1613 5th St, Richmond, California 94801, Richmond, 94801 - 3 bed, 2 bath
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Richmond, California 94801
This Single Family Residence is a Strong Value Opportunity, listed at $565,000—positioned well below the $582,760 Fair Market Value by 3%. This valuation gap offers $17,760 in Instant Equity for the buyer. Built in 2005, the property maintains a Good Condition Rating with modern systems and a functional 1,425 sqft layout. While local school ratings are low, the home’s move-in ready status and competitive pricing make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry into the market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1613 5th St Subject | $565,000* List Price | 3 | 2 | 1,425 | $409 | - |
A 128 Malcolm Dr Sold | $665,000 | 4 | 3 | 1,537 | $433 | 0.4 mi |
B 747 9th St Sold | $500,000 | 3 | 1 | 1,032 | $484 | 0.9 mi |
C 101 Sanford Ave Sold | $535,000 | 3 | 3 | 1,574 | $340 | 0.5 mi |
D 500 500 Gertrude Ave Sold | $589,000 | 3 | 3 | 1,664 | $354 | 0.2 mi |
E 940 Lucas Ave Sold | $570,000 | 4 | 2 | 1,408 | $405 | 0.9 mi |
F 1921 Coalinga Ave Sold | $650,000 | 3 | 2 | 1,265 | $514 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (approx. 19 years old), the property falls within the 10-20 year bracket. It appears well-maintained and move-in ready with functional tile flooring and no immediate signs of structural or system distress.
Built in 2005, this home is significantly newer than much of the surrounding housing stock in Richmond, offering more modern building standards, systems, and energy efficiency.
The 1,425 square foot layout features three well-sized bedrooms and two full bathrooms, providing a practical and spacious environment for families or first-time buyers.
At $565,000, the property offers a highly accessible entry point into the Bay Area's single-family residential market for a move-in ready home.
The assigned public schools have very low performance ratings (ranging from 1 to 3), which may be a significant drawback for families and could impact future resale value.
The 3,900 square foot lot is relatively modest, providing limited space for extensive gardening, outdoor entertaining, or future structural expansions.
This is a great opportunity. This house was built in 2008, and it is in good condition. Come and see it. Good size bedrooms Offers will be presented as they come.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 1.3 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,425 | 1,157 |
| Lot Size | 3,900 | 5,000 |
| Price | $565.0K | $681.0K |
| Price per sq ft | $396 | $503 |
| Built year | 2005 | 1943 |
| HOA | $0 | $125 |
| Days on market | 5 | 40 |
Jul 18, 2026
$565,000
Initial Listing
Sep 23, 2008
$90,000
Public Record
Jun 14, 2006
$485,000
Public Record
Jul 5, 2005
$485,000
Public Record
May 14, 2004
$85,000
Public Record