NOT LISTED FOR SALE

120 S Gay St Knoxville, TN 37902

Old City Neighborhood

Estimated Value: $180,151 - $528,000

2 Beds
2 Baths
2,400 Sq Ft
653 Sq Ft Lot

Last Sold April 06, 2016

Last sale price $321,775 $134 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,268/month

4 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Brick or Stone Mason
  • Sequoyah Elementary School Rated A-
  • No HOA
  • 2-minute walk to Cradle of Country Music Park

About This Home

As of April 2016

Fabulously renovated sprawling 2br/2ba loft located on one of the most picturesque and vibrant blocks in Downtown Knoxville, the 100-Block's historic Commerce Building. Extremely large unit for the downtown area of approximately 2300 sq.ft. Exposed brick, original hardwood floors, floor-to-ceiling windows and outdoor patio. Meticulously renovated in 2015/16, this urban retreat features a bright kitchen with granite countertops and stainless appliances, refinished original hardwood floors, new tile in kitchen and bathrooms, new fixtures, some upgraded plumbing and electrical, new hot water heater and AC. Huge master bedroom. Walk in closets in both bedrooms. This unit is absolutely move in ready. New elevator is currently being installed in the building.

Last Agent to Sell the Property

Michele Karl

Priority Real Estate License #306123 Listed on: 03/25/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,890

Year Built

  • Built in 1900

Lot Details

  • Historic Home

Home Design

  • Brick or Stone Mason
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Living Room
  • Wood Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Gas Available

Community Details

  • No Home Owners Association
  • Association fees include gas, maintenance structure, sewer, water
  • On-Site Maintenance

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,890

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1900
  • Zoning: Residential
  • Reso Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Reso Association Fee Includes: Gas, Maintenance Structure, Sewer, Water
  • Co List Office Mls Id: 469
  • Subdivision Name: Other
  • Above Grade Finished Sq Ft: 2400.0
  • Architectural Style: Historical
  • Reso Flooring: Wood
  • Garage Yn: No
  • Location Tax and Legal Tax Lot2: 0
  • Location Tax and Legal:Tax Annual Amount: 2890.0
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Above Grade Finished Area: 2400.0
  • General Property Information Bonus Room YN2: No
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Roof:Composition: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: 1
  • Foundation Details Slab: Yes
  • Architectural Style Historical: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator, Soaking Tub, Walk-In Closet(s)
  • Street Number Modifier: 120
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Total Bedrooms: 8
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:None3: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Roof: Composition
  • Home Warranty: No
  • Construction Type: Brick, Frame
  • Foundation Details: Slab
  • Construction Materials:Brick: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 290.0
  • Association: No

Association/Amenities

  • Association Fee Includes:Maintenance Structure: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Water: Yes
  • Association Fee Includes:Gas: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2890.0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2011
Sold by
Mcmillan Marcia O and Mcmillan Marcia Ohle
Bought by
Malarkey Marcia Ohle Mcmillan and The Marcia Ohle Mcmillan Malarkey Revoca
Current Estimated Value
$354,076

Purchase Details

Closed on
Nov 21, 2003
Sold by
Commerce & Associates Inc
Bought by
Mosadegh Steve and Mosadegh F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1996
Sold by
Commerce Group The
Bought by
Atkins Bryan S

Purchase Details

Closed on
Dec 21, 1995
Sold by
Commerce Group The
Bought by
Gwyn Carroll S

Purchase Details

Closed on
Sep 29, 1995
Bought by
Blake Shelton Christopher

Purchase Details

Closed on
May 1, 1995
Bought by
Beth Atkins

Purchase Details

Closed on
Sep 26, 1994
Sold by
Parker Brauner Susan
Bought by
Smith Patricia M

Purchase Details

Closed on
Aug 11, 1994
Sold by
Antol John P
Bought by
Commerce And Associates I

Purchase Details

Closed on
Jul 14, 1994
Sold by
Antol John P
Bought by
Patrick Murphy-Racey

Purchase Details

Closed on
Jun 29, 1994
Sold by
Antol John P
Bought by
Norwood Lloyd E
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
Malarkey Marcia Ohle Mcmillan -- None Available
Mosadegh Steve -- --
Atkins Bryan S $24,000 --
Gwyn Carroll S $15,500 --
Sara Goodman $20,000 --
Blake Shelton Christopher -- --
Antol John P -- --
Beth Atkins $44,900 --
Smith Patricia M $38,000 --
Commerce And Associates I $55,000 --
Patrick Murphy-Racey $30,000 --
Norwood Lloyd E $30,000 --
Marcia Mcmillan $34,900 --
Blake Shelton Christopher $24,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mosadegh Steve $200,000
Previous Owner Smith Patricia M $90,000
Previous Owner Atkins Bryan S $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2019 07/05/19 Off Market $321,775 -- --
04/06/2016 04/06/16 Sold $321,775 -2.2% $134 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $329,000 -- $137 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

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 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $0 $95,320 $0 $0
2019 $0 $95,320 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michele Karl

    Seller's Agent in 2016

    Michele Karl

    Priority Real Estate

    (865) 257-6996

    110 Total Sales

    Michele Karl
    Section Image
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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 202156

Great Smoky Mountains Association of REALTORS®

APN: 094EG-042

Tennessee Knox County Knoxville 37902 Old City

120 S Gay St, Knoxville, TN

This home is located at 120 S Gay St, Knoxville, TN 37902 since 25 March 2016 and is currently estimated at $354,076, approximately $147 per square foot. This property was built in 1900. 120 S Gay St is a home located in Knox County with nearby schools including Sequoyah Elementary School, Vine Middle/Magnet, and Austin-East High School.

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