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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

Location, Tax & Legal Info

House #: 550 Street Name: Riverfront St Suffix: Way State/Province: TN Zip Code: 37915 Property Sub-Type: Condominium Area: Knox County - 1 City/County Code: City Limits PIN #: 095JB00900J Subdivision: Riverside Condominiums Community: Downtown Total Tax: 3420.25 Geo Lat: 35.962511 Geo Lon: -83.910083

Contract Info

Auction Y/N: No Listing Price: 835000 Current Price: $825,000 Status: Closed Listing Date: 2024-03-21 Cooperation Comp: 2 Compensation Type: % Occupancy: Permanent Residence

General Property Description

Type: 2 Story Lot Dimensions: Condominium Acre Source: Appraiser Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 1897 SqFt - Main Lvl: 1112 SqFt - 2nd Flr Lvl: 785 # Bedrooms: 3 Baths - Full: 2 Baths - 1/2: 1 # of Rooms: 9 Fireplace: Yes # Fireplace: 1 Property Status: N/A HOA: Mandatory HOA Fee: 450 HOA Freq: Monthly HOA Contact: Judy Lamb, Realty Resources - (865) 584-9099 Position of Unit: Upper Level Year Built: 1996 Bonus Room: Yes Extra Storage: Yes

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.

Status Change Info

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

Garage/Parking

Garage Spaces: 1

Property Features

Atchd/Dtchd Type: Attached Style: Contemporary; Other Construction: Frame; Other Siding: Other Garage/Parking: Designated Parking; Detached; Off-Street Parking Basement: None Lot Description: Other View: Lake 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.
Office Phone: 865-588-5535
Last Updated: April - 26 - 2024
550 Riverfront Way, Knoxville, TN 37915- MLS# 1256858
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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