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Sold for $625,000
  • $625,000

    503 Slippery Elm Cir, Butler, TN 37640

    4beds
    2,828sqft
    Single Family Residence, Residential
    Built in 2006
    3.69 Acres Lot
    $678,600 Zestimate®
    $221/sqft
    $2,777 Estimated rent

    Home value

    $678,600

    Estimated sales range

    Not available

    $2,777/mo

    Zestimate® history
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    What's special

    Nestled in a secluded, gated community of Heartwood with its stunning views of Watauga Lake and Grandfather Mountain, this furnished mountain home offers unmatched privacy surrounded by lush, mature trees. The property features two identical living quarters, each with a living room, full kitchen, bedroom, and bath—ideal for multi-generational family living or creating separate guest spaces. Upstairs, two oversized bedrooms share a large Jack-and-Jill bathroom, offering comfort and flexibility. Both living areas feature cozy wood-burning fireplaces, perfect for gathering, while the wraparound deck and gazebo provide serene spaces for outdoor relaxation amidst nature's beauty. As fall approaches, this home becomes even more picturesque, with the vibrant colors of the changing leaves creating a breathtaking backdrop. Ideal for a full-time residence, weekend retreat, or Airbnb vacation rental, this property is a versatile investment. Located close to Watauga Lake, the Appalachian Trail, and nearby ski resorts, outdoor adventures are always within reach. Whether you're seeking to accommodate extended family or offer private guest quarters, this home provides the perfect balance of separate living spaces and communal areas for enjoyment and connection. This serene mountain retreat blends privacy, nature, and comfort, offering year-round recreational opportunities in an exclusive setting. Ask your agent for details on a few items that will not be included with the sale.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donaven Braun 423-525-9252,

    Fathom Realty

    Bought with:

    Lisa Gilchrist, 354323

    Copper Key Properties

    Source: TVRMLS,MLS#: 9971071

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Fireplace(s), Heat Pump
    Cooling
    • Heat Pump
    Features
    • Bar, Granite Counters
    • Flooring: Hardwood
    • Windows: Double Pane Windows
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 2,828
    • Total interior livable area: 2,828 sqft

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Balcony
    Lot
    • Size: 3.69 Acres
    • Topography: Level, Mountainous, Part Wooded, Sloped
    Details
    • Parcel number: 069 024.08
    • Zoning: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cabin,Chalet,Cottage
    • Property subtype: Single Family Residence, Residential
    Materials
    • Wood Siding
    • Roof: Shingle
    Condition
    • Above Average
    • New construction: No
    • Year built: 2006

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Shared Well

    Community & neighborhood

    Community
    • Community features: Gated
    Location
    • Region: Butler
    • Subdivision: Heartwood

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $800 annually

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    1/6/2025Sold$625,000-3.7%$221/sqft
    Source: TVRMLS #9971071 Report a problem
    11/5/2024Pending sale$649,000$229/sqft
    Source: TVRMLS #9971071 Report a problem
    10/18/2024Listing removed$649,000$229/sqft
    Source: TVRMLS #9971071 Report a problem
    9/11/2024Listed for sale$649,000+77.8%$229/sqft
    Source: TVRMLS #9971071 Report a problem
    11/24/2020Sold$365,000-1.1%$129/sqft
    Source: TVRMLS #9911028 Report a problem
    10/10/2020Pending sale$369,000$130/sqft
    Source: Kw Johnson City #9911028 Report a problem
    9/2/2020Listed for sale$369,000$130/sqft
    Source: Kw Johnson City #9911028 Report a problem
    8/17/2020Pending sale$369,000$130/sqft
    Source: Kw Johnson City #9911028 Report a problem
    7/29/2020Listed for sale$369,000+89.2%$130/sqft
    Source: Kw Johnson City #9911028 Report a problem
    7/13/2015Sold$195,000-2.3%$69/sqft
    Source: TVRMLS #361527 Report a problem
    6/16/2015Pending sale$199,500$71/sqft
    Source: Homepath #361527 Report a problem
    6/6/2015Price change$199,500-5%$71/sqft
    Source: Homepath #361527 Report a problem
    4/29/2015Listed for sale$210,000+10.9%$74/sqft
    Source: Coldwell Banker Security Real Estate #361527 Report a problem
    3/16/2015Sold$189,380-5.3%$67/sqft
    Source: Public Record Report a problem
    10/3/2011Sold$200,000-52.9%$71/sqft
    Source: Public Record Report a problem
    8/17/2006Sold$425,000+1600%$150/sqft
    Source: Public Record Report a problem
    8/4/2005Sold$25,000$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,087 $95,750
    2024$2,087 $95,750
    2023$2,087 +7.4%$95,750
    2022$1,944 $95,750
    2021-- $95,750 -8.7%
    2020$2,592 $104,925
    2019$2,592 0%$104,925 0%
    2018$2,593 0%$104,975
    2017$2,593 +0.8%$104,975
    2016$2,572 +0%$104,975
    2015$2,572 +3.2%$104,975 +3.2%
    2014$2,491 +5.1%$101,675 0%
    2013$2,369 +8.4%$101,681
    2012$2,186 -0.1%$101,681
    2011$2,189 -5.6%$101,681
    2010$2,318 -2.6%$101,681 -2.6%
    2009$2,381 +2.7%$104,448
    2008$2,319 +5.7%$104,448
    2007$2,193 $104,448
    2006$2,193 +574.6%$104,448 +722.4%
    2005$325 +70.8%$12,700 +70.8%
    2004$190 +433.5%$7,435 +362.7%
    2002$36 $1,607 +14.2%
    2001-- $1,407 -75%
    2000-- $5,628

    Find assessor info on the county website

    Neighborhood: 37640

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Little Milligan
    • Middle: Little Milligan
    • High: Hampton

    Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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