
Sterchi's Lofts 116 S Gay St Unit 306 Knoxville, TN 37902
Old City NeighborhoodEstimated payment $3,155/month
Highlights
- Fitness Center
- City View
- Storage
- Sequoyah Elementary School Rated A-
- Eat-In Kitchen
- 2-minute walk to Cradle of Country Music Park
About This Home
Welcome to urban living at its finest in this stylish 2-bedroom, 1-bath condo located in the heart of Downtown Knoxville. Nestled in the historic Sterchi Lofts, this home puts you within walking distance of the Tennessee Theatre, Market Square, the Old City, and the exciting new Smokies baseball stadium. You're also just minutes from the University of Tennessee campus and the vibrant South Knoxville riverfront.
The unit is wired for AT&T fiber optic, ideal for remote work or streaming. Residents enjoy access to the on-site fitness center and a rooftop deck offering stunning views of the Knoxville skyline, the Great Smoky Mountains, and the new baseball stadium. The Owners have done multiple upgrades to the unit including remodeling the bathroom and installing beautiful barn style sliding doors to the bedrooms.
Enjoy the ultimate downtown lifestyle with Knoxville's best restaurants, bars, and entertainment right outside your door. Outdoor lovers will appreciate being near over 30 miles of greenways, boating and kayaking at Volunteer Landing, as well as the trails, boardwalks, and quarry at Ijams Nature Center.
Don't miss this opportunity to own to join the thriving downtown community and enjoy all the perks city life has to offer.
*Additional storage units are available to rent in the building for added convenience. Buyers to verify square footage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,834
Year Built
- Built in 1920
Lot Details
- 871 Sq Ft Lot
- Historic Home
HOA Fees
- $249 Monthly HOA Fees
Property Views
- Mountain
Home Design
- Brick Exterior Construction
- Metal Siding
- Steel Beams
Interior Spaces
- 990 Sq Ft Home
- Wired For Data
- Aluminum Window Frames
- Open Floorplan
- Storage
- Washer and Dryer Hookup
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Walk-in Shower
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Central Heating and Cooling System
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 094EG04301H
Community Details
Overview
- Association fees include pest contract, fire protection, building exterior, association insurance, trash, some amenities, grounds maintenance
- Mandatory home owners association
- On-Site Maintenance
Amenities
- Community Storage Space
- Elevator
Recreation
Map
About Sterchi's Lofts
Home Values in the Area
Average Home Value in this Area
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 | $3,078 | $76,400 | $0 | $0 |
2023 | $3,078 | $76,400 | $0 | $0 |
2022 | $3,078 | $76,400 | $0 | $0 |
2021 | $3,289 | $67,075 | $0 | $0 |
2020 | $3,075 | $67,075 | $0 | $0 |
2019 | $0 | $0 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/01/2025 08/01/25 | Price Changed | $490,000 | -1.0% | $495 / Sq Ft |
07/05/2025 07/05/25 | Price Changed | $495,000 | -1.0% | $500 / Sq Ft |
06/21/2025 06/21/25 | Price Changed | $499,999 | -1.0% | $505 / Sq Ft |
06/15/2025 06/15/25 | Price Changed | $505,000 | -1.9% | $510 / Sq Ft |
05/24/2025 05/24/25 | For Sale | $515,000 | +78.9% | $520 / Sq Ft |
05/30/2019 05/30/19 | Sold | $287,920 | -- | $294 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Deed | $287,920 | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $219,000 | New Conventional | |
Closed | $215,940 | New Conventional |
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Source: East Tennessee REALTORS® MLS
MLS Number: 1302254

APN: 094EG-04301H
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