NOT LISTED FOR SALE

2040 Shannon Ln Homer, AK 99603

Estimated Value: $281,000 - $419,100

4 Beds
2 Baths
1,872 Sq Ft
$188/Sq Ft Est. Value

Last Sold August 02, 2013

Current estimated payment $2,042/month

46 Days on Market

Highlights

  • Peek-A-Boo Views
  • Deck
  • Baseboard Heating
  • Homer Middle School Rated A-
  • Private Yard
  • Carpet

About This Home

As of August 2013

Fantastic Duplex in superb location. On city water and sewer only a stones throw from the Bike Trail to downtown or East End Road for recreation. Live in one unit and let someone else pay most of your mortgage or invest in passive income. Newly painted inside and out, fresh carpet and other upgrades; this property is ready for you. Location, Greensapce and open floor plans await you!

Last Listed By

Christopher Story

Story Real Estate License #15729 Listed on: 04/05/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $862

Year Built

  • Built in 1981

Lot Details

  • 7,841 Sq Ft Lot
  • Private Yard
  • Suitable for Bed and Breakfast
  • Property is zoned RR, Rural Residential

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Asphalt Roof

Interior Spaces

  • 1,872 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Peek-A-Boo Views
  • Fire and Smoke Detector
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Paul Banks/Homer Elementary School
  • Homer Middle School
  • Homer High School

Additional Features

  • Deck
  • Baseboard Heating

Home Details

Home Type

Single Family

Est. Annual Taxes

$862

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.18
  • Road Surface Type: Gravel
  • Directions: From East End Road, Rochelle Road to Shannon, left on Shannon, second drive on left; look for Real Estate Signs.
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: B & B Potential, Single Family Res
  • Year Built: 1981
  • ResoPropertyType: Residential
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet
  • Interior Amenities: BR/BA on Main Level
  • Living Area: 1872

Exterior Features

  • Lot Features: Covenant/Restriction, City Lot, Landscaped, Corner Lot, Views
  • Topography: Level
  • View: Mountain(s), Partial
  • View: Yes
  • Waterfront Features: None, No Access
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Private Yard
  • Foundation Details: Slab
  • Patio And Porch Features: Deck/Patio
  • Property Condition: Existing Structure
  • Roof: Asphalt, Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage, No Carport

Utilities

  • Laundry Features: Washer &/Or Dryer Hookup
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • Elementary School: Paul Banks/Homer
  • High School: Homer
  • Middle Or Junior School: Homer

Lot Info

  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7840.8
  • Mobile Dim Units: Feet
  • Zoning Description: Rural Residential
  • Zoning: RR
  • ResoLotSizeUnits: SquareFeet

Green Features

Multi Family

Tax Info

  • Tax Map Number: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2013
Closed on
Jul 29, 2013
Sold by
Perk Chris L
Bought by
Brahm Ronald Edward and Brahm Deborah Martha
Seller's Agent
Christopher Story
Story Real Estate
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Total Days on Market
46
Current Estimated Value
$352,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,033
Avg. Annual Appreciation
5.59%
Original Mortgage
$138,750
Outstanding Balance
$38,217
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$313,816

Purchase Details

Closed on
Sep 24, 2008
Sold by
Patton Clifford A
Bought by
Perk Chris L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

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

Similar Homes in Homer, AK

  • 2085 Jakes Little Fireweed Ln, Homer, AK 99603

    $334,900

    • 4 Beds
    • 3 Baths
    • 2,700 Sq Ft
    • 2085 Jakes Little Fireweed Ln
    • Homer, AK

    **UNOBSTRUCTED VIEWS of Kachemak Bay** Close to downtown Homer. Multi-level home. Light & bright, open kitchen/living area overlooking the bay w/vaulted ceilings & wood stove. Second Kitchen downstairs for guests or potential additional living unit. Bonus/loft space on upper level. Do not miss out on this great opportunity! Please make an appointment with a Real Estate Agent/Broker to view today!

    Barbara Huntley Keller Williams Realty Alaska Group

    Section Image
  • 1590 Cantrell Creek Rd, Homer, AK 99603

    $435,000

    • 3 Beds
    • 2 Baths
    • 1,312 Sq Ft
    • 1590 Cantrell Creek Rd
    • Homer, AK

    Brand-New Luxury Ranch Home Minutes from Downtown HomerDiscover the perfect blend of luxury, comfort, and convenience in this stunning new construction ranch-style home, ideally located just minutes from downtown Homer. Nestled in a brand-new subdivision with effortless access to the scenic Calvin Coyle Trail, this property offers the best of serene living with proximity to all amenities.This

    Gina Pelaia Berkshire Hathaway HomeServices Alaska Realty

    Section Image
  • 51405 Mossberry Ave, Homer, AK 99603

    $365,000

    • 2 Beds
    • 1 Bath
    • 1,571 Sq Ft
    • 51405 Mossberry Ave
    • Homer, AK

    Welcome to your perfect retreat! Charming 2-bedroom, 1-bathroom home is nestled on 4.78 private, mountain-top acres--an ideal escape from the everyday hustle. Tucked away in total seclusion, it offers breathtaking mountain views and peaceful surroundings. The freshly painted exterior adds a touch of curb appeal, while the cozy interior includes an upstairs bonus space could be potential 3rd bdrm.

    Gina Pelaia Berkshire Hathaway HomeServices Alaska Realty

    Section Image
  • 4698 Rochelle Rd, Homer, AK 99603

    $296,000

    • 2 Beds
    • 1 Bath
    • 784 Sq Ft
    • 4698 Rochelle Rd
    • Homer, AK

    Charming 2-Bedroom Home in Homer City your Ideal Retreat! This cozy and updated single-family home in the heart of Homer City offers the perfect blend of comfort & convenience. Whether you're relaxing in your private yard or enjoying the peaceful interior, this home provides a great space to unwind. The home features two comfortable bedrooms and a detached garage for additional storage &

    Joleen Brooks Berkshire Hathaway HomeServices Alaska Realty

    Section Image
  • 4605 Early Spring St, Homer, AK 99603

    $320,000

    • 4 Beds
    • 2 Baths
    • 1,326 Sq Ft
    • 4605 Early Spring St
    • Homer, AK

    New Roof is complete! The big to-do's are done and this 1300 sq ft, 4-bed, 2-bath split level is waiting for your handyman skill to make it shine! Nestled in a vibrant family-friendly neighborhood, it's ideally located near schools, parks, and the bike path. With city water and sewer, a natural gas boiler and a desirable corner lot, this house has all the potential to become your dream home

    Susannah Webster Red Knot Real Estate

    Section Image
  • 4896 Clover Ln, Homer, AK 99603

    $425,000

    • 3 Beds
    • 3 Baths
    • 1,264 Sq Ft
    • 4896 Clover Ln
    • Homer, AK

    Investment Opportunity - Live in One, Rent the Other! This versatile property includes two separate living spaces on city utilities, offering flexibility and income potential. The 884 sq ft main home features 2 bedrooms, 2 bathrooms, an open kitchen and living area, a carport, and a large crawlspace for extra storage.The 380 sq ft detached 1 bed, 1 bath cottage is currently used as an office.

    Valerie Buss Kachemak Keller Williams Realty Alaska Group

    Section Image
  • 1535 Cantrell Creek Rd, Homer, AK 99603

    $435,000

    • 3 Beds
    • 2 Baths
    • 1,224 Sq Ft
    • 1535 Cantrell Creek Rd
    • Homer, AK

    Luxury Meets Possibility - New Construction in Prime Homer LocationExperience the best of modern living in this stunning new construction ranch-style home, currently under construction and ideally located just minutes from downtown Homer. Situated in a newly developed subdivision with direct access to the scenic Calvin Coyle Trail. The photos represent a previous build of this floor plan.This

    Joleen Brooks Berkshire Hathaway HomeServices Alaska Realty

    Section Image
  • 963 Nelson Ave, Homer, AK 99603

    $432,000

    • 3 Beds
    • 1 Bath
    • 960 Sq Ft
    • 963 Nelson Ave
    • Homer, AK

    Discover comfort and convenience in this newly built, single-level home, ideally located in a quiet neighborhood near schools and downtown shopping. Featuring three bedrooms, one full bath, and an attached garage, this home offers easy living with a modern design. Enjoy the cozy comfort of in-floor heating perfect for Alaska winters. Fresh and move-in ready, this home is waiting for you!

    Amanda Miotke Story Real Estate

    Section Image
  • 4266 Shirley Ct, Homer, AK 99603

    $375,000

    • 2 Beds
    • 1 Bath
    • 864 Sq Ft
    • 4266 Shirley Ct
    • Homer, AK

    Economical and a turnkey remodel, this is the home you've been waiting for! Newly upgraded to Natural Gas, and entirely redone from top to bottom; roof, carport, all-new appliances, flooring, kitchen, bathroom, foundation- the hard work is done! Perfect for a first home, or to add to your rental portfolio. Location, location!More Photos Coming Soon!

    Ana Reid Story Real Estate

    Section Image
See All Homes in Homer

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
Brahm Ronald Edward -- First American Title Ins Co
Perk Chris L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brahm Ronald Edward $138,750
Previous Owner Park Chris L $142,500
Previous Owner Perk Chris L $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2013 08/02/13 Sold -- -- --
05/22/2013 05/22/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $189,000 -- $101 / Sq Ft
Source: Alaska Multiple Listing Service

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
2024 $862 $281,400 $45,800 $235,600
2023 $588 $228,300 $40,500 $187,800
2022 $582 $224,000 $33,900 $190,100
2021 $566 $217,500 $33,000 $184,500
2020 $570 $219,400 $32,700 $186,700
2019 $300 $225,600 $32,700 $192,900
2018 $566 $218,500 $32,700 $185,800
2017 $2,052 $181,600 $27,900 $153,700
2016 $1,771 $156,700 $30,200 $126,500
2015 $1,478 $165,500 $30,200 $135,300
2014 $1,478 $152,600 $30,200 $122,400
Source: Public Records

Agents Affiliated with this Home

  • Christopher Story

    Seller's Agent in 2013

    Christopher Story

    Story Real Estate

    (907) 299-7653

    92 in this area

    153 Total Sales

    Christopher Story
    Section Image
See All Agents

Map

Source: Alaska Multiple Listing Service

MLS Number: 13-4326

Alaska Multiple Listing Service

APN: 179-380-07

Alaska Kenai Peninsula Borough Homer 99603

2040 Shannon Ln, Homer, AK

Homes for Sale in Homer, AK

This home is located at 2040 Shannon Ln, Homer, AK 99603 since 05 April 2013 and is currently estimated at $352,033, approximately $188 per square foot. This property was built in 1981. 2040 Shannon Ln is a home located in Kenai Peninsula Borough with nearby schools including Paul Banks Elementary School, West Homer Elementary School, and Homer Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Alaska Multiple Listing Service The listing content relating to real estate for sale on this web site comes in part from the IDX Program of Alaska Multiple Listing Service, Inc. (AK MLS). Real estate listings held by brokerage firms other than Ten-X are marked with either the listing brokerage’s logo or the AK MLS logo and information about them includes the name of the listing brokerage. All information is deemed reliable but is not guaranteed and should be independently verified for accuracy. Copyright 2025 Alaska Multiple Listing Service, Inc. All rights reserved.

Nearby Homes