NOT LISTED FOR SALE

419 Michigan St Hancock, MI 49930

Hancock Area

Estimated Value: $208,149

Studio
5 Baths
2,800 Sq Ft
$74/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2012

Last sale price $88,000 $31 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,459 / mo

305 Days on Market

About This Home

As of April 2012

MULTI-UNIT INCOME PROPERTY....nice units, well-maintained with high standards....great opportunity to 'Make It Your Business".....excellent rental history As of 1/17/12, Unit #2 is being renovated.....rental rate can be determined by new owner.....other units rent for $370/ month plus electric.... Unit #4 is vacant and being advertised...$370/mos also...anticipating renter in 2/12.

Last Agent to Sell the Property

Karen Lahti

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 04/24/2011

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Karen Lahti

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 04/24/2011

RE/MAX DOUGLASS R.E.-H

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50x100

Parking

  • 3 Car Parking Spaces

Additional Features

  • 2-Story Property
  • Forced Air Heating System

Community Details

  • 5 Units

Listing and Financial Details

  • Assessor Parcel Number 31 051 613 022 50

Property Details

Home Type

Multi-Family

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Total Tax Year: 2010
  • Year Built: 19
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

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

Lot Info

  • Assessor Parcel Number: 31 051 613 022 50
  • Lot Dimensions: 50x100
  • Acreage: 0.11
  • Geo Subdivision: MI

Multi Family

  • Total Units: 5

Tax Info

  • Total Tax: Year: 2010

MLS Schools

  • School District: Hancock Public Schools

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2011
Closed on
Mar 26, 2012
Seller's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
List Price
$1,040,500
Sold Price
$88,000
Premium/Discount to List
-$952,500
-91.54%
Current Estimated Value
$208,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,149
Avg. Annual Appreciation
6.16%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hancock, MI

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Purchase 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 Buyer Sale Price Title Company
$88,000 --
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
04/02/2012 04/02/12 Sold $88,000 -91.5% $31 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
04/24/2011 04/24/11 For Sale $1,040,500 -- $372 / 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 $3,806 $117,412 $0 $0
2025 $3,510 $108,601 $0 $0
2024 $34 $101,123 $0 $0
2023 $3,267 $81,856 $0 $0
2022 $3,481 $63,614 $0 $0
2021 $3,369 $59,544 $0 $0
2020 $3,326 $53,996 $0 $0
2019 $3,284 $52,918 $0 $0
2018 $3,138 $53,318 $0 $0
2017 $3,032 $51,659 $0 $0
2016 -- $50,982 $0 $0
2015 -- $50,982 $0 $0
2014 -- $49,021 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10070997

Upper Peninsula Association of REALTORS®

APN: 051-613-022-50

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