418 S Gay St 603, Knoxville, TN 37902

$570,000
Property Type: Single Family Bedrooms: 2 Square Footage: 1,453 Status: Closed
Current Price: $570,000 List Date: 3/09/2022 Last Modified: 4/18/2022

Overview

Description

Stunning penthouse loft located in the eclectic Phoenix Building, just steps from Market Square, the Old City and the Theater District. This remarkable residence has recently undergone an incredible transformation. The original exposed brick and soaring ceilings evoke the building's industrial past, while the contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. Enjoy the open great room and expansive windows overlooking Gay Street and the Downtown skyline. Updates include a beautifully-remodeled kitchen and bathroom, gorgeous new hardwood floors, new cabinetry and marble countertops, sleek tile, new appliances, designer lighting and fresh paint. All furnishings will remain with the exception of the buffet in the dining area, items on countertops and items in

Supplements: cabinets/closets. This mixed-use building boasts a first-floor coffee & doughnut shop, old-fashioned soda fountain, pharmacy & clinic, along with rotating exhibits of local artwork. The building's back entrance opens onto the Promenade Garage. Also, the Phoenix Building is located one block from the State Street Garage where Downtown residents are ...

Listing Details MLS# 1183239

Location Tax Legal Info

House #
418
St Dir
S
Street Name
Gay
St Suffix
St
State/Province
TN
Zip Code
37902
PIN #
095IA03500U
Subdivision
The Phoenix Building Condominiums

Contract Info

Auction Y/N
No
Listing Price
545000
Occupancy
Permanent Residence

General Property Description

Type
High Rise
Acre Source
Tax Records
Site Built
Yes
Restrictions
Yes
SqFt - Total (Aprox)
1453
SqFt - Main Lvl
1453
# Bedrooms
2
Baths - Full
Yes
# of Rooms
3
Fireplace
No
Property Status
N/A
HOA
Mandatory
HOA Fee
420
HOA Freq
Monthly
HOA Contact
Amy Gibson
Position of Unit
Top Floor
Year Built
1910
Bonus Room
No
Extra Storage
No
Lot Dimensions
No
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

Status Change Date
2022-04-18
Under Contract Date
2022-03-13
Sold Date
2022-04-18

Location, Tax & Legal Info

Unit #
603
Area
Knox County - 1
Property Sub-Type
Condominium
Community
Downtown
City/County Code
City Limits
Total Tax
3774.76

Remarks & Misc

Directions
The Phoenix Building is situated on the vibrant 400-Block of Gay Street, which is home to popular destinations, such as Mast General Store, Maple Hall, Babalu, & The Art Market. Residences are located on the top four floors of the Phoenix Building, above Status Dough and the Phoenix Pharmacy & Soda Fountain. Paid parking is offered in the Promenade Garage, which is directly behind the building. Parking is also offered in the nearby State Street Garage, where night & weekend parking is free to the public & Downtown residents are currently offered reduced parking rates (approx. $40/mo).
Public Remarks
Stunning penthouse loft located in the eclectic Phoenix Building, just steps from Market Square, the Old City and the Theater District. This remarkable residence has recently undergone an incredible transformation. The original exposed brick and soaring ceilings evoke the building's industrial past, while the contemporary finishes and fixtures inspire a sense of relaxed, modern elegance. Enjoy the open great room and expansive windows overlooking Gay Street and the Downtown skyline. Updates include a beautifully-remodeled kitchen and bathroom, gorgeous new hardwood floors, new cabinetry and marble countertops, sleek tile, new appliances, designer lighting and fresh paint. All furnishings will remain with the exception of the buffet in the dining area, items on countertops and items in

More Information

Atchd/Dtchd Type

Attached
Yes

Style

Historic
Yes
Other
Yes

Construction

Brick
Yes
Other
Yes

Siding

Brick
Yes
Other
Yes

Fireplace

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes
Other
Yes

Floors

Hardwood
Yes
Tile
Yes

Garage/Parking

Other
Yes

Basement

Other
Yes

Lot Description

Other
Yes

Fuel

Electric
Yes

View

City
Yes

Heat

Central
Yes
Heat Pump
Yes

Community Amenities

Elevator
Yes

Dining Area

Breakfast Bar
Yes
Kitchen/Dining Rm Co
Yes
Living Rm/Dining Rm
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Smoke Detector
Yes
Other
Yes

Exterior Features

Cable Available (TV Only)
Yes

Misc Features

Drapes
Yes
Kitchen Island
Yes
Washer/Dryer Connect
Yes
Wired for Internet
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

Association Fee Incl

Association Ins
Yes
Building Exterior
Yes
Grounds Maintenance
Yes
Security
Yes
Sewer
Yes
Water
Yes

New Financing

Cash
Yes
Other
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Historic; Other Construction: Brick; Other Siding: Brick; Other Basement: Other Lot Description: Other Fireplace: None Floors: Hardwood; Tile Fuel: Electric Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling; Other Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Smoke Detector; Other Sewer: Public Sewer Water: Public Misc Features: Drapes; Kitchen Island; Washer/Dryer Connect; Wired for Internet Exterior Features: Cable Available (TV Only) Dining Area: Breakfast Bar; Kitchen/Dining Rm Co; Living Rm/Dining Rm Community Amenities: Elevator Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance; Security; Sewer; Water Showing: See Agent Instructns New Financing: Cash; Other
Listing Office: Downtown Realty, Inc.
IDX
Office Phone: 865-588-5535
Last Updated: April - 18 - 2022
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.