NOT LISTED FOR SALE

861 Summit St Hancock, MI 49930

Hancock Area

Estimated Value: $77,663

2 Beds
1 Bath
720 Sq Ft
$108/Sq Ft Est. Value

Sale Details

Date Sold: December 22, 2025

Last sale price $75,000 $104 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $501 / mo

48 Days on Market

Highlights

  • Traditional Architecture
  • Shed
  • Space Heater
  • Corner Lot

About This Home

As of December 2025

Located 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

Mike Borsum

RE/MAX DOUGLASS R.E.-H License #UPAR-6501278088 Listed on: 09/24/2025

RE/MAX DOUGLASS R.E.-H

Co-Listed By

Adam Shirey

RE/MAX DOUGLASS R.E.-H License #UPAR-6501435183

Last Buyer's Agent

Jeremy Rowe

NORTHERN MICHIGAN LAND BROKERS - H License #UPAR

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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 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

  • Michigan 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

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Originating MLS: Upper Peninsula Assoc of Realtors
  • Class: RESIDENTIAL
  • Type: Investment, Residential
  • Type Of Property: Single Family
  • Architecture Style: Traditional
  • Structure Style: 2 Story
  • Year Built: 1900
  • Mail City: Hancock
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable/Internet Avail.
  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Partial, Stone, Unfinished
  • Bedrooms: 2
  • Bedroom 1: On 2nd Floor, Dimensions: 13 x 10
  • Bedroom 2: On 2nd Floor, Dimensions: 12 x 8
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Bathroom 1: On Level: Second
  • Above Grade Finished Sq Ft: 720
  • Total Finished Sq Ft: 720

Exterior Features

  • Exterior: Vinyl Siding, Vinyl Trim
  • Exterior Features: None (ExteriorFeatures)
  • Foundation: Michigan Basement
  • Frontage: 101
  • Road: City/County, Paved Street, Year Round
  • Out Buildings: Shed
  • Frontage Type: Road

Garage/Parking

  • Parking: 2 Spaces
  • Garage: No

Utilities

  • Heating: Space Heater
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Electric

Lot Info

  • Assessor Parcel Number: 051-403-016-50
  • Zoning: Residential
  • Lot Dimensions: 47x54
  • Acreage: 0.06
  • Geo Subdivision: MI
  • Site/Lot Features: Corner Lot, Platted, City Limits

MLS Schools

  • School District: Hancock Public Schools

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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%
Current Estimated Value
$77,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,163
Avg. Annual Appreciation
11.40%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Hancock, MI

  • Brian Rimpela Real Estate Agent - CENTURY 21 AFFILIATED

    Brian Rimpela

    CENTURY 21 AFFILIATED

    (906) 299-3158

    234 Total Sales

    34 in Hancock

    $23K - $420K Price Range

    Brian Rimpela
     Section Image
  • Adam Shirey Real Estate Agent - RE/MAX Douglass Real Estate

    Adam Shirey

    RE/MAX Douglass Real Estate

    (616) 439-2623

    139 Total Sales

    26 in Hancock

    $16K - $413K Price Range

    Adam Shirey
     Section Image
  • Craig Kangas Real Estate Agent - NORTHERN MICHIGAN LAND BROKERS - H

    Craig Kangas

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 299-9786

    75 Total Sales

    10 in Hancock

    $20K - $259K Price Range

    Craig Kangas
     Section Image
  • Danielle Hoskins Real Estate Agent - CENTURY 21 AFFILIATED

    Danielle Hoskins

    CENTURY 21 AFFILIATED

    (866) 611-4621

    80 Total Sales

    9 in Hancock

    $32K - $390K Price Range

    Danielle Hoskins
     Section Image
  • Josh Stein Real Estate Agent - NORTHERN MICHIGAN LAND BROKERS - H

    Josh Stein

    Responds Quickly

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 299-3227

    326 Total Sales

    18 in Hancock

    $18K - $700K Price Range

    Josh Stein
     Section Image

  • kp

    kevin patana

    Responds Quickly

    KELLER WILLIAMS FIRST UP

    (906) 299-3230

    176 Total Sales

    8 in Hancock

    $15K - $380K Price Range

    kevin patana
     Section Image
See All Agents

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $754 $49,496 $0 $0
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

  • MB

    Seller's Agent in 2025

    Mike Borsum

    RE/MAX DOUGLASS R.E.-H

    (906) 370-6738

    24 Total Sales

    Mike Borsum
    Section Image
  • Adam Shirey Real Estate Agent - RE/MAX DOUGLASS R.E.-H

    Seller Co-Listing Agent in 2025

    Adam Shirey

    RE/MAX DOUGLASS R.E.-H

    (616) 799-1038

    139 Total Sales

    Adam Shirey
    Section Image
  • Jeremy Rowe Real Estate Agent - NORTHERN MICHIGAN LAND BROKERS - H

    Buyer's Agent in 2025

    Jeremy Rowe

    NORTHERN MICHIGAN LAND BROKERS - H

    (906) 281-3825

    124 Total Sales

    Jeremy Rowe
    Section Image

  • AB

    Seller's Agent in 2015

    Allan Baker

    ALLAN'S REALTY

See All Agents

Map

Source: Upper Peninsula Association of REALTORS®

MLS Number: 50189446

Upper Peninsula Association of REALTORS®

APN: 051-403-016-50

Michigan Houghton County Hancock 49930

861 Summit St, Hancock, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Upper Peninsula Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.