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$835,000   Price Analysis
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550 Riverfront Way
Knoxville, TN 37915
3 bed 3 bath 1,897 SqFt ($440/SqFt)
Built 1996
Listed 2024-03-23, HOA $450, Taxes $3,715
Ⓧ USDA Ineligible
due to price & location

near Knoxville

Exceptional 3-bedroom

* No Longer For Sale *
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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, vast 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, 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 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 opns 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.


Presented by Kimberly Hamilton at
Downtown Realty, Inc.


Property MLS #1256858 from EastTennessee

Bedrooms: 3

Total Rooms: 9
Extra Room-1 Description: Yes

Total Bathrooms: 3
Full Bathrooms: 2
1/2 Bathrooms: 1

Dishwasher
Disposal
Dryer
Security Alarm
Refrigerator
Microwave
Washer

Cooling Features: Central Cooling, Ceiling Fan(s)
Fireplace Features: Gas Log
Heating Features: Central, Heat Pump, Natural Gas, Electric
Heating: Yes
Number of Fireplaces: 1

Flooring: Carpet, Tile
Window Features: Drapes

Windows - Insulated
Porch - Covered
Deck

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

Lot Size Dimensions: Condominium
Lot Size Source: Appraiser

View: City, Lake

Association: Yes
Association Fee: 450
Association Fee Frequency: Monthly
Association Fee Includes: Association Ins, Trash, Grounds Maintenance, Pest Contract
Calculated Total Monthly Association Fees: 450

Annual Tax Amount: 3420.25
Source Listing Status: Closed
County: Knox County - 1
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.
Disclaimer: No
Source Property Type: Single Family
Area: Knox County - 1
Property Subtype: condo
MLS Area Minor: Knox County - 1
Source Neighborhood: Riverside Condominiums
Owner Pays: Association Ins
Parcel Number: 095JB00900J
Subdivision: Riverside Condominiums
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$92,200
$3,715
2021$unknown + $unknown
$79,325
$3,890
2020$unknown + $unknown
$79,325
$3,636
2019$unknown + $unknown
$79,325
$3,636
2018$unknown + $unknown
$79,325
$3,636
2017$unknown + $unknown
$79,325
$3,636
2016$unknown + $unknown
$75,425
$3,805
2015$unknown + $unknown
$75,425
$3,805
2014$unknown + $unknown
$75,425
$3,805
2013$unknown + $unknown
$75,425
$3,549
2012$unknown + $unknown
$74,900
$1,768
2011$unknown + $unknown
$74,900
$1,768
2010$unknown + $unknown
$74,900
$1,768
2009$unknown + $unknown
$74,900
$1,768
2008$unknown + $unknown
$61,550
$1,656
2007$unknown + $unknown
$61,550
$1,656

Sold 2024-04-25
$825,000
EastTennessee
Listed 2024-03-23
$835,000
EastTennessee
Listing removed 2015-08-27
$285,000
EastTennessee
Listed 2015-06-12
$285,000
EastTennessee
Sold 2015-05-18
$335,500
Public Record
Sold 2012-11-19
$305,000
Public Record
Listing removed 2012-11-15
$349,900
EastTennessee
Listed 2012-09-26
$349,900
EastTennessee
Sold 2007-05-11
$285,000
Public Record
Sold 1998-01-07
$200,000
Public Record

Total Square Feet Living: 1897
Year Built: 1996
Building Area Total: 1897
Building Exterior Type: Frame
Construction Materials: Frame
Living Area Source: Appraiser
Property Age: 28
Property Attached: Yes
Total Area Sqft: 1897
Architectural Style: Contemporary

Green Magnet Math And Science Academy is a public elementary school located approximately 0.4 miles away.
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Vine Middle/Magnet is a public middle school located approximately 0.8 miles away.
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Austin East High/Magnet is a public high school located approximately 2.3 miles away.
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Christian Fellowship Academy is a private elementary and middle school located approximately 0.6 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.