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197 Sheep Ranch Rd

Cleveland, TN 37323

3 bd 2 ba 2,610 sqft Built 1996 Lot 175,982 sqft single_family
Most recent sale
$490,000
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2025 Sold $580,000 Chattanooga
Feb 20, 2025 Price changed $587,900 RealTracs
Feb 3, 2025 Listed $590,000 RealTracs
Sep 2, 2022 Sold $490,000 MLS #20221946
May 13, 2022 Price changed $495,000 MLS #1353425
May 6, 2022 Price changed $510,000 MLS #1353425
Apr 18, 2022 Listed $525,000 MLS #1353425
Feb 26, 2001 Sold $179,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $102,175 $8,725 $110,900 $1,342
2024 $102,175 $8,725 $110,900 $1,166
2022 $59,725 $5,875 $65,600 $1,166
2021 $59,725 $5,875 $65,600 $1,166
2020 $45,950 $4,775 $50,725 $1,127
2019 $45,950 $4,775 $50,725 $1,127
2018 $45,950 $4,775 $50,725 $1,073
2017 $45,950 $4,775 $50,725 $1,279
2016 $42,050 $4,225 $46,275 $1,070
2015 $46,275 $1,061
2014 $46,275 $1,256
2013 $46,275 $1,163
2012 $51,350 $1,092
2011 $51,350 $1,092
2010 $51,350 $1,092
2009 $51,350 $1,092
2008 $45,025 $1,086
2007 $45,025 $1,086

Property facts

Year built
1996
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,610 sqft
Lot size
175,982 sqft
ZIP code
37323
City
Cleveland
Street
Sheep Ranch Rd
Coordinates
35.07388, -84.86421

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,915
Gross rental yield
9.59%
Implied cap rate
6.23%
Trend-extrapolated value

Frequently asked questions

When did 197 Sheep Ranch Rd last sell?
197 Sheep Ranch Rd most recently sold on Sep 2, 2022 for $490,000.
What is the current tax assessment for 197 Sheep Ranch Rd?
The most recent total assessment for 197 Sheep Ranch Rd (year 2025) is $110,900 with $1,342 in property tax.
How does 197 Sheep Ranch Rd's assessment compare to its last sale price?
The current assessment is 77.4% below the last sale price of $490,000.
When was 197 Sheep Ranch Rd built?
197 Sheep Ranch Rd was built in 1996.
How does 197 Sheep Ranch Rd compare to others on Sheep Ranch Rd?
We track 5 other properties on Sheep Ranch Rd. Browse the list under "Other properties on Sheep Ranch Rd" to compare beds, baths, and sale history.
What are the property facts for 197 Sheep Ranch Rd?
197 Sheep Ranch Rd is a 3 bed, 2 bath, 2,610 sqft, 175,982 sqft lot single_family.
Is 197 Sheep Ranch Rd a flip candidate?
No — 197 Sheep Ranch Rd does not appear in our flips dataset.
Is 197 Sheep Ranch Rd a tax-appeal candidate?
No — 197 Sheep Ranch Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.1%
Implied 1-yr
+4.4%
2026 Q3
$348.5K
2026 Q4
$352K
ZIP 37323 — Median Price History + Forecast

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