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727 40Th St, Richmond, CA 94805

$625K2bd · 2ba · 1,040 sqft
Lot 3,800 sqft•Single Family Residence•
Active
•27d on market•MLS# 00-41148282

Property Description

The North and East neighborhood of Richmond is one of my favorite neighborhoods. The topography is not too hilly, allowing for easy walkability and bicycle riding, wonderful shops, cafes, taquerias, restaurants and markets abound, and public transport and regional parks are close by. These amenities are highlights of 727 40th, but there is also so much more. This special home, full of sun all day long, provides a perfect balance of openness, separation, original character and modern updates. Robust Craftsman-style columns welcome you onto the front porch, with views of the hills and the neighborhood. The living room, with its hardwood floors and handsome tiled fireplace, retains the original character of the home. The living room is open to the dining area, also offering hardwood floors. Both rooms are sunny and bright. The updated eat-in kitchen, with expansive quartz countertops and generous cabinet space, flows to a covered deck and the backyard. Two bedrooms, one an en suite, and an additional bath are nicely separated from the public rooms. A backyard studio, once a garage, approximately 402 sq ft, per a digital floor plan, with a full bath and kitchenette provides the perfect space for guests, an art or yoga studio, or home office. Buyer to verify use of this space. Additional amenities include fresh interior paint, dual pane windows, newer electrical sub-panel and wiring, an on demand water heater, sewer lateral compliance, a long driveway, a fenced backyard and a 5 year-old roof.

Features & Amenities

FeeBuilt 1922

Property Details

Land Type
Fee
Year Built
1922
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Forced Air
View
Hills
Flooring
Wood
Roof
Shingle
City
Richmond
Zip Code
94805
County
Contra Costa
Listed byUnknown Office, Sheril Madden

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,160.34
Principal & Interest
Loan Amount
$500,000
Total Interest
$637,722
Total Payment Over 30 Years
$1,137,722
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

727 40Th St, Richmond, CA 94805

Richmond · Single Family Residence

$625K
Affordable Tier
Beds
2
Baths
2
Sqft
1,040
Lot
3,800 sqft
Year
1922
$/Sqft
$601
Pool: No✓
View: Hills✓

Listed 17.9% above the median closed sale of $530,000. Closed comps sold at 107% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $625K· $601/sqft
Total list price
Closed comps
vs closed median $530K
+$95K (+17.9%)
Active comps
vs active median $535K
+$90K (+16.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $554
+$47 (+8.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
528 29th StreetRichmond1918321,0313,750$519$534,9004494
2503 Lowell AveRichmond1923211,1183,040$625$699,0005487
540 3rd STRichmond1906329632,700$441$425,0008285
514 Sanford AveRichmond1940321,1633,800$429$499,0002383
6452 Kensington AveRichmond1942219574,000$758$725,000483
Total: 5 · Average2.61.61,046.43,458$554.4$576,58041.4
Median1,031$534,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3605 Waller AveRichmond192210/01/2026219815,000$489,900$530,000$5401.084690
4315 Nevin AveRichmond191410/01/2026211,0915,000$545,000$530,000$4860.974887
220 Marina WayRichmond191509/21/2026228255,650$525,000$520,000$6300.995884
5512 Santa Cruz AveRichmond194209/28/2026321,1135,000$768,000$780,000$7011.028184
642 27Th StRichmond194010/09/2026211,1433,800$540,000$700,000$6121.302884
Total: 5 · Average2.21.41,030.64,890$612,000$612,000$593.8—52.2
Median1,091$530,000$530,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.