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Sold for $56,000
  • $56,000

    603 Cardinal Ln, New Market, TN 37820

    3beds
    1,308sqft
    Single Family Residence, Residential
    Built in 1975
    0.34 Acres Lot
    $54,900 Zestimate®
    $43/sqft
    $1,736 Estimated rent

    Home value

    $54,900

    $42,000 - $72,000

    $1,736/mo

    Zestimate® history
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    What's special

    Brand-new living spaceModern finishes
    Welcome to 603 Cardinal Lane in the peaceful Hillcrest Subdivision of New Market, Tennessee. This property offers an excellent opportunity for buyers looking to invest in a home with solid potential. While the residence has experienced noticeable fire damage and the interior has been completely gutted down to the studs, this provides a blank slate for customization and renovation. With 1,300 square feet of space on a .30-acre lot, it offers the perfect foundation for creating your dream home or investment property. The structure is set up for a 3-bedroom septic system, giving you options to rebuild a comfortable single-family residence tailored to your needs. The removal of the kitchen and upstairs bathroom presents the perfect chance to bring in modern finishes and craft a brand-new living space exactly the way you envision. Whether you choose to remodel the existing structure or replace it, this lot provides flexibility. Mobile homes are also allowed in the subdivision, giving even more options for affordable housing solutions. New Market is a charming and quiet community known for its friendly atmosphere and small-town appeal. Nestled just outside of Jefferson City and within a short drive to Knoxville, Sevierville, and Morristown, it offers the convenience of nearby shopping, dining, schools, and healthcare while still maintaining a peaceful, rural feeling. Outdoor lovers will appreciate easy access to Cherokee Lake and the Great Smoky Mountains, making this a fantastic location for those who enjoy fishing, hiking, boating, and exploring. 603 Cardinal Lane is a great opportunity for both homeowners and investors who see the value in location and potential. With a .30-acre lot in a desirable subdivision, it's rare to find a property with so much flexibility in today's market. Whether you rebuild, bring in a mobile home, or create a custom new plan, this property is a blank canvas ready to be transformed into something special in one of East Tennessee's hidden gem communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Benson Bryant 865-940-1303,

    Jackson Real Estate & Auction

    Bought with:

    Benson Bryant, 369554

    Jackson Real Estate & Auction

    Source: Lakeway Area AOR,MLS#: 709151MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • None
    Cooling
    • None
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Partial,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total interior livable area: 1,308 sqft
    • Finished area above ground: 978
    • Finished area below ground: 330

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Lot
    • Size: 0.34 Acres
    • Dimensions: 87.74 x 158.16 IRR
    • Features: City Lot, Corner Lot, Sloped Down
    Details
    • Parcel number: 033O C 018.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Roof: Asphalt,See Remarks
    Condition
    • Fixer
    • New construction: No
    • Year built: 1975

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public

    Community & neighborhood

    Location
    • Region: New Market

    Price history

    DateEventPrice
    10/29/2025Sold$56,000-19.9%$43/sqft
    Source: Lakeway Area AOR #709151 Report a problem
    10/18/2025Pending sale$69,900$53/sqft
    Source: Lakeway Area AOR #709151 Report a problem
    10/14/2025Price change$69,900-12.5%$53/sqft
    Source: Lakeway Area AOR #709151 Report a problem
    9/29/2025Price change$79,900-5.9%$61/sqft
    Source: Lakeway Area AOR #709151 Report a problem
    9/26/2025Listed for sale$84,900+41.5%$65/sqft
    Source: Lakeway Area AOR #709151 Report a problem
    12/16/2010Sold$60,000+20.2%$46/sqft
    Source: Public Record Report a problem
    12/1/2010Price change$49,900-7.9%$38/sqft
    Source: Weichert Realtors #737702 Report a problem
    11/6/2010Price change$54,200-8%$41/sqft
    Source: Weichert Realtors #726620 Report a problem
    10/3/2010Price change$58,900-13.3%$45/sqft
    Source: Weichert Realtors #726620 Report a problem
    8/13/2010Listed for sale$67,900+25.7%$52/sqft
    Source: Weichert Realtors #726620 Report a problem
    7/2/2010Sold$54,023$41/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$438 +4.2%$29,400
    2024$420 +12.3%$29,400 +80.6%
    2023$374 +5%$16,275
    2022$356 $16,275
    2021$356 $16,275
    2020$356 $16,275
    2019$356 -2.6%$16,275 +4.5%
    2018$366 +0%$15,575
    2017$366 $15,575
    2016$366 0%$15,575
    2015$366 $15,575
    2014$366 $15,575
    2013-- $15,575 -11.1%
    2012$377 +4.9%$17,525
    2011$359 $17,525
    2010$359 $17,525
    2009-- $17,525 -2.4%
    2008$411 +10.6%$17,950
    2007$372 +13.1%$17,950
    2006$328 $17,950
    2005$328 -11.2%$17,950
    2004$370 +11%$17,950 +7.8%
    2003$333 $16,650 +2.1%
    2001-- $16,310 -75%
    2000-- $65,240

    Find assessor info on the county website

    Neighborhood: 37820

    Nearby schools

    GreatSchools rating
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