Located in the heart of downtown Knoxville this Short-Term Rental is perfect for a combination of personal use and income generation. Located within walking distance to the best shopping, restaurants and nightlife that downtown has to offer, this unit is a must see.
Sold for $420,000
$420,000
116 S Gay St APT 202, Knoxville, TN 37902
1beds
600sqft
Condominium
Built in 1920
-- sqft lot
$427,800 Zestimate®
$700/sqft
$1,779 Estimated rent
Home value
$427,800
$398,000 - $462,000
$1,779/mo
Zestimate® history
Owner options
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$1,779/mo
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$1,779/mo
Rent Zestimate®
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$2,582/mo
Est. payment
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$2,582/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Joe Consumo 865-386-3406,
Terminus Real Estate, Inc.
Bought with:
Shannon Simpson, 330787
Century 21 Legacy
Source: East Tennessee Realtors,MLS#: 1275141
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, 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: 600
- Total interior livable area: 600 sqft
Property
Parking
- Parking features: On Street, Off Street, Other
- Has uncovered spaces: Yes
Features
- Has view: Yes
- View description: Mountain(s), City
Lot
- Size: 435 Square Feet
- Features: Other
Details
- Parcel number: 094EG04300V
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
- Security: Smoke Detector(s)
- Subdivision: Sterchi Lofts Condos Unit 202
HOA
- Has HOA: Yes
- Services included: Pest Control, Fire Protection, Maintenance Structure, Insurance, Trash, Some Amenities, Maintenance Grounds
- HOA fee: $146 monthly
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $700/sqft
- Tax assessed value: $256,400
- Annual tax amount: $996
- Date on market: 9/2/2024
- Listing terms: Alternative,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2024 | Sold | $420,000$700/sqft |
Source:  East Tennessee Realtors #1275141 Report a problem | ||
| 9/2/2024 | Pending sale | $420,000$700/sqft |
Source: East Tennessee Realtors #1275141 Report a problem | ||
| 9/2/2024 | Listed for sale | $420,000+145.6%$700/sqft |
Source: East Tennessee Realtors #1275141 Report a problem | ||
| 4/15/2019 | Sold | $171,000$285/sqft |
Source: East Tennessee Realtors #1076116 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $996 | $64,100 |
| 2024 | $996 | $64,100 |
| 2023 | $996 | $64,100 |
| 2022 | $996 +11.5% | $64,100 +52.3% |
| 2021 | $893 | $42,100 -75% |
| 2020 | $893 | $168,400 |
| 2019 | -- | -- |
Find assessor info on the county website
Neighborhood: Old City
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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
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Estimated market value
$427,800
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
$427,800
- Tennessee
- Knox County
- Knoxville
- 37902
- Old City
- 116 S Gay St Apartment 202
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