NOT LISTED FOR SALE

109 Monarch Way Cary, NC 27518

Lochmere Neighborhood

Estimated Value: $981,345 - $1,226,000

5 Beds
4 Baths
3,884 Sq Ft
$291/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $1,180,000 $304 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,813/month

16 Days on Market

Highlights

  • Lap Pool
  • Fishing
  • Clubhouse
  • Swift Creek Elementary School Rated A-
  • Community Lake
  • Deck

About This Home

As of July 2024

QUIET LUXURY throughout this home-- when entertaining, working, relaxing -- all in Cary's desirable Lochmere Birkhaven. IMPECCABLY RENOVATED & lovingly cared for. Beautiful true HARDWOOD FLOORS throughout, including IN EACH OF THE 5 BEDROOMS. Spacious deck & screened porch overlook the flat, easily cared for, BEAUTIFUL, PRIVATE yard.
*Exceptional Lochmere neighborhood with 3 pools (swim team), tennis (professional staff), pickleball courts, lakes (one w/ running/walking trail & one w/small boat craft dock), playgrounds, frisbee golfcourse & over 10miles of neighborhood trails throughout Lochmere. HOA pathway leads to 23 acre Swift Creek Nature Preserve (owned by TriangleLand Conservancy w/ trails winding through Beech tree groves & along Swift Creek); *HOA path & sidewalks reach coffee shop, Whole Foods, restaurants, Waverly concerts, Jack Smith playground & dog park, even reaching Koka Booth amphitheatre & Lochmere semiprivate golf course. Within minutes drive/walk of Town of Cary's Ritter Park playground, Hemlock Bluffs & downtown Cary

Last Agent to Sell the Property

Sharon Gupton

Compass -- Cary License #94822 Listed on: 06/07/2024

Compass -- Cary

Last Buyer's Agent

Britney Kensmoe

Coldwell Banker HPW License #307315

Coldwell Banker HPW

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,706

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 0.49 Acre Lot
  • North Facing Home
  • Level Lot
  • Irrigation Equipment
  • Front and Back Yard Sprinklers
  • Landscaped with Trees
  • Back Yard

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Transitional Architecture
  • Traditional Architecture
  • Brick Veneer
  • Shingle Roof
  • Masonite

Interior Spaces

  • 3,884 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bookcases
  • Crown Molding
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Breakfast Room
  • Dining Room
  • Bonus Room
  • Screened Porch
  • Garden Views
  • Home Security System
  • Washer and Dryer

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dressing Area
  • 4 Full Bathrooms
  • Double Vanity
  • Walk-in Shower

Attic

  • Permanent Attic Stairs
  • Finished Attic

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Kitchen

Pool

  • Lap Pool
  • Outdoor Pool
  • Diving Board

Outdoor Features

  • Deck

Schools

  • Swift Creek Elementary School
  • Dillard Middle School
  • Athens Dr High School

Utilities

  • Dehumidifier
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 0771057381

Community Details

Overview

  • Lochmere HOA, Phone Number (919) 233-7640
  • Lochmere Subdivision
  • Community Lake
  • Pond Year Round

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Fishing
  • Park
  • Jogging Path
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,706

Year Built

Built in 1992 | Remodeled

Lot Details

0

HOA Fees

$63 per month

Parking

2

Listing Details

  • Year Built: 1992
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Reso Association Fee Includes: None
  • Subdivision Name: Lochmere
  • Above Grade Finished Sq Ft: 3884.0
  • Architectural Style: Traditional, Transitional
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • General Property Information Association Fee Required YN: Yes
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Architectural Style Transitional: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Sewer:Public Sewer: Yes
  • Structure Type Site Built: Yes
  • Water Source Public: Yes
  • Cooling:Electric: Yes
  • Flooring Hardwood: Yes
  • Lot Features Hardwood Trees: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Second
  • Room Types Bedroom 4 Level: Second
  • Room Types Bonus Room: Yes
  • Room Types Dining Room2: Yes
  • Room Types Family Room2: Yes
  • Architectural Style Traditional: Yes
  • Room Types Primary Bedroom Level: Second
  • Appliances Refrigerators: Yes
  • Room Types Living Room2: Yes
  • Room Types Breakfast Room: Yes
  • Security Features Security System: Yes
  • General Property Information Association Phone: 919-233-7640
  • Levels Three Or More: Yes
  • Interior Features Dressing Room: Yes
  • General Property Information Enhanced Accessible2: No
  • Other Equipment Irrigation Equipment: Yes
  • General Property Information Monthly Association Fees2: 62.75
  • Roof:Shingle: Yes
  • Room Types Entrance Hall: Yes
  • Pool Features Private4: Yes
  • General Property Information Above Grade Finished Area: 3884.0
  • Utilities Electricity Connected: Yes
  • Utilities Natural Gas Connected: Yes
  • Property Condition UpdatedRemodeled: Yes
  • View Garden3: Yes
  • Other Equipment Dehumidifier: Yes
  • General Property Information Lot Size Square Feet2: 21344.4
  • General Property Information Lot Size Acres: 0.49
  • Pool Features Lap: Yes
  • Pool Features Diving Board: Yes
  • General Property Information Direction Faces: North
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Hardwood, Tile
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Crown Molding, Double Vanity, Dressing Room, Kitchen Island, Pantry, Tray Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Appliances: Dishwasher, Disposal, Electric Cooktop, Refrigerator, Self Cleaning Oven, Washer/Dryer, Wine Cooler
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Gas Log
  • Fireplaces: 1
  • Main Level Bathrooms: 1
  • Total Bedrooms: 13
  • Appliances Dishwasher: Yes
  • Community Features:Playground2: Yes
  • Community Features:Pool2: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Walk-In Shower: Yes
  • Community Features:Street Lights: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace Features:Gas4: Yes
  • Interior Features:Bookcases: Yes
  • Attic Features:Permanent Stairs: Yes
  • Attic Features:Finished2: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Sidewalks: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Crown Molding: Yes
  • Appliances:WasherDryer: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Kitchen Island: Yes
  • Community Features:Clubhouse2: Yes
  • Community Features:Lake: Yes
  • Community Features:Park2: Yes
  • Pool Features:Community: Yes
  • Community Features:Fishing: Yes
  • Appliances:Wine Cooler: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.49
  • Construction Type: Brick Veneer, Masonite
  • Direction Faces: North
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck, Screened
  • Lot Features:Landscaped: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Deck2: Yes
  • Construction Materials:Brick Veneer: Yes
  • Construction Materials:Masonite: Yes
  • Lot Features:Level: Yes
  • Lot Features:Back Yard2: Yes
  • Accessibility Features:Accessible Bedroom: Yes
  • Accessibility Features:Accessible Central Living Area: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Accessibility Features:Accessible Kitchen: Yes
  • Pool Features:Outdoor Pool: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Open Parking: No
  • Parking Features: Attached, Driveway, Garage
  • Total Parking Spaces: 7.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Driveway: Yes
  • General Property Information:Garage Spaces: 2.0
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Parking Total: 7.0
  • General Property Information:Open Parking YN2: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Dual, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Fishing, Lake, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 753.0
  • Association Fee Frequency: Annually
  • Association Name: Lochmere HOA
  • Phone: 919-233-7640
  • Association: Yes

Association/Amenities

  • General Property Information:Association Name: Lochmere HOA
  • Association Amenities:Pool: Yes
  • Association Amenities:Trail(s): Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Recreation Facilities: Yes
  • Association Amenities:Playground: Yes
  • Pool Features:Association: Yes
  • Association Amenities:Pond Year Round: Yes
  • Association Amenities:Park: Yes
  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 753.0
  • Association Amenities:Jogging Path: Yes
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Ninth Grade High School: Wake - Athens Dr
  • Middle Or Junior School: Wake - Dillard

Lot Info

  • Lot Size Sq Ft: 21344.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 0771057381

Tax Info

  • Tax Annual Amount: 5706.0
  • Tax Year: 2023
  • Tax Map Number: plat book 1991, page 775;

MLS Schools

  • Elementary School: Wake - Swift Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 26, 2024
Sold by
Ayers Alan R and Ayers Sharon R
Bought by
Freuler Aaron T and Ware Merritt E
Seller's Agent
Sharon Gupton
Compass -- Cary
Buyer's Agent
Britney Kensmoe
Coldwell Banker HPW
List Price
$1,200,000
Sold Price
$1,180,000
Premium/Discount to List
-$20,000
-1.67%
Views
45
Current Estimated Value
$1,131,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,914
Avg. Annual Appreciation
-3.92%
Original Mortgage
$1,218,940
Outstanding Balance
$1,206,438
Interest Rate
6.95%
Mortgage Type
VA
Estimated Equity
-$75,352

Purchase Details

Closed on
Jun 26, 2001
Sold by
Martin Melissa A and Lunt Peter
Bought by
Ayers Alan R and Ayers Sharon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,800
Interest Rate
5.75%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Freuler Aaron T $1,180,000 None Listed On Document
Ayers Alan R $396,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freuler Aaron T $1,218,940
Previous Owner Ayers Alan R $150,000
Previous Owner Ayers Alan R $75,000
Previous Owner Ayers Alan R $176,500
Previous Owner Ayers Alan R $50,000
Previous Owner Ayers Alan R $316,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $1,180,000 -1.7% $304 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $1,200,000 -- $309 / Sq Ft
Source: Doorify MLS

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 $7,045 $837,845 $280,000 $557,845
2023 $5,706 $567,464 $118,000 $449,464
2022 $5,493 $567,464 $118,000 $449,464
2021 $5,383 $567,464 $118,000 $449,464
2020 $5,411 $567,464 $118,000 $449,464
2019 $5,188 $482,661 $118,000 $364,661
2018 $4,868 $482,661 $118,000 $364,661
2017 $4,678 $482,661 $118,000 $364,661
2016 $4,608 $482,661 $118,000 $364,661
2015 $4,802 $485,755 $125,000 $360,755
2014 $4,528 $485,755 $125,000 $360,755
Source: Public Records

Agents Affiliated with this Home

  • Sharon Gupton

    Seller's Agent in 2024

    Sharon Gupton

    Compass -- Cary

    (919) 306-0888

    9 in this area

    55 Total Sales

    Section Image
  • Britney Kensmoe

    Buyer's Agent in 2024

    Britney Kensmoe

    Coldwell Banker HPW

    (919) 335-5285

    1 in this area

    138 Total Sales

    Section Image
See All Agents

Map

Source: Doorify MLS

MLS Number: 10034091

Doorify MLS

APN: 0771.01-05-7381-000

North Carolina Wake County Cary 27518 Lochmere

109 Monarch Way, Cary, NC

This home is located at 109 Monarch Way, Cary, NC 27518 since 07 June 2024 and is currently estimated at $1,131,086, approximately $291 per square foot. This property was built in 1992. 109 Monarch Way is a home located in Wake County with nearby schools including Swift Creek Elementary School, Dillard Drive Magnet Middle School, and Resurrection Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Doorify MLS Some IDX listings have been excluded from this IDX display. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS, Inc. of North Carolina, Internet Data Exchange Database. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Copyright 2025 Doorify MLS, Inc. of North Carolina. All rights reserved.

Nearby Homes