NOT LISTED FOR SALE

3229 Draft Rd Butler, TN 37640

Estimated Value: $262,770 - $286,000

3 Beds
2.5 Baths
2,667 Sq Ft
$103/Sq Ft Est. Value

Last Sold October 14, 2015

Last sale price $525,000 $197 Per Sq Ft

Est. 48% decrease in value since last sale

Current estimated payment $1,541/month

85 Days on Market

Highlights

  • Lake Front
  • Lake Privileges
  • 3 Fireplaces
  • Barn
  • Traditional Architecture
  • Wood Siding

About This Home

As of October 2015

Country Living... on the Lake!! A truly unique property with an unparalleled combination of character, usable lake frontage, and proximity to Boone and surrounding areas! Just over 16 mi from Hwy 421 and only 30 min to Boone discover one of the most premier and easily accessible spots on Watauga Lake- now for sale! A historic 3BR 2.5BA farmhouse has been meticulously renovated while preserving much of the original 1920's charm to create the ultimate lakeside getaway on 3.85 acres (also perfect for a family home/full time residence)! Sprawling, manicured grounds stretch from the front of the property around back to abundant, level frontage on Watauga Lake! Enjoy life on the water on your own private dock or enjoy the sites + sounds of the lake from the privacy of the home + back deck! Discover a chance to have Watauga Lake in YOUR BACK YARD! Amenities: MOUNTAIN VIEWS, office in Master, fireplaces in living, dining room + BR3, boat ramp access, barn and shed, covered carport, covered front porch, Heart of Pine in Dining, Tongue & Groove living room ceiling, heirloom apple trees..

Last Agent to Sell the Property

Jay Vincent

Vincent Properties Listed on: 05/24/2015

Vincent Properties

Last Buyer's Agent

Jay Vincent

Vincent Properties Listed on: 05/24/2015

Vincent Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • 3.85 Acre Lot
  • Lake Front
  • Property is in good condition

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Farmhouse Style Home
  • Cottage
  • Wood Walls
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 3 Fireplaces

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Little Milligan Elementary School
  • Johnson Co Middle School
  • Johnson Co High School

Utilities

  • No Cooling
  • Heat Pump System
  • Private Water Source
  • Private Sewer

Additional Features

  • Lake Privileges
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 097G A 002.00

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Directions: US 321 N to a right onto Greggs Branch Rd. Travel another 1.4 mi to a right onto Buntontown Rd. In approximately 0.9 mi road turns into Dry Rd (as you cross the bride), then turn right onto Draft Rd. Property is on right in 0.3 mile. Shown by appointment only!
  • Prop. Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Farmhouse, Cottage, Traditional
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 3.85
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Little Milligan
  • General Property Description Middle School2: Johnson Co
  • General Property Description High School3: Johnson Co
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: 3.85 ac
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2667.0
  • General Property Description Above Grade SqFt: 2189.0
  • General Property Description Parcel ID2: 097G A 002.00
  • General Property Description # Fireplaces: 3
  • Roof Metal3: Yes
  • Walls Wood3: Yes
  • Other Structures Barn(s): Yes
  • Sewer Private Sewer: Yes
  • Water Private: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 478.0
  • Fireplaces: 3
  • General Property Description Baths - Full: 2
  • General Property Description Baths - 12: 1

Exterior Features

  • Property Condition: Above Average
  • Roof: Metal
  • Other Structures: Barn(s)
  • Waterfront Features: Lake Front, Lake Privileges
  • Acres: 3.85
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Concrete, Wood Siding
  • Exterior Finish Wood Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake Privileges: Yes

Garage/Parking

  • Parking Features: Gravel
  • Attached Garage: No
  • Parking Features:Gravel: Yes

Utilities

  • Heating: Electric, Fireplace(s), Heat Pump
  • Sewer: Private Sewer
  • Cooling: None
  • Cooling Y N: No
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Heat Pump2: Yes
  • Heating:Fireplace(s): Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Little Milligan
  • High School: Johnson Co
  • Middle Or Junior School: Johnson Co

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 3.85 ac
  • Lot Size Sq Ft: 167706.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 097G A 002.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2015
Closed on
Oct 12, 2015
Sold by
Walters Carolyn D
Bought by
Tatum Stephen D and Tatum Sally C
Seller's Agent
Jay Vincent
Vincent Properties
Buyer's Agent
Jay Vincent
Vincent Properties
List Price
$649,000
Sold Price
$525,000
Premium/Discount to List
-$124,000
-19.11%
Current Estimated Value
$274,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$250,615
Avg. Annual Appreciation
-6.11%

Purchase Details

Closed on
Jul 1, 2014
Sold by
Walters William F
Bought by
Walters Carolyn D

Purchase Details

Closed on
Apr 15, 1999
Bought by
Walters William F and Walters Carolyn D

Purchase Details

Closed on
Dec 9, 1998
Bought by
Hodges Hodges W and Hodges Patricia

Purchase Details

Closed on
Mar 13, 1998
Bought by
Watauga County Land Corp

Purchase Details

Closed on
Feb 27, 1963
Bought by
Bunton Ivan G and Bunton Laura L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Tatum Stephen D $525,000 --
Walters Carolyn D -- --
Walters William F $110,000 --
Hodges Hodges W $295,000 --
Watauga County Land Corp $295,000 --
Bunton Ivan G -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2015 10/14/15 Sold $525,000 -19.1% $197 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
05/23/2015 05/23/15 For Sale $649,000 -- $243 / Sq Ft
Source: Tennessee/Virginia Regional 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 $1,380 $62,425 $34,425 $28,000
2024 $1,380 $62,425 $34,425 $28,000
2023 $1,380 $62,425 $34,425 $28,000
2022 $1,130 $62,425 $34,425 $28,000
2021 $1,130 $62,425 $34,425 $28,000
2020 $1,252 $62,425 $34,425 $28,000
2019 $1,252 $61,075 $34,425 $26,650
2018 $1,252 $61,075 $34,425 $26,650
2017 $1,252 $61,075 $34,425 $26,650
2016 $1,008 $49,150 $22,500 $26,650
2015 $890 $49,150 $22,500 $26,650
2014 $955 $52,750 $22,500 $30,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 362876

Tennessee/Virginia Regional MLS

APN: 097G-A-002.00