$424,000

261 Rainbolt St Butler, TN 37640

Estimated payment $2,455/month

Total Views 1,676
3 Beds
3 Baths
3,000 Sq Ft
$141 Price per Sq Ft

Highlights

  • Hot Property
  • RV Access or Parking
  • Main Floor Bedroom
  • Lake Front
  • Newly Painted Property
  • 1 Fireplace

About This Home

Stunning Watauga Lake Residence. Offers breathtaking views of Watauga Lake, including panoramic views of the lake and mountains. Conveniently located near fishing spots and multiple marinas. Private and secluded country setting. Abundant wildlife. Lush flowers and trees. 3/3 full basement, ideal for finishing and extra space. Suitable for Airbnb, with no restrictions. Includes a second lot. Updated kitchen and baths, new paint, new HVAC, and new paint inside and outside. New Roof, Garden area, an abundance of flowers and trees. Wrap around deck/porch

Last Listed By

Deborah Short

Lake Homes Realty, LLC Brokerage Phone: 8665253466 License #284053 Listed on: 05/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1987

Lot Details

  • 1.5 Acre Lot
  • Lake Front
  • Landscaped with Trees
  • Garden

Home Design

  • Newly Painted Property
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry on lower level
  • Property Views

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Attached Carport
  • RV Access or Parking

Utilities

  • Central Heating
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 081 067.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Attribution Contact: 8665253466
  • Directions: From Butler Trading Post, Hwy 67 heads south .1 mile, turn right onto Rainbolt, .2 miles to 261 Rainbolt. Sign
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 1987
  • Property Sub Type: Site Built
  • Lot Size Acres: 1.5
  • Lot Size: 1.39 ACRE
  • Subdivision Name: None
  • Carport Y N: Yes
  • Garage Yn: No
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Oven, Refrigerator, Electric Range, Microwave
  • Flooring: Hardwood
  • Interior Amenities: New Paint
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3000
  • Main Level Bedrooms: 3
  • Window Features: Double Pane Windows
  • Room Bedroom2 Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Living Room Living Room Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Exterior Features: Garden
  • Roof: Metal
  • Lot Features: Trees, Garden
  • View: Other Water Frontage View Description, Water, Mountain(s), Lake
  • View: Yes
  • Waterfront Features: Lake, Other Water Frontage View Description
  • Waterfront: Yes
  • Construction Type: Frame
  • Patio And Porch Features: Porch, Covered, Patio, Deck, Balcony

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Parking Features: RV Access/Parking, Attached Carport
  • Total Parking Spaces: 4

Utilities

  • Electric: Circuit Breakers, MT CITY
  • Heating: Central
  • Sewer: Septic Tank
  • Gas Company: N/A
  • Laundry Features: Lower Level
  • Security: Smoke Detector(s)
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public, CARDER

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Parcel #: 081 067.03
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 900
  • Tax Book Number: 224
  • Tax Map Number: 081 06

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $897 $40,575 $5,550 $35,025
2023 $897 $40,575 $5,550 $35,025
2022 $734 $40,575 $5,550 $35,025
2021 $734 $40,575 $5,550 $35,025
2020 $727 $40,575 $5,550 $35,025
2019 $727 $35,450 $5,550 $29,900
2018 $727 $35,450 $5,550 $29,900
2017 $727 $35,450 $5,550 $29,900
2016 $727 $35,450 $5,550 $29,900
2015 $642 $35,450 $5,550 $29,900
2014 -- $35,175 $5,600 $29,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 For Sale $424,000 +69.6% $141 / Sq Ft
11/23/2022 11/23/22 Sold $250,000 -15.3% $172 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $295,000 -- $203 / Sq Ft
Source: Upper Cumberland Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 --
Warranty Deed $5,000 --
Warranty Deed $38,000 --
Warranty Deed $2,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $25,500 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: Upper Cumberland Association of REALTORS®

MLS Number: 236786

Upper Cumberland Association of REALTORS®

APN: 081-067.03