NOT LISTED FOR SALE

229 S 7th St Richmond, CA 94804

Santa Fe Neighborhood

Estimated Value: $539,000 - $735,900

5 Beds
2 Baths
1,530 Sq Ft
$439/Sq Ft Est. Value

Sale Details

Date Sold: September 5, 2023

Last sale price $705,000 $461 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,686 / mo

26 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wood Siding
  • Cooling Available
  • Paved or Partially Paved Lot
  • 5-minute walk to Pogo Park #2

About This Home

As of September 2023

For an investor with vision, 227-229 S 7th Street in Richmond’s Santa Fe neighborhood is something akin to a “must buy” (especially considering the modest asking price of $699,995). This 2-unit building (1 - 2BR/1BA, 1 - 3BR/1BA) is located just minutes away from Kaiser Permanente’s Richmond Medical Center and Chevron’s Richmond facility. Such proximity all but guarantees any vacancies will be short lived as medical assistants, traveling nurses, and other types of strong professionals always desire convenient housing. Onsite amenities include parking, laundry, and a secure entry to ensure tenants always feel safe at home. One of the two units (3BR) shall be delivered vacant and move-in ready, allowing the new owner to either occupy a unit or handpick new tenants and set rents for both. The 2BR unit will come occupied, allowing the new owner to generate modest immediate cash flow.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 06/30/2023

Keller Williams Realty

Last Buyer's Agent

Alfonso Rodriguez

America Realty License #01178435

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 4,294 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Front Yard

Parking

  • Parking Lot

Home Design

  • Duplex
  • Frame Construction
  • Wood Siding

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 1,530 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 5502020216

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

4,294 Sq Ft Lot

Listing Details

  • Year Built: 1961
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Directions: Harbour Way S to Maine Ave to S 7th St.
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Front Yard, Paved
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Front Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Common Area
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Zoning: RL-2
  • Lot Size Sq Ft: 4294
  • Parcel Number: 5502020216
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 3790

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Aug 22, 2023
Sold by
Bought by
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Alfonso Rodriguez
America Realty
List Price
$699,995
Sold Price
$705,000
Premium/Discount to List
$5,005
0.72%
Views
139
Current Estimated Value
$670,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,025
Avg. Annual Appreciation
-1.76%
Original Mortgage
$666,092
Outstanding Balance
$650,829
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$20,146

Purchase Details

Closed on
Jul 9, 2015
Sold by
Bought by

Purchase Details

Closed on
May 31, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 14, 2011
Sold by
Bought by

Purchase Details

Closed on
May 6, 2010
Sold by
Bought by

Purchase Details

Closed on
May 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$429,000
Interest Rate
8.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2005
Sold by
Bought by

Purchase Details

Closed on
Mar 3, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,960
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 1993
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,750
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$705,000 Fidelity National Title Compan
-- None Available
$95,000 Old Republic Title Company
$70,000 Landsafe Title
-- Landsafe Title
$108,992 Landsafe Title
-- First American Title Co
-- --
$350,000 Chicago Title
$165,000 North American Title Co
$67,500 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $666,092
Previous Owner $429,000
Previous Owner $279,960
Previous Owner $132,000
Previous Owner $50,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $705,000 -- --
09/05/2023 09/05/23 Sold $705,000 +0.7% $461 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $699,995 -- $458 / Sq Ft
Source: bridgeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,747 $719,100 $561,000 $158,100
2024 $4,480 $705,000 $550,000 $155,000
2023 $4,480 $147,942 $88,765 $59,177
2022 $4,339 $145,042 $87,025 $58,017
2021 $4,226 $142,199 $85,319 $56,880
2019 $3,948 $137,984 $82,790 $55,194
2018 $3,794 $135,279 $81,167 $54,112
2017 $3,676 $132,627 $79,576 $53,051
2016 $3,578 $130,027 $78,016 $52,011
2015 $3,509 $128,075 $76,845 $51,230
2014 $3,508 $125,567 $75,340 $50,227
Source: Public Records

Agents Affiliated with this Home

  • Joey Wang

    Seller's Agent in 2023

    Joey Wang

    Keller Williams Realty

    (510) 592-5554

    1 in this area

    141 Total Sales

    Joey Wang
    Section Image

  • A

    Buyer's Agent in 2023

    Alfonso Rodriguez

    America Realty

    (650) 868-9359

    1 in this area

    17 Total Sales

    Alfonso Rodriguez
    Section Image
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Map

Source: bridgeMLS

MLS Number: 41031818

bridgeMLS

APN: 550-202-021-6

California Contra Costa County Richmond 94804 Santa Fe

229 S 7th St, Richmond, CA

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.

bridgeMLS Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. 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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