NOT LISTED FOR SALE
13 Beds
-- Bath
5,743 Sq Ft
0.27 Acres

Last Sold December 08, 2015

Last sale price $1,375,000 $239 Per Sq Ft

29 Days on Market

Highlights

  • Corner Lot
  • Petaluma Junior High School Rated A-
  • Laundry Facilities

About This Home

As of December 2015

Seller will consider owner financing. Ideally located just 5 blocks from downtown Petaluma, 200 Walnut has 8 townhouse apartments comprised of (5) two-bed, one-bath units, and (3) one-bed, one-bath units. Rents at the property are exceptionally low for the area.

Last Agent to Sell the Property

John Garrett

Marcus & Millichap Real Estate License #01421403 Listed on: 10/22/2015

Last Buyer's Agent

John Garrett

Marcus & Millichap Real Estate License #01421403 Listed on: 10/22/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Corner Lot

Parking

  • 8 Open Parking Spaces

Home Design

  • 5,743 Sq Ft Home
  • Slab Foundation
  • Tar and Gravel Roof

Utilities

  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 006-271-005-000

Community Details

Overview

  • 2 Buildings
  • 8 Units

Additional Features

  • Laundry Facilities
  • Gross Income $104,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: West on Washington St., Right on Howard St., Right on Union St., Left on Walnut St.
  • Lot Size Acres: 0.2727
  • CapRate: 3.85
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 239.42
  • Square Footage: 5743
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Slab
  • Lot Features: Corner, CITY
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: Uncovered
  • OpenParkingSpaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 006-271-005-000
  • Lot Size Sq Ft: 11879

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1964

Multi Family

  • One Bedroom Annual Occupancy: 66
  • 1 Bedroom Rent Range: $1,050
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: $925 - $1,075
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 3
  • Number Of2 Bedrooms Occupied: 5
  • NumberOfUnitsTotal: 8

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2015 12/08/15 Sold $1,375,000 0.0% $239 / Sq Ft
11/20/2015 11/20/15 Pending -- -- --
10/22/2015 10/22/15 For Sale $1,375,000 -- $239 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $17,371 $1,627,127 $473,516 $1,153,611
2024 $17,371 $1,595,286 $464,232 $1,131,054
2023 $17,371 $1,564,070 $455,130 $1,108,940
2022 $16,935 $1,533,465 $446,206 $1,087,259
2021 $16,615 $1,503,460 $437,457 $1,066,003
2020 $16,759 $1,488,078 $432,972 $1,055,106
2019 $16,552 $1,458,964 $424,483 $1,034,481
2018 $16,489 $1,430,420 $416,160 $1,014,260
2017 $16,143 $1,402,436 $408,000 $994,436
2016 $15,781 $1,375,320 $400,000 $975,320
2015 $3,603 $301,156 $48,050 $253,106
2014 $3,587 $295,320 $47,109 $248,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21526040

Bay Area Real Estate Information Services (BAREIS)