NOT LISTED FOR SALE

320 Hancock St Hancock, MI 49930

Estimated Value: $118,915

Studio
1 Bath
2,720 Sq Ft
$44/Sq Ft Est. Value

Last Sold June 13, 2018

Last sale price $75,000 $28 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $867/month

728 Days on Market

Highlights

  • 1 Car Detached Garage
  • Laundry Facilities
  • 4-minute walk to Porvoo Park
  • Forced Air Heating System

About This Home

As of June 2018

Great Investment income producing opportunity! This income generating duplex on two lots is a great opportunity to add to your holdings or start out owning a great rental! Two large 2 to 3 bedroom (one walk-through) with one full bath apartments that are roomy and comfortable. Great separate entries with lots of room for coats and boots! These apartments have more than ample storage plus the full basement, private to each side. Each has laundry facilities in the basement. Many updates, convenient layout. 318 side remodeled 5 years ago, East side reroofed last year. Great back yard, plenty of paved parking space. Close to Finlandia University, Michigan Tech, Montezuma Park and Downtown shopping. Detached single garage with new door, new roof and paint.

Last Agent to Sell the Property

Lisa McKenzie

STATE WIDE OF HOUGHTON License #UPAR Listed on: 04/19/2016

Last Buyer's Agent

Ginger Stroube

RE/MAX DOUGLASS R.E.-H License #UPAR-6502120021

RE/MAX DOUGLASS R.E.-H

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

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

Parking

  • 1 Car Detached Garage

Interior Spaces

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

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 3105101000800

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

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: 1940
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Lake Name: Portage Canal
  • Roads: City/County

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 1

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: 3105101000800
  • 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

Listed on
Apr 19, 2016
Closed on
Jun 12, 2018
Sold by
Jordan Ruth E
Bought by
Bywater Properties Llc
Seller's Agent
Lisa McKenzie
STATE WIDE OF HOUGHTON
Buyer's Agent
Ginger Stroube
RE/MAX DOUGLASS R.E.-H
List Price
$92,500
Sold Price
$75,000
Premium/Discount to List
-$17,500
-18.92%
Current Estimated Value
$118,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,915
Avg. Annual Appreciation
6.23%

Purchase Details

Closed on
Nov 30, 2005
Bought by
Jordan Michael and Jordan Ruth
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bywater Properties Llc $75,000 Attorney Only
Jordan Michael $72,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2018 06/13/18 Sold $75,000 -18.9% $28 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/19/2016 04/19/16 For Sale $92,500 -- $34 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $2,831 $80,740 $0 $0
2024 $27 $69,684 $0 $0
2023 $2,636 $61,566 $0 $0
2022 $2,808 $52,910 $0 $0
2021 $2,717 $42,925 $0 $0
2020 $2,683 $45,210 $0 $0
2019 $2,649 $41,406 $0 $0
2018 $2,520 $44,250 $0 $0
2017 $2,434 $50,637 $0 $0
2016 -- $40,938 $0 $0
2015 -- $40,938 $0 $0
2014 -- $39,363 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lisa McKenzie

    STATE WIDE OF HOUGHTON

    (906) 370-3453

    4 in this area

    23 Total Sales

    Lisa McKenzie
    Section Image
  • Ginger Stroube

    Buyer's Agent in 2018

    Ginger Stroube

    RE/MAX DOUGLASS R.E.-H

    (906) 370-3574

    47 in this area

    169 Total Sales

    Ginger Stroube
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071775

Upper Peninsula Association of REALTORS®

APN: 051-010-008-00

Michigan Houghton County Hancock 49930

320 Hancock St, Hancock, MI

Not Listed for Sale

MultiFamily

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