NOT LISTED FOR SALE

232 Lakeside Dr Butler, TN 37640

Estimated Value: $769,000 - $922,000

3 Beds
3 Baths
2,616 Sq Ft
$316/Sq Ft Est. Value

Sale Details

Date Sold: September 18, 2020

Last sale price $500,000 $191 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,775 / mo

120 Days on Market

Highlights

  • Boathouse
  • Waterfront
  • Lake Privileges
  • Docks
  • Open Floorplan
  • Mountain View

About This Home

As of September 2020

Perched on a hilltop, tucked away in the forested mountains of Northeast TN, behind secure community gates, and a two-minute walk from the clearest, cleanest lake in Tennessee is where you will find this perfect luxury retreat! Built by one of the area's most renowned builders, this immaculate 3 bedroom, 3 bath home with two stone fireplaces (one inside, and one outside), is the most comfortable cabin you will ever walk into. From the solid pine floors accentuating the open floor plan to the steam/sauna shower adjoining the main level master, relaxing will require no effort at all. With the Cherokee National Forest as your backyard, and a Watauga Lake dock and boat slip with lift in a quiet cove as your extended front yard, you will be hard pressed to run out of places to wander and explore at your leisure. The kitchen features exactly what you would expect, granite counters and stainless steel appliances, and downstairs you will find a heavy duty ice maker; meeting every need is the goal that's been met with this property. Located less than 50 minutes from the golf courses and ski slopes of Blowing Rock, Beech and Sugar Mountains in Western NC, and 45 minutes from the shopping and restaurants of the Tri -Cities in Northeast TN, you are just far enough away from it all to be able to see the stars every night. Come and see for yourself!

Last Agent to Sell the Property

FRANK LAVENDER

Coldwell Banker Security Real Estate License #776506073 Listed on: 04/03/2020

Coldwell Banker Security Real Estate

Last Buyer's Agent

Linda Whitehead

REMAX Checkmate, Inc. Realtors License #220748

REMAX Checkmate, Inc. Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 16,553 Sq Ft Lot
  • Waterfront
  • Wooded Lot
  • Property is in good condition

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Gravel Driveway

Home Design

  • Cabin
  • Slab Foundation
  • Log Walls
  • Wood Walls
  • Shingle Roof
  • Log Siding

Interior Spaces

  • 2,616 Sq Ft Home
  • Open Floorplan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Loft
  • Mountain Views

Kitchen

  • Built-In Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Boathouse
  • Docks
  • Lake Privileges
  • Balcony
  • Deck
  • Gazebo
  • Wrap Around Porch

Schools

  • Little Milligan Elementary School
  • Hampton Middle School
  • Hampton High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 044d A 002.00

Community Details

Overview

  • Watauga Falls Subdivision
  • FHA/VA Approved Complex

Amenities

  • Sauna

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0.38 Acres

HOA Fees

$150 per month

Listing Details

  • Directions: From Butler take Piercetown Rd, turn right just past Loan Myers Rd onto Watauga Falls Drive, turn left into Watauga Falls gated community, right on Lakeside Dr, property is last one at the end (top) of the drive; look for signs.
  • Prop. Type: Residential
  • Year Built: 2008
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Reso Association Amenities: Sauna
  • Subdivision Name: Watauga Falls
  • Architectural Style: Cabin
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.38
  • General Property Description Zoning2: RES
  • General Property Description Elementary School3: Little Milligan
  • General Property Description Middle School2: Hampton
  • General Property Description High School3: Hampton
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 16553 sq ft IRR
  • General Property Description Home Warranty: Yes
  • General Property Description Total SqFt Finished: 2616.0
  • General Property Description Above Grade SqFt: 2616.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 044d A 002.00
  • General Property Description # Fireplaces: 2
  • Roof Shingle: Yes
  • Financing FHA: Yes
  • Other Equipment Satellite Dish: Yes
  • View Mountain(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Connected: Yes
  • General Property Description HOA Fee: 150.0
  • Walls Wood3: Yes
  • Foundation Slab: Yes
  • Flooring Ceramic Tile: Yes
  • Walls Log4: Yes
  • TopographyLot Description Wooded: Yes
  • Other Structures Gazebo: Yes
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Security Features:Security System2: Yes
  • Special Features: None

Interior Features

  • Other Equipment: Satellite Dish
  • Appliances: Built-In Electric Oven, Dishwasher, Electric Range, Microwave, Refrigerator
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Granite Counters, Open Floorplan, Walk-In Closet(s)
  • Window Features: Insulated Windows, Window Treatments
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log, Stone
  • Fireplaces: 2
  • General Property Description Baths - Full: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Other Rooms:Loft: Yes
  • Fireplace:Stone2: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • Other Structures: Gazebo
  • View: Mountain(s)
  • Waterfront Features: Lake Privileges
  • Exterior Features: Boat House, Balcony, Dock
  • Acres: 0.38
  • Topography: Wooded
  • Waterfront: Yes
  • Home Warranty: Yes
  • Construction Type: Log
  • Foundation Details: Slab
  • Patio And Porch Features: Deck, Wrap Around
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Deck: Yes
  • Window Features:Window Treatments: Yes
  • Exterior Finish Log2: Yes
  • PorchPatioDeck Wrap Around: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features Boathouse: Yes
  • Waterfront Features:Lake Privileges: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Central, Fireplace(s)
  • Sewer: Septic Tank
  • Utilities: Cable Connected
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association: Yes

Association/Amenities

  • CommonClubAmenities:Sauna: Yes

Schools

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

Lot Info

  • Zoning: RES
  • Lot Dimensions: 16553 sq ft IRR
  • Lot Size Sq Ft: 16552.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 044d A 002.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
Sep 18, 2020
Sold by
Bright Dale and Bright Connie
Bought by
Wareham Mark D and Wareham Barbara G
Seller's Agent
FRANK LAVENDER
Coldwell Banker Security Real Estate
Buyer's Agent
Linda Whitehead
REMAX Checkmate, Inc. Realtors
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$825,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,418
Avg. Annual Appreciation
9.28%
Original Mortgage
$450,000
Outstanding Balance
$394,916
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$430,502

Purchase Details

Closed on
Feb 21, 2008
Sold by
Watauga Falls Llc
Bought by
Bright Dale

Purchase Details

Closed on
Apr 25, 2006
Bought by
Watauga Falls Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wareham Mark D $500,000 None Listed On Document
Wareham Mark D $500,000 None Available
Bright Dale $487,500 --
Watauga Falls Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wareham Mark D $450,000
Closed Wareham Mark D $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $500,000 -4.8% $191 / Sq Ft
08/02/2020 08/02/20 Pending -- -- --
04/03/2020 04/03/20 For Sale $525,000 -- $201 / Sq Ft
Source: Tennessee/Virginia Regional MLS

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 $2,622 $120,275 $32,850 $87,425
2024 $2,622 $120,275 $32,850 $87,425
2023 $2,622 $120,275 $0 $0
2022 $2,442 $120,275 $32,850 $87,425
2021 $2,442 $120,275 $32,850 $87,425
2020 $3,083 $120,275 $32,850 $87,425
2019 $3,083 $124,825 $41,075 $83,750
2018 $3,083 $124,825 $41,075 $83,750
2017 $3,083 $124,825 $41,075 $83,750
2016 $3,058 $124,825 $41,075 $83,750
2015 $3,058 $124,825 $41,075 $83,750
2014 $3,038 $124,000 $41,075 $82,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9906648

Tennessee/Virginia Regional MLS

APN: 044D-A-002.00

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