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220 Gulledge Parker Rd, Monroe, NC, 28112

3beds
2baths
1,988sqft
$624,900
$314price/sqft
$3,877/moest. monthly cost
$155,080/yrincome needed

About This Home

Here's your opportunity to build the custom home you've always envisioned while enjoying the peace and privacy of country living. Situated on a beautiful 1.5-acre lot, this brand-new ranch home is scheduled for completion in Spring 2027 and is being crafted by a quality custom builder known for exceptional craftsmanship and attention to detail. The thoughtfully designed proposed floor plan will feature convenient one-level living, a spacious two-car garage, and a 12' x 12' wooded rear deck—the perfect place to relax, entertain, and take in the natural surroundings. The best part? If you act soon, you'll have the rare opportunity to personalize your new home by selecting your own paint colors, cabinetry, countertops, flooring, and light fixtures, creating a home that's uniquely yours from day one. Skip the compromises of resale and enjoy the confidence that comes with new construction, modern finishes, energy-efficient features, and the chance to make your personal design selections before construction is complete. Whether you're looking for room to roam, space to entertain, or simply the serenity of country living, this property offers the perfect balance of privacy, comfort, and convenience. Property is cleared and the trees in the back of the property will be staying.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
23
BikeSomewhat Bikeable

Schools

5/10
4/10
Parkwood Middle SchoolGrades 6-86.5 mi
8/10
Parkwood High SchoolGrades 9-126.7 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2027

Materials

  • Foundation: Crawl Space
  • Construction materials: Fiber Cement

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven
  • Laundry features: Laundry Room

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Level: Main

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,988

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Interior Area

  • Total structure area: 1,988
  • Total interior livable area: 1,988 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 04156032
  • Zoning: RA-40
  • Special condition: Standard
  • Exclusions: No Refrigerator

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 1.50 Acres

Parking

  • Total spaces: 2
  • Parking features: Driveway,Attached Garage,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Ice Storm
Tornado
Cold Wave
Drought
Hurricane
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Union County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,159$37,908
Home Insurance *$222$2,664
Property Taxes $296$3,552
Electricity $200$2,405
Total$3,877$46,524
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$132,925/yr
40% on housing$116,310/yr
45% on housing$103,386/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.1%
1.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$314This listing

vs Other Active Listings

Avg $/sqft

ZIP 28112$199
Union County$223

vs Homes Sold Last Month

Median $/sqft

ZIP 28112$184
Union County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-01Listed for sale$624,900

New Construction

AgentAshley Howard
BrokerageNextHome Paramount

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