NOT LISTED FOR SALE

429 Lucerne Way Gatlinburg, TN 37738

Estimated Value: $924,376

2 Beds
2.5 Baths
2,120 Sq Ft
$436/Sq Ft Est. Value

Last Sold March 28, 2022

Last sale price $960,000 $453 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,406/month

21 Days on Market

Highlights

  • Pool and Spa
  • Gated Community
  • Chalet
  • Gatlinburg Pittman High School Rated A-
  • Mountain View
  • Deck

About This Home

As of March 2022

Incredible investment opportunity with stunning Mountain View's!! This luxury furnished 2BD, 2.5BA cabin offers a large open great room featuring hand-hewn logs, cathedral wood-beamed ceilings, floor to ceiling stack stone wood burning fireplace, picture windows, dining area and gourmet chef's kitchen with granite countertops and high-end stainless appliances. From the living room glass doors lead to the very spacious, two level deck where you can relax to the unobstructed majestic views of the Smoky Mountains while enjoying a meal or happy hour at the full size dining table and bar along the deck or soak in the 5 person hot tub. The game room is loaded with pool table, shuffleboard, foosball, card table and board games. Located in the highly sought-after Cobbly Nob community offers 3 swimming pools (Memorial Day through Labor Day), tennis courts, guard shack at entrance, security and road upkeep including snow plowing/salting. Parking is a breeze on the flat driveway. Amazing rental revenue history over $100k per year! Cabin already has over $50k in bookings this year on reservation and is willing to transfer those bookings to buyer. This cabin has maintained 4.98 stars with over 134 reviews and is popular with repeat guests. Owners blocked plenty of weeks for their own enjoyment but otherwise this cabin is a consistent money-maker.

Last Agent to Sell the Property

Timothy Tipton

Realty Executives Associates Maryville 2 Listed on: 02/04/2022

Last Buyer's Agent

Michael Cole

Karen Whitlock Realty License #298242

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,042

Year Built

  • Built in 1986

Lot Details

  • 0.41 Acre Lot
  • Private Lot
  • Wooded Lot
  • Property is zoned A-1

HOA Fees

  • $132 Monthly HOA Fees

Home Design

  • Chalet
  • Log Cabin
  • Composition Roof
  • Log Siding

Interior Spaces

  • 2,120 Sq Ft Home
  • 1.5-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Electric Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Loft
  • Bonus Room
  • Game Room
  • Wood Flooring
  • Mountain Views
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • Driveway
  • Paved Parking

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 60

Community Details

Overview

  • Association fees include ground maintenance, roads, security
  • Cobbly Nob Poa
  • Cobbly Nob Ches Ridge 1 Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Community Pool

Building Details

  • Security

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,042

Year Built

Built in 1986

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Zoning: A-1
  • Reso Property Sub Type: Single Family Residence
  • NumberUnfurnished: Furnished
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Private, Wooded
  • ResoPoolFeatures: Hot Tub
  • Road Surface Type: Paved
  • Reso View: Mountain(s)
  • ResoOtherEquipment: Intercom
  • ResoSecurityFeatures: Gated Community, Smoke Detector(s)
  • Reso Association Amenities: Management, Pool, Tennis Court(s)
  • Reso Association Fee Includes: Maintenance Grounds, Roads, Security
  • Pets Allowed: Yes
  • Co List Office Mls Id: 860
  • Subdivision Name: Cobbly Nob-Ches Ridge 1
  • Above Grade Finished Sq Ft: 2120.0
  • Architectural Style: Cabin, Chalet, Log
  • Fireplace: Yes
  • Reso Flooring: Wood
  • Garage Yn: No
  • Unit Levels: One and One Half
  • Location Tax and Legal Tax Lot2: 60
  • Location Tax and Legal:Tax Annual Amount: 1041.6
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.41
  • General Property Information Above Grade Finished Area: 2120.0
  • General Property Information:Bathrooms Half: 1
  • 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
  • Cooling:Central Air: Yes
  • Flooring Wood: Yes
  • Interior Features Great Room2: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels:One and One Half: Yes
  • Roof:Composition: Yes
  • Security Features:Smoke Detector(s): Yes
  • Land Features View Mountains: Yes
  • Water Source:Public: Yes
  • Room Types Bedroom 2 Level: 2
  • Room Types Dining Room: Yes
  • Room Types Dining Room Level: 1
  • Room Types Living Room: Yes
  • Room Types Living Room Level: 1
  • Room Types Loft: Yes
  • Room Types Loft Level: 2
  • Room Types Primary Bedroom Level: 1
  • 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
  • Pets Allowed:Yes: Yes
  • Room Types Game Room: Yes
  • Room Types Game Room Level: 1
  • Other Equipment:Intercom: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space, None
  • 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, Solid Surface Counters
  • Street Number Modifier: 429
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Electric, Wood Burning
  • Fireplaces: 2
  • Total Bedrooms: 14
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Crawl Space: Yes
  • Basement:None3: Yes
  • Fireplace Features:Electric2: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Ceiling Fans: Yes
  • Interior Features:High Speed Internet: Yes
  • Appliances:Range Hood: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Solid Surface Counters: Yes
  • Security Features:Gated Community: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Composition
  • Acres: 0.41
  • View: Yes
  • Home Warranty: No
  • Construction Type: Log, Log Siding
  • Patio And Porch Features: Deck
  • Construction Materials:Log: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Log Siding: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Private2: 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
  • 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

Condo/Co-op/Association

  • Association Fee: 1588.0
  • Association Fee Frequency: Annually
  • Association Name: Cobbly Nob POA
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Amenities:Management: Yes
  • Association Fee Includes:Security2: Yes

Lot Info

  • Lot Size Sq Ft: 17859.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1041.6
  • Tax Lot: 60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 28, 2022
Sold by
Mccall Adam A and Mccall Mariko
Bought by
Fiat Llc
Seller's Agent
Timothy Tipton
Realty Executives Associates Maryville 2
Buyer's Agent
Michael Cole
Karen Whitlock Realty
List Price
$1,100,000
Sold Price
$960,000
Premium/Discount to List
-$140,000
-12.73%
Current Estimated Value
$924,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,624
Avg. Annual Appreciation
-1.11%
Original Mortgage
$720,000
Outstanding Balance
$635,445
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$288,931

Purchase Details

Listed on
Dec 4, 2020
Closed on
Jan 12, 2021
Sold by
Boehm Michael B and Boehm Marie J
Bought by
Mccall Adam A and Mccall Mariko
Seller's Agent
Michael Cole
Karen Whitlock Realty
Buyer's Agent
Gennifer Mix
eXp Realty, LLC 7720
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.83%
Original Mortgage
$548,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2015
Closed on
Aug 24, 2015
Sold by
Manns Rudolph J
Bought by
Boehm Michael and Boehm Marie
Seller's Agent
Glen Beasley
GREENBRIER VALLEY REAL ESTATE, INC.
Buyer's Agent
Michael Cole
All Pro REALTORS, Inc.
List Price
$267,000
Sold Price
$267,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.58%

Purchase Details

Closed on
Aug 28, 2007
Sold by
Menno Gosses
Bought by
Manns Rudolph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.62%

Purchase Details

Closed on
May 31, 2001
Sold by
Menno Gosses and Menno Margaret
Bought by
Gosses Menno Trustee
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Fiat Llc $960,000 Smoky Mountain Title
Mccall Adam A $700,000 Smoky Mountain Title
Mccall Adam A $700,000 Smoky Mountain Title
Boehm Michael $267,000 --
Manns Rudolph J $210,000 --
Gosses Menno Trustee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiat Llc $720,000
Previous Owner Mccall Adam A $548,250
Previous Owner Manns Rudolph James $175,000
Previous Owner Gosses Menno Trustee $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2022 10/02/22 Off Market $960,000 -- --
03/28/2022 03/28/22 Sold $960,000 -12.7% $453 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $1,100,000 +57.1% $519 / Sq Ft
04/18/2021 04/18/21 Off Market $700,000 -- --
03/13/2021 03/13/21 Off Market $700,000 -- --
01/12/2021 01/12/21 Sold $700,000 -12.4% $330 / Sq Ft
12/04/2020 12/04/20 For Sale $799,000 +199.3% $377 / Sq Ft
11/23/2020 11/23/20 Off Market $267,000 -- --
08/25/2015 08/25/15 Sold $267,000 0.0% $159 / Sq Ft
07/20/2015 07/20/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $267,000 -- $159 / 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 $2,840 $191,880 $40,000 $151,880
2024 $2,840 $191,880 $40,000 $151,880
2023 $2,840 $191,880 $0 $0
2022 $1,775 $119,925 $25,000 $94,925
2021 $1,775 $119,925 $25,000 $94,925
2020 $1,042 $119,925 $25,000 $94,925
2019 $1,042 $56,000 $20,000 $36,000
2018 $1,042 $56,000 $20,000 $36,000
2017 $763 $41,025 $20,000 $21,025
2016 $763 $41,025 $20,000 $21,025
2015 -- $36,500 $0 $0
2014 $595 $36,489 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Great Smoky Mountains Association of REALTORS®

MLS Number: 247232

Great Smoky Mountains Association of REALTORS®

APN: 110B-B-027.00