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$669,000   Price Analysis
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116 S Gay St Apt L101
Knoxville, TN 37902
2 bed 2 bath 1,130 SqFt ($592/SqFt)
1,307SqFt lot. Built 1920
Listed 2024-01-08, HOA $279, Taxes $4,229
Ⓧ USDA Ineligible
due to location

near Knoxville

Enjoy the best of city living in this stylish 2bedroom 2 bath condominium situated in the heart of the Downtown Knoxville.

Sterchi Lofts is conveniently located within walking distance to The Tennessee Theatre, Market Square, Old City and the future location of the new baseball stadium. It is also a few minutes' drive to the University of Tennessee campus and the growing South Knoxville riverfront area! The building features a gym and a rooftop deck with gorgeous views of both the city skyline and the Great Smokey Mountains and will look out over the baseball stadium upon its completion. Walk to all the best restaurants, lounges and entertainment venues that Knoxville has to offer.

Bike the 30+ miles of greenway located near Volunteer Landing as well as walk and hike around the nearby Ijams Nature Center. The unit boasts an open floorplan, large window in the living area to let in natural light and it is wired for ATandT fiber optic for owners who want ultra-fast internet. Parking is nearby at Vine Ave and Jackson Ave. Parking passes can be leased out monthly. The building also has additional storage that can be rented out monthly. This is a extraordinary opportunity to own a wondrful downtown property. Don't miss this chance to enjoy all the perks of city life with this wonderfully decorated condo. Buyers to verify sq ft.


Presented by Joe Consumo at
Terminus Real Estate, Inc.
Listing Agent Photo

Property MLS #1249620 from EastTennessee

Bedrooms: 2

Total Rooms: 4
Extra Room-1 Description: No

Total Bathrooms: 2
Full Bathrooms: 2

Elevator
Island in Kitchen
Pantry
Eat-in Kitchen

Dishwasher
Microwave
Range
Refrigerator
Self Cleaning Oven
Smoke Detector

Cooling Features: Central Cooling
Heating Features: Central, Electric
Heating: Yes

Windows - Aluminum

Lot Size Acres: 0.03
Lot Size Source: Tax Records
Lot Size Square Feet: 1307

Parking Features: On-Street Parking, Off-Street Parking

View: Mountain View, City

Association: Yes
Association Amenities: Elevator(s)
Association Fee: 279
Association Fee Frequency: Monthly
Association Fee Includes: Fire Protection, Building Exterior, Association Ins, Some Amenities, Grounds Maintenance, Pest Contract
Calculated Total Monthly Association Fees: 279

Community Features: Sidewalks

Annual Tax Amount: 3894.150000000
Source Listing Status: Active
County: Knox County - 1
Directions: Located in the Sterchi Lofts on the beautiful historic 100 Block of Gay Street between Summit Hill and Jackson Ave.
Disclaimer: No
Source Property Type: Single Family
Area: Knox County - 1
Property Subtype: condo
MLS Area Minor: Knox County - 1
Source Neighborhood: Sterchi Lofts Condos Unit L101
Parcel Number: 094EG04300A
Subdivision: Sterchi Lofts Condos Unit L101
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$104,975
$4,229
2021$unknown + $unknown
$76,025
$3,728
2020$unknown + $unknown
$27,950
$1,281

Price Changed 2024-02-16
$669,000
EastTennessee
Listed 2024-01-08
$679,000
EastTennessee
Sold 2020-05-27
$362,275
Public Record
Listed 2020-05-26
$360,000
EastTennessee

Total Square Feet Living: 1130
Year Built: 1920
Building Area Total: 1130
Building Exterior Type: Brick
Construction Materials: Brick
Living Area Source: Tax Records
Property Age: 104
Property Attached: Yes
Total Area Sqft: 1130
Architectural Style: Historic

Sewer: Public Sewer
Water Source: Public

Vine Middle/Magnet is a public middle school located approximately 0.9 miles away.
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Austin East High/Magnet is a public high school located approximately 2.4 miles away.
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Sequoyah Elementary School is a public elementary school located approximately 3.5 miles away.
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Christian Fellowship Academy is a private elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.