Welcome to 116 South Gay Street, a building located in Old City, Knox in Knoxville, TN.
As a quick overview, these are the most up-to-date information we've collected about the property.
The building itself was built in 1920.
This is a relatively tall building with a total of 10 floors.
Finally, 116 South Gay Street was most recently sold on Apr 21, 2023 for $359,900.
The market value for the land that the building sits on has been listed at $201,900.
In addition, improvements upon the building have an added value of $5,896,500.
In total, the total market value of the property as a whole is $6,098,400.
The building was last assessed in 2023.
Here's what we know about the features and amenities in this building.
While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead.
We are not sure what system the building uses for cooling.
Sadly, informaton related to the heating system was not disclosed.
There is no porch or patio on the premise of the property.
For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool.
The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
More About The Building
In total, the building area is listed as 123,370 square feet.
The depth of the property lot was measured at 1,330 square feet and the front at 737 square feet.
The building itself has 123,370 square footage of total floor area.
Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition.
The building class code for 116 South Gay Street is unknown but given the importance of this information, we will work to update this data as soon as possible.
Interested in learning more about the neighborhood that the property is located in?
Buildings in the Old City area have a median price of $1,850.
Those in the 25th percentile, have a price around $1,850.
While those in the 75th percentile, have a price around $1,850.
Typically, the buildings in this area have a median sqft of 605.
That means that the median price per sqft is around $3.
In other words, the price per sqft for buildings in the 25th percentile is $3.
While the price per sqft for buildings in the 75th percentile is $3.
As a breakdown, we've included the following stats:
- There are currently no studio listings being advertised in the area.
- There is currently a single advertised one bedroom listing.
- There are currently no two bedroom listings being advertised in the area.
- There are currently no three bedroom listings being advertised in the area.
- There are currently no four bedroom listings being advertised in the area.
About The Area
116 South Gay Street is located in 37902.
There are 2,180 people living here.
There are 1,296 households.
Most of these households have an average family size of 2.29 people.
According to the census, 80% are currently renting while 20% own their homes.
The median age of this population is around 31.3 years old.
On average, most folks in the zipcode are unmarried.
About 7% of folks speak a language other than English in this area.
The area's employment rate is currently around 58.2%.
Speaking of employment, the median income is $29,438.
Most folks will commute by car for around 17.3 minutes.
Finally, we know that 18% of residents in the area have graduated with their high school degree.
Additionally, 23% and 38% have their Bachelor's and Master's degree, respectfully.
Moving on to the county level.
Knox County, Tennessee has a population of 448,164 people.
Based on census records, there are 181,336 registered households.
Families in this area are on average made up of 3.03 people per household.
Most folks are unmarried.
They are also typically around 37.3 years old.
Does diversity matter to you? Right now, 6% of folks speak a language other than English here.
About 36% rent while 64% purchased their homes.
Right now, the community is made up of 26% of residents who have graduated with at least a high school degree.
On top of that, 22% have a Bachelor's degree and 14% have a Master's degree.
The employment rate is currently around 60.1%.
Those employed, have a median income of $50,366.
If you move here, you can expect to commute mostly by car for around 21.8 minutes.
Finally, let's take a look at the stats related to Knoxville, TN Urban Area.
The urban area is home to 581,472 people.
A total of 234,856 households are registered here.
With average family sizes being listed at 3.03 people.
About 27% of residents have graduated with a high school degree.
Of the rest, 21% have their Bachelor's and 13% have their Master's degree.
Folks speaking a language other than English, make up about 7% of the population.
Looking to move to this urban area? You'll need to look forward to commuting by car for around 21.8 minutes.
Speaking of your commute, 58.4% of people in this area are employed.
The recorded median income is currently at $49,644 per year.
The median population age has been listed at 38.2 years old.
Interestingly enough, unmarried people make up the majority of the population.
Last but not least, renters make up about 36% of the population while homeowners are at about 64% of the population.
PUBLIC TRANSIT
Summit Hill WB at Gay Street
(Under 500 ft - 3 min walk)
KAT KNOXVILLE
Summit Hill Drive EB Mid block before Central
(Under 500 ft - 3 min walk)
KAT KNOXVILLE
Summit Hill Dr @ Crown Plaza Out
(540 ft - 3 min walk)
KAT KNOXVILLE
Gay St NB at Summit Hill Drive
(570 ft - 3 min walk)
KAT KNOXVILLE
Central Avenue SB at Summit Hill Drive
(680 ft - 3 min walk)
KAT KNOXVILLE
