1225 Richard Place, Hayward, California 94541, Hayward, 94541 - 2 bed, 1 bath
ACTIVE$588,000$768/sqft
Est. Value: $617,833
5%
BelowEstimate
1225 Richard Place, Hayward, California 94541
2Beds
1Bath
768Sqft
4,214Lot
Price Vs. Estimate
The estimated value ($617,832.91) is $29,832.91 (5%) higher than the list price ($588,000). This property may be underpriced.
Key pros and cons
Top Pros:
Extensively Updated Interior: The home boasts a beautifully updated modern open floor plan with stylish finishes throughout, including luxury laminate vinyl plank flooring.
Top Cons:
Compact Living Space: With only 2 bedrooms, 1 bathroom, and 768 sqft, the property offers limited living space, which may not suit all buyer needs.
Compared to the nearby listings
Price:$588.0K vs avg $832.5K ($-244,500)3%
Size:768 sqft vs avg 1,481 sqft3%
Price/sqft:$766 vs avg $59691%
More Insights
Built in 1921 (105 years old).
Condition: Despite being built in 1921, this property has undergone an extensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criteria. The kitchen features sleek quartz countertops, modern white cabinetry, stainless steel appliances, and an elegant backsplash, all appearing virtually new. The bathroom is similarly updated with a modern vanity, fixtures, and a contemporary shower. Luxury laminate vinyl plank flooring is consistent throughout the main living areas, and recessed lighting adds to the modern aesthetic. All visible components are new or virtually new, showing no deferred maintenance.
Year Built
1921
Close
-
List price
$588K
Original List price
$628K
Price/Sqft
$766
HOA
-
Days on market
-
Sold On
-
MLS number
ML82024124
Home ConditionExcellent
Features
ViewNeighborhood
About this home
Welcome to this beautifully updated 2-bedroom, 1-bath home featuring a modern open floor plan and stylish finishes throughout. The kitchen is equipped with sleek quartz countertops, stainless steel appliances, and an elegant backsplash, seamlessly combining functionality with contemporary design. Enjoy luxury laminate vinyl plank flooring, in-unit washer and dryer conveniently tucked under the countertop, and two spacious storage sheds in the large backyard perfect for extra space or hobbies. Centrally located in a high-demand commercial area of downtown Hayward, this property offers unbeatable access to local shops, banks, restaurants, and public transportation. Perfect for those seeking the ideal balance of residential comfort and urban convenience.
I
Irene L. Castillo
Listing Agent
Price History
Date
Event
Price
04/15/19
Sold
$525,000
07/01/14
Sold
$315,000
Condition Rating
Excellent
Despite being built in 1921, this property has undergone an extensive and high-quality renovation, aligning with the 'extensively renovated within 5 years' criteria. The kitchen features sleek quartz countertops, modern white cabinetry, stainless steel appliances, and an elegant backsplash, all appearing virtually new. The bathroom is similarly updated with a modern vanity, fixtures, and a contemporary shower. Luxury laminate vinyl plank flooring is consistent throughout the main living areas, and recessed lighting adds to the modern aesthetic. All visible components are new or virtually new, showing no deferred maintenance.
Pros & Cons
Pros
Extensively Updated Interior: The home boasts a beautifully updated modern open floor plan with stylish finishes throughout, including luxury laminate vinyl plank flooring.
Prime Downtown Location: Centrally located in a high-demand commercial area of downtown Hayward, offering unbeatable access to local shops, restaurants, and public transportation.
Modern & Functional Kitchen: The kitchen features sleek quartz countertops, stainless steel appliances, and an elegant backsplash, blending contemporary design with practicality.
Valuable Outdoor Storage: The large backyard includes two spacious storage sheds, providing excellent extra space for hobbies or storage needs.
Convenient In-Unit Laundry: Equipped with an in-unit washer and dryer conveniently tucked under the countertop, enhancing daily living convenience.
Cons
Compact Living Space: With only 2 bedrooms, 1 bathroom, and 768 sqft, the property offers limited living space, which may not suit all buyer needs.
Recent Price Reduction: A recent price reduction from $628,000 to $588,000 suggests potential market resistance or initial overpricing.
Historic Construction: Built in 1921, the property's age, despite updates, may raise concerns for some buyers regarding potential maintenance of older systems or infrastructure.