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
$304,300 Zestimate®
$77/sqft
$1,762 Estimated rent
Home value
$304,300
$222,000 - $417,000
$1,762/mo
Zestimate® history
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$1,704/mo
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List your homeWhat's special
Pretty pastoral settingWalk out basement
Zillow last checked:
Listing updated:
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 & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Sweetwater
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $226,600
- Annual tax amount: $863
- Date on market: 12/10/2025
- 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% |
| 2022 | $777 | $34,675 |
| 2021 | $777 | $34,675 |
| 2020 | $777 +13.1% | $34,675 |
| 2019 | $686 | $34,675 |
| 2018 | $686 +17.5% | $34,675 +26.8% |
| 2017 | $584 +2% | $27,350 |
| 2016 | $573 | $27,350 |
| 2015 | $573 | $27,350 |
| 2014 | $573 | $27,350 |
| 2013 | $573 | $27,350 |
| 2012 | -- | $27,350 -11.6% |
| 2011 | $603 +23.4% | $30,937 |
| 2010 | $489 | $30,937 |
| 2009 | $489 0% | $30,937 |
| 2008 | $489 | $30,937 |
| 2007 | -- | $30,937 +29.1% |
| 2006 | $463 +14.9% | $23,966 |
| 2005 | $403 +2% | $23,966 +16% |
| 2004 | $395 | $20,660 |
| 2002 | $395 | $20,660 |
| 2001 | -- | $20,660 -67.2% |
| 2000 | -- | $62,905 |
Find assessor info on the county website
Neighborhood: 37874
Nearby homes
- $83,100-- bd1 ba1.7k sqft209 Anderson Rd, Sweetwater, TN 37874Off Market
- $259,0003 bd2 ba1.7k sqft299 Anderson Rd, Sweetwater, TN 37874Sold
- $317,800-- bd1 ba1.3k sqft323 Anderson Rd, Sweetwater, TN 37874Off Market
- $349,2001 AcresAnderson Rd, Sweetwater, TN 37874Off Market
- $49,0001 AcresAnderson Rd, Sweetwater, TN 37874Off Market
- $367,200-- bd1 ba2.1k sqft350 Anderson Rd, Sweetwater, TN 37874Off Market
- $551,800-- bd2 ba1.9k sqft628 Short Bark Rd, Sweetwater, TN 37874Off Market
- $330,100-- bd1 ba3.1k sqft258 Anderson Rd, Sweetwater, TN 37874Off Market
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: 2.7 mi
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- Tennessee
- Monroe County
- Sweetwater
- 37874
- 316 Anderson Rd
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