

    Allyson Avera

    Crye-Leike

    (901) 484-6194

    31 in this area

    162 Total Sales

    Allyson Avera
    Section Image

  • J

    Buyer's Agent in 2021

    Jennifer Stachowski

    Keller Williams Realty

    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10095525

Memphis Area Association of REALTORS®

APN: G0-231U-B0-0123

Tennessee Shelby County Germantown 38139

2247 Otterburn Ln, Germantown, TN

This home is located at 2247 Otterburn Ln, Germantown, TN 38139 since 20 March 2021 and is currently estimated at $849,389, approximately $141 per square foot. This property was built in 1985. 2247 Otterburn Ln is a home located in Shelby County with nearby schools including Dogwood Elementary School, Houston Middle School, and Houston High School.

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