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539 East Peter Avenue, Monterey, TN 38574

None · Putnam County

Key Facts

3Beds
1Baths
1,149Sq Ft
1920Year Built

Description

Investment property! Located in the heart of town, this 3-bedroom, 1 bath home is situated on 1.16 acres. Convenient location close to all local schools and amenities. If you're looking for investment property, this one is it!

Property Information

Property Type

Residential

Sub-Type

Single Family Residence

Year Built

1920

Living Area

1,149 sq ft

Lot Dimensions

1.16 acres

Days on Market

3

MLS® Listing#

244682

Property Features

Interior

Ceiling Fan(s)Master Downstairs

Appliances

Electric Water HeaterRefrigeratorElectric Range

Cooling

Ceiling Fan(s)

Heating

Natural Gas

Flooring

VinylCarpet

Parking

None

Laundry

Main Level

Patio

PorchCovered

Construction

FrameStone

Roof

Metal

Utilities

Natural Gas Not Available

Water Source

Public

Financial Details

Annual Taxes

$820

Parcel Number

004.00

Directions

PCCH-Head towards S Lowe Avenue, Turn right onto S Lowe Ave, Turn right onto E Spring St, Turn left onto the I-40 ramp to Knoxville, Merge onto I-40 E, Take exit 300 for US-70N/TN-84 toward Monterey/Livingston. Turn left onto TN-84 N/70N E/ Monterey Hwy, Turn right onto E Stratton Ave, Turn left onto S Chestnut St, Turn right onto Peter Ave, house on right.

Affordability Calculator

$29,800

Estimated monthly payment

$793/mo

Principal $119,200 · Est. interest $166,295 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Monterey, TN

$459,615
Median Listing Price
54
Median Days on Market
2,016
Median Sq Ft
$217
Median Price / Sq Ft
129
Active Listings
  • This home’s price is 68% below the area median.
  • Its price per sq ft is 40% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Monterey, TN.

Location

Map showing the location of 539 East Peter Avenue, Monterey, TN 38574

Points of Interest in Monterey, TN

Showing the Monterey area map.

Nearby Schools

  • Monterey High School

    Secondary · 0.5 mi away

  • Burks Elementary

    Elementary · 0.8 mi away

  • Wilson Elementary

    Elementary · 6.7 mi away

  • Heritage Academy

    School · 7.4 mi away

  • Rickman Elementary

    Elementary · 10.2 mi away

  • White Plains Academy

    School · 11.0 mi away

  • Algood Elementary School

    Elementary · 11.1 mi away

  • Putnam County (TN) Adult Literacy Council

    Secondary · 11.1 mi away

  • Algood Middle School

    Secondary · 11.2 mi away

  • Algood Elementary School

    Elementary · 11.2 mi away

  • Algood Cookeville Head Start

    School · 11.4 mi away

  • Algood Christian Elementary

    Elementary · 11.6 mi away

  • Kids Putnam

    School · 11.8 mi away

  • Northeast Elementary School

    Elementary · 11.9 mi away

  • Algood Elementary School

    Elementary · 12.0 mi away

  • Pleasant Hill Elementary

    Elementary · 12.3 mi away

  • Avery Trace Middle School

    Secondary · 12.6 mi away

  • North Cumberland Elementary

    Elementary · 12.9 mi away

  • Avery Trace Football Field House

    Elementary · 13.1 mi away

  • Cookeville High School

    Secondary · 13.2 mi away

Commute Calculator

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

Moving Cost Estimate

EXIT Agents in Monterey

Listing Courtesy: Highlands Elite Real Estate LLC - 9314008820

Presented by: Charity Norrod

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Upper Cumberland 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. Real estate listings held by brokerage firms other than {{BROKERAGE}}, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Upper Cumberland Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by UpperCumberland. MLS® Listing#244682. © 2026EXIT Realty®. All rights reserved.