116 South Gay Street, Unit M101

116 South Gay Street, Unit M101

Knoxville, TN 37902

$629,000
Price
2
Beds
2
Baths
1,130 Sq. Ft.
$557 / Sq. Ft.
1,130
Sq. Ft.
$557
per Sq. Ft.
Sterchi Lofts
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Description

Welcome to your urban oasis in the heart of downtown Knoxville! This stunning 2 bedroom, 2 bath industrial minimalistic style condo is the perfect blend of modern design and functionality. Upon entering, you will be greeted by an open concept living space with easy to maintain concrete floors and exposed ductwork, giving the home a sleek and contemporary feel. The kitchen features stainless steel appliances (all appliances convey), quartz countertops, and minimalist cabinetry for a clean and streamlined...Welcome to your urban oasis in the heart of downtown Knoxville! This stunning 2 bedroom, 2 bath industrial minimalistic style condo is the perfect blend of modern design and functionality. Upon entering, you will be greeted by an open concept living space with easy to maintain concrete floors and exposed ductwork, giving the home a sleek and contemporary feel. The kitchen features stainless steel appliances (all appliances convey), quartz countertops, and minimalist cabinetry for a clean and streamlined look. The unit also features motorized blinds, bidets in both bathrooms, and all the furniture can be purchase separately for a true turnkey experience. This condo is situated in a prime location, just steps away from all the shops, restaurants, and entertainment that downtown has to offer. In addition, the building amenities include a rooftop deck with stunning city and mountain views and a 24-hour accessible fitness center. Parking is located nearby on Vine Avenue and Jackson Ave. Don't miss out on the opportunity to live in this trendy and stylish condo - schedule your showing today!
  1. Listed by Joe Consumo • Terminus Real Estate, Inc.

Property Details for 116 South Gay Street, Unit M101

Architectural Style
Historic
Sub division Name
Sterchi Lofts Condominiums
View
Mountain View, City
Style Historic
True

Location

Listing Courtesy of Terminus Real Estate, Inc., Joe Consumo
Add your commute
LISTING UPDATED: 04/19/2024 09:10 AM

Property Details for 116 South Gay Street, Unit M101

StatusActive
MLS #1254375
Days on Market58
Taxes$3,894 / year
HOA Fees$278 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeSingle Family / Condominium
Year Built1920
CountyKnox County

Location

Listing Courtesy of Terminus Real Estate, Inc., Joe Consumo
Add your commute

Building Information for 116 South Gay Street, Unit M101

Building/Complex116 S Gay StFloor-Stories-Residences-Pet Policy-Year Built1920

Payment Calculator

$4,035 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,433

Property Taxes

$325

HOA Dues

$278

The Payment Calculator is for illustrative purposes only.

Property Information for 116 South Gay Street, Unit M101

Summary
Location and General Information
  • City: Knoxville
  • County Or Parish: Knox County - 1
  • Directions: Located downtown on South Gay Street in between West Summit Hill Drive and West Jackson Ave. Sterchi Lofts is located in the 100 block of the Arts District, within walking distance to Market Square, the Old City and just a few minutes drive to campus.
  • Latitude: 35.968495
  • Longitude: -83.919987
  • MLS Area Major: Knox County - 1
  • MLS Area Minor: Knox County - 1
  • Postal Code: 37902
  • State Or Province: TN
  • Unit Number: M101
  • View City: True
  • View Mountain View: True
  • Location Tax Legal Info Unit Number: M101
  • Location Tax Legal Info Area: Knox County - 1
  • Remarks Misc Directions: Located downtown on South Gay Street in between West Summit Hill Drive and West Jackson Ave. Sterchi Lofts is located in the 100 block of the Arts District, within walking distance to Market Square, the Old City and just a few minutes drive to campus.
Parking
  • Attached Garage: No
  • Parking Features: On-Street Parking, Other, Off-Street Parking
  • Atchd Dtchd Type Attached: True
  • Garage Parking Off-Street Parking: True
  • Garage Parking On-Street Parking: True
Taxes and HOA Information
  • Association Fee: 278.0
  • Association Fee Includes: Fire Protection, Building Exterior, Association Ins, Trash, Grounds Maintenance, Pest Contract
  • Association: true
  • Association Fee Frequency: Monthly
  • Parcel Number: 094EG04300E
  • Association Fee Incl Association Ins: True
  • Association Fee Incl Building Exterior: True
  • Association Fee Incl Fire Protection: True
  • Association Fee Incl Grounds Maintenance: True
  • Association Fee Incl Pest Contract: True
  • Association Fee Incl Trash: True
  • Location Tax Legal Info Total Tax: 3894.15
  • General Property Description HOA Fee: 278.0
  • General Property Description HOA Freq: Monthly
  • General Property Description HOA Contact: Sterchi Lofts HOA 865-673-6300
  • General Property Description HOA: Mandatory
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.03
  • Lot Size Units: Acres
  • Lot Size Square Feet: 1306.8
  • Year Built: 1920
  • Building Area Total: 1130.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.03
  • Lot Size Source: Tax Records
  • General Property Description SqFt - Main Lvl: 1130.0
  • General Property Description SqFt - Down Lvl: 0.0
  • General Property Description SqFt - 2nd Flr Lvl: 0.0
  • General Property Description SqFt - 3rd Flr Lvl: 0.0
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Acres: 0.03
  • General Property Description Acre Source: Tax Records
  • General Property Description Site Built: Yes
  • Lot Description Other: True
Property and Assessments
  • Possession: At Closing
  • Property Attached: Yes
  • Property Type Label: Single Family
  • Floor Plans Count: 0
  • Property Type: Single Family
  • Property Sub Type: Condominium
  • Possession At Closing: True
Utilities
  • General Property Description Sewer: Public Sewer
  • Fuel Electric: True
  • Misc Features Internet Available: True
  • Misc Features Wired for Internet: True
  • Sewer Public Sewer: True
  • Water Public: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Insulated
  • Association Amenities: Elevator(s)
  • Construction Materials: Brick, Metal, Steel Siding
  • Siding Brick: True
  • Siding Metal: True
  • Community Amenities Elevator: True
  • Community Amenities Exercise Room: True
  • Community Amenities Sidewalks: True
  • Exterior Features Windows - Insulated: True
  • Misc Features Elevator: True
  • Misc Features Pantry: True
Interior Features
  • Beds Total: 2
  • Baths Full: 2
  • Baths Half: 0
  • Fireplaces Total: 0
  • Fireplace: No
  • Bathrooms Total Integer: 2
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Dryer, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Fireplace Features: Other, None
  • Heating: Yes
  • Fireplace None: True
  • Cooling Central Cooling: True
  • Basement None: True
  • General Property Description Number of Bedrooms: 2
  • General Property Description Number of Rooms: 4
  • General Property Description Fireplace: No
  • General Property Description Number of Fireplace: 0.0
  • General Property Description Basement: No
  • General Property Description Bonus Room: No
  • Heat Central: True
  • Dining Area KitchenDining Rm Co: True
  • Dining Area Living Room Dining Room: True
  • Appliances Dishwasher: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Self Cleaning Oven: True
  • Appliances Smoke Detector: True
  • Appliances Washer: True
  • Misc Features Walk-in Shower: True
  • Misc Features WasherDryer Connect: True
Room Information
Room
  • Rooms Total: 4
Rental
Rent Information
  • Contract Info Occupancy: Permanent Residence
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Electric

Property History for 116 South Gay Street, Unit M101

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 116 South Gay Street, Unit M101

Taxable ValueLand-Additions-Total-
Tax Record2023$4,230 ($352 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,130 SqFtAbove Grade Finished SqFt1,130 SqFtStories1Lot Size130 SqFtStyleCondominiumYear Built1920Year Renovated2010CountyKNOXAPN094EG04300E

Schools near 116 South Gay Street, Unit M101

This home is within Knox County School District.
Rating
School
Type
Grades
Distance
Sequoyah Elementary School
Public - PK to 5
Vine Middle/Magnet
Public - 6 to 8
Austin East High/Magnet
Public - 9 to 12
L & N Stem Academy
Public - 9 to 12
Rating
School
Distance
Sequoyah Elementary School
PublicPK to 5

Vine Middle/Magnet
Public6 to 8

Austin East High/Magnet
Public9 to 12

L & N Stem Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 116 South Gay Street, Unit M101, Knoxville, TN 37902

116 South Gay Street, Unit M101 is a condo for sale in Knoxville, TN 37902. This property was listed for sale on March 1, 2024 by Terminus Real Estate, Inc., it's currently listed at $629,000. It has been on the market for a total of 58 days and was last sold on June 12, 2020. This listing's school district is Knox County School District. Nearby schools include Sequoyah Elementary School, Vine Middle/Magnet and Austin East High/Magnet. 116 South Gay Street, Unit M101 is a 2-bed, 2-bath, 1,130 sqft condo built in 1920.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Terminus Real Estate, Inc., Joe Consumo

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 04/19/2024 09:10 AM