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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

Location, Tax & Legal Info

House #: 402 St Dir: S Street Name: Gay St Suffix: St Unit #: 407 State/Province: TN Zip Code: 37902 Property Sub-Type: Condominium Area: Knox County - 1 City/County Code: City Limits PIN #: 095IA03800R Subdivision: Gallery Lofts Community: Downtown Total Tax: 3658.1 Geo Lat: 35.966254 Geo Lon: -83.918475

Contract Info

Auction Y/N: No Listing Price: 525000 Current Price: $525,000 Status: Closed Listing Date: 2021-09-01 Cooperation Comp: 2.4 Compensation Type: % Occupancy: Permanent Residence

General Property Description

Type: Other Acre Source: See Remarks Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 1693 SqFt - Main Lvl: 1295 SqFt - 2nd Flr Lvl: 64 SqFt - 3rd Flr Lvl: 138 # Bedrooms: 2 Baths - Full: 1 # of Rooms: 6 Fireplace: No Property Status: N/A HOA: Mandatory HOA Fee: 413 HOA Freq: Monthly HOA Contact: DIA, Nada K. - 865-637-8540/[email protected] Position of Unit: Top Fl Penthouse Year Built: 2007 Bonus Room: Yes Extra Storage: No

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

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

Atchd/Dtchd Type: Attached Style: Contemporary; Historic; Other Construction: Brick; Other Siding: Brick; Other Garage/Parking: None; 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: Island in Kitchen; 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.
Office Phone: 865-588-5535
Last Updated: October - 04 - 2021
402 S Gay St, 407, Knoxville, TN 37902- MLS# 1166035
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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