NOT LISTED FOR SALE

106 W Summit Hill Dr Unit 304 Knoxville, TN 37902

Downtown Knoxville Neighborhood

Estimated Value: $485,000 - $695,000

1 Bed
1 Bath
918 Sq Ft
1,786 Sq Ft Lot

Last Sold February 09, 2018

Last sale price $290,000 $316 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,022/month

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Heating unit installed on the ceiling
  • Sequoyah Elementary School Rated A-
  • No HOA
  • 1-minute walk to PetSafe Downtown Dog Park

About This Home

As of September 2022

Enjoy sophisticated urban living in the historic Keller Building, just steps from bustling Market Square, picturesque Gay Street, the Downtown Dog Park and the Old City. This stunning corner penthouse loft residence features a bright and spacious great room with expansive windows, soaring ceilings, original exposed brick and wooden beams. The open kitchen offers modern touches such as custom cabinets and hand-crafted wooden details, granite and butcher block countertops, contemporary lighting and stainless appliances. Generous closets and loft storage. Washer/dryer and water is included. Approximate size per Courthouse Retrieval Records is an estimate only and is not guaranteed. No Smoking; No Pets; Available for a 12-month lease, unfurnished, beginning 11/7/22. $250 Cleaning Fee, $75 application fee per tenant, and $1695 security deposit required. Nearby public garages offer monthly residential permits for approximately $40-$45/month (subject to availability). Current tenant pays Xfinity for television/Internet.

Last Agent to Rent the Property

Kimberly Dixon-Hamilton

Downtown Realty, Inc. License #290479 Listed on: 09/14/2022

Last Renter's Agent

SUSAN JONES

Herman Walldorf & Co., Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,924

Year Built

  • Built in 1900

Lot Details

  • Historic Home

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 918 Sq Ft Home
  • Insulated Windows

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Heating unit installed on the ceiling
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Association fees include sewer, water
  • Keller Building Condominiums Subdivision

Listing and Financial Details

  • 12 Month Lease Term
  • Assessor Parcel Number 094EH01100J

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,924

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months

Listing Details

  • Directions: When traveling north on the 300 block of Gay Street, take a right onto Summit Hill Drive. The Keller Building is located on the right, just before the intersection of Summit Hill and Central. Please enter the residence from the staircase on the back side of the building, which may be accessed from Commerce Street (between Keller Building and Marble Alley Lofts; one block from PetSafe Downtown Dog Park).
  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Year Built: 1900
  • Lot Size: Condominium
  • Subdivision Name: Keller Building Condominiums
  • Architectural Style: Historic, Contemporary
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Washer, Disposal, Dishwasher, Refrigerator, Microwave, Dryer
  • Has Basement: None
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None, Other
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Insulated
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, None

Utilities

  • Heating: Heat Pump, Ceiling
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Fee Information

  • Association Fee Includes: Sewer, Water

Lot Info

  • Parcel #: 094EH01100J

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2017
Closed on
Feb 9, 2018
Sold by
Akerman Adan J and Akerman Jennifer
Bought by
Biggs Stephanie and Fairbank Carolyn
Seller's Agent
Kimberly Dixon-Hamilton
Downtown Realty, Inc.
Buyer's Agent
Kimberly Dixon-Hamilton
Downtown Realty, Inc.
Sold Price
$290,000
Current Estimated Value
$541,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,876
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Jun 8, 2007
Sold by
Watkins Ronald A
Bought by
Akerman Adan J and Akerman Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Biggs Stephanie $290,000 Tennessee Valley Title Insur
Akerman Adan J $215,000 Admiral Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Akerman Adan J $164,650
Previous Owner Akerman Adan J $172,000
Previous Owner Watkins Ronald A $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2022 09/15/22 Rented $1,695 0.0% --
09/14/2022 09/14/22 For Rent $1,695 +13.0% --
10/23/2020 10/23/20 Rented $1,500 0.0% --
02/09/2018 02/09/18 Sold $290,000 -- $316 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,924 $77,700 $0 $0
2023 $3,131 $77,700 $0 $0
2022 $3,131 $77,700 $0 $0
2021 $2,221 $45,300 $0 $0
2020 $2,076 $45,300 $0 $0
2019 $2,076 $45,300 $0 $0
2018 $2,076 $45,300 $0 $0
2017 $2,076 $45,300 $0 $0
2016 $2,919 $0 $0 $0
2015 $2,919 $0 $0 $0
2014 $3,104 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1205845

East Tennessee REALTORS® MLS

APN: 094EH-01100J