NOT LISTED FOR SALE

1011 Ellington Downs Way Monroe, NC 28110

Estimated Value: $552,000 - $564,495

4 Beds
2.5 Baths
2,559 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $342,500 $134 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,172/month

136 Days on Market

Highlights

  • New Construction
  • Open Floorplan
  • Engineered Wood Flooring
  • Wesley Chapel Elementary School Rated A
  • Transitional Architecture
  • Community Pool

About This Home

As of March 2020

Brand NEW energy-efficient home ready NOW! Outfit the Dalton’s main-level flex space as a home office and skip your commute. In the kitchen, the island overlooks the open living space. Upstairs, the loft separates the secondary bedrooms from the owner’s suite. Private community amenities include a resort-style swimming pool with cabana & playground. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.

Last Agent to Sell the Property

Jimmy McClurg

Meritage Homes of the Carolinas Brokerage Email: contact.charlotte@meritagehomes.com License #263639 Listed on: 09/27/2019

Co-Listed By

Jebbie Zulka

Meritage Homes of the Carolinas Brokerage Email: contact.charlotte@meritagehomes.com License #89487

Last Buyer's Agent

Ricky Nichols

Cross Keys LLC License #315973

Cross Keys LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,199

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.3

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Advanced Framing
  • Spray Foam Insulation
  • Hardboard

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Engineered Wood Flooring
  • Pull Down Stairs to Attic
  • Carbon Monoxide Detectors
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Eco-Friendly Details

  • No or Low VOC Paint or Finish
  • Fresh Air Ventilation System

Schools

  • Wesley Chapel Elementary School
  • Weddington Middle School
  • Weddington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Front Porch
  • 0.3 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 06003199

Community Details

Overview

  • Kuester Association, Phone Number (704) 522-1008
  • Built by Meritage Homes
  • Ellington Downs Subdivision, Dalton Floorplan
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,199

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$62 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Transitional
  • Year Built: 2019
  • Proposed Completion Date: 2019-12-31
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 133.84
  • Attribution Contact: contact.charlotte@meritagehomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Other - See Remarks
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Kitchen Island, Open Floorplan, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1158
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1401
  • Appliances: Electric Water Heater, Gas Oven, Gas Range
  • Above Grade Finished Sq Ft: 2559
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas Log
  • Living Area: 2559
  • Window Features: Insulated Window(s)
  • Bedroom Main: 0
  • Room Count: 9
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Front Porch

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 464
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage

Utilities

  • Heating: Forced Air, Fresh Air Ventilation, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground, Sidewalks
  • Association Fee: 62
  • Association Fee Frequency: Monthly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Kuester
  • Phone: 704-522-1008
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

  • Middle Or Junior School: Weddington
  • HOA Subject To: Required

Lot Info

  • Lot Size Area: 0.3
  • Lot Size Units: Acres
  • Parcel Number: 06003199
  • Development Status: Completed
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Sustainability: Advanced Framing, Engineered Wood Products, Low VOC Coatings, Spray Foam Insulation

Building Info

  • Builder Name: Meritage Homes

MLS Schools

  • Elementary School: Wesley Chapel
  • High School: Weddington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2019
Closed on
Mar 19, 2020
Sold by
Meritage Homes Of Carolinas Inc
Bought by
Stanciu Nicholas and Stanciu Jacqueline
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
Ricky Nichols
Cross Keys LLC
List Price
$369,900
Sold Price
$342,500
Premium/Discount to List
-$27,400
-7.41%
Current Estimated Value
$558,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,748
Avg. Annual Appreciation
9.10%
Original Mortgage
$274,000
Outstanding Balance
$242,203
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$316,045

Purchase Details

Closed on
Feb 19, 2019
Sold by
Mrec Weddington Creek Llc
Bought by
Meritage Homes Of The Carolinas Inc
Source: Public Records

Range of Values:

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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
Stanciu Nicholas $342,500 None Available
Meritage Homes Of The Carolinas Inc $1,235,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanciu Nicholas $274,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2020 03/19/20 Sold $342,500 -5.6% $134 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/27/2020 01/27/20 Price Changed $362,900 +0.7% $142 / Sq Ft
01/20/2020 01/20/20 Price Changed $360,400 -0.7% $141 / Sq Ft
12/17/2019 12/17/19 Price Changed $362,900 +0.3% $142 / Sq Ft
12/10/2019 12/10/19 Price Changed $361,900 +1.1% $141 / Sq Ft
12/03/2019 12/03/19 Price Changed $357,900 -0.3% $140 / Sq Ft
11/19/2019 11/19/19 Price Changed $358,900 -0.3% $140 / Sq Ft
10/29/2019 10/29/19 Price Changed $359,900 -0.7% $141 / Sq Ft
10/14/2019 10/14/19 Price Changed $362,400 -2.0% $142 / Sq Ft
09/27/2019 09/27/19 For Sale $369,900 -- $145 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

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 $2,199 $350,300 $87,000 $263,300
2023 $2,191 $350,300 $87,000 $263,300
2022 $2,191 $350,300 $87,000 $263,300
2021 $2,186 $350,300 $87,000 $263,300
2020 $2,086 $52,000 $52,000 $0
2019 $398 $52,000 $52,000 $0
2018 $398 $52,000 $52,000 $0
2017 $421 $52,000 $52,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3554355

Canopy MLS (Canopy Realtor® Association)

APN: 06-003-199