NOT LISTED FOR SALE

207 E Franklin St Hancock, MI 49930

Estimated Value: $124,986

-- Bed
3 Baths
2,352 Sq Ft
$53/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $72,000 $31 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $874/month

397 Days on Market

About This Home

As of January 2017

Thinking of getting started in rentals? Here’s a great 3-in-1 opportunity just a couple of blocks from Finlandia University. Efficient triplex building has newer rubber roof and natural gas furnaces. Easy access to all services from a great location overlooking downtown Hancock. Simple & neat finishing inside. Current rents total $1,475 monthly for all three apartments. The location sells itself for a steady income and good long-term equity. Tenants park in lot across street owned by City of Hancock.

Last Agent to Sell the Property

Adam Taivalkoski

SAVU REALTY License #UPAR-6501382950 Listed on: 09/17/2015

Last Buyer's Agent

Jennifer Deephouse

STATE WIDE OF HOUGHTON License #UPAR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,272

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 39.5x110

Interior Spaces

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

Utilities

  • Forced Air Heating System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 31-051-022-002-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,272

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2015
  • 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: 2352

Exterior Features

  • Roads: City/County

Utilities

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

Lot Info

  • Assessor Parcel Number: 31-051-022-002-00
  • Lot Dimensions: 39.5x110
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2015

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2018
Sold by
Bean Patricia A
Bought by
Peyser Valri L
Current Estimated Value
$124,986
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
Peyser Valri L -- Copper Range Abs & Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $72,000 -30.1% $31 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
09/17/2015 09/17/15 For Sale $103,000 -- $44 / 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 $2,272 $61,447 $0 $0
2023 $2,181 $51,988 $0 $0
2022 $2,324 $43,784 $0 $0
2021 $2,249 $36,639 $0 $0
2020 $2,221 $38,875 $0 $0
2019 $2,192 $36,259 $0 $0
2018 $2,095 $33,466 $0 $0
2017 $1,009 $37,250 $0 $0
2016 -- $19,096 $0 $0
2015 -- $19,096 $0 $0
2014 -- $18,362 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071630

Upper Peninsula Association of REALTORS®

APN: 051-022-002-00