532 5th St, Richmond, California 94801, Richmond, 94801 - 5 bed, 4 bath
ACTIVE$599,000$2,000/sqft
Est. Value: $640,899
6%
BelowEstimate
532 5th St, Richmond, California 94801
5Beds
4Baths
2,000Sqft
4,200Lot
Price Vs. Estimate
The estimated value ($640,899.34) is $41,899.34 (6%) higher than the list price ($599,000). This property may be underpriced.
Key pros and cons
Top Pros:
Extensive Modern Renovation: The property has undergone significant, permitted upgrades, transforming it into an 'almost brand new house' with a new kitchen, appliances, dual pane windows, hardwood floors, granite counters, and updated bathrooms, ensuring a move-in ready experience.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1560. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Compared to the nearby listings
Price:$599.0K vs avg $523.5K (+$75,550)69%
Size:2,000 sqft vs avg 1,150 sqft81%
Price/sqft:$300 vs avg $4228%
More Insights
Built in 1906 (120 years old).
Condition: Despite the 1906 build year, the property has undergone extensive, permitted renovations, making it 'almost a brand new house.' The kitchen and bathrooms feature new, modern cabinets, quartz countertops, stainless steel appliances, smart mirrors, and contemporary fixtures. New dual-pane windows, hardwood-look tile flooring, fresh paint, and updated lighting throughout, including a new permitted ADU with similar high-quality finishes, indicate a complete and recent overhaul, meeting current quality standards with no deferred maintenance.
Year Built
1906
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$300
HOA
-
Days on market
-
Sold On
-
MLS number
41120865
Home ConditionExcellent
Features
Deck
Patio
View-
About this home
Almost a brand new house with a new permitted in-law unit in the back! Major upgrades. New kitchen, appliances, dual pane windows, paint, hardwood-floor, granite counters, doors, bathrooms, lights, smart mirrors, carpets, cabinets & much more to list here! Move in the main house & rent the ADU or rent both units for income! 4 bedrooms & 2.5 bathrooms in the main house + Balcony. 1 bedroom, living room, full bath & kitchen in the ADU. Walking distance to Kaiser Permanente & a few blocks to the City Hall. Hurry, this is a winner!
K
Ken Doroodian
Listing Agent
Nearby schools
3/10
Peres Elementary School
Public,•K-6•0.3mi
3/10
Lincoln Elementary School
Public,•K-6•0.5mi
3/10
Washington Elementary School
Public,•K-6•1.3mi
1/10
Lovonya Dejean Middle School
Public,•7-8•1.5mi
1/10
Helms Middle School
Public,•7-8•2.1mi
4/10
Fred T. Korematsu Middle School
Public,•7-8•3.9mi
3/10
Richmond High School
Public,•9-12•1.3mi
2/10
Kennedy High School
Public,•9-12•2.2mi
Price History
Date
Event
Price
05/29/97
Sold
$110,000
11/24/15
Sold
$230,000
Condition Rating
Excellent
Despite the 1906 build year, the property has undergone extensive, permitted renovations, making it 'almost a brand new house.' The kitchen and bathrooms feature new, modern cabinets, quartz countertops, stainless steel appliances, smart mirrors, and contemporary fixtures. New dual-pane windows, hardwood-look tile flooring, fresh paint, and updated lighting throughout, including a new permitted ADU with similar high-quality finishes, indicate a complete and recent overhaul, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Extensive Modern Renovation: The property has undergone significant, permitted upgrades, transforming it into an 'almost brand new house' with a new kitchen, appliances, dual pane windows, hardwood floors, granite counters, and updated bathrooms, ensuring a move-in ready experience.
Permitted ADU with Income Potential: A newly permitted accessory dwelling unit (ADU) in the back, complete with a bedroom, living room, full bath, and kitchen, offers excellent flexibility for rental income or multi-generational living arrangements.
Strategic Walkable Location: Situated within walking distance to Kaiser Permanente and a few blocks from City Hall, the property boasts a highly convenient and walkable location, providing easy access to essential services and employment opportunities.
Dual-Unit Configuration: The property features a main house with 4 beds/2.5 baths and a separate 1-bed/1-bath ADU, providing a versatile layout suitable for owner-occupancy with rental income or a full investment property.
Modern Interior Finishes: The recent renovations include high-quality modern finishes such as dual-pane windows, hardwood flooring, granite countertops, and smart mirrors, enhancing both aesthetics and functionality.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1560. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Subpar School Ratings: The proximity to several schools with low ratings (e.g., Lovonya Dejean Middle, Helms Middle, Kennedy High) may be a concern for families prioritizing highly-rated educational institutions, potentially affecting long-term appeal.
Age of Original Structure: Despite extensive renovations, the property's original construction year of 1906 means that some foundational or unseen structural components may still be over a century old, potentially requiring future maintenance or inspection beyond the visible upgrades.
Undefined Subdivision: The 'Other' designation for the subdivision name might indicate a lack of a distinct or established neighborhood identity, which could influence perceived community amenities or future resale value compared to properties in clearly defined subdivisions.