2540 Watson Rd Loudon, TN 37774
2
Beds
1
Bath
1,393
Sq Ft
67.87
Acres
Highlights
- Barn
- Mountain View
- No HOA
- 67.87 Acre Lot
- Traditional Architecture
- Covered patio or porch
About This Home
As of August 2025Endless 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
Weichert Realtors - The Space Place License #335141 Listed on: 02/01/2025
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
- Zoned Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 057 128.00
Ownership History
Date
Name
Owned For
Owner Type
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.66%
Purchase Details
Closed on
May 3, 2005
Sold by
Lambert J C
Bought by
Donnie Miller
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
5.66%
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
Similar Homes in Loudon, TN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 |
|---|---|---|---|
| Open | $706,732 | New Conventional | |
| Previous Owner | $210,000 | Commercial | |
| Previous Owner | $30,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 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 |
|---|---|---|---|---|
| 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
-
C
Seller's Agent in 2025
Crissie Bennett
Weichert Realtors - The Space Place
(423) 745-2634
71 Total Sales
-
Buyer's Agent in 2025
David Wallace
Little River Realty
(865) 951-4146
43 Total Sales
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1288622
APN: 057-128.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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