NOT LISTED FOR SALE

805 Pine St Hancock, MI 49930

Estimated Value: $106,636

-- Bed
3 Baths
3,248 Sq Ft
$33/Sq Ft Est. Value

Last Sold December 09, 2015

Last sale price $100 $0 Per Sq Ft

Est. 106,536% increase in value since last sale

Current estimated payment $800/month

11 Days on Market

About This Home

As of December 2015

You can Win Win with a very motivated seller who is encouraging offers on this large 4 unit rental in Hancock. Located on two city lots near Finlandia. This building is in need of repair. There are two 2 bedroom units and two 3 bedrooms units in this sprawling building. Only one unit is currently available for rent and is rented. All other 3 units will need repairs done to be able to be rented. Good location and a great price.

Last Agent to Sell the Property

BARBARA PARKER

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 09/24/2015

RE/MAX DOUGLASS R.E.-H

Last Buyer's Agent

Gretchen Janssen

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

RE/MAX DOUGLASS R.E.-H

Property Details

Home Type

  • Multi-Family

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100

Parking

  • 3 Car Parking Spaces

Home Design

  • Asphalt

Interior Spaces

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

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Internet Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 05140500100

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 2 Story
  • Year Built: 19
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement Type: Full

Exterior Features

  • Construction: Asphalt
  • Exterior Features: Porch

Garage/Parking

  • Parking: 3 Or More Spaces

Utilities

  • Water: Public Water
  • Fuel Type: Electric, Natural Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 05140500100
  • Lot Dimensions: 100x100
  • Acreage: 0.23
  • Geo Subdivision: MI

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2015
Closed on
Dec 9, 2015
Sold by
Superior Natl Bk & Trust Co
Bought by
Portage Canal Ventures Llc
Seller's Agent
BARBARA PARKER
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Gretchen Janssen
RE/MAX DOUGLASS R.E.-H
List Price
$15,000
Sold Price
$100
Premium/Discount to List
-$14,900
-99.33%
Current Estimated Value
$106,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,536
Avg. Annual Appreciation
99.93%
Original Mortgage
$45,000
Outstanding Balance
$35,599
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$71,535

Purchase Details

Closed on
Dec 27, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Portage Canal Ventures Llc $57,500 Copper Range Abs & Title
-- $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Portage Canal Ventures Llc $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2015 12/09/15 Sold $100 -99.3% $0 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $15,000 -- $5 / 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 $2,899 $100,362 $0 $0
2024 $2,913 $92,082 $0 $0
2023 $2,795 $79,454 $0 $0
2022 $2,874 $62,190 $0 $0
2021 $2,782 $49,885 $0 $0
2020 $2,747 $49,445 $0 $0
2019 $2,712 $48,435 $0 $0
2018 $2,591 $41,395 $0 $0
2017 $2,574 $41,679 $0 $0
2016 -- $58,415 $0 $0
2015 -- $56,597 $0 $0
2014 -- $54,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • BARBARA PARKER

    Seller's Agent in 2015

    BARBARA PARKER

    RE/MAX DOUGLASS R.E.-H

    (906) 281-1677

    27 in this area

    146 Total Sales

    BARBARA PARKER
    Section Image
  • Gretchen Janssen

    Buyer's Agent in 2015

    Gretchen Janssen

    RE/MAX DOUGLASS R.E.-H

    (906) 370-4738

    28 in this area

    167 Total Sales

    Gretchen Janssen
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10071700

Upper Peninsula Association of REALTORS®

APN: 051-405-001-00

Michigan Houghton County Hancock 49930

805 Pine St, Hancock, MI

Not Listed for Sale

MultiFamily

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