45 Balsam Avenue

45 Balsam Avenue in Asheville, NC was first built in 1925 and is 99 years old. 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 45 Balsam Avenue has 1,027 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 11,761 square feet.

Learn more about the property and building on this page. There is a porch. 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. 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 unsound. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing a central heating system and being fueled with electricity. The property was last sold in Jul 20, 2016 for $241,000. That's $117.33 per sqft. Prior to that sales transaction, the property was also sold in Apr 26, 2016 for $112,000. 45 Balsam Avenue was last assessed in 2023. The total value of the property was assessed at $303,800. Specifically, the land the property is located on was valued at $111,200. While improvements on the property were assessed at a total of $192,600. 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 $3,029. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.