3161 Birmingham Dr 205, Richmond, California 94806, Richmond, 94806 - 2 bed, 2 bath
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3161 Birmingham Dr 205
Richmond, California 94806
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,156Sq Ft
0Lot Size
Property Price
LIST PRICE$295,000
EST. MARKET VALUE
$337,232
12% BelowMARKET VALUE
SUMMARY
This two-level condo presents a High-Potential Investment Opportunity with a List Price of $295,000—positioned well below the $337,232 Fair Market Value by 12%. This valuation gap offers $42,232 in Instant Equity for buyers. Featuring a Condition Rating of 4, the property offers a functional layout with a private balcony and two assigned parking spaces. While the school district ratings are modest, the price point provides a strategic entry for Buy-and-Hold Investors or first-time buyers seeking to build equity through cosmetic updates.
Estimated Market Value
$337,232+$42,232 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3161 Birmingham Dr 205 Subject 2 bd · 2 ba · 1,156 sqft · $292 | $295,000* List Price | 2 | 2 | 1,156 | $292 | - |
A 2776 East Ct Sold 2 bd · 2 ba · 1,176 sqft · $289 · 0.6 mi | $340,000 | 2 | 2 | 1,176 | $289 | 0.6 mi |
B 3746 Stoneglen N Sold 2 bd · 2 ba · 1,152 sqft · $330 · 0.6 mi | $380,000 | 2 | 2 | 1,152 | $330 | 0.6 mi |
C 3754 Stoneglen N Sold 2 bd · 2 ba · 1,176 sqft · $323 · 0.6 mi | $380,000 | 2 | 2 | 1,176 | $323 | 0.6 mi |
D 3657 West Ct Sold 1 bd · 1 ba · 1,005 sqft · $324 · 0.5 mi | $326,000 | 1 | 1 | 1,005 | $324 | 0.5 mi |
E 3784 Stoneglen N Sold 1 bd · 1 ba · 1,005 sqft · $284 · 0.6 mi | $285,000 | 1 | 1 | 1,005 | $284 | 0.6 mi |
F 3161 Birmingham Drive 213 Active 2 bd · 2 ba · 1,156 sqft · $260 · 0.0 mi | $300,000 List Price | 2 | 2 | 1,156 | $260 | 0.0 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 1981 (43 years old), the property is dated and likely features original kitchen and bath components based on the 'make this home your own' description. While it has newer laminate flooring and appears well-maintained, the electric baseboard heaters and overall aesthetic suggest it needs minor repairs and modern updates to meet current standards.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Pricing
Listed at $295,000, this property offers an exceptional entry-level price point for the Bay Area market, making it highly attractive for first-time buyers and investors.
- Functional Two-Level Layout
The floor plan provides excellent separation of space, with social areas on the main level and bedrooms upstairs, ensuring privacy and a house-like feel within a condo.
- Ample Assigned Parking
The inclusion of two assigned parking spaces is a significant value-add for a multi-unit development, providing convenience and security for multi-vehicle households.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $630 monthly association fee is a substantial recurring expense that may impact a buyer's purchasing power and overall monthly affordability.
- Low-Rated School District
The assigned elementary and middle schools have low ratings (2/10), which could be a deterrent for families and potentially limit long-term appreciation.
About 3161 Birmingham Dr 205
This two-level, 2-bedroom, 1.5-bath condo offers a comfortable and functional layout with plenty of natural light. The main level features a spacious living area, dining area, kitchen, half bath, and private balcony, while both bedrooms and the full bath are located upstairs for added privacy. Includes two assigned parking spaces for added convenience. Conveniently located near shopping, dining, transportation, and major commuter routes. An excellent opportunity at an attractive price point—come see the possibilities and make this home your own!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1981
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $630.0 / Month
Neighborhood Insights
Richmond Unified Schools
Bayview Elementary School
Grades K-6 • 0.5 mi
2/10
Highland Elementary School
Grades K-6 • 0.6 mi
4/10
Tara Hills Elementary School
Grades K-6 • 1.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.7 |
| Baths | 2.0 | 1.5 |
| Square foot | 1,156 | 970.767 |
| Lot Size | - | 2,044.217 |
| Price | $295.0K | $423.0K |
| Price per sq ft | $255 | $456 |
| Built year | 1981 | 1989 |
| HOA | $630.0 | $624 |
| Days on market | 17 | 79 |
Pricing History
Listed for Sale
Oct 7, 2026
$295,000
Initial Listing
Sold
May 23, 2014
$134,000
Public Record
Sold
May 9, 1994
$86,000
Public Record