840 7th Street

840 7th Street has been categorized by the local assessors in Richmond, CA as a residential type of property. The building on the property was first built in 1927 and is 97 years old. However, we must point out that the home was most recently renovated and altered in 1937. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 840 7th Street has 1,242 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 324 sqft. According to our sources, there is one available parking space. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $6,874 in taxes each year. 840 7th Street was most recently assessed in 2020. During this assessment, the property's total value was estimated to be about $393,500. If we break it down further, the land itself was valued at $239,128. Improvements to the property, however, were assessed at a total of $154,372. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.