The best of city living! This industrial minimalistic studio is conveniently located walking distance to Market Square, the Old City, Volunteer Landing, and the future site of the new baseball stadium. Sterchi Lofts is also just minutes away from the University of Tennessee, Happy Holler and the developing South Knoxville waterfront area! Step outside to enjoy the best food and entertainment downtown Knoxville has to offer. Attend football games, concerts, shows and many more seasonal events easily accessible from the 100 block of the Arts District. You will love the panoramic city and mountain views from the rooftop deck overlooking the city skyline. Sterchi Lofts is an amazing place to call home! **Please allow 24 hours' notice on showing requests, the unit is occupied, and the current tenant will be moving out Dec 6th. Lease agreement would convey to new owners. **Buyers to verify sq ft**
Sold for $340,000
$340,000
116 S Gay St #408, Knoxville, TN 37902
1beds
620sqft
Condominium
Built in 1920
-- sqft lot
$366,500 Zestimate®
$548/sqft
$1,789 Estimated rent
Home value
$366,500
$341,000 - $392,000
$1,789/mo
Zestimate® history
Owner options
List your home for rent
$1,789/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,789/mo
Rent Zestimate®
Refinance and save
$2,136/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,136/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Joe Consumo 865-386-3406,
Terminus Real Estate, Inc.
Bought with:
Teresa Ball, 373429
Ball Realty & Auction, Inc.
Source: East Tennessee Realtors,MLS#: 1242771
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Microwave, Range, Refrigerator, Self Cleaning Oven
Features
- Elevator, Eat-in Kitchen
- Flooring: Other
- Windows: Aluminum Frames
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 620
- Total interior livable area: 620 sqft
Property
Parking
- Parking features: Off Street, Other
Features
- Has view: Yes
- View description: Mountain(s), City
Lot
- Size: 1,306 Square Feet
- Features: Other
Details
- Parcel number: 094EG04301T
Construction
Type & style
- Home type: Condo
- Architectural style: Historic
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Steel, Brick, Metal Siding
Condition
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Sterchi Lofts Condominiums
HOA
- Has HOA: Yes
- Services included: Pest Control, Fire Protection, Maintenance Structure, Insurance, Trash, Sewer, Some Amenities, Maintenance Grounds
- HOA fee: $152 monthly
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $548/sqft
- Tax assessed value: $211,100
- Annual tax amount: $820
- Date on market: 10/13/2023
Price history
| Date | Event | Price |
|---|---|---|
| 10/14/2024 | Listing removed | $1,850$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/11/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/8/2024 | Listed for rent | $1,850+5.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/10/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/15/2023 | Listed for rent | $1,750$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 12/8/2023 | Sold | $340,000-10.5%$548/sqft |
Source:  East Tennessee Realtors #1242771 Report a problem | ||
| 11/22/2023 | Pending sale | $379,900$613/sqft |
Source: East Tennessee Realtors #1242771 Report a problem | ||
| 10/13/2023 | Listed for sale | $379,900+79.2%$613/sqft |
Source: East Tennessee Realtors #1242771 Report a problem | ||
| 7/2/2020 | Sold | $212,000$342/sqft |
Source: East Tennessee Realtors #1112066 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $820 | $52,775 |
| 2024 | $820 | $52,775 |
| 2023 | $820 | $52,775 |
| 2022 | $820 -10.9% | $52,775 +21.7% |
| 2021 | $920 +181.3% | $43,375 -29.7% |
| 2020 | $327 | $61,700 |
| 2019 | -- | -- |
Find assessor info on the county website
Neighborhood: Old City
Nearby homes
- $605,0002 bd1 ba990 sqft116 S Gay St APT 206, Knoxville, TN 37902Sold
- $420,0001 bd1 ba600 sqft116 S Gay St APT 202, Knoxville, TN 37902Sold
- $460,0002 bd1 ba990 sqft116 S Gay St APT 306, Knoxville, TN 37902Sold
- $530,0002 bd2 ba1.1k sqft116 S Gay St APT M102, Knoxville, TN 37902Sold
- $345,0001 bd1 ba660 sqft116 S Gay St APT 304, Knoxville, TN 37902Sold
- $338,0001 bd1 ba600 sqft116 S Gay St APT 402, Knoxville, TN 37902Sold
- $480,0002 bd1 ba900 sqft116 S Gay St #903, Knoxville, TN 37902Sold
- $629,0002 bd2 ba1.3k sqft116 S Gay St #L104, Knoxville, TN 37902Sold
Nearby schools
GreatSchools rating
- 10/10Sequoyah Elementary SchoolGrades: K-5Distance: 3.5 mi
- 2/10Vine Middle/MagnetGrades: 6-8Distance: 0.9 mi
- 4/10Austin East High/MagnetGrades: 9-12Distance: 2.4 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$366,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$366,500
- Tennessee
- Knox County
- Knoxville
- 37902
- Old City
- 116 S Gay St Unit 408
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Knoxville Topics
