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

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 offered reduced parking rates. The Phoenix Building was originally constructed around 1900 & the top four floors were converted into residences in 2003-04. Approx. size per Courthouse Retrieval System records is an estimate only and is not guaranteed. Buyer to verify size, taxes, pending HOA assessment information and HOA fees, which are subject to change. Water is included in the monthly HOA fee. AirBnB's and Short-Term Rentals are not permitted by the HOA. Small pets are permitted; please see HOA documents for additional HOA-related information. Conventional financing may not be available. A storage space may be available for lease in the basement. *Seller will be reviewing all offers received by Sunday 3/13/22 at 5pm. It is requested that the Time Limit of Offer for offers received should be no earlier than 5pm on 3/14/22.

More Information MLS# 1183239

Contract Info

Auction Y/N: No Occupancy: Permanent Residence Listing Price: 545000 Current Price: $570,000 Status: Closed Listing Date: 2022-03-09

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

General Property Description

Type: High Rise # Bedrooms: 2 Lot Dimensions: 0 Acre Source: Tax Records # of Rooms: 3 Restrictions: Yes Site Built: Yes Fireplace: No HOA Fee: 420 HOA Freq: Monthly HOA Contact: Amy Gibson Property Status: N/A SqFt - Main Lvl: 1453 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 0 HOA: Mandatory Position of Unit: Top Floor Basement: No Bonus Room: No Extra Storage: No SqFt - Total (Aprox): 1453 Baths - Full: 1 Year Built: 1910

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

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 Other: 1

Floors

Hardwood: 1 Tile: 1

Garage/Parking

Other: 1

Basement

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 Smoke Detector: 1 Other: 1

Exterior Features

Cable Available (TV Only): 1

Misc Features

Drapes: 1 Kitchen Island: 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 Security: 1 Sewer: 1 Water: 1

New Financing

Cash: 1 Other: 1

Showing

See Agent Instructns: 1

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 Geo Lat: 35.965877 Geo Lon: -83.918244

Status Change Info

Status Change Date: 2022-04-18 Under Contract Date: 2022-03-13 Sold Date: 2022-04-18 Sold Price: $570,000

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.