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.
Single-familyProperty Type
1958Year Built
3 acresLot Size
$77Price/Sq.Ft.
Listed by Kimberly Yearwood• American Real Estate
•423-253-2346 (agent)
•kim@tellicoland.com (agent)
•423-253-2346 (broker)
•kim@tellicoland.com (broker)
Bought with Kimberly Yearwood• American Real Estate
Est. $1,620 per month, based on comparable rentals
Sale and tax history for 316 Anderson Rd
Sale History
Tax History
Date
Event
Price
Knoxville MLS #1323966
Mar 12, 2026
Sold
$300,000
$77/sq ft
Dec 24, 2025
Pending
—
Dec 10, 2025
Listed
$389,000
$99/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$863
2024
$863
2023
$863 (+11.1%)
2022
$777
2021
$777
2020
$777 (+13.3%)
2019
$686 (+17.5%)
2018
$584 (+1.9%)
2017
$573
2016
$573
2015
$573
2014
$573
Public record
Beds
—
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
3 Acres
Year renovated
1991
Sq. Ft.
1,960
Year built
1958
Style
Single Family Residential
County
Monroe County
APN
035 05901 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 5, 2026.
Property details
Parking
Garage Information
Parking Features: Carport, Basement
Interior
Bathroom Information
Bathrooms Full: 2
Bathrooms Total Integer: 2
Basement Information
Basement: Walkout, Finished
Fireplace Information
Fireplace Features: Other
Interior Features
Rooms Total: 11
Appliances: Refrigerator
Flooring: Carpet, Hardwood, Vinyl
Exterior
Exterior Features
Other Structures: Storage, Gazebo, Barn(s), Workshop
Construction Materials: Vinyl Siding, Brick
Property Information
Property Attached YN: No
Building Area Total: 3,920
Building Area Source: Tax Records
Lot Information
Lot Size Acres: 3
Lot Size Square Feet: 130,680
Lot Size Source: Tax Records
Lot Features: Level, Rolling Slope
View: Country Setting
Financial
Tax Information
City Taxes: $862.67
County Taxes: $862.67
Total Tax: $862.67
Utilities
Heating & Cooling
Heating YN: Yes
Heating: Central, Electric
Cooling YN: Yes
Cooling: Central Cooling
Utility Information
Sewer: Septic Tank
Location
Location Information
Directions: Madisonville Hiwassee Road , Pass Former Hiwassee College site proceed 1 mile to right on Anderson Road. Go 3/4 mile to property on Right. SOP
Unparsed Address: 316 Anderson Rd, Sweetwater, TN 37874
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,960
Stories: 1.0
Lot Size: 3 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: 1991
County: Monroe County
APN: 035 05901 000
Home facts updated by county records on Aug 5, 2026
Around this home
Schools
Madisonville Intermediate School
Public 3-5 • Assigned • 2.8mi
4/10
Madisonville Middle School
Public 6-8 • Assigned • 2.8mi
5/10
Sequoyah High School
Public 9-12 • Assigned • 2.7mi
5/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 104° expected this year, 20 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Sweetwater, TN • 37874
Average low and high temperatures (°F)
46
26
55
34
69
44
76
53
77
58
86
66
90
71
86
66
82
62
73
50
64
43
53
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$355,000 – $430,000
Sell confidently with a local market expert in Sweetwater.