402 S Gay St 407, Knoxville, TN 37902

$525,000
Property Type: Single Family Bedrooms: 2 Square Footage: 1,693 Status: Closed
Current Price: $525,000 List Date: 9/01/2021 Last Modified: 10/04/2021

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, rich hardwood flooring and soaring ceilings, this exquisite three-level 2 bedroom loft features a beautiful blend of historic character and modern elegance. The open kitchen and great room feature custom cabinets, attractive fixtures and large windows overlooking bustling Gay Street. The spa-like bathroom is tastefully finished with slate tile, a large walk-in shower and a new modern vanity. A spiral staircase leads to a mezzanine level - a perfect reading nook or yoga space. The penthouse level includes a wet bar, sitting area and sliding glass door that opens onto a spacious rooftop deck where one can enjoy

Supplements: amazing sunsets and sweeping views of Downtown's picturesque cityscape. Total approx. size includes approx. 1497sf interior and approx. 196sf rooftop deck and was provided by previous owner's appraisal (depicts an approx. 1295sf main level, approx. 64sf mezzanine, approx. 138sf penthouse and approx. 196sf rooftop deck), which is an estimate only and is not guaranteed. Developer's pre-construction and CRS estimates vary. Buyer to verify size, taxes and HOA fees, which are subject to change. Short-Term Rentals are not permitted by HOA in this development.

More Information MLS# 1166035

Contract Info

Auction Y/N: No Occupancy: Permanent Residence Listing Price: 525000 Current Price: $525,000 Status: Closed Listing Date: 2021-09-01

Location, Tax & Legal Info

Unit #: 407 Area: Knox County - 1 Property Sub-Type: Condominium Community: Downtown City/County Code: City Limits Total Tax: 3658.1

General Property Description

Type: Other # Bedrooms: 2 Acre Source: See Remarks # of Rooms: 6 Restrictions: Yes Site Built: Yes Fireplace: No HOA Fee: 413 HOA Freq: Monthly HOA Contact: DIA, Nada K. - 865-637-8540/nkuchinic@dia-arch.com Property Status: N/A SqFt - Main Lvl: 1295 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 64 SqFt - 3rd Flr Lvl: 138 # Fireplace: 0 HOA: Mandatory Position of Unit: Top Fl Penthouse Basement: No Bonus Room: Yes Extra Storage: No SqFt - Total (Aprox): 1693 Baths - Full: 1 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 in city-owned garages; 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, rich hardwood flooring and soaring ceilings, this exquisite three-level 2 bedroom loft features a beautiful blend of historic character and modern elegance. The open kitchen and great room feature custom cabinets, attractive fixtures and large windows overlooking bustling Gay Street. The spa-like bathroom is tastefully finished with slate tile, a large walk-in shower and a new modern vanity. A spiral staircase leads to a mezzanine level - a perfect reading nook or yoga space. The penthouse level includes a wet bar, sitting area and sliding glass door that opens onto a spacious rooftop deck where one can enjoy

Atchd/Dtchd Type

Attached: 1

Style

Contemporary: 1 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

Carpet: 1 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

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 #: 095IA03800R Subdivision: Gallery Lofts Geo Lat: 35.966254 Geo Lon: -83.918475

Status Change Info

Status Change Date: 2021-10-04 Under Contract Date: 2021-09-02 Sold Date: 2021-10-01 Sold Price: $525,000

Property Features

Style: Contemporary; Historic; Other Construction: Brick; Other Siding: Brick; Other Basement: None; Other Lot Description: Other Fireplace: None Floors: Carpet; Hardwood; Slate Fuel: Electric Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling; Other 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: October - 04 - 2021
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