NOT LISTED FOR SALE

232 Mulligan Ln Stanley, NC 28164

Estimated Value: $718,000 - $786,000

4 Beds
3 Baths
4,267 Sq Ft
$176/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $711,000 $167 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,461/month

132 Days on Market

Highlights

  • New Construction
  • Deck
  • Covered Patio or Porch
  • Catawba Springs Elementary School Rated A
  • Mud Room
  • Cul-De-Sac

About This Home

As of January 2024

MOVE-IN READY! This spacious custom home located on a cul-de-sac has a modern style and design with 4 bedrooms, 3 baths and a basement. The main floor features an open floor plan with solid surface flooring throughout, two primary suites, a study with French doors, gas fireplace in the living room, a dining room connected to the butler's pantry and plenty of storage. The kitchen has white cabinets, tile backsplash, Quartz countertops and stainless appliances including an induction cooktop. The basement features 1,591 of finished sq ft including two bedrooms, bonus room, bathroom and 1,085 sq ft of unfinished area. Other extras include an all-brick exterior and home audio system. The home is located in the Cowans Ford area which is in the southern part of the Lake Norman area that includes low Lincoln County property taxes. HOA dues include full landscaping maintenance, irrigation, and minor exterior house maintenance. $175 a month/$2,100 a year.

Last Agent to Sell the Property

Michael Conley

Eastwood Homes Brokerage Email: mconley@eastwoodhomes.com License #166229 Listed on: 07/27/2023

Last Buyer's Agent

Susan Dolan

Ivester Jackson Christie's License #268094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,188

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Cul-De-Sac
  • Property is zoned PD-MU CU

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 1-Story Property
  • Mud Room
  • Entrance Foyer
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Built-In Self-Cleaning Oven
  • Induction Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Catawba Springs Elementary School
  • East Lincoln Middle School
  • East Lincoln High School

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Ballentrae Subdivision

Listing and Financial Details

  • Assessor Parcel Number 4611395758

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,188

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2023
  • Road Surface Type: Concrete
  • Unit Levels: One
  • ResoPropertyType: Residential
  • Ratio CurrentPrice/TotalPropertyHLA: 166.63
  • Geocode Confidence: High
  • Attribution Contact: mconley@eastwoodhomes.com
  • Special Features: NewHome

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Interior Amenities: Drop Zone, Entrance Foyer, Kitchen Island, Pantry, Storage, Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2676
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 1085
  • Sq Ft Unheated Total: 1085
  • Sq Ft Upper: 0
  • Appliances: Dishwasher, Disposal, Induction Cooktop, Oven, Self Cleaning Oven, Wall Oven
  • Other Equipment: Other - See Remarks
  • Above Grade Finished Sq Ft: 2676
  • Has Basement: Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1591
  • Fireplace Features: Living Room
  • Living Area: 4267
  • Bedroom Main: 2
  • Bedroom Basement: 2

Exterior Features

  • New Construction: Yes
  • Roof: Shingle
  • Construction Type: Site Built
  • Construction Type: Brick Full
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Garage Faces Front

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Public Sewer
  • Laundry Features: Laundry Room, Main Level
  • Cooling: Central Air, Electric, Heat Pump
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • Association Annual Expense: 2100.00

Schools

  • Middle Or Junior School: East Lincoln
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Units: Acres
  • Parcel Number: 4611395758
  • Plat Reference Section Pages: 17-290
  • Development Status: Completed
  • ResoLotSizeUnits: Acres
  • Zoning Specification: PD-MU CU

MLS Schools

  • Elementary School: Catawba Springs
  • High School: East Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Jan 31, 2024
Sold by
Ibex Company Llc
Bought by
Woodruff Richard Lloyd and Woodruff Cheryl A
Seller's Agent
Michael Conley
Eastwood Homes
Buyer's Agent
Susan Dolan
Ivester Jackson Christie's
List Price
$799,900
Sold Price
$711,000
Premium/Discount to List
-$88,900
-11.11%
Views
124
Current Estimated Value
$752,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,133
Avg. Annual Appreciation
3.29%
Original Mortgage
$711,000
Outstanding Balance
$698,435
Interest Rate
6.61%
Mortgage Type
VA
Estimated Equity
$53,698

Purchase Details

Closed on
Aug 6, 2020
Sold by
Jon Mar Llc
Bought by
Ibex Company Llc
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
Woodruff Richard Lloyd $711,000 None Listed On Document
Ibex Company Llc $105,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Woodruff Richard Lloyd $711,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2024 01/31/24 Sold $711,000 -1.9% $167 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $724,900 -5.7% $170 / Sq Ft
09/19/2023 09/19/23 Price Changed $769,000 -3.9% $180 / Sq Ft
07/27/2023 07/27/23 For Sale $799,900 -- $187 / 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 $4,188 $715,160 $70,000 $645,160
2024 $4,421 $715,160 $70,000 $645,160
2023 $4,416 $715,160 $70,000 $645,160
2022 $2,047 $261,439 $56,000 $205,439
2021 $342 $46,000 $46,000 $0
2020 $321 $46,000 $46,000 $0
2019 $321 $46,000 $46,000 $0
2018 $322 $46,000 $46,000 $0
2017 $322 $46,000 $46,000 $0
2016 $321 $0 $0 $0
2015 $328 $46,000 $46,000 $0
2014 $342 $49,900 $49,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4053391

Canopy MLS (Canopy Realtor® Association)

APN: 84456