NOT LISTED FOR SALE

131 Water Tank Rd Butler, TN 37640

Estimated Value: $337,333 - $376,000

2 Beds
2 Baths
1,344 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $204,500 $152 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,983/month

6 Days on Market

Highlights

  • Waterfront
  • Mountain View
  • Outdoor Fireplace
  • Lake Privileges
  • Deck
  • Wrap Around Porch

About This Home

As of November 2020

Welcome to the mountains of Northeast Tennessee! Nestled between the Cherokee National Forest and the central waters of Lake Watauga discover our totally distinctive rustic two story cabin style home. Priced to sell the cabin offers many new updates and features 2BD, 2BA with an open kitchen concept, a warm & inviting keeping room with long range mountain views, and a lower level living area to be used as a personal home office/suite or for adding additional sleeping spaces for family & friends. Wrapped in tongue and groove warm wood interiors the property offers floor to ceiling built-ins, lower level breakfast or work bar style area, a spacious cedar closet and an upper story walk out to the wrap around deck & parking area. Landscaped by nature the cabin offers great outdoor spaces for entertaining and currently is in a successful rental program. Natural walking paths to the property's lake access make this home an unbelievable find. Located with easy access to state Hwy's 321 and 67 this affordable home offers a short commute to Boone NC and other area attractions and activities. Come and enjoy all four seasons at 131 Water Tank Road, Butler TN. Being offered at 195k this won't last long. Buyer/Buyer's agent to verify all information.

Last Agent to Sell the Property

Ann Cornett

Ace Realty License #300988 Listed on: 09/24/2020

Last Buyer's Agent

CHRISTIAN ARNOLD

Watkins Home Team License #351564

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,203

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • Waterfront
  • Sloped Lot
  • Property is in good condition

Home Design

  • Cabin
  • Wood Walls
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Ceiling Fan
  • 1 Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Pad
  • Gravel Driveway
  • Shared Driveway

Outdoor Features

  • Lake Privileges
  • Deck
  • Outdoor Fireplace
  • Wrap Around Porch

Schools

  • Little Milligan Elementary And Middle School
  • Hampton High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System
  • Spring water is a source of water for the property
  • Septic Tank

Community Details

  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 045m A 023.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,203

Year Built

Built in 1970 | Remodeled

Lot Details

0

Listing Details

  • Directions: From the intersection of Hwy 67 & Hwy 321 take Hwy 321 toward Boone NC. Approximately 2 miles turn left onto Moody Road. Continue past Milligan Boat Ramp turn off- approximately .5 mile to right onto Moody Circle. Immediate right onto Water Tank Road. Property is first home on left and is signed.
  • Prop. Type: Residential
  • Year Built: 1970
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cabin
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: RESIDENTIAL
  • General Property Description Elementary School3: Little Milligan
  • General Property Description Middle School2: Little Milligan
  • General Property Description High School3: Hampton
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: 190 X 168 D 180 S IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1344.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • General Property Description Parcel ID2: 045m A 023.00
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • View Mountain(s): Yes
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Sloped: Yes
  • Flooring Laminate: Yes
  • Roof Metal3: Yes
  • Walls Wood3: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Ceramic Tile: Yes
  • Water Spring: Yes
  • Levels:Two: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Bar, Built-in Features, Cedar Closet(s), Laminate Counters, Remodeled
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 6
  • General Property Description Baths - Full: 2
  • Appliances Dishwasher: Yes
  • InteriorFeatures:Remodeled: Yes
  • Interior Features:Laminate Counters: Yes
  • Interior Features:Built-in Features: Yes
  • Appliances:Electric Range: Yes
  • InteriorFeatures:Bar: Yes
  • InteriorFeatures:Cedar Closet(s): Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • View: Mountain(s)
  • Waterfront Features: Lake Privileges
  • Exterior Features: Outdoor Fireplace
  • Topography: Sloped
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Deck, Wrap Around
  • Exterior Finish Wood Siding: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Wrap Around: Yes
  • Exterior Features Outdoor Fireplace: Yes
  • Waterfront Features:Lake Privileges: Yes

Garage/Parking

  • Parking Features: Gravel, Parking Pad, Shared Driveway
  • Attached Garage: No
  • Parking Features:Gravel: Yes
  • Parking Features:Shared Driveway: Yes
  • Parking Features:Parking Pad: Yes

Utilities

  • Heating: Central
  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Spring, See Remarks
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Schools

  • Elementary School: Little Milligan
  • High School: Hampton
  • Middle Or Junior School: Little Milligan

Lot Info

  • Zoning: RESIDENTIAL
  • Lot Dimensions: 190 X 168 D 180 S IRR
  • Parcel #: 045m A 023.00

Tax Info

  • Tax Book Number: 264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Nov 10, 2020
Sold by
Reece Thomas Edgar and Reece Brenda Lowe
Bought by
Moose James S
Seller's Agent
Ann Cornett
Ace Realty
Buyer's Agent
CHRISTIAN ARNOLD
Watkins Home Team
List Price
$195,000
Sold Price
$204,500
Premium/Discount to List
$9,500
4.87%
Current Estimated Value
$353,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,833
Avg. Annual Appreciation
12.12%

Purchase Details

Closed on
Sep 20, 2016
Sold by
Estepp James D
Bought by
Lowe Reece Thomas Edgar and Lowe Reece Brenda

Purchase Details

Closed on
Jul 25, 1973
Bought by
Estep James D and Estep Hahn
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
Moose James S $204,500 Foundation Title & Escrow
Lowe Reece Thomas Edgar $15,000 --
Estep James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moose James S $194,967
Previous Owner Estepp James D $170,000
Previous Owner Estepp James D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2020 11/10/20 Sold $204,500 +4.9% $152 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
09/24/2020 09/24/20 For Sale $195,000 -- $145 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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
2024 $1,203 $55,200 $33,775 $21,425
2023 $1,203 $55,200 $0 $0
2022 $1,121 $55,200 $33,775 $21,425
2021 $1,121 $55,200 $33,775 $21,425
2020 $475 $55,200 $33,775 $21,425
2019 $475 $19,225 $7,200 $12,025
2018 $475 $19,225 $7,200 $12,025
2017 $258 $10,425 $7,200 $3,225
2016 $255 $10,425 $7,200 $3,225
2015 $575 $23,475 $7,200 $16,275
2014 $576 $23,500 $7,225 $16,275
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Ann Cornett

    Ace Realty

    (803) 287-4619

    202 Total Sales

    Ann Cornett
    Section Image

  • C

    Buyer's Agent in 2020

    CHRISTIAN ARNOLD

    Watkins Home Team

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9913484

Tennessee/Virginia Regional MLS

APN: 045M-A-023.00

Tennessee Carter County Butler 37640

131 Water Tank Rd, Butler, TN

This home is located at 131 Water Tank Rd, Butler, TN 37640 since 24 September 2020 and is currently estimated at $353,333, approximately $262 per square foot. This property was built in 1970. 131 Water Tank Rd is a home located in Carter County.

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