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

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 originally constructed in approximately 1900, and the condominium residences were developed in approximately 2009.

More Information MLS# 1141058

Contract Info

Auction Y/N: No Listing Price: 485000 Current Price: $475,000 Status: Closed Listing Date: 2021-01-26

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

General Property Description

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

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

Atchd/Dtchd Type

Attached: 1

Style

Historic: 1 Other: 1

Construction

Brick: 1 Other: 1

Siding

Brick: 1 Other: 1

Fireplace

None: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1 Other: 1

Floors

Hardwood: 1 Tile: 1

Garage/Parking

Other: 1

Basement

Other: 1

Lot Description

Other: 1

Fuel

Electric: 1 Gas (Natural): 1

View

City: 1

Heat

Central: 1 Heat Pump: 1

Community Amenities

Elevator: 1 Extra Storage: 1 Other - See Remarks: 1

Dining Area

Breakfast Bar: 1

Appliances

Dishwasher: 1 Disposal: 1 Gas Stove: 1 Range: 1 Refrigerator: 1

Other Rooms

Extra Storage: 1 Laundry/Utility: 1

Exterior Features

Windows - Insulated: 1

Misc Features

Kitchen Island: 1 Walk-in Shower: 1 Washer/Dryer Connect: 1 Wired for Internet: 1

Sewer

Public Sewer: 1

Water

Public: 1

Association Fee Incl

Association Ins: 1 Building Exterior: 1 Grounds Maintenance: 1 Other: 1

New Financing

Cash: 1 Conventional: 1 Other: 1

Showing

See Agent Instructns: 1

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 Geo Lat: 35.968287 Geo Lon: -83.919788

Status Change Info

Status Change Date: 2021-03-19 Under Contract Date: 2021-01-27 Sold Date: 2021-03-19 Sold Price: $475,000

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.