NOT LISTED FOR SALE

1209 Summit St Hancock, MI 49930

Estimated Value: $85,059

-- Bed
2 Baths
1,650 Sq Ft
$52/Sq Ft Est. Value

Last Sold August 15, 2014

Last sale price $45,000 $27 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $665/month

357 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Forced Air Heating System

About This Home

As of August 2014

Great investment opportunity in Hancock. A two story duplex on a double lot with a two car detached garage. 2 bedrooms, 1 bath per unit, heat included in the rent. Both units are rented. Close to Finlandia college, ski trails, and grocery store.

Last Listed By

Jason Gagnon

AMERICAN FOREST MANAGEMENT License #UPAR Listed on: 07/16/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,310

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

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

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 3105163001300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,310

Lot Details

0

Listing Details

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

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 1650

Exterior Features

  • Construction: Vinyl Siding
  • Exterior Features: Porch

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

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

Lot Info

  • Assessor Parcel Number: 3105163001300
  • Lot Dimensions: 100x100
  • Acreage: 0.23
  • Geo Subdivision: MI

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2020
Sold by
Laitinen Eric W and Laitinen Joy L
Bought by
Torola David and Torola Ann
Total Days on Market
357
Current Estimated Value
$85,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,600
Outstanding Balance
$11,021
Interest Rate
3%
Mortgage Type
Construction

Purchase Details

Listed on
Jul 16, 2013
Closed on
Aug 13, 2014
Bought by
Laitinen Eric W and Laitinen Joy L
Seller's Agent
Jason Gagnon
AMERICAN FOREST MANAGEMENT
Buyer's Agent
BARBARA PARKER
RE/MAX DOUGLASS R.E.-H
List Price
$55,000
Sold Price
$45,000
Premium/Discount to List
-$10,000
-18.18%

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
Torola David $57,000 Attorney Only
Laitinen Eric W $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torola David $56,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2014 08/15/14 Sold $45,000 -18.2% $27 / Sq Ft
07/08/2014 07/08/14 Pending -- -- --
07/16/2013 07/16/13 For Sale $55,000 -- $33 / 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 $2,310 $58,174 $0 $0
2023 $2,155 $47,346 $0 $0
2022 $2,296 $38,099 $0 $0
2021 $2,222 $34,989 $0 $0
2020 $2,410 $37,823 $0 $0
2019 $2,380 $37,200 $0 $0
2018 $2,311 $36,911 $0 $0
2017 $2,256 $36,932 $0 $0
2016 -- $36,203 $0 $0
2015 -- $36,203 $0 $0
2014 -- $34,811 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jason Gagnon

    AMERICAN FOREST MANAGEMENT

  • BARBARA PARKER

    Buyer's Agent in 2014

    BARBARA PARKER

    RE/MAX DOUGLASS R.E.-H

    (906) 281-1677

    159 Total Sales

    BARBARA PARKER
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071359

Upper Peninsula Association of REALTORS®

APN: 051-630-013-00

Michigan Houghton County Hancock 49930

1209 Summit St, Hancock, MI

Homes for Sale in Hancock, MI

This home is located at 1209 Summit St, Hancock, MI 49930 since 16 July 2013 and is currently estimated at $85,059, approximately $51 per square foot. 1209 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.

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