SW1240401_Property Deed_20240424

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Non-Profit Corporation
Legal Name
MARS HILL UNIVERSITY
Prey Legal Name
Mars Hill College
Information
Sosld: 0092369
Status: Current-Active O
Date Formed: 2/16/1859
Citizenship: Domestic
Annual Report Due Date:
Registered Agent: Floyd, John Anthony "tony"
Addresses
Reg Mailing Mailing
100 Athletic Street Blackwell Administration Hall 120 Cascade Street
Mars Hill, NC 28754 Mars Hill, NC 28754
Principal Office
Blackwell Administration Hall 120 Cascade Street
Mars Hill, NC 28754
Reg Office
Blackwell Administration Hall 120 Cascade Street
Mars Hill, NC 28754
Officers

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Property Card
Above are direct links to the Property Card,Tax Bill, Deed, and Plat if there is one recorded. Just
use the arrow located next to the text to navigate to each one.
1 of 4
REID 12072
PIN 9747738756
Total Acres 0.00
Calculated Acres 131.92
Deed Book 0
Deed Page 0
Nat Book 0
Plat Page 0
Comments
Zoning Inst
Township MARS HILL
Fire District MARS HILL CITY
Owner MARS HILL COLLEGE
Address PO BOX 370
City MARS HILL
State NC
Zip Code 28754

Property Summary
Tax Year:2024
REID 12072 PIN 9747.73-8756 Property Owner MARS HILL COLLEGE
Location Address 227 BAILEY ST PO BOX 6673
Property Description Owner's Mailing Address
MARS HILL NC 28754
Administrative Data Transfer Information Property Value i
Plat Book&Page Deed Date 1/1/1900 Total Appraised Land Value , $38,400
Old Map# Deed Book 000000 Total Appraised Building Value '$163,555
Market Area 1510 Deed Page 00000 Total Appraised Misc ,
Township MARS HILL Revenue Stamps Improvements Value
Planning MADISON Package Sale Date Total Cost Value ,$201,955
Jurisdiction Package Sale Price Total Appraised Value-Valued ;$201,955
By cost
City Land Sale Date
Fire District MARS HILL CITY Other Exemptions
Land Sale Price Exemption Desc '
Spec District
Use Value Deferred
COMMERCIAL Improvement Summary
Land Class IMPROVED Historic Value Deferred
Total Buildings 2
History REiD 1 Total Deferred Value
Total Units 0
History REID 2 Total Taxable Value i$201,955
Total Living Area 0
Acreage 0
Total Gross Leasable Area 3,924
Permit Date
Permit#
Building Summary
Card 1 227 BAILEY ST
Building Details Building Total&Improvement Details
Bldg Name Total Adjusted Replacement Cost $140,170
New
Primary Occupancy Type COMMERCIAL
Primary Occupancy RESTAURANT Physical Depreciation(%Bad) AVERAGE
55
Primary Class C Depreciated Value $63,076
Primary Quality AV-C Economic Depreciation(%Bad) 0
Year Built 1985 Functional Depreciation(%Bad) 0
Effective Year 1985 Total Depreciated Value $63,076
Physical Depreciation(Rating) AVERAGE
Market Area Factor 1.15
Physical Depreciation(%Bad) 55 Building Value $72,537
Economic Depreciation(%Bad) 0 Misc Improvements Value
Functional Depreciation(%Bad) 0 Total Improvement Value $72,537
Gross Leasable Area(SOFT) 1,884 Assessed Land Value $38,400
Remodeled Year 0 Assessed Total Value $201,955
Total Stories 1

Section 1 Details
Occupancy Type COMMERCIAL
Additional Fixtures 6
Class C
Depreciation 55%
Depreciation AVERAGE
Design and Style COMMERCIAL
Exterior Walls Brick
Heat Unit
Occupancy RESTAURANT
Quality AV-C
Roof Cover BuiltUp
Roof Type Flat
Addition Summary
Story Type Code Area
Building Sketch Photograph
Card 2 227 BAILEY ST
Building Details Building Total&Improvement Details
Bldg Name Total Adjusted Replacement Cost New $175,879
Primary Occupancy Type COMMERCIAL Physical Depreciation(%Bad) AVERAGE 55
Primary Occupancy RESTAURANT Depreciated Value $79,146
Primary Class C Economic Depreciation(%Bad) 0
Primary Quality AV-C Functional Depreciation(%Bad) 0
Year Built 1985 Total Depreciated Value S79,146

Effective Year 1985 Market Area Factor 1.15
Physical Depreciation(Rating) AVERAGE Building Value $91,018
Physical Depreciation(%Bad) 55 Misc Improvements Value
Economic Depreciation(%Bad) 0 Total Improvement Value $91,018
Functional Depreciation(%Bad) 0 Assessed Land Value $38,400
Gross Leasable Area(SOFT) 2,040 Assessed Total Value $201,955
Remodeled Year 0
Total Stories 1
Section 1 Details
Occupancy Type COMMERCIAL
Additional Fixtures 9
Class C
Depreciation 55%
Depreciation AVERAGE
Design and Style COMMERCIAL
Exterior Walls Brick
Heat Forcd
Occupancy RESTAURANT
Quality AV-C
Roof Cover BuiltUp
Roof Type Flat
Addition Summary
Story Type Code Area
1.00 B-UNF BASEMENT B50 1020
Building Sketch Photograph
u N
yp\

rq
Misc Improvements Summary
Card Unit Base Eff Phys Depr(% Econ Depr(% Funct Depr(% Common Interest(%Bad) Bad) Bad) Value
Measure Type Price Year ood
# Quantity Good)
No Data
Total Misc Improvements Value Assessed:
Land Summary
Land Class:COMMERCIAL IMPROVED Deeded Acres:0 Calculated Acres:0
Zoning Soil Class Description Size Rate Size Adj.Factor Land Adjustment Land Value
R-A 62-LOT-S 1.00 BY THE UNIT PRICE $38,400 $38,400
Total Land Value Assessed:$38,400
Ownership History
Owner Name Deed Type %Ownership Stamps Sale Price Book Page Deed Date
Current MARS HILL COLLEGE DEED 100 0 000000 00000 1/1/1900
Notes Summary
Building Date Line Notes
Card
P 12/16/2019 0 NO CHANGE FOR 2020 REVAL.
p 6/14/2018 1 LEGACY ACCOUNT NUMBER:4351
P 6/14/2018 2 LANDNOTES 1-7 FROM LEGACY PARCEL TABLE:SITE:OPEN:WOOD:UNDV:WAST:
P 6/14/2018 3 NOTES 1-3 FROM LEGACY PARCEL TABLE:THIS WAS MA 3491 MERGED PER CONVRSATION JAR HAD
WITH COLLEGE
P 6/14/2018 4 NOTES 1-3 FROM LEGACY PARCEL TABLE:TOTAL AC FOR MHC 167.52;BARBER SHOP
FLORIST,VACANTBLDG;MOVED SCIENCE WING TO MA 3847 FOR 2011CHANGED EFF YEAR;