$825,000
SOLD AUG 8, 2025

2540 Watson Rd Loudon, TN 37774

2 Beds
1 Bath
1,393 Sq Ft
67.87 Acres

Recently Sold

$592 Per Sq Ft

37% Below List Price

155 Days on Market

Highlights

  • Barn
  • Mountain View
  • No HOA
  • 67.87 Acre Lot
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of August 2025

Endless Opportunities Await on 67.87 Acres in Loudon County, TN!

This incredible property offers a unique blend of income potential and breathtaking natural beauty. Nestled on nearly 68 acres of fertile land currently harvested for various crops, you'll find a charming small home, perfect as a rental or guest house. The property also features an additional septic system and pad where a camper once sat, providing even more flexibility for future use.

A large barn, ideal for storage or agricultural needs, sits alongside a smaller storage shed and a classic silo, adding character to the land. Enjoy stunning mountain views from multiple vantage points, with road frontage access from both the front and back of the property, making it easily accessible and versatile for development or continued farming.

Located in beautiful Loudon County, you're just under an hour from Knoxville and other nearby cities, offering the perfect balance of rural tranquility and urban convenience. Whether you're looking to expand your farming operation, invest in rental opportunities, or build your dream home with unbeatable views, this property has it all!

Last Agent to Sell the Property

Crissie Bennett

Weichert Realtors - The Space Place License #335141 Listed on: 02/01/2025

Weichert Realtors - The Space Place

Last Buyer's Agent

David Wallace

Little River Realty License #321261

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,010

Year Built

  • Built in 1960

Lot Details

  • 67.87 Acre Lot
  • Irregular Lot
  • Lot Has A Rolling Slope

Parking

  • 1 Car Garage

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 1,393 Sq Ft Home
  • Wood Burning Fireplace
  • Brick Fireplace
  • Combination Kitchen and Dining Room
  • Storage
  • Washer and Dryer Hookup
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 057 128.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,010

Year Built

Built in 1960

Lot Details

67.87 Acres

Parking

1

Listing Details

  • Directions: From i75, Take TN-323 E/Pond Creek Rd to Fork Creek Rd in Philadelphia 3 min (2.3 mi) Follow Fork Creek Rd to Steekee Rd 6 min (4.2 mi) Turn left onto Steekee Rd 1 min (0.8 mi) Follow Watkins Rd E to Watson Rd 3 min (1.5 mi) 2540 Watson Rd Loudon, TN 37774
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1960
  • Lot Size Acres: 67.87
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • Lot Description:Irregular Lot: Yes
  • Contract Info:List PriceSqFt2: 933.23
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1393.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Siding:Brick2: Yes
  • Outbuildings:Detached Workshop: Yes
  • Outbuildings:Barn: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Range, Refrigerator
  • Basement YN: No
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces: 1
  • Flooring: Laminate
  • Interior Amenities: Eat-in Kitchen
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Fireplace:Wood Burning: Yes
  • Fireplace:Brick3: Yes

Exterior Features

  • View: Mountain View, Country Setting
  • Lot Features: Irregular Lot, Rolling Slope
  • Construction Type: Brick, Frame
  • Other Structures: Barn(s), Workshop
  • Patio And Porch Features: Porch - Covered
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Brick5: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Garage Spaces: 1.0

Utilities

  • Cooling: Central Cooling
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 2956417.2
  • Parcel #: 057 128.00

Tax Info

  • Tax Annual Amount: 1009.67

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2025
Sold by
William F Buster Irrevocable Trust and Higdon Patricia Johanna
Bought by
2Acreage Llc
Current Estimated Value
$789,522

Purchase Details

Listed on
Feb 1, 2025
Closed on
Aug 8, 2025
Sold by
Ritchey Walter R and Ritchey Judy A
Bought by
William F Buster Irrevocable Trust and Higdon
Seller's Agent
Crissie Bennett
Weichert Realtors - The Space Place
Buyer's Agent
David Wallace
Little River Realty
List Price
$1,300,000
Sold Price
$825,000
Premium/Discount to List
-$475,000
-36.54%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.11%

Purchase Details

Closed on
May 24, 2013
Sold by
Miller Donnie E
Bought by
Hall Zachari Eugene and Hall Brittany Lambert

Purchase Details

Closed on
Feb 27, 2013
Sold by
Lambert J C
Bought by
Ritchey Walter R and Ritchey Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 29, 2007
Sold by
Halcomb Lambert
Bought by
Ruth Lambert

Purchase Details

Closed on
Nov 1, 2006
Sold by
Smallen Joyce R
Bought by
Russell Virgil A

Purchase Details

Closed on
Jul 7, 2006
Sold by
Amburn Lindsay B
Bought by
Smallen Joyce R

Purchase Details

Closed on
Aug 12, 2005
Sold by
Donnie Miller
Bought by
Amburn Lindsay B

Purchase Details

Closed on
May 3, 2005
Sold by
Lambert J C
Bought by
Donnie Miller

Purchase Details

Closed on
Jul 23, 1999
Sold by
Lambert J C
Bought by
Gene Bridges

Purchase Details

Closed on
Jun 7, 1994
Sold by
Lambert J C
Bought by
William Lambert
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Reliance Title
Warranty Deed $825,000 Reliance Title
Warranty Deed $15,000 --
Warranty Deed $280,000 --
Deed -- --
Deed $30,000 --
Deed $3,000 --
Deed $10,000 --
Deed $12,000 --
Deed $70,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $210,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $825,000 -36.5% $592 / Sq Ft
07/06/2025 07/06/25 Pending -- -- --
02/01/2025 02/01/25 For Sale $1,300,000 -- $933 / Sq Ft
Source: East Tennessee REALTORS® 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 $1,176 $66,500 $33,600 $32,900
2024 $1,010 $66,500 $33,600 $32,900
2023 $1,010 $66,500 $0 $0
2022 $1,010 $66,500 $33,600 $32,900
2021 $1,010 $66,500 $33,600 $32,900
2020 $1,023 $66,500 $33,600 $32,900
2019 $1,023 $56,725 $32,125 $24,600
2018 $1,023 $56,725 $32,125 $24,600
2017 $1,023 $56,725 $32,125 $24,600
2016 $898 $48,300 $26,275 $22,025
2015 $898 $48,300 $26,275 $22,025
2014 $898 $48,300 $26,275 $22,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1288622

East Tennessee REALTORS® MLS

APN: 057-128.00

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