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Single Family ResidenceResidential
$209,289$156 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 87How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $75,000 on Jul 9, 2007

225 WATER ST

HANCOCK, MI 49930
3
Beds
1
Baths
1,344 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.14 ac
Lot SizeThe size of the land the home sits on, from county records.
1946
Year BuiltThe year the home was originally built, according to county records.

Valuation

$209K
$182K low$236K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$75,000 · Jul 9, 2007

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,684 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$75,339 (2026)
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$68,901
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$150,678

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.19
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
4
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
38
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
51
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
1
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyHOUGHTON
Lot (acres)The size of the land the home sits on, from county records.0.14
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Barkell Elementary SchoolB
Elementary · Grades KG–5 · 0.9 mi
M
Hancock Middle/High SchoolB-
Middle · Grades 6–12 · 1.2 mi

District: Hancock Public Schools

Neighborhood · ZIP 49930These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.20

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.84%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.25%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.13%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.9%
PopulationHow many people live in this area.8,337
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.134 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$59,528
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$79,994
Average tempThe average temperature here across a full year.41°F
Annual precipHow much rain and melted snow falls here in a typical year.33 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.45%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

225 Water St measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 65% of homes in Hancock 49930
  • Has a smaller lot than 84% of homes in Houghton County
  • Older than 65% of homes in Hancock 49930

What homes are worth in Hancock 49930

Each bar is how many homes fall in that price range. The marker is this home.

This home
$98K$589K

This home is worth more than 35% of homes in Hancock 49930.

How it measures up in Hancock 49930

The dot is this home. The mark in the middle is the typical home in Hancock 49930.

Estimated value$209,289
CheaperTypical $248,545Pricier

Pricier than 35% of homes nearby

Price per ft²$156
CheaperTypical $166Pricier

Pricier than 43% of homes nearby

Living area1,344 ft²
SmallerTypical 1,528 ft²Bigger

Bigger than 36% of homes nearby

Lot size0.14 ac
SmallerTypical 0.36 acBigger

Bigger than 20% of homes nearby

Year built1946
OlderTypical 1970Newer

Newer than 35% of homes nearby

How 225 Water St ranks against every home in each area.
MeasureThis homeHancock 49930Houghton County
Estimated valuepricier than$209,28935% of homes57% of homes
Price per ft²pricier than$15643% of homes52% of homes
Living areabigger than1,344 ft²36% of homes49% of homes
Lot sizebigger than0.14 ac20% of homes16% of homes
Year builtnewer than194635% of homes49% of homes

About 225 Water St

How much is 225 Water St, Hancock, MI worth?

The TopHap Estimate for 225 Water St, Hancock, MI is $209,289 as of Sep 24, 2026. The likely range is $182,396 to $236,182. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 225 Water St, Hancock, MI last sell?

225 Water St, Hancock, MI last sold on Jul 9, 2007 for $75,000, according to the county's recorded deed.

How big is 225 Water St, Hancock, MI?

225 Water St, Hancock, MI has 3 bedrooms, 1 bathrooms, 1,344 square feet of living space and a 0.14-acre lot.

When was 225 Water St, Hancock, MI built?

225 Water St, Hancock, MI was built in 1946, making it 80 years old.

What schools serve 225 Water St, Hancock, MI?

225 Water St, Hancock, MI is assigned to Barkell Elementary School (elementary), rated B; Hancock Middle/High School (middle), rated B-. All sit in Hancock Public Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 225 Water St, Hancock, MI compare to other homes in Hancock 49930?

Among the 2,618 homes in Hancock 49930, it is worth more than 35% of them ($209,289 against a typical $248,545), its price per square foot is higher than 43% of them ($156 against a typical $166), it is bigger than 36% of them (1,344 ft² against a typical 1,528 ft²), its lot is bigger than 20% of them (0.14 ac against a typical 0.36 ac) and it is newer than 35% of them (1946 against a typical 1970). Measured against all of Houghton County, it is worth more than 57% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 225 Water St, Hancock, MI?

The 2025 property tax bill for 225 Water St, Hancock, MI was $1,684. The county assessed it at $75,339.

More homes on Water St

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Assigned schools

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