122 S Gay St 402, Knoxville, TN 37902

$475,000
Property Type: Single Family Bedrooms: 3 Square Footage: 2,050 Status: Closed
Current Price: $475,000 List Date: 1/26/2021 Last Modified: 3/20/2021

Overview

Description

Located on Downtown's vibrant 100-Block of Gay Street, just steps from many of Downtown's most popular restaurants, cafes, galleries, entertainment venues, salons, fitness studios & parks, this stunning penthouse loft in the historic Commerce Building features original hardwood floors, a spacious great room with rich exposed brick, soaring ceilings with exposed original timber beams, and stunning arched windows overlooking the picturesque streetscape & skyline. In the great room, a spiral staircase leads to an aprx 800sf loft space and storage area that can be used as a 3rd bedroom or open study and closet. Dramatic skylights surround the modern kitchen, complete with a gas cooktop and stainless appliances. In addition to its tastefully-appointed common areas, the Commerce development

Supplements: also boasts a community rooftop deck. The HVAC was replaced in 2016 and living room windows were replaced in 2020. Approx. size is per Courthouse Retrieval Records and developer, includes storage, and is not guaranteed. Buyer to verify size, taxes and HOA fees, which are subject to change. *Records indicate that the Commerce Building was origina ...

Listing Details MLS# 1141058

Location Tax Legal Info

House #
122
St Dir
S
Street Name
Gay
St Suffix
St
State/Province
TN
Zip Code
37902
PIN #
094EG03900X
Subdivision
The Commerce Building Condominiums

Contract Info

Auction Y/N
No
Listing Price
485000

General Property Description

Type
Other
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
2050
SqFt - Main Lvl
1200
SqFt - Down Lvl
850
# Bedrooms
3
Baths - Full
2
# of Rooms
8
Fireplace
No
Property Status
N/A
HOA
Mandatory
HOA Fee
341.16
HOA Freq
Monthly
HOA Contact
Terminus Real Estate - 865.673.6300
Position of Unit
Top Floor/Penthouse
Year Built
1900
Bonus Room
Yes
Extra Storage
No
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

Status Change Date
2021-03-19
Under Contract Date
2021-01-27
Sold Date
2021-03-19

Location, Tax & Legal Info

Unit #
402
Area
Knox County - 1
Property Sub-Type
Condominium
Community
Downtown
City/County Code
City Limits
Total Tax
5444.38

Remarks & Misc

Directions
Located on the picturesque 100-Block of Gay Street, just one block north of Summit Hill Drive and adjacent to Sterchi Lofts.
Public Remarks
Located on Downtown's vibrant 100-Block of Gay Street, just steps from many of Downtown's most popular restaurants, cafes, galleries, entertainment venues, salons, fitness studios & parks, this stunning penthouse loft in the historic Commerce Building features original hardwood floors, a spacious great room with rich exposed brick, soaring ceilings with exposed original timber beams, and stunning arched windows overlooking the picturesque streetscape & skyline. In the great room, a spiral staircase leads to an aprx 800sf loft space and storage area that can be used as a 3rd bedroom or open study and closet. Dramatic skylights surround the modern kitchen, complete with a gas cooktop and stainless appliances. In addition to its tastefully-appointed common areas, the Commerce development

More Information

Atchd/Dtchd Type

Attached
Yes

Style

Historic
Yes
Other
Yes

Construction

Brick
Yes
Other
Yes

Siding

Brick
Yes
Other
Yes

Fireplace

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes
Other
Yes

Floors

Hardwood
Yes
Tile
Yes

Garage/Parking

Other
Yes

Basement

Other
Yes

Lot Description

Other
Yes

Fuel

Electric
Yes
Gas (Natural)
Yes

View

City
Yes

Heat

Central
Yes
Heat Pump
Yes

Community Amenities

Elevator
Yes
Extra Storage
Yes
Other - See Remarks
Yes

Dining Area

Breakfast Bar
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Gas Stove
Yes
Range
Yes
Refrigerator
Yes

Other Rooms

Extra Storage
Yes
Laundry/Utility
Yes

Exterior Features

Windows - Insulated
Yes

Misc Features

Kitchen Island
Yes
Walk-in Shower
Yes
Washer/Dryer Connect
Yes
Wired for Internet
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Association Fee Incl

Association Ins
Yes
Building Exterior
Yes
Grounds Maintenance
Yes
Other
Yes

New Financing

Cash
Yes
Conventional
Yes
Other
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Historic; Other Construction: Brick; Other Siding: Brick; Other Basement: Other Lot Description: Other Fireplace: None Floors: Hardwood; Tile Fuel: Electric; Gas (Natural) Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling; Other Appliances: Dishwasher; Disposal; Gas Stove; Range; Refrigerator Sewer: Public Sewer Water: Public Other Rooms: Extra Storage; Laundry/Utility Misc Features: Kitchen Island; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Windows - Insulated Dining Area: Breakfast Bar Community Amenities: Elevator; Extra Storage; Other - See Remarks Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance; Other Showing: See Agent Instructns New Financing: Cash; Conventional; Other
Listing Office: Downtown Realty, Inc.
IDX
Office Phone: 865-588-5535
Last Updated: March - 20 - 2021
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.