NOT LISTED FOR SALE

1023 Ellington Downs Way Monroe, NC 28110

Estimated Value: $484,000 - $485,958

3 Beds
2 Baths
1,691 Sq Ft
$287/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $294,000 $174 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,910/month

31 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Engineered Wood Flooring
  • Wesley Chapel Elementary School Rated A
  • Ranch Style House
  • Community Pool

About This Home

As of December 2019

Brand NEW energy-efficient home ready Dec-Jan 2020! Washer, dryer, blinds, refrigerator included. Enjoy happy hour on the Camden’s covered back patio. Inside, the sprawling kitchen island overlooks the family room with optional fireplace. In the owner’s suite, dual sinks and a walk-in closet simplify busy mornings. Ellington Downs private community amenities will include a resort-style swimming pool with cabana and playground. Known for our 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

Brian Stickley

Southern Way Homes Realty, LLC License #225660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,941

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 8,712

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Advanced Framing
  • Spray Foam Insulation
  • Hardboard

Interior Spaces

  • Open Floorplan
  • Insulated Windows
  • Engineered Wood Flooring
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

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
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 06003196

Community Details

Overview

  • Kuester Management Association, Phone Number (704) 552-1008
  • Built by Meritage Homes
  • Ellington Downs Subdivision, Camden Floorplan
  • Mandatory home owners association

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,941

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$62 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 2019
  • Special Assessment Yn: 0
  • Proposed Completion Date: 2020-01-31
  • Road Surface Type: Concrete
  • Unit Levels: One
  • Property Attached Yn: No
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 173.86
  • Attribution Contact: contact.charlotte@meritagehomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Slab
  • Fireplace: No
  • 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: 1691
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 434
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 434
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 0
  • Appliances: Electric Water Heater, Gas Oven, Gas Range
  • Above Grade Finished Sq Ft: 1691
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1691
  • Window Features: Insulated Window(s)
  • Bedroom Main: 3
  • Room Count: 8
  • 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
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, 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 Management
  • Phone: 704-552-1008
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Schools

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

Lot Info

  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Parcel Number: 06003196
  • Development Status: Under Construction
  • Lot Size Acres: 0.2
  • Lot Size Sq Ft: 8712
  • 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
Dec 16, 2019
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Aughtry Pamela Browning and Aughtry Richard Harper
Seller's Agent
Jimmy McClurg
Meritage Homes of the Carolinas
Buyer's Agent
Brian Stickley
Southern Way Homes Realty, LLC
List Price
$327,900
Sold Price
$294,000
Premium/Discount to List
-$33,900
-10.34%
Current Estimated Value
$484,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,979
Avg. Annual Appreciation
9.33%
Original Mortgage
$235,000
Outstanding Balance
$209,779
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$275,200

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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Average Value
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List Price
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
Aughtry Pamela Browning $294,000 None Available
Meritage Homes Of The Carolinas Inc $1,235,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aughtry Pamela Browning $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $294,000 -2.0% $174 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
10/03/2019 10/03/19 Price Changed $299,900 -8.5% $177 / Sq Ft
09/27/2019 09/27/19 For Sale $327,900 -- $194 / 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 $1,941 $309,100 $87,000 $222,100
2023 $1,933 $309,100 $87,000 $222,100
2022 $1,933 $309,100 $87,000 $222,100
2021 $1,929 $309,100 $87,000 $222,100
2020 $1,772 $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: 3554624

Canopy MLS (Canopy Realtor® Association)

APN: 06-003-196