NOT LISTED FOR SALE

1501 Pennsylvania Ave Richmond, CA 94801

Belding Woods Neighborhood

Estimated Value: $577,812 - $615,000

3 Beds
2 Baths
1,499 Sq Ft
$398/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $580,000 $387 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,178/month

19 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • No HOA
  • Wood Flooring
  • Solid Surface Countertops
  • 2 Car Detached Garage

About This Home

As of August 2022

Recession Proof Opportunity! This unique property has been maintained by the same owner for over 34 years, first as a primary residence and now as a lucrative investment property. Seize this rare opportunity to live in a beautiful three bedroom, two bath home while collecting rents from a detached one bedroom, one bath bungalow. Both homes offer hardwood flooring, indoor laundry, gas ranges, and private yards. The main house boasts a formal living room with a wood burning fireplace, open kitchen with dining area, spacious bedrooms, a lower level primary bedroom suite with full bath, kitchenette, laundry area, separate entry, and a detached garage. This home is located in an up and coming Richmond neighborhood just minutes from BART, buses, shops, I-580, the new SF Ferry, and Pt Pinole Regional Park with hiking trails, fishing, and breathtaking water views! Hurry, this will not last! **Two property addresses:1501 Pennsylvania Ave & 716 15th St. Open Sat 7/2 & 7/9 from 11A - 1P.

Last Agent to Sell the Property

Malaika Hunt

Coldwell Banker License #01358675 Listed on: 06/29/2022

Coldwell Banker

Last Buyer's Agent

Karla Loucel

Windermere Rowland Realty License #01928598

Windermere Rowland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,887

Year Built

  • Built in 1941

Lot Details

  • 5,500 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Back and Front Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Stucco

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Floor Furnace
  • Wall Furnace

Community Details

  • No Home Owners Association
  • Contra Costa Association
  • Richmond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 529251011

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,887

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Stories: 3
  • Year Built: 1941
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: RICHMOND
  • Directions: San Pablo to Rumrill to 13th to Pennsylvania
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Tri-Level
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Carpet
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Dining Area, Counter - Solid Surface, Eat-in Kitchen
  • Window Features: Window Coverings
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Eat In Kitchen, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Level, Other
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Front Yard, Side Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Detached
  • Total Parking Spaces: 4

Utilities

  • Heating: Floor Furnace, Wall Furnace
  • Utilities: All Public Utilities, Natural Gas Available, Individual Electric Meter, Individual Gas Meter
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Hookups Only, Laundry Room
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: CONTRA COSTA
  • Association: No

Lot Info

  • Zoning: Res
  • Lot Size Sq Ft: 5500
  • Parcel Number: 529251011
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Carrasco Jose E and Loucel Karla M
Bought by
Carrasco Family Trust and Carrasco
Current Estimated Value
$597,533

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 23, 2022
Sold by
Jojola Felipe L and Jojola Deborah L
Bought by
Carrasco Jose E and Loucel Karla M
Seller's Agent
Malaika Hunt
Coldwell Banker
Buyer's Agent
Karla Loucel
Windermere Rowland Realty
List Price
$549,999
Sold Price
$580,000
Premium/Discount to List
$30,001
5.45%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%
Original Mortgage
$551,000
Interest Rate
5.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Carrasco Family Trust -- None Listed On Document
Carrasco Jose E $580,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carrasco Jose E $551,000
Previous Owner Jojola Felipe L $218,400
Previous Owner Jojola Felipe L $230,000
Previous Owner Jojola Felipe L $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $580,000 -- --
08/30/2022 08/30/22 Sold $580,000 +5.5% $387 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $549,999 -- $367 / Sq Ft
Source: Contra Costa Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $10,887 $603,432 $436,968 $166,464
2024 $10,602 $591,600 $428,400 $163,200
2023 $10,602 $580,000 $420,000 $160,000
2022 $4,249 $139,753 $68,524 $71,229
2021 $4,137 $137,014 $67,181 $69,833
2019 $3,863 $132,952 $65,190 $67,762
2018 $3,711 $130,346 $63,912 $66,434
2017 $3,595 $127,791 $62,659 $65,132
2016 $3,497 $125,286 $61,431 $63,855
2015 $3,428 $123,405 $60,509 $62,896
2014 $3,381 $120,988 $59,324 $61,664
Source: Public Records

Agents Affiliated with this Home

  • Malaika Hunt

    Seller's Agent in 2022

    Malaika Hunt

    Coldwell Banker

    (925) 683-7252

    1 in this area

    53 Total Sales

    Section Image

  • K

    Buyer's Agent in 2022

    Karla Loucel

    Windermere Rowland Realty

    (510) 393-5974

    2 in this area

    26 Total Sales

    Section Image
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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 40999665

Contra Costa Association of REALTORS®

APN: 529-251-011-1

California Contra Costa County Richmond 94801 Belding Woods

1501 Pennsylvania Ave, Richmond, CA

This home is located at 1501 Pennsylvania Ave, Richmond, CA 94801 since 29 June 2022 and is currently estimated at $596,406, approximately $397 per square foot. This property was built in 1941. 1501 Pennsylvania Ave is a home located in Contra Costa County with nearby schools including Grant Elementary School, Lovonya DeJean Middle School, and John F. Kennedy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Contra Costa Association of REALTORS® Bay East ©2025. BridgeMLS ©2025, CCAR ©2025. 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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