539 E  Peter Ave, Monterey, TN 38574
Property image
Property image
FOR SALE
3D VIEW
1.16 ACRES

$89,000

Original price: $119,000
  • 3 Beds
  • 1 Bath
  • 1,149 sqft (on 1.16 acres)

539 E Peter Ave, Monterey, TN 38574

Est. Mortgage $563/mo*
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Home Highlights

Parking
None
Outdoor
Porch
Price/Sqft
$77
Listed
92 days ago
Climate Control
Natural Gas & Wall Units

Local Information

  • Map ViewExplore the area around 539 E Peter Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

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!, Monterey High School/Burk
Last check for updates: about 11 hours ago
Listing courtesy of Charity Norrod
Highlands Elite Real Estate LLC, (931) 400-8820
Source: UCMLS, MLS#244682

Home Details for 539 E Peter Ave

Interior Features

Interior Details
Number of Rooms: 5Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1149 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Electric Range, Electric Water HeaterLaundry: Main LevelRefrigerator
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Fireplace: Wood Burning StoveHas a Fireplace
Gas & Electric
Electric: FusesGas: Natural Gas
Windows, Doors, Floors & Walls
Window: Single Pane WindowsFlooring: Vinyl, Carpet
Levels, Entrance, & Accessibility
Levels: OneFloors: Vinyl, Carpet
View
View: No Water Frontage View Description

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Porch, CoveredOther Structures: Outbuilding
Parking & Garage
No CarportNo GarageNo Attached GarageParking: None
Frontage
Waterfront: No Water Frontage View DescriptionRoad Surface Type: Paved

Days on Market

Days on Market: 92

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Stone, FrameDoes Not Include Home Warranty
Property Information
Parcel Number: 004.00

Price & Status

Price
List Price: $89,000Price Per Sqft: $77

Active Status

MLS Status: Active

Location

Direction & Address
City: MONTEREYCommunity: None

Agent Information

Listing Agent
Listing ID: 244682

Building

Building Area
Building Area: 1149 Square Feet

HOA

No HOA

Lot Information

Lot Area: 1.16 Acres

Miscellaneous

Mls Number: 244682Water View: No Water Frontage View DescriptionAttribution Contact: 9314008820

Additional Information

HOA Amenities: None

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Monterey

At least 9 Trulia users voted on each feature.
  • 91 % Say it's dog friendly

  • 89 % Say yards are well-kept

  • 88 % Say parking is easy

  • 73 % Say there's wildlife

  • 70 % Say kids play outside

  • 69 % Say there's holiday spirit

  • 66 % Say neighbors are friendly

  • 64 % Say they plan to stay for at least 5 years

  • 62 % Say car is needed

  • 60 % Say it's quiet

  • 50 % Say there are community events

  • 50 % Say people would walk alone at night

  • 50 % Say it's walkable to grocery stores

  • 44 % Say it's walkable to restaurants

  • 36 % Say there are sidewalks

  • 20 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Norm B.
    "We are retired and do not work in the surrounding area."
  • Mcp1947
    "Cumberland Cove is a planned community with most lots being acreage There is a community center with ongoing activities, a golf course and private bluff view parks with hiking trails. Abundant wildlife. Private security patrol. Minutes from Cookeville and Crossville via interstate. One hour to Knoxville or Nashville"

Market trends in Monterey

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
80
14
MoM

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.39
Single-Family Home
$359,000
09/23/25
3
2
2,200
0.57
Single-Family Home
$260,000
05/01/26
4
2
1,415
0.73
Single-Family Home
$177,000
05/08/26
2
1
784

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.19
$145,400
2
1
864
Off Market
0.20
$39,000
-
-
-
Recently Sold
0.28
$275,000
3
2
1,288
For Sale
0.28
$275,000
3
2
1,288
For Sale
0.32
$224,200
3
1
1,260
Off Market
0.28
-
-
-
-
Off Market
0.36
$278,500
3
2
1,888
Off Market
0.39
$277,100
2
2
1,944
Off Market
0.38
$221,300
4
2
2,560
Off Market
0.39
$360,300
3
2
2,200
Off Market
0.49
$319,000
3
2
1,378
For Sale

Price and Tax history

DateEventPrice
Aug 1, 2026
Source: UCMLS #244682
PriceChange
$89,000
Price decreased by 25%
Jul 23, 2026
Source: UCMLS #244682
PriceChange
$119,000
Price decreased by 14%
Jun 15, 2026
Source: UCMLS #244682
PriceChange
$139,000
Price decreased by 7%
May 28, 2026
Source: UCMLS #244682
Listed For Sale
$149,000

LGBTQ Local Legal Protections

Charity Norrod, Highlands Elite Real Estate LLC, (931) 400-8820
Copyright 2026 Upper Cumberland Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors. Some or all of the listings displayed may not belong to the firm whose website is being visited.

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Frequently asked questions about 539 E Peter Ave

  • What is the estimated monthly payment for 539 E Peter Ave?
    Based on a $89,000 list price with 20% down at today's rates, the estimated monthly payment for 539 E Peter Ave in Monterey, TN is approximately $572 (about $466 principal & interest, $31 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Monterey?
    Residents describe Monterey, TN as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Monterey, TN.
  • What are the closest schools to 539 E Peter Ave?
    The closest schools to 539 E Peter Ave in Monterey, TN are Burks Middle School (Pre-K/Elementary, rated 7/10), Monterey High School (Middle, rated 4/10).
  • Does 539 E Peter Ave have air conditioning?
    Yes, 539 E Peter Ave in Monterey, TN has air conditioning.
  • Does 539 E Peter Ave have laundry facilities?
    Yes, 539 E Peter Ave in Monterey, TN has laundry facilities.
  • How big is the lot at 539 E Peter Ave?
    The lot at 539 E Peter Ave in Monterey, TN is about 1.2 acres.
539 E Peter Ave, Monterey, TN 38574 is a 3 bedroom, 1 bathroom, 1,149 sqft single-family home built in 1920. This property is currently available for sale and was listed by UCMLS on May 28, 2026. The MLS # for this home is MLS# 244682.