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518 Mulligan Drive

518 Mulligan Drive, Virginia Beach, VA 23462
Property in Virginia Beach
Sold Mar 14, 2005
$103,400
$82,720 by Executive Home Mortgage
Mortgage
Local assessors in Virginia Beach, VA have categorized 518 Mulligan Drive as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 2,310 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 518 Mulligan Drive has a total of 1,458 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 518 Mulligan Drive was last sold in Feb 28, 2005 for $103,400. According to our calculations, that's $70.92 per sqft. Current property owners are expected to pay $2,060 in taxes per year. The property on 518 Mulligan Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $208,100. To break that down further, the land itself was valued at $86,000. While improvements to the property were assessed at a total of $122,100. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 2,310
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,458
  • Building Area: 1,458
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,458
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.053
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: FAIRWAYS LOT 10

Ownership

  • Current Owner : PEARSALL JAMES E
  • Previous Owner : BRADSHAW BERNARD RAY
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Virginia Beach City Public Schools
  • Census Tract: 046019

Zoning

  • Zoning: 1

Geography

  • Assessors Map Reference: PM D094
  • Parcel: 14761883540000
  • Lot: 10
  • Municipality: KEMPSVILLE
  • Latitude: 36.8247
  • Longitude: -76.1462

    Address

  • Full Address: 518 Mulligan Dr
  • Address - House Number: 518
  • Address - Street Name: Mulligan
  • Address - Suffix Type: Dr
  • State: VA
  • City Name: Virginia Beach
  • Carrier Code: C036
  • 4-Digit Zip Code: 6423
  • Zip Code: 23462

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,060
  • Tax Rate Code Area: D03

    Appraisal Valuation

  • Standard Deviation: 0.1467
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 82
  • Final Value: 256,880
  • High Value: 294,575
  • Low Value: 219,186

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $82,720
  • First Open Lien Mortgage Lender: EXECUTIVE HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 14, 2005
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $82,720
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $208,100
  • Market Land Value: $86,000
  • Market Improvement Value: $122,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,100
  • Assessed Land Value: $86,000
  • Assessed Improvements Value: $122,100

    Sales

  • Current Sale Contract Date: Feb 28, 2005
  • Current Sale Recording Date: Mar 14, 2005
  • Current Sale Transaction ID: 1005264330
  • Current Sale Price: $103,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20050314037985

    Last Sale Mortgage

  • First Mortgage Lender: EXECUTIVE HOME MORTGAGE
  • First Mortgage Transaction Date: Mar 14, 2005
  • First Mortgage Loan Amount: $82,720
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 518 Mulligan Drive located in?
The 518 Mulligan Drive is a located in the neighborhood of Virginia Beach in Virginia Beach, Virginia Beach.
What is the average sales price for listings in 518 Mulligan Drive?
The average sales price for units in 518 Mulligan Drive is $0 currently.

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