27 days on rocket

531 S Gay St Unit 1104, Knoxville, TN, 37902

$595,000

Home List Price

$7,066*

Closing Credit

1 Bedroom
1 Full Bath
1,005 SqFt
$592/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

531 S Gay St Unit 1104, Knoxville$595,000

Buyer Closing Credits

$7,066*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingOther
Year Built2008
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceNone, Other
ViewCity
MLS #1257794
StatusActive

About 531 S Gay St Unit 1104

Experience the epitome of refined urban living in Downtown's vibrant Theater District. This remarkable 11th floor one-bedroom residence in the premier Holston Building offers a bright, light-filled living area and open kitchen with balcony perched above Krutch Park, expansive windows providing sweeping views of Gay Street and the downtown skyline, beautiful new hardwood floors, remote controlled Hunter Douglas Silhouette Shades, generous storage and elegant fixtures. New HVAC system installed in June 2020. New washer/dryer installed in early 2022. Freshly painted and new hardwood flooring in living room & kitchen and new carpet in bedroom installed in May 2023. This unique development boasts a concierge service and community room overlooking bustling Gay Street. Approx. size per Courthouse Retrieval System is an estimate only & is not guaranteed. Developer's estimates were approx. 1003sf, which included balcony. Buyer to verify size, taxes & HOA fees, which are subject to change. Base HOA fee includes water/sewer ($316.68) plus the development's broadband internet & television package from AT&T U-verse ($103). AirBnB / Short-Term Rentals are not permitted in this development. Public parking is available at metered & short-term spaces along Gay Street and Church Avenue, and also in numerous garages nearby. Parking on nights and weekends is generally free in city-owned garages, and Downtown residents are currently offered reduced monthly parking rates in city-owned garages (approx. $45/month); subject to availability. There is a $350 transfer fee paid by the Buyer to the HOA at Closing.

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Historic
  • Year Built: 2008
  • Living Area: 1,005 SqFt

Listing Office:

  • Office Name: Downtown Realty, Inc.
  • Office Phone: (865) 588-5535

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Hardwood, Tile, Other
  • Interior: Breakfast Bar, Eat-in Kitchen
  • Fireplace: None, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: No
  • Parking: Other

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: I-40 to Henley Street. Left onto Church Avenue. Left onto Gay Street. The Holston is located at the corner of Gay Street and Clinch Avenue, adjacent to Krutch Park Extension, and across from the Tennessee Theatre, the Hyatt Hotel, and the E.TN History Center. Public parking is available at metered spaces along Gay Street and Church Avenue, and also in numerous garages nearby. Parking on nights and weekends is generally free in city-owned garages, and Downtown residents are currently offered reduced monthly parking rates in city-owned garages (approx. $45-55/month); subject to availability.

Price Information

Listing Price Info

Price Summary:

  • List Price: $595,000
  • Price Per SqFt: $592/SqFt

HOA Fees:

  • Amount: $419
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Knoxville, TN

City

Med. Sold Price

$365K

Med. Price/SqFt

$206

Avg. Days On Market

38

# of Sold Homes

444

531 S Gay St Unit 1104 vs Knoxville

27 DAYS ON ROCKET

-11 Days

$595,000

+$229.9K More

$592/SqFt

+$385 More

KEY TAKEAWAY

This property is $229.9K more than the Median Sold Price and $385/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: #1257794

Listing Office:

  • Office Name: Downtown Realty, Inc.
  • Office Phone: (865) 588-5535

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: 4/30/2024, 12:50:22 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

$3,456

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,850

Powered By

Rocket Mortgage

Advertisement

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-3492634
8
/10

  • Sequoyah Elementary School

  • 942 Southgate Rd

  • 3.43 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3492635
4
/10

  • South Doyle Middle School

  • 3900 Decatur Dr

  • 2.13 miles

  • Public District Grades 6-8

High School

school-card-donut-3492636
2
/10

  • Austin-East Magnet High School

  • 2800 M L King Jr Av

  • 2.49 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. 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 531 S Gay St Unit 1104

What is the listing price of this property?

The listing price of 531 S Gay St Unit 1104 property is $595,000.

What type of property is this?

The property 531 S Gay St Unit 1104 is a condo located in Knoxville, Tennessee, 37902.

Is this property for sale now?

Active Listing: 531 S Gay St Unit 1104 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 531 S Gay St Unit 1104 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

How many bedrooms and bathrooms does this property have?

The property at 531 S Gay St Unit 1104 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 531 S Gay St Unit 1104 is 1,005 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 S Gay St Unit 1104 is 2008.

Rocket Homes›Tennessee›Knox County›Knoxville›37902›531 S Gay St Unit 1104

This home is located at 531 S Gay St Unit 1104 in Knoxville, TN and zip code 37902 in the Downtown neighborhood. This 1,005 square foot home was built in 2008. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 02, 2024 and is currently priced at $595,000.

In March 2024, from all listings sold in Knoxville, TN there were more than 114 sold above asking price, over 234 sold below and more than 95 were sold right at the asked price. 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.

More Resources