NOT LISTED FOR SALE

6880 Elder Ave Hanford, CA 93230

Estimated Value: $5,367,203

182.5 Acres
$29,409 Price per Acre
7,949,700 Sq Ft Lot

Last Sold December 09, 2021

Last sale price $4,780,000

Est. 12% increase in value since last sale

Current estimated payment $28,451/month

12 Days on Market

Highlights

  • 182.5 Acre Lot
  • No HOA
  • Agricultural

About This Lot

As of December 2021

Plantings
+/-123.2 Acres is open land.
+/-40.3 Acres of Angeleno Plums grafted in 2014, 18 x 15 spacing.
+/-6.70 Acres of Howard Sun Plums grafted in 2011, 18 x 15 spacing.
+/-13.0 Acres of ditch, roads, shop, and house area
Soil
+/-66.9% Grade 1 Excellent Kimberlina fine sandy loam, sandy substratum
+/-33.1% Grade 3 Fair Kimberlina fine sandy loam, saline-alkali
Water
Property is located in Kings County Water District. Water delivered to the property via one (1) 20 HP electric lift pump along the Peoples Ditch. The property also has two (2) irrigation wells. One (1) 60 HP electric irrigation well and a 640 deep well drilled in 2016 with a 100 HP gear head and a diesel engine.

Ag Lease
Property being sold subject to a lease through October 22nd, 2022 with any improvements made by the Tenant to remain for the benefit of the property at the expiration of lease. The annual rent is $65,982.00 and will be prorated based on closing date.

Last Agent to Sell the Property

Marc Schuil

Schuil Ag Real Estate License #00815172 Listed on: 10/12/2021

Co-Listed By

Scott Schuil

Schuil Ag Real Estate License #01877812

Last Buyer's Agent

Non Member

Century 21 Hometown Rlty-Bakersfield

Property Details

Property Type

  • Land

Lot Details

  • 182.5

Utilities

  • Well
  • Well Pump

Additional Features

  • 182.5 Acre Lot
  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 014020018

Property Details

Property Type

Land

Lot Details

182.5 Acres

Listing Details

  • Property Sub Type: Agricultural
  • Prop. Type: Land
  • Lot Size Acres: 182.5
  • Lot Size: Irregular
  • Co List Office Phone: 559-734-1700
  • Directions: From CA-198 head West toward Hanford / Lemoore 9.3 mi Turn right onto 6th Ave 4.0 mi Turn left onto Elder Ave
  • Special Features: None

Utilities

  • Sewer: None
  • Utilities: Other
  • Water Source: Pump, Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Current Use: Agricultural
  • Lot Size Sq Ft: 7949700.0
  • Additional Parcels: No
  • Parcel #: 014020018
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Nov 10, 2021
Sold by
Tutschulte Nancy R and Lockett Sara K
Bought by
Velde Karl J Te and Velde Lauren N
Seller's Agent
Marc Schuil
Schuil Ag Real Estate
Buyer's Agent
Non Member
Century 21 Hometown Rlty-Bakersfield
List Price
$4,800,000
Sold Price
$4,780,000
Premium/Discount to List
-$20,000
-0.42%
Current Estimated Value
$5,367,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,203
Avg. Annual Appreciation
2.76%
Original Mortgage
$3,250,000
Outstanding Balance
$2,959,565
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$2,407,638

Purchase Details

Closed on
Jun 1, 2016
Sold by
Lockett Sara
Bought by
Lockett Sara K

Purchase Details

Closed on
Feb 12, 2015
Sold by
Tutschulte Nancy Maaskant
Bought by
Tutschulte Nancy R

Purchase Details

Closed on
Jun 27, 2013
Sold by
Blanken H William and Blanken Nancy
Bought by
Lockett Sara

Purchase Details

Closed on
Dec 14, 2012
Sold by
Maaskant Orla M M
Bought by
Maaskant Orla M M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velde Karl J Te $4,780,000 Chicago Title Company
Lockett Sara K -- None Available
Tutschulte Nancy R -- None Available
Lockett Sara -- None Available
Fitzgerald Julia Maaskant -- None Available
Maaskant Ambra -- None Available
Maaskant Orla M M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velde Karl J Te $3,250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2021 12/09/21 Sold $4,780,000 -0.4% --
10/25/2021 10/25/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $4,800,000 -- --
Source: Tulare County MLS

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 $9,952 $638,416 $520,566 $117,850
2023 $9,952 $919,267 $354,405 $564,862
2022 $9,970 $906,573 $266,575 $639,998
2021 $9,846 $896,595 $335,861 $560,734
2020 $9,839 $887,402 $332,417 $554,985
2019 $9,751 $870,002 $325,899 $544,103
2018 $9,571 $587,850 $319,509 $268,341
2017 $9,358 $836,218 $313,244 $522,974
2016 $9,111 $819,822 $307,102 $512,720
2015 $9,008 $807,508 $302,489 $505,019
2014 $8,880 $791,691 $296,564 $495,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tulare County MLS

MLS Number: 213874

Tulare County MLS

APN: 014-020-018-000

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