2417 Esmond Ave, Richmond, California 94804, Richmond, 94804 - 2 bed, 1 bath

2417 Esmond Ave, Richmond, California 94804 home-pic-0
ACTIVE$475,600$873/sqft
Est. Value: $462,164
-2%
FairlyEstimate
2417 Esmond Ave, Richmond, California 94804
2Beds
1Bath
873Sqft
3,132Lot

Price Vs. Estimate

The estimated value ($462,163.505) is $13,436.495 (2%) lower than the list price ($475,600). This property may be overpriced.

Key pros and cons

Top Pros:
Move-in Ready Condition: The property is described as 'MOVE IN CONDITION,' which is a significant advantage for buyers looking for immediate occupancy without the need for extensive initial renovations.
Top Cons:
Unwarranted Additional Structure: The 'ADDITIONAL DETACHED UNWARRANTED BEDROOM, BATHROOM' poses a significant risk, as it may not be permitted or up to code, potentially leading to costly legalization efforts, removal requirements, or insurance complications.

Compared to the nearby listings

Price:$475.6K vs avg $560.0K ($-84,400)20%
Size:873 sqft vs avg 1,088 sqft20%
Price/sqft:$545 vs avg $52959%

More Insights

Built in 1923 (103 years old).
Condition: Built in 1923, this property is over a century old. While the listing states 'MOVE IN CONDITION' and exterior images suggest updated windows, the lack of interior photos prevents a detailed assessment of the kitchen, bathrooms, and other critical systems. Given its age, it's highly probable that while functional, the interior finishes, appliances, and major systems (HVAC, electrical, plumbing) are likely outdated or have undergone renovations 15-30 years ago, fitting the 'Fair' category. It likely requires minor updates to meet current aesthetic and efficiency standards, and the 'unwarranted' detached structure adds a layer of complexity and potential future cost.
Year Built
1923
Close
-
List price
$476K
Original List price
$476K
Price/Sqft
$545
HOA
-
Days on market
-
Sold On
-
MLS number
41120532
Home ConditionFair
Features
View-

About this home

MOVE IN CONDITION, CLOSE TO ALL AMENITIES, ADDITIONAL DETACHED UNWARRANTED BEDROOM, BATHROOM IN THE BACKYARD.

L
Lou Espinosa
Listing Agent

Price History

Date
Event
Price
06/29/10
Sold
$120,000
08/29/03
Sold
$295,000
03/24/03
Sold
$205,000
01/28/03
Sold
$114,000
Condition Rating
Fair

Built in 1923, this property is over a century old. While the listing states 'MOVE IN CONDITION' and exterior images suggest updated windows, the lack of interior photos prevents a detailed assessment of the kitchen, bathrooms, and other critical systems. Given its age, it's highly probable that while functional, the interior finishes, appliances, and major systems (HVAC, electrical, plumbing) are likely outdated or have undergone renovations 15-30 years ago, fitting the 'Fair' category. It likely requires minor updates to meet current aesthetic and efficiency standards, and the 'unwarranted' detached structure adds a layer of complexity and potential future cost.
Pros & Cons

Pros

Move-in Ready Condition: The property is described as 'MOVE IN CONDITION,' which is a significant advantage for buyers looking for immediate occupancy without the need for extensive initial renovations.
Convenient Location: Its proximity 'CLOSE TO ALL AMENITIES' enhances daily convenience, offering easy access to services, shopping, and potentially transportation options.
Potential for Expanded Living Space: The 'ADDITIONAL DETACHED UNWARRANTED BEDROOM, BATHROOM IN THE BACKYARD' provides flexible options for a guest suite, home office, or potential auxiliary living unit, adding functional value.
Accessible Price Point: Listed at $475,600, this single-family residence offers a relatively affordable entry point into the competitive Richmond real estate market.
Single-Family Home Ownership: As a 'Single Family Residence,' it provides the desirable benefits of privacy, land ownership, and no HOA fees, appealing to a broad range of buyers.

Cons

Unwarranted Additional Structure: The 'ADDITIONAL DETACHED UNWARRANTED BEDROOM, BATHROOM' poses a significant risk, as it may not be permitted or up to code, potentially leading to costly legalization efforts, removal requirements, or insurance complications.
Historic Age and Potential Maintenance: Built in 1923, the property is over a century old, which could imply aging infrastructure, systems (plumbing, electrical), and a higher likelihood of requiring ongoing maintenance or significant upgrades.
Limited Interior Space and Single Bathroom: With only 873 sqft and a single bathroom for two bedrooms, the property offers limited living space and potentially inconvenient bathroom access for multiple occupants or families.
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