NOT LISTED FOR SALE

261 Watson Trace Madisonville, TN 37354

Estimated Value: $237,457 - $253,000

3 Beds
1 Bath
1,040 Sq Ft
$235/Sq Ft Est. Value

Last Sold June 12, 2023

Last sale price $213,000 $205 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,336/month

60 Days on Market

Highlights

  • Countryside Views
  • Traditional Architecture
  • No HOA
  • Deck
  • Main Floor Primary Bedroom
  • Screened Porch

About This Home

As of June 2023

Back on market due to buyer financing fell through. This charming 3 bedroom, 1 bathroom home is less than five miles from the heart of Madisonville. Sitting on one acre of unrestricted land, the well maintained home features one level living with a screened in front porch and large back deck. The backyard features a storage shed, a nice firepit, and plenty of room for a garden or pets to run! Roof was replaced with metal roof in 2016 and HVAC unit us fairly new also. Additional updates from recent home inspection include necessary minor electrical updates, updated crawlspace as recommended, and gutters added to carport to divert water further away from home.

Last Agent to Sell the Property

Sonya Dalton

Realty Executives Main Street License #348845 Listed on: 03/22/2023

Realty Executives Main Street

Last Buyer's Agent

Jarren Odum

ReMax First License #329443

ReMax First

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1981

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 153 x 318 x 162 x 360
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Storage Room
  • Countryside Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Detached Garage
  • Carport
  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage
  • Storage Shed

Schools

  • Madisonville Middle School
  • Sequoyah High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association
  • County Farm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 091J A 025.00

Home Details

Home Type

Single Family

Year Built

Built in 1981

Lot Details

1 Acres

Listing Details

  • Directions: From Hardees in Madisonville, head southeast on TN-68 S/New Highway 68 for 3 miles, turn right on to County Farm Rd. In 0.8 mile, turn left onto Watson Trace. Home is located 0.7 miles down Watson Trace on left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1981
  • Lot Size Acres: 1.0
  • Lot Size: 153 x 318 x 162 x 360
  • Subdivision Name: County Farm
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Contract Info:List PriceSqFt2: 211.44
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1040.0
  • 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:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Siding:Wood2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate, Vinyl
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Appliances:Self Cleaning Oven: Yes

Exterior Features

  • Exterior Features: Window - Energy Star, Porch - Covered, Porch - Screened, Deck, Doors - Energy Star
  • View: Country Setting
  • Lot Features: Level
  • Construction Type: Wood Siding, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Doors - Energy Star: Yes
  • Exterior Features:Window - Energy Star: Yes

Garage/Parking

  • GarageParkingCarportSpaces: 2.0
  • Attached Garage: No
  • Parking Features: Carport, Detached, Main Level, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:Detached2: Yes
  • GarageParking:Carport: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Schools

  • High School: Sequoyah
  • Middle Or Junior School: Madisonville Middle

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 091J A 025.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jun 12, 2023
Sold by
Ledford Brad Craig
Bought by
Vansant Walter Randolph and Vansant Bonieta Bradley
Seller's Agent
Sonya Dalton
Realty Executives Main Street
Buyer's Agent
Jarren Odum
ReMax First
List Price
$219,900
Sold Price
$213,000
Premium/Discount to List
-$6,900
-3.14%
Views
103
Current Estimated Value
$244,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,614
Avg. Annual Appreciation
5.12%
Original Mortgage
$170,400
Outstanding Balance
$165,696
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$78,918

Purchase Details

Listed on
Oct 24, 2015
Closed on
Mar 11, 2016
Sold by
Lee James
Bought by
Ledford Brad Craig
Seller's Agent
Diane Tomek
Norman Lee Real Estate
Buyer's Agent
Danny Best
Crye-Leike REALTORS® - Athens
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%
Original Mortgage
$97,686
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2015
Closed on
Sep 11, 2015
Sold by
Secretary Of Housing And Urban Developme
Bought by
Lee James
Seller's Agent
Elisha Wooden
Select Realty Professionals
Buyer's Agent
Diane Tomek
Genesis Realty & Property Management, LLC
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1003.88%

Purchase Details

Closed on
Jun 19, 2014
Sold by
Holloway John P
Bought by
Secretary Of Housing And Urban and C/O Michaelson Conner And Boul

Purchase Details

Closed on
Dec 3, 2002
Sold by
Bellew Michael A and Bellew Debra L
Bought by
Holloway John P

Purchase Details

Closed on
Jul 2, 2002
Sold by
Everett Darrill and Everett Hazel
Bought by
Bellew Michael A and Bellew Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.75%

Purchase Details

Closed on
Jul 6, 1981
Bought by
Everett Darrell and Everett Joyce L

Purchase Details

Closed on
Dec 22, 1980

Purchase Details

Closed on
Nov 18, 1980

Purchase Details

Closed on
Mar 29, 1977
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Vansant Walter Randolph $213,000 Skyway Title
Ledford Brad Craig $95,000 --
Lee James $30,000 --
Secretary Of Housing And Urban $58,500 --
Holloway John P $78,000 --
Bellew Michael A $62,500 --
Everett Darrell -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vansant Walter Randolph $170,400
Previous Owner Ledford Brad Craig $97,686
Previous Owner Not Available $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2023 06/12/23 Sold $213,000 -3.1% $205 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/19/2023 05/19/23 For Sale $219,900 0.0% $211 / Sq Ft
04/05/2023 04/05/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $219,900 +131.5% $211 / Sq Ft
03/11/2016 03/11/16 Sold $95,000 +216.7% $94 / Sq Ft View Prior Sale
09/18/2015 09/18/15 Sold $30,000 -- $28 / Sq Ft View Prior Sale
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 $752 $49,350 $6,875 $42,475
2024 $720 $47,300 $6,875 $40,425
2023 $720 $47,300 $6,875 $40,425
2022 $547 $24,425 $6,250 $18,175
2021 $547 $24,425 $6,250 $18,175
2020 $547 $24,425 $6,250 $18,175
2019 $455 $23,000 $6,250 $16,750
2018 $455 $23,000 $6,250 $16,750
2017 $392 $18,725 $5,425 $13,300
2016 $392 $18,725 $5,425 $13,300
2015 $392 $18,725 $5,425 $13,300
2014 $388 $18,539 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1221451

East Tennessee REALTORS® MLS

APN: 091J-A-025.00

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