NOT LISTED FOR SALE

1503 Zermatt Dr Gatlinburg, TN 37738

Estimated Value: $1,300,414

4 Beds
6 Baths
3,496 Sq Ft
$372/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $1,400,000 $400 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,323/month

156 Days on Market

Highlights

  • Pool and Spa
  • Mountain View
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Clubhouse
  • Contemporary Architecture

About This Home

As of November 2022

If breathtaking views and entertainment are what you are looking for, you have found your permanent or vacation home. Sized to sleep 8-12 guests (2 sleeper sofas), this three level log cabin offers panoramic views of the Smoky Mountains and Gatlinburg from every deck. Watch the Aerial Tram as it travels up the mountainside to Ober Gatlinburg and don't forget to wave at the passengers! See the twinkling lights of downtown Gatlinburg at night or the splendor of the 4th of July and New Year's Eve Fireworks from the privacy of your hot tub. When you open the front door to the main level, you'll be blown away by sweeping views of the Smokies from the living room and dining room. A full kitchen, half bath and large deck complete the entry level. Moving one story down to the second level, you will find 2 King suites with walk-in showers, two person whirlpool tubs and sprawling mountain views from a large covered deck. One additional story down is the third level with 1 additional King suite with private bath (convenient access to deck/hot tub through bath), game room with pool table, wet bar, drink and wine refrigerators, tabletop arcade game and large television. Outside on the deck, is a four person hot tub with a view of the mountains. The stunning Fourth King Suite has 17 foot vaulted ceilings, floor to ceiling stone gas fireplace, 50" Television and a bar with drink and wine refrigerators. The master suite also has an elaborate bathroom that includes a whirlpool tub, additional gas fireplace, walk-in shower with a stone water fall, rainfall shower head and horizontal jets. The suite has it's own balcony with see-through railings, lounge chairs and a double swing. The most unique feature of Majestic View Lodge is an exceptionally rare professionally-designed movie theater with a 16 foot high definition screen and surround sound system. Perfect for a family movie night or watching the big game. The theater features a full sized private bathroom, full sized refrigerator, state of the art electronic equipment and theater seating.

Last Agent to Sell the Property

Corey Hawks

Mountain Laurel Chalets License #325552 Listed on: 04/19/2022

Last Buyer's Agent

Reagen Natho

eXp Realty, LLC 7720 License #366504

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1989

Lot Details

  • 0.42 Acre Lot
  • Property is zoned R-1A

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Metal Roof
  • Log Siding
  • Masonite

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Game Room
  • Utility Room
  • Washer
  • Wood Flooring
  • Mountain Views
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom located in the basement
  • Walk-In Closet
  • Soaking Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Tax Lot 4/

Community Details

Overview

  • Ski Chalet Village Association
  • Tyrolea Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,675

Year Built

Built in 1989

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Zoning: R-1A
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: City Street
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Security System, Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool
  • Co List Office Mls Id: 42
  • Subdivision Name: Tyrolea
  • Above Grade Finished Sq Ft: 1912.0
  • Architectural Style: Contemporary
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Multi/Split, Three Or More
  • Location Tax and Legal Tax Lot2: 4/
  • Location Tax and Legal:Tax Annual Amount: 2675.0
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 0.42
  • General Property Information Above Grade Finished Area: 1912.0
  • General Property Information Below Grade Finished Area: 1584.0
  • General Property Information:Bathrooms Half: 2
  • General Property Information Bonus Room YN2: Yes
  • General Property Information:Furnished: Furnished
  • General Property Information Accessory Dwelling Unit YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Construction Type2: Site Built
  • General Property Information View YN2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: B
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Primary Bedroom Level: B
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: B
  • Security Features:Security System: Yes
  • Utilities Water Available: Yes
  • Levels Three Or More: Yes
  • Room Types Bedroom 3 Level: 2
  • Pool Features Hot Tub: Yes
  • Architectural Style:Contemporary: Yes
  • Room Types Bedroom 4 Level: 2
  • Room Types Game Room: Yes
  • Room Types Game Room Level: B
  • Levels MultiSplit: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, Soaking Tub, Solid Surface Counters, Walk-In Closet(s), Wet Bar, Other
  • Street Number Modifier: 1503
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1584.0
  • Fireplace Features: Gas Log
  • Total Bedrooms: 18
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:Soaking Tub: Yes
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Solid Surface Counters: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Metal
  • Acres: 0.42
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log Siding, Masonite
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Log Siding: Yes
  • Construction Materials:Masonite: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway, Paved
  • General Property Information:Garage YN: No
  • Parking Features:Driveway: Yes
  • Parking Features:Paved2: Yes

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association Fee Frequency: Annually
  • Association Name: Ski Chalet Village
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes

Lot Info

  • Lot Size Sq Ft: 18295.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2675.0
  • Tax Lot: 4/

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Oct 28, 2022
Sold by
Ashfield Properties Llc
Bought by
Kyker Keith Aaron and Kyker Jamie Nicole
Seller's Agent
Corey Hawks
Mountain Laurel Chalets
Buyer's Agent
Reagen Natho
eXp Realty, LLC 7720
List Price
$2,200,000
Sold Price
$1,400,000
Premium/Discount to List
-$800,000
-36.36%
Current Estimated Value
$1,300,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,586
Avg. Annual Appreciation
-2.33%
Original Mortgage
$1,120,000
Outstanding Balance
$550,453
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$758,963

Purchase Details

Closed on
Mar 10, 2022
Sold by
Barnett Ii Bill E and Barnett Dawn M
Bought by
Ashfield Properties Llc

Purchase Details

Listed on
Jul 21, 2017
Closed on
Feb 28, 2018
Sold by
Claudel Warren Dale and Claudel Lisa J
Bought by
Barnett Ii Bill E and Barnett Dawn M
Seller's Agent
Jon Dempersmier
Century 21 Four Seasons Realty Parkway
Buyer's Agent
NON-MLS NON-MEMBER
NON MEMBER FIRM
List Price
$699,500
Sold Price
$640,000
Premium/Discount to List
-$59,500
-8.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$480,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2013
Closed on
Sep 25, 2014
Sold by
Franklin Patricia A
Bought by
Claudel Warren Dale and Claudel Lisa J
Seller's Agent
Teresa Myers
Century 21 Four Seasons WOD
Buyer's Agent
Beth Smith
Century 21 Four Seasons Realty Parkway
List Price
$699,000
Sold Price
$615,000
Premium/Discount to List
-$84,000
-12.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.17%
Original Mortgage
$522,750
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2009
Sold by
East Bay Grp Llc
Bought by
Franklin Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.79%

Purchase Details

Closed on
May 2, 2000
Sold by
Bearwalk Properties Llc
Bought by
East Bay Group

Purchase Details

Closed on
Aug 6, 1999
Sold by
Keever John A
Bought by
Bearwalk Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.65%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kyker Keith Aaron $1,400,000 Maryville Title
Ashfield Properties Llc -- None Listed On Document
Barnett Ii Bill E $640,000 Admiral Title
Claudel Warren Dale $615,000 --
Franklin Patricia A -- --
East Bay Group $399,000 --
Bearwalk Properties $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kyker Keith Aaron $1,120,000
Previous Owner Barnett Ii Bill E $480,000
Previous Owner Claudel Warren Dale $522,750
Previous Owner Bearwalk Properties $250,000
Previous Owner East Bay Group Llc $350,000
Previous Owner Bearwalk Properties $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2023 02/12/23 Off Market $1,400,000 -- --
11/10/2022 11/10/22 Sold $1,400,000 -6.7% $400 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/07/2022 09/07/22 Price Changed $1,500,000 -18.9% $429 / Sq Ft
05/18/2022 05/18/22 Price Changed $1,850,000 -15.9% $529 / Sq Ft
04/19/2022 04/19/22 For Sale $2,200,000 +243.8% $629 / Sq Ft
05/30/2019 05/30/19 Off Market $640,000 -- --
03/01/2018 03/01/18 Sold $640,000 +4.1% $183 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
12/25/2017 12/25/17 Off Market $615,000 -- --
07/21/2017 07/21/17 For Sale $699,500 +13.7% $200 / Sq Ft
09/26/2014 09/26/14 Sold $615,000 -12.0% $176 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
02/05/2013 02/05/13 For Sale $699,000 -- $200 / Sq Ft
Source: Great Smoky Mountains Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,280 $289,200 $38,520 $250,680
2024 $4,280 $289,200 $38,520 $250,680
2023 $4,280 $289,200 $0 $0
2022 $2,902 $180,750 $24,075 $156,675
2021 $2,902 $180,750 $24,075 $156,675
2020 $2,079 $180,750 $24,075 $156,675
2019 $2,082 $103,125 $21,875 $81,250
2018 $2,082 $103,125 $21,875 $81,250
2017 $2,082 $103,125 $21,875 $81,250
2016 $2,082 $103,125 $21,875 $81,250
2015 -- $98,650 $0 $0
2014 $2,415 $134,987 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 248770

Great Smoky Mountains Association of REALTORS®

APN: 136D-D-039.00