$380,000
PENDING $70K PRICE DROP

2201 Peerless Rd NW Cleveland, TN 37311

Estimated payment $2,285/month

Total Views 9,983
4 Beds
5 Baths
3,117 Sq Ft
$122 Price per Sq Ft

Highlights

  • In Ground Pool
  • Living Room with Fireplace
  • Wood Flooring
  • Deck
  • 2-Story Property
  • Corner Lot

About This Home

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.

Listing Agent

Ben Phillips

LPT Realty LLC License #376467 Listed on: 05/21/2025

Co-Listing Agent

Sheryl Phillips

LPT Realty LLC License #341238,388066

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1956

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 199' x 199' x 196' x 199'
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Parking Available
  • Side Facing Garage
  • Off-Street Parking

Home Design

  • 2-Story Property
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • Built-In Features
  • Bookcases
  • Crown Molding
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Storage
  • Partially Finished Basement
  • Fireplace in Basement
  • Pull Down Stairs to Attic

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • Dual Closets
  • Walk-In Closet
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry on lower level
  • Sink Near Laundry
  • Washer and Electric Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered patio or porch

Schools

  • Stuart Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Central Air
  • Radiant Ceiling
  • Heat Pump System
  • Gas Available
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 041n J 020.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,229

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Lot Size: 199' x 199' x 196' x 199'
  • Road Frontage Type: City Street, Interstate Access Within 5 Miles, See Remarks
  • Road Surface Type: Asphalt, Concrete
  • Co List Office Mls Id: 17567
  • Co List Office Phone: 877-366-2213
  • Inclusions: Main Floor: Refrigerator, Stove and Dishwasher remain. WORKSHOP downstairs
  • Subdivision Name: None
  • Directions: 25th St NW to right on Peerless. House is on right at corner of Peerless and Zora Dr NW. Sign on Property.
  • Above Grade Finished Sq Ft: 3117.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Living Area: 3117.0
  • New Construction: No
  • Structure Type: House
  • Year Built: 1956
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 041n J 020.00
  • Location Tax and Legal Elementary School: Stuart Elementary
  • Location Tax and Legal Middle Or Junior School2: Cleveland Middle
  • Location Tax and Legal High School: Cleveland High
  • Location Tax and Legal:Tax Annual Amount: 2228.61
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information:Bathrooms Half: 2
  • General Property Information Above Grade Finished Area: 3117.0
  • General Property Information Below Grade Finished Area: 1179.0
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 0.9004
  • General Property Information Lot Size Square Feet2: 39220.82
  • General Property Information Lot Size Dimensions: 199' x 199' x 196' x 199'
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: Yes
  • General Property Information Fireplace YN: Yes
  • General Property Information Spa YN: No
  • General Property Information Senior Community YN: No
  • Utilities:Cable Available: Yes
  • Utilities Sewer Connected: Yes
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Levels:Two: Yes
  • Flooring:Carpet: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Tile: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Utilities Phone Available: Yes
  • Sewer:Public Sewer: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Foundation Details Block2: Yes
  • Fencing Fenced: Yes
  • Laundry Features Laundry Room: Yes
  • Interior Features En Suite: Yes
  • Interior Features Separate Dining Room: Yes
  • Fencing Back Yard: Yes
  • Fencing Wood4: Yes
  • Patio And Porch Features Porch - Covered: Yes
  • Architectural Style Ranch: Yes
  • Utilities Natural Gas Available: Yes
  • Laundry Features:Main Level: Yes
  • Pool Features In Ground: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Appliances Water Heater2: Yes
  • Structure Type:House: Yes
  • Attic Features Pull-Down Stairs: Yes
  • Laundry Features:Inside: Yes
  • Laundry Features In Hall: Yes
  • Laundry Features:Upper Level: Yes
  • Laundry Features:Lower Level: Yes
  • Laundry Features:Sink: Yes
  • Flooring Parquet: Yes
  • Special Features: None

Interior Features

  • Private Spa: No
  • Appliances: Water Heater, Refrigerator, Gas Water Heater, Free-Standing Refrigerator, Free-Standing Range, Dishwasher
  • Has Basement: Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1179.0
  • Fireplace Features: Basement, Gas Log, Living Room
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Combination, Hardwood, Parquet, Tile, Varies
  • Interior Amenities: Bookcases, Built-in Features, Crown Molding, Double Closets, En Suite, Pantry, Separate Dining Room, Soaking Tub, Storage, Walk-In Closet(s)
  • Appliances Dishwasher: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Pantry: Yes
  • Community Features:None4: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Fireplace Features:Living Room2: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Free-Standing Range: Yes
  • Interior Features:Storage2: Yes
  • Appliances:Free-Standing Refrigerator: Yes
  • Interior Features:Double Closets: Yes
  • Interior Features:Bookcases: Yes
  • Basement:Partially Finished: Yes
  • Fireplace Features:Basement2: Yes

Exterior Features

  • Fencing: Back Yard, Fenced, Wood
  • Lot Features: Back Yard, Cleared, Corner Lot, Front Yard, Level, See Remarks
  • Pool Features: In Ground, Outdoor Pool
  • View: No
  • Waterfront: No
  • Disclosures: Other
  • Home Warranty: No
  • Construction Type: Brick, Other
  • Exterior Features: Private Yard
  • Foundation Details: Block
  • Patio And Porch Features: Deck, Front Porch, Porch - Covered
  • Roof: Shingle
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Deck: Yes
  • Lot Features:Level: Yes
  • Exterior Features:Private Yard: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Corner Lot: Yes
  • Pool Features:Outdoor Pool: Yes
  • Lot Features:Front Yard2: Yes
  • Patio And Porch Features:Front Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Basement, Concrete, Garage, Garage Faces Side, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Garage Faces Side: Yes
  • Parking Features:Basement: Yes
  • Parking Features:Concrete3: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, In Hall, Inside, Laundry Room, Lower Level, Main Level, Sink, Upper Level, Washer Hookup, See Remarks
  • Security: See Remarks
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Ceiling, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Ceiling: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: None
  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Stuart Elementary
  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Lot Info

  • Lot Size Sq Ft: 39220.82
  • Additional Parcels: No
  • Parcel #: 041n J 020.00

Tax Info

  • Tax Annual Amount: 2228.61

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,018 $70,700 $14,100 $56,600
2023 $2,229 $70,700 $14,100 $56,600
2022 $2,229 $70,700 $14,100 $56,600
2021 $2,229 $70,700 $0 $0
2020 $2,264 $70,700 $0 $0
2019 $2,264 $58,925 $0 $0
2018 $2,428 $0 $0 $0
2017 $1,214 $0 $0 $0
2016 $2,205 $0 $0 $0
2015 $2,205 $0 $0 $0
2014 $1,122 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $380,000 -2.5% $88 / Sq Ft
05/22/2025 05/22/25 Price Changed $389,900 -2.5% $91 / Sq Ft
04/24/2025 04/24/25 Price Changed $399,900 -6.1% $93 / Sq Ft
04/11/2025 04/11/25 Price Changed $425,900 -5.3% $99 / Sq Ft
03/25/2025 03/25/25 For Sale $449,900 -- $105 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $270,000 Purchase Money Mortgage
Previous Owner $120,000 No Value Available
Previous Owner $160,000 No Value Available
Previous Owner $100,000 No Value Available
Previous Owner $20,000 No Value Available
Source: Public Records

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Source: Greater Chattanooga REALTORS®

MLS Number: 1509740

Greater Chattanooga REALTORS®

APN: 041N-J-020.00