720 720 Key Route, Albany, California 94706, Albany, 94706 - 3 bed, 2 bath

720 720 Key Route, Albany, California 94706 home-pic-0
ACTIVE$1,349,999
720 720 Key Route, Albany, California 94706
3Beds
2Baths
1,679Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($1,339,428.76) is $10,570.24 (0%) lower than the list price ($1,349,999). This property may be overpriced.

Key pros and cons

Top Pros:
Desirable Albany Location: Situated in a highly sought-after Albany community, known for its top-rated schools and prime East Bay positioning, appealing to families and commuters.
Top Cons:
Unpermitted Bedroom: A significant concern is the presence of an unpermitted bedroom, which could impact financing, legality, insurance, and future resale value, potentially requiring costly remediation.

Compared to the nearby listings

Price:$1.35M vs avg $1.37M ($-21,001)48%
Size:1,679 sqft vs avg 1,336.5 sqft76%
Price/sqft:$804 vs avg $1.0K11%

More Insights

Built in 1938 (87 years old).
Condition: Built in 1938, this property is over 80 years old with no indication of recent major renovations. The listing explicitly notes that the home 'may require updates to older systems (e.g., plumbing, electrical),' which for a house of this age, typically signifies substantial repairs and rehabilitation are needed for major components. The presence of an unpermitted bedroom further complicates the property's condition and value. Without interior photos, the condition of the kitchen and bathrooms cannot be directly assessed, but it is highly probable they are original or significantly outdated, requiring full renovation. The exterior, while maintained for its age, also shows signs of wear consistent with an older, un-renovated property.
Year Built
1938
Close
-
List price
$1.35M
Original List price
$1.35M
Price/Sqft
$804
HOA
-
Days on market
-
Sold On
-
MLS number
PW25231979
Home ConditionPoor
Features
View-

About this home

Charming Albany, CA home featuring 3 bedrooms and 2 full bathrooms across 1,679 sq ft of living space. One bedroom is unpermitted, offering flexible use as an office, guest room, or creative space. Enjoy the spacious backyard with a beautiful gazebo—ideal for outdoor dining, relaxing, or entertaining. Located in a desirable community with top-rated schools and easy access to local amenities. A great opportunity in a prime East Bay location!

Condition Rating
Poor

Built in 1938, this property is over 80 years old with no indication of recent major renovations. The listing explicitly notes that the home 'may require updates to older systems (e.g., plumbing, electrical),' which for a house of this age, typically signifies substantial repairs and rehabilitation are needed for major components. The presence of an unpermitted bedroom further complicates the property's condition and value. Without interior photos, the condition of the kitchen and bathrooms cannot be directly assessed, but it is highly probable they are original or significantly outdated, requiring full renovation. The exterior, while maintained for its age, also shows signs of wear consistent with an older, un-renovated property.
Pros & Cons

Pros

Desirable Albany Location: Situated in a highly sought-after Albany community, known for its top-rated schools and prime East Bay positioning, appealing to families and commuters.
Spacious Outdoor Living: Features a generous backyard with a beautiful gazebo, providing an ideal space for entertaining, outdoor dining, and relaxation.
Functional Living Space: Offers 1,679 sq ft with 3 bedrooms and 2 bathrooms, providing comfortable and practical living arrangements for various household needs.
Flexible Use Room: Includes an additional room, currently unpermitted, which offers versatile use as an office, guest room, or creative space, adding functional value.
Convenient Local Access: Benefits from easy access to local amenities, enhancing daily convenience for residents and contributing to a desirable lifestyle.

Cons

Unpermitted Bedroom: A significant concern is the presence of an unpermitted bedroom, which could impact financing, legality, insurance, and future resale value, potentially requiring costly remediation.
Property Age & Potential Updates: Built in 1938, the home may require updates to older systems (e.g., plumbing, electrical) and general maintenance typical of properties of this age.
Lack of Notable Views: The property does not offer any specific scenic views, which might be a consideration for buyers seeking premium vistas in a competitive market.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state