NOT LISTED FOR SALE
8 Beds
-- Bath
3,560 Sq Ft
8,904 Sq Ft Lot

Last Sold September 19, 2017

Last sale price $1,625,000 $456 Per Sq Ft

134 Days on Market

Highlights

  • Landscaped
  • Carpet
  • 3-minute walk to Penry Park
  • Petaluma Junior High School Rated A-

About This Home

As of September 2017

First time on the market since purchase in 1939! 8 legal one bedroom, detached cottage/units. Units range in size from 424 Sq Ft(1) to 448 (7)Sq Ft. Each unit has a separate PG&E meter, off street parking for 5 units. Each cottage has their original charm with Knotty Pine walls, gas stove, stall showers. All long term occupants would like to stay.

Last Agent to Sell the Property

Kathleen Arcuri

Inactive Office License #01135816 Listed on: 05/02/2017

Inactive Office

Co-Listed By

Martha Cooper

Inactive Office License #01098887

Last Buyer's Agent

David Rendino

RE/MAX Marketplace License #01252035

RE/MAX Marketplace

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 8,903 Sq Ft Lot
  • Landscaped
  • Sprinkler System

Home Design

  • Concrete Foundation
  • Tar and Gravel Roof
  • Composition Roof

Interior Spaces

  • 3,560 Sq Ft Home
  • Carpet
  • Fire and Smoke Detector

Parking

  • 5 Open Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Individual Gas Meter
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 006-275-011-000

Community Details

Overview

  • 8 Buildings
  • 8 Units

Building Details

  • Gross Income $100,804

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

8,903 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: West on Washington Street, right onto Keller Street. Cozy Cottages behind Volpi's Restaurant
  • Lot Size Acres: 0.2044
  • CapRate: 4.40
  • Signs: No
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Accessibility Features: None
  • Flooring: Carpet, LVYN
  • Price Per Square Foot: 456.46
  • Square Footage: 3560
  • NumberOfBuildings: 8

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Auto Sprinkler F&R, Landscape Front, CITY
  • Roof: Composition, Tar/Gravel

Garage/Parking

  • Parking Features: Off Street, Street
  • Number Of Guest Spaces: 5
  • OpenParkingSpaces: 5

Utilities

  • Security Features: Other, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Natural Gas Connected, PGEE
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: NONE
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 006-275-011-000
  • Lot Size Sq Ft: 8903

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1939

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1000 - 1300 (under market)
  • Number Of1 Bedrooms Occupied: 8
  • Number of 1 Bedroom Units: 8
  • NumberOfUnitsTotal: 8
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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
09/19/2017 09/19/17 Sold $1,625,000 0.0% $456 / Sq Ft
09/13/2017 09/13/17 Pending -- -- --
05/02/2017 05/02/17 For Sale $1,625,000 -- $456 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $19,717 $1,850,569 $568,913 $1,281,656
2024 $19,717 $1,814,315 $557,758 $1,256,557
2023 $19,717 $1,780,372 $546,822 $1,233,550
2022 $19,249 $1,745,526 $536,100 $1,209,426
2021 $18,885 $1,711,364 $525,589 $1,185,775
2020 $19,050 $1,693,850 $520,200 $1,173,650
2019 $18,813 $1,660,700 $510,000 $1,150,700
2018 $18,742 $1,628,200 $500,000 $1,128,200
2017 $1,376 $103,734 $29,146 $74,588
2016 $1,343 $102,084 $28,575 $73,509
2015 $1,323 $100,284 $28,146 $72,138
2014 $1,318 $98,383 $27,595 $70,788
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21709427

Bay Area Real Estate Information Services (BAREIS)
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