NOT LISTED FOR SALE

404 Hancock St Hancock, MI 49930

Estimated Value: $342,462

-- Bed
3 Baths
4,845 Sq Ft
$71/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $215,000 $44 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,249/month

228 Days on Market

Highlights

  • Fireplace
  • Shed
  • Laundry Facilities
  • Porch
  • Hot Water Heating System
  • 5-minute walk to Porvoo Park

About This Home

As of September 2018

It is a great investment opportunity with great monthly income! This huge house has a good history of tenants which have been students at Finlandia University and/or Michigan Technological University. The house has 10 bedrooms (easily converted to 12) and 4 bathrooms with 3 laundries and 4,800 sf. Formal dining room, updated kitchen, significant remodeling of lower level. Plenty of parking. Zoned B-2 Community Business District. Across from Montezuma Park in downtown Hancock, near hiking and biking trail. View of Portage Lake. Turnkey purchase, buy it and you will begin generating instant income. Some original features including woodwork, beamed ceiling, hardwood floors and built-in features still remain and add to the charm! Note: Square footage includes all 4 levels. Parking space total is an estimate and varies depending on size of cars and is based on cars parking in tandem in some areas. Also listed under MLS 1105919 and MLS 1105920. This property is a rental property. Please inqu

Last Agent to Sell the Property

KRISTINE WEIDNER (JUKURI)

CENTURY 21 AFFILIATED License #UPAR-6502319714 Listed on: 12/20/2017

CENTURY 21 AFFILIATED

Last Buyer's Agent

Karen Lahti

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

RE/MAX DOUGLASS R.E.-H

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,190

Lot Details

  • 7,841

Parking

  • 3 Car Parking Spaces

Home Design

  • Wood Siding

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Shed
  • Porch

Utilities

  • Hot Water Heating System
  • Internet Available

Additional Features

  • Fireplace
  • 7,841 Sq Ft Lot

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 31-051-280-001-50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,190

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
  • Sub Structure Types: Shed
  • Total Tax Year: 2017
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Fireplace: Yes
  • Basement: Yes
  • Basement Type: Full, Walk Out
  • Estimated Sq Ft: 4845

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch
  • Lake Name: Portage Lake View
  • Roads: City/County

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

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

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 31-051-280-001-50
  • Lot Dimensions: 107x75+/-
  • Acreage: 0.18
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2017

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2017
Closed on
Sep 21, 2018
Sold by
Quality Rentals Of Hancock L
Bought by
Williams Joseph Llc
Seller's Agent
KRISTINE WEIDNER (JUKURI)
CENTURY 21 AFFILIATED
Buyer's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
List Price
$249,000
Sold Price
$215,000
Premium/Discount to List
-$34,000
-13.65%
Current Estimated Value
$342,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,462
Avg. Annual Appreciation
6.81%

Purchase Details

Closed on
May 13, 2005
Sold by
Nominelli Gregg
Bought by
Nominelli Gregg
Source: Public Records

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
Williams Joseph Llc $559,980 Attorney Only
Nominelli Gregg $78,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $215,000 -13.7% $44 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
12/20/2017 12/20/17 For Sale $249,000 -- $51 / 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
2025 $5,190 $139,257 $0 $0
2024 $4,864 $123,117 $0 $0
2023 $4,669 $109,797 $0 $0
2022 $4,974 $93,269 $0 $0
2021 $4,814 $75,781 $0 $0
2020 $5,288 $81,677 $0 $0
2019 $5,221 $81,611 $0 $0
2018 $3,274 $58,189 $0 $0
2017 $3,163 $65,630 $0 $0
2016 -- $53,180 $0 $0
2015 -- $53,180 $0 $0
2014 -- $51,135 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • KRISTINE WEIDNER (JUKURI)

    Seller's Agent in 2018

    KRISTINE WEIDNER (JUKURI)

    CENTURY 21 AFFILIATED

    (906) 281-1848

    77 in this area

    598 Total Sales

    KRISTINE WEIDNER (JUKURI)
    Section Image
  • Karen Lahti

    Buyer's Agent in 2018

    Karen Lahti

    RE/MAX DOUGLASS R.E.-H

    (906) 370-4045

    23 in this area

    331 Total Sales

    Karen Lahti
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071936

Upper Peninsula Association of REALTORS®

APN: 051-280-001-50

Michigan Houghton County Hancock 49930

404 Hancock St, Hancock, MI

This home is located at 404 Hancock St, Hancock, MI 49930 since 20 December 2017 and is currently estimated at $342,462, approximately $70 per square foot. 404 Hancock St 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.

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