3916 Jenkins Way, Richmond, California 94806, Richmond, 94806 - 3 bed, 1 bath

3916 Jenkins Way, Richmond, California 94806 home-pic-0
ACTIVE$449,000
3916 Jenkins Way, Richmond, California 94806
3Beds
1Bath
974Sqft
5,050Lot

Price Vs. Estimate

The estimated value ($400,755.265) is $48,244.735 (10%) lower than the list price ($449,000). This property may be overpriced.

Key pros and cons

Top Pros:
Significant Investment Opportunity: The property is explicitly marketed as a 'TOTAL FIXER,' offering substantial potential for value appreciation and sweat equity for investors or handy buyers willing to undertake a full renovation.
Top Cons:
Extensive Renovation Required: The property is a 'TOTAL FIXER' needing 'total rehab inside and out,' indicating a substantial financial investment and time commitment for repairs and upgrades beyond cosmetic improvements.

Compared to the nearby listings

Price:$449.0K vs avg $622.5K ($-173,500)5%
Size:974 sqft vs avg 1,305 sqft19%
Price/sqft:$461 vs avg $46350%

More Insights

Built in 1950 (75 years old).
Condition: Built in 1950, this property is over 70 years old. The listing explicitly states 'TOTAL FIXER!' and 'Total rehab needed inside and out,' indicating substantial repairs and rehabilitation are required. The exterior images confirm significant disrepair and neglect, with an unkempt yard, old windows, and a boarded-up garage area. While no interior images are provided, the description strongly suggests major components require repair and the property is likely unsafe or very uncomfortable in its current state, aligning with the 'Poor' condition criteria.
Year Built
1950
Close
-
List price
$449K
Original List price
$449K
Price/Sqft
$461
HOA
-
Days on market
-
Sold On
-
MLS number
41107619
Home ConditionPoor
Features
View-

About this home

TOTAL FIXER! Build sweat equity by fixing this one! Restore to original glory. 3 bedrooms, 1 bath. Total rehab needed inside and out. Located within very close proximity to Richmond Golf Club.

Nearby schools

5/10
Montalvin Manor Elementary School
Public,K-61.4mi
2/10
Pinole Middle School
Public,7-83.1mi
5/10
Pinole Valley High School
Public,9-123.9mi
Condition Rating
Poor

Built in 1950, this property is over 70 years old. The listing explicitly states 'TOTAL FIXER!' and 'Total rehab needed inside and out,' indicating substantial repairs and rehabilitation are required. The exterior images confirm significant disrepair and neglect, with an unkempt yard, old windows, and a boarded-up garage area. While no interior images are provided, the description strongly suggests major components require repair and the property is likely unsafe or very uncomfortable in its current state, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Significant Investment Opportunity: The property is explicitly marketed as a 'TOTAL FIXER,' offering substantial potential for value appreciation and sweat equity for investors or handy buyers willing to undertake a full renovation.
Desirable Lot Size: A 5050 sqft lot provides ample outdoor space for landscaping, potential expansion, or recreational use, enhancing the property's appeal and future development possibilities.
Proximity to Golf Course: Its location 'very close proximity to Richmond Golf Club' is a distinct amenity, appealing to golf enthusiasts or those seeking nearby recreational facilities.
Strong Elementary and High School Ratings: The presence of highly-rated elementary (5/10) and high schools (5/10) in the area is a significant draw for families, positively impacting long-term desirability.
Single-Family Residence Type: As a single-family home, it offers privacy and autonomy, a highly sought-after property type in the market, which typically holds strong resale value.

Cons

Extensive Renovation Required: The property is a 'TOTAL FIXER' needing 'total rehab inside and out,' indicating a substantial financial investment and time commitment for repairs and upgrades beyond cosmetic improvements.
Outdated Systems and Age: Built in 1950, the home likely has original, outdated systems (plumbing, electrical, HVAC) that will require significant replacement, adding to the overall renovation costs and complexity.
Poor Middle School Rating: The assigned middle school (Pinole Middle School) has a low rating (2/10), which could be a significant deterrent for families with school-aged children and impact market appeal.

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