1201 Melville Square 312, Richmond, California 94804, Richmond, 94804 - 2 bed, 2 bath

1201 Melville Square 312, Richmond, California 94804 home-pic-0
ACTIVE$434,995
1201 Melville Square 312, Richmond, California 94804
2Beds
2Baths
1,022Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Waterfront Location & Bay Views: The property offers direct access to waterfront living with stunning bay, park/greenbelt, and marina views, significantly enhancing lifestyle and property value.
Top Cons:
Substantial Monthly Association Fee: The $747.0 monthly association fee is considerably high, adding a significant ongoing cost to ownership that may deter some buyers.

Compared to the nearby listings

Price:$435.0K vs avg $420.0K (+$14,995)55%
Size:1,022 sqft vs avg 869 sqft83%
Price/sqft:$426 vs avg $4857%

More Insights

Built in 1983 (42 years old).
Condition: The property, built in 1983, has undergone significant interior renovations, making it move-in ready. The kitchen features modern two-tone cabinetry, stainless steel appliances, and updated countertops. Bathrooms are also updated with contemporary vanities, subway tile, and modern fixtures. New laminate flooring and fresh paint throughout contribute to a clean, updated aesthetic. While the cosmetic updates are extensive and recent, the building's age (41 years) and the presence of wall-mounted heaters (rather than central HVAC) suggest that not all major systems are brand new, aligning it with a 'Good' condition rather than 'Excellent'.
Year Built
1983
Close
-
List price
$435K
Original List price
$449K
Price/Sqft
$426
HOA
$747
Days on market
-
Sold On
-
MLS number
41108390
Home ConditionGood
Features
Good View: Bay, Park/Greenbelt, Marina
ViewBay, Park/Greenbelt, Marina

About this home

OWNER FINANCING AVAILABLE! Waterfront community living at its best — beautiful bay views, peaceful surroundings, and unbeatable convenience. This well-kept, gated community is just minutes to highways, restaurants, the Bay Trail and the Richmond Ferry. This unit offers two primary bedrooms each with their own bathrooms, in-suite laundry, bay-views, hardwood or laminate floors, and double-pane windows. At just over 1,000 square feet, this layout delivers the best of both worlds—easy to maintain yet spacious enough to live, work, and entertain in comfort. This unit offers two primary bedrooms each with their own bathrooms, in-suite laundry, oversized windows with bay views will have you soaked in natural light throughout the day. The open floor plan ensures every square foot is maximized, creating a home that feels much larger than the numbers suggest. Come stop by and see for yourself!

Nearby schools

3/10
Washington Elementary School
Public,K-61.9mi
4/10
Fred T. Korematsu Middle School
Public,7-82.7mi
2/10
Kennedy High School
Public,9-121.2mi
Condition Rating
Good

The property, built in 1983, has undergone significant interior renovations, making it move-in ready. The kitchen features modern two-tone cabinetry, stainless steel appliances, and updated countertops. Bathrooms are also updated with contemporary vanities, subway tile, and modern fixtures. New laminate flooring and fresh paint throughout contribute to a clean, updated aesthetic. While the cosmetic updates are extensive and recent, the building's age (41 years) and the presence of wall-mounted heaters (rather than central HVAC) suggest that not all major systems are brand new, aligning it with a 'Good' condition rather than 'Excellent'.
Pros & Cons

Pros

Prime Waterfront Location & Bay Views: The property offers direct access to waterfront living with stunning bay, park/greenbelt, and marina views, significantly enhancing lifestyle and property value.
Flexible Financing Option: The availability of owner financing significantly broadens the potential buyer pool, making the property accessible to a wider range of purchasers.
Secure Gated Community: Located within a well-kept, gated community, providing enhanced security and a peaceful living environment.
Exceptional Commuter & Lifestyle Access: Strategically positioned minutes from major highways, the Richmond Ferry, Bay Trail, and local restaurants, offering unparalleled convenience for commuting and leisure.
Thoughtful Interior Design & Features: Boasts a functional open floor plan, dual primary bedrooms with en-suite bathrooms, in-suite laundry, and double-pane windows, maximizing comfort and natural light.

Cons

Substantial Monthly Association Fee: The $747.0 monthly association fee is considerably high, adding a significant ongoing cost to ownership that may deter some buyers.
Aging Building Infrastructure: Built in 1983, the property's age (40+ years) may imply potential for future maintenance or upgrade needs for common areas or building systems, despite unit-specific updates.
Below-Average School Ratings: The proximity to local schools with ratings of 4, 3, and 2 out of 10 could be a significant deterrent for families prioritizing highly-rated educational institutions.

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