Under contract - not showing

Price cut: $5K (7/23)

$509,900

240 Lower Woods Trl NE, Cleveland, TN 37323

4beds

2,131sqft

$2,894/mo

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Single Family Residence, Residential

Built in 2017

0.9 Acres Lot

$-- Zestimate^®

$239/sqft

$6/mo HOA

What's special

Functional two-story layoutWood deckInviting outdoor space

Spacious and well maintained, this 4 bedroom, 3 bath home offers over 2,100 square feet of living space on a generous 0.89-acre lot in a convenient Cleveland location just off Michigan Avenue. Built in 2017, the home features a functional two-story layout, attached 2-car garage, septic system, inviting outdoor space, wood deck, and plenty of room to enjoy the yard. A standout feature is the below-ground storm shelter, offering valuable peace of mind during East Tennessee weather. With a comfortable setting and convenient access to schools, shopping, dining, and major routes, this property is a great opportunity for buyers looking for space, convenience, and added peace of mind. Schedule your private showing today!

47 days

551

39

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Main level bedrooms: 3

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Appliances

Included: Oven, Cooktop, Electric Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Air Filter, Ceiling Fan(s), Extra Closets, High Ceilings, Open Floorplan, Pantry, Smart Light(s), Smart Thermostat, Walk-In Closet(s), High Speed Internet
Flooring: Wood
Basement: Partially Finished
Number of fireplaces: 1
Fireplace features: Family Room

Interior area

Total structure area: 2,131
Total interior livable area: 2,131 sqft
Finished area above ground: 2,131

Property

Parking

Total spaces: 2
Parking features: Garage Door Opener, Garage Faces Side
Garage spaces: 2

Features

Levels: One
Stories: 2
Patio & porch: Deck, Covered, Porch
Exterior features: Smart Lock(s)

Lot

Size: 0.9 Acres

Details

Additional structures: Storm Shelter
Parcel number: 051I D 00300 000
Special conditions: Standard
Other equipment: Air Purifier

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence, Residential

Materials

Vinyl Siding
Roof: Shingle

Condition

New construction: No
Year built: 2017

Utilities & green energy

Sewer: Septic Tank
Water: Public
Utilities for property: Water Available, Cable Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: Fairlawn

HOA

Has HOA: Yes
Services included: Maintenance Grounds
HOA fee: $70 annually

Location

Region: Cleveland

Financial & listing details

Price per square foot: $239/sqft
Tax assessed value: $507,600
Annual tax amount: $1,536
Date on market: 6/11/2026

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/25/2026	Pending sale	$509,900$239/sqft
Source: RCAR #20263041 Report a problem
7/25/2026	Contingent	$509,900$239/sqft
Source: RCAR #20263041 Report a problem
7/23/2026	Price change	$509,900-1%$239/sqft
Source: RealTracs MLS as distributed by MLS GRID #3239604 Report a problem
6/11/2026	Listed for sale	$514,900+81.6%$242/sqft
Source: RCAR #20263041 Report a problem
9/1/2017	Sold	$283,500$133/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	--	$126,900 +56.2%
2024	$1,444	$81,250
2023	$1,444	$81,250
2022	$1,444	$81,250
2021	$1,444 +12.8%	$81,250 +41%
2019	$1,280 +5.1%	$57,625
2018	$1,219 +0.1%	--
2017	$1,218 +795.6%	--
2016	$136	--
2015	$136 +0.7%	--
2014	$135	--
2013	--	--

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 37323

Getting around

0 / 100

Car-Dependent

Nearby schools

GreatSchools rating

8/10
Michigan Avenue Elementary School
Grades: PK-5Distance: 0.6 mi
6/10
Ocoee Middle School
Grades: 6-8Distance: 3.2 mi
7/10
Walker Valley High School
Grades: 9-12Distance: 7.7 mi

Schools provided by the listing agent

Elementary: Michigan Avenue Elementary School
Middle: Ocoee Middle School
High: Bradley Central High School

Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.