3007 Parker Rd, Richmond, California 94806, Richmond, 94806 - 4 bed, 3 bath
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3007 Parker Rd
Richmond, California 94806
ACTIVE
CONDITION: FAIR
4Beds
3Baths
1,700Sq Ft
5,084Lot Size
Property Price
LIST PRICE$649,000
EST. MARKET VALUE
$662,178
SUMMARY
This 4-bedroom, 3-bathroom single-family residence represents a High-Potential Investment Opportunity, listed at a List Price of $649,000—positioned well below the $662,178 Fair Market Value by 2%. This valuation gap offers $13,178 in Instant Equity. With a Fair Condition Rating, the property features a versatile layout with two primary suites, a 2-car garage, and side access for RV parking. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build value through cosmetic updates.
Estimated Market Value
$662,178
Based on Realkey algorithm analyzing recent comparable sales in Richmond.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3007 Parker Rd Subject 4 bd · 3 ba · 1,700 sqft · $390 | $649,000* List Price | 4 | 3 | 1,700 | $390 | - |
A 2929 Alta Mira Dr Sold 4 bd · 2 ba · 1,165 sqft · $459 · 0.3 mi | $535,000 | 4 | 2 | 1,165 | $459 | 0.3 mi |
B 2873 Oxford Avenue Sold 4 bd · 3 ba · 1,936 sqft · $408 · 0.7 mi | $790,000 | 4 | 3 | 1,936 | $408 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1961 and held by the original owner, the property is functional but significantly dated. The kitchen retains original cabinetry and older finishes, while the interior shows worn carpeting and walls in need of TLC. Although it features double-pane windows, the home requires cosmetic updates and minor repairs throughout to meet modern standards, fitting the criteria for a well-lived-in home over 20 years old without recent major renovations.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
The home features a rare four-bedroom, three-bathroom layout including two primary suites, providing excellent flexibility for multi-generational families or guest accommodations.
- Extensive Parking and Storage
With a two-car garage, a three-car driveway, and dedicated side access for an RV or boat, the property offers exceptional utility for vehicle and equipment storage.
- Value-Add Potential
Held by the original owner since 1961, this property presents a prime opportunity for buyers to build equity through cosmetic updates and personalized renovations.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Required Modernization
The residence requires significant TLC and updating to meet contemporary aesthetic and functional standards, necessitating additional budget for repairs.
- Local School Performance
Several assigned schools in the immediate area carry low performance ratings, which may be a consideration for families focused on academic rankings.
About 3007 Parker Rd
Welcome to this spacious two-story single-family home, owned by the same owner since it was built and now ready for its next chapter. Featuring 4 bedrooms and 3 bathrooms, including two primary bedrooms, this home offers a versatile floor plan with plenty of space and flexibility for comfortable living. Additional features include double-pane windows, a 2-car garage, a 3-car driveway, and a side driveway with potential RV or boat parking. The good-sized backyard offers privacy and plenty of room for entertaining, outdoor activities, or simply enjoying the outdoors. A large, functional storage unit provides additional space for tools, hobbies, an office space, and everyday storage needs. With its spacious layout and desirable features, this home presents an excellent opportunity to add your personal touches and make it your own. Some updating and TLC can further enhance its appeal and bring your vision to life. Conveniently located near shopping and freeway access.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 5,084 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Richmond Unified Schools
Highland Elementary School
Grades K-6 • 0.2 mi
4/10
Bayview Elementary School
Grades K-6 • 1.3 mi
2/10
Tara Hills Elementary School
Grades K-6 • 1.8 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 1.7 |
| Square foot | 1,700 | 1,182.264 |
| Lot Size | 5,084 | 5,000 |
| Price | $649.0K | $667.7K |
| Price per sq ft | $382 | $537 |
| Built year | 1961 | 1947 |
| HOA | $0 | $152 |
| Days on market | 9 | 39 |
Pricing History
Listed for Sale
Oct 15, 2026
$649,000
Initial Listing