$340,000
116 S Gay St, 705
Knoxville, TN 37902
MLS# 1108174
Status: Closed
2 beds  |  900 sqft


116 S Gay St, 705, Knoxville, TN 37902
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116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902 116 S Gay St, 705, Knoxville, TN 37902

Property Description
The Sterchi Building located at 116 S Gay Street was originally the home of Sterchi Brothers Furniture headquarters, it also served as the largest Wholesale furniture center in the Southeast for decades. In 2002 the building was renovated into 100 modern, loft apartments ranging from studio to four-bedroom units. The conversion consists of several significant upgrades including: - new energy efficient ''Samsung'' appliances - modern ''Carrier'' HVAC units - designer-quality light fixtures - quartz countertops, deep stainless steel sinks, commercial grade kitchen faucets, - Delta plumbing fixtures, Roca (Spanish) tile in the showers and tub surrounds, - redesigned fitness center with Peloton, Nordic Track, Max Trainer and other high-end gym equipment

Details
Maps
Documents
Location, Tax & Legal Info
House #: 116
St Dir: S
Street Name: Gay
St Suffix: St
Unit #: 705
State/Province: TN
Zip Code: 37902
Property Sub-Type: Condominium
Area: Knox County - 1
City/County Code: City Limits
PIN #: 094eg043
Subdivision: Sterchi Lofts Condominiums
Elementary School: Sequoyah
Middle School: South Doyle
High School: Austin East/Magnet
Total Tax: 119017.07
Geo Lat: 35.968495
Geo Lon: -83.919987
Contract Info
Auction Y/N: No
Listing Price: 340000
Current Price: $340,000
Status: Closed
Listing Date: 2020-02-17
Cooperation Comp: 2.4
Compensation Type: %
General Property Description
Type: High Rise
Lot Size SqFt: 900
Site Built: Yes
Restrictions: Yes
SqFt - Total (Aprox): 900
SqFt - Main Lvl: 900
# Bedrooms: 2
Baths - Full: 1
# of Rooms: 4
Fireplace: No
Property Status: N/A
HOA: Mandatory
HOA Fee: 202
HOA Freq: Monthly
HOA Contact: Terminus Real Estate- 865-673-6300
Position of Unit: Front, SW Corner
Year Built: 1920
Bonus Room: No
Remarks & Misc
Directions: Located in the Sterchi Lofts on the beautiful historic 100 Block of Gay Street between Summit Hill and Jackson Avenue. Just steps away from numerous entertainment venues, restaurants, bars, coffee shops, boutiques, galleries, and more! For additional availability check out sterchiloftsforsale.com
Public Remarks: The Sterchi Building located at 116 S Gay Street was originally the home of Sterchi Brothers Furniture headquarters, it also served as the largest Wholesale furniture center in the Southeast for decades. In 2002 the building was renovated into 100 modern, loft apartments ranging from studio to four-bedroom units. The conversion consists of several significant upgrades including: - new energy efficient ''Samsung'' appliances - modern ''Carrier'' HVAC units - designer-quality light fixtures - quartz countertops, deep stainless steel sinks, commercial grade kitchen faucets, - Delta plumbing fixtures, Roca (Spanish) tile in the showers and tub surrounds, - redesigned fitness center with Peloton, Nordic Track, Max Trainer and other high-end gym equipment
Status Change Info
Status Change Date: 2020-03-02
Under Contract Date: 2020-02-19
Sold Date: 2020-03-02
Sold Price: $340,000
Property Features
Atchd/Dtchd Type: Attached
Style: Historic
Construction: Brick
Siding: Brick
Garage/Parking: Off-Street Parking
Basement: None
Lot Description: Other
View: Mountain View
Fireplace: None
Floors: Other
Fuel: Electric
Heat: Central
Cooling: Central Cooling
Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Self Cleaning Oven; Smoke Detector; Washer
Sewer: Public Sewer
Water: Public
Misc Features: Internet Available; Washer/Dryer Connect; Wired for Internet
Exterior Features: Windows - Insulated
Community Amenities: Elevator; Exercise Room; Extra Storage; Security; Other - See Remarks
Association Fee Incl: Association Ins; Building Exterior; Fire Protection; Grounds Maintenance; Pest Contract; Some Amenities; Trash
Showing: See Agent Instructns
New Financing: Alternative; Call Listing Agent; Cash; Conventional; Other
Supplements
The recent renovation and reopening of the 10th-story rooftop deck may be the best of all as residents have access to a private deck with panoramic views of Knoxville and the Great Smoky Mountains! Optional in building storage and off-street parking available. You'll have no shortage of options when you want to get out on the town as Sterchi Lofts is just steps away from numerous entertainment venues, restaurants, bars, coffee shops, boutiques, galleries, and more! For additional availability check out sterchiloftsforsale.com

Listing Office: Terminus Real Estate, Inc.

Office Phone: 865-673-6300

Last Updated: March - 02 - 2020

116 S Gay St, 705, Knoxville, TN 37902 - MLS# 1108174
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, 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.