NOT LISTED FOR SALE

54760 State Highway M203 Hancock, MI 49930

Estimated Value: $407,664 - $455,000

5 Beds
3 Baths
2,770 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 04, 2022

Last sale price $337,000 $122 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,529/month

6 Days on Market

Highlights

  • Sauna
  • Deck
  • Ranch Style House
  • Bluff on Lot
  • Wooded Lot
  • Radiant Floor

About This Home

As of October 2022

Country living at its finest. Enter into this spacious ranch home and notice the gleaming maple hardwood floors throughout the main floor. The main floor features a bright kitchen with granite counter tops, tiled backsplash, snack bar, pantry and newer stainless appliances. This flows to the open dining area and living area. The bedrooms on the main floor are all a nice size with closets and a master with a 3/4 bath. You will have great sunset views from most rooms on this end of the home. On the west side of the main floor is an office or sitting room space, a single toilet, huge laundry room and a mud room off of the garage entrance with multiple lockers and shelving to keep all of your gear organized. The walkout basement features 2 more bedrooms with closets, an amazing updated bath with an 8x8 walk-in tiled shower. A family room and tons of storage rooms and space. Some of this space could be easily finished for additional bedrooms or office space. A new propane furnace was installed in 2020, a supplemental wood burning system is in the garage for those that enjoy burning wood. Sellers use Starlink for their internet service and are very satisfied with it. The 5.5+ acres offers lots of hiking, apple trees and gardens. This can all be viewed from the huge tiered deck, great for entertaining. A detached sauna building has a shower, toilet and changing room. Located across from the Lily Pond for water access or boating and just a short ride to the beach at McLain State Park. This property offers if all.

Last Agent to Sell the Property

Ginger Stroube

RE/MAX DOUGLASS R.E.-H License #UPAR-6502120021 Listed on: 08/16/2022

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Brian Rimpela

CENTURY 21 AFFILIATED License #UPAR-6501420747

CENTURY 21 AFFILIATED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1997

Lot Details

  • 5.67 Acre Lot
  • Lot Dimensions are 343x777
  • Rural Setting
  • Bluff on Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Garden

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Masonite

Interior Spaces

  • Central Vacuum
  • Ceiling Fan
  • Entryway
  • Family Room
  • Living Room
  • Sauna

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Heating System Uses Propane
  • Liquid Propane Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 007-134-010-85

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,829

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Total Tax Amount: 3399
  • Total Tax Year: 2021
  • Year Built: 1997
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Hardwood Floors
  • Appliances: Central Vacuum, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Block, Finished, Full, Walk Out
  • Bedrooms: 5
  • Bedroom 1: On Main Floor, Dimensions: 11 x 12
  • Bedroom 1 Floor Covering: Wood
  • Bedroom 2: On Main Floor, Dimensions: 11 x 12
  • Bedroom 2 Floor Covering: Wood
  • Bedroom 3: On Main Floor, Dimensions: 11 x 10
  • Bedroom 3 Floor Covering: Wood
  • Bedroom 4: On Lower Floor, Dimensions: 9 x 9
  • Bedroom 4 Floor Covering: Carpet
  • Bedroom 5: On Lower Floor, Dimensions: 10 x 12
  • Bedroom 5 Floor Covering: Carpet
  • Full Bathrooms: 3
  • Total Bathrooms: 4
  • Bathroom 1: Dimensions: 6 x 8, On Level: Main, Flooring: Ceramic
  • Bathroom 2: Dimensions: 4 x 8, On Level: Main, Flooring: Ceramic
  • Bathroom 3: Dimensions: 12 x 9, On Level: Lower, Flooring: Ceramic
  • Room Types: Entry, Family Room, First Floor Laundry, First Flr Primary Bedroom, Living Room, Basement Full Bath
  • Dining Room: On Main Floor, Dimensions: 12 x 14
  • Dining Room Floor Covering: Wood
  • Family Room: In Basement, Dimensions: 13 x 14
  • Family Room Floor Covering: Carpet
  • Kitchen: On Main Floor, Dimensions: 13 x 12
  • Kitchen Floor Covering: Wood
  • Laundry: On Main Floor, Dimensions: 12 x 9
  • Laundry Room Floor Covering: Ceramic
  • Living Room: On Main Floor, Dimensions: 15 x 16
  • Living Room Floor Covering: Wood
  • Other Room1: Dimensions: 10x10, On Level: Main, Flooring: Wood
  • Below Grade Sq Ft: 1320
  • Finished Below Grade Sq Ft: 922
  • Half Bathrooms: 1
  • Above Grade Finished Sq Ft: 1848
  • Total Finished Sq Ft: 2770

Exterior Features

  • Exterior: Masonite
  • Exterior Features: Deck, Garden Area
  • Foundation: Basement
  • Frontage: 343
  • Road: City/County, Year Round
  • Out Buildings: Sauna
  • Frontage Type: Road

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 2
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air, Radiant Floor
  • Heating Fuel: LP/Propane Gas, Wood
  • Sewer: Septic
  • Water: Private Well
  • Water Heater: Propane Hot Water
  • Cooling: Ceiling Fan(s), Central A/C

Lot Info

  • Assessor Parcel Number: 007-134-010-85
  • Lot Dimensions: 343x777
  • Acreage: 5.67
  • Geo Subdivision: MI
  • Site/Lot Features: Rural, Rolling/Hilly, Wooded, Bluff

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,273.00
  • Winter Tax: Year: 2021, Amount: $2,126.00
  • Total Tax: Year: 2021, Amount: $3,399.00

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Sep 30, 2022
Sold by
Bolen Kyle
Bought by
Paulson Todd R
Seller's Agent
Ginger Stroube
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Brian Rimpela
CENTURY 21 AFFILIATED
List Price
$330,000
Sold Price
$337,000
Premium/Discount to List
$7,000
2.12%
Views
1
Current Estimated Value
$430,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,290
Avg. Annual Appreciation
9.08%
Original Mortgage
$306,000
Outstanding Balance
$297,650
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$133,682

Purchase Details

Closed on
May 13, 2019
Sold by
Karagiannakis Jon T and Karagiannakis Amanda A
Bought by
Bolen Kyle and Dupuis Colleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 10, 2015
Bought by
Karagiannakis Jon T and Karagiannakis Amanda A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paulson Todd R $337,000 Transnation Title Agency
Bolen Kyle $232,000 Attorney Only
Karagiannakis Jon T $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulson Todd R $306,000
Previous Owner Bolen Kyle $82,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2022 10/04/22 Sold $337,000 +3.7% $122 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $325,000 -1.5% $117 / Sq Ft
08/16/2022 08/16/22 For Sale $330,000 -- $119 / 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
2024 $1,829 $158,500 $0 $0
2023 $1,744 $141,300 $0 $0
2022 $3,415 $112,600 $0 $0
2021 $3,399 $102,600 $0 $0
2020 $3,423 $103,309 $0 $0
2019 $3,696 $129,891 $0 $0
2018 $3,635 $108,297 $0 $0
2017 $3,413 $107,835 $0 $0
2016 -- $104,933 $0 $0
2015 -- $97,672 $0 $0
2014 -- $92,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50086879

Upper Peninsula Association of REALTORS®

APN: 007-134-010-85