1543 Hanford, Redlands, California 92374, Redlands, 92374 - 3 bed, 2 bath
1543 Hanford
Redlands, California 92374
Property Price
SUMMARY
Analysis of 1543 Hanford, Redlands, California 92374 reveals a property with a current list price of $589,999, which is 6% above the estimated $553,539 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Redlands Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1543 Hanford Subject | $589,999* List Price | 3 | 2 | 1,325 | $418 | - |
A 1308 Julie Court Sold | $590,000 | 3 | 2 | 1,335 | $442 | 0.6 mi |
B 1602 Heron Court Sold | $500,000 | 3 | 2 | 1,148 | $436 | 0.6 mi |
C 1171 Judson Street Sold | $520,000 | 3 | 2 | 1,350 | $385 | 0.7 mi |
D 1922 Alta Street Sold | $599,000 | 3 | 3 | 1,802 | $332 | 1.0 mi |
E 1218 6th Street Sold | $492,000 | 3 | 2 | 1,304 | $377 | 0.9 mi |
F 1323 Kingswood Active | $569,900 List Price | 3 | 2 | 1,176 | $485 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1987 and the listing description lacks any mention of recent renovations or modern upgrades, unlike several of the comparative properties in the area. While described as functional and well-maintained, a 37-year-old home without significant updates typically features outdated kitchen cabinetry, older appliances, and period-specific fixtures. It meets the 'fair' criteria as an aged but functional home that likely requires cosmetic and system updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8000, living area = 1325.
CONSRISKS & DEFICIENCIES
About 1543 Hanford
Welcome to 1543 Hanford St, a charming residence located in a well-established neighborhood of Redlands, CA. This inviting home offers a functional layout with comfortable living spaces, ideal for both everyday living and entertaining. Natural light fills the interior, creating a warm and welcoming atmosphere throughout. The property features a spacious lot with ample outdoor space, perfect for relaxing, gardening, or future customization. Conveniently situated near local schools, parks, shopping, and dining, this home also provides easy access to major freeways while maintaining a quiet, residential feel. Whether you’re a first-time buyer, growing household, or investor, 1543 Hanford St presents a great opportunity to own in one of Redlands’ desirable areas. Don’t miss the chance to make this home your own.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 8,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,325 | 1,675 | 27% |
| Lot Size | 8,000 | 7,200 | 71% |
| Price | $590.0K | $616.4K | 44% |
| Price per sq ft | $445 | $370 | 77% |
| Built year | 1987 | 1985 | 53% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 171 | 1% |
Pricing History
Listed for Sale
Mar 6, 2026
$589,999
$601,000
-2% Price Drop
Initial Listing
Price Change
Feb 18, 2026
$601,000
Initial Listing
Sold
Sep 28, 2000
$140,500
Public Record