418 S Gay St, 403, Knoxville, TN 37902
$720,000
Property Type:
Single Family
Bedrooms:
3
Square Footage:
1,845
Lot Size (sq. ft.):
3,485
Status:
Closed
Current Price:
$720,000
List Date:
7/29/2022
Last Modified:
3/22/2023
Description
Amazing downtown loft located in the historic Phoenix Building, which sits just steps to popular restaurants, entertainment, arts and festivals. It features 3 bedrooms, 2.5 baths, magnificent great room boasting original exposed brick and soaring ceilings. New mid-century lighting gives the look of modern elegance while keeping the industrial past feel. Three extra-large windows with motorized shades overlook bustling Gay Street and the downtown skyline. The large open kitchen features stainless steel appliances and granite countertops. The 1st floor of the building offers a coffee & doughnut shop, old-fashioned soda fountain ice cream shop, pharmacy & clinic, along with rotating exhibits of local artwork. No short-term rentals. Parking available in attached garage for $40/month.
More Information MLS# 1195586
Location, Tax & Legal Info
House #: 418
St Dir: S
Street Name: Gay
St Suffix: St
Unit #: 403
State/Province: TN
Zip Code: 37902
Property Sub-Type: Condominium
Area: Knox County - 1
City/County Code: City Limits
PIN #: 095IA03500K
Subdivision: The Phoenix Condos
Elementary School: Sequoyah
Middle School: Vine/Magnet
High School: Austin East/Magnet
Total Tax: 4744.23
Geo Lat: 35.965759
Geo Lon: -83.918276
Contract Info
Auction Y/N: No
Listing Price: 689000
Current Price: $720,000
Status: Closed
Listing Date: 2022-06-12
Cooperation Comp: 2
Compensation Type: %
General Property Description
Type: High Rise
Acres: 0.08
Acre Source: Tax Records
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 1845
SqFt - Main Lvl: 1845
# Bedrooms: 3
Baths - Full: 2
Baths - 1/2: 1
# of Rooms: 7
Fireplace: No
Property Status: N/A
HOA: Mandatory
HOA Fee: 366
HOA Freq: Monthly
HOA Contact: Hank Fennell 865-803-6413
Position of Unit: 4th floor
Year Built: 1930
Bonus Room: No
Extra Storage: No
Remarks & Misc
Directions: The Phoenix Building is situated on the vibrant 400-Block of Gay Street above Status Dough Coffee and Phoenix Fountain and Pharmacy. You can park on the streets or in the State Street Garage to view. We are back on the market after buyer financing fell through.
Public Remarks: Amazing downtown loft located in the historic Phoenix Building, which sits just steps to popular restaurants, entertainment, arts and festivals. It features 3 bedrooms, 2.5 baths, magnificent great room boasting original exposed brick and soaring ceilings. New mid-century lighting gives the look of modern elegance while keeping the industrial past feel. Three extra-large windows with motorized shades overlook bustling Gay Street and the downtown skyline. The large open kitchen features stainless steel appliances and granite countertops. The 1st floor of the building offers a coffee & doughnut shop, old-fashioned soda fountain ice cream shop, pharmacy & clinic, along with rotating exhibits of local artwork. No short-term rentals. Parking available in attached garage for $40/month.
Status Change Info
Status Change Date: 2022-08-18
Under Contract Date: 2022-07-31
Sold Date: 2022-08-17
Sold Price: $720,000
Property Features
Atchd/Dtchd Type: Attached
Style: Historic
Construction: Brick; Other
Siding: Brick; Other
Garage/Parking: Other
Basement: Other
Lot Description: Other
Fireplace: None
Floors: Hardwood; Tile
Fuel: Electric
Heat: Central; Heat Pump
Cooling: Ceiling Fan(s); Central Cooling
Appliances: Dishwasher; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector
Sewer: Public Sewer
Water: Public
Other Rooms: Den/Study; Great Room; Laundry/Utility; Mstr Bdrm Main Level
Misc Features: Elevator; Internet Available; Island in Kitchen; Walk-in Closets; Walk-in Shower; Washer/Dryer Connect
Exterior Features: Windows - Wood
Dining Area: Formal Dining Area; Kitchen/Dining Rm Co; Living Rm/Dining Rm
Community Amenities: Elevator
Association Fee Incl: Association Ins; Building Exterior; Grounds Maintenance; Security; Water
Showing: See Agent Instructns
New Financing: Cash; Conventional; New Loan
Listing Office: Wallace
Office Phone: 865-584-4000
Last Updated: March - 22 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
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