NOT LISTED FOR SALE

20967 E Second Hancock, MI 49930

Estimated Value: $154,414 - $182,000

5 Beds
3 Baths
2,176 Sq Ft
$78/Sq Ft Est. Value

Last Sold July 07, 2021

Last sale price $127,000 $58 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $998/month

13 Days on Market

About This Home

As of July 2021

FRANKLIN TOWNSHIP - INVESTMENT PROPERTY - 3 apartments with good rental history! A great location close to Houghton/Hancock and the campuses of Michigan Technological University and Finlandia University. Mont Ripley ski hill and access points to the recreational trails nearby. Two apartments have 2 bedrooms and 1 bathroom. The third story is a studio apartment has 3/4 bathroom. Roof is approximately 4 years old. Apartment 1: Leased through 5/14/2022, $660 per month, tenant pays for electricity. Apartment 2: Leased through 5/14/2022, $660 per month., Tenant pays for electricity. Landlord pays all other utilities for Apartment 1 and 2. Apartment 3: Leased through 5/14/2022, $500 per month including all utilities. Landlord provides snow removal for all units.

Last Listed By

KRISTINE WEIDNER (JUKURI)

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

CENTURY 21 AFFILIATED

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $608

Year Built

  • Built in 1920

Lot Details

  • 7,405

Parking

  • 3 Car Parking Spaces

Utilities

  • Forced Air Heating System
  • Internet Available

Additional Features

  • Basement Fills Entire Space Under The House
  • 7,405 Sq Ft Lot

Community Details

  • 3 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 31-006-162-004-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$608

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Year Built: 1920
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement Type: Full
  • Estimated Sq Ft: 2176

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: Forced Air
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 31-006-162-004-00
  • Lot Dimensions: 50x155+/-
  • Acreage: 0.17
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2021

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jul 7, 2021
Sold by
Gold Medal Rentals Llc
Bought by
Clark Christine
Seller's Agent
KRISTINE WEIDNER (JUKURI)
CENTURY 21 AFFILIATED
Buyer's Agent
Greg Oestreich
CENTURY 21 AFFILIATED
List Price
$125,000
Sold Price
$127,000
Premium/Discount to List
$2,000
1.6%
Total Days on Market
13
Current Estimated Value
$170,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,805
Avg. Annual Appreciation
8.25%
Original Mortgage
$95,250
Outstanding Balance
$88,060
Interest Rate
2.87%
Mortgage Type
Construction
Estimated Equity
$83,993

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
Clark Christine $127,000 Keweenaw Title Agcy
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clark Christine $95,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2021 07/07/21 Sold $127,000 +1.6% $58 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $125,000 -- $57 / 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 $608 $56,419 $0 $0
2023 $579 $47,864 $0 $0
2022 $2,337 $44,708 $0 $0
2021 $2,176 $42,787 $0 $0
2020 $2,323 $43,902 $0 $0
2019 $2,238 $47,505 $0 $0
2018 $2,206 $40,097 $0 $0
2017 $2,107 $41,639 $0 $0
2016 -- $38,480 $0 $0
2015 -- $38,480 $0 $0
2014 -- $37,578 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Oestreich

    Buyer's Agent in 2021

    Greg Oestreich

    CENTURY 21 AFFILIATED

    (906) 281-6020

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072507

Upper Peninsula Association of REALTORS®

APN: 006-162-004-00

Michigan Houghton County Hancock 49930

20967 E Second, Hancock, MI

Homes for Sale in Hancock, MI

This home is located at 20967 E Second, Hancock, MI 49930 since 04 May 2021 and is currently estimated at $170,805, approximately $78 per square foot. This property was built in 1920. 20967 E Second 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.