NOT LISTED FOR SALE

406 Lucerne Way Gatlinburg, TN 37738

Estimated Value: $750,612 - $874,000

2 Beds
2 Baths
1,408 Sq Ft
$577/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $653,000 $464 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,753/month

12 Days on Market

Highlights

  • Pool and Spa
  • 1.16 Acre Lot
  • Clubhouse
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Deck

About This Home

As of May 2021

This 2 BD, 2 BA log home (plus extra lot) offers a big view of the Smoky Mountains--just a short drive from downtown Gatlinburg in the prestigious Cobbly Nob community! Large open great room complete with cathedral ceiling, massive wood beams overhead, stone fireplace, beautiful wood floors. Fully equipped kitchen and dining room complete with French doors leading out to the wrap-around porch that provides lots of outdoor living space to relax and enjoy the mountain view. Super nice furnishings and dcor throughout the home. Very spacious master suite on the upper floor features cathedral ceiling as well as a unique bay window. The private bath is complete with double sink, luxurious whirlpool tub and stand-up shower. The second bedroom is located on the main floor. The loft, open to the great room below, features an additional sleeping area with access to a private balcony with hammock. Game room with pool table and another sleeping area are located in the unfinished basement as well as a full-size washer and dryer. There is great potential here--with a little work, the basement can be finished which would add over 700 sq. ft. of “finished” living space--walls are framed in and plumbing is in place for an additional bathroom. Excellent investment property--doing great on the rental program! This meticulously cared for cabin is being sold furnished with a few exceptions—list of excluded items are on file. Adjacent lot is included—lot 35 Matterhorn Drive. Property tax and acreage totals reflect both properties.

Last Agent to Sell the Property

Michael Cole

Karen Whitlock Realty License #298242 Listed on: 04/01/2021

Co-Listed By

Susan E. Compton

Karen Whitlock Realty License #275669

Last Buyer's Agent

Jeana Maddux

eXp Realty, LLC 7720 License #348719

eXp Realty, LLC 7720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,356

Year Built

  • Built in 1995

Lot Details

  • 1.16 Acre Lot
  • Property fronts a county road
  • Wooded Lot
  • Property is zoned A-1

HOA Fees

  • $148 Monthly HOA Fees

Home Design

  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 1,408 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Wood Flooring
  • Mountain Views
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Paved Parking

Outdoor Features

  • Pool and Spa
  • Deck
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Tax Lot 36 & 35
  • Assessor Parcel Number 110B B 013

Community Details

Overview

  • Association fees include roads, security
  • Cobbly Nob HOA
  • Cobbly Nob Ches Ridge 1 Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,356

Year Built

Built in 1995

Lot Details

0

HOA Fees

$148 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1995
  • Zoning: A-1
  • CoListOfficeEmail: kowhitlock@aol.com
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Clubhouse, Pool, Tennis Court(s)
  • Reso Association Fee Includes: Roads, Security
  • Pets Allowed: Yes
  • Co List Office Mls Id: 176
  • Co List Office Phone: 865-774-4848
  • Co List Office Mls Id: 176
  • Subdivision Name: Cobbly Nob-Ches Ridge 1
  • Above Grade Finished Sq Ft: 1408.0
  • Architectural Style: Cabin, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: Two
  • ResoWindowFeatures: Double Pane Windows, Window Treatments
  • Location Tax and Legal Parcel Number2: 110B B 013
  • Location Tax and Legal Tax Lot2: 36 & 35
  • Location Tax and Legal:Tax Annual Amount: 1356.41
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 1.16
  • General Property Information Above Grade Finished Area: 1408.0
  • General Property Information Below Grade Unfinished Area: 768.0
  • 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
  • General Property Information View YN2: Yes
  • Appliances Dryer: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Architectural Style Cabin2: Yes
  • Architectural Style Log2: Yes
  • Association Amenities Pool2: Yes
  • Flooring Wood: 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
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 1
  • 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: 2
  • Room Types Utility Room: Yes
  • Room Types Utility Room Level: B
  • Levels:Two: Yes
  • Road Frontage Type County Road: Yes
  • Sewer Septic Permit On File: Yes
  • Utilities:Cable Available: Yes
  • Association Amenities Tennis Court(s)4: Yes
  • Pool Features Hot Tub: Yes
  • Pets Allowed:Yes: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Basement, Full
  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Great Room, High Speed Internet, Soaking Tub
  • Street Number Modifier: 406
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Total Bedrooms: 12
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Interior Features:Soaking Tub: Yes
  • Basement:Basement2: Yes
  • Full Basement: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Wood Burning: Yes
  • Community Features:Tennis Court(s): Yes

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Composition
  • Acres: 1.16
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Log Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Window Features:Window Treatments: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: 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: Electric, Heat Pump
  • Heating: Central
  • 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
  • Sewer Septic Tank: Yes
  • HeatingCooling:Heat Pump: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s)
  • Association Fee: 1776.0
  • Association Fee Frequency: Annually
  • Association Name: Cobbly Nob HOA
  • Association: Yes

Association/Amenities

  • Association Amenities:Clubhouse2: Yes
  • Association Fee Includes:Security2: Yes

Lot Info

  • Lot Size Sq Ft: 50529.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 110B B 013
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1356.41
  • Tax Lot: 36 & 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 17, 2021
Sold by
Scheuerman Gary L and Scheuerman Helen W
Bought by
Sohmonsky Shawn
Seller's Agent
Michael Cole
Karen Whitlock Realty
Buyer's Agent
Jeana Maddux
eXp Realty, LLC 7720
List Price
$699,000
Sold Price
$653,000
Premium/Discount to List
-$46,000
-6.58%
Current Estimated Value
$816,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,101
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Apr 29, 2019
Sold by
Scheuerman Gary L and Scheuerman Helen M
Bought by
Scheuerman Gary L

Purchase Details

Closed on
Jun 6, 2006
Sold by
Thomson Russell J
Bought by
Christopher Ford

Purchase Details

Closed on
Jan 14, 1995
Bought by
Gallo Romaine B
Source: Public Records

Range of Values:

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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
Sohmonsky Shawn $653,000 Smoky Mountain Title
Scheuerman Gary L -- None Available
Christopher Ford $25,000 --
Gallo Romaine B $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schmonsky Shawn $581,250
Previous Owner Scheuerman Helen M $150,000
Previous Owner Scheuerman Gary L $138,000
Previous Owner Scheuerman Gary L $25,000
Previous Owner Scheuerman Gary L $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2021 08/19/21 Off Market $653,000 -- --
05/21/2021 05/21/21 Sold $653,000 -6.6% $464 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $699,000 -- $496 / 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 $1,631 $110,225 $13,500 $96,725
2024 $1,631 $110,225 $13,500 $96,725
2023 $1,631 $110,225 $0 $0
2022 $1,631 $110,225 $13,500 $96,725
2021 $1,631 $110,225 $13,500 $96,725
2020 $1,143 $110,225 $13,500 $96,725
2019 $1,143 $61,425 $13,500 $47,925
2018 $1,143 $61,425 $13,500 $47,925
2017 $1,143 $61,425 $13,500 $47,925
2016 $1,143 $61,425 $13,500 $47,925
2015 -- $61,625 $0 $0
2014 $1,004 $61,613 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 241565

Great Smoky Mountains Association of REALTORS®

APN: 110B-B-013.00