$369,000
$18K PRICE DROP

271 Anderson Rd Palmer, TN 37365

Estimated payment $2,110/month

Total Views 8,350
3 Beds
2 Baths
2,650 Sq Ft
$139 Price per Sq Ft

Highlights

  • No HOA
  • Brick Exterior Construction
  • Laundry Room
  • 1 Car Attached Garage
  • Views
  • Accessible Approach with Ramp

About This Home

An opportunity, the likes of which you won't see very often, at a New Price! Just in time for the new water pad! 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 remediation for 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, for starters. 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! Not on Broker Bay Call listing agent/off

Listing Agent

Michelle Collier

Collier & Company Realty, LLC License #292936 Listed on: 06/15/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1986

Lot Details

  • 5.64 Acre Lot
  • Lot Dimensions are 1058x1169x717x36

Parking

  • 1 Car Attached Garage
  • Basement Garage
  • Parking Accessed On Kitchen Level
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,650 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room
  • Property Views
  • Unfinished Basement

Kitchen

  • Built-In Range
  • Range Hood
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Enhanced Accessible Features
  • Accessible Approach with Ramp

Schools

  • Swiss Memorial Elementary School
  • Grundy County Middle School
  • Grundy County High School

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Additional Features

  • Rain Gutters
  • Bureau of Land Management Grazing Rights

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 039/016.08

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,380

Year Built

Built in 1986

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 5.64
  • Lot Size: 1058x1169x717x36
  • Inclusions: Hot Water Heater stipend $1000
  • Subdivision Name: None
  • Directions: From Hwy 111 to 399 towards Grundy Co. pass Savage Gulf Park and turn right onto Stage Coach Road then right onto Anderson Road. Home on the left. SOP
  • Above Grade Finished Sq Ft: 2650.0
  • Architectural Style: Ranch
  • Carport Y N: No
  • Garage Yn: Yes
  • Living Area: 2650.0
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1986
  • Cooling:Electric: Yes
  • Appliances Refrigerators: Yes
  • Location Tax and Legal Parcel Number2: 039/016.08
  • Location Tax and Legal Elementary School: Swiss Memorial Elementary
  • Location Tax and Legal Middle Or Junior School2: Grundy County Middle
  • Location Tax and Legal High School: Grundy County High
  • Location Tax and Legal:Tax Annual Amount: 1380.0
  • Location Tax and Legal Additional Parcels YN: No
  • General Property Information Above Grade Finished Area: 2650.0
  • General Property Information Enhanced Accessible2: Yes
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: Yes
  • General Property Information Carport YN: No
  • General Property Information Lot Size Acres: 5.64
  • General Property Information Lot Size Square Feet2: 245677.0
  • General Property Information Lot Size Dimensions: 1058x1169x717x36
  • General Property Information View YN2: Yes
  • 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
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Foundation Details Block2: Yes
  • Laundry Features Laundry Room: Yes
  • General Property Information Stories2: 1
  • Architectural Style Ranch: Yes
  • Parking Features Kitchen Level2: Yes
  • Utilities:Phone Connected: Yes
  • General Property Information Below Grade Unfinished Area: 2650.0
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Appliances: Refrigerator, Range Hood, Free-Standing Electric Range, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Appliances, Electric Range, Dishwasher, Built-In Range
  • Accessibility Features: Accessible Approach with Ramp
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Basement:Unfinished: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Free-Standing Electric Range: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Range Hood: Yes
  • Fireplace Features:Living Room2: Yes
  • Appliances:Built-In Range: Yes
  • Appliances:ENERGY STAR Qualified Appliances: Yes
  • Appliances:ENERGY STAR Qualified Refrigerator: Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes

Exterior Features

  • View: Yes
  • Waterfront: No
  • Disclosures: None
  • Home Warranty: No
  • Construction Type: Brick, Frame, Vinyl Siding
  • Exterior Features: Rain Gutters
  • Foundation Details: Block
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Rain Gutters: Yes
  • Accessibility Features:Accessible Approach with Ramp: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Basement, Driveway, Garage, Gravel, Kitchen Level, Off Street
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Driveway: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Off Street: Yes
  • Parking Features:Basement: Yes
  • Parking Features:Gravel: Yes

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Phone Connected, Water Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Swiss Memorial Elementary
  • High School: Grundy County High
  • Middle Or Junior School: Grundy County Middle

Lot Info

  • Lot Size Sq Ft: 245677.0
  • Additional Parcels: No
  • Parcel #: 039/016.08

Tax Info

  • Tax Annual Amount: 1380.0

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 $590 $41,375 $23,125 $18,250
2023 $590 $56,425 $38,175 $18,250
2022 $2,335 $105,525 $44,725 $60,800
2021 $2,335 $105,525 $44,725 $60,800
2020 $2,407 $108,775 $47,975 $60,800
2019 $2,055 $91,075 $54,475 $36,600
2018 $2,055 $80,950 $41,000 $39,950
2017 $2,055 $80,950 $41,000 $39,950
2016 $2,055 $80,950 $41,000 $39,950
2015 $2,055 $80,950 $41,000 $39,950
2014 $2,054 $80,911 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2025 08/03/25 Price Changed $369,000 -4.7% $139 / Sq Ft
06/15/2025 06/15/25 For Sale $387,000 -74.2% $146 / Sq Ft
08/18/2023 08/18/23 Sold $1,500,000 -16.7% $268 / Sq Ft
06/25/2023 06/25/23 Off Market $1,800,000 -- --
05/26/2023 05/26/23 For Sale $1,800,000 -- $322 / Sq Ft
Source: Greater Chattanooga REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $4,594 None Listed On Document
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- --
Deed -- --
Deed $5,000 --
Warranty Deed $17,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,690 New Conventional
Previous Owner $15,000 No Value Available
Previous Owner $153,396 No Value Available
Source: Public Records

Source: Greater Chattanooga REALTORS®

MLS Number: 1514806

Greater Chattanooga REALTORS®

APN: 039-016.00