9 days on rocket

5700 Madison Ave, Richmond, CA, 94804

$899,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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5700 Madison Ave, Richmond$899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingCarport
Year Built1950
HeatingWall Furnace
MLS #41057424
Lot Size0.11 Acres
StatusActive

About 5700 Madison Ave

Welcome to this remarkable investment opportunity nestled within the vibrant city of Richmond. This charming duplex sits proudly on a spacious corner lot, offering an ideal blend of urban convenience and suburban tranquility. Property Highlights: Duplex Advantage: Two separate units with two separate addresses (5700, 5704) present an excellent opportunity for multi-generational living, rental income, or potential owner-occupancy with supplementary rental income. Corner Lot Appeal: Ample space, increased visibility, and potential for creative landscaping or expansion. Location: Situated in a sought-after area of Richmond. Boarder line of El Cerrito known for its accessibility to city amenities, parks, schools, and public transportation. City Accessibility: Close proximity to shopping centers, dining options, entertainment venues, and major transportation routes, ensuring convenience for residents. Recreational Options: Nearby parks, recreational facilities, and green spaces offer opportunities for outdoor activities and relaxation. Investment Potential: Rental Income: Potential for immediate rental income or live in one unit while renting out the other for supplemental income.

Property Details

Property Features

Property Information:

  • Year Built: 1950

Listing Office:

  • Office Name: Re/Max Synergy Group
  • Office Phone: (510) 786-2000
  • Listing Agent: Shadi Alkhudari

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Flooring Type: Laminate, Tile

Exterior Features

Parking Information:

  • Parking: Carport

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • El Cerrito Senior High School, Public District Grades 9-12
  • Middle College High School, Public District Grades 9-12
  • Portola Junior High School, Public District Grades 6-8
  • Fairmont Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: San Pablo, right on Madison Cross Street: San Pablo.

Price Information

Listing Price Info

Price Summary:

  • List Price: $899,000

Tax Information:

  • Annual Amount: $9,024
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Richmond, CA.

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Richmond, CA

City

Med. Sold Price

$650K

Med. Price/SqFt

$516

Avg. Days On Market

25

# of Sold Homes

55

5700 Madison Ave vs Richmond

9 DAYS ON ROCKET

-16 Days

$899,000

+$249K More

KEY TAKEAWAY

This property is $249K more than the Median Sold Price in Richmond, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41057424

Listing Office:

  • Office Name: Re/Max Synergy Group
  • Office Phone: (510) 786-2000
  • Listing Agent: Shadi Alkhudari

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 4:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2018Home Sold
$400,000
Sep 19, 2018Home Sold
$555,000
Sep 30, 1994Home Sold
$168,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,024$468,907
2020$8,655$464,100
2019$4,615$455,000
2018$4,483$191,885
2017$4,382$188,124

History based on county public records data.

Payment Calculator

$4,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,762

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6317374
4
/10

  • Fairmont Elementary School

  • 724 Kearney St

  • 0.87 miles

  • Public District Grades KG-6

Middle School

school-card-donut-6317375
4
/10

  • Portola Junior High School

  • 1021 Navellier St

  • 0.83 miles

  • Public District Grades 6-8

High School

school-card-donut-6317376
6
/10

  • El Cerrito Senior High School

  • 540 Ashbury Ave

  • 1.26 miles

  • Public District Grades 9-12

school-card-donut-6317377
10
/10

  • Middle College High School

  • 2600 Mission Bell Dr

  • 3.78 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $56,979. Typical income of Richmond, CA residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Contra Costa County›Richmond›94804›5700 Madison Ave

This home is located at 5700 Madison Ave in Richmond, CA and zip code 94804 in the Bay View Park neighborhood. This home, which was built in 1950, sits on a 0.11 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $899,000.

Richmond, CA housing market in April 2024 saw over 29 listings sold above listed price, more than 7 sold at listed price and over 16 sold below. In April 2024 in Richmond, CA there were 15.5% more homes for sale than in March 2024. The median list price of listings available in April 2024 was $650,000, while the average time on the real estate market was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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