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505 Atlantic Rd, New Market, TN, 37820

$565,000

Home List Price

$6,709*

Closing Credit

4 Bedrooms
2 Full Baths
2,281 SqFt
$248/SqFt
House

Location

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505 Atlantic Rd, New Market$565,000

Buyer Closing Credits

$6,709*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Door Opener, Gravel
Garage2 spaces
Year Built1940
HeatingPropane
CoolingCentral Air, Multi Unit(s), Other
BasementYes
MLS #1502705
Lot Size3.52 Acres
StatusActive

About 505 Atlantic Rd

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

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1940
  • Living Area: 2,281 SqFt

Listing Office:

  • Office Name: Blackwell Realty and Auction
  • Office Phone: (423) 509-5910

Interior Features

Interior Information:

  • Appliances: Oven, Microwave, Electric Water Heater, Electric Cooktop, Dishwasher
  • Basement: Yes
  • Flooring Type: Linoleum, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Lighting, Gutters, RV Parking, Front Fence

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Driveway, Garage, Garage Door Opener, Gravel

Lot Features

Lot Information:

  • Lot Size: 3.52 Acres

Utilities

Utilities Information:

  • Heating: Propane
  • Cooling: Central Air, Multi Unit(s), Other

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000
  • Price Per SqFt: $248/SqFt

Tax Information:

  • Annual Amount: $1,171
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Market, TN.

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New Market, TN

City

Med. Sold Price

$370K

Med. Price/SqFt

$202

Avg. Days On Market

17

# of Sold Homes

3

505 Atlantic Rd vs New Market

32 DAYS ON ROCKET

+15 Days

$565,000

+$195K More

$248/SqFt

+$46 More

KEY TAKEAWAY

This property is $195K more than the Median Sold Price and $46/SqFt more than other homes in New Market, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Greater Chattanooga REALTORS®
  • MLS Number: #1502705

Listing Office:

  • Office Name: Blackwell Realty and Auction
  • Office Phone: (423) 509-5910

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2024 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 17, 1990Home Sold
$62,300

Tax History

YEARPROP. TAXASSESSMENT
2020$1,171$53,475
2019$768$53,475
2018$768$32,700
2017$768$32,700

History based on county public records data.

Payment Calculator

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4256699
7
/10

  • Jefferson Elementary School

  • 321 W Broadway Blvd

  • 2.32 miles

  • Public District Grades PK-5

school-card-donut-4256700
6
/10

  • Piedmont Elementary School

  • 1100 W Dumplin Valley Rd

  • 3.51 miles

  • Public District Grades PK-5

school-card-donut-4256701
4
/10

  • Mount Horeb Elementary School

  • 500 Dumplin Valley Rd E

  • 3.70 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,694. The majority of New Market, TN residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Atlantic Rd

What is the listing price of this property?

The listing price of 505 Atlantic Rd property is $565,000.

What type of property is this?

The property 505 Atlantic Rd is a house located in New Market, Tennessee, 37820.

Is this property for sale now?

Active Listing: 505 Atlantic Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,171 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 17, 1990 for $62,300. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 505 Atlantic Rd has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Atlantic Rd is 2,281 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Atlantic Rd is 1940.

Rocket Homes›Tennessee›Jefferson County›New Market›37820›505 Atlantic Rd

This home is located at 505 Atlantic Rd in New Market, TN and zip code 37820. This 2,281 square foot home, which was built in 1940, sits on a 3.52 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $565,000.

In November 2024 more than 2 listings in New Market, TN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. Between October 2024 and November 2024, New Market, TN real estate market has seen increase in the number of listings by 7.7%. In November 2024 median list price was $370,000 and the average listing age was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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