$60,000
SOLD AUG 28, 2020

308 Wilson Station Rd Madisonville, TN 37354

2 Beds
1.5 Baths
940 Sq Ft
0.5 Acres

Recently Sold

$64 Per Sq Ft

30 Days on Market

Highlights

  • Countryside Views
  • Traditional Architecture
  • Covered Patio or Porch
  • Deck
  • Wood Flooring
  • Separate Outdoor Workshop

About This Home

As of May 2025

Cute Country Cottage offering 2 bedrooms, 1.5 baths, hardwood floors, large utility room, covered front porch, dishwasher and stove, nice fenced in yard, outbuilding with electric and carport. Upstairs for possible extra bedroom. Price is $69,500 and home is being sold as-is and does need repairs and does not have HVAC.

Last Agent to Sell the Property

James Lee

Norman Lee Real Estate License #014349 Listed on: 06/12/2020

Last Buyer's Agent

Wannis Bowen

Weichert REALTORS Advantage Plus License #321388

Weichert REALTORS Advantage Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $245

Year Built

  • Built in 1950

Lot Details

  • 0.5 Acre Lot

Home Design

  • Traditional Architecture
  • Cottage
  • Vinyl Siding

Interior Spaces

  • 940 Sq Ft Home
  • Free Standing Fireplace
  • Wood Frame Window
  • Wood Flooring
  • Countryside Views
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Carport
  • Parking Available

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Listing and Financial Details

  • Assessor Parcel Number 124 053.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$245

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: Madisonville New Hwy 68 towards Tellico and turn right onto Old State Rd across from Rose's Well Drilling and then a right onto Wilson Station Rd and the home is on the right S.O.P.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1950
  • Lot Size Acres: 0.5
  • Architectural Style: Cottage, Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing
  • Fireplaces: 1
  • Flooring: Hardwood, Other

Exterior Features

  • Exterior Features: Windows - Wood, Porch - Covered, Deck
  • View: Country Setting
  • Construction Type: Vinyl Siding
  • Other Structures: Storage, Workshop

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Carport, Main Level

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 124 053.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
May 29, 2025
Sold by
Neel Bailey and Neel Edward D
Bought by
Cook Nicholas
List Price
$120,000
Sold Price
$139,000
Premium/Discount to List
$19,000
15.83%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.60%
Original Mortgage
$136,482
Outstanding Balance
$136,366
Interest Rate
6.83%
Mortgage Type
FHA
Estimated Equity
-$144

Purchase Details

Listed on
Jun 12, 2020
Closed on
Aug 28, 2020
Sold by
Watson Billy J
Bought by
Neel Bailey L and Neel Edward D
Seller's Agent
James Lee
Norman Lee Real Estate
Buyer's Agent
Wannis Bowen
Weichert REALTORS Advantage Plus
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.30%
Original Mortgage
$55,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2020
Sold by
Stamey Michael W and Stamey Brittan
Bought by
Watson Billy J

Purchase Details

Closed on
Aug 15, 2014
Sold by
Turpin Michael E
Bought by
Stamey Michael W

Purchase Details

Closed on
Jun 26, 1992
Bought by
Turpin Michael E and Turpin Regina K

Purchase Details

Closed on
Aug 20, 1968
Bought by
Sitzler Eula

Purchase Details

Closed on
Jul 29, 1955
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $139,000 Independence Title
Warranty Deed $60,000 None Available
Warranty Deed $45,000 None Available
Warranty Deed $35,000 --
Warranty Deed $12,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,482 FHA
Previous Owner $55,200 New Conventional
Previous Owner $28,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $139,000 +15.8% $148 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $120,000 +100.0% $128 / Sq Ft
08/28/2020 08/28/20 Sold $60,000 -- $64 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

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 $245 $16,100 $2,075 $14,025
2023 $245 $16,100 $2,075 $14,025
2022 $181 $8,100 $1,400 $6,700
2021 $181 $8,100 $1,400 $6,700
2020 $182 $8,100 $1,400 $6,700
2019 $150 $7,575 $1,425 $6,150
2018 $150 $7,575 $1,425 $6,150
2017 $157 $7,475 $1,425 $6,050
2016 $157 $7,475 $1,425 $6,050
2015 $157 $7,475 $1,425 $6,050
2014 $157 $7,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Lee

    Seller's Agent in 2020

    James Lee

    Norman Lee Real Estate

    (423) 519-0700

    155 Total Sales

    Section Image

  • W

    Buyer's Agent in 2020

    Wannis Bowen

    Weichert REALTORS Advantage Plus

    (865) 474-7100

    10 Total Sales

    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1119909

East Tennessee REALTORS® MLS

APN: 124-053.00

Tennessee Monroe County Madisonville 37354

308 Wilson Station Rd, Madisonville, TN

This home is located at 308 Wilson Station Rd, Madisonville, TN 37354 and is currently priced at $60,000, approximately $63 per square foot. This property was built in 1950. 308 Wilson Station Rd is a home located in Monroe County with nearby schools including Tellico Plains Elementary School, Tellico Plains Junior High School, and Tellico Plains High School.

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.

East Tennessee REALTORS® MLS 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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