$387,000

271 Anderson Rd Palmer, TN 37365

$4,596
Closing credit¹
3 beds
2 full
2,650 sqft
5.6 acres
$146 / sqft
House

Property details

About 271 Anderson Rd

An opportunity, the likes of which you won't see very often! This beautiful, secluded, brick, full basement rancher has the bones, you provide the imagination and finishing touches! The views are so beautiful from this home in the center of this 5.6 acre location, overlooking gorgeous farmland, and a mile or so from Savage Gulf Park, 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!

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air, Electric
Size2,650 sqft
BasementYes
Lot size5.64 Acres
Year built1986
ParkingBasement, Driveway, Garage, Gravel, Kitchen Level, Off Street
MLS #1514806
Attached garage1 space
FireplaceLiving Room

Summary

  • Full Bathrooms: 2
  • Appliances: Refrigerator, Range Hood, Electric Range, ENERGY STAR Qualified Refrigerator, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Appliances, Dishwasher, Range
  • Basement: Yes
  • Fireplace: Living Room
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Basement, Driveway, Garage, Gravel, Kitchen Level, Off Street
  • Exterior: Gutters
  • Architectural Style: Ranch
  • Heating: Electric
  • Cooling: Central Air, Electric
  • List Price: $387,000
  • Price/SqFt: $146
  • 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
  • Year Built: 1986
  • Living Area: 2,650 SqFt
  • Lot Size: 5.64 Acres
  • MLS Number: 1514806
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: Collier & Company Realty, LLC
  • Office Phone: (423) 619-0957
  • Office Email: collier@bledsoe.net

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/24/2025, 12:40:34 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

271 Anderson Rd, Palmer, TN 37365 - single story home with a front yard, a porch, and brick siding

$387,000

271 Anderson Rd

$4,596

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 22, 2023
Home Sold
$300,000

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

5

Griffith Elementary School

Public District PK-4

9.9 mi

173 Jones Dr

6

Whitwell Elementary School

Public District PK-4

17.2 mi

150 Tiger Trl

5

Hickory Creek Elementary School

Public District PK-5

20.7 mi

270 Pioneer Ln

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $31,270. Most Palmer, TN residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

55%
<35k
40%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

37%
Single, No Kids
8%
Single, with Kids
31%
Married, No Kids
24%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
16%
18-34 yrs old
45%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • Monster TrucksMonster Trucks
  • HuntingHunting

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 271 Anderson Rd

The listing price of 271 Anderson Rd property is $387,000.

The property 271 Anderson Rd is a house located in Palmer, Tennessee, 37365.

Active Listing: 271 Anderson Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 271 Anderson Rd are: Griffith Elementary School (GreatSchools Rating 5/10), Whitwell Elementary School (GreatSchools Rating 6/10), Hickory Creek Elementary School (GreatSchools Rating 5/10), Swiss Memorial Elementary School (GreatSchools Rating 5/10), North Elementary School (GreatSchools Rating 5/10), Sequatchie County Middle School (GreatSchools Rating 4/10), Sequatchie County High School (GreatSchools Rating 5/10), Grundy County High School (GreatSchools Rating 5/10), Whitwell High School (GreatSchools Rating 6/10).

The last sale was on August 22, 2023 for $300,000 (source: MLS/tax record).

The property at 271 Anderson Rd has 3 bedrooms and 2 bathrooms.

The property 271 Anderson Rd is 2,650 SqFt (source: MLS/tax record).

The year of construction for 271 Anderson Rd is 1986.

This home is located at 271 Anderson Rd in Palmer, TN and zip code 37365. This 2,650 square foot home, which was built in 1986, sits on a 5.64 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 15, 2025 and is currently priced at $387,000.

In May 2025, from all listings sold in Palmer, TN there were more than 0 sold above asking price, over 3 sold below and more than 0 were sold right at the asked price. The number of listings in Palmer, TN increased by 11.1% between April and May 2025. In May 2025 median list price was $150,000 and the average listing age was 117 days.

From Rocket Homes Real Estate and based on county public records data.

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