$424,000

261 Rainbolt St Butler, TN 37640

Estimated payment $2,421/month

Total Views 9,076
3 Beds
3 Baths
1,750 Sq Ft
$242 Price per Sq Ft

Highlights

  • Water Views
  • Craftsman Architecture
  • Partially Wooded Lot
  • RV Access or Parking
  • Wood Burning Stove
  • Wood Flooring

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/porchOverlooks Watauga Lake, Private Country Settingâ€''abundance of wildlife. Near multiple Marinas. Mountain and Lake Views. 081 067.03 & 081O C 015.00 Information Herein Deemed Reliable but Not Guaranteed

Listing Agent

Deborah Short

Lake Homes Realty Smithville License #284053 Listed on: 05/24/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1987

Lot Details

  • 1.5 Acre Lot
  • Landscaped
  • Level Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Garden
  • Property is in average condition

Property Views

  • Water
  • Mountain

Home Design

  • Craftsman Architecture
  • Raised Ranch Architecture
  • Block Foundation
  • Metal Roof
  • Stone Exterior Construction
  • HardiePlank Type
  • Stone

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Paneling
  • Wood Burning Stove
  • Double Pane Windows
  • Entrance Foyer
  • Walkup Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Utility Sink

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Parking

  • 4 Carport Spaces
  • RV Access or Parking

Outdoor Features

  • Outbuilding
  • Wrap Around Porch

Schools

  • Doe Elementary School
  • Johnson Co Middle School
  • Johnson Co High School

Utilities

  • Central Heating and Cooling System
  • 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

$897

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: From Butler Trading Post, Hwy 67 heads south .1 mile, turn right onto Rainbolt, .2 miles to 261 Rainbolt. Sign
  • Prop. Type: Residential
  • Building Stories: 1
  • Year Built: 1987
  • Garage Carport Spaces: 4
  • Property Sub Type: Single Family Residence
  • Bedroom 2 Level: First
  • ResoSecurityFeatures: Security System Leased, Smoke Detector(s)
  • Reso Association Amenities: Landscaping
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Craftsman, Raised Ranch
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.5
  • General Property Description Zoning2: R
  • General Property Description Elementary School3: Doe
  • General Property Description Middle School2: Johnson Co
  • General Property Description High School3: Johnson Co
  • General Property Description HOA YN: No
  • Water Public: Yes
  • General Property Description Lot Dimensions: 1.5 ACRE
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 1750.0
  • General Property Description Above Grade SqFt: 1750.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 081 067.03
  • General Property Description Stories2: 1
  • Other Structures Outbuilding: Yes
  • View Mountain(s): Yes
  • Foundation Block6: Yes
  • Fireplace Basement3: Yes
  • TopographyLot Description Cleared: Yes
  • View Water2: Yes
  • Roof Metal3: Yes
  • Walls Paneling: Yes
  • Property Condition Average: Yes
  • Primary Bedroom Level: First
  • Style Raised Ranch: Yes
  • Flooring Ceramic Tile: Yes
  • TopographyLot Description Part Wooded: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Security Features:Security System Leased: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Electric Range, Microwave, Range, Refrigerator
  • Has Basement: Finished, Full, Unfinished
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Entrance Foyer, Pantry, Utility Sink
  • Window Features: Double Pane Windows
  • Bedroom 3 Level: First
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Basement
  • Total Bedrooms: 9
  • General Property Description Baths - Full: 3
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • InteriorFeatures:Utility Sink: Yes
  • Interior Features:Entrance Foyer: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Cooktop: Yes
  • Basement:Unfinished: Yes
  • Attic Features:Attic Walk-Up: Yes
  • Full Basement: Yes
  • Basement:Basement Finished2: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Outbuilding
  • View: Water, Mountain(s)
  • Exterior Features: Garden
  • Acres: 1.5
  • Topography: Cleared, Level, Part Wooded
  • Home Warranty: No
  • Construction Type: HardiPlank Type, Stone, Other
  • Foundation Details: Block
  • Patio And Porch Features: Front Porch, Porch, Wrap Around
  • Window Features:Double Pane Windows: Yes
  • Exterior Features:Garden: Yes
  • PorchPatioDeck Front Porch: Yes
  • PorchPatioDeck Porch: Yes
  • Exterior Finish HardiPlank Type: Yes
  • PorchPatioDeck Wrap Around: Yes
  • Exterior Finish Stone5: Yes

Garage/Parking

  • Parking Features: RV Access/Parking, Carport
  • Attached Garage: No
  • Parking Features:RV Parking: Yes
  • Parking Features:Carport: Yes

Utilities

  • Heating: Central, Fireplace(s), Wood Stove
  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes
  • Sewer Septic Tank: Yes
  • Heating:Wood Stove: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Doe
  • High School: Johnson Co
  • Middle Or Junior School: Johnson Co

Lot Info

  • Zoning: R
  • Lot Dimensions: 1.5 ACRE
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 081 067.03

Tax Info

  • Tax Book Number: 224

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: Tennessee/Virginia Regional MLS

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: Tennessee/Virginia Regional MLS

MLS Number: 9980725

Tennessee/Virginia Regional MLS

APN: 081-067.03