5 months on rocket

505 Union Ave Unit 206, Knoxville, TN, 37902

$399,900

Home List Price

$4,749*

Closing Credit

1 Bedroom
1 Full Bath
552 SqFt
$724/SqFt
Condo

Location

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505 Union Ave Unit 206, Knoxville$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOn-Street Parking, Other
Year Built1930
HeatingOther, Electric
FireplaceNone
ViewCity
MLS #1264835
StatusActive

About 505 Union Ave Unit 206

DON'T miss this rare opportunity to own on the top floor of the Daylight Building on Union Avenue! Enjoy ultimate access to the populace of ever happening Market Square! Perfect for the weekender or downtown resident, this loft style condo is ready for its new owners. Updates to this unit offer simple and modern elegance with clean lines and maximum function. Large bathroom includes tiled shower with glass enclosure, lighted mirror, and stacked washer/dryer. The open beam ceiling architecture is highlighted by expansive functional windows. Enjoy the city view or and retreat to relaxed ambience using remote electric blinds. This Union Avenue location in the heart of downtown Knoxville offers convenience to the University of Tennessee, Gay Street, shops and dining of Market Square Mall. Call today to arrange a viewing of this unique property!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Historic
  • Year Built: 1930
  • Living Area: 552 SqFt

Listing Office:

  • Office Name: Keller Williams West Knoxville
  • Office Phone: (865) 966-5005

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: No
  • Flooring Type: Hardwood, Other
  • Interior: Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Windows - Aluminum

Parking Information:

  • Attached Garage: No
  • Parking: On-Street Parking, Other

Utilities

Utilities Information:

  • Heating: Other, Electric

Other

Directions Information:

  • Directions: From W Summitt Hill Drive, turn right onto Locust St., left on Union Avenue. Daylight building will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $724/SqFt

HOA Fees:

  • Amount: $165
  • 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

505 Union Ave Unit 206 vs Knoxville

171 DAYS ON ROCKET

+140 Days

$399,900

+$23.8K More

$724/SqFt

+$512 More

KEY TAKEAWAY

This property is $23.8K more than the Median Sold Price and $512/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: #1264835

Listing Office:

  • Office Name: Keller Williams West Knoxville
  • Office Phone: (865) 966-5005

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, 6:20:56 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.

Payment Calculator

$2,228

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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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-195677
2
/10

  • Green Magnet Academy

  • 801 Lula Powell Dr

  • 0.62 miles

  • Public Magnet Grades KG-5

school-card-donut-195678
7
/10

  • South Knox Elementary School

  • 801 Sevier Ave

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-195679
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. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Union Ave Unit 206

What is the listing price of this property?

The listing price of 505 Union Ave Unit 206 property is $399,900.

What type of property is this?

The property 505 Union Ave Unit 206 is a condo located in Knoxville, Tennessee, 37902.

Is this property for sale now?

Active Listing: 505 Union Ave Unit 206 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 505 Union Ave Unit 206 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 505 Union Ave Unit 206 is 552 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Union Ave Unit 206 is 1930.

Rocket Homes›Tennessee›Knox County›Knoxville›37902›505 Union Ave Unit 206

This home is located at 505 Union Ave Unit 206 in Knoxville, TN and zip code 37902 in the Downtown neighborhood. This 552 square foot home was built in 1930. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since June 02, 2024 and is currently priced at $399,900.

Knoxville, TN housing market in October 2024 saw over 91 listings sold above listed price, more than 104 sold at listed price and over 245 sold below. The number of listings in Knoxville, TN decreased by 0.3% between September 2024 and October 2024. The median list price of listings available in October 2024 was $376,023, while the average time on the real estate market was 31 days.

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

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