1205 Melville Sq 304, Richmond, California 94804, Richmond, 94804 - 1 bed, 1 bath

1205 Melville Sq 304, Richmond, California 94804 home-pic-0
ACTIVE$320,000
1205 Melville Sq 304, Richmond, California 94804
1Bed
1Bath
734Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Stunning Bay Views: The condo offers splendid and stunning views of Marina Bay, a highly desirable feature that enhances property value and appeal.
Top Cons:
High Association Fee: The association fee of $767.00 is considerably high for a 1-bedroom, 734 sqft condo, significantly impacting monthly ownership costs.

Compared to the nearby listings

Price:$320.0K vs avg $412.0K ($-92,000)14%
Size:734 sqft vs avg 869 sqft24%
Price/sqft:$436 vs avg $48510%

More Insights

Built in 1983 (42 years old).
Condition: Built in 1983, this condo shows its age, particularly in the kitchen and bathroom. The kitchen features dated white cabinets with wood trim, white laminate countertops, and an old fluorescent light fixture. While some appliances are stainless steel, the white dishwasher and overall aesthetic are not modern. The bathroom has a basic white vanity and tiled shower that appears functional but not recently updated. The engineered wood flooring throughout is a positive, but the property requires minor updates to the kitchen and bathroom to align with current styles and standards.
Year Built
1983
Close
-
List price
$320K
Original List price
$375K
Price/Sqft
$436
HOA
$767
Days on market
-
Sold On
-
MLS number
41104203
Home ConditionFair
Features
Excellent View:
View-

About this home

Splendid Bay View! This cozy 1-bedroom, 1-bathroom condo is located in the desirable Northshore Bayfront Community in Richmond Marina Bay. Featuring an open floor plan and stunning views of Marina Bay, this home offers a bright and inviting living space. The spacious primary suite includes a private bathroom for your comfort. The weekly farmers market is just across the street, offering fresh local produce and community charm. An excellent location for commuters with easy access to highways 580/80, BART stations, and the ferry to San Francisco—conveniently connecting you to San Francisco, Oakland, Berkeley, and Marin.

Nearby schools

3/10
Washington Elementary School
Public,K-61.8mi
4/10
Fred T. Korematsu Middle School
Public,7-82.7mi
2/10
Kennedy High School
Public,9-121.3mi
Condition Rating
Fair

Built in 1983, this condo shows its age, particularly in the kitchen and bathroom. The kitchen features dated white cabinets with wood trim, white laminate countertops, and an old fluorescent light fixture. While some appliances are stainless steel, the white dishwasher and overall aesthetic are not modern. The bathroom has a basic white vanity and tiled shower that appears functional but not recently updated. The engineered wood flooring throughout is a positive, but the property requires minor updates to the kitchen and bathroom to align with current styles and standards.
Pros & Cons

Pros

Stunning Bay Views: The condo offers splendid and stunning views of Marina Bay, a highly desirable feature that enhances property value and appeal.
Prime Commuter Location: Excellent accessibility for commuters with easy access to highways 580/80, BART stations, and the San Francisco ferry, connecting to major Bay Area cities.
Desirable Community & Amenities: Located in the desirable Northshore Bayfront Community, with a weekly farmers market directly across the street, fostering a vibrant local lifestyle.
Open & Bright Living Space: Features an open floor plan and is described as a bright and inviting living space, appealing to modern living preferences.
Private Primary Suite: The spacious primary suite includes a private bathroom, offering comfort and privacy for the resident.

Cons

High Association Fee: The association fee of $767.00 is considerably high for a 1-bedroom, 734 sqft condo, significantly impacting monthly ownership costs.
Significant Price Reductions: The property has undergone multiple price reductions from $375,000 to $320,000, suggesting market resistance or initial overpricing.
Limited Size & Bedroom Count: As a 1-bedroom, 734 sqft unit, the property has a limited appeal to a smaller buyer pool, primarily singles or couples without children.

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