1319 Kelsey Street, Richmond, California 94801, Richmond, 94801 - 2 bed, 1 bath

1319 Kelsey Street, Richmond, California 94801 home-pic-0
ACTIVE$535,000$518/sqft
Est. Value: $492,274
-7%
AboveEstimate
1319 Kelsey Street, Richmond, California 94801
2Beds
1Bath
518Sqft
2,500Lot

Price Vs. Estimate

The estimated value ($492,274.365) is $42,725.635 (7%) lower than the list price ($535,000). This property may be overpriced.

Key pros and cons

Top Pros:
Income-Generating Opportunity: The property features a main cottage and a separate studio unit, with the studio currently rented, providing immediate income potential or flexible multi-generational living.
Top Cons:
Limited Living Space: The main cottage offers a compact 518 square feet, which may be restrictive for buyers seeking more expansive living areas.

Compared to the nearby listings

Price:$535.0K vs avg $523.5K (+$11,550)56%
Size:518 sqft vs avg 1,148 sqft3%
Price/sqft:$1.0K vs avg $42797%

More Insights

Built in 1916 (110 years old).
Condition: Despite being built in 1916, this property has undergone extensive and recent renovations, making it move-in ready. The kitchen features updated grey shaker-style cabinets, laminate countertops, and functional white appliances. The bathroom boasts a modern vanity and contemporary marble-look tile in the shower/tub. Throughout the home, there is consistent laminate wood flooring, fresh paint, and updated light fixtures/ceiling fans. The exterior is also well-maintained with fresh paint, new fencing, and artificial turf, indicating significant investment in its upkeep and modernization within the last 5-15 years.
Year Built
1916
Close
-
List price
$535K
Original List price
$535K
Price/Sqft
$1,033
HOA
-
Days on market
-
Sold On
-
MLS number
41120541
Home ConditionGood
Features
Patio
View-

About this home

Charming cottage plus studio, in quiet neighborhood. Live in one and rent the other. The two-bedroom, one-bathroom cottage is quaint and features a galley kitchen that opens up to a cozy dining area and family room. This cottage has indoor laundry/mudroom with hook-ups and room for a full-sized washer and dryer. When you step outside, the rear patio is perfect for entertaining guests. There is an additional rear yard behind the second cottage with a large artificial lawn, perfect for bocce or family fun. Ther rear studio is equipped with a kitchen and bathroom and is currently being rented. Close to the park, schools, shopping and freeway access. You won't want to miss this gem!

S
Sheyna Dumas
Listing Agent

Nearby schools

2/10
Verde Elementary School
Public,K-60.6mi
1/10
Helms Middle School
Public,7-81.5mi
3/10
Richmond High School
Public,9-120.9mi

Price History

Date
Event
Price
12/22/21
Sold
$190,000
01/04/21
Sold
$180,000
06/05/18
Sold
$290,000
Condition Rating
Good

Despite being built in 1916, this property has undergone extensive and recent renovations, making it move-in ready. The kitchen features updated grey shaker-style cabinets, laminate countertops, and functional white appliances. The bathroom boasts a modern vanity and contemporary marble-look tile in the shower/tub. Throughout the home, there is consistent laminate wood flooring, fresh paint, and updated light fixtures/ceiling fans. The exterior is also well-maintained with fresh paint, new fencing, and artificial turf, indicating significant investment in its upkeep and modernization within the last 5-15 years.
Pros & Cons

Pros

Income-Generating Opportunity: The property features a main cottage and a separate studio unit, with the studio currently rented, providing immediate income potential or flexible multi-generational living.
Enhanced Outdoor Living: Includes a rear patio perfect for entertaining and an additional rear yard with a large artificial lawn, offering versatile outdoor space for recreation and gatherings.
Convenient Location: Strategically located with easy access to local parks, schools, shopping amenities, and major freeway routes.
Quiet Neighborhood Setting: Situated in a quiet neighborhood, contributing to a peaceful and desirable living environment.
Practical Interior Amenities: The main cottage is equipped with an indoor laundry/mudroom, complete with hook-ups for a full-sized washer and dryer, enhancing daily convenience.

Cons

Limited Living Space: The main cottage offers a compact 518 square feet, which may be restrictive for buyers seeking more expansive living areas.
Historic Property Age: Built in 1916, the property's age suggests potential for ongoing maintenance and updates to systems and infrastructure.
Lower-Rated Schools: Proximity to schools with lower ratings (Helms Middle School: 1, Verde Elementary School: 2) may be a concern for families prioritizing highly-rated educational institutions.
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