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Off market
  • $196,800

    702 Lake Ave, Hancock, MI 49930

    4beds
    2,822sqft
    SingleFamily
    Built in 1900
    8,712 Square Feet Lot
    $196,800 Zestimate®
    $70/sqft
    $2,085 Estimated rent

    Home value

    $196,800

    $171,000 - $224,000

    $2,085/mo

    Zestimate® history
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    $1,344/mo

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    What's special

    *For sale by Owner* Large 4 bedroom 2 bath home with amazing views of the Portage Canal in Hancock. Recently renovated with only a few areas left to finish. Was once a duplex, but we converted it to a single family home. The downstairs features new kitchen with white shaker cabinets, solid surface countertops, island with built in stainless sink, and state of the art wi-fi enabled Samsung Bespoke Appliances. Large walk-in pantry with plenty of storage. Eat-in dining room attached to the living room. Downstairs also features a full bath and bedroom that has entry to the attached porch. Porch provides plenty of storage with another entry from the outside. Last bit of renovation not yet completed is downstairs sitting room and laundry/mud room. Upstairs features 3 bedrooms with optional non-conforming room great for an open bedroom, play room, or lounge area. One bedroom is attached to an unfinished bathroom and walk-in closet. This bedroom also includes the door to the attic, which provides endless amounts of storage. The best part is the master bedroom that takes up half of the upstairs. Includes bedroom sized walk-in closet and en-suite bathroom with a barn door for privacy. Includes quartz top single sink vanity, bluetooth stereo/color changing bath fan, and rain shower in oversized stand-up shower. Unfinished basement allows also for plenty of storage. Smaller deck off the back perfect for watching boats passing by. Oversized lot overlooking the canal and walking path down to the water on Navy St. Recently added an above ground pool. Features include brand new drywall, vinyl plank flooring, new carpet, modern light fixtures (many on dimmer switches), new water heater (2024), central air, and appliances. Home needs some finishing touches on the renovation, but perfectly livable. A lot has been done to the house to get it from old mining home to new. Willing to walk through potential buyers of our original plans for finishing touches. Chest freezer, led fireplace, and pool negotiable with the sale. Included appliances: Washer, dryer, refrigerator, oven, built-in microwave, and dishwasher. For more information or to schedule a viewing, please contact us at 906-369-4349. Offers gladly accepted. Serious inquires only.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet, Linoleum / Vinyl
    • Basement: Unfinished
    Interior area
    • Total interior livable area: 2,822 sqft

    Property

    Parking
    • Parking features: Off-street, On-street
    Features
    • Exterior features: Shingle, Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 05142702600

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1900

    Community & HOA

    Location
    • Region: Hancock

    Financial & listing details

    • Price per square foot: $70/sqft
    • Tax assessed value: $150,612
    • Annual tax amount: $2,460

    Price history

    DateEventPrice
    3/1/2025Listing removed$289,000$102/sqft
    Source: Upper Peninsula AOR #50157059 Report a problem
    10/22/2024Price change$289,000-3.3%$102/sqft
    Source: Upper Peninsula AOR #50157059 Report a problem
    10/2/2024Price change$299,000-0.3%$106/sqft
    Source: Upper Peninsula AOR #50157059 Report a problem
    9/14/2024Price change$299,999-9.1%$106/sqft
    Source: Owner Report a problem
    8/27/2024Price change$330,000-5.7%$117/sqft
    Source: Owner Report a problem
    8/11/2024Listed for sale$350,000+191.7%$124/sqft
    Source: Owner Report a problem
    6/21/2022Sold$120,000$43/sqft
    Source: RE/MAX of Michigan Solds #50079710_49930 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,460 +3.9%$75,306 +12%
    2024$2,366 $67,230 +20.4%
    2023-- $55,842 +11.5%
    2022-- $50,092
    2021-- --
    2020-- $48,805 -48.2%
    2019-- $94,212 +8.5%
    2018-- $86,826 +14%
    2017-- $76,169 +123%
    2016-- $34,150
    2015-- $34,150 +4%
    2014-- $32,837 -2%
    2013-- $33,493
    2012-- $33,493
    2011-- $33,493
    2010-- $33,493
    Find assessor info on the county website

    Neighborhood: 49930

    Nearby schools

    GreatSchools rating
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