1 month on rocket

4140 Fran Way, Richmond, CA, 94803

$3,750,000

22 Bedrooms
0 Baths
9,790 SqFt
$383/SqFt
Condo

Location

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Property Highlights

Home TypeCondominium
Year Built1977
ViewHills
MLS #424072615
Lot Size0.45 Acres
StatusActive

About 4140 Fran Way

4140 Fran Way Condominiums offers a unique opportunity to acquire a complete 12-unit complex in Richmond/El Sobrante, close to major retailers. Each updated unit includes in-unit laundry, private balconies, and a 1-car garage, attracting tenants and buyers. Converted from a multifamily building in 2018, the property allows for future value appreciation and individual unit sales. The established Homeowners Association ensures easy management. Nearby retailers include Walmart, Target, and Grocery Outlet, and future developments from the Hilltop Horizon Specific Plan will further enhance the area. Investors can take advantage of flexible financing options, and this turnkey asset promises both immediate cash flow and long-term appreciation in a high-demand market.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Stories: 0
  • Living Area: 9,790 SqFt

Listing Office:

  • Office Name: Fifty Hills Real Estate
  • Office Phone: (415) 841-3886
  • Listing Agent: Brandon Tran, Theodore Wong

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 22

Exterior Features

Exterior Information:

  • View: Hills

Lot Features

Lot Information:

  • Lot: Curbs
  • Lot Size: 0.45 Acres

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,750,000
  • Price Per SqFt: $383/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $38,707
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$640.7K

Med. Price/SqFt

$508

Avg. Days On Market

29

# of Sold Homes

61

4140 Fran Way vs Richmond

38 DAYS ON ROCKET

+9 Days

$3,750,000

+$3.1M More

$383/SqFt

-$125 Less

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $125/SqFt less than other homes in Richmond, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: San Francisco Association of REALTORS®
  • MLS Number: #424072615

Listing Office:

  • Office Name: Fifty Hills Real Estate
  • Office Phone: (415) 841-3886
  • Listing Agent: Brandon Tran, Theodore Wong

IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information.
© 2024 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 9:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 24, 2002Home Sold
$1,525,000
Dec 22, 1999Home Sold
$830,000

Tax History

YEARPROP. TAXASSESSMENT
2021$38,707$2,027,652
2020$37,130$2,006,862
2019$35,069$1,967,513
2018$34,000$1,928,935
2017$33,348$1,891,114

History based on county public records data.

Payment Calculator

$18.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.3K

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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.

Nearby Schools

school-card-donut-551911
4
/10
  • Murphy Elementary School

  • 4350 Valley View Rd

  • 0.25 miles

  • Public District Grades KG-6

school-card-donut-551912
4
/10
  • Sheldon Elementary School

  • 2601 May Rd

  • 0.63 miles

  • Public District Grades KG-6

school-card-donut-551913
4
/10
  • Valley View Elementary School

  • 3416 Maywood Dr

  • 0.77 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,935. Most Richmond, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4140 Fran Way

What is the listing price of this property?

The listing price of 4140 Fran Way property is $3,750,000.

What type of property is this?

The property 4140 Fran Way is a condo located in Richmond, California, 94803.

Is this property for sale now?

Active Listing: 4140 Fran Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $38,707 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 24, 2002 for $1,525,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4140 Fran Way has 22 bedrooms.

What is the square footage of this property?

The property 4140 Fran Way is 9,790 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4140 Fran Way is 1977.
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Rocket HomesCaliforniaContra Costa CountyRichmond948034140 Fran Way

This home is located at 4140 Fran Way in Richmond, CA and zip code 94803 in the El Sobrante neighborhood. This 9,790 square foot home, which was built in 1977, sits on a 0.45 acre lot. Features: 22 bedrooms. It has been listed on Rocket Homes since October 10, 2024 and is currently priced at $3,750,000.

In October 2024 more than 33 listings in Richmond, CA were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 13 were sold below. The inventory of homes for sale in Richmond, CA between September 2024 and October 2024 increased by 6.2%. Listings spent 29 days on the market in October 2024, and had a median list price of $640,777 during the same period.

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

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