NOT LISTED FOR SALE

126 S Gay St Unit 403 Knoxville, TN 37902

Old City Neighborhood

Estimated Value: $564,000 - $1,056,000

2 Beds
2 Baths
1,359 Sq Ft
$532/Sq Ft Est. Value

Last Sold June 19, 2013

Last sale price $293,000 $216 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,459/month

84 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 2-minute walk to Cradle of Country Music Park
  • Sequoyah Elementary School Rated A-

About This Home

As of June 2013

Penthouse SuiteEach of these incredible lofts has 100year old brick walls on each side, restored or new hardwood floors, stainless steel appliances...the works. This top floor unit has 20ft. cathedral ceilings and large bay windows overlooking historic Gay street. Includes storage, and access to rooftop deck.

Last Agent to Sell the Property

L A Burch

Terminus Real Estate, Inc. License #277455 Listed on: 03/26/2013

Last Buyer's Agent

Chris Hauck

Realty Executives Associates License #295491

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 2008

Lot Details

  • 305

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,359 Sq Ft Home
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include association insurance, trash, sewer, some amenities, pest contract, water
  • The Commerce Lofts Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,310

Year Built

Built in 2008

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Directions: Located at 122 South Gay Street, on the 100 Block, across the street from Cru Bistro
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2008
  • Subdivision Name: The Commerce Lofts
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Slab
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Hardwood

Exterior Features

  • Construction Type: Brick

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 183.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Ins, Trash, Sewer, Some Amenities, Pest Contract, Water

Tax Info

  • Tax Annual Amount: 1309.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2023
Sold by
Burch Leigh A
Bought by
Paige Properties Llc
Current Estimated Value
$723,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$251,277
Interest Rate
6.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$483,542

Purchase Details

Closed on
Dec 21, 2020
Sold by
Burch Leigh
Bought by
Burch Vine Llc

Purchase Details

Closed on
Dec 4, 2015
Sold by
Gp Rodbur
Bought by
Burch Leigh A

Purchase Details

Closed on
Aug 27, 2013
Sold by
Burchtown Llc
Bought by
Rodbur G P

Purchase Details

Closed on
Feb 29, 2008
Sold by
Bankeast
Bought by
Burchtown Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,980,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 17, 2007
Sold by
Eloc Development One Llc
Bought by
Bankeast

Purchase Details

Closed on
Apr 1, 2005
Sold by
Welker Philip J and Bishop Baker O
Bought by
Smith William Cole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 22, 2001
Sold by
King & Johnson Partnership
Bought by
Welker Philip J and Bishop Baker O
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Paige Properties Llc $550,000 Tennessee Valley Title
Burch Vine Llc -- None Available
Burch Leigh A -- Attorney
Rodbur G P $147,000 Tennessee Valley Title Ins
Burchtown Llc $2,600,000 None Available
Bankeast $3,991,087 None Available
Smith William Cole $305,000 --
Welker Philip J $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paige Properties Llc $275,000
Previous Owner Burch Leigh A $300,000
Previous Owner Burch Leigh A $200,963
Previous Owner Burchtown Llc $3,980,000
Previous Owner Smith William Cole $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2013 06/19/13 Sold $293,000 -- $216 / 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 $5,048 $125,280 $0 $0
2023 $5,048 $125,280 $0 $0
2022 $5,048 $125,280 $0 $0
2021 $5,422 $110,560 $0 $0
2020 $5,068 $110,560 $0 $0
2019 $5,068 $110,560 $0 $0
2018 $5,068 $110,560 $0 $0
2017 $5,068 $0 $0 $0
2016 $5,870 $0 $0 $0
2015 $5,870 $0 $0 $0
2014 $5,870 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    L A Burch

    Terminus Real Estate, Inc.

    27 in this area

    28 Total Sales

    L A Burch
    Section Image
  • Chris Hauck

    Buyer's Agent in 2013

    Chris Hauck

    Realty Executives Associates

    (865) 719-5547

    55 Total Sales

    Chris Hauck
    Section Image

  • L

    Buyer's Agent in 2013

    Laura Cain

    Assist-2-Sell Buyers & Sellers, LLC

  • L

    Buyer's Agent in 2013

    Laura Housewright

    Assist-2-Sell Buyers & Sellers, LLC

    (423) 629-1955

    19 Total Sales

    Laura Housewright
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 837511

East Tennessee REALTORS® MLS

APN: 094EG-03900J

Tennessee Knox County Knoxville 37902 Old City

126 S Gay St Unit 403, Knoxville, TN

This home is located at 126 S Gay St Unit 403, Knoxville, TN 37902 since 26 March 2013 and is currently estimated at $723,623, approximately $532 per square foot. This property was built in 2008. 126 S Gay St Unit 403 is a home located in Knox County with nearby schools including Sequoyah Elementary School, Vine Middle/Magnet, and Austin-East High School.

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.

East Tennessee REALTORS® MLS 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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