$142,500
SOLD NOV 10, 2016

640 Lake Ave Hancock, MI 49930

4 Beds
1 Bath
1,800 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$79 Per Sq Ft

2% Below List Price

53 Days on Market

Highlights

  • Sauna
  • Hot Water Heating System
  • Wood Siding
  • 3 Car Attached Garage

About This Home

As of November 2017

Outstanding sky-wide views over the Portage Waterway from the private back deck of this well-maintained home. A wall of windows to the south draws the great outdoors inside for all-season sunlight and fresh air. Modernized floor plan in living areas flows from one room to the next in a natural, easy way. Newer three-car garage with ample storage is designed for the mechanic or serious hobbyist, as is the nice basement workshop layout. Basement has a toilet along with a shower in the Cedar-lined sauna. Cast iron hot water heat, super-durable EPDM rubber roof are among the top-end finishing touches in this home. Perfect location, sited on the bluff over the waterway with walking access over public land to the water for fishing and swimming, and within easy walking distance of the conveniences of downtown Hancock. A quick drive over the lift bridge brings you to the city of Houghton and Michigan Tech campus. It may be possible to combine the two lake side upstairs bedrooms into one as the wall in-between is non load bearing.

Last Agent to Sell the Property

Adam Taivalkoski

SAVU REALTY License #UPAR-6501382950 Listed on: 09/12/2016

Last Buyer's Agent

Karen Lahti

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

RE/MAX DOUGLASS R.E.-H

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,054

Year Built

  • Built in 1910

Lot Details

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

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Siding
  • Stucco

Interior Spaces

  • 2-Story Property
  • Sauna
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 31-051-300-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,054

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 2 Story
  • Year Built: 1910
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Spa/Sauna
  • Appliances: Dishwasher, Disposal, Range/Oven
  • Basement: Yes
  • Basement: Full
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 11 x 10
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 13
  • Bedroom 3: On 2nd Floor, Dimensions: 10 x 15
  • Bedroom 4: On 2nd Floor, Dimensions: 9 x 11
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Second
  • Breakfast Nook: On 1st Floor, Dimensions: 12 x 12
  • Family Room: On 1st Floor, Dimensions: 12 x 13
  • Kitchen: On 1st Floor, Dimensions: 11 x 14
  • Living Room: On 1st Floor, Dimensions: 12 x 23
  • Below Grade Sq Ft: 411
  • Finished Below Grade Sq Ft: 1800
  • Above Grade Finished Sq Ft: 1800
  • Total Finished Sq Ft: 1800

Exterior Features

  • Exterior: Wood, Stucco
  • Foundation: Basement
  • Lake Name: Portage Canal
  • Road: City/County

Garage/Parking

  • Garage: Attached Garage
  • Garage Spaces: 3
  • Garage: Yes

Utilities

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

Lot Info

  • Assessor Parcel Number: 31-051-300-001-00
  • Lot Dimensions: 50x100
  • Acreage: 0.11
  • Geo Subdivision: MI

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Nov 10, 2017
Sold by
Sandra Webb
Bought by
Hill Susan E and Bailey Sharon M
Seller's Agent
Karen Lahti
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Jack Larson
CENTURY 21 AFFILIATED
List Price
$162,000
Sold Price
$152,500
Premium/Discount to List
-$9,500
-5.86%
Current Estimated Value
$276,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,611
Avg. Annual Appreciation
7.50%
Original Mortgage
$122,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1995
Bought by
Laks Peter
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $152,500 Copper Range Abs & Title
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $122,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2017 11/21/17 Sold $152,500 -5.9% $81 / Sq Ft
10/19/2017 10/19/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $162,000 +13.7% $86 / Sq Ft
11/10/2016 11/10/16 Sold $142,500 -1.7% $79 / Sq Ft
11/04/2016 11/04/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $145,000 -- $81 / 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 $3,054 $103,442 $0 $0
2024 $2,779 $97,857 $0 $0
2023 $2,678 $90,569 $0 $0
2022 $2,995 $72,751 $0 $0
2021 $2,898 $67,868 $0 $0
2020 $2,863 $65,006 $0 $0
2019 $2,833 $61,867 $0 $0
2018 $3,073 $69,181 $0 $0
2017 $2,998 $68,803 $0 $0
2016 -- $97,488 $0 $0
2015 -- $65,256 $0 $0
2014 -- $65,904 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10025189

Upper Peninsula Association of REALTORS®

APN: 051-300-001-00