Income Producing Unrestricted Property. This 3900 Square Foot home sits on 3 Acres which is partially fenced with a Barn ,an equipment shed, and workshop. The home is being utilized as a 6 BR although 2 bedrooms do not have built in closets. The Walk Out Basement is rented for $900.00 per month to Great 'On Time Tenants' seller says, and who would remain if you like. There is an additional Septic Tank and Water hook up for a Mobile Home or RV on the property as well for more additional income, or Relatives to use. The old mobile home does not convey and will be removed. This is a pretty pastoral setting and convenient to town of Madisonville although it does have a Sweetwater address. Call for showing, Motivated Seller.
Sold for $300,000
$300,000
316 Anderson Rd, Sweetwater, TN 37874
4beds
3,920sqft
Single Family Residence
Built in 1958
3 Acres Lot
$300,200 Zestimate®
$77/sqft
$2,243 Estimated rent
Home value
$300,200
$285,000 - $315,000
$2,243/mo
Zestimate® history
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: March 13, 2026 at 12:21pm
Listed by:
Kimberly Yearwood,
American Real Estate
Bought with:
Kimberly Yearwood, 283347
American Real Estate
Source: East Tennessee Realtors,MLS#: 1323966
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Carpet, Hardwood, Vinyl
- Windows: Insulated Windows
- Basement: Walk-Out Access,Finished
- Has fireplace: No
- Fireplace features: Other
Interior area
- Total structure area: 3,920
- Total interior livable area: 3,920 sqft
Property
Parking
- Parking features: Carport, Basement
- Has carport: Yes
Features
- Has view: Yes
- View description: Country Setting
Lot
- Size: 3 Acres
- Features: Level, Rolling Slope
Details
- Additional structures: Storage, Gazebo, Barn(s), Workshop
- Parcel number: 035 059.01
- Other equipment: TV Antenna
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Brick
Condition
- Year built: 1958
Utilities & green energy
- Sewer: Septic Tank
- Water: Private, Well
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Sweetwater
Other
Other facts
- Listing terms: New Loan,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Sold | $300,000-22.9%$77/sqft |
Source:  East Tennessee Realtors #1323966 Report a problem | ||
| 12/24/2025 | Pending sale | $389,000$99/sqft |
Source: East Tennessee Realtors #1323966 Report a problem | ||
| 12/10/2025 | Listed for sale | $389,000$99/sqft |
Source: East Tennessee Realtors #1323966 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $863 | $56,650 |
| 2024 | $863 | $56,650 |
| 2023 | $863 +11.1% | $56,650 +63.4% |
Find assessor info on the county website
Neighborhood: 37874
Nearby schools
GreatSchools rating
- 4/10Madisonville Intermediate SchoolGrades: 3-5Distance: 2.8 mi
- 5/10Madisonville Middle SchoolGrades: 6-8Distance: 2.9 mi
- 5/10Sequoyah High SchoolGrades: 9-12Distance: 2.8 mi
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- Tennessee
- Monroe County
- Sweetwater
- 37874
- 316 Anderson Rd