NOT LISTED FOR SALE

1022 Summit St Hancock, MI 49930

Estimated Value: $146,000 - $170,000

2 Beds
1 Bath
1,132 Sq Ft
$142/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $160,000 $141 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,075/month

22 Days on Market

Highlights

  • Radiant Floor
  • Patio
  • Living Room

About This Home

As of September 2024

Here you have a recently remodeled 2 bedroom 1 bath home in Hancock proper! This darling home was brought down to the studs and nicely updated. All new wiring throughout with rocker light switches and updated lighting. This home has spray foam insulation for cool summers and cozy long winters. It is bright and cheery with a great flow. The natural light floods the living space throughout the whole of the home. You'll find in-floor heat on both the main floor and the 2nd floor, which keeps your feet toasty during the cooler months and is very good if you have dust sensitivities/allergies. The cabinets are new in a crisp modern blue color and the appliances are well maintained in great shape. The epoxy countertops are custom made and are designed to withstand 500 degrees. They clean easily and look very sharp. Off of the kitchen is a laundry room with access to the back yard which is gorgeous in the summer months with perennial's and flowering trees abloom. Off of the dining area is a nice sized walk-in pantry. The porch/entryway is 6x17, a portion of which could be used as a home office. Both bedrooms have good closet space and are found on the 2nd floor along with the full bathroom. The concrete parking pad is raised which allows for easy snow removal.

Last Agent to Sell the Property

Jennifer Deephouse

STATE WIDE OF HOUGHTON License #UPAR Listed on: 07/03/2024

Co-Listed By

Michael Haanela

STATE WIDE OF HOUGHTON License #UPAR

Last Buyer's Agent

Jennifer Deephouse

STATE WIDE OF HOUGHTON License #UPAR Listed on: 07/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 43.46x100.05x46.55x100

Parking

  • 2 Car Parking Spaces

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,132 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Entryway
  • Living Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Radiant Floor
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Basement

  • Michigan Basement
  • Stone Basement

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Internet Available

Community Details

  • Village Of West Hancock 1St Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051-616-026-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,669

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Residential
  • Type Of Property: Single Family
  • Architecture Style: Conventional Frame
  • Structure Style: 2 Story
  • Total Tax Amount: 2560
  • Year Built: 1900
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Window Treatment(s)
  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: MI Basement, Stone
  • Bedrooms: 2
  • Bedroom 1: On 2nd Floor, Dimensions: 14 x 10
  • Bedroom 1 Floor Covering: Laminate
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 10
  • Bedroom 2 Floor Covering: Laminate
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Second, Flooring: Wood
  • Room Types: Entry, First Floor Laundry, Living Room, Basement Full Bath
  • Kitchen: On 1st Floor, Dimensions: 13 x 10
  • Kitchen Floor Covering: Laminate
  • Living Room: On 1st Floor, Dimensions: 14 x 10
  • Living Room Floor Covering: Laminate
  • Below Grade Sq Ft: 704
  • Above Grade Finished Sq Ft: 1132
  • Total Finished Sq Ft: 1132

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Patio
  • Foundation: Michigan Basement
  • Frontage: 44
  • Road: City/County, Curbed, Paved Street, Year Round
  • Out Buildings: None (OtherStructures)
  • Frontage Type: Road

Garage/Parking

  • Parking: 2 Spaces
  • Garage: No

Utilities

  • Heating: Radiant Floor
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 051-616-026-00
  • Zoning: Residential
  • Lot Dimensions: 43.46x100.05x46.55x100
  • Acreage: 0.1
  • Geo Subdivision: MI
  • Site/Lot Features: Walk to School, Platted, City Limits

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,401.00
  • Winter Tax: Year: 2023, Amount: $159.00
  • Total Tax: Amount: $2,560.00

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2024
Closed on
Sep 11, 2024
Sold by
Carr Alexander and Carr Elizabeth
Bought by
Sarazin Emily J
Seller's Agent
Jennifer Deephouse
STATE WIDE OF HOUGHTON
Buyer's Agent
Jennifer Deephouse
STATE WIDE OF HOUGHTON
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Views
31
Current Estimated Value
$161,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,031
Avg. Annual Appreciation
0.60%
Original Mortgage
$152,000
Outstanding Balance
$147,369
Interest Rate
0.61%
Mortgage Type
Construction
Estimated Equity
$13,662

Purchase Details

Listed on
Feb 15, 2022
Closed on
Mar 21, 2022
Sold by
Risch Meagan
Bought by
Alexander Carr
Seller's Agent
Adam Taivalkoski
SAVU REALTY
Buyer's Agent
Michael Haanela
STATE WIDE OF HOUGHTON
List Price
$149,000
Sold Price
$137,000
Premium/Discount to List
-$12,000
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%

Purchase Details

Listed on
Aug 3, 2018
Closed on
Sep 26, 2018
Sold by
Rtw Holdings Llc
Bought by
Risch Meagan
Seller's Agent
Dick Walrath
STATE WIDE OF HOUGHTON
Buyer's Agent
Adam Taivalkoski
SAVU REALTY
List Price
$65,000
Sold Price
$63,000
Premium/Discount to List
-$2,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.93%
Original Mortgage
$56,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 27, 2012
Sold by
Bercot Philip
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
Sarazin Emily J $160,000 Transnation Title Agcy - Upper
Alexander Carr $137,000 Keweenaw Title Agcy
Risch Meagan $63,000 Attorney Only
-- $48,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarazin Emily J $152,000
Previous Owner Risch Meagan $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/13/2024 09/13/24 Sold $160,000 -5.8% $141 / Sq Ft
07/06/2024 07/06/24 For Sale $169,900 +24.0% $150 / Sq Ft
03/22/2022 03/22/22 Sold $137,000 -8.1% $121 / Sq Ft View Prior Sale
03/05/2022 03/05/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $149,000 +136.5% $132 / Sq Ft
09/26/2018 09/26/18 Sold $63,000 -3.1% $60 / Sq Ft View Prior Sale
08/07/2018 08/07/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $65,000 -- $62 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $2,669 $51,082 $0 $0
2024 $2,502 $47,526 $0 $0
2023 $2,401 $42,276 $0 $0
2022 $1,315 $33,500 $0 $0
2021 $1,272 $28,059 $0 $0
2020 $1,260 $27,839 $0 $0
2019 $1,247 $27,231 $0 $0
2018 $1,210 $26,367 $0 $0
2017 $1,169 $26,526 $0 $0
2016 -- $19,654 $0 $0
2015 -- $19,654 $0 $0
2014 -- $18,898 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50147477

Upper Peninsula Association of REALTORS®

APN: 051-616-026-00