250 S 47th St, Richmond, California 94804, Richmond, 94804 - 3 bed, 3 bath

250 S 47th St, Richmond, California 94804 home-pic-0
ACTIVE$649,999
250 S 47th St, Richmond, California 94804
3Beds
3Baths
1,471Sqft
4,000Lot

Price Vs. Estimate

The estimated value ($657,534.04) is $7,535.04 (1%) lower than the list price ($649,999). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location: The property is situated in a prime and highly desirable neighborhood, enhancing its appeal and potential value.
Top Cons:
Age of Property / Potential for Dated Systems: Built in 1980, the home may have original systems (e.g., HVAC, plumbing, electrical) that could require future maintenance, upgrades, or be less energy-efficient.

Compared to the nearby listings

Price:$650.0K vs avg $600.0K (+$49,999)57%
Size:1,471 sqft vs avg 1,123 sqft70%
Price/sqft:$442 vs avg $52424%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, the property shows evidence of significant and modern renovations in key areas. The kitchen features contemporary wood-look cabinets, quartz countertops with a waterfall edge, a modern backsplash, stainless steel appliances (including a double oven range), and modern wood-look tile flooring. The bathroom also boasts a modern vanity with a vessel sink, updated lighting, and modern tile in the shower and on the floor. The laundry area is also updated with modern appliances and matching flooring. These updates suggest a renovation within the last 5-15 years, making the property move-in ready with no immediate renovation required for these critical spaces. While the overall age of the house implies potential for older systems elsewhere, the visible improvements are substantial enough to warrant a 'Good' rating.
Year Built
1980
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$442
HOA
-
Days on market
-
Sold On
-
MLS number
41119109
Home ConditionGood
Features
Deck
Patio
View-

About this home

This charming two-story single-family house offers 3 bedrooms and 2.5 bathrooms in a prime and highly desirable neighborhood, ideally Situated near Highways 80 and 580 for easy commuting. Just minutes from restaurants, grocery stores, Bart and Parks. The lovely side yard featuring a specious, well-designed deck, perfect for outdoor dining and relaxation. With its ideal location and inviting layout, this home is a wonderful opportunity you won't want to miss!!

Price History

Date
Event
Price
02/22/99
Sold
$129,000
08/27/19
Sold
$233,000
07/21/17
Sold
$445,000
Condition Rating
Good

Despite being built in 1980, the property shows evidence of significant and modern renovations in key areas. The kitchen features contemporary wood-look cabinets, quartz countertops with a waterfall edge, a modern backsplash, stainless steel appliances (including a double oven range), and modern wood-look tile flooring. The bathroom also boasts a modern vanity with a vessel sink, updated lighting, and modern tile in the shower and on the floor. The laundry area is also updated with modern appliances and matching flooring. These updates suggest a renovation within the last 5-15 years, making the property move-in ready with no immediate renovation required for these critical spaces. While the overall age of the house implies potential for older systems elsewhere, the visible improvements are substantial enough to warrant a 'Good' rating.
Pros & Cons

Pros

Prime Location: The property is situated in a prime and highly desirable neighborhood, enhancing its appeal and potential value.
Exceptional Commuter Access: Strategically located near Highways 80 and 580, offering convenient and easy commuting options.
Proximity to Amenities: Enjoying close proximity to essential amenities including restaurants, grocery stores, BART, and parks, providing a high level of convenience.
Dedicated Outdoor Living: Features a lovely side yard with a spacious, well-designed deck, ideal for outdoor dining, relaxation, and entertaining.
Strong Investment Potential: The property's sales history demonstrates significant value appreciation over time, suggesting a robust investment opportunity in the market.

Cons

Age of Property / Potential for Dated Systems: Built in 1980, the home may have original systems (e.g., HVAC, plumbing, electrical) that could require future maintenance, upgrades, or be less energy-efficient.
Modest Lot Size: With a lot size of 4000 sqft, the property offers limited outdoor space, which might not appeal to buyers seeking a larger yard or extensive landscaping opportunities.
Unspecified Interior Modernization: The description does not highlight recent interior updates or renovations, suggesting that some internal features might be original to its 1980 build and could benefit from modernization to meet contemporary tastes.

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