NOT LISTED FOR SALE

1032 Ellington Downs Way Monroe, NC 28110

Estimated Value: $485,000 - $519,890

3 Beds
2.5 Baths
2,200 Sq Ft
$228/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $340,000 $155 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,906/month

13 Days on Market

Highlights

  • Community Cabanas
  • Wood Flooring
  • Community Playground
  • Wesley Chapel Elementary School Rated A
  • Attached Garage
  • 1-Story Property

About This Home

As of December 2020

Want brand new without waiting to build? HERE YA GO! Popular ranch plan on low maintenance corner lot in highly sought after Ellington Downs! Top rated union county schools! Fully equipped with high end finishes including farm house sink, 5" hickory flooring, quartz countertops, tile backsplash, SS appliances, gas cooktop with wall oven and more! This home includes a flex room, perfect for office or additional sitting room, and an enclosed sunroom off the breakfast area which means even more light and space for entertaining! This open concept floor plan is completely move in ready with fresh paint and bright white ceilings, plush carpet, and a showstopper kitchen with oversized island and linen white cabinets! Meritage built in 2019 with the latest energy efficient technology! You won't want to miss this one!

Last Agent to Sell the Property

Chesson Seagroves

Coldwell Banker Realty License #279022 Listed on: 10/22/2020

Coldwell Banker Realty

Last Buyer's Agent

Kevin Zhang

Keller Williams Select License #321201

Keller Williams Select

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 0.3

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Spray Foam Insulation

Interior Spaces

  • 1-Story Property
  • Insulated Windows

Flooring

  • Wood
  • Carpet
  • Tile

Community Details

  • Community Playground
  • Community Cabanas
  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 06-003-169

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Ratio Close Price By List Price: 0.94444
  • Ratio Close Price By Original Li: 0.94444
  • Ratio Current Price By Acre: 1133333.33
  • Ratio Current Price By Sq Ft: 154.55
  • Year Built: 2019
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Foundation Details: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Cable Prewire, Cooktop Gas, Microwave, Wall Oven
  • Flooring: Carpet, Tile, Wood
  • Laundry Location: Main, Laundry Room
  • Room Count: 1
  • Main Level Sq Ft: 2200
  • Total Sq Ft: 2200

Exterior Features

  • Construction: Fiber Cement, Stone Veneer
  • Construction Type: Site Built

Garage/Parking

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

Utilities

  • Green Building Features: g-Spray Foam Insulation
  • Heating: Central Air, Gas Hot Air Furnace
  • Sewer: County Sewer
  • Water: County Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Community Features: Cabana, Outdoor Pool, Playground

Lot Info

  • Parcel Number: 06-003-169
  • Zoning Specification: R

Tax Info

  • Tax Value: 52000.00
  • Tax Location: Monroe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Dec 16, 2020
Sold by
Croft Michael Edmund and Croft Tamara Renee
Bought by
Na Qiyuan and Chen Xuejun
Seller's Agent
Chesson Seagroves
Coldwell Banker Realty
Buyer's Agent
Kevin Zhang
Keller Williams Select
List Price
$360,000
Sold Price
$340,000
Premium/Discount to List
-$20,000
-5.56%
Current Estimated Value
$521,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,387
Avg. Annual Appreciation
7.93%
Original Mortgage
$272,000
Outstanding Balance
$241,043
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$261,402

Purchase Details

Closed on
Nov 20, 2019
Sold by
Meritage Homes Of The Carolinas Inc
Bought by
Croft Michael Edmund and Croft Tamara Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,925
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Dec 20, 2018
Sold by
Mrec Weddington 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
Na Qiyuan $340,000 None Available
Croft Michael Edmund $323,000 None Available
Meritage Homes Of The Carolinas Inc $428,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Na Qiyuan $272,000
Previous Owner Croft Michael Edmund $242,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2020 12/17/20 Sold $340,000 -5.6% $155 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $360,000 -- $164 / 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 $2,382 $512,700 $0 $0
2024 $2,065 $328,900 $87,000 $241,900
2023 $2,057 $328,900 $87,000 $241,900
2022 $2,057 $328,900 $87,000 $241,900
2021 $2,053 $328,900 $87,000 $241,900
2020 $1,903 $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: CAR3675424

Canopy MLS (Canopy Realtor® Association)

APN: 06-003-169