707 Market St 5, Knoxville, TN 37902

$517,000
Property Type: Single Family Bedrooms: 1 Square Footage: 950 Status: Closed
Current Price: $517,000 List Date: 12/07/2023 Last Modified: 3/22/2024

Description

Live on one of the most picturesque streets in Downtown Knoxville. Just two blocks from Krutch Park and vibrant Market Square, this spacious top-floor corner residence offers historic charm and character with a fresh and modern flair. Renovated in 2017, this bright and sunny residence, with its expansive original windows and high ceilings, features meticulously restored original 5-paneled doors, original hardware, rich wood trim and beautiful hardwood floors, which date from the building's construction in the early 1900's. Recent 2017 renovations include a bright new kitchen that opens onto a private balcony, abundant storage, new (2017) dishwasher, disposal, oven/range, & washer/dryer, along with a new bathroom that includes sleek tile & contemporary fixtures. In addition to its spacious bedroom, open kitchen, and dining area, this unique residence also includes a cozy living room, complete with its original restored wood-burning fireplace. This small, private building, with only 5 residences and beautifully restored street-level law office, recently completed substantial exterior improvement and updated its common areas. Please note that there is no elevator in the building. HOA fee is paid annually and is currently $1320/yr. HOA fee includes water. Approx. size per Courthouse Retrieval System is an estimate only and is not guaranteed. Previous owner's appraisal estimated size to be approx. 923sf. Buyer to verify size, taxes and HOA information, which are subject to change. Property currently leased through March 1, 2024. Current HOA rules do not restrict length of leases.

More Information MLS# 1247505

Contract Info

Auction Y/N: No Occupancy: Either Listing Price: 550000 Current Price: $517,000 Status: Closed Listing Date: 2023-12-07

Location, Tax & Legal Info

Unit #: 5 Area: Knox County - 1 Property Sub-Type: Condominium Community: Downtown City/County Code: City Limits Total Tax: 2041.21

General Property Description

Type: Other # Bedrooms: 1 Lot Dimensions: Condominium Acre Source: Tax Records # of Rooms: 5 Restrictions: Yes Site Built: Yes Fireplace: Yes HOA Fee: 110 HOA Freq: Monthly HOA Contact: Amanda Mohney - mohney@gmail.com Property Status: N/A SqFt - Main Lvl: 950 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 # Fireplace: 1 HOA: Mandatory Position of Unit: Top Floor Corner Basement: No Bonus Room: No Extra Storage: No SqFt - Total (Aprox): 950 Baths - Full: 1 Year Built: 1920

Remarks & Misc

Directions: Situated on charming Market Street between Church and Cumberland. From Market Square, walk south to Market St. Cross over Clinch Avenue and then Church Avenue. Building is on the right. Public parking is available in the Locust St, Walnut St, State St & Market Square garages, where night and weekend parking is generally free to the public and Downtown residents are currently offered reduced rates for monthly parking permits (aprx. $35-$45/month); subject to availability. Metered parking and private lots and garages are nearby as well. Public Remarks: Live on one of the most picturesque streets in Downtown Knoxville. Just two blocks from Krutch Park and vibrant Market Square, this spacious top-floor corner residence offers historic charm and character with a fresh and modern flair. Renovated in 2017, this bright and sunny residence, with its expansive original windows and high ceilings, features meticulously restored original 5-paneled doors, original hardware, rich wood trim and beautiful hardwood floors, which date from the building's construction in the early 1900's. Recent 2017 renovations include a bright new kitchen that opens onto a private balcony, abundant storage, new (2017) dishwasher, disposal, oven/range, & washer/dryer, along with a new bathroom that includes sleek tile & contemporary fixtures. In addition to its spacious bedroom, open kitchen, and dining area, this unique residence also includes a cozy living room, complete with its original restored wood-burning fireplace. This small, private building, with only 5 residences and beautifully restored street-level law office, recently completed substantial exterior improvement and updated its common areas. Please note that there is no elevator in the building. HOA fee is paid annually and is currently $1320/yr. HOA fee includes water. Approx. size per Courthouse Retrieval System is an estimate only and is not guaranteed. Previous owner's appraisal estimated size to be approx. 923sf. Buyer to verify size, taxes and HOA information, which are subject to change. Property currently leased through March 1, 2024. Current HOA rules do not restrict length of leases.

Atchd/Dtchd Type

Attached: 1

Style

Historic: 1 Other: 1

Construction

Brick: 1 Other: 1

Siding

Brick: 1 Other: 1

Fireplace

Wood Burning: 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

Heat Pump: 1

Community Amenities

Sidewalks: 1

Dining Area

Eat-in Kitchen: 1 Formal Dining Area: 1

Appliances

Dishwasher: 1 Dryer: 1 Range: 1 Refrigerator: 1 Smoke Detector: 1 Washer: 1

Exterior Features

Balcony: 1

Misc Features

Kitchen Island: 1 Washer/Dryer Connect: 1

Sewer

Public Sewer: 1

Water

Public: 1

Association Fee Incl

Association Ins: 1 Building Exterior: 1 Sewer: 1 Water: 1

New Financing

Cash: 1 Other: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 707 Street Name: Market St Suffix: St State/Province: TN Zip Code: 37902 PIN #: 094LG03201D Subdivision: The Cunningham Condominiums Geo Lat: 35.962675 Geo Lon: -83.9183

Status Change Info

Status Change Date: 2024-03-22 Under Contract Date: 2024-02-27 Sold Date: 2024-03-20 Sold Price: $517,000

Property Features

Style: Historic; Other Construction: Brick; Other Siding: Brick; Other Basement: Other Lot Description: Other Fireplace: Wood Burning Floors: Hardwood; Tile Fuel: Electric Heat: Heat Pump Cooling: Ceiling Fan(s); Central Cooling; Other Appliances: Dishwasher; Dryer; Range; Refrigerator; Smoke Detector; Washer Sewer: Public Sewer Water: Public Misc Features: Kitchen Island; Washer/Dryer Connect Exterior Features: Balcony Dining Area: Eat-in Kitchen; Formal Dining Area Community Amenities: Sidewalks Association Fee Incl: Association Ins; Building Exterior; Sewer; Water Showing: See Agent Instructns New Financing: Cash; Other
Listing Office: Downtown Realty, Inc.
IDX
Office Phone: 865-588-5535
Last Updated: March - 22 - 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.