NOT LISTED FOR SALE

1036 Summit St Hancock, MI 49930

Estimated Value: $135,000 - $199,000

-- Bed
-- Bath
2,380 Sq Ft
$70/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $141,000 $59 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,191/month

56 Days on Market

Highlights

  • Wood Flooring
  • Shed
  • Hot Water Heating System

About This Home

As of March 2022

Whether you are looking for an investment opportunity or to house hack by living in one of the units, you have to check out this up/down duplex. The property is registered with the city. Each unit currently leases for $750/month and consists of 2 bedrooms and 1 bath, with a large kitchen, living room, and dining room. Both units feature hardwoods floors and historic hardwood trim and built-ins. The house also includes additional space up on the 3rd floor that can be utilized, parking spaces for 4+ vehicles, and a large shed in the backyard. Seller just installed a new boiler/hot water system.

Last Listed By

Adam Shirey

RE/MAX DOUGLASS R.E.-H License #UPAR-6501435183 Listed on: 12/21/2021

RE/MAX DOUGLASS R.E.-H

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,178

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50 x 100

Parking

  • 3 Car Parking Spaces

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Additional Features

  • Shed
  • Hot Water Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 03105161602300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,178

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Sub Structure Types: Shed
  • Year Built: 1900
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Hardwood Floors
  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 2380

Exterior Features

  • Roads: City/County, Year Round

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 03105161602300
  • Lot Dimensions: 50 x 100
  • Acreage: 0.11
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2021

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Mar 24, 2022
Sold by
Stites Robert A
Bought by
Rawhouser Kaitlyn L
Seller's Agent
Adam Shirey
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Jennifer Deephouse
STATE WIDE OF HOUGHTON
List Price
$139,900
Sold Price
$141,000
Premium/Discount to List
$1,100
0.79%
Total Days on Market
56
Current Estimated Value
$167,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,049
Avg. Annual Appreciation
11.11%
Original Mortgage
$76,000
Outstanding Balance
$72,411
Interest Rate
4.17%
Mortgage Type
Construction
Estimated Equity
$123,449

Purchase Details

Closed on
Nov 10, 2020
Sold by
Superior Natl Bk & Trust Co
Bought by
Stites Robert A

Range of Values:

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Average Value
Not Available
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
Rawhouser Kaitlyn L $141,000 M&M Title
Stites Robert A $30,000 Keweenaw Title Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawhouser Kaitlyn L $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2022 03/24/22 Sold $141,000 +0.8% $59 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
12/21/2021 12/21/21 For Sale $139,900 -- $59 / 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
2024 $3,178 $73,451 $0 $0
2023 $3,055 $64,025 $0 $0
2022 $2,767 $50,670 $0 $0
2021 $2,678 $42,167 $0 $0
2020 $1,788 $41,140 $0 $0
2019 $1,264 $39,660 $0 $0
2018 $1,197 $35,894 $0 $0
2017 $1,150 $36,136 $0 $0
2016 -- $36,334 $0 $0
2015 -- $36,334 $0 $0
2014 -- $34,937 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Shirey

    Seller's Agent in 2022

    Adam Shirey

    RE/MAX DOUGLASS R.E.-H

    (616) 799-1038

    115 Total Sales

    Adam Shirey
    Section Image
  • Jennifer Deephouse

    Buyer's Agent in 2022

    Jennifer Deephouse

    STATE WIDE OF HOUGHTON

    (906) 370-6955

    205 Total Sales

    Jennifer Deephouse
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072624

Upper Peninsula Association of REALTORS®

APN: 051-616-023-00

Michigan Houghton County Hancock 49930

1036 Summit St, Hancock, MI

Homes for Sale in Hancock, MI

This home is located at 1036 Summit St, Hancock, MI 49930 since 21 December 2021 and is currently estimated at $167,049, approximately $70 per square foot. This property was built in 1900. 1036 Summit St is a home located in Houghton County with nearby schools including Barkell Elementary School and Hancock Middle/High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.