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Sold for $1,150,000
  • $1,150,000

    416 S Gay St APT 303, Knoxville, TN 37902

    2beds
    1,761sqft
    Condominium
    Built in 1905
    -- sqft lot
    $1,155,800 Zestimate®
    $653/sqft
    $3,130 Estimated rent

    Home value

    $1,155,800

    $1.10M - $1.21M

    $3,130/mo

    Zestimate® history
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    What's special

    Spacious walk-in closetFresh interior paintTimeless architectural characterHistoric jcpenney buildingBespoke wardrobeExposed brick and ductworkCustom laundry cabinetry
    Prime Gay Street location in the heart of downtown. This beautifully designed two-bedroom residence is set within the historic JCPenney Building, with Maple Hall, featuring bowling, dining, and a full-service bar, just downstairs. Revitalized in 2016, the building blends timeless architectural character with modern convenience, offering true downtown living with exceptional walkability, security, and comfort. The thoughtfully curated floor plan features gleaming hardwood floors, soaring ceilings, oversized windows including a juliette balcony that provide tons of natural light, exposed brick and ductwork, full-height walls for enhanced privacy, and an open-concept living and kitchen area accented by concrete countertops and refined finishes, perfect for entertaining. The owner's suite offers a private retreat with a tiled walk-in shower, double vanities, marble tile surrounding the soaking tub, and a spacious walk-in closet. Recent upgrades include custom laundry cabinetry, a bespoke wardrobe, a custom closet system, and fresh interior paint. In addition to the kitchen appliances, the washer and dryer, and living room TV convey, for a move-in-ready experience. Steps from Market Square, the Tennessee Theatre, dining, shopping, and entertainment, with nearby parking options and close proximity to the University of Tennessee, the Old City, and the new Smokies baseball stadium. A rare opportunity in one of downtown's most iconic locations.

    Zillow last checked:

    Listing updated:

    Listed by:

    Buck Young 865-406-2513,

    Gables & Gates, REALTORS

    Bought with:

    Kimberly Dixon Hamilton, 290479

    Downtown Realty, Inc.

    Source: East Tennessee Realtors,MLS#: 1327534MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven
    Features
    • Walk-In Closet(s), Kitchen Island, Pantry, Breakfast Bar, Eat-in Kitchen
    • Flooring: Other, Hardwood, Tile
    • Windows: Windows - Vinyl, Insulated Windows
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,761
    • Total interior livable area: 1,761 sqft

    Property

    Parking
    • Parking features: On Street, Other
    • Has uncovered spaces: Yes
    Features
    • Has view: Yes
    • View description: City
    Lot
    • Size: 1,742 Square Feet
    • Features: Other, Level
    Details
    • Parcel number: 095IA03701K

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary,Historic
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, Block
    Condition
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Features: Sidewalks
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Security, Other
    • Services included: Fire Protection, Maintenance Structure, Insurance, Trash, Sewer, Security, Some Amenities, Maintenance Grounds, Water
    • HOA fee: $504 monthly
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $653/sqft
    • Tax assessed value: $580,600
    • Annual tax amount: $2,256
    • Date on market: 1/24/2026
    • Listing terms: New Loan,Cash,Conventional

    Price history

    DateEventPrice
    2/26/2026Sold$1,150,000$653/sqft
    Source: East Tennessee Realtors #1327534 Report a problem
    2/7/2026Pending sale$1,150,000$653/sqft
    Source: East Tennessee Realtors #1327534 Report a problem
    1/24/2026Listed for sale$1,150,000+15.6%$653/sqft
    Source: East Tennessee Realtors #1327534 Report a problem
    6/16/2025Sold$995,000$565/sqft
    Source: East Tennessee Realtors #1297385 Report a problem
    5/12/2025Pending sale$995,000$565/sqft
    Source: East Tennessee Realtors #1297385 Report a problem
    4/19/2025Listed for sale$995,000+126.1%$565/sqft
    Source: East Tennessee Realtors #1297385 Report a problem
    2/3/2017Sold$440,000$250/sqft
    Source: East Tennessee Realtors #967195 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,256 $145,150
    2024$2,256 $145,150
    2023$2,256 $145,150
    2022$2,256 -5.1%$145,150 +29.5%
    2021$2,377 $112,125 -75%
    2020$2,377 $448,500
    2019$2,377 $448,500 +5.4%
    2018$2,377 -23.8%$425,400 +279.4%
    2017$3,121 -41.8%$112,125
    2016$5,366 --
    Find assessor info on the county website

    Neighborhood: Downtown Knoxville

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,155,800
    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
    $1,155,800