$181,000
SOLD MAY 10, 2022

803 Elm St Hancock, MI 49930

-- Bed
-- Bath
3,040 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

3% Above List Price

7 Days on Market

Highlights

  • Wood Flooring
  • Central Air
  • Hot Water Heating System
  • Porch
  • Ceiling Fan
  • Laundry Facilities

About This Home

As of May 2022

This is a nicely maintained duplex only a block from Finlandia University and close to grocery stores, schools, hospital, neighborhood park, the waterfront/beach and downtown Hancock. Both units have access from the front and back of home. The main floor unit has 1 bedroom, kitchen, bathroom and access to the front enclosed porch. The upstairs unit has 2 levels. The first upper level has two bedrooms (the living room area could easily be a 3rd bedroom), full bath, and kitchen. Take the stairs to what used to be the attic and you will find 2 more bedrooms, a sitting area (which could also be a bedroom) and a 1/2 bath. Both attic bedrooms have A/C as well. From the back of both of the units you will find a stairwell to the shared laundry in the basement. The main floor unit has historically used the side of the house as parking and the upper unit has used the parking area accessed from the alley. There is a new parking pad off of the alley in the rear of the home (The alley is cleared of

Last Agent to Sell the Property

Jennifer Deephouse

STATE WIDE OF HOUGHTON License #UPAR Listed on: 03/09/2022

Last Buyer's Agent

Jennifer Deephouse

STATE WIDE OF HOUGHTON License #UPAR Listed on: 03/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,662

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50x118

Home Design

  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Hot Water Heating System
  • Internet Available
  • Satellite Dish

Community Details

  • 2 Units
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 31-051-404-013-01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,662

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Total Tax Year: 2021
  • Year Built: 1910
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Basement Type: Full
  • Estimated Sq Ft: 3040

Exterior Features

  • Construction: Wood
  • Exterior Features: Porch, Satellite Dish
  • Roads: City/County, Year Round

Utilities

  • Water: Public Water
  • Cooling System: Ceiling Fan(s), Central A/C
  • Fuel Type: Electric, Natural Gas
  • Heating System: Hot Water
  • Sewer/Septic System: Public Sanitary

Condo/Co-op/Association

  • Community Amenities: Laundry Facility

Lot Info

  • Assessor Parcel Number: 31-051-404-013-01
  • Lot Dimensions: 50x118
  • Acreage: 0.13
  • Geo Subdivision: MI

Tax Info

  • Total Tax: Year: 2021

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
May 6, 2022
Sold by
Selan Jeffrey M
Bought by
Leisher Paul
Seller's Agent
Jennifer Deephouse
STATE WIDE OF HOUGHTON
Buyer's Agent
Jennifer Deephouse
STATE WIDE OF HOUGHTON
List Price
$174,900
Sold Price
$181,000
Premium/Discount to List
$6,100
3.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$117,650
Outstanding Balance
$112,224
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$115,211

Purchase Details

Listed on
Jul 13, 2015
Closed on
Feb 7, 2017
Sold by
Koskela Robert M
Bought by
Selan Roberta L and Selan Jeffrey M
Seller's Agent
KRISTINE WEIDNER (JUKURI)
CENTURY 21 AFFILIATED
Buyer's Agent
Jennifer Deephouse
STATE WIDE OF HOUGHTON
List Price
$95,000
Sold Price
$76,000
Premium/Discount to List
-$19,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.01%
Original Mortgage
$57,000
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2006
Sold by
Abramson Elvie
Bought by
Koskela Robert
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
Deed $181,000 Transnation Title Agcy - Upper
Grant Deed $76,000 Copper Range Abs & Title
Deed $60,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $117,650 New Conventional
Previous Owner $57,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 Price Changed $259,000 -5.8% $85 / Sq Ft
06/09/2025 06/09/25 For Sale $275,000 +51.9% $90 / Sq Ft
05/10/2022 05/10/22 Sold $181,000 +3.5% $60 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $174,900 +130.1% $58 / Sq Ft
02/13/2017 02/13/17 Sold $76,000 -20.0% $34 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
07/13/2015 07/13/15 For Sale $95,000 -- $42 / 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 $3,662 $73,897 $0 $0
2023 $3,515 $61,881 $0 $0
2022 $2,743 $48,219 $0 $0
2021 $2,655 $45,340 $0 $0
2020 $2,621 $41,222 $0 $0
2019 $2,605 $40,719 $0 $0
2018 $2,490 $39,766 $0 $0
2017 $2,379 $38,530 $0 $0
2016 -- $47,712 $0 $0
2015 -- $47,712 $0 $0
2014 -- $45,877 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10072706

Upper Peninsula Association of REALTORS®

APN: 051-404-013-00