Last Sold Price
4 beds2,281 sqft$241/sqft
505 Atlantic Rd, New Market, TN 37820

Description

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
...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
LISTING CLOSED: 02/28/2025 01:00 AM

  1. Listed by Bosco Allocco • Blackwell Realty and Auction

Property Details for 505 Atlantic Road

Status
MLS #
1502705
Days on Market
63
Taxes
$1,230 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1940
Lot Size
3.52 AC / 153,331 SF
Architectural Style
Other
Waterfront
No

Recent comparable sales

Median sold price

$491,000

Avg days on market

57

Sale-to-list ratio

92.3%

New Market, TN

9 comparable properties found

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Square Feet
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Square Feet
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a view of a yard in front of house
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Sold 06/27/25

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Location

Listing Courtesy of Blackwell Realty and Auction, Bosco Allocco (615.497.3511)

Sold By COMPS ONLY, Comps Non Member Licensee (423.555.5555)

Add your commute

Building Information for 505 Atlantic Road

Stories2Year Built1940Building Size-Lot Size3.52 AC / 153,331 SF

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30 year fixed, 6.55% Interest

Principal and Interest

$2,796

Property Taxes

$103

HOA Dues

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Property Information for 505 Atlantic Road

Summary
Location and General Information
  • City: New Market
  • County Or Parish: Jefferson
  • Directions: From I-40 take Exit 412, turn on Deep Springs Rd. Turn right onto US-25W, turn left on West Dumplin Vally Rd. At the intersection continue straight on McGuire Rd. In 4 miles turn left onto Flat Gap Rd. after 2 miles turn left onto Atlantic Rd. Home will be on the right.
  • Latitude: 36.076577
  • Longitude: -83.510206
  • Postal Code: 37820
  • State Or Province: TN
  • Subdivision Name: None
  • Road : Gravel: Yes
Taxes and HOA
  • Tax Legal Description: N/A
  • Additional Parcels: No
  • Parcel Number: 045 031.00
  • Association Fee: $0
  • Association: No
  • Tax Annual Amount: $1,230
School Information
  • Middle Or Junior School: Jefferson
  • High School: Jefferson
  • Elementary School: Jefferson Elem
Parking
  • Garage Spaces: 2.0
  • Garage: Yes
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: 153,331
  • Lot Size Acres: 3.52
  • Living Area Source: Owner
  • Lot Size Square Feet: 153331.2
  • Building Area Total: 2281.0
  • Lot Size Units: Acres
  • Living Area: 2281.0
  • Living Area Units: Square Feet
Property and Assessments
  • Property Type Label: Residential
  • Property Attached: No
  • Sewer: Septic Tank
  • New Construction: No
  • Home Warranty: No
  • Floor Plans Count: 0
  • Year Built: 1940
  • Property Type: Residential,Single Family Residence
  • Property Sub Type: Single Family Residence
  • Improvements : Driveway: Yes
Utilities
  • WaterSewer : Septic Tank: Yes
  • WaterSewer : Well: Yes
  • Water Source: Well
  • Utilities: Water Available, Water Connected
Interior and Exterior Features
Exterior Features
  • Senior Community: No
  • Construction Materials: Brick
  • Pool Private: No
  • Community Features: None
  • Parking Features: Driveway, Garage, Garage Door Opener, Gravel
  • Exterior Features: Lighting, Rain Gutters, RV Hookup
  • Fencing: Front Yard
Interior Features
  • Fireplace: Yes
  • Bedrooms Total: 4
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Appliances: Oven, Microwave, Electric Water Heater, Electric Cooktop, Dishwasher
  • Rooms Total: 10
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Cooling: Yes
  • Heating: Yes
  • Foundation Details: Block
  • Basement: Finished
  • Cooling: Central Air, Multi Units, See Remarks
  • Heating: Propane
  • Levels: Three Or More
  • Flooring: Linoleum, Wood
  • Stories: 2
  • Green Features : Central Air: Yes
  • Floors : Linoleum: Yes

Property History for 505 Atlantic Road

DateEvent & SourcePriceAppreciation
Feb 28, 2025

Closed (Public Record)

Public Record #1552255794

$550,000
Feb 28, 2025

Closed

REALTRACS #2797320

$550,000
Feb 28, 2025

Closed

Greater Chattanooga Association of REALTORS #1502705

$550,000
DateEvent & SourcePrice
02/28/2025

Closed (Public Record)

Public Record #1552255794

$550,000
02/28/2025

Closed

REALTRACS #2797320

$550,000
02/28/2025

Closed

Greater Chattanooga Association of REALTORS #1502705

$550,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 505 Atlantic Road

Taxable ValueLand$11,500Additions$103,875Total$115,375
Tax Record2025$1,719 ($143 / month)
Home Facts
Beds0Total Finished SqFt3,476 SqFtAbove Grade Finished SqFt2,874 SqFtFinished Basement SqFt602 SqFtStories2Lot Size153,331 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated1995ZoningA-1CountyJEFFERSONAPN045 03100Fireplace TypeHas Fireplace

Schools near 505 Atlantic Road

This home is within Jefferson County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Jefferson Elementary School
PublicPK to 5

Jefferson Middle School
Public6 to 8

Jefferson Co High School
Public9 to 12

Piedmont Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 505 Atlantic Road, New Market, TN 37820
$550,000
4
2,281
153,331
2
2,334
278,784
$839,000
5
3,092
670,388
1,120
1
1,232
871,200
$40,000
145,926

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blackwell Realty and Auction, Bosco Allocco (615.497.3511)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 02/28/2025 03:29 PM