NOT LISTED FOR SALE

1012 Ellington Downs Way Monroe, NC 28110

Estimated Value: $628,000 - $723,000

4 Beds
3.5 Baths
3,235 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $510,000 $158 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,751/month

3 Days on Market

Highlights

  • Open Floorplan
  • Transitional Architecture
  • Mud Room
  • Wesley Chapel Elementary School Rated A
  • Wood Flooring
  • Community Pool

About This Home

As of February 2021

Amazing location within the sought after Weddington school district and amenity filled community of Ellington Downs. Former Meritage model home offers an open floor plan, green features, and custom finishes through out. Whether you are looking for a chef's kitchen, entertaining space, or master on main, the Thornhill model has you covered. Oversized island, stainless steel farmhouse sink, gas cooktop, walk in pantry make meal prep simple, all while over looking the family room complete with builtins, surround sound and gas fire place. Retreat to the owner's oasis with sitting area and porch access, double tray ceilings, spa like bathroom featuring his & her closets, river rock/tile shower and separate vanities. 3 sizeable bedrooms are located upstairs with 2 full baths that are anything but ordinary featuring oversized tubs, granite countertops, & custom tile work! Round out your tour with the screened in porch, extended patio AND driveway, gas stub for grill and large backyard space!

Last Agent to Sell the Property

Elijah Pitman

Jason Mitchell Real Estate License #91292 Listed on: 01/07/2021

Jason Mitchell Real Estate

Last Buyer's Agent

Julio A Suárez

Miranda Realty License #315671

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • Irrigation
  • Many Trees

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Transitional Architecture
  • Slab Foundation
  • Spray Foam Insulation

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Tray Ceiling
  • Gas Log Fireplace
  • Window Treatments
  • Mud Room
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Walk-In Closet

Utilities

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06-003-164

Community Details

Overview

  • Kuester Management Association, Phone Number (704) 552-1008
  • Built by Meritage

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 2 Story
  • Architectural Style: Transitional
  • Ratio Close Price By List Price: 1.02020
  • Ratio Close Price By Original Li: 1.02020
  • Ratio Current Price By Acre: 1457142.86
  • Ratio Current Price By Sq Ft: 157.65
  • Year Built: 2017
  • Special Features: None
  • Stories: 2

Interior Features

  • Foundation Details: Slab
  • Upper Level Sq Ft: 1219
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Total Bedrooms: 4
  • Equipment: Cable Prewire, Ceiling Fan(s), Cooktop Gas, Dishwasher, Disposal, g-Dual Flush Toilets, g-Energy Star® Dishwasher, g-Energy Star® Light Fixtures, Gas Oven, Microwave, Natural Gas, Wall Oven
  • Fireplace Description: FAMILYRM, Gas Logs
  • Fireplace: Yes
  • Fixture Exception Description: Safe in master closet is bolted to floor, does not convey
  • Fixture Exception Yn: Yes
  • Flooring: Carpet, Tile, Wood
  • H O A Management Phone: 704-552-1008
  • Interior Amenities: Attic Stairs Pulldown, Built-Ins, Cable Available, Drop Zone, Kitchen Island, Open Floorplan, Pantry, Tray Ceiling, Walk-In Closet(s), Walk-In Pantry, Window Treatments
  • Laundry Location: Main, Laundry Room
  • Room Count: 2
  • Main Level Sq Ft: 2016
  • Total Sq Ft: 3235

Exterior Features

  • Construction: Hardboard Siding, Stone Veneer
  • Construction Type: Site Built
  • Exterior Features: In-Ground Irrigation

Garage/Parking

  • Driveway: Concrete
  • Parking: Attached Garage, Driveway, Garage - 2 Car, Garage Door Opener

Utilities

  • Green Building Features: g-Engineered Wood Products, g-Low VOC Coatings, g-Spray Foam Insulation
  • Heating: Central Air, Heat Pump - Heat, Multizone A/C
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Community Features: Outdoor Pool, Playground
  • Association Fee: 189.00
  • Association Fee Frequency: Quarterly
  • HOA Management Company: Kuester Management
  • Hoa Subject To Dues: Mandatory

Lot Info

  • Lot Features: Trees
  • Parcel Number: 06-003-164
  • Plat Reference Section Pages: 778
  • Zoning Specification: res

Building Info

  • Builder Name: Meritage

Tax Info

  • Tax Value: 311600.00
  • Tax Location: Monroe

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 11, 2021
Sold by
Stahl Angela R
Bought by
Gahlawat Sumit and Gahlawat Seema Khatri
Seller's Agent
Elijah Pitman
Jason Mitchell Real Estate
Buyer's Agent
Julio A Suárez
Miranda Realty
List Price
$499,900
Sold Price
$510,000
Premium/Discount to List
$10,100
2.02%
Current Estimated Value
$663,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,188
Avg. Annual Appreciation
5.46%
Original Mortgage
$438,225
Outstanding Balance
$403,089
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$260,099

Purchase Details

Closed on
Jun 20, 2019
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Stahl Angela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2016
Sold by
Mrec Weddjngton Creek Llc
Bought by
Meritage Homes Of The Carolinas Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Gahlawat Sumit $510,000 None Listed On Document
Stahl Angela R $450,000 None Available
Meritage Homes Of The Carolinas Inc $252,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gahlawat Sumit $438,225
Previous Owner Stahl Angela R $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2021 02/12/21 Sold $510,000 +2.0% $158 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $499,900 -- $155 / 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
2025 $2,923 $629,200 $0 $0
2024 $2,401 $382,400 $87,000 $295,400
2023 $2,392 $382,400 $87,000 $295,400
2022 $2,392 $382,400 $87,000 $295,400
2021 $2,387 $382,400 $87,000 $295,400
2020 $2,400 $311,600 $52,000 $259,600
2019 $2,388 $311,600 $52,000 $259,600
2018 $398 $311,600 $52,000 $259,600
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: CAR3695953

Canopy MLS (Canopy Realtor® Association)

APN: 06-003-164