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707 Market St, 5, Knoxville, TN 37902

$550,000
Property Type: Single Family Bedrooms: 1 Square Footage: 950 Status: Pending - Continue to Show
Current Price: $550,000 List Date: 12/07/2023 Last Modified: 2/28/2024

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

Location, Tax & Legal Info

House #: 707 Street Name: Market St Suffix: St Unit #: 5 State/Province: TN Zip Code: 37902 Property Sub-Type: Condominium Area: Knox County - 1 PIN #: 094LG03201D Subdivision: The Cunningham Condominiums Community: Downtown Total Tax: 2041.21 Geo Lat: 35.962675 Geo Lon: -83.9183

Contract Info

Auction Y/N: No Listing Price: 550000 Current Price: $550,000 Status: Pending - Continue to Show Listing Date: 2023-12-07 Cooperation Comp: 2 Compensation Type: % Occupancy: Either

General Property Description

Type: Other Lot Dimensions: Condominium Acre Source: Tax Records Site Built: Yes Restrictions: Yes SqFt - Total (Aprox): 950 SqFt - Main Lvl: 950 # Bedrooms: 1 Baths - Full: 1 # of Rooms: 5 Fireplace: Yes # Fireplace: 1 Property Status: N/A HOA: Mandatory HOA Fee: 110 HOA Freq: Monthly HOA Contact: Amanda Mohney - [email protected] Position of Unit: Top Floor Corner Year Built: 1920 Bonus Room: No Extra Storage: No

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.

Status Change Info

Status Change Date: 2024-02-27 Under Contract Date: 2024-02-27

Property Features

Atchd/Dtchd Type: Attached Style: Historic; Other Construction: Brick; Other Siding: Brick; Other Garage/Parking: 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: Island in Kitchen; 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.
Office Phone: 865-588-5535
Last Updated: February - 28 - 2024
707 Market St, 5, Knoxville, TN 37902- MLS# 1247505
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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