NOT LISTED FOR SALE

505 Elevation St Hancock, MI 49930

Estimated Value: $96,842

4 Beds
1 Bath
1,326 Sq Ft
$73/Sq Ft Est. Value

Last Sold July 08, 2015

Last sale price $52,000 $39 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $663/month

53 Days on Market

Highlights

  • 1 Car Detached Garage
  • Hot Water Heating System
  • Wood Siding
  • Porch

About This Home

As of July 2015

Excellent investment property or nice starter home. Spacious home has original woodwork, hardwood floors and leaded glass windows. Living room, dining room, and large eat-in kitchen on the main floor. Three sizable bedrooms and full bath on the 2nd floor. Walk-up attic is 4th bedroom. Enclosed front porch makes a great mud room or 3-season room. Private deck off the back of the kitchen great for barbecues or enjoying summer weather. Not much yard to maintain-- a plus! Parking pad to the right of the house fits 2 cars. Garage across the street fits 1 car inside and another in driveway. Within walking distance to Finlandia, trail system, and downtown Hancock. A short drive to MTU. SEMCO monthly budget amount is $67.00.

Last Agent to Sell the Property

Gretchen Janssen

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 04/26/2015

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Chris Deforge

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

RE/MAX DOUGLASS R.E.-H

Home Details

Home Type

  • Single Family

Lot Details

  • 4,356

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1,326 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Internet Available

Additional Features

  • Porch
  • 4,356 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 3105140201600, 3105161502600 (

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Total Tax Year: 2014
  • Year Built: 19
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Range/Oven
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 11 x 11
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 11
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 10
  • Bedroom 4: On 3rd Floor, Dimensions: 9 x 9
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Second
  • Dining Room: On 1st Floor, Dimensions: 13 x 12
  • Kitchen: On 1st Floor, Dimensions: 16 x 11
  • Living Room: On 1st Floor, Dimensions: 12 x 11
  • Below Grade Sq Ft: 690
  • Above Grade Finished Sq Ft: 1326
  • Total Finished Sq Ft: 1326

Exterior Features

  • Exterior: Wood
  • Exterior Features: Porch
  • Foundation: Basement

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 1
  • Garage: Yes

Utilities

  • Heating: Hot Water
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 3105140201600, 3105161502600 (
  • Lot Dimensions: 50x50 & 50x50x34x37
  • Acreage: 0.1
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2014

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2015
Closed on
Jul 8, 2015
Sold by
Thomas David W and Thomas Kathryn
Bought by
Hancock Rentals Llc
Seller's Agent
Gretchen Janssen
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Chris Deforge
RE/MAX DOUGLASS R.E.-H
List Price
$58,000
Sold Price
$52,000
Premium/Discount to List
-$6,000
-10.34%
Current Estimated Value
$96,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,842
Avg. Annual Appreciation
6.11%
Original Mortgage
$170,000
Outstanding Balance
$132,556
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
-$35,714

Purchase Details

Closed on
Dec 29, 2010
Bought by
Thomas David and Thomas Kathryn
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
Hancock Rentals Llc $52,100 Keweenaw Title Agcy
Thomas David $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hancock Rentals Llc $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2015 07/08/15 Sold $52,000 -10.3% $39 / Sq Ft
06/18/2015 06/18/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $58,000 -- $44 / 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 $1,866 $61,117 $0 $0
2024 $1,810 $53,554 $0 $0
2023 $1,737 $45,281 $0 $0
2022 $1,851 $35,802 $0 $0
2021 $1,791 $31,528 $0 $0
2020 $1,768 $28,688 $0 $0
2019 $1,746 $28,357 $0 $0
2018 $1,669 $27,852 $0 $0
2017 $1,612 $26,106 $0 $0
2016 -- $28,213 $0 $0
2015 -- $28,057 $0 $0
2014 -- $26,978 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10017987

Upper Peninsula Association of REALTORS®

APN: 051-402-016-00