M
Seller's Agent in 2022
Mike Borsum
RE/MAX DOUGLASS R.E.-H
(906) 370-6738
9 in this area
29 Total Sales
903 Elm St Hancock, MI 49930
Estimated Value: $215,000 - $303,000
4
Beds
2
Baths
1,632
Sq Ft
$155/Sq Ft
Est. Value
Highlights
- Corner Lot
- Community Wi-Fi
- 1 Car Garage
- Workshop
- Laundry in Utility Room
About This Home
As of November 2022"Income Opportunity" 2Bdrm, 1Bath Duplex in Hancock, 1 Car tuck under garage, Raised Ranch. Additional living space in the full unfinished basement is a definite possibility. Property was utilization as Mother-In-Law home. Live in one side and rent out the other to pay your mortgage.
Last Agent to Sell the Property
RE/MAX DOUGLASS R.E.-H License #UPAR-6501278088 Listed on: 09/29/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1975
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 163x116x100x100
- Corner Lot
Home Design
- Duplex
- Vinyl Siding
Interior Spaces
- Workshop
- Oven or Range
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Utility Room
- Dryer
- Washer
Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 1 Car Garage
- Garage Door Opener
Utilities
- Separate Meters
- Electric Water Heater
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 051-620-011-00
Community Details
Overview
- 2 Units
- Condons 2Nd Add To West Hancock Subdivision
Amenities
- Community Wi-Fi
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2022
Closed on
Nov 14, 2022
Sold by
Manninen Kenneth E
Bought by
Ding Xiaochu
Seller's Agent
Mike Borsum
RE/MAX DOUGLASS R.E.-H
Buyer's Agent
Jeremy Rowe
NORTHERN MICHIGAN LAND BROKERS - H
List Price
$209,000
Sold Price
$190,000
Premium/Discount to List
-$19,000
-9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,164
Avg. Annual Appreciation
8.87%
Original Mortgage
$161,500
Outstanding Balance
$148,769
Interest Rate
6.14%
Mortgage Type
New Conventional
Estimated Equity
$103,395
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ding Xiaochu | $190,000 | M&M Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ding Xiaochu | $161,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2022 11/22/22 | Sold | $190,000 | -9.1% | $116 / Sq Ft |
| 09/29/2022 09/29/22 | For Sale | $209,000 | -- | $128 / 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 | $4,614 | $143,617 | $0 | $0 |
| 2024 | $45 | $132,634 | $0 | $0 |
| 2023 | $4,311 | $111,619 | $0 | $0 |
| 2022 | $3,192 | $88,200 | $0 | $0 |
| 2021 | $3,089 | $83,246 | $0 | $0 |
| 2020 | $3,050 | $76,089 | $0 | $0 |
| 2019 | $3,011 | $74,107 | $0 | $0 |
| 2018 | $2,878 | $73,418 | $0 | $0 |
| 2017 | $2,780 | $83,609 | $0 | $0 |
| 2016 | -- | $62,066 | $0 | $0 |
| 2015 | -- | $62,066 | $0 | $0 |
| 2014 | -- | $62,066 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Borsum
-
Jeremy Rowe
Buyer's Agent in 2022
Jeremy Rowe
NORTHERN MICHIGAN LAND BROKERS - H
(906) 281-3825
12 in this area
127 Total Sales
Map
Source: Upper Peninsula Association of REALTORS®
MLS Number: 50091771
APN: 051-620-011-00
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.
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