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155 Michigan Avenue

155 Michigan Avenue, Asheville, NC 28806
Property in Buncombe
Sold Dec 03, 2019
$279,000
$253,234 by Hamilton Group Funding Inc
Mortgage Due Jan 01, 2050
Sold Nov 01, 2007
$175,000
$166,250 by Bank Of America Na
Mortgage Due Nov 01, 2037
155 Michigan Avenue in Asheville, NC was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 155 Michigan Avenue has 1,244 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,663 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage underground or in the basement. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as poor. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 2, 2019 for $279,000. That's $112.14 per sqft. Prior to that sales transaction, the property was also sold in Oct 31, 2007 for $175,000. 155 Michigan Avenue was last assessed in 2023. The total value of the property was assessed at $311,600. Specifically, the land the property is located on was valued at $130,300. While improvements on the property were assessed at a total of $181,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $3,107. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,244
  • Garage Type: Underground/basement
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 2,488
  • Gross Building Area: 2,488
  • Building Area: 1,244
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,244
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BUSBEE HEIGHTS
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIV: BUSBEE HEIGHTS LOT: 23 BLOCK: 1 PLAT: 0154-0116

Ownership

  • Current Owner : JOHNSON MADISSON C
  • Current Owner 2: VITALE PATRICK S
  • Previous Owner : SCHWEITZER ERIC STEWART
  • Previous Owner 2: LANZI ANNE GRIFFIN
  • Owner Before Previous Owner: BROWNING BRIAN
  • Owner Before Previous Owner 2: BROWNING MERIAH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Asheville City Schools
  • School Tax School District: SAS
  • Census Tract: 001000

Zoning

  • Zoning: RM8

Geography

  • Assessors Map Reference: 9638-62
  • Account Number: 655749-2020-202
  • District: 5
  • Parcel: 9638-62-1511-00000
  • Block: 1
  • Lot: 23
  • Municipality: CITY OF ASHEVILLE
  • Latitude: 35.5726
  • Longitude: -82.5784

    Address

  • Full Address: 155 Michigan Ave
  • Address - House Number: 155
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: Asheville
  • Carrier Code: C006
  • 4-Digit Zip Code: 4142
  • Zip Code: 28806

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,107
  • Tax Rate Code Area: CAS

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 68
  • Final Value: 476,653
  • High Value: 584,492
  • Low Value: 368,814

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $253,234
  • First Open Lien Mortgage Lender: HAMILTON GROUP FUNDING INC
  • First Open Lien Mortgage Recording Date: Dec 03, 2019
  • First Open Lien Mortgage Loan Amount: $253,234
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $311,600
  • Market Land Value: $130,300
  • Market Improvement Value: $181,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,600
  • Assessed Land Value: $130,300
  • Assessed Improvements Value: $181,300

    Sales

  • Current Sale Contract Date: Dec 02, 2019
  • Current Sale Recording Date: Dec 03, 2019
  • Current Sale Transaction ID: 11706874112
  • Current Sale Price: $279,000
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Nov 01, 2007
  • Previous Sale Contract Date: Oct 31, 2007
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HAMILTON GROUP FUNDING INC
  • First Mortgage Transaction Date: Dec 03, 2019
  • First Mortgage Loan Amount: $253,234
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 01, 2007
  • Previous Mortgage Loan Amount: $166,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2037

About Asheville



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Frequently Asked Questions

What neighborhood is 155 Michigan Avenue located in?
The 155 Michigan Avenue is a located in the neighborhood of Buncombe in Asheville, Asheville.
What is the average sales price for listings in 155 Michigan Avenue?
The average sales price for units in 155 Michigan Avenue is $0 currently.

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