NOT LISTED FOR SALE

1407 S 59th St Richmond, CA 94804

Richmond Annex Neighborhood

Estimated Value: $654,926 - $752,000

2 Beds
2 Baths
1,100 Sq Ft
$635/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $700,000 $636 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,828/month

25 Days on Market

Highlights

  • No HOA
  • Floor Furnace
  • Carpet
  • Cooling System Mounted To A Wall/Window
  • Rectangular Lot
  • Back Yard

About This Home

As of March 2024

Welcome to 1407 S 59th St, a unique investment opportunity in the heart of Richmond. This vacant duplex, featuring two 1 bed, 1 bath units, offers a blend of comfort, style, and convenience, making it an ideal choice for investors or those seeking a live-rent arrangement. Each unit in this duplex boasts a spacious and well-lit living room, a cozy bedroom, and a full bathroom. The kitchens are functional and ready for your personal touch, perfect for home-cooked meals. Large windows ensure each space is bathed in natural light, enhancing the warmth and inviting ambiance of the home. This property presents a low-maintenance exterior with ample space for creative landscaping or outdoor living enhancements. Situated in a friendly neighborhood, the duplex offers a sense of community and ease of living. The location is unbeatable, with close proximity to local shops, dining, and public transportation, making it attractive to renters or residents alike. With both units vacant, this is a rare opportunity for immediate rental income or customization to increase value. The duplex layout offers flexibility for a variety of living arrangements, including multi-generational living or as a rental property. Don't miss out on this exceptional opportunity to own a duplex in Richmond with sign

Last Agent to Sell the Property

Eric Wanene

Safi Realty License #01802189 Listed on: 01/30/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 4,440 Sq Ft Lot
  • Rectangular Lot
  • Back Yard

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • Carport
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Additional Features

  • Carpet
  • Walk-Out Basement

Community Details

  • No Home Owners Association
  • 1,100 Sq Ft Building
  • Contra Costa Association

Listing and Financial Details

  • Assessor Parcel Number 5083710037

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Year Built: 1948
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Directions: Bay view to S 59th see GPS
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Basement: Separate Entry
  • Total Bedrooms: 2
  • Interior Amenities: Storage Area(s)

Exterior Features

  • Lot Features: Regular
  • Construction Type: Siding - Other
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport - 2 Or More, On Street

Utilities

  • Heating: Floor Furnace
  • Utilities: All Public Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: CONTRA COSTA
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4440
  • Parcel Number: 5083710037
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Mar 19, 2024
Sold by
Perala John Ernst
Bought by
Hoang Mike and Mcgrill Kayla
Seller's Agent
Eric Wanene
Safi Realty
List Price
$639,000
Sold Price
$700,000
Premium/Discount to List
$61,000
9.55%
Views
48
Current Estimated Value
$727,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,123
Avg. Annual Appreciation
-0.10%
Original Mortgage
$560,000
Outstanding Balance
$549,612
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$149,120
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoang Mike $700,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang Mike $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $700,000 -- --
03/25/2024 03/25/24 Sold $700,000 +9.5% $636 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $639,000 -- $581 / Sq Ft
Source: Contra Costa Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,544 $714,000 $561,000 $153,000
2024 $3,018 $642,600 $510,000 $132,600
2023 $3,018 $54,207 $23,290 $30,917
2022 $2,891 $53,145 $22,834 $30,311
2021 $2,778 $52,104 $22,387 $29,717
2019 $2,578 $50,561 $21,724 $28,837
2018 $2,466 $49,571 $21,299 $28,272
2017 $2,369 $48,600 $20,882 $27,718
2016 $2,275 $47,648 $20,473 $27,175
2015 $2,201 $46,933 $20,166 $26,767
2014 $2,215 $46,014 $19,771 $26,243
Source: Public Records

Agents Affiliated with this Home

  • Eric Wanene

    Seller's Agent in 2024

    Eric Wanene

    Safi Realty

    (510) 417-2704

    2 in this area

    44 Total Sales

    Eric Wanene
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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 41048698

Contra Costa Association of REALTORS®

APN: 508-371-003-7

California Contra Costa County Richmond 94804 Richmond Annex

1407 S 59th St, Richmond, CA

Not Listed for Sale

MultiFamily

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Contra Costa Association of REALTORS® Bay East ©2026. BridgeMLS ©2026, CCAR ©2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, BridgeMLS or CCAR MLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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