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No Credit CheckOwner Finance

Watertown, TN

Beautiful, peaceful and private home on 7.3 acres, 40 minutes East of Nashville

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4
Bedrooms
2.5
Bathrooms
1,920
Sq Ft
7.3
Acres
2000
Year Built
Single Family
Property Type

About This Home

Lovely Watertown home atop a gentle hill. Unrestricted. 7+ acres. Private. Peace & Quiet. Owner Finance avail at 5% interest, with 20% down. No bank qualifying required. View 3D tour @ https://youriguide.com/3203_statesville_rd_watertown_tn Over 117K spent on major repairs and improvements. List of improvements available. Idyllic homestead. Desirably tucked away on the quiet side of Sparta Pike (hwy 70). Horses, chickens, livestock, hunting, etc., OK. Long asphalt driveway. House is a good distance from main road. Additional gravel driveway at south end of property. School bus passes by daily; Watertown schools. “Tree-house” views from the newly built, wrap-around-porch deck (approx 589 sqft). Attached garage and storage below deck (approx 333 sqft). Large enough for seller’s full size SUV. Energy efficient windows installed, new HVAC duct system and (2021) Rheem HVAC unit. Steel I-Beam Foundation Reinforcement, septic field lines replaced (2021). Under-kitchen-sink Water Drop drinking filtration system. First-floor Owners Suite. About 5 minutes to Urgent Care, pharmacy, grocery stores, gas, gym, bank, post office, coffee shop, salon.. About 20 minutes from fast-growing Lebanon, TN. - where you’ll find a hospital, Sheriff's Office, Walmart Superstore, Starbucks, restaurants, big box stores... About 35-40 minutes East of Nashville BNA Airport. Low property taxes. Only pay county tax. On City water. Excellent high speed internet. Strong cell phone service. https://www.zillow.com/homedetails/3203-Statesville-Rd-Watertown-TN-37184/80368135_zpid/?view=public

Location

3203 Statesville Road, Watertown, TN 37184

Owner Finance Terms

Monthly Payment
$4,000
Purchase Price
$619,000
Down Payment Required
$125,000
Term Length
10 years
Rent Credit Monthly
None
Early Payoff
✓ Available
Rent Escalation
No escalation
Balloon Payment
Required

Responsibilities

Exterior Repairs
Resident responsible
Interior Repairs
Resident responsible
Major Systems
Resident responsible
Property Taxes
Seller pays
Insurance
Seller pays
Utilities
Resident pays
Property Condition
Sold as-is
Repair Credits
Not applicable

Qualification Requirements

Credit Check✓ No credit check required
Income Verification✓ Not required
Background Check✓ Not required
Minimum Income$6,000/month

Transparency & Documentation

Existing Mortgage
⚠️ Yes — ask seller
Memorandum of Option
Not specified
Title Insurance
Not offered
Attorney Prepared Docs
✓ Attorney prepared
TN✅ Owner Finance Friendly

Owner finance agreements are subject to state and local laws. Always consult a licensed real estate attorney in TN before signing any agreement.

Find a TN Real Estate Attorney →

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Owner Finance
Option price: $619,000 · 10 year term
✓ No Credit Check✓ Early Payoff✓ Pets OK✓ Attorney Docs
Analyze This Deal

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