3161 Birmingham Dr 205, Richmond, California 94806, Richmond, 94806 - 2 bed, 2 bath
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Richmond, California 94806
This two-story condo represents a High-Potential Investment Opportunity, listed at a List Price of $325,000—positioned well below the $372,209 Fair Market Value by 12%. This valuation gap provides $47,209 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home offers a move-in ready layout with a private deck and updated kitchen. While the school district ratings are modest, the property’s accessibility makes it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3161 Birmingham Dr 205 Subject | $325,000* List Price | 2 | 2 | 1,156 | $322 | - |
A 3657 West Ct Sold | $326,000 | 1 | 1 | 1,005 | $324 | 0.5 mi |
B 3746 Stoneglen N Pending | $359,000 List Price | 2 | 2 | 1,152 | $312 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981 (43 years old), the property is well-maintained and move-in ready with fresh paint and newer flooring in the living area. However, the kitchen remains dated with original-style oak cabinetry and older white appliances, and the baseboard heating system reflects the home's age. It fits the 'Fair' category as it is over 20 years old and features a mix of cosmetic refreshes and dated functional elements.
The property features a stylishly updated kitchen, fresh interior paint, and a sun-drenched two-story layout, offering a turnkey experience for first-time homebuyers.
At a list price of $325,000 for a two-bedroom residence, this condo represents a highly accessible entry point into the Bay Area real estate market.
The inclusion of a private deck off the main living area provides a dedicated space for outdoor relaxation, enhancing the overall living experience and appeal.
The association fee of $630 per month is relatively high compared to the purchase price, which may impact the overall affordability and debt-to-income ratio for buyers.
The assigned elementary and middle schools have low ratings (2/10), which could be a significant drawback for families and may affect long-term property appreciation.
This beautifully updated two-story condo is the perfect entry point into homeownership. Featuring two bedrooms and 1.5 baths, the home boasts a fresh coat of paint and a stylishly updated kitchen. The main level offers a seamless flow from the formal dining room into a spacious, sun-drenched living room. Step through the sliding doors onto your private deck—the perfect spot for morning coffee or golden-hour relaxation. The perfect entry point into homeownership—move-in ready and designed for a low-maintenance lifestyle, Ideally situated for effortless living, this location offers a premier blend of outdoor recreation, retail convenience, and streamlined transit access.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 0.6 mi
Grades K-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 57% |
| Square foot | 1,156 | 1,005 | 57% |
| Lot Size | - | - | 50% |
| Price | $325.0K | $325.0K | 50% |
| Price per sq ft | $281 | $284 | 43% |
| Built year | 1981 | 1986 | 29% |
| HOA | $630.0 | $604 | 57% |
| Days on market | 31 | 200 | 14% |
May 14, 2026
$325,000
Initial Listing
May 23, 2014
$134,000
Public Record
May 9, 1994
$86,000
Public Record