550 Riverfront Way, Knoxville, TN 37915

$825,000
Property Type: Single Family Bedrooms: 3 Square Footage: 1,897 Status: Closed
Current Price: $825,000 List Date: 3/23/2024 Last Modified: 4/26/2024

Description

Exceptional 3-bedroom, 2.5 bath with study, open loft area, expansive rooftop terrace and detached garage in Downtown's Waterfront District. Enjoy sweeping river views from the incredible rooftop terrace perched above the Tennessee River, spacious living and 'sun room' with floor-to-ceiling windows, beautifully updated kitchen and baths, study with a skylight, inviting front porch, garage with custom cabinets and finished overhead storage. Located in the serene gated Riverside Condominiums development, just steps from Volunteer Landing Marina and an easy stroll to the Theater District, Old City and the University of Tennessee. Aprx size provided by appraiser's sketch, is an estimate only and is not guaranteed. Total approx. size of 1897sf includes aprx. 1112sf main level and aprx. 785sf upper level. Additionally, there is an aprx. 105sf rooftop patio that opens into the master bedroom, a front porch, and an aprx. 196sf detached garage/workshop with upper-level storage. Buyer to verify size, taxes and HOA fees, which are subject to change. Short-Term Rentals / AirBnBs are not permitted by the HOA. The HOA charges a $900 Initiation Fee to new owners.

More Information MLS# 1256858

Contract Info

Auction Y/N: No Occupancy: Permanent Residence Listing Price: 835000 Current Price: $825,000 Status: Closed Listing Date: 2024-03-21

Location, Tax & Legal Info

Area: Knox County - 1 Property Sub-Type: Condominium Community: Downtown City/County Code: City Limits Total Tax: 3420.25

General Property Description

Type: 2 Story # Bedrooms: 3 Lot Dimensions: Condominium Acre Source: Appraiser # of Rooms: 9 Restrictions: Yes Site Built: Yes Fireplace: Yes HOA Fee: 450 HOA Freq: Monthly HOA Contact: Judy Lamb, Realty Resources - (865) 584-9099 Property Status: N/A SqFt - Main Lvl: 1112 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 785 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: Mandatory Position of Unit: Upper Level Basement: No Bonus Room: Yes Extra Storage: Yes SqFt - Total (Aprox): 1897 Baths - Full: 2 Baths - 1/2: 1 Year Built: 1996

Remarks & Misc

Directions: Traveling south on Gay Street, just before the Gay Street Bridge, take a left onto Hill Avenue. The gated Riverside Condominium development is located on the right, directly across from the Women's Basketball Hall of Fame. If traveling east on Neyland Drive, please take the Hall of Fame Drive exit. Turn right at the first light and then left at the second light onto Hill Avenue. The development is on the right. A gate code is needed in order to enter the development. Garage & parking lot spaces are assigned, & visitor parking is available to the left at the eastern end of the development. Public Remarks: Exceptional 3-bedroom, 2.5 bath with study, open loft area, expansive rooftop terrace and detached garage in Downtown's Waterfront District. Enjoy sweeping river views from the incredible rooftop terrace perched above the Tennessee River, spacious living and 'sun room' with floor-to-ceiling windows, beautifully updated kitchen and baths, study with a skylight, inviting front porch, garage with custom cabinets and finished overhead storage. Located in the serene gated Riverside Condominiums development, just steps from Volunteer Landing Marina and an easy stroll to the Theater District, Old City and the University of Tennessee. Aprx size provided by appraiser's sketch, is an estimate only and is not guaranteed. Total approx. size of 1897sf includes aprx. 1112sf main level and aprx. 785sf upper level. Additionally, there is an aprx. 105sf rooftop patio that opens into the master bedroom, a front porch, and an aprx. 196sf detached garage/workshop with upper-level storage. Buyer to verify size, taxes and HOA fees, which are subject to change. Short-Term Rentals / AirBnBs are not permitted by the HOA. The HOA charges a $900 Initiation Fee to new owners.

Atchd/Dtchd Type

Attached: 1

Style

Contemporary: 1 Other: 1

Construction

Frame: 1 Other: 1

Siding

Other: 1

Fireplace

Gas Log: 1

Cooling

Ceiling Fan(s): 1 Central Cooling: 1

Floors

Carpet: 1 Tile: 1 Other: 1

Garage/Parking

Garage Spaces: 1 Designated Parking: 1 Detached: 1 Off-Street Parking: 1

Basement

None: 1

Lot Description

Other: 1

Fuel

Electric: 1 Gas (Natural): 1

View

City: 1 Lake View: 1

Heat

Central: 1 Heat Pump: 1

Community Amenities

Lawn Care: 1 Other - See Remarks: 1

Dining Area

Living Rm/Dining Rm: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Range: 1 Refrigerator: 1 Security Alarm: 1 Washer: 1 Other: 1

Other Rooms

Den/Study: 1 Great Room: 1 Laundry/Utility: 1

Exterior Features

Deck: 1 Porch - Covered: 1 Windows - Insulated: 1

Misc Features

Drapes: 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 Grounds Maintenance: 1 Pest Contract: 1 Trash: 1

New Financing

Cash: 1 Conventional: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 550 Street Name: Riverfront St Suffix: Way State/Province: TN Zip Code: 37915 PIN #: 095JB00900J Subdivision: Riverside Condominiums Geo Lat: 35.962511 Geo Lon: -83.910083

Status Change Info

Status Change Date: 2024-04-25 Under Contract Date: 2024-03-21 Sold Date: 2024-04-25 Sold Price: $825,000

Property Features

Style: Contemporary; Other Construction: Frame; Other Siding: Other Basement: None Lot Description: Other View: Lake View Fireplace: Gas Log Floors: Carpet; Tile; Other Fuel: Electric; Gas (Natural) Heat: Central; Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Security Alarm; Washer; Other Sewer: Public Sewer Water: Public Other Rooms: Den/Study; Great Room; Laundry/Utility Misc Features: Drapes; Walk-in Shower; Washer/Dryer Connect; Wired for Internet Exterior Features: Deck; Porch - Covered; Windows - Insulated Dining Area: Living Rm/Dining Rm Community Amenities: Lawn Care; Other - See Remarks Association Fee Incl: Association Ins; Grounds Maintenance; Pest Contract; Trash Showing: See Agent Instructns New Financing: Cash; Conventional
Listing Office: Downtown Realty, Inc.
IDX
Office Phone: 865-588-5535
Last Updated: April - 26 - 2024
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.