M
Seller's Agent in 2020
MICHAEL PAYNE
Century 21 Legacy
240 Canaan Rd Butler, TN 37640
Estimated Value: $397,475 - $453,000
2
Beds
2
Baths
1,428
Sq Ft
$299/Sq Ft
Est. Value
Highlights
- Waterfront
- Lake Privileges
- A-Frame Home
- Open Floorplan
- Creek or Stream View
- Deck
About This Home
As of January 2020A rare find Cabin for sale near Watauga Lake at this price! This home is a perfect place to live long term or for a vacation property. It is easy to imagine preparing for a day on the lake in this cabin. One could pour a cup of coffee into a nice mug that is resting on the granite counter tops and take it out to the screen in porch to enjoy while the birds are singing. After that hook up the boat and within minuets be fishing or cruising enjoying the beautiful mountain views around the lake. This 2 bed 2 bath cabin is a must see.
Last Agent to Sell the Property
MICHAEL PAYNE
Century 21 Legacy License #347064 Listed on: 05/08/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,281
Year Built
- Built in 2007 | Remodeled
Lot Details
- 0.88 Acre Lot
- Waterfront
- Landscaped
- Sloped Lot
- Property is in good condition
HOA Fees
- $8 Monthly HOA Fees
Home Design
- A-Frame Home
- Cottage
- Cabin
- Wood Walls
- Shingle Roof
- Wood Siding
- Log Siding
Interior Spaces
- 1,428 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Ceiling Fan
- Wood Burning Stove
- Living Room with Fireplace
- Screened Porch
- Creek or Stream Views
- Crawl Space
- Home Security System
- Washer and Gas Dryer Hookup
Kitchen
- Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Parking
- Detached Garage
- 2 Carport Spaces
- Garage Door Opener
Outdoor Features
- Lake Privileges
- Deck
Schools
- Little Milligan Elementary School
- Johnson Co Middle School
- Johnson Co High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Wood
- Heat Pump System
- Private Water Source
- Satellite Dish
Community Details
- Hidden Valley Retreat Subdivision
Listing and Financial Details
- Assessor Parcel Number 053C A 003.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2019
Closed on
Jan 6, 2020
Sold by
Willhite James A and Willhite Jackie M
Bought by
Sotherden John David and Sotherden Tami M
Seller's Agent
MICHAEL PAYNE
Century 21 Legacy
Buyer's Agent
COREY MCPHERSON
KW Johnson City
List Price
$249,500
Sold Price
$243,000
Premium/Discount to List
-$6,500
-2.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,090
Avg. Annual Appreciation
10.58%
Original Mortgage
$194,400
Interest Rate
3.6%
Mortgage Type
VA
Purchase Details
Listed on
Oct 19, 2017
Closed on
Mar 26, 2018
Sold by
Oliver John and Oliver Katherine
Bought by
Willhite James A and Willhite Jackie M
Seller's Agent
MARGO REDDEN
Misty Oaks Real Estate
Buyer's Agent
Penny Woodson
Realty Sales and Rentals, LLC
List Price
$184,900
Sold Price
$163,500
Premium/Discount to List
-$21,400
-11.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.93%
Purchase Details
Closed on
May 9, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Oliver John and Whipple Katherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,525
Interest Rate
4.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 4, 2011
Sold by
Nelson Thomas E
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Feb 16, 2006
Sold by
Mahan Douglas James
Bought by
Nelson Thomas E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.04%
Purchase Details
Closed on
Oct 13, 2003
Sold by
Sluder Robert
Bought by
Mahan Douglas J
Purchase Details
Closed on
Aug 11, 1992
Bought by
Rachall Leslie Troy and Kathy Rachall
Purchase Details
Closed on
May 22, 1992
Bought by
Bank Security Federal Savings
Purchase Details
Closed on
Aug 4, 1986
Bought by
Weidleman Richard H and Weidleman Myrnam
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sotherden John David | $243,000 | None Available | |
| Willhite James A | $163,500 | None Available | |
| Oliver John | $86,500 | -- | |
| Federal Home Loan Mortgage Corporation | $153,000 | -- | |
| Nelson Thomas E | $16,000 | -- | |
| Mahan Douglas J | $12,500 | -- | |
| Rachall Leslie Troy | $39,000 | -- | |
| Bank Security Federal Savings | -- | -- | |
| Weidleman Richard H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sotherden John David | $193,241 | |
| Closed | Sotherden John David | $194,400 | |
| Previous Owner | Oliver John | $15,000 | |
| Previous Owner | Oliver John | $73,525 | |
| Previous Owner | Nelson Thomas E | $185,000 | |
| Previous Owner | Weidleman Richard H | $142,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/06/2020 01/06/20 | Sold | $243,000 | -2.6% | $170 / Sq Ft |
| 11/10/2019 11/10/19 | Pending | -- | -- | -- |
| 05/08/2019 05/08/19 | For Sale | $249,500 | +52.6% | $175 / Sq Ft |
| 03/26/2018 03/26/18 | Sold | $163,500 | -11.6% | $114 / Sq Ft |
| 02/24/2018 02/24/18 | Pending | -- | -- | -- |
| 10/19/2017 10/19/17 | For Sale | $184,900 | -- | $129 / Sq Ft |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
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 | $1,281 | $58,775 | $9,600 | $49,175 |
| 2023 | $1,281 | $58,775 | $0 | $0 |
| 2022 | $1,193 | $58,775 | $9,600 | $49,175 |
| 2021 | $1,193 | $58,775 | $9,600 | $49,175 |
| 2020 | $1,203 | $58,775 | $9,600 | $49,175 |
| 2019 | $1,203 | $48,700 | $4,200 | $44,500 |
| 2018 | $1,170 | $48,700 | $4,200 | $44,500 |
| 2017 | $1,011 | $40,925 | $4,200 | $36,725 |
| 2016 | $1,003 | $40,925 | $4,200 | $36,725 |
| 2015 | $1,003 | $40,925 | $4,200 | $36,725 |
| 2014 | $1,005 | $41,025 | $4,200 | $36,825 |
Source: Public Records
Agents Affiliated with this Home
-
-
C
Buyer's Agent in 2020
COREY MCPHERSON
KW Johnson City
(423) 794-0429
149 Total Sales
-
M
Seller's Agent in 2018
MARGO REDDEN
Misty Oaks Real Estate
-
P
Buyer's Agent in 2018
Penny Woodson
Realty Sales and Rentals, LLC
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 421337
APN: 053C-A-003.00
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