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68 Michael Avenue

68 Michael Avenue, Ferrum, VA 24088
House in Franklin
68 Michael Avenue has been categorized by the local assessors in Ferrum, VA as a type of property. The building on the property was first built in 1975 and is 51 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 100 stories. In addition, 68 Michael Avenue has 1,202 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a that is 1,202 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 20,038 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a for those who require parking. The garage measured 275 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a . Moving on to the building itself. The condition of the building has been evaluated as . The building has a style roof made of . The exterior walls of the building are made of . While the interior walls have been made of . As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with at the moment. In terms of heating, it is utilizing and being fueled with . Finally, the property is currently sourcing its water from system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Apr 20, 2023 for $265,000. That's $220.47 per sqft. Prior to that sales transaction, the property was also sold in Feb 21, 2007 for $159,900. 68 Michael Avenue was last assessed in 2023. The total value of the property was assessed at $136,700. Specifically, the land the property is located on was valued at $20,000. While improvements on the property were assessed at a total of $116,700. 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 $83,388. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Brick Exterior

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20230331
03/31/2023
4 Bed
2.5 Bath
-
$255,500
bedrooms
4 Bed
bathrooms
2.5 Bath
-
-
Brenda Fichtner
Smith Mt. Lake/Halesford Bridge


Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 3
  • Basement Area: 1,202
  • Parking Type: 7
  • Garage Type: 7
  • Garage Square Area: 275
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,038
  • Total Building Area: 1,202
  • Building Area: 1,202
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,202
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HILLCRES
  • Land Acres: 0000000460
  • Standard Land Use Code: 1001
  • County Land Use Code: 10
  • Legal Description 1: HILLCREST VIEW LOT 22

Neighborhood

  • School District Name: Franklin County Public Schools
  • Census Tract: 020701

Zoning

  • Zoning: NZ

Geography

  • Parcel: 081 01-066 00
  • Lot: 22
  • Municipality: BLUE RIDGE
  • Latitude: 36.9282
  • Longitude: -79.9872

    Address

  • Full Address: 68 Michael Ave
  • Address - House Number: 68
  • Address - Street Name: Michael
  • Address - Suffix Type: Ave
  • State: VA
  • City Name: Ferrum
  • Carrier Code: R001
  • 4-Digit Zip Code: 4406
  • Zip Code: 24088

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $83,388

    Appraisal Valuation

  • Standard Deviation: 0.2373
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 66
  • Final Value: 263,435
  • High Value: 325,965
  • Low Value: 200,905

    Market Valuation

  • Market Total Value: $136,700
  • Market Land Value: $20,000
  • Market Improvement Value: $116,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,700
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $116,700

    Sales

  • Current Sale Contract Date: Apr 20, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2323
  • Previous Sale Recording Date: Mar 05, 2007
  • Previous Sale Contract Date: Feb 21, 2007
  • Previous Sale Amount: $159,900
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Ferrum



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Frequently Asked Questions

What neighborhood is 68 Michael Avenue located in?
The 68 Michael Avenue is a house located in the neighborhood of Franklin in Ferrum, Ferrum.
What is the average sales price for listings in 68 Michael Avenue?
The average sales price for units in 68 Michael Avenue is $0 currently.