NOT LISTED FOR SALE

54351 Salo Rd Hancock, MI 49930

Estimated Value: $55,009 - $136,000

-- Bed
-- Bath
1,825 Sq Ft
$54/Sq Ft Est. Value

Last Sold January 08, 2015

Last sale price $20,000 $11 Per Sq Ft

Est. 390% increase in value since last sale

Current estimated payment $577/month

139 Days on Market

About This Home

As of January 2015

Own a piece of history! The Salo Township schoolhouse from 1905 could be converted into a charming and unique home. The school closed in 1945 and the building was used for township offices. This idyllic location offers a quiet, country atmosphere yet you are just a few minutes from town. This historic building features original chalk boards, hard wood floors, beautiful wainscoting, bead board cabinets in entry way (used to store school books back in the day), coat hooks in front room, full basement. All windows have screens. Newer roof over back entry way. 10' oak trestle table, piano, and unattached blackboard included as they were used when the building was still a school. There is an older oil furnace that is currently inoperable. No well or septic on property.

Last Agent to Sell the Property

Gretchen Janssen

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 08/04/2014

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Harold Rapson

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $518

Year Built

  • Built in 1905

Lot Details

  • 0.62 Acre Lot
  • Lot Dimensions are 185x144

Home Design

  • Asphalt

Interior Spaces

  • 1-Story Property
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Assessor Parcel Number 3100713501000

Home Details

Home Type

Single Family

Est. Annual Taxes

$518

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Total Tax Year: 2014
  • Year Built: 1905
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Full
  • Below Grade Sq Ft: 1025
  • Finished Below Grade Sq Ft: 800
  • Above Grade Finished Sq Ft: 1025
  • Total Finished Sq Ft: 1825

Exterior Features

  • Exterior: Asphalt
  • Foundation: Basement

Garage/Parking

  • Garage: No

Utilities

  • Sewer: None
  • Water: None

Lot Info

  • Assessor Parcel Number: 3100713501000
  • Lot Dimensions: 185x144
  • Acreage: 0.62
  • 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
Aug 4, 2014
Closed on
Jan 8, 2015
Bought by
Gall Keith A and Gall Michelle A
Seller's Agent
Gretchen Janssen
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Harold Rapson
NORTHERN MICHIGAN LAND BROKERS - H
List Price
$39,900
Sold Price
$20,000
Premium/Discount to List
-$19,900
-49.87%
Current Estimated Value
$98,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,003
Avg. Annual Appreciation
15.90%
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Gall Keith A $20,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2015 01/08/15 Sold $20,000 -49.9% $11 / Sq Ft
12/21/2014 12/21/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $39,900 -- $22 / 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 $518 $17,200 $0 $0
2024 $135 $13,700 $0 $0
2023 $129 $12,000 $0 $0
2022 $500 $10,200 $0 $0
2021 $492 $9,600 $0 $0
2020 $527 $10,863 $0 $0
2019 $519 $10,540 $0 $0
2018 $509 $9,862 $0 $0
2017 $486 $9,983 $0 $0
2016 -- $9,548 $0 $0
2015 -- $9,281 $0 $0
2014 -- $9,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gretchen Janssen

    Seller's Agent in 2015

    Gretchen Janssen

    RE/MAX DOUGLASS R.E.-H

    (906) 370-4738

    179 Total Sales

    Gretchen Janssen
    Section Image

  • H

    Buyer's Agent in 2015

    Harold Rapson

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 231-3127

    25 Total Sales

    Harold Rapson
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10015192

Upper Peninsula Association of REALTORS®

APN: 007-135-010-00

Michigan Houghton County Hancock 49930

54351 Salo Rd, Hancock, MI

This home is located at 54351 Salo Rd, Hancock, MI 49930 since 04 August 2014 and is currently estimated at $98,003, approximately $53 per square foot. This property was built in 1905. 54351 Salo Rd 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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