NOT LISTED FOR SALE

425 Market Ave Richmond, CA 94801

Estimated Value: $114,000 - $115,310

0.06 Acre
$1,999,477 Price per Acre
2,500 Sq Ft Lot

Last Sold May 23, 2025

Last sale price $115,000 $46 Per Sq Ft

Current estimated payment $708/month

291 Days on Market

Highlights

  • Property is near public transit
  • Property is Fully Fenced
  • Level Lot

About This Lot

As of May 2025

Embrace the potential of this 2,500 sqft vacant lot in North Richmond, fully entitled for a spacious xxx sqft house and a modern yyy sqft ADU. Enjoy the benefits of living in a vibrant community with easy access to public transportation, parks, and local shops. This lot provides a unique opportunity to design a home that fits your lifestyle and investment goals. Whether you aim to develop a family residence for your own use, or carry out a profitable build, this property is prepared for your vision.

Last Agent to Sell the Property

Nick Flageollet

Compass License #02093980 Listed on: 07/14/2024

Compass

Last Buyer's Agent

Nick Flageollet

Compass License #02093980 Listed on: 07/14/2024

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,165

Lot Details

  • 2,500 Sq Ft Lot
  • Property is Fully Fenced
  • Level Lot
  • Zoning described as 2nd Unit Possible,Residential

Location

  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 409-261-009-8

Property Details

Property Type

Land

Est. Annual Taxes

$1,165

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Lot
  • Special Features: None

Exterior Features

  • Fencing: Full
  • Road Surface Type: Paved

Utilities

  • Electric: Electric Available
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 409-261-009-8
  • Current Use: Vacant
  • Lot Features: Curb(s), Public Trans Nearby
  • Lot Size Acres: 0.0574
  • Lot Size Sq Ft: 2500.00
  • Lot Size Units: SqFt
  • Price Per Acre: 2003484.32
  • Topography: Level
  • Number Of Lots: 1
  • Possible Use: Residential
  • Zoning Description: 2nd Unit Possible,Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2020
Closed on
Nov 3, 2020
Sold by
Jun And Jun Capital Llc
Bought by
Tobias Kahan Llc
Seller's Agent
Alfred Wikkeling
Tola Properties
Buyer's Agent
Alfred Wikkeling
Tola Properties
List Price
$96,300
Sold Price
$80,000
Premium/Discount to List
-$16,300
-16.93%
Current Estimated Value
$114,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,770
Avg. Annual Appreciation
7.74%

Purchase Details

Closed on
May 16, 2018
Sold by
Kunju Nizam M and Kunju Aysha
Bought by
Jun And Jun Capital Llc

Purchase Details

Closed on
Feb 21, 2017
Sold by
Urquhart Fred
Bought by
Kunju Nizam M

Purchase Details

Closed on
Jan 25, 1997
Sold by
Manolia Clay
Bought by
Urquhart Ii Fred
Source: Public Records

Range of Values:

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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
Tobias Kahan Llc $80,000 Orange Coast Title Co
Jun And Jun Capital Llc $70,000 Boston National Title
Kunju Nizam M $31,100 None Available
Urquhart Ii Fred -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Urquhart Fred $309,200
Previous Owner Urquhart Ii Fred $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $115,000 0.0% $46 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
09/11/2024 09/11/24 Price Changed $115,000 -8.0% $46 / Sq Ft
07/14/2024 07/14/24 For Sale $125,000 +56.3% $50 / Sq Ft
11/16/2020 11/16/20 Sold $80,000 -16.9% $97 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/15/2020 08/15/20 For Sale $96,300 -- $117 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $1,165 $86,593 $86,593 --
2024 $1,165 $84,896 $84,896 --
2023 $1,145 $83,232 $83,232 $0
2022 $1,134 $81,600 $81,600 $0
2021 $1,135 $80,000 $80,000 $0
2019 $992 $71,400 $71,400 $0
2018 $479 $31,722 $31,722 $0
2017 $21,837 $11,217 $11,217 $0
2016 $1,124 $24,196 $10,998 $13,198
2015 $1,080 $23,833 $10,833 $13,000
2014 $1,085 $23,621 $10,621 $13,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424049384

San Francisco Association of REALTORS® MLS

APN: 409-261-009-8