NOT LISTED FOR SALE

825 Summit St Hancock, MI 49930

Estimated Value: $128,000 - $149,000

4 Beds
1 Bath
1,464 Sq Ft
$95/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $100,000 $68 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $871/month

35 Days on Market

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Eat-In Kitchen
  • Wood Flooring
  • Porch
  • Living Room

About This Home

As of June 2022

Nice Home centrally located in Hancock. Great access to Finlandia University and to Michigan Tech University. Enter through the enclosed back porch and walk into the large eat-in kitchen. Adjacent to it are a pantry and 1/2 bath for your convenience. The wood floor kitchen opens into a dining room and living room, where the wood floor continues. The front door opens from the living room into a south-facing enclosed porch. Go upstairs to the second floor where you will find the large main bedroom with a private 1/2 bath. The other three bedrooms are found on this floor along with the full bath. You will notice several nice features in this home: double-pane windows, vinyl siding, metal roof, modern circuit breaker panel, power-vented natural gas hot water heater, natural gas forced air heat, newer washer and dryer. Move in as it is or make it yours with some fresh paint and new floor coverings in the bedrooms. There is one off-street parking space next to the home. There is curb-side street parking available on the the other side of the road for additional vehicles. The City of Hancock has allowed parking on the street even in the winter on Summit St. In addition, parking has been available at Finlandia University just a little way down Summit Street from this home. Enjoy living here with so much to do in the area within easy access. Here are a couple links to tell you more about the area: https://www.keweenaw.org/ , https://www.keweenaw.info/ . Please allow at lease 48 hours before offer expiration. Seller will not accept an offer putting the home under contract until May 16th or later.

Last Agent to Sell the Property

Darrell Guitar

CENTURY 21 AFFILIATED License #UPAR Listed on: 05/16/2022

CENTURY 21 AFFILIATED

Last Buyer's Agent

Laurel Maki

CENTURY 21 AFFILIATED License #UPAR

CENTURY 21 AFFILIATED

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x108
  • Sloped Lot

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,464 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Living Room
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Stone Basement

Parking

  • 3 Car Parking Spaces
  • On-Street Parking

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Internet Available

Community Details

  • Hancock Copper Mining Cos Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051-403-007-00

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: 1 to 4 Units
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Total Tax Amount: 1912
  • Total Tax Year: 2022
  • Year Built: 1900
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail., Hardwood Floors
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Partial, Stone, Unfinished
  • Bedrooms: 4
  • Bedroom 1: On 2nd Floor, Dimensions: 14 x 9
  • Bedroom 1 Floor Covering: Carpet
  • Bedroom 2: On 2nd Floor, Dimensions: 11 x 8
  • Bedroom 2 Floor Covering: Carpet
  • Bedroom 3: On 2nd Floor, Dimensions: 13 x 6
  • Bedroom 3 Floor Covering: Carpet
  • Bedroom 4: On 2nd Floor, Dimensions: 13 x 6
  • Bedroom 4 Floor Covering: Carpet
  • Full Bathrooms: 1
  • Total Bathrooms: 3
  • Bathroom 1: Dimensions: 6 x 4, On Level: Second, Flooring: Linoleum
  • Room Types: Entry, Living Room, Lower Level Laundry, Primary Bedroom, First Flr Lavatory, Primarybdrm Lavatory, Second Flr Lavatory, Second Flr Full Bathroom, Pantry, Eat-In Kitchen, Formal Dining Room
  • Dining Room: On Main Floor, Dimensions: 11 x 13
  • Dining Room Floor Covering: Wood
  • Kitchen: On Main Floor, Dimensions: 13 x 14
  • Kitchen Floor Covering: Wood
  • Laundry: In Basement
  • Living Room: On Main Floor, Dimensions: 13 x 13
  • Living Room Floor Covering: Wood
  • Below Grade Sq Ft: 288
  • Half Bathrooms: 2
  • Above Grade Finished Sq Ft: 1464
  • Total Finished Sq Ft: 1464

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Porch
  • Foundation: Basement, Partial Basement
  • Frontage: 50
  • Road: City/County, Curbed
  • Frontage Type: Road

Garage/Parking

  • Parking: 1 Space, 3 or More Spaces, On Street
  • Garage: No

Utilities

  • Heating: Forced Air
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Assessor Parcel Number: 051-403-007-00
  • Zoning: Residential
  • Lot Dimensions: 50x108
  • Acreage: 0.12
  • Geo Subdivision: MI
  • Site/Lot Features: Sidewalks, Sloping, City Limits

Tax Info

  • Summer Tax: Year: 2021, Amount: $1,789.00
  • Winter Tax: Year: 2021, Amount: $123.00
  • Total Tax: Year: 2022, Amount: $1,912.00

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 16, 2022
Sold by
Dyni Mark and Dyni Dena K
Bought by
Lipson David F E and Lilly Cristina
Seller's Agent
Darrell Guitar
CENTURY 21 AFFILIATED
Buyer's Agent
Laurel Maki
CENTURY 21 AFFILIATED
List Price
$99,900
Sold Price
$100,000
Premium/Discount to List
$100
0.1%
Current Estimated Value
$138,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,909
Avg. Annual Appreciation
9.56%
Original Mortgage
$88,000
Outstanding Balance
$83,911
Interest Rate
5.52%
Mortgage Type
New Conventional
Estimated Equity
$54,998

Purchase Details

Closed on
Apr 16, 2020
Sold by
Coon Michael E and Coon Amy L
Bought by
Inn-O-Place Llc

Purchase Details

Closed on
Dec 18, 1995
Bought by
Posey Robert and Posey Jill
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lipson David F E $100,000 M&M Title
Inn-O-Place Llc $79,500 Keweenaw Title Agcy
Posey Robert $9,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lipson David F E $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2022 06/21/22 Sold $100,000 +0.1% $68 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $99,900 -- $68 / Sq Ft
Source: Upper Peninsula Association of REALTORS®

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 $1,793 $52,617 $0 $0
2024 $17 $48,715 $0 $0
2023 $1,675 $43,377 $0 $0
2022 $1,976 $34,312 $0 $0
2021 $1,912 $30,841 $0 $0
2020 $1,888 $30,582 $0 $0
2019 $1,864 $29,136 $0 $0
2018 $1,258 $25,008 $0 $0
2017 $1,215 $25,169 $0 $0
2016 -- $20,431 $0 $0
2015 -- $20,431 $0 $0
2014 -- $19,645 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50074303

Upper Peninsula Association of REALTORS®

APN: 051-403-007-00