$1,695,000

Estimated payment $10,053/month

Total Views 455
2 Beds
2 Baths
1,800 Sq Ft
$942 Price per Sq Ft

Highlights

  • City View
  • Main Floor Primary Bedroom
  • Laundry Room
  • Sequoyah Elementary School Rated A-
  • Eat-In Kitchen
  • 3-minute walk to Krutch Park

About This Home

Welcome to 713 Market Street, a meticulously restored historic gem in the heart of Downtown Knoxville. The crown jewel of the building, this penthouse residence combines elevated luxury with exclusive features, including the ability to add a private rooftop deck on a portion of the roof (drawings provided). This rare opportunity offers a lifestyle of true distinction in one of the city's most desirable addresses.

This spacious 2-bedroom, 2-bath home showcases open-concept living with expansive rooms, custom closets, and a high-end kitchen designed for both everyday comfort and refined entertaining. With over 15 oversized windows, natural light floods the space, highlighting the perfect blend of modern sophistication and timeless character. A dedicated storage closet in the basement adds to the convenience.
Whether envisioned as a stylish primary residence, a downtown retreat, or an investment property, the penthouse delivers unmatched flexibility. Short-term rentals are permitted, offering strong investment potential alongside lifestyle appeal. Situated just steps from Knoxville's business core, cultural landmarks, and acclaimed dining, this property provides the ultimate connection to city living.

HOA is currently being created and is not yet final
Seller financing available: 6 years at 5% interest.
Square footage to be verified by buyer.

Listing Agent

Orel Brodt

Alliance Sotheby's International License #362711 Listed on: 08/22/2025

Alliance Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,175

Year Built

  • Built in 1920

Lot Details

  • 871 Sq Ft Lot
  • Historic Home

HOA Fees

  • $553 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Elevator
  • Wired For Data
  • Gas Log Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Open Floorplan
  • Storage Room
  • City Views
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Association fees include pest contract, fire protection, building exterior, association insurance
  • The Cate Building Condos Unit 1B Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 094LG03400C

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,175

Year Built

Built in 1920

Lot Details

0

HOA Fees

$553 per month

Listing Details

  • Directions: Take Exit 388A for James White Parkway, then follow signs for Summit Hill Drive and turn right onto Gay Street. Turn left onto Church Avenue, then left again onto Market Street, 713 Market will be on your right
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1920
  • Lot Size Acres: 0.02
  • Subdivision Name: The Cate Building Condos Unit 1B
  • Architectural Style: Historic
  • Property Attached Yn: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1800.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Siding:Stone3: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Percent Basement Finished: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Misc Features:Wired for Internet: Yes
  • AtchdDtchd Type:Attached: Yes
  • Misc Features:Elevator2: Yes
  • Style:Historic: Yes
  • General Property Description:Position of Unit: Penthouse
  • Location Tax Legal Info:Property Sub-Type: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Tankless Water Heater, Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
  • Basement YN: Yes
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Gas Log
  • Fireplaces: 1
  • Flooring: Laminate, Tile
  • Interior Amenities: Kitchen Island, Elevator, Eat-in Kitchen
  • Window Features: Windows - Insulated
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Misc Features:Island in Kitchen: Yes
  • Fireplace:Brick3: Yes

Exterior Features

  • View: City
  • Lot Features: Other
  • Construction Type: Stone, Brick
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Brick5: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • GarageParking:None18: Yes

Utilities

  • Cooling: Central Cooling
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 553.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Incl:Association Ins: Yes
  • Association Fee Incl:Other20: Yes
  • Association Fee Incl:Building Exterior: Yes
  • Association Fee Incl:Fire Protection: Yes
  • Association Fee Incl:Pest Contract: Yes

Fee Information

  • Association Fee Includes: Other, Pest Contract, Fire Protection, Building Exterior, Association Ins

Lot Info

  • Lot Size Sq Ft: 871.2
  • Parcel #: 094LG03400C

Tax Info

  • Tax Annual Amount: 3175.41

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,708 $67,200 $0 $0
2023 $2,708 $67,200 $0 $0
2022 $2,708 $67,200 $0 $0
2021 $2,260 $46,080 $0 $0
2020 $2,112 $46,080 $0 $0
2019 $2,112 $46,080 $0 $0
2018 $2,112 $46,080 $0 $0
2017 $4,635 $0 $0 $0
2016 $4,842 $0 $0 $0
2015 $4,842 $0 $0 $0
2014 $4,842 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $1,695,000 -- $942 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $875,000 None Available
Warranty Deed $345,000 Tennessee Valley Ttl Ins Co
Warranty Deed $230,000 None Available
Warranty Deed $500,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $268,000 Commercial
Source: Public Records

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Source: East Tennessee REALTORS® MLS

MLS Number: 1313040

East Tennessee REALTORS® MLS

APN: 094LG-03400D