PENDING
$150K PRICE DROP
416 S Gay St Unit 301 Knoxville, TN 37902
Downtown Knoxville NeighborhoodEstimated payment $10,393/month
Total Views
6,320
3
Beds
2
Baths
2,512
Sq Ft
$657
Price per Sq Ft
Highlights
- Wood Flooring
- Main Floor Primary Bedroom
- Great Room
- Sequoyah Elementary School Rated A-
- Whirlpool Bathtub
- 2-minute walk to Cradle of Country Music Park
About This Home
Welcome to the iconic, historic J.C. Penney building. This meticulously designed 3-bedroom, 2-bathroom condo is fully furnished and move-in ready. Featuring hardwood floors, exposed brick walls, original beams, and original shutters. The shuffleboard table is excluded. The kitchen features stainless steel appliances, granite countertops, and an open-concept dining area. The owner's suite features a walk-in closet, an owner's closet, and gorgeous French doors. The primary bathroom features a tiled walk-in shower, double vanity, and a soaker tub. The unbeatable location on Gay St. is centrally located near the Theatre District, Market Square, and Old City, offering endless dining and entertainment options without the commute. Short-term rentals are not permitted. Resident parking is available in the Promenade Garage directly behind the building ($40/month, not included in HOA fees). Public street and State St. Effective year 2000, year built 1905. Garage parking available at an additional $40 month. Make Downtown Knoxville your new lifestyle and schedule your showing today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,040
Year Built
- Built in 2000
Lot Details
- Zero Lot Line
HOA Fees
- $719 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2,512 Sq Ft Home
- Wired For Data
- Dry Bar
- Drapes & Rods
- Wood Frame Window
- Great Room
- Open Floorplan
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
- Whirlpool Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Central Heating and Cooling System
- Tankless Water Heater
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 095IA03701H
Community Details
Overview
- Association fees include fire protection, building exterior, association insurance, all amenities, trash, sewer, security, water
- Mandatory home owners association
- On-Site Maintenance
Additional Features
- Security Service
- Elevator
Map
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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 | $6,033 | $243,700 | $0 | $0 |
| 2023 | $9,820 | $243,700 | $0 | $0 |
| 2022 | $9,820 | $243,700 | $0 | $0 |
| 2021 | $8,364 | $170,550 | $0 | $0 |
| 2020 | $7,818 | $170,550 | $0 | $0 |
| 2019 | $7,818 | $170,550 | $0 | $0 |
| 2018 | $7,818 | $170,550 | $0 | $0 |
| 2017 | $7,818 | $170,550 | $0 | $0 |
| 2016 | $7,569 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Pending | -- | -- | -- |
| 08/11/2025 08/11/25 | Price Changed | $1,650,000 | -8.3% | $657 / Sq Ft |
| 05/13/2025 05/13/25 | For Sale | $1,800,000 | +86.5% | $717 / Sq Ft |
| 02/09/2021 02/09/21 | Sold | $965,000 | +40.9% | $386 / Sq Ft |
| 12/28/2016 12/28/16 | Sold | $685,000 | -- | $274 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $965,000 | Southland Res Ttl Llc | |
| Warranty Deed | $685,000 | Title Associates Of Knoxvill |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $550,000 | New Conventional | |
| Previous Owner | $548,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Similar Homes in Knoxville, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1300859
APN: 095IA-03701H
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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