NOT LISTED FOR SALE

1860 Luzerne Dr Gatlinburg, TN 37738

Estimated Value: $755,362

4 Beds
3 Baths
3,276 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $340,000 $104 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,284/month

77 Days on Market

Highlights

  • Mountain View
  • Chalet
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Clubhouse
  • Wood Burning Stove

About This Home

As of May 2019

Very nice 4 bedroom, 3 bath chalet in Chalet village. Located in a gorgeous setting with an excellent mountain view. Convenient to downtown Gatlinburg, the ski resort, and the National Park! Features include a spacious floor plan, vaulted ceilings, wood burning fireplace in the living room, large bedrooms, rec room, wood stove downstairs, and plenty of storage. This home is used as a 2nd home and not currently on a rental program, but it would make a great investment! Offered at a great price!

Last Agent to Sell the Property

Darlene Derosia

Smoky Mountain Real Estate Cor Listed on: 01/31/2019

Last Buyer's Agent

Jake Cowart

TN Smoky Mtn Realty License #301101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,544

Year Built

  • Built in 1976

Lot Details

  • 10,019 Sq Ft Lot
  • Private Lot

Home Design

  • Chalet
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Window Treatments
  • Great Room
  • Mountain Views
  • Finished Basement

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Septic Permit Issued

Listing and Financial Details

  • Tax Lot 69/K

Community Details

Overview

  • No Home Owners Association
  • Chalet Village Association
  • Tyrolea Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,544

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLotFeatures: Private
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • Reso Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Co List Office Mls Id: 505
  • Subdivision Name: Tyrolea
  • Above Grade Finished Sq Ft: 2016.0
  • Architectural Style: Chalet
  • Fireplace: Yes
  • Garage Yn: No
  • ResoWindowFeatures: Window Treatments
  • Location Tax and Legal Tax Lot2: 69/K
  • Location Tax and Legal:Tax Annual Amount: 1544.0
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Above Grade Finished Area: 2016.0
  • General Property Information Below Grade Finished Area: 1260.0
  • General Property Information Bonus Room YN2: No
  • 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 Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Association Amenities Pool2: Yes
  • Cooling:Central Air: Yes
  • Interior Features Great Room2: Yes
  • Roof:Composition: Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Architectural Style Chalet: Yes
  • Sewer Septic Permit On File: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, In-Law Floorplan
  • Street Number Modifier: 1860
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1260.0
  • Fireplace Features: Wood Burning, Wood Burning Stove
  • Fireplaces: 2
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 0.23
  • View: Yes
  • Home Warranty: No
  • Construction Type: Frame
  • Patio And Porch Features: Deck
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Private2: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central
  • Sewer: Septic Tank, Septic Permit On File
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • HeatingCooling:Electric: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 35.0
  • Association Name: Chalet Village
  • Association: No

Association/Amenities

  • Association Amenities:Clubhouse2: Yes

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1544.0
  • Tax Lot: 69/K

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 16, 2019
Sold by
The Betty Sue Barker Family Trust
Bought by
Wayne Kenneth and Hollin Head Tiny Paulette
Seller's Agent
Darlene Derosia
Smoky Mountain Real Estate Cor
Buyer's Agent
Jake Cowart
TN Smoky Mtn Realty
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$755,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,362
Avg. Annual Appreciation
14.57%
Original Mortgage
$272,000
Outstanding Balance
$239,671
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$557,153

Purchase Details

Closed on
Apr 30, 2009
Sold by
Barker Betty Sue
Bought by
Barker Betty Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,127
Interest Rate
5.18%

Purchase Details

Closed on
Dec 30, 2008
Sold by
Barker Betty Sue
Bought by
Barker Betty Sue

Purchase Details

Closed on
Aug 8, 1997
Sold by
Weiermiller Homer C
Bought by
Barker Lester W

Purchase Details

Closed on
Aug 8, 1995
Bought by
Barker Lester W and Barker Betty S
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Wayne Kenneth $340,000 Tennessee Land Title
Barker Betty Sue -- --
Barker Betty Sue -- --
Barker Lester W $200,000 --
Barker Lester W $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wayne Kenneth $272,000
Previous Owner Barker Betty Sue $154,186
Previous Owner Barker Betty Sue $160,127
Previous Owner Barker Lester W $170,783
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2019 08/19/19 Off Market $340,000 -- --
05/16/2019 05/16/19 Sold $340,000 -2.8% $104 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $349,900 -- $107 / 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 $2,031 $137,240 $28,000 $109,240
2024 $1,269 $85,775 $17,500 $68,275
2023 $1,269 $85,775 $0 $0
2022 $1,377 $85,775 $17,500 $68,275
2021 $1,377 $85,775 $17,500 $68,275
2020 $1,542 $85,775 $17,500 $68,275
2019 $1,544 $76,475 $17,500 $58,975
2018 $1,544 $76,475 $17,500 $58,975
2017 $1,544 $76,475 $17,500 $58,975
2016 $1,544 $76,475 $17,500 $58,975
2015 -- $77,750 $0 $0
2014 $1,391 $77,759 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 220438

Great Smoky Mountains Association of REALTORS®

APN: 137A-B-044.00