19 days on rocket

401 S Gay St, Knoxville, TN, 37902

$385,000

Home List Price

$4,572*

Closing Credit

1 Bedroom
1 Full Bath
755 SqFt
$510/SqFt
Condo
Schools Nearby

Location

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401 S Gay St, Knoxville$385,000

Buyer Closing Credits

$4,572*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNone
Year Built1910
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceNone
ViewCity
MLS #1258829
StatusActive

About 401 S Gay St

Welcome to the CENTER of downtown Knoxville when you choose this street level condo. The studio loft is just across the street from Mast General Store and offers hardwood flooring, a sleeping loft, all appliances including a modern washer and dryer, and bathroom with tub and tiled shower. You'll love the tall ceilings, the exposed brick walls, the track lighting, and the walls of windows when you want tons of light pouring in. Walk one block to Market Square or cruise down Gay Street from your front door. There is a large storage locker in the basement of the building for additional storage too. If you have never lived downtown, you have not truly lived!

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1910
  • Living Area: 755 SqFt

Listing Office:

  • Office Name: The Dwight Price Group Realty Executives Associates
  • Office Phone: (865) 888-7653

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Microwave, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Windows - Aluminum, Windows - Insulated

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Austin-East Magnet High School, Public Magnet Grades 9-12
  • South Doyle Middle School, Public District Grades 6-8
  • Sequoyah Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Downtown Knoxville at the corner of S. Gay Street and Wall Avenue; street level condo across from Mast General Store

Price Information

Listing Price Info

Price Summary:

  • List Price: $385,000
  • Price Per SqFt: $510/SqFt

HOA Fees:

  • Amount: $87
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,603
  • Tax Year: 2020
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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

$365K

Med. Price/SqFt

$206

Avg. Days On Market

38

# of Sold Homes

444

401 S Gay St vs Knoxville

19 DAYS ON ROCKET

-19 Days

$385,000

+$19.9K More

$510/SqFt

+$303 More

KEY TAKEAWAY

This property is $19.9K more than the Median Sold Price and $303/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: #1258829

Listing Office:

  • Office Name: The Dwight Price Group Realty Executives Associates
  • Office Phone: (865) 888-7653

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: 4/29/2024, 10:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 10, 2005Home Sold
$110,585

Tax History

YEARPROP. TAXASSESSMENT
2020$1,603$32,700
2019$1,498$32,700
2017$1,499$32,700

History based on county public records data.

Payment Calculator

$2,076

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,221

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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.

Elementary School

school-card-donut-3362030
8
/10

  • Sequoyah Elementary School

  • 942 Southgate Rd

  • 3.46 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3362031
4
/10

  • South Doyle Middle School

  • 3900 Decatur Dr

  • 2.27 miles

  • Public District Grades 6-8

High School

school-card-donut-3362032
2
/10

  • Austin-East Magnet High School

  • 2800 M L King Jr Av

  • 2.44 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,647. Typical income of Knoxville, TN residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 401 S Gay St

What is the listing price of this property?

The listing price of 401 S Gay St property is $385,000.

What type of property is this?

The property 401 S Gay St is a condo located in Knoxville, Tennessee, 37902.

Is this property for sale now?

Active Listing: 401 S Gay St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 401 S Gay St are:
Sequoyah Elementary School: GreatSchools Rating 8/10
South Doyle Middle School: GreatSchools Rating 4/10
Austin-East Magnet High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,603 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 10, 2005 for $110,585. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 401 S Gay St has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 401 S Gay St is 755 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 S Gay St is 1910.

Rocket Homes›Tennessee›Knox County›Knoxville›37902›401 S Gay St

This home is located at 401 S Gay St in Knoxville, TN and zip code 37902 in the Lerner Lofts neighborhood. This 755 square foot home was built in 1910. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 10, 2024 and is currently priced at $385,000.

While more than 114 listings in Knoxville, TN in March 2024 were sold above asking price, there were more than 95 listings sold at asking price, and more than 234 were sold below. In March 2024 in Knoxville, TN there were 5.3% more homes for sale than in February 2024. In March 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $365,052.

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

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