NOT LISTED FOR SALE

1040 Summit St Hancock, MI 49930

Estimated Value: $90,000

4 Beds
2.5 Baths
2,304 Sq Ft
$39/Sq Ft Est. Value

Last Sold July 21, 2017

Last sale price $15,000 $7 Per Sq Ft

Est. 500% increase in value since last sale

Current estimated payment $581/month

8 Days on Market

Highlights

  • Porch
  • Bathroom on Main Level
  • Hot Water Heating System

About This Home

As of July 2017

This 4 bedroom 3 bathroom home is need of some repairs, but a little elbow grease could bring this place back to life. Some ceilings have water damage, the floors are in need of a redo and some walls are in need of a little TLC. Overall this place has a ton of potential and an opportunity for landlords and families alike. If you have the ability to get this place, do it! You cannot beat this price, it leaves a lot room in the pocket book for updates and renovations. Seller is willing to negotiate a discounted price if the following properties are purchased together: MLS# 1102543: 1040 Summit, MLS# 1102544: 843 Warren, MLS# 1102545: 845 Warren, MLS# 1102547: 306 E. Houghton and MLS# 1102549: 205 Pewabic.

Last Agent to Sell the Property

Adam Taivalkoski

SAVU REALTY License #UPAR-6501382950 Listed on: 06/19/2017

Last Buyer's Agent

Jack Larson

CENTURY 21 AFFILIATED License #UPAR

CENTURY 21 AFFILIATED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,250

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x100

Home Design

  • Asphalt

Interior Spaces

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

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Outdoor Features

  • Porch

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 31-051-616-022-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,250

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 19
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher, Microwave, Range/Oven
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 13
  • Bedroom 2: On 2nd Floor, Dimensions: 8 x 14
  • Bedroom 3: On 2nd Floor, Dimensions: 12 x 10
  • Bedroom 4: On 2nd Floor, Dimensions: 10 x 13
  • Full Bathrooms: 2
  • Total Bathrooms: 3
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Bathroom 3: On Level: Second
  • Room Types: First Floor Laundry, First Flr Full Bathroom
  • Breakfast Nook: On 2nd Floor, Dimensions: 11 x 12
  • Dining Room: On 1st Floor, Dimensions: 12 x 12
  • Family Room: On 1st Floor, Dimensions: 14 x 13
  • Kitchen: On 1st Floor, Dimensions: 12 x 12
  • Living Room: On 1st Floor, Dimensions: 21 x 17
  • Other Room1: Dimensions: 11x13, On Level: Second
  • Below Grade Sq Ft: 1089
  • Finished Below Grade Sq Ft: 1089
  • Above Grade Finished Sq Ft: 2304
  • Total Finished Sq Ft: 2304
  • Half Bathrooms: 1

Exterior Features

  • Exterior: Asphalt
  • Exterior Features: Porch
  • Foundation: Basement
  • Road: City/County

Garage/Parking

  • Garage: No

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 31-051-616-022-00
  • Lot Dimensions: 50x100
  • Acreage: 0.12
  • Geo Subdivision: MI

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Therrian Chad and Therrian Emmett H
Bought by
Bear Family Empire Llc
Current Estimated Value
$90,000

Purchase Details

Listed on
Jun 19, 2017
Closed on
Jul 21, 2017
Sold by
Superior Natl Bk & Trust Co
Bought by
Therrian Chad and Therrian Emmett H
Seller's Agent
Adam Taivalkoski
SAVU REALTY
Buyer's Agent
Jack Larson
CENTURY 21 AFFILIATED
List Price
$29,000
Sold Price
$15,000
Premium/Discount to List
-$14,000
-48.28%

Purchase Details

Closed on
Mar 19, 2004
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
Bear Family Empire Llc $40,000 Transnation Title Agcy - Upper
Therrian Chad $15,000 Keweenaw Title Agcy
-- $66,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2017 07/21/17 Sold $15,000 -48.3% $7 / Sq Ft
06/27/2017 06/27/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $29,000 -- $13 / 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 $3,250 $71,289 $0 $0
2024 $3,250 $64,317 $0 $0
2023 $3,120 $54,929 $0 $0
2022 $2,201 $43,331 $0 $0
2021 $2,130 $34,817 $0 $0
2020 $2,103 $33,920 $0 $0
2019 $2,076 $32,458 $0 $0
2018 $2,013 $32,149 $0 $0
2017 $1,873 $32,363 $0 $0
2016 -- $31,498 $0 $0
2015 -- $31,498 $0 $0
2014 -- $30,287 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10028419

Upper Peninsula Association of REALTORS®

APN: 051-616-022-00