104 Monarch Way Cary, NC 27518
Lochmere Neighborhood
4
Beds
3.5
Baths
4,148
Sq Ft
0.47
Acres
Highlights
- Boat Dock
- Lap Pool
- Community Lake
- Swift Creek Elementary School Rated A-
- Fishing
- Clubhouse
About This Home
As of October 2024This unique & spacious CONTEMPORARY Thomas Gipson home located in the highly sought after LOCHMERE BIRKHAVEN neighborhood is nestled on a
beautiful lot almost 1/2 acre. The home balances open areas & windows with many private rooms for everyday living. The front of the home has a beautiful entry way with a fountain & covered front porch. In the back, the decks span the length of the home overlooking an easily, cared-for private backyard. The home features 2 stone FIREPLACES (wood and gas), a second living room or home theater, a GYM, a breakfast nook, and rooms for multiple HOME OFFICES, arts & crafts or recreational equipment. Within a block of the home you'll find walking trails that connect to the 23-acre Swift Creek Nature Preserve & wind through Beech tree groves & along a Creek. The Lochmere neighborhood offers 3 pools (swim team), tennis courts (with professional staff), pickleball courts, lakes and playgrounds, a semi-private golf course, paths & sidewalks that reach a coffee shop, cinema, restaurants, and shops. The area boasts nationally recognized, private & public schools, universities, & hospitals, as well as a number of concert venues, sporting arenas, & performing arts theaters. From the serenity of this home & neighborhood, you can be in downtown Cary, Raleigh, RTP, or the airport in 15 to 20 minutes.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,315
Year Built
- Built in 1992
Lot Details
- 0.47 Acre Lot
- South Facing Home
- Gentle Sloping Lot
- Landscaped with Trees
- Garden
- Back and Front Yard
HOA Fees
- $63 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Private Driveway
Home Design
- Contemporary Architecture
- Transitional Architecture
- Slab Foundation
- Shingle Roof
- Vertical Siding
- Stone Veneer
- Cedar
Interior Spaces
- 3-Story Property
- Built-In Features
- Bookcases
- Cathedral Ceiling
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Entrance Foyer
- Family Room
- Breakfast Room
- Dining Room
- Home Office
- Recreation Room
- Bonus Room
- Home Gym
- Garden Views
Kitchen
- Self-Cleaning Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Walk-in Shower
Laundry
- Laundry Room
- Sink Near Laundry
Finished Basement
- Heated Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
- Laundry in Basement
- Basement Storage
- Natural lighting in basement
Accessible Home Design
- Accessible Full Bathroom
- Accessible Bedroom
- Accessible Kitchen
- Central Living Area
Pool
- Lap Pool
- Outdoor Pool
- Diving Board
Outdoor Features
- Deck
- Porch
Schools
- Swift Creek Elementary School
- L Dillard Middle School
- Athens Dr High School
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Connected
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number 0771057553
Community Details
Overview
- Association fees include ground maintenance
- Lochmere HOA, Phone Number (919) 233-7640
- Built by Thomas Gipson
- Lochmere Subdivision
- Maintained Community
- Community Lake
- Pond Year Round
Amenities
- Clubhouse
Recreation
- Boat Dock
- Tennis Courts
- Community Playground
- Community Pool
- Fishing
- Park
- Jogging Path
- Trails
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2024 10/01/24 | Sold | $900,000 | -3.7% | $217 / Sq Ft |
| 08/08/2024 08/08/24 | Pending | -- | -- | -- |
| 07/19/2024 07/19/24 | Price Changed | $935,000 | -6.5% | $225 / Sq Ft |
| 06/28/2024 06/28/24 | Price Changed | $1,000,000 | -1.5% | $241 / Sq Ft |
| 06/14/2024 06/14/24 | Price Changed | $1,015,000 | -5.6% | $245 / Sq Ft |
| 06/07/2024 06/07/24 | For Sale | $1,075,000 | -- | $259 / Sq Ft |
Source: Doorify MLS
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 | $7,669 | $912,194 | $280,000 | $632,194 |
| 2023 | $5,314 | $528,360 | $118,000 | $410,360 |
| 2022 | $5,116 | $528,360 | $118,000 | $410,360 |
| 2021 | $5,013 | $528,360 | $118,000 | $410,360 |
| 2020 | $5,039 | $528,360 | $118,000 | $410,360 |
| 2019 | $5,137 | $477,910 | $118,000 | $359,910 |
| 2018 | $4,820 | $477,910 | $118,000 | $359,910 |
| 2017 | $4,632 | $477,910 | $118,000 | $359,910 |
| 2016 | $4,563 | $477,910 | $118,000 | $359,910 |
| 2015 | $4,757 | $481,191 | $125,000 | $356,191 |
| 2014 | -- | $481,191 | $125,000 | $356,191 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional | |
| Previous Owner | $185,000 | New Conventional | |
| Previous Owner | $456,750 | VA | |
| Previous Owner | $280,000 | Unknown | |
| Previous Owner | $249,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $293,250 | Unknown | |
| Previous Owner | $298,700 | Unknown | |
| Previous Owner | $300,700 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $900,000 | None Listed On Document | |
| Warranty Deed | $485,000 | None Available | |
| Warranty Deed | $475,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | $359,000 | -- |
Source: Public Records
Similar Homes in the area
Source: Doorify MLS
MLS Number: 10034275
APN: 0771.01-05-7553-000
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