PENDING
$80K PRICE DROP
Sterchi's Lofts 116 S Gay St Unit 205 Knoxville, TN 37902
Old City NeighborhoodEstimated payment $6,510/month
Total Views
70
4
Beds
2
Baths
2,130
Sq Ft
$467
Price per Sq Ft
Highlights
- Fitness Center
- City View
- Kitchen Island
- Sequoyah Elementary School Rated A-
- Eat-In Kitchen
- 2-minute walk to Cradle of Country Music Park
About This Home
Located on Downtown's vibrant 100-Block in the historic Sterchi Building, this beautifully renovated four bedroom loft features a spacious great room, a bright & modern kitchen, soaring ceilings, and expansive windows overlooking picturesque Gay Street. The tastefully updated bathrooms feature sleek subway tile and contemporary fixtures. A large bonus area could be a perfect flex space for a second living room, home office or additional guests. Enjoy the exceptional building amenities including a fitness studio, storage room with individual leased spaces, and huge rooftop terrace overlooking the Downtown skyline. Parking permit for a nearby lot, pre-paid for 2 years, is included in the price. Experience the best of urban living here in Knoxville's Arts/Old City District, an eclectic pocket of Downtown known for its picturesque century-old buildings housing many of the city's most popular restaurants, cafes, entertainment venues, fitness studios & galleries. And with close proximity to the new multi-use stadium, Market Square & Theater District, artsy Emory Place, Downtown North, PetSafe dog park, World's Fair Park, greenway system, and even an easy mile to the University of Tennessee campus and the South Waterfront, you can enjoy it all while living in Sterchi Lofts. Approx. size per CRS is an estimate only. Buyer to verify size, taxes and HOA fees, which are subject to change. Note: Presently, this is one of the few residences in the building in which AirBnB/STR is permitted by the HOA.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,673
Year Built
- Built in 1920
Lot Details
- 2,178 Sq Ft Lot
- Historic Home
HOA Fees
- $533 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Steel Beams
Interior Spaces
- 2,130 Sq Ft Home
- Wired For Data
- Aluminum Window Frames
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Kitchen Island
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 094EG04300Y
Community Details
Overview
- Association fees include pest contract, fire protection, building exterior, association insurance, trash, grounds maintenance
- Sterchi Lofts Subdivision
- Mandatory home owners association
- On-Site Maintenance
Recreation
Amenities
- Elevator
Map
About Sterchi's Lofts
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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 | $4,453 | $179,875 | $0 | $0 |
| 2023 | $4,453 | $179,875 | $0 | $0 |
| 2022 | $2,197 | $54,525 | $0 | $0 |
| 2021 | $2,573 | $52,475 | $0 | $0 |
| 2020 | $2,405 | $52,475 | $0 | $0 |
| 2019 | $0 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Pending | -- | -- | -- |
| 04/22/2025 04/22/25 | Price Changed | $995,000 | -7.4% | $467 / Sq Ft |
| 03/24/2025 03/24/25 | For Sale | $1,075,000 | -- | $505 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $470,000 | Tennessee Valley Ttl Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $399,500 | Future Advance Clause Open End Mortgage |
Source: Public Records
Similar Homes in Knoxville, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1294418
APN: 094EG-04300Y
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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