Seller's Agent in 2022
Karen Lahti
RE/MAX DOUGLASS R.E.-H
(906) 370-4045
23 in this area
347 Total Sales
514 Michigan St Hancock, MI 49930
Estimated Value: $155,691
7
Beds
3
Baths
2,526
Sq Ft
$62/Sq Ft
Est. Value
Highlights
- Wooded Lot
- Wood Flooring
- Corner Lot
About This Home
As of August 2022Multi-unit rental opportunity in Hancock, on a nice corner lot with a parking lot for all vehicles......the units are in a townhouse style...with units 1 and 2 each having a main floor and upstairs.....unit 3 is a basement apartment with ground floor access...the home has has some nice woodwork and living floor space...water and heat are included in the current rental rates, each tenant pays their own power. Unit 1 is vacant as of early August and Unit 2 expects to vacate in November...Unit 3 plans to remain. There has been a good rental history in the building. The seller has just completed repairs to the front porch deck and railing , and the front porch roof was replaced and back porch door repaired...
Last Agent to Sell the Property
RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 08/01/2022
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $2,973
Year Built
- Built in 1900
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 88x100
- Corner Lot
- Sloped Lot
- Wooded Lot
Parking
- 3 Car Parking Spaces
Interior Spaces
- 2-Story Property
- Wood Flooring
- Oven or Range
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Basement Storage
Utilities
- Boiler Heating System
- Separate Meters
- Electric Water Heater
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 31 051 616 031 00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2022
Closed on
Aug 26, 2022
Sold by
Isaacson Mary R E L Tr
Bought by
Nagel Jonathon
Seller's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Craig Heinonen
COLDWELL BANKER SCHMIDT REALTORS
List Price
$139,500
Sold Price
$135,000
Premium/Discount to List
-$4,500
-3.23%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,691
Avg. Annual Appreciation
4.45%
Purchase Details
Closed on
Mar 13, 1995
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nagel Jonathon | $135,000 | M&M Title | |
| -- | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2022 08/29/22 | Sold | $135,000 | -3.2% | $53 / Sq Ft |
| 08/10/2022 08/10/22 | Pending | -- | -- | -- |
| 08/01/2022 08/01/22 | For Sale | $139,500 | -- | $55 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Tax History Compared to Growth
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 | $2,973 | $93,722 | $0 | $0 |
| 2024 | $2,973 | $83,481 | $0 | $0 |
| 2023 | $2,864 | $74,166 | $0 | $0 |
| 2022 | $1,825 | $58,784 | $0 | $0 |
| 2021 | $1,766 | $46,110 | $0 | $0 |
| 2020 | $1,744 | $45,687 | $0 | $0 |
| 2019 | $1,722 | $42,903 | $0 | $0 |
| 2018 | $1,646 | $39,742 | $0 | $0 |
| 2017 | $1,590 | $40,006 | $0 | $0 |
| 2016 | -- | $29,895 | $0 | $0 |
| 2015 | -- | $29,895 | $0 | $0 |
| 2014 | -- | $28,745 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Lahti
-
Craig Heinonen
Buyer's Agent in 2022
Craig Heinonen
COLDWELL BANKER SCHMIDT REALTORS
(906) 231-3635
9 in this area
392 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50084909
APN: 051-616-031-00
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