NOT LISTED FOR SALE

122 S Gay St Unit 202 Knoxville, TN 37902

Old City Neighborhood

Estimated Value: $660,000 - $925,000

2 Beds
2 Baths
1,470 Sq Ft
1900 Built

Last Sold April 30, 2019

Last sale price $461,000 $314 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,451/month

Highlights

  • City View
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Sequoyah Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Cradle of Country Music Park

About This Home

As of March 2024

Located in the heart of downtown Knoxville, this stunning 2-bedroom, 2-bath condo offers an unbeatable living experience with a prime location overlooking Gay Street. With a move-in date available on March 31st, this stylish and modern condo presents an incredible opportunity to immerse yourself in the vibrant energy of the city. The spacious living area boasts large windows that provide breathtaking views of Gay Street, allowing you to soak in the charm and character of downtown Knoxville from the comfort of your own home. The open floor plan seamlessly connects the living room, dining area, and kitchen, creating the perfect space for entertaining guests or enjoying a cozy night in. The beautifully designed bedrooms offer ample space, providing a serene retreat after a long day exploring all that downtown Knoxville has to offer. Additionally, the condo features two luxurious bathrooms, ensuring convenience and privacy for both residents and guests. With its convenient location and stunning views, this Gay Street condo is truly a gem that offers an unmatched urban living experience. Don't miss out on the opportunity to call this downtown Knoxville oasis your home.

Last Agent to Rent the Property

Trayce Jahn

Southern Charm Homes License #319255 Listed on: 01/24/2024

Southern Charm Homes

Last Renter's Agent

Trayce Jahn

Southern Charm Homes License #319255 Listed on: 01/24/2024

Southern Charm Homes

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1900

Lot Details

  • Historic Home

Home Design

  • Brick Exterior Construction
  • Steel Siding
  • Steel Beams
  • Masonry

Interior Spaces

  • 1,470 Sq Ft Home
  • Wired For Data
  • Cathedral Ceiling
  • Ceiling Fan
  • Circulating Fireplace
  • Ventless Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Drapes & Rods
  • Wood Frame Window
  • Great Room
  • Open Floorplan
  • Storage
  • Wood Flooring
  • City Views

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Vine/Magnet Middle School
  • Austin East/Magnet High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $4,000
  • No Smoking Allowed
  • Ask Agent About Lease Term
  • $50 Application Fee
  • Assessor Parcel Number 094EG03900L

Community Details

Overview

  • Property has a Home Owners Association
  • Commerce Building Subdivision

Pet Policy

  • No Pets Allowed

Additional Features

  • Fire and Smoke Detector
  • Elevator

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,826

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: Other

Listing Details

  • Directions: Commerce building - 100 block of S.Gay Street.
  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Year Built: 1900
  • Lot Size: 0
  • Subdivision Name: Commerce Building
  • Architectural Style: Historic
  • Property Attached Yn: Yes
  • General Property Description:Lot Size SqFt: 0.034
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1470.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Siding:Brick2: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Drapes: Yes
  • Misc Features:Wired for Internet: Yes
  • Dining Area:Breakfast Bar: Yes
  • Misc Features:Whirlpool Tub: Yes
  • AtchdDtchd Type:Attached: Yes
  • Misc Features:Elevator2: Yes
  • Style:Historic: Yes
  • General Property Description:Position of Unit: Gay st view
  • Fireplace Insert: Yes
  • Contract Info:Deposit: 4000.0
  • Contract Info:Application Fee: 50.0
  • Contract Info:Smoking: No
  • Contract Info:Pets: No
  • Special Features: None

Interior Features

  • Appliances: Smoke Detector, Self Cleaning Oven, Washer, Disposal, Dishwasher, Refrigerator, Microwave, Gas Stove, Dryer
  • Has Basement: None
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Ventless, Insert, Circulating
  • Fireplaces: 1
  • Flooring: Hardwood
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace:Circulating: Yes
  • Appliances:Gas Stove: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Great Room: Yes
  • Basement:None14: Yes
  • Fireplace:Ventless: Yes

Exterior Features

  • Exterior Features: Cable Available (TV, Windows - Wood
  • View: City
  • Construction Type: Brick, Other, Steel Siding
  • Construction:Brick5: Yes
  • Exterior Features:Windows - Wood: Yes
  • Construction:Masonry: Yes
  • Construction:Steel: Yes
  • Exterior Features:Cable Available (TV: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On-Street Parking, Off-Street Parking, Other
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:On-Street Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Elevator(s), Other
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Sidewalks: Yes
  • Community Amenities:Other - See Remarks16: Yes
  • Association Fee Incl:Other20: Yes
  • Community Amenities:Elevator: Yes

Schools

  • High School: Austin East/Magnet
  • Middle Or Junior School: Vine/Magnet

Lot Info

  • Lot Size Sq Ft: 0.03
  • Parcel #: 094EG03900L
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2021
Sold by
Cooper Gary A
Bought by
Cooper Beth A
Current Estimated Value
$765,896

Purchase Details

Listed on
Nov 4, 2018
Closed on
Apr 29, 2019
Sold by
Freilich Linda and Freilich Richard
Bought by
Cooper Gary A and Cooper Beth A
Seller's Agent
JIM WILLIAMS
Lake Homes Realty
Buyer's Agent
Tracye Jahn
Wallace
Sold Price
$461,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$369,120
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2017
Closed on
Sep 29, 2017
Sold by
Shepperd James K and Shepperd Penelope
Bought by
Freilich Linda and Freilich Richard
Seller's Agent
L A Burch
Terminus Real Estate, Inc.
Buyer's Agent
L A Burch
Terminus Real Estate, Inc.
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$151,300
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2011
Sold by
Burchtown Llc
Bought by
Shepperd James K and Shepperd Penelope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.83%
Mortgage Type
New Conventional
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
Cooper Beth A -- None Listed On Document
Cooper Gary A $461,400 Southeast Title & Escrow Llc
Freilich Linda $445,000 Southland Residential Title
Shepperd James K $290,000 Admiral Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Gary A $369,120
Previous Owner Freilich Linda $151,300
Previous Owner Shepperd James K $232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2024 03/31/24 Rented $3,750 -1.3% --
02/08/2024 02/08/24 Under Contract -- -- --
01/30/2024 01/30/24 Price Changed $3,800 -5.0% $3 / Sq Ft
01/24/2024 01/24/24 For Rent $4,000 0.0% --
04/30/2019 04/30/19 Sold $461,000 +3.6% $309 / Sq Ft View Prior Sale
09/29/2017 09/29/17 Sold $445,000 +53.4% $324 / Sq Ft View Prior Sale
01/27/2012 01/27/12 Sold $290,000 -- $213 / Sq Ft View Prior Sale
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 $4,826 $119,775 $0 $0
2023 $4,826 $119,775 $0 $0
2022 $4,826 $119,775 $0 $0
2021 $4,469 $91,125 $0 $0
2020 $4,177 $91,125 $0 $0
2019 $4,177 $91,125 $0 $0
2018 $4,177 $91,125 $0 $0
2017 $4,177 $91,125 $0 $0
2016 $3,578 $0 $0 $0
2015 $3,578 $0 $0 $0
2014 $3,578 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1250689

East Tennessee REALTORS® MLS

APN: 094EG-03900L