122 S Gay St 403, Knoxville, TN 37902

$550,000
Property Type: Single Family Bedrooms: 2 Square Footage: 1,544 Status: Closed
Current Price: $550,000 List Date: 5/28/2020 Last Modified: 7/03/2020

Description

This immaculate corner penthouse residence is the epitome of urban living. Located on Downtown's vibrant 100-Block, steps from many of Downtown's most popular restaurants, cafes, galleries, entertainment venues & parks, this stunning home in the historic Commerce Building was exquisitely renovated in 2015. It features carefully restored original solid pine floors, an expansive great room with rich exposed brick, soaring ceilings with exposed original timber beams, stunning arched windows overlooking the picturesque streetscape & skyline, state-of-the art open gourmet kitchen, complete with Subzero fridge, 6-burner gas cooktop, generous 9ft island and Wildwood custom cabinets, Jenn-Air stainless microwave, cast iron sink, and dishwasher with paneled door. Living room ceilings are approx.

Supplements: 20ft tall, allowing for the option of constructing an approx 800sf 2nd-level loft space. Spa-like bathroom upgraded with beautiful travertine tile, a marble vessel sink and custom vanity. Additional upgrades include solid pine UV protected double-paned windows, custom LED recessed lighting and elegant fixtures, ceiling fans, crown moulding, Benjamin Moore paint throughout, custom closets, and digital WiFi thermostat. The development offers two community rooftop decks, and a spacious individual storage unit is included. Approx. size per appraiser is an estimate only and is not guaranteed. Previous owner's architect's plan showed size to be approx. 1459sf. Buyer to verify size, taxes and HOA fees. *Records indicate that the Commerce Building was originally constructed in approximately 1900, and the condominium residence (#403) was renovated in 2015.

More Information MLS# 1118198

Contract Info

Auction Y/N: No Listing Price: 589900 Current Price: $550,000 Status: Closed Listing Date: 2020-05-28

Location, Tax & Legal Info

Unit #: 403 Area: Knox County - 1 Property Sub-Type: Condominium Community: Downtown City/County Code: City Limits Total Tax: 3712.68

General Property Description

Type: Other # Bedrooms: 2 # of Rooms: 5 Restrictions: Yes Site Built: Yes Fireplace: No HOA Fee: 249 HOA Freq: Monthly HOA Contact: Terminus Real Estate - 865.673.6300 Property Status: N/A SqFt - Main Lvl: 1544 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 0 HOA: Mandatory Position of Unit: Top Floor/Penthouse Basement: No Bonus Room: No Extra Storage: Yes SqFt - Total (Aprox): 1544 Baths - Full: 2 Year Built: 1900

Remarks & Misc

Directions: Located on the picturesque 100-Block of Gay Street, adjacent to Sterchi Lofts. Public Remarks: This immaculate corner penthouse residence is the epitome of urban living. Located on Downtown's vibrant 100-Block, steps from many of Downtown's most popular restaurants, cafes, galleries, entertainment venues & parks, this stunning home in the historic Commerce Building was exquisitely renovated in 2015. It features carefully restored original solid pine floors, an expansive great room with rich exposed brick, soaring ceilings with exposed original timber beams, stunning arched windows overlooking the picturesque streetscape & skyline, state-of-the art open gourmet kitchen, complete with Subzero fridge, 6-burner gas cooktop, generous 9ft island and Wildwood custom cabinets, Jenn-Air stainless microwave, cast iron sink, and dishwasher with paneled door. Living room ceilings are approx.

Atchd/Dtchd Type

Attached: 1

Style

Historic: 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

Garage/Parking

Other: 1

Basement

Other: 1

Lot Description

Other: 1

Fuel

Electric: 1

View

City: 1

Heat

Central: 1

Community Amenities

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

Dining Area

Living Rm/Dining Rm: 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 Washer/Dryer Connect: 1 Wired for DSL: 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 #: 094eg03900y Subdivision: The Commerce Building Condominiums Geo Lat: 35.968283 Geo Lon: -83.919788

Status Change Info

Status Change Date: 2020-07-02 Under Contract Date: 2020-06-07 Sold Date: 2020-07-02 Sold Price: $550,000

Property Features

Style: Historic Construction: Brick; Other Siding: Brick; Other Basement: Other Lot Description: Other Fireplace: None Floors: Hardwood Fuel: Electric Heat: Central 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; Washer/Dryer Connect; Wired for DSL; Wired for Internet Exterior Features: Windows - Insulated Dining Area: Living Rm/Dining Rm 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: July - 03 - 2020
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.