115 Ohio Ave, Richmond, California 94804, Richmond, 94804 - 2 bed, 1 bath
ACTIVE$399,000
115 Ohio Ave, Richmond, California 94804
2Beds
1Bath
680Sqft
2,500Lot
Price Vs. Estimate
The estimated value ($372,815.945) is $26,184.055 (6%) lower than the list price ($399,000). This property may be overpriced.
Key pros and cons
Top Pros:
Affordable Entry Point: Positioned as 'one of the most affordable homes in the city of Richmond,' this property offers a rare opportunity for homeownership in the competitive Bay Area market.
Top Cons:
Compact Living Space: With only 680 sqft and 2 bedrooms/1 bathroom, the property offers limited interior space, which may not suit larger households or those desiring more expansive living areas.
Compared to the nearby listings
Price:$399.0K vs avg $590.0K ($-191,000)4%
Size:680 sqft vs avg 1,121 sqft3%
Price/sqft:$587 vs avg $52966%
More Insights
Built in 1920 (105 years old).
Condition: The property was built in 1920, making it over 100 years old. While the listing states 'recently updated with fresh exterior paint and a brand-new backyard fence,' and the interior images show some updates, these do not constitute a full, extensive renovation within the last 5-15 years to bring it to a 'Good' standard. The kitchen features white shaker-style cabinets and stainless steel appliances (range, microwave) which appear functional and relatively modern, likely updated within the last 15-30 years, but the overall style and basic countertops suggest it's not a high-end or brand-new renovation. Flooring in the living areas and kitchen appears to be newer LVP or wood-look tile, and the bedroom has carpet. The bathroom is not clearly visible for assessment. The home is 'move-in ready' as described, indicating it's maintained and functional, but major components and overall style show signs of being outdated, aligning with the 'Fair' condition criteria for an aged home with occasional updates.
Year Built
1920
Close
-
List price
$399K
Original List price
$399K
Price/Sqft
$587
HOA
-
Days on market
-
Sold On
-
MLS number
41089234
Home ConditionFair
Features
Patio
View-
About this home
Welcome to this delightful 2-bedroom, 1-bath home! One of the most affordable homes in the city of Richmond! Recently updated with fresh exterior paint and a brand-new backyard fence, this cozy home is move-in ready. Enjoy the perfect blend of comfort and convenience, with easy access to San Rafael, Marin County, and San Francisco. Commuters will love the quick access to major freeways, BART, and the Richmond Ferry, making travel around the Bay Area a breeze. Don’t miss this incredible opportunity to own an affordable home.
Condition Rating
Fair
The property was built in 1920, making it over 100 years old. While the listing states 'recently updated with fresh exterior paint and a brand-new backyard fence,' and the interior images show some updates, these do not constitute a full, extensive renovation within the last 5-15 years to bring it to a 'Good' standard. The kitchen features white shaker-style cabinets and stainless steel appliances (range, microwave) which appear functional and relatively modern, likely updated within the last 15-30 years, but the overall style and basic countertops suggest it's not a high-end or brand-new renovation. Flooring in the living areas and kitchen appears to be newer LVP or wood-look tile, and the bedroom has carpet. The bathroom is not clearly visible for assessment. The home is 'move-in ready' as described, indicating it's maintained and functional, but major components and overall style show signs of being outdated, aligning with the 'Fair' condition criteria for an aged home with occasional updates.
Pros & Cons
Pros
Affordable Entry Point: Positioned as 'one of the most affordable homes in the city of Richmond,' this property offers a rare opportunity for homeownership in the competitive Bay Area market.
Move-in Ready Condition: The home is described as 'move-in ready,' reducing immediate post-purchase expenses and hassle for the new owner.
Recent Cosmetic Updates: Benefiting from fresh exterior paint and a brand-new backyard fence, the property presents well and offers enhanced curb appeal and privacy.
Excellent Commuter Access: Its location provides 'quick access to major freeways, BART, and the Richmond Ferry,' making daily commutes and regional travel highly convenient.
Strategic Bay Area Proximity: The property boasts 'easy access to San Rafael, Marin County, and San Francisco,' appealing to those who work or frequently visit these key Bay Area destinations.
Cons
Compact Living Space: With only 680 sqft and 2 bedrooms/1 bathroom, the property offers limited interior space, which may not suit larger households or those desiring more expansive living areas.
Older Construction Age: Built in 1920, the home's age, despite recent cosmetic updates, may imply potential for older infrastructure (e.g., plumbing, electrical, foundation) that could require future maintenance or upgrades.
Small Lot Size: The 2500 sqft lot is relatively small, offering limited outdoor space for gardening, recreation, or potential future expansion.