NOT LISTED FOR SALE

847 Pine St Hancock, MI 49930

Estimated Value: $111,467

Studio
3 Baths
1,760 Sq Ft
$63/Sq Ft Est. Value

Last Sold May 09, 2012

Last sale price $48,500 $28 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $692/month

782 Days on Market

About This Home

As of May 2012

Three fully rented units, angle parking in front on street in winter. Units have been updated. Walking distance to most everything in Hancock. $1,250/month gross when fully rented. Owner pays water & sewer for all units ($100-125/month) and heat for Basement unit (#3)only : Semco avg. $69/month. Units #1(top) & #2(main) pay their own heat (Semco Avg. $59/each unit). Month-to-month with no written leases. #1 is vacating. Seller is currently replacing a water heater.

Last Agent to Sell the Property

Chris Deforge

RE/MAX DOUGLASS R.E.-H License #UPAR Listed on: 02/01/2010

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

Year Built

  • Built in 1912

Lot Details

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

Basement

  • Partial Basement

Utilities

  • Forced Air Heating System
  • Internet Available

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3105140501300

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

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: 2011
  • Year Built: 1912
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Basement: Yes
  • Basement Type: Partial

Exterior Features

  • Construction: Aluminum

Utilities

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

Lot Info

  • Assessor Parcel Number: 3105140501300
  • Lot Dimensions: 50x100
  • Acreage: 0.11
  • Geo Subdivision: MI

Multi Family

  • Total Units: 3

Tax Info

  • Total Tax: Year: 2011

MLS Schools

  • School District: Hancock Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2010
Closed on
May 8, 2012
Seller's Agent
Chris Deforge
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Gretchen Janssen
RE/MAX DOUGLASS R.E.-H
List Price
$69,900
Sold Price
$48,500
Premium/Discount to List
-$21,400
-30.62%
Current Estimated Value
$111,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,967
Avg. Annual Appreciation
6.28%
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
-- $48,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2012 05/09/12 Sold $48,500 -30.6% $28 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
02/01/2010 02/01/10 For Sale $69,900 -- $40 / 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 $1,314 $84,050 $0 $0
2024 $13 $76,503 $0 $0
2023 $1,223 $66,184 $0 $0
2022 $1,303 $51,980 $0 $0
2021 $1,261 $41,524 $0 $0
2020 $1,245 $41,120 $0 $0
2019 $1,229 $41,510 $0 $0
2018 $1,175 $33,132 $0 $0
2017 $1,135 $33,358 $0 $0
2016 -- $19,087 $0 $0
2015 -- $19,087 $0 $0
2014 -- $18,353 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Chris Deforge

    RE/MAX DOUGLASS R.E.-H

    Section Image
  • Gretchen Janssen

    Buyer's Agent in 2012

    Gretchen Janssen

    RE/MAX DOUGLASS R.E.-H

    (906) 370-4738

    27 in this area

    163 Total Sales

    Gretchen Janssen
    Section Image
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Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 10070954

Upper Peninsula Association of REALTORS®

APN: 051-405-013-00

Michigan Houghton County Hancock 49930

847 Pine St, Hancock, MI

Not Listed for Sale

MultiFamily

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