Welcome to the CENTER of downtown Knoxville when you choose this street level condo. The studio loft is just across the street from Mast General Store and offers hardwood flooring, a sleeping loft, all appliances including a modern washer and dryer, and bathroom with tub and tiled shower. You'll love the tall ceilings, the exposed brick walls, the track lighting, and the walls of windows when you want tons of light pouring in. Walk one block to Market Square or cruise down Gay Street from your front door. There is a large storage locker in the basement of the building for additional storage too. If you have never lived downtown, you have not truly lived!
Sold for $370,000
$370,000
401 S Gay St, Knoxville, TN 37902
1beds
755sqft
Condominium
Built in 1910
-- sqft lot
$396,300 Zestimate®
$490/sqft
$1,910 Estimated rent
Home value
$396,300
$373,000 - $424,000
$1,910/mo
Zestimate® history
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$2,233/mo
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Zillow last checked:
Listing updated:
Listed by:
Dwight Price,
The Dwight Price Group Realty Executives Associates
Bought with:
Melinda Grimac, 322821
Alliance Sotheby's International
Source: East Tennessee Realtors,MLS#: 1258829
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Heat Pump, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Flooring: Hardwood, Tile
- Windows: Insulated Windows, Aluminum Frames
- Basement: Other
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 755
- Total interior livable area: 755 sqft
Property
Parking
- Parking features: None
Features
- Has view: Yes
- View description: City
Lot
- Features: Corner Lot
Details
- Parcel number: 094LE00200N
Construction
Type & style
- Home type: Condo
- Architectural style: Historic
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- Year built: 1910
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Lerner Lofts Condos
HOA
- Has HOA: Yes
- Services included: Fire Protection, Maintenance Structure, Insurance, Trash, Security
- HOA fee: $87 monthly
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $490/sqft
- Tax assessed value: $213,300
- Annual tax amount: $829
- Date on market: 4/13/2024
- Listing terms: New Loan,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/28/2024 | Sold | $370,000-3.9%$490/sqft |
Source:  East Tennessee Realtors #1258829 Report a problem | ||
| 5/27/2024 | Pending sale | $385,000$510/sqft |
Source: East Tennessee Realtors #1258829 Report a problem | ||
| 4/13/2024 | Listed for sale | $385,000+45.3%$510/sqft |
Source: East Tennessee Realtors #1258829 Report a problem | ||
| 8/21/2017 | Listing removed | $995$1/sqft |
Source: Price & Associates Realtors, LLC Report a problem | ||
| 8/15/2017 | Listed for rent | $995+11.2%$1/sqft |
Source: Price & Associates Realtors, LLC Report a problem | ||
| 10/7/2015 | Listing removed | $895$1/sqft |
Source: Price and Associates Realtors Report a problem | ||
| 9/11/2015 | Price change | $895-5.8%$1/sqft |
Source: Price and Associates Realtors Report a problem | ||
| 8/25/2015 | Price change | $950-4.5%$1/sqft |
Source: Price and Associates Realtors Report a problem | ||
| 7/30/2015 | Price change | $995-0.5%$1/sqft |
Source: Price and Associates Realtors Report a problem | ||
| 7/21/2015 | Price change | $1,000-9.1%$1/sqft |
Source: Price and Associates Realtors Report a problem | ||
| 6/11/2015 | Listed for rent | $1,100$1/sqft |
Source: Price and Associates Realtors Report a problem | ||
| 5/26/2006 | Sold | $264,900$351/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $829 | $53,325 |
| 2024 | $829 | $53,325 |
| 2023 | $829 | $53,325 |
| 2022 | $829 +19.6% | $53,325 +63.1% |
| 2021 | $693 | $32,700 -75% |
| 2020 | $693 | $130,800 |
| 2019 | $693 | $130,800 |
| 2018 | $693 -56.8% | -- |
| 2017 | $1,603 -2.1% | $32,700 |
| 2016 | $1,638 | -- |
| 2015 | $1,638 | -- |
| 2014 | $1,638 +14% | -- |
| 2013 | $1,436 +109.3% | -- |
| 2012 | $686 | -- |
| 2011 | $686 | $29,075 |
| 2010 | $686 | $29,075 |
| 2009 | $686 -7% | $29,075 +6% |
| 2008 | $738 | $27,425 |
| 2007 | $738 | $27,425 |
| 2006 | $738 | $27,425 |
| 2005 | $738 | $27,425 |
Find assessor info on the county website
Neighborhood: Downtown Knoxville
Nearby homes
- $570,0002 bd2 ba1.6k sqft304 Wall Ave #11, Knoxville, TN 37902Sold
- $771,3002 bd2 ba1.7k sqft403 S Gay St #202, Knoxville, TN 37902Off Market
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Nearby schools
GreatSchools rating
- 10/10Sequoyah Elementary SchoolGrades: K-5Distance: 3.5 mi
- 2/10Vine Middle/MagnetGrades: 6-8Distance: 1 mi
- 4/10Austin East High/MagnetGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Sequoyah
- Middle: Vine/Magnet
- High: Austin East/Magnet
Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$396,300
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Estimated market value
$396,300
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