NOT LISTED FOR SALE

Estimated Value: $232,000 - $319,000

4 Beds
2 Baths
1,777 Sq Ft
$149/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $190,000 $107 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,667/month

21 Days on Market

Highlights

  • Corner Lot
  • 2 Car Garage
  • 5-minute walk to Donna Blake Park

About This Home

As of July 2023

Discover an incredible investment opportunity at 194 Hancock Street! This multifamily property boasts fully occupied units, each with 2 bedrooms and 1 bathroom. Long-term tenants enjoy below-market rent, making it an affordable option. Priced at $229K, it's perfect for investors seeking stable rental income. Schedule a showing today!

Last Agent to Sell the Property

Lucy Cordero Tarpinian

Keller Williams Realty Listed on: 06/01/2023

Keller Williams Realty

Last Buyer's Agent

Jay McHugh

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,524

Year Built

  • Built in 1910

Lot Details

  • 3,115 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Brick Foundation

Interior Spaces

  • 1,777 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Net Operating Income $22,800

Listing and Financial Details

  • Total Actual Rent $1,900
  • Assessor Parcel Number S:06250 P:0041,2587658

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,524

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2.5
  • Transaction Broker: 2.5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 1777
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AC2249
  • LIST PRICE PER Sq Ft: 128.87
  • PRICE PER Sq Ft: 106.92
  • MAIN SO: AN1199

Exterior Features

  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: S:06250 P:0041,2587658
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3115
  • Lot Size Units: Acres
  • PAGE: 375
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2524
  • Tax Book Number: 20566

Multi Family

  • Gross Income: 22800
  • Net Operating Income: 22800
  • Number Of Units Total: 2
  • Total Actual Rent: 1900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2014
Sold by
Jjs Capital Invest Llc
Bought by
Jjs Capital Invest Llc
Current Estimated Value
$264,629

Purchase Details

Closed on
Jun 27, 2006
Sold by
Solomon Cecilia
Bought by
Solomon Cecilia and Davis James
Source: Public Records

Range of Values:

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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
Jjs Capital Invest Llc $105,000 --
Solomon Cecilia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pousland Christopher $142,500
Previous Owner Solomon James $35,373
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $190,000 -17.0% $107 / Sq Ft
06/23/2023 06/23/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $229,000 +141.1% $129 / Sq Ft
01/15/2015 01/15/15 Sold $95,000 -13.6% $53 / Sq Ft
12/16/2014 12/16/14 Pending -- -- --
10/18/2014 10/18/14 For Sale $109,900 -- $62 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $2,697 $172,000 $23,000 $149,000
2024 $3,393 $211,300 $21,500 $189,800
2023 $2,878 $168,800 $20,500 $148,300
2022 $2,524 $134,100 $18,600 $115,500
2021 $2,527 $133,700 $16,900 $116,800
2020 $2,508 $128,400 $16,900 $111,500
2019 $2,255 $114,600 $16,900 $97,700
2018 $2,147 $109,100 $16,900 $92,200
2017 $2,194 $111,600 $13,600 $98,000
2016 $1,992 $101,300 $13,600 $87,700
2015 $1,928 $98,000 $13,600 $84,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73118930

MLS Property Information Network (MLS PIN)

APN: SPRI-006250-000000-000041