Seller's Agent in 2023
Lucy Cordero
Keller Williams Realty
(413) 454-8540
2 in this area
112 Total Sales
194 Hancock St Springfield, MA 01109
Old Hill NeighborhoodEstimated Value: $221,000 - $325,000
4
Beds
2
Baths
1,777
Sq Ft
$158/Sq Ft
Est. Value
Highlights
- Corner Lot
- 2 Car Garage
- 5-minute walk to Donna Blake Park
About This Home
As of July 2023Discover 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!
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2023
Closed on
Jul 27, 2023
Sold by
Hernandez Maria L
Bought by
Pousland Christopher and Salvato Danielle
Seller's Agent
Lucy Cordero
Keller Williams Realty
Buyer's Agent
Jay McHugh
LAER Realty Partners
List Price
$229,000
Sold Price
$190,000
Premium/Discount to List
-$39,000
-17.03%
Views
201
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
$91,554
Avg. Annual Appreciation
16.61%
Original Mortgage
$142,500
Outstanding Balance
$138,604
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$142,950
Purchase Details
Listed on
Oct 18, 2014
Closed on
Jan 15, 2015
Sold by
Jjs Capital Investment
Bought by
Hernandez Maria L
Seller's Agent
Carol Smith
Home Equity Assets Realty, LLC
Buyer's Agent
Daisy Sanchez
RE/MAX IGNITE
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%
Purchase Details
Closed on
Nov 13, 2014
Sold by
Jjs Capital Invest Llc
Bought by
Jjs Capital Invest Llc
Purchase Details
Closed on
Jun 27, 2006
Sold by
Solomon Cecilia
Bought by
Solomon Cecilia and Davis James
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pousland Christopher | $190,000 | None Available | |
| Hernandez Maria L | $95,000 | -- | |
| Jjs Capital Invest Llc | $105,000 | -- | |
| Jjs Capital Invest Llc | $105,000 | -- | |
| Solomon Cecilia | -- | -- | |
| Solomon Cecilia | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pousland Christopher | $142,500 | |
| Previous Owner | Solomon Cecilia | $35,373 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
| 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
-
Lucy Cordero
-
Jay McHugh
Buyer's Agent in 2023
Jay McHugh
Laer Realty
(617) 699-7442
1 in this area
65 Total Sales
-
Carol Smith
C
Seller's Agent in 2015
Carol Smith
Home Equity Assets Realty, LLC
(413) 433-0252
1 in this area
101 Total Sales
-
D
Buyer's Agent in 2015
Daisy Sanchez
RE/MAX
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73118930
APN: SPRI-006250-000000-000041
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.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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