Sold for $365,000 on 08/08/25
$365,000
2201 Peerless Rd NW, Cleveland, TN 37311
4beds
3,117sqft
Single Family Residence
Built in 1956
0.9 Acres Lot
$368,400 Zestimate®
$117/sqft
$2,904 Estimated rent
Home value
$368,400
$317,000 - $427,000
$2,904/mo
Zestimate® history
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What's special
MOTIVATED SELLER! PRIME LOCATION in NW Cleveland, TN!
INVESTOR OPPORTUNITY — Includes possible buildable extra lot!
Seller has options to provide up to $10,000 in closing costs or buy down interest rate!
Spacious 4,296 sq ft home is priced to sell at just $93..09/sq ft**, an exceptional value for a property of this size, location, and potential. Set on nearly one acre with in-ground pool, this home lives like a 5-6 bedroom, making it ideal for investors, multi-generational families, or anyone looking to customize a large home to their lifestyle.
**Taken from CRS data & considered accurate.
SUMMER-READY with a fenced, level backyard, in-ground pool, and a newer pool pump!
Main floor features 3 bedrooms, with each bedroom having an En Suite Bathroom—a rare find! The primary suite includes dual walk-in closets, while the large living room with gas fireplace flows into a formal dining room and full kitchen. A half-bath sits off the dining area.
The Basement includes a Den with fireplace, Bedroom, Half-Bath, Ktchenette, Workshop, Laundry hook-ups, and spacious 2-car Garage, perfect for a mother-in-law suite or rental conversion.
🛠️ The home is fully livable but dated—some finishes reflect its age, offering the perfect canvas for updates without needing to gut or overhaul. Seller is offering 10k allowance for remodel with increased price by same amount desired. Only available if appraisal allows and we are confident so bring them an offer!
Flooring includes a mix of original hardwood, newer hardwood, tile, parquet, and carpet. Other features include two additions (approx. 30 years old), a laundry room with utility sink, and pull-down attic access.
💡 Estate Sale - some belongings remain, but bring your vision and creativity! With a few updates, this could be one of the best investments in the area.
📞 Don't wait—call your favorite REALTOR® today. Opportunities like this don't come often!
Buyers are responsible to do their due diligence.
Zillow last checked: 8 hours ago
Listing updated: August 08, 2025 at 02:24pm
Listed by:
Ben Phillips 423-645-4444,
LPT Realty LLC,
Sheryl Phillips 423-432-9436,
LPT Realty LLC
Bought with:
Kelli R Paul, 254520
Bender Realty
Source: Greater Chattanooga Realtors,MLS#: 1509740
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Heating
- Ceiling, Heat Pump
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Free-Standing Refrigerator, Free-Standing Range, Gas Water Heater, Refrigerator, Water Heater
- Laundry: Electric Dryer Hookup, In Hall, Inside, Lower Level, Laundry Room, Main Level, Sink, See Remarks, Upper Level, Washer Hookup
Features
- Built-in Features, Bookcases, Crown Molding, His and Hers Closets, Pantry, Soaking Tub, Storage, Walk-In Closet(s), En Suite, Separate Dining Room
- Flooring: Carpet, Combination, Hardwood, Parquet, Tile, Varies
- Basement: Partially Finished
- Number of fireplaces: 2
- Fireplace features: Basement, Gas Log, Living Room
Interior area
- Total structure area: 3,117
- Total interior livable area: 3,117 sqft
- Finished area above ground: 3,117
- Finished area below ground: 1,179
Property
Parking
- Total spaces: 2
- Parking features: Basement, Concrete, Garage, Off Street, Garage Faces Side
- Attached garage spaces: 2
Features
- Levels: Two
- Patio & porch: Deck, Front Porch, Porch - Covered
- Exterior features: Private Yard
- Pool features: In Ground, Outdoor Pool
- Fencing: Back Yard,Fenced,Wood
Lot
- Size: 0.90 Acres
- Dimensions: 199' x 199' x 196' x 199'
- Features: Back Yard, Cleared, Corner Lot, Front Yard, Level, See Remarks
Details
- Parcel number: 041n J 020.00
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Other
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: See Remarks
Community
- Community features: None
Location
- Region: Cleveland
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA
- Road surface type: Asphalt, Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $365,000-3.9%$117/sqft |
Source: Greater Chattanooga Realtors #1509740 Report a problem | ||
| 6/13/2025 | Contingent | $380,000$122/sqft |
Source: | ||
| 5/31/2025 | Price change | $380,000-2.5%$122/sqft |
Source: Greater Chattanooga Realtors #1509740 Report a problem | ||
| 5/21/2025 | Listed for sale | $389,900-2.5%$125/sqft |
Source: Greater Chattanooga Realtors #1509740 Report a problem | ||
| 5/7/2025 | Contingent | $399,900$128/sqft |
Source: Greater Chattanooga Realtors #1509740 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $110,300 +56% |
| 2024 | $1,018 | $70,700 |
| 2023 | $1,018 | $70,700 |
Find assessor info on the county website
Neighborhood: 37311
Nearby schools
GreatSchools rating
- 3/10George R StuartGrades: PK-5Distance: 0.3 mi
- 4/10Cleveland Middle SchoolGrades: 6-8Distance: 1.7 mi
- 7/10Cleveland High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Stuart Elementary
- Middle: Cleveland Middle
- High: Cleveland High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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$368,400
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