Sold for $400,000

$400,000

261 Rainbolt St, Butler, TN 37640

3beds

1,750sqft

Single Family Residence, Residential

Built in 1987

1.5 Acres Lot

$403,600 Zestimate^®

$229/sqft

$2,352 Estimated rent

Home value

$403,600

Estimated sales range

Not available

$2,352/mo

Zestimate^® history

Owner options

List your home for rent

$2,352/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$2,352/mo

Rent Zestimate^®

Refinance and save

$2,317/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$2,317/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

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 with a one finished room in 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/porch Overlooks Watauga Lake, Private Country Setting 'abundance of wildlife. Near multiple Marinas. Mountain and Lake Views. 081 067.03 & 081O C 015.00 Information Herein Deemed Reliable but Not Guaranteed

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Primary bedroom

Level: First

Bedroom 2

Level: First

Bedroom 3

Level: First

Heating

Central, Fireplace(s), Wood Stove

Cooling

Central Air

Appliances

Included: Cooktop, Dryer, Electric Range, Range, Refrigerator, Washer
Laundry: Electric Dryer Hookup, Washer Hookup, Sink

Features

Entrance Foyer, Pantry
Flooring: Ceramic Tile, Hardwood
Windows: Double Pane Windows, Single Pane Windows
Basement: Finished,Full,Unfinished
Has fireplace: Yes
Fireplace features: Basement

Interior area

Total structure area: 3,050
Total interior livable area: 1,750 sqft

Property

Parking

Total spaces: 3
Parking features: RV Access/Parking, Carport
Carport spaces: 3

Features

Levels: One
Stories: 1
Patio & porch: Front Porch, Porch, Wrap Around
Exterior features: Garden
Has view: Yes
View description: Water, Mountain(s)
Has water view: Yes
Water view: Water

Lot

Size: 1.5 Acres
Dimensions: 1.5 ACRE
Topography: Cleared, Level, Part Wooded

Details

Additional structures: Outbuilding
Parcel number: 081 067.03
Zoning: R

Construction

Type & style

Home type: SingleFamily
Architectural style: Craftsman,Raised Ranch
Property subtype: Single Family Residence, Residential

Materials

HardiPlank Type, Stone, Other
Foundation: Block
Roof: Metal,Shingle

Condition

Average
New construction: No
Year built: 1987

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Security: Security System Leased, Smoke Detector(s)
Subdivision: Not In Subdivision

HOA

Has HOA: No
Amenities included: Landscaping

Location

Region: Butler

Financial & listing details

Price per square foot: $229/sqft
Tax assessed value: $162,300
Annual tax amount: $897
Date on market: 5/24/2025
Listing terms: Cash,Conventional,VA Loan

Price history

Date	Event	Price
10/22/2025	Sold	$400,000-5.7%$229/sqft
Source: TVRMLS #9980725 Report a problem
9/9/2025	Pending sale	$424,000$242/sqft
Source: TVRMLS #9980725 Report a problem
5/24/2025	Listed for sale	$424,000+69.6%$242/sqft
Source: UCMLS #236786 Report a problem
11/23/2022	Sold	$250,000-5.7%$143/sqft
Source: TVRMLS #9941673 Report a problem
10/8/2022	Contingent	$265,000$151/sqft
Source: TVRMLS #9941673 Report a problem
9/2/2022	Price change	$265,000-10.2%$151/sqft
Source: TVRMLS #9941673 Report a problem
8/4/2022	Listed for sale	$295,000$169/sqft
Source: TVRMLS #9941673 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$897	$40,575
2024	$897	$40,575
2023	$897 +22.1%	$40,575
2022	$734	$40,575
2021	--	$40,575 +14.5%
2020	$727	$35,450
2019	$727	$35,450
2018	$727 0%	$35,450
2017	$727	$35,450
2016	$727 +13.3%	$35,450
2015	$642 +0.8%	$35,450 +0.8%
2014	$637 0%	$35,175 0%
2013	$637 +2.3%	$35,188
2012	$623	$35,188
2011	$623	$35,188
2010	--	$35,188 +10.9%
2009	$644	$31,726
2008	$644	$31,726
2007	$644	$31,726
2006	$644 -22.2%	$31,726
2005	$828 +19%	$31,726 +19%
2004	$696 +8.8%	$26,656
2002	$640	$26,656
2001	--	$26,656 -75%
2000	--	$106,623