NOT LISTED FOR SALE

2040 Shannon Dr Morganton, NC 28655

Estimated Value: $888,000 - $1,083,000

4 Beds
4 Baths
2,654 Sq Ft
$370/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $800,000 $301 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,545/month

118 Days on Market

Highlights

  • Great Room with Fireplace
  • Card or Code Access
  • Kitchen Island
  • Wood Flooring
  • Laundry Room
  • Zoned Heating

About This Home

As of December 2022

Experience mountain views from every window of the amazing timberblock home in Old Oaks Estates. This ultra efficient home has all the space and luxuries needed for your mountain home. The large vaulted great room has a rock fireplace and stunning views of Table Rock Mountain. The adjoining kitchen has high end appliances and a massive granite island. Eat at the island or the adjoining dining area. There are 4 bedrooms with en-suite baths. The great room opens to a 16x52 covered porch with amazing mountain views and outdoor rock fireplace. There is a kitchen pass through window to the porch. Circle the entire home with a full wrap around porch to get a 360 degree view of the Blue Ridge Mountains. The unfinished basement is heated and cooled with a rough in 5th bath and second kitchen. Basement with Table Rock view opens to a large covered patio ideal for a hot tub and outdoor kitchen. Step off the patio to the perfect location for an infinity edge pool. Vacation rentals allowed.

Last Agent to Sell the Property

Mike Watts

Berkshire Hathaway HomeServices Blue Ridge REALTORS® License #170338 Listed on: 08/23/2022

Berkshire Hathaway HomeServices Blue Ridge REALTORS®

Last Buyer's Agent

Rhonda Edge

Edge Real Estate Services License #236000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • Property is zoned RMU, Burke

HOA Fees

  • $29 Monthly HOA Fees

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • Ventless Fireplace
  • Great Room with Fireplace
  • Wood Flooring
  • Laundry Room
  • Basement

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Parking

  • Garage
  • Garage Door Opener

Schools

  • Mountain View Elementary School
  • Walter Johnson Middle School
  • Freedom High School

Utilities

  • Zoned Heating
  • Vented Exhaust Fan
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1798811659

Community Details

Overview

  • Old Oaks Estates Subdivision
  • Mandatory home owners association

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2016
  • Ratio Current Price By Acre: 437158.47
  • Restrictions: Architectural Review,Square Feet,Subdivision
  • Road Surface Type: Concrete
  • Structure Type: One and a Half Story/Basement
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 301.43
  • Special Features: None

Interior Features

  • Foundation Details: Basement, Basement Inside Entrance, Basement Outside Entrance
  • Flooring: Wood
  • Interior Amenities: Kitchen Island
  • Fixture Exception Yn: 0
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1764
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1764
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 1764
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 890
  • Appliances: Gas Cooktop, Dishwasher, Disposal, Electric Oven, Exhaust Fan, Exhaust Hood, Microwave, Propane Cooktop, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Ventless, Great Room
  • Living Area: 2654
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Half Bathrooms: 0

Exterior Features

  • New Construction: No
  • Roof: Metal
  • Tax Location: No City Taxes Paid
  • Construction Type: Site Built
  • Construction Type: Wood Siding, Other

Garage/Parking

  • Main Level Garage YN: 1
  • Parking Features: Garage - 2 Car, Garage Door Opener, Keypad Entry

Utilities

  • Heating: Heat Pump, Heat Pump, Multizone A/C, Zoned
  • Sewer: Septic Installed
  • Water Heater: Electric
  • Laundry Features: Main Level
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Walter Johnson
  • HOA Subject To: Required
  • CAR_YearlyHOAExpense: 350.00

Lot Info

  • Lot Features: Long Range View, Mountain View, Year Round View
  • Lot Size Units: Acres
  • Parcel Number: 1798811659
  • Zoning Description: Burke
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 1.83957

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Mountain View
  • High School: Freedom

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2022 12/19/22 Sold $800,000 -11.1% $301 / Sq Ft
08/23/2022 08/23/22 For Sale $900,000 -- $339 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $4,899 $701,777 $54,461 $647,316
2024 $4,930 $701,777 $54,461 $647,316
2023 -- $701,777 $54,461 $647,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3897700

Canopy MLS (Canopy Realtor® Association)

APN: 62198