589 5th St, Richmond, California 94801, Richmond, 94801 - 2 bed, 1 bath

589 5th St, Richmond, California 94801 home-pic-0
ACTIVE$360,000
589 5th St, Richmond, California 94801
2Beds
1Bath
823Sqft
2,065Lot

Price Vs. Estimate

The estimated value ($389,491.92) is $29,491.92 (8%) higher than the list price ($360,000). This property may be underpriced.

Key pros and cons

Top Pros:
Move-in Ready & Modern Updates: The property is described as 'charming and move-in ready' with 'thoughtfully updated with modern touches throughout,' appealing to buyers seeking immediate occupancy without extensive renovations.
Top Cons:
Compact Living Space: With 823 sqft, 2 bedrooms, and 1 bathroom, the property offers limited living space, which may not suit larger families or those desiring more room.

Compared to the nearby listings

Price:$360.0K vs avg $530.0K ($-170,000)10%
Size:823 sqft vs avg 1,148 sqft12%
Price/sqft:$437 vs avg $42951%

More Insights

Built in 1918 (107 years old).
Condition: Built in 1918, this property has been extensively renovated with 'modern touches throughout' and 'recently replaced nearly all the windows,' indicating significant updates within the last 5-15 years. The inclusion of a Wi-Fi connected gas range and security system points to very recent, functional upgrades. While specific kitchen and bathroom images are not provided, the description's emphasis on 'thoughtfully updated' and 'move-in ready' suggests these areas are in good, functional condition. Visible flooring and overall presentation are clean and well-maintained, aligning with the 'Good' condition criteria.
Year Built
1918
Close
-
List price
$360K
Original List price
$360K
Price/Sqft
$437
HOA
-
Days on market
-
Sold On
-
MLS number
41117004
Home ConditionGood
Features
Deck
Spa
Patio
View-

About this home

Charming and move-in ready, this light-filled 2-bedroom, 1-bath bungalow in North Richmond has been thoughtfully updated with modern touches throughout. The seller recently replaced nearly all the windows, enhancing natural light and energy efficiency. Additional upgrades include a gas range stove with Wi-Fi connectivity, allowing you to control it from your phone, plus a Kangaroo security system and video doorbell for added peace of mind. Enjoy convenient single-level living just minutes from schools, BART, and major freeways for easy access across the Bay Area. A dedicated parking space is located at the back of the property for added convenience. Take a virtual tour here: https://my.matterport.com/show/?m=zsFfdcvSt1R

Nearby schools

3/10
Peres Elementary School
Public,K-60.2mi
3/10
Lincoln Elementary School
Public,K-60.6mi
3/10
Washington Elementary School
Public,K-61.4mi
1/10
Lovonya Dejean Middle School
Public,7-81.6mi
1/10
Helms Middle School
Public,7-82.0mi
4/10
Fred T. Korematsu Middle School
Public,7-83.9mi
3/10
Richmond High School
Public,9-121.3mi
2/10
Kennedy High School
Public,9-122.2mi

Price History

Date
Event
Price
08/03/20
Sold
$350,000
09/22/16
Sold
$206,500
11/02/12
Sold
$80,000
08/09/05
Sold
$350,000
08/03/04
Sold
$217,000
10/21/02
Sold
$184,000
Condition Rating
Good

Built in 1918, this property has been extensively renovated with 'modern touches throughout' and 'recently replaced nearly all the windows,' indicating significant updates within the last 5-15 years. The inclusion of a Wi-Fi connected gas range and security system points to very recent, functional upgrades. While specific kitchen and bathroom images are not provided, the description's emphasis on 'thoughtfully updated' and 'move-in ready' suggests these areas are in good, functional condition. Visible flooring and overall presentation are clean and well-maintained, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Move-in Ready & Modern Updates: The property is described as 'charming and move-in ready' with 'thoughtfully updated with modern touches throughout,' appealing to buyers seeking immediate occupancy without extensive renovations.
Recent Energy-Efficient Upgrades: Nearly all windows have been recently replaced, enhancing natural light, improving energy efficiency, and reducing future utility costs for the homeowner.
Smart Home & Security Features: Equipped with a Wi-Fi connected gas range, Kangaroo security system, and video doorbell, offering modern convenience, connectivity, and enhanced peace of mind.
Excellent Commuter Location: Strategically located just minutes from schools, BART, and major freeways, providing convenient access across the Bay Area for commuters and families.
Dedicated Off-Street Parking: A dedicated parking space at the back of the property adds significant convenience and value, a desirable feature in many urban settings.

Cons

Compact Living Space: With 823 sqft, 2 bedrooms, and 1 bathroom, the property offers limited living space, which may not suit larger families or those desiring more room.
Small Lot Size: The 2,065 sqft lot provides minimal outdoor space, potentially limiting options for gardening, entertaining, or future expansion.
Age of Property: Built in 1918, despite recent updates, the underlying infrastructure of an older home can sometimes lead to unforeseen maintenance or repair needs not covered by current renovations.

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