NOT LISTED FOR SALE

194 Michigan Ave Asheville, NC 28806

West Asheville Neighborhood

Estimated Value: $398,000 - $542,000

3 Beds
2 Baths
1,025 Sq Ft
$483/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $225,000 $220 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $2,889/month

145 Days on Market

Highlights

  • Ranch Style House
  • Asheville High Rated A-
  • Tile Flooring

About This Home

As of October 2017

Excellent West Asheville Location! Ride your bike or walk to Carrier Park, west Asheville, downtown Asheville, River Arts District, restaurants, pubs/breweries and music. Great for investors or making your own new home. Read to move in - fresh and clean. New flooring, fresh paint, HVAC 2 years old. Deck overlooks level backyard. Easy care vinyl siding and city water and sewer. Driveway offers off street parking.

Last Agent to Sell the Property

The Bourke Group

Listed on: 04/27/2017

Last Buyer's Agent

Beth Zabriskie

Homesource Realty INC License #283064

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2002

Lot Details

  • 6,970

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • Insulated Windows
  • Crawl Space

Flooring

  • Carpet
  • Laminate
  • Tile

Listing and Financial Details

  • Assessor Parcel Number 9638623073

Home Details

Home Type

Single Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Property Sub Type: 1 Story
  • Architectural Style: Ranch
  • Ratio Close Price By List Price: 0.98253
  • Ratio Close Price By Original Li: 0.72816
  • Ratio Current Price By Acre: 1406250.00
  • Ratio Current Price By Sq Ft: 219.51
  • Year Built: 2002
  • Special Features: None
  • Stories: 1

Interior Features

  • Foundation Details: Crawl Space
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Doors and Windows: Insulated Windows
  • Equipment: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator, Exhaust Hood, Electric Oven
  • Flooring: Carpet, Laminate Wood, Tile
  • Laundry Location: Main
  • Room Count: 1
  • Main Level Sq Ft: 1025
  • Total Sq Ft: 1025

Exterior Features

  • Construction: Vinyl
  • Construction Type: Site Built
  • Publically Maintained Road: Yes

Garage/Parking

  • Driveway: Gravel
  • Parking: Driveway, Lot, Parking Space - 2

Utilities

  • Heating: Heat Pump - AC, Heat Pump - Heat
  • Sewer: City Sewer
  • Water: City Water
  • Water Heater: Electric

Lot Info

  • Parcel Number: 9638623073
  • Plat Reference Section Pages: 0158
  • Zoning Specification: RED

Tax Info

  • Tax Value: 202100.00
  • Tax Amount Ncm: 1897.58
  • Tax Location: Asheville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2017
Closed on
Oct 16, 2017
Sold by
Salomon Ron A and Delight Janet R
Bought by
Lorrain April
Seller's Agent
The Bourke Group
Buyer's Agent
Beth Zabriskie
Homesource Realty INC
List Price
$309,000
Sold Price
$225,000
Premium/Discount to List
-$84,000
-27.18%
Current Estimated Value
$495,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,415
Avg. Annual Appreciation
10.32%
Original Mortgage
$200,000
Outstanding Balance
$167,056
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$328,359

Purchase Details

Closed on
Oct 21, 2002
Sold by
Booth Kirk H and Booth Laura
Bought by
Salomon Ron A and Delight Janet R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Interest Rate
6.21%

Purchase Details

Closed on
Jul 12, 2002
Sold by
Beaucatcher Properties Llc
Bought by
Booth Kirk H and Schulze Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.75%
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
Lorrain April $225,000 None Available
Salomon Ron A $97,000 --
Booth Kirk H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorrain April $200,000
Previous Owner Salomon Ron A $72,750
Previous Owner Booth Kirk H $84,000
Closed Salomon Ron A $14,779
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2017 10/17/17 Sold $225,000 -27.2% $220 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
04/27/2017 04/27/17 For Sale $309,000 -- $301 / 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 $3,390 $328,100 $134,100 $194,000
2024 $3,390 $328,100 $134,100 $194,000
2023 $3,390 $272,200 $134,100 $138,100
2022 $2,714 $272,200 $0 $0
2021 $2,714 $272,200 $0 $0
2020 $2,178 $202,100 $0 $0
2019 $2,178 $202,100 $0 $0
2018 $2,178 $202,100 $0 $0
2017 $2,199 $154,400 $0 $0
2016 $1,898 $154,400 $0 $0
2015 $1,898 $154,400 $0 $0
2014 $1,874 $154,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    The Bourke Group

  • Beth Zabriskie

    Buyer's Agent in 2017

    Beth Zabriskie

    Homesource Realty INC

    (828) 273-6724

    28 in this area

    171 Total Sales

    Beth Zabriskie
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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: CAR3275676

Canopy MLS (Canopy Realtor® Association)

APN: 9638-62-3073-00000

North Carolina Buncombe County Asheville 28806 West Asheville

194 Michigan Ave, Asheville, NC

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