NOT LISTED FOR SALE

2116 Luzerne Dr Gatlinburg, TN 37738

Estimated Value: $560,715

1 Bed
2 Baths
1,404 Sq Ft
$399/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $525,000 $374 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,267/month

3 Days on Market

Highlights

  • Pool and Spa
  • Chalet
  • Deck
  • Gatlinburg Pittman High School Rated A-
  • Clubhouse
  • Bonus Room

About This Home

As of October 2023

Experience the charm of Chalet Village with this low-maintenance home, conveniently located less than a 10-minute drive from downtown Gatlinburg. This home has the potential to generate some serious income as a vacation rental and has a first year rental guarantee of $65k with a local management company at a competitive split! This home offers a practical great room layout with a wood burning fireplace and a ground-floor master suite. Downstairs you can find a spacious game room with pool table, bar seating, queen-size custom bunk beds, & a full bathroom. Step outside to find two decks on different levels, providing you with an opportunity to enjoy the serene wooded setting and catch a glimpse of the gorgeous mountains. As the sun sets, you'll even be treated to a glimmering view of the city lights in the distance. For added convenience, there's a utility room equipped with a full-size washer and dryer. What sets this home apart is the rare level parking area that can accommodate up to three cars, a truly valuable feature in the mountainous area. *Please note that the floor-plan indicates two bedrooms and the property can be rented as a two bedroom but the septic permit on file is a 1 bedroom permit. This home offers a cozy retreat in a desirable location. Embrace the opportunity to make this unique property your own.

Last Agent to Sell the Property

The Maloney Team

Prime Mountain Properties License #335706 Listed on: 09/09/2023

Prime Mountain Properties

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM License #105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 2002

Lot Details

  • 0.27 Acre Lot

HOA Fees

  • $45 Monthly HOA Fees

Home Design

  • Chalet
  • Frame Construction
  • Composition Roof
  • Vinyl Siding
  • Block And Beam Construction

Interior Spaces

  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace Features Masonry
  • Great Room
  • Bonus Room
  • Finished Basement
  • Walk-Out Basement
  • Attic Access Panel
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pool and Spa
  • Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Septic Tank
  • Septic Permit Issued
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8/F

Community Details

Overview

  • Chalet Village Owners Club Association
  • Tyrolea Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,406

Year Built

Built in 2002

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Zoning: R-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Co List Office Mls Id: 325
  • Subdivision Name: Tyrolea
  • Above Grade Finished Sq Ft: 730.0
  • Architectural Style: Chalet
  • Fireplace: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • Location Tax and Legal Tax Lot2: 8/F
  • Location Tax and Legal:Tax Annual Amount: 1406.19
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Lot Size Acres: 0.27
  • General Property Information Above Grade Finished Area: 730.0
  • General Property Information Below Grade Finished Area: 674.0
  • 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
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Association Amenities Pool2: Yes
  • Attic Features Access Only: Yes
  • Cooling:Central Air: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Water Source:Public: Yes
  • Levels:Two: Yes
  • Architectural Style Chalet: Yes
  • Sewer Septic Permit On File: Yes
  • Utilities:Cable Available: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Pool Features Hot Tub: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Finished, Walk-Out Access
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Ceiling Fan(s), Great Room, High Speed Internet
  • Street Number Modifier: 2116
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Below Grade Sq Ft: 674.0
  • Fireplace Features: Masonry, Wood Burning
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Basement2: Yes
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Fireplace Features:Masonry: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.27
  • Home Warranty: No
  • Construction Type: Block, Frame, Vinyl Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Block: Yes
  • Construction Materials:Frame: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air, Electric, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank, Septic Permit On File
  • Utilities: Cable 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: 534.0
  • Association Fee Frequency: Annually
  • Association Name: Chalet Village Owners Club
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes

Lot Info

  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1406.19
  • Tax Lot: 8/F

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2023
Closed on
Oct 13, 2023
Sold by
Boehm Donald J and Boehm Ruby R
Bought by
Burgess Kayla Evelyn and Burgess Jason Thomas
Seller's Agent
The Maloney Team
Prime Mountain Properties
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$525,000
Sold Price
$525,000
Views
131
Current Estimated Value
$560,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,715
Avg. Annual Appreciation
3.56%
Original Mortgage
$393,750
Outstanding Balance
$386,803
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$173,912

Purchase Details

Closed on
Apr 14, 2023
Sold by
Parvin Scott Allen and Parvin Amy Leigh
Bought by
Boehm Donald J and Boehm Ruby R

Purchase Details

Closed on
Nov 16, 2017
Sold by
Lynes Paulette M
Bought by
Parvin Scott Allen and Parvin Amy Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 18, 2013
Closed on
Oct 20, 2014
Sold by
Osborne Charles T
Bought by
Vanreynolds Carroll and Of Reynolds Family Trust
Seller's Agent
Jon Dempersmier
Century 21 Four Seasons WOD
Buyer's Agent
Al Greeson
Century 21 Four Seasons WOD
List Price
$169,900
Sold Price
$140,000
Premium/Discount to List
-$29,900
-17.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$112,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 2, 2011
Closed on
Dec 6, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Osborne Charles T and Osborne Beth A
Seller's Agent
DEBBIE BLAIR
Re/Max Prime Properties
Buyer's Agent
Jon Dempersmier
Century 21 Four Seasons WOD
List Price
$129,900
Sold Price
$115,000
Premium/Discount to List
-$14,900
-11.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$92,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2011
Sold by
Moran Terry J
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 30, 2008
Sold by
Norman Royce M
Bought by
Moran Terry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,251
Interest Rate
5.86%

Purchase Details

Closed on
Dec 14, 2005
Sold by
Sampley John H
Bought by
Norman Royce M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.23%

Purchase Details

Closed on
Nov 26, 2001
Sold by
Duane Allen Gerald
Bought by
John Steinkrauss

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,300
Interest Rate
6.85%
Source: Public Records

Range of Values:

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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
Burgess Kayla Evelyn $525,000 Tennessee Land Title
Boehm Donald J $350,000 Smoky Mountain Title
Parvin Scott Allen $200,000 Smoky Mountain Title
Vanreynolds Carroll $140,000 --
Osborne Charles T $115,000 --
Federal Home Loan Mortgage Corporation $112,000 --
Moran Terry J -- --
Norman Royce M $200,000 --
John Steinkrauss $37,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Kayla Evelyn $393,750
Previous Owner Parvin Scott Allen $180,000
Previous Owner Vanreynolds Carroll $112,000
Previous Owner Osborne Charles T $92,000
Previous Owner John Steinkrauss $180,251
Previous Owner John Steinkrauss $170,000
Previous Owner John Steinkrauss $150,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $525,000 0.0% $374 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/09/2023 09/09/23 For Sale $525,000 +156.1% $374 / Sq Ft
09/28/2018 09/28/18 Off Market $205,000 -- --
01/18/2018 01/18/18 Off Market $140,000 -- --
06/30/2017 06/30/17 Sold $205,000 +2.6% $146 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $199,900 +42.8% $142 / Sq Ft
10/20/2014 10/20/14 Sold $140,000 -17.6% $100 / Sq Ft
09/18/2014 09/18/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $169,900 +47.7% $121 / Sq Ft
04/09/2012 04/09/12 Off Market $115,000 -- --
01/09/2012 01/09/12 Sold $115,000 -11.5% $82 / Sq Ft
12/01/2011 12/01/11 Pending -- -- --
11/02/2011 11/02/11 For Sale $129,900 -- $92 / 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 $2,074 $140,120 $21,000 $119,120
2024 $2,074 $140,120 $21,000 $119,120
2023 $2,074 $140,120 $0 $0
2022 $1,406 $87,575 $13,125 $74,450
2021 $1,406 $87,575 $13,125 $74,450
2020 $1,068 $87,575 $13,125 $74,450
2019 $1,070 $53,025 $13,125 $39,900
2018 $1,070 $53,025 $13,125 $39,900
2017 $1,070 $53,025 $13,125 $39,900
2016 $1,070 $53,025 $13,125 $39,900
2015 -- $54,125 $0 $0
2014 $968 $54,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 261299

Great Smoky Mountains Association of REALTORS®

APN: 136D-G-018.00