Sterchi's Lofts 116 S Gay St Unit 706 Knoxville, TN 37902
Old City Neighborhood
1
Bed
1
Bath
605
Sq Ft
605
Sq Ft Lot
Highlights
- Mountain View
- Zoned Heating and Cooling System
- 2-minute walk to Cradle of Country Music Park
- Sequoyah Elementary School Rated A-
- Historic Home
About This Home
As of April 2019The Sterchi Building located at 116 S Gay Street was originally the home of Sterchi Brothers Furniture headquarters, it also served as the largest Wholesale furniture center in the Southeast for decades. In 2002 the building was renovated into 100 modern, loft apartments ranging from studio to four-bedroom units.
The conversion consists of several significant upgrades including:
- new energy efficient appliances
- modern HVAC units
-designer-quality light fixtures
-quartz countertops, deep stainless steel sinks, commercial grade kitchen faucets,
-Delta plumbing fixtures, Roca (Spanish) tile in the showers and tub surrounds,
-redesigned fitness center with Peloton, Nordic Track, Max Trainer and other high-end gym equipment The impending renovation and reopening of the 10th-story rooftop deck may be the best of all as residents will have access to a private deck with panoramic views of Knoxville and the Great Smoky Mountains!
Optional in building storage and off street parking available.
For additional availability check out sterchiloftsforsale.com
Last Agent to Sell the Property
Terminus Real Estate, Inc. License #277455 Listed on: 04/11/2019
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 605 Sq Ft Lot
- Historic Home
HOA Fees
- $136 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Brick Exterior Construction
Interior Spaces
- 605 Sq Ft Home
- Aluminum Window Frames
- Mountain Views
- Fire and Smoke Detector
Kitchen
- <<selfCleaningOvenToken>>
- <<microwave>>
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Schools
- South Doyle Middle School
- Austin East/Magnet High School
Utilities
- Zoned Heating and Cooling System
Community Details
- Association fees include fire protection, building exterior, association insurance, trash, some amenities, grounds maintenance, pest contract
- Sterchi Lofts Condominiums Subdivision
Listing and Financial Details
- Assessor Parcel Number 094eg043
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 3, 2022
Sold by
141 South Gay Street Llc
Bought by
Maurice Stucke Revocable Trust and Elizabeth Stucke Revocable Trust
Purchase Details
Listed on
Apr 11, 2019
Closed on
Apr 15, 2019
Sold by
Sterchi Lofts Lp
Bought by
141 South Gay Street Llc
Seller's Agent
L A Burch
Terminus Real Estate, Inc.
Buyer's Agent
Spike McCamy
NAI Koella l RM Moore
Sold Price
$178,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$232,050
Interest Rate
4.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Similar Homes in Knoxville, TN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $299,000 | None Listed On Document | |
| Warranty Deed | $622,000 | Title Group Of Tennessee |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $232,050 | Future Advance Clause Open End Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | For Sale | $339,000 | +90.4% | $565 / Sq Ft |
| 04/15/2019 04/15/19 | Sold | $178,000 | -- | $294 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Tax History Compared to Growth
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 | $2,021 | $50,150 | $0 | $0 |
| 2023 | $2,021 | $50,150 | $0 | $0 |
| 2022 | $2,021 | $50,150 | $0 | $0 |
| 2021 | $2,001 | $40,825 | $0 | $0 |
| 2020 | $1,871 | $40,825 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Consumo
J
Seller's Agent in 2025
Joe Consumo
Terminus Real Estate, Inc.
(865) 386-3406
18 in this area
32 Total Sales
-
L A Burch
L
Seller's Agent in 2019
L A Burch
Terminus Real Estate, Inc.
30 in this area
31 Total Sales
-
Spike McCamy
Buyer's Agent in 2019
Spike McCamy
NAI Koella l RM Moore
(865) 777-3030
3 Total Sales
About Sterchi's Lofts
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1076130
APN: 094EG-04302T
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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