NOT LISTED FOR SALE

Estimated Value: $253,107

Studio
-- Bath
5,040 Sq Ft
$50/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2021

Last sale price $200,000 $40 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,764 / mo

15 Days on Market

About This Home

As of October 2021

COMMERCIAL INVESTMENT OPPORTUNITY.......a solid historic building in the heart of the business district of Hancock..with a retailrental space, main level two-bedroom apartment and two upper level two-bedroom apartments.....one of the upper units could actually beconsidered as three sleeping rooms. The apartments are partially furnished and include appliances. The revenue has been strong andsteady and can be anticipated to continue for a new owner. There is additionally a garage and great amount of storage space. Themaintenance has been ongoing.......with the furnace having been installed in 2004...the roof has also been replaced in recent years..

Last Agent to Sell the Property

Karen Lahti

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 08/26/2021

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

KRISTINE WEIDNER (JUKURI)

CENTURY 21 AFFILIATED License #UPAR-6502319714

CENTURY 21 AFFILIATED

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1893

Lot Details

  • 3,049

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Siding

Utilities

  • Cooling System Mounted To A Wall/Window
  • Hot Water Heating System
  • Internet Available

Additional Features

  • Basement Fills Entire Space Under The House
  • 3,049 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 3105101200650

Property Details

Home Type

Multi-Family

Year Built

Built in 1893

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Total Tax Year: 2021
  • Year Built: 1893
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement Type: Full

Exterior Features

  • Construction: Stone
  • Roads: City/County, Year Round

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Spaces: 2

Utilities

  • Water: Public Water
  • Cooling System: Wall/Window A/C
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 3105101200650
  • Lot Dimensions: 28 x 120*to be verified
  • Acreage: 0.07
  • Geo Subdivision: MI

Multi Family

  • Total Units: 4

Tax Info

  • Total Tax: Year: 2021

MLS Schools

  • School District: Hancock Public Schools

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/28/2021 10/28/21 Sold $200,000 -19.7% $40 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $249,000 -- $49 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,750 $118,721 $0 $0
2025 $4,381 $110,000 $0 $0
2024 $42 $102,054 $0 $0
2023 $4,077 $93,155 $0 $0
2022 $4,344 $68,370 $0 $0
2021 $2,911 $73,706 $0 $0
2020 $2,874 $72,234 $0 $0
2019 $2,838 $75,643 $0 $0
2018 $2,712 $66,646 $0 $0
2017 $2,620 $66,551 $0 $0
2016 -- $43,895 $0 $0
2015 -- $43,895 $0 $0
2014 -- $42,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072660

Upper Peninsula Association of REALTORS®

APN: 051-012-006-50

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