Sold for $550,000 on 02/28/25
$550,000
505 Atlantic Rd, New Market, TN 37820
4beds
2,281sqft
Single Family Residence
Built in 1940
3.52 Acres Lot
$-- Zestimate®
$241/sqft
$2,373 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,373/mo
Zestimate® history
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What's special
BACK ON MARKET AT NO FAULT TO SELLER
Welcome to 505 Atlantic Rd. This cozy 1940s brick home has a lot to offer, starting with the 3.52 acres and scenic views with rolling hills and open farm land. The home consists of 4 bedrooms and 2 bathrooms, spacious kitchen perfect for cooking this years holiday meals. 2 bedrooms and one bathroom located on the second floor with new mini split A/C units in each bedroom. The heated and cooled basement can used as a workshop year round. Updated electrical and plumbing allows this home to be more efficient with energy cost. Along with the home there are several buildings throughout the property; 2 car garage with work bench right next to the house and 2 other buildings that are a blank canvas to make your own.
Unique to this property there are 2 additional city water hookups and electrical on the property perfect to place a camper for visitors.
The home had a new roof installed in October 2024 with a warranty.
Conveniently located 30 minutes to Knoxville and 30 minutes to Sevierville you can enjoy the ease of access to the city and escape to the peaceful country side.
Buyer to verify all information they deem important
Zillow last checked: 8 hours ago
Listing updated: February 28, 2025 at 12:29pm
Listed by:
Bosco Allocco 615-497-3511,
Blackwell Realty and Auction
Bought with:
Comps Non Member Licensee
COMPS ONLY
Source: Greater Chattanooga Realtors,MLS#: 1502705
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Propane
Cooling
- Central Air, Multi Units, See Remarks
Appliances
- Included: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Oven
- Laundry: Lower Level
Features
- Flooring: Linoleum, Wood
- Basement: Finished
- Has fireplace: Yes
Interior area
- Total structure area: 2,281
- Total interior livable area: 2,281 sqft
- Finished area above ground: 2,520
- Finished area below ground: 795
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, Garage Door Opener, Gravel
- Garage spaces: 2
Features
- Stories: 2
- Exterior features: Lighting, Rain Gutters, RV Hookup
- Fencing: Front Yard
- Has view: Yes
Lot
- Size: 3.52 Acres
- Dimensions: 153,331
Details
- Parcel number: 045 031.00
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Block
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Water Available, Water Connected
Community & neighborhood
Community
- Community features: None
Location
- Region: New Market
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2025 | Sold | $550,000-2.7%$241/sqft |
Source: Greater Chattanooga Realtors #1502705 Report a problem | ||
| 1/30/2025 | Contingent | $565,000$248/sqft |
Source: Greater Chattanooga Realtors #1502705 Report a problem | ||
| 1/3/2025 | Listed for sale | $565,000$248/sqft |
Source: Greater Chattanooga Realtors #1502705 Report a problem | ||
| 1/1/2025 | Contingent | $565,000$248/sqft |
Source: Greater Chattanooga Realtors #1502705 Report a problem | ||
| 12/9/2024 | Price change | $565,000-1.7%$248/sqft |
Source: Greater Chattanooga Realtors #1502705 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,719 +43.4% | $115,375 +37.6% |
| 2024 | $1,199 -2.5% | $83,850 +56.8% |
| 2023 | $1,230 +5% | $53,475 |
Find assessor info on the county website
Neighborhood: 37820
Nearby schools
GreatSchools rating
- 7/10Jefferson Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 5/10Jefferson Middle SchoolGrades: 6-8Distance: 2.3 mi
- 6/10Jefferson Co High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: Jefferson Elem
- Middle: Jefferson
- High: Jefferson
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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