NOT LISTED FOR SALE

20755 E Second St Hancock, MI 49930

Estimated Value: $151,000 - $194,000

5 Beds
2 Baths
2,512 Sq Ft
$68/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $109,000 $43 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,005/month

1 Day on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Main Floor Bedroom

About This Home

As of July 2021

FRANKLIN TOWNSHIP - INVESTMENT PROPERTY - You will be pleasantly surprised by the interior of this home so please don't judge this home by its exterior! Located minutes from the Portage Lift Bridge and Hancock/Houghton, this 5 bedroom, 2 bathroom home has a great rental history. The property had many updates a few years ago that included gutting and remodeling most of the home, roof, electrical, bathrooms and insulation. Heater was converted to natural gas forced air. The front of the home faces M26 and has a deck with a view of the Portage Lake area from some angles. On site parking behind the home and also an additional lot that fronts on Burt Street and includes a 2 car garage. Current lease is through 5/14/2022, monthly rent of $1,475 per month, tenants pay all utilities, landlord provides plowed parking.

Last Listed By

KRISTINE WEIDNER (JUKURI)

CENTURY 21 AFFILIATED License #UPAR-6502319714 Listed on: 05/04/2021

CENTURY 21 AFFILIATED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $735

Year Built

  • Built in 1920

Lot Details

  • 0.84

Parking

  • 2 Car Detached Garage

Home Design

  • Asphalt

Interior Spaces

  • 2,512 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 31-006-165-022-00 and 31-006-1

Home Details

Home Type

Single Family

Est. Annual Taxes

$735

Year Built

Built in 1920

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: 1920
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dishwasher
  • Basement: Yes
  • Basement: Partial
  • Bedrooms: 5
  • Bedroom 1: On 1st Floor, Dimensions: 14 x 15
  • Bedroom 2: On 2nd Floor, Dimensions: 10 x 14
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 14
  • Bedroom 4: On 2nd Floor, Dimensions: 12 x 11
  • Bedroom 5: On 2nd Floor, Dimensions: 9 x 11
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: On Level: Second
  • Bathroom 2: On Level: Second
  • Room Types: First Floor Bedroom
  • Dining Room: On 1st Floor, Dimensions: 14 x 10
  • Kitchen: On 1st Floor, Dimensions: 14 x 14
  • Living Room: On 1st Floor, Dimensions: 14 x 14
  • Below Grade Sq Ft: 1030
  • Above Grade Finished Sq Ft: 2512
  • Total Finished Sq Ft: 2512

Exterior Features

  • Exterior: Asphalt
  • Exterior Features: Deck
  • Foundation: Partial Basement, Crawl
  • Lake Name: Portage
  • Road: City/County, Year Round

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 31-006-165-022-00 and 31-006-1
  • Lot Dimensions: See approximate map
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2021

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2022
Sold by
Palosaari Eric
Bought by
North Coast Rentals Llc
Total Days on Market
1
Current Estimated Value
$170,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Outstanding Balance
$31,302
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$137,540

Purchase Details

Listed on
May 4, 2021
Closed on
Jul 23, 2021
Sold by
Gold Metal Rentals Llc
Bought by
Palosaari Eric
Seller's Agent
KRISTINE WEIDNER (JUKURI)
CENTURY 21 AFFILIATED
Buyer's Agent
KRISTINE WEIDNER (JUKURI)
CENTURY 21 AFFILIATED
List Price
$109,000
Sold Price
$109,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$87,200
Interest Rate
2.87%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 19, 2010

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
North Coast Rentals Llc $143,000 Keweenaw Title Agcy
Palosaari Eric $109,000 Keweenaw Title Agcy
-- $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Coast Rentals Llc $32,000
Previous Owner Palosaari Eric $87,200
Closed North Coast Rentals Llc $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $109,000 0.0% $43 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $109,000 -- $43 / 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 $735 $68,716 $0 $0
2023 $701 $56,793 $0 $0
2022 $2,581 $47,789 $0 $0
2021 $1,448 $36,454 $0 $0
2020 $1,545 $42,329 $0 $0
2019 $1,489 $44,561 $0 $0
2018 $1,468 $37,117 $0 $0
2017 $1,401 $38,295 $0 $0
2016 -- $25,600 $0 $0
2015 -- $25,600 $0 $0
2014 -- $25,000 $0 $0
Source: Public Records

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Map

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Source: Upper Peninsula Association of REALTORS®

MLS Number: 10044059

Upper Peninsula Association of REALTORS®

APN: 006-165-022-00

Michigan Houghton County Hancock 49930

20755 E Second St, Hancock, MI

Homes for Sale in Hancock, MI

This home is located at 20755 E Second St, Hancock, MI 49930 since 04 May 2021 and is currently estimated at $170,166, approximately $67 per square foot. This property was built in 1920. 20755 E Second St is a home located in Houghton County with nearby schools including Barkell Elementary School and Hancock Middle/High School.

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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.