402 S Gay St 405, Knoxville, TN 37902

$495,000
Property Type: Single Family Bedrooms: 2 Square Footage: 1,945 Status: Closed
Current Price: $495,000 List Date: 3/25/2020 Last Modified: 8/31/2020

Description

Stunning penthouse residence located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District. With its original exposed brick and beams, soaring ceilings and expansive windows, this exquisite three-level 2br loft features a beautiful blend of historic character and modern elegance. The open gourmet kitchen features custom cabinets, sleek tile and modern fixtures. Bathrooms are tastefully finished with slate tile. A spiral staircase leads to a mezzanine level - a perfect reading nook or yoga space. The penthouse level includes a wet bar and sliding door that opens onto a spacious rooftop deck. Thoughtfully designed with both style and function in mind, you will find abundant storage & generous closets. Washer/Dryer are included. Approx. size

Supplements: noted is per master deed / developer's plans, is an estimate only and is not guaranteed. Total aprx sq. footage of 1945sf includes approx. 1504sf 1st floor, approx. 119sf mezzanine, approx. 138sf penthouse, and approx. 184sf exterior rooftop deck. Buyer to verify sizes, taxes and HOA fees, which are subject to change. CRS shows approx. 1723sf, and a past MLS listing shows size to be approx. 1812sf. Buyer to verify sizes, taxes and HOA fees, which are subject to change. *Heat pump was replaced in March 2019.

More Information MLS# 1112171

Contract Info

Auction Y/N: No Listing Price: 524900 Current Price: $495,000 Status: Closed Listing Date: 2020-03-25

Location, Tax & Legal Info

Unit #: 405 Area: Knox County - 1 Property Sub-Type: Condominium Community: Downtown City/County Code: City Limits Total Tax: 4306.74

General Property Description

Type: Other # Bedrooms: 2 # of Rooms: 7 Restrictions: Yes Site Built: Yes Fireplace: No HOA Fee: 413 HOA Freq: Monthly HOA Contact: DIA, Faris Eid/Neda - 865-637-8540 Property Status: N/A SqFt - Main Lvl: 1504 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 119 SqFt - 3rd Flr Lvl: 138 # Fireplace: 0 HOA: Mandatory Position of Unit: Top Fl Penthouse Basement: No Bonus Room: No Extra Storage: No SqFt - Total (Aprox): 1945 Baths - Full: 2 Year Built: 2007

Remarks & Misc

Directions: Located above Mast General Store at the intersection of Gay Street and Wall Avenue, just one block south of Summit Hill Drive. Public parking is available in the Promenade Garage directly behind the building, or in the nearby State St. Garage, Walnut Street Garage or Market Square Garage, where night/weekend parking is free and Downtown residents are offered reduced monthly parking rates of approx. $35-$45/month, subject to availability. Public Remarks: Stunning penthouse residence located in the premier Gallery Lofts, just steps from Market Square, the Old City and the Theater District. With its original exposed brick and beams, soaring ceilings and expansive windows, this exquisite three-level 2br loft features a beautiful blend of historic character and modern elegance. The open gourmet kitchen features custom cabinets, sleek tile and modern fixtures. Bathrooms are tastefully finished with slate tile. A spiral staircase leads to a mezzanine level - a perfect reading nook or yoga space. The penthouse level includes a wet bar and sliding door that opens onto a spacious rooftop deck. Thoughtfully designed with both style and function in mind, you will find abundant storage & generous closets. Washer/Dryer are included. Approx. size

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

Floors

Hardwood: 1 Slate: 1

Garage/Parking

None: 1 Other: 1

Basement

None: 1 Other: 1

Lot Description

Other: 1

Fuel

Electric: 1

View

City: 1 Other: 1

Heat

Central: 1 Heat Pump: 1

Community Amenities

Elevator: 1

Dining Area

Breakfast Bar: 1 Kitchen/Dining Rm Co: 1 Living Rm/Dining Rm: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Washer: 1

Other Rooms

Den/Study: 1 Laundry/Utility: 1

Exterior Features

Deck: 1 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

New Financing

Cash: 1 Other: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 402 St Dir: S Street Name: Gay St Suffix: St State/Province: TN Zip Code: 37902 PIN #: 095ia03800q Subdivision: Gallery Lofts Geo Lat: 35.96625 Geo Lon: -83.918475

Status Change Info

Status Change Date: 2020-08-31 Under Contract Date: 2020-08-18 Sold Date: 2020-08-31 Sold Price: $495,000

Property Features

Style: Historic; Other Construction: Brick; Other Siding: Brick; Other Basement: None; Other Lot Description: Other View: Other Fireplace: None Floors: Hardwood; Slate Fuel: Electric Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Sewer: Public Sewer Water: Public Other Rooms: Den/Study; Laundry/Utility Misc Features: Kitchen Island; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Deck; Windows - Insulated Dining Area: Breakfast Bar; Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Elevator Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance Showing: See Agent Instructns New Financing: Cash; Other
Listing Office: Downtown Realty, Inc.
IDX
Office Phone: 865-588-5535
Last Updated: August - 31 - 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.