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For sale
  • $369,000

    271 Anderson Rd, Palmer, TN 37365

    3beds
    3,132sqft
    : 
    Single Family Residence
    Built in 1986
    5.64 Acres Lot
    $-- Zestimate®
    $118/sqft
    $-- HOA

    What's special

    Established yardBrand new shingle roofBig shade treesBasement rancherHuge separate dining roomGlassed-in sunroomSprawling main level
    An opportunity, the likes of which you won't see very often, at a New Price! This beautiful, secluded, brick, basement rancher has the bones, you provide the imagination & finishing touches! The views are so beautiful from this home in the center of this 5.6 acre location, overlooking gorgeous Mennonite farmland, and a mile or so from Savage Gulf Park East Entrance, where you can hike to waterfalls a short distance from this property. Your neighbors are primarily Mennonite farmers with only one other home located on Anderson Road, but you really can't see it from the house. Made handicap accessible for the past owners. This once loved home with an unused well and public water, needs updates and some work on the basement, however, the house has a brand new shingle roof and the sellers offer a $1000 water heater stipend. Where else would you find a sunken living room these days? Very unique! A possible FHA/repair loan might be an option, and the sellers are willing to work with buyers to facilitate the required repairs, if necessary. The possibilities are endless with this sprawling main level rear entrance home. It boasts a huge separate dining room and a glassed-in sunroom just off the open kitchen, which has enough room for a huge island to be added, if you want. The established yard with it's big shade trees and flower beds full of perennial flowers is a huge plus. There are many pluses to discover on this property without a doubt, just being so near Dunlap and McMinnville, Fall Creek Falls or Rock Island, but also being on the gorgeous highly sought after Cumberland Plateau with it's summer breezes makes this a must see. Make your appointment to view it today! (Prequalification letter required to view, please). Call listing agent for assistance with getting prequalified, or for an appointment now or you'll kick yourself for missing out on this perfect business or home flip opportunity! Salvage Gulf owns the land behind. Not on Broker Bay Call listing agent!
    208 days
    |
    1,860
    |
    131
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 06, 2025 at 02:10pm

    Listed by:

    Michelle Collier 423-619-0957,

    Collier & Company Realty, LLC 423-619-0957

    Source: Greater Chattanooga Realtors,MLS#: 1514806

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Free-Standing Electric Range, Refrigerator, Range Hood
    • Laundry: Laundry Room
    Features
    • Basement: Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 3,132
    • Total interior livable area: 3,132 sqft
    • Finished area above ground: 3,132
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Basement, Driveway, Garage, Gravel, Off Street, Kitchen Level
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Stories: 1
    • Exterior features: Rain Gutters
    • Has view: Yes
    Lot
    • Size: 5.64 Acres
    • Dimensions: 1058 x 1169 x 717 x 36
    Details
    • Parcel number: 039 016.08

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick, Frame, Vinyl Siding
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1986

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Connected, Water Connected

    Community & HOA

    Community
    • Subdivision: None
    HOA
    • Has HOA: No
    Location
    • Region: Palmer

    Financial & listing details

    • Price per square foot: $118/sqft
    • Tax assessed value: $60,000
    • Annual tax amount: $1,380
    • Date on market: 6/15/2025
    • Listing terms: Cash,Conventional,FHA,Special Funding
    • Inclusions: Hot Water Heater stipend $1000
    Get pre-qualifiedBe ready to make an offer.
    Connect with an agentGet info on this home, tour, and more.
    Calculate monthly paymentSee if you can afford this home.

    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    8/3/2025Price change$369,000-4.7%$118/sqft
    Source: Greater Chattanooga Realtors #1514806 Report a problem
    6/15/2025Listed for sale$387,000-0.7%$124/sqft
    Source: Greater Chattanooga Realtors #1514806 Report a problem
    6/10/2025Listing removed$389,900$124/sqft
    Source: Greater Chattanooga Realtors #1504270 Report a problem
    3/5/2025Price change$389,900-2.5%$124/sqft
    Source: Greater Chattanooga Realtors #1504270 Report a problem
    1/8/2025Price change$399,900-4.8%$128/sqft
    Source: Greater Chattanooga Realtors #1504270 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$214 $15,000
    2023$214 -17.9%$15,000 +27.4%
    2022$261 $11,775

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $2,052/mo
    Principal & interest
    $1794
    Property taxes
    $129
    Home insurance
    $129

      Climate risks

      Neighborhood: 37365

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Swiss Memorial Elementary
      • Middle: Grundy County Middle
      • High: Grundy County 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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