M
Seller's Agent in 2025
Mike Borsum
RE/MAX DOUGLASS R.E.-H
(906) 370-6738
9 in this area
30 Total Sales
861 Summit St Hancock, MI 49930
2
Beds
1
Bath
720
Sq Ft
2,614
Sq Ft Lot
Highlights
- Traditional Architecture
- Shed
- Space Heater
- Corner Lot
About This Home
As of December 2025Located in Hancock, MI, this quaint 2-bedroom, 1-bathroom home offers a fantastic opportunity whether you’re looking for a starter home or an investment property. With 720 square feet of living space, the layout includes one traditional bedroom and a second walkthrough bedroom, making it versatile for a variety of needs. The property sits close to downtown, giving you convenient access to local shops, schools, and amenities. Both on-street and off-street parking are available, a valuable feature in this location. The smaller yard keeps outdoor maintenance simple, freeing up your time to enjoy everything the Keweenaw area has to offer. This home’s manageable size, desirable location, and practical layout make it a smart choice for buyers looking to enter the market or for someone seeking an investment property with a lot of potential. Come take a look before it's gone! NOTICE: All information believed accurate but not warranted. It is the Buyer's obligation to inspect the property and verify all information. The buyer bears all risks for any inaccuracies. Tax information is subject to change. Taxes are not 0. References to square footage, lot size/dimensions, and age are approximate.
Last Agent to Sell the Property
RE/MAX DOUGLASS R.E.-H License #UPAR-6501278088 Listed on: 09/24/2025
Home Details
Home Type
- Single Family
Year Built
- Built in 1900
Lot Details
- 2,614 Sq Ft Lot
- Lot Dimensions are 47x54
- Corner Lot
Parking
- 2 Car Parking Spaces
Home Design
- Traditional Architecture
- Vinyl Siding
- Vinyl Trim
Interior Spaces
- 720 Sq Ft Home
- 2-Story Property
- Oven or Range
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Stone Basement
Outdoor Features
- Shed
Utilities
- Space Heater
- Heating System Uses Natural Gas
- Electric Water Heater
- Internet Available
Community Details
- Hancock Copper Mining Cos Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 051-403-016-50
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2015
Closed on
Apr 1, 2015
Sold by
Horvath Ralph S
Bought by
Paynter Neil F
Seller's Agent
Allan Baker
ALLAN'S REALTY
Buyer's Agent
Allan Baker
ALLAN'S REALTY
List Price
$26,400
Sold Price
$22,500
Premium/Discount to List
-$3,900
-14.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$22,500
Interest Rate
3.54%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $22,500 | Copper Range Abs & Title | |
| Deed | $22,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $22,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/22/2025 12/22/25 | Sold | $75,000 | -6.1% | $104 / Sq Ft | |
| 11/10/2025 11/10/25 | Price Changed | $79,900 | -5.9% | $111 / Sq Ft | |
| 09/24/2025 09/24/25 | For Sale | $84,900 | +277.3% | $118 / Sq Ft | |
| 04/01/2015 04/01/15 | Sold | $22,500 | -14.8% | $31 / Sq Ft | View Prior Sale |
| 02/21/2015 02/21/15 | Pending | -- | -- | -- | |
| 02/04/2015 02/04/15 | For Sale | $26,400 | -- | $37 / Sq Ft |
Source: Upper Peninsula Association of REALTORS®
Tax History Compared to Growth
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 | $696 | $44,760 | $0 | $0 |
| 2024 | $7 | $37,420 | $0 | $0 |
| 2023 | $647 | $34,308 | $0 | $0 |
| 2022 | $690 | $27,641 | $0 | $0 |
| 2021 | $668 | $20,665 | $0 | $0 |
| 2020 | $659 | $20,460 | $0 | $0 |
| 2019 | $651 | $19,498 | $0 | $0 |
| 2018 | $622 | $15,259 | $0 | $0 |
| 2017 | $601 | $15,356 | $0 | $0 |
| 2016 | -- | $9,646 | $0 | $0 |
| 2015 | -- | $9,646 | $0 | $0 |
| 2014 | -- | $9,275 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Borsum
-
Adam Shirey
Seller Co-Listing Agent in 2025
Adam Shirey
RE/MAX DOUGLASS R.E.-H
(616) 799-1038
18 in this area
134 Total Sales
-
Jeremy Rowe
Buyer's Agent in 2025
Jeremy Rowe
NORTHERN MICHIGAN LAND BROKERS - H
(906) 281-3825
13 in this area
130 Total Sales
-
A
Seller's Agent in 2015
Allan Baker
ALLAN'S REALTY
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50189446
APN: 051-403-016-50
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