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648 Butler Mill Rd, Oliver Springs, TN, 37840

3beds
3baths
2,767sqft
$186,000
$67price/sqft
$1,570/moest. monthly cost
$62,800/yrincome needed

About This Home

Calling all investors and buyers with a vision--this unique property is packed with potential and ready for your personal touch! Opportunity awaits with this one-of-a-kind property featuring a tankless water heater, gas stove, central heat and air, and plenty of covered parking with an RV carport, attached 2-car carport, and additional detached carport. The basement offers more potential, a workshop space, and there's even a separate hair salon with a full bath--ideal for a home business or guest suite. Enjoy a peaceful setting with a creek along the back of the property and convenient access to Windrock Mountain. The home does need some work and is priced accordingly, including a failed septic system (permit and plans on file for replacement), flood cuts throughout the basement and the flooring has been removed due to a prior sewer issue, and an in-ground pool in need of a new liner and equipment. Some personal belongings may remain and will be the buyer's responsibility to remove. A great opportunity to customize and add value!

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

6/10
Dyllis Springs ElementaryGrades PK-52.2 mi
6/10

Construction

Condition

  • Year built: 1974

Materials

  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Flooring: Other
  • Fireplace features: None
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Natural Gas
  • Cooling features: Central Air,Ceiling Fan(s)

Interior Area

  • Total structure area: 2,767
  • Total interior livable area: 2,767 sqft

Property

Details

  • Parcel number: 001F C 00100 000

Features

  • Private pool: Yes
  • Pool features: In Ground
  • Waterfront features: Creek

Lot

  • Lot size: 1 Acres

Parking

  • Total spaces: 3
  • Parking features: Off Street,Carport,RV Access/Parking
  • Covered spaces: 3
  • Carport: Yes
  • Carport spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Inland Flooding
Strong Wind
Tornado
Winter Weather
Earthquake
Ice Storm
Landslide

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $940$11,280
Home Insurance $78$936
Property Taxes $328$3,936
Electricity $224$2,697
Total$1,570$18,840

Income You'd Need if You Spent...

35% on housing$53,828/yr
40% on housing$47,100/yr
45% on housing$41,866/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$67This listing

vs Other Active Listings

Avg $/sqft

ZIP 37840$203
Roane County$167

vs Homes Sold Last Month

Median $/sqft

ZIP 37840$214
Roane County$178

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-10Listed for sale$225,000
2008-05-27Sold$225,000

For Sale by Agent

AgentMonica Austin Carroll
BrokerageKeller Williams Realty

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