NOT LISTED FOR SALE

68 Hancock St Manistee, MI 49660

Estimated Value: $149,652 - $217,000

Studio
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold August 14, 2012

Last sale price $22,000

Est. 735% increase in value since last sale

Current estimated payment $1,059/month

221 Days on Market

Highlights

  • 1 Fireplace
  • Space Heater
  • Wood Siding

About This Home

As of August 2012

VIEWS OF MANISTEE LAKE from this very inexpensive duplex on a corner lot that is walking distance to just about everything. Invest in this location and let the renters make your payments. There is a driveway on the West side of the duplex for one off-street parking space. ROOF was replaced about 10 years ago but looks like new!! This property is registered with the City of Manistee as an official duplex. 2-bedroom downstairs (currentely $375/month) and 1-bedroom upstairs (currently $350/month). Leases are currently month-to-month. Renters pay heat and electric. Owner pays water, sewer and garbage. Live in one unit and rent out the other. Great investment strategy!

Last Agent to Sell the Property

Suzanne Riley

Boardwalk Manistee Inc License #6502331381 Listed on: 11/18/2011

Last Buyer's Agent

Jermaine Sullivan

Dwelling Realty - KW Northern Michigan License #6501365101

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 3,180 Sq Ft Lot
  • Lot Dimensions are 43 x 74

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1 Fireplace
  • Crawl Space

Parking

  • 1 Parking Space
  • Unpaved Driveway
  • Unpaved Parking

Utilities

  • Space Heater
  • Heating System Uses Natural Gas
  • Phone Available
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electric, gas
  • The owner pays for trash collection, water, sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

3,180 Sq Ft Lot

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • OfficeContract Info:List PriceSqFt2: 18.92
  • General Property Info:Lot Dimensions: 43 x 74
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: No
  • Tax Info:Annual Property Tax: 1371.0
  • Tax Info:Zoning3: Residential
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Roofing:Composition: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Driveway:Unpaved: Yes
  • Util Avail at Street:Cable2: Yes
  • Util Avail at Street:Telephone Line2: Yes
  • Substructure:Crawl Space: Yes
  • Heat Type:Space Heater: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement: Crawl Space
  • Basement: No

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 29900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Roof: Composition
  • Waterfront: No
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Unpaved
  • Total Parking Spaces: 1.0
  • General Property Info:Total Parking Spaces: 1.0

Utilities

  • Heating: Space Heater, Natural Gas
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Phone Available, Cable Available, Electric Connected

Lot Info

  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Dimensions: 43 x 74
  • Lot Size Sq Ft: 3180.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Trash Collection, Water, Sewer
  • Tenant Pays: Electric, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1371.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2011
Closed on
Aug 14, 2012
Sold by
Von Merveldt 2006 Trust
Bought by
Pajtas Michael
Seller's Agent
Suzanne Riley
Boardwalk Manistee Inc
Buyer's Agent
Jermaine Sullivan
Dwelling Realty - KW Northern Michigan
List Price
$29,900
Sold Price
$22,000
Premium/Discount to List
-$7,900
-26.42%
Current Estimated Value
$183,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,663
Avg. Annual Appreciation
16.91%

Purchase Details

Closed on
Jun 1, 2003
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pajtas Michael $22,000 --
-- $59,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2012 08/14/12 Sold $22,000 -26.4% --
06/26/2012 06/26/12 Pending -- -- --
11/18/2011 11/18/11 For Sale $29,900 -- --
Source: MichRIC

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 $1,373 $70,900 $0 $0
2024 $13 $67,000 $0 $0
2023 $1,292 $54,500 $0 $0
2022 $2,128 $45,300 $45,300 $0
2021 $2,069 $42,800 $42,800 $0
2020 $1,957 $37,800 $37,800 $0
2019 $1,932 $34,900 $34,900 $0
2018 $1,893 $37,200 $37,200 $0
2017 $1,854 $33,600 $33,600 $0
2016 $1,110 $32,800 $32,800 $0
2015 -- $30,600 $30,600 $0
2014 -- $31,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MichRIC

MLS Number: 11059417

MichRIC

APN: 51-448-717-01

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