261 Rainbolt St Butler, TN 37640
3
Beds
2
Baths
1,450
Sq Ft
1.39
Acres
Highlights
- Deck
- Wood Flooring
- Front Porch
- Wood Burning Stove
- Fireplace
- Bathtub
About This Home
As of November 2022Owner says sell! Very motivated!! Spacious home with Watauga Lake views. This home features wood floors. Large eat in kitchen with island. Deck wraps around 3 sides of the home front is under roof. This home could be a year around home or a wonderful vacation rental. Basement could be finished and made into income property. Basement is currently being used for living space. There is the beginning of a bathroom in basement which already has a usable toilet in place. You could actually have 2 vacation rentals if you wanted to use main floor as 1 and basement as another. Sits on large lot mostly cleared, trees around perimeter for privacy. Home also includes extra lot for added privacy. Lot is 138.5x248.25 parcel #081 067.03. All information deemed reliable but not guaranteed.
Last Agent to Sell the Property
DEBORAH ROARK
KW Johnson City License #345671 Listed on: 08/04/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $897
Year Built
- Built in 1987
Lot Details
- 1.39 Acre Lot
- Level Lot
- Property is in average condition
Home Design
- Fixer Upper
- Block Foundation
- Shingle Roof
- Wood Siding
Interior Spaces
- 1,450 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Fireplace
- Wood Burning Stove
- Utility Room
- Home Security System
- Basement
Kitchen
- Built-In Electric Oven
- Cooktop
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub
- Oversized Bathtub in Primary Bathroom
- Shower Only
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Parking
- Carport
- Gravel Driveway
Outdoor Features
- Deck
- Front Porch
Schools
- Doe Elementary School
- Johnson Co Middle School
- Johnson Co High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Wood
- Heat Pump System
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 081 067.03
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2022
Closed on
Nov 23, 2022
Sold by
Church Sharon Joan
Bought by
Piller Edward and Piller Colleen
Seller's Agent
DEBORAH ROARK
KW Johnson City
Buyer's Agent
Deborah Short
Lake Homes Realty Smithville
List Price
$295,000
Sold Price
$250,000
Premium/Discount to List
-$45,000
-15.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.24%
Purchase Details
Closed on
May 2, 1997
Bought by
Church Sharon Joan Le Billy Reed Rm
Purchase Details
Closed on
Mar 24, 1997
Bought by
Church Sharon Joan
Purchase Details
Closed on
Feb 1, 1986
Bought by
Church Walter & Sharon
Similar Homes in Butler, 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 | $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
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
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 | $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
Agents Affiliated with this Home
-
Deborah Short
D
Seller's Agent in 2025
Deborah Short
Lake Homes Realty, LLC
(931) 397-0277
198 Total Sales
-
D
Seller's Agent in 2022
DEBORAH ROARK
KW Johnson City
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9941673
APN: 081-067.03
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