NOT LISTED FOR SALE

1019 Ellington Downs Way Monroe, NC 28110

Estimated Value: $520,913 - $576,000

5 Beds
2.5 Baths
2,765 Sq Ft
$198/Sq Ft Est. Value

Last Sold November 21, 2019

Last sale price $319,000 $115 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,317/month

102 Days on Market

Highlights

  • Community Cabanas
  • New Construction
  • Arts and Crafts Architecture
  • Wesley Chapel Elementary School Rated A
  • Open Floorplan
  • Engineered Wood Flooring

About This Home

As of November 2019

Brand NEW energy-efficient home ready NOW! Sip your coffee from the Chastain's charming back patio. Inside, versatile flex spaces allow you to customize the main level to fit your needs. The impressive owner's suite boasts dual sinks and a large walk-in closet. Private community amenities include a resort-style swimming pool with cabana & playground. Known for their energy-efficient features, our homes will help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.

Last Listed By

Jimmy McClurg

Meritage Homes of the Carolinas Brokerage Email: contact.charlotte@meritagehomes.com License #263639 Listed on: 07/18/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,561

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 71x186
  • Cul-De-Sac

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Arts and Crafts Architecture
  • Slab Foundation
  • Advanced Framing
  • Spray Foam Insulation
  • Recycled Construction Materials

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Wired For Data
  • Gas Fireplace
  • Insulated Windows
  • Family Room with Fireplace
  • Pull Down Stairs to Attic
  • Dryer

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Engineered Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Flush Toilets
  • Low Flow Plumbing Fixtures

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights
  • No or Low VOC Paint or Finish
  • Fresh Air Ventilation System

Outdoor Features

  • Front Porch

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 06003197

Community Details

Overview

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

Recreation

  • Community Playground
  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,561

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Arts and Crafts
  • Year Built: 2019
  • Road Surface Type: Concrete, Paved
  • Unit Levels: Two
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 115.37
  • Attribution Contact: contact.charlotte@meritagehomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic Stairs Pulldown, Cable Prewire, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s), Walk-In Pantry
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1217
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 420
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 420
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 1548
  • Appliances: Dishwasher, Disposal, Dryer, Dual Flush Toilets, Electric Water Heater, ENERGY STAR Qualified Dishwasher, ENERGY STAR Qualified Light Fixtures, Exhaust Fan, Exhaust Hood, Gas Oven, Gas Range, Low Flow Fixtures, Microwave, Plumbed For Ice Maker, Wall Oven
  • Other Equipment: Network Ready
  • Above Grade Finished Sq Ft: 2765
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room, Gas Log, Gas Vented
  • Living Area: 2765
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 11
  • Sq Ft Other: 0

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Front Porch

Garage/Parking

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

Utilities

  • Heating: ENERGY STAR Qualified Equipment, Forced Air, Fresh Air Ventilation, Natural Gas
  • Sewer: Public Sewer
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Upper Level
  • Security: Carbon Monoxide Detector(s)
  • Cooling: Central Air
  • Utilities: Cable Available
  • Water Source: City

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Playground, Sidewalks, Street Lights
  • Association Fee: 189
  • Association Fee Frequency: Quarterly
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Kuester
  • Phone: 704-522-1008
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

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

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Area: 0.302
  • Lot Size Units: Acres
  • Parcel Number: 06003197
  • Development Status: Completed
  • Lot Size Acres: 0.302
  • Lot Size: 71x186
  • Lot Size Sq Ft: 13155
  • ResoLotSizeUnits: Acres
  • Zoning Specification: RES

Green Features

  • Green Sustainability: Advanced Framing, Engineered Wood Products, Low VOC Coatings, Recycled Materials, Spray Foam Insulation, XeriscapinDrought Resist. Plnts

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
Jul 18, 2019
Closed on
Nov 20, 2019
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Abbondanza Michael Anthony and Abbondanza Jamie Renee
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
Paula Sargent
RE/MAX Executive
List Price
$353,795
Sold Price
$319,000
Premium/Discount to List
-$34,795
-9.83%
Total Days on Market
102
Current Estimated Value
$548,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,457
Avg. Annual Appreciation
7.73%
Original Mortgage
$255,200
Outstanding Balance
$226,985
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$252,861

Purchase Details

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

Range of Values:

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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
Abbondanza Michael Anthony $319,000 None Available
Meritage Homes Of The Carolinas Inc $1,235,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abbondanza Michael Anthony $255,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $319,000 -3.3% $115 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/22/2019 10/22/19 Price Changed $329,900 -1.5% $119 / Sq Ft
10/14/2019 10/14/19 Price Changed $334,900 -4.3% $121 / Sq Ft
09/18/2019 09/18/19 Price Changed $349,900 -0.9% $127 / Sq Ft
07/23/2019 07/23/19 Price Changed $352,900 -0.3% $128 / Sq Ft
07/18/2019 07/18/19 For Sale $353,795 -- $128 / 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 $2,561 $408,000 $87,000 $321,000
2023 $2,552 $408,000 $87,000 $321,000
2022 $2,506 $400,600 $87,000 $313,600
2021 $2,340 $375,000 $87,000 $288,000
2020 $2,202 $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: 3531001

Canopy MLS (Canopy Realtor® Association)

APN: 06-003-197