2 months on rocket

122 S Gay St Unit 406, Knoxville, TN, 37902

$880,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,463 SqFt
$602/SqFt
Condo

Location

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122 S Gay St Unit 406, Knoxville$880,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOther
Year Built1900
HeatingCentral, Electric
CoolingCentral Air
FireplaceNone
ViewCity
MLS #1276258
Lot Size0.03 Acres
StatusActive

About 122 S Gay St Unit 406

Experience Downtown living within the vibrant Art District on the 100 Block of Gay Street in the Historic Commerce Building. This exquisitely appointed, light-filled condo showcases spectacular soaring ceilings, grand original cathedral windows with ornamental juliet balconies and extraordinarily designed living spaces. The thoughtfully conceived floor plan perfectly blends dramatic scale and volume with comfortable, luxurious living. The expansive living room is ideal for relaxing or entertaining, opening into a beautiful dining area and the well appointed chef's kitchen with optimal storage, sleek cabinetry, granite countertops and luxury stainless steel appliances. This impressive loft boasts an elegant blend of modern and history, especially seen in the large library or sitting room, with the warmth of the exposed brick and the modern appointments. The two generous sized bedrooms are a luxurious retreat, with a spa-like en-suites and ample closet space, situated ideally within the residence for privacy. Additionally, features such as an oversized laundry room, storage space within the building and access to the rooftop deck make this residence truly a gem that offers an unmatched urban living experience. Enjoy effortless access to a dynamic array of dining, entertainment, adventure and cultural experiences right at your doorstep in the heart of Downtown Knoxville. Close proximity and ample parking opportunities available in city and private lots and garages.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1900
  • Living Area: 1,463 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Cathedral Ceiling(s), Elevator, Pantry, Breakfast Bar, Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Windows - Insulated

Parking Information:

  • Attached Garage: No
  • Parking: Other

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Commerce Building is on your right just before Jackson Ave and across the street from Harvest

Price Information

Listing Price Info

Price Summary:

  • List Price: $880,000
  • Price Per SqFt: $602/SqFt

HOA Fees:

  • Amount: $310
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Knoxville, TN.

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Knoxville, TN

City

Med. Sold Price

$376K

Med. Price/SqFt

$211

Avg. Days On Market

31

# of Sold Homes

444

122 S Gay St Unit 406 vs Knoxville

69 DAYS ON ROCKET

+38 Days

$880,000

+$503.9K More

$602/SqFt

+$390 More

KEY TAKEAWAY

This property is $503.9K more than the Median Sold Price and $390/SqFt more than other homes in Knoxville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1276258

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$4,770

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,705

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-222302
2
/10

  • Green Magnet Academy

  • 801 Lula Powell Dr

  • 0.48 miles

  • Public Magnet Grades KG-5

school-card-donut-222303
7
/10

  • South Knox Elementary School

  • 801 Sevier Ave

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-222304
3
/10

  • Maynard Elementary School

  • 737 College St

  • 1.07 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,647. Most Knoxville, TN residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 122 S Gay St Unit 406

What is the listing price of this property?

The listing price of 122 S Gay St Unit 406 property is $880,000.

What type of property is this?

The property 122 S Gay St Unit 406 is a condo located in Knoxville, Tennessee, 37902.

Is this property for sale now?

Active Listing: 122 S Gay St Unit 406 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 122 S Gay St Unit 406 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 122 S Gay St Unit 406 is 1,463 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 122 S Gay St Unit 406 is 1900.

Rocket Homes›Tennessee›Knox County›Knoxville›37902›122 S Gay St Unit 406

This home is located at 122 S Gay St Unit 406 in Knoxville, TN and zip code 37902 in the Old City neighborhood. This 1,463 square foot home, which was built in 1900, sits on a 0.03 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $880,000.

Over 91 listings were sold over their listed price in October 2024 in Knoxville, TN. In the same period over 245 listings were sold below the listed price and 104 listings were sold for the listed price. The number of homes for sale in Knoxville, TN decreased by 0.3% between September 2024 and October 2024. While the average time on the market in October 2024 was 31 days, the median list price was $376,023.

From Rocket Homes Real Estate and based on county public records data.

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