NOT LISTED FOR SALE

557 E Malone St Hanford, CA 93230

Hanford Area

Estimated Value: $497,000 - $577,000

8 Beds
4 Baths
3,200 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2021

Last sale price $485,000 $152 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,576 / mo

150 Days on Market

Highlights

  • 0.42 Acre Lot
  • Laundry Facilities
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of December 2021

Fabulous opportunity! This is the first of 3 fourplexes available (see 561-567 and 571-577 E Malone). Seller would prefer to sell all three 4plexes to the same buyer but they each have their own APN so they can be financed separately. Each unit has 2 bedrooms, 1 bath, inside laundry, small fenced back yard. The complex has a large common area which offers room for kids to play! Carport parking plus additional parking for each unit. Selling as is. No showings. Tenants have not been informed that units are for sale. Please make offer contingent upon viewing. Seller will not make repairs or perform inspections.

Last Agent to Sell the Property

Kimberly McElhannon

BUY IT! Real Estate License #01231866 Listed on: 02/24/2021

Last Buyer's Agent

Lynsey Loya

Lemoore Real Estate License #02072243

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.42

Parking

  • Carport

Home Design

  • Quadruplex

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property
  • Stove

Additional Features

  • 18,295 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 010121039000

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.42 Acres

Listing Details

  • Property Sub Type: Four Plex
  • Prop. Type: ResidentialIncome
  • Lot Size Acres: 0.4200
  • Directions: from corner of 10th Avenue and Grangeville Blvd, South on 10th Ave, West on Malone
  • Building Stories: 1
  • Year Built: 1964
  • OFFICELIST_STATE: CALIFORNIA
  • ADU1 Kitchen Features:ADU1 Refrigerator: No
  • ADU2 Kitchen Features:ADU2 Refrigerator: No
  • ADU1 Kitchen Features:ADU1 Stove: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Living Area: 3200.00
  • ResoLivingAreaSource: Estimated
  • Foreclosure: No
  • Broker Approved: Yes
  • Reciprocal Listing: N
  • U2Stove: Yes
  • U3Stove: Yes
  • U4Stove: Yes
  • U1WasherDryer: No
  • U2WasherDryer: No
  • U3WasherDryer: No
  • U4WasherDryer: No

Exterior Features

  • Pool Private: No
  • Price Per Acre: 1154761.90
  • Price Per Square Foot: 151.56

Garage/Parking

  • Parking Features: Carport

Utilities

  • Laundry Features: Area
  • Cooling: Central
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Units in Building: Four

Lot Info

  • Lot Size Sq Ft: 18295.00
  • Parcel #: 010121039000
  • Zoning: multi
  • ResoLotSizeUnits: Acres

Multi Family

  • Existing Lease Type: Net
  • Annual Gross Scheduled Income: Yes

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Monajjemi Mohammad Reza and Norlin Joanne Mari
Bought by
Current Estimated Value
$548,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$934,500
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2002
Sold by
Mcelhannon Timothy and Mcelhannon Kimberly
Bought by
Monajjemi Mohammad Reza and Norlin Joanne Mari

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 1997
Sold by
Hanford 28 Ltd A Ptp
Bought by
Mcelhannon Timothy and Mcelhannon Kim
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Hanford, CA

  • Norma Hollnagel Real Estate Agent - London Properties-Kingsburg

    Norma Hollnagel

    London Properties-Kingsburg

    (559) 551-2804

    107 Total Sales

    3 in Hanford

    $285K - $335K Price Range

    Norma Hollnagel
     Section Image
  • Tara Wills Real Estate Agent - Wills Family Real Estate

    Tara Wills

    Wills Family Real Estate

    (559) 550-4423

    28 Total Sales

    5 in Hanford

    $245K - $489K Price Range

    Tara Wills
     Section Image
  • Nancy Altschuler Real Estate Agent - RE/MAX Gold

    Nancy Altschuler

    RE/MAX Gold

    (559) 206-4809

    46 Total Sales

    2 in Hanford

    $339,000 Price Range

    Nancy Altschuler
     Section Image
  • Rudy Cantoran Real Estate Agent - KW The Lakes

    Rudy Cantoran

    KW The Lakes

    (562) 317-6034

    66 Total Sales

    1 in Hanford

    $395,000 Price

    Rudy Cantoran
     Section Image
  • Ryan Davidson Real Estate Agent - SafeGuard Realty Investments

    Ryan Davidson

    SafeGuard Realty Investments

    (661) 410-7680

    103 Total Sales

    1 in Hanford

    $300,000 Price

    Ryan Davidson
     Section Image
  • Blake Shawn Real Estate Agent - Real Brokerage Technologies

    Blake Shawn

    Real Brokerage Technologies

    (559) 366-9049

    159 Total Sales

    1 in Hanford

    $365,000 Price

    Blake Shawn
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$485,000 Stewart Title
Monajjemi Mohammad Reza $156,000 First American Title Co
Mcelhannon Timothy -- Kings County Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner -- $934,500
Previous Owner Monajjemi Mohammad Reza $262,500
Previous Owner Monajjemi Mohammad Reza $52,377
Previous Owner Monajjemi Mohammad Reza $62,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/02/2021 12/02/21 Sold $485,000 -7.6% $152 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $525,000 -- $164 / Sq Ft
Source: Kings County Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 -- $514,685 $84,896 $429,789
2025 -- $504,594 $83,232 $421,362
2023 $0 $485,000 $80,000 $405,000
2022 $0 $212,906 $47,767 $165,139
2021 $2,297 $208,732 $46,831 $161,901
2020 $2,322 $206,592 $46,351 $160,241
2019 $2,283 $202,541 $45,442 $157,099
2018 $2,217 $198,570 $44,551 $154,019
2017 $2,184 $194,676 $43,677 $150,999
2016 $2,155 $190,859 $42,821 $148,038
2015 $2,142 $187,992 $42,178 $145,814
2014 $2,100 $184,310 $41,352 $142,958
Source: Public Records

Agents Affiliated with this Home

  • KM

    Seller's Agent in 2021

    Kimberly McElhannon

    BUY IT! Real Estate

    Section Image

  • LL

    Buyer's Agent in 2021

    Lynsey Loya

    Lemoore Real Estate

    Section Image
See All Agents

Map

Source: Kings County Board of REALTORS®

MLS Number: 221468

APN: 010-121-039-000

California Kings County Hanford 93230

557 E Malone St, Hanford, CA

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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.