NOT LISTED FOR SALE

2401 Magnolia Ave Petaluma, CA 94952

Estimated Value: $690,000 - $1,128,000

2.24 Acres
$384,655 Price per Acre
97,574 Sq Ft Lot

Last Sold May 13, 2021

Last sale price $653,000 $7 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,158/month

13 Days on Market

Highlights

  • Pasture Views
  • Pasture
  • Grass Covered Lot
  • Petaluma Junior High School Rated A-

About This Lot

As of May 2021

Located just west of historic downtown this property is ready to build your dream home. Western facing exposure provides beautiful view of surrounding land and sunsets! Property currently has a mobile home located on it that is providing rental income. Private well maintained driveway with only 7 homes sharing. Includes 2 sets of home plans!

Last Agent to Sell the Property

Julie Souza

Inactive Office License #01102381 Listed on: 03/16/2021

Inactive Office

Last Buyer's Agent

Karen Grotte

Coldwell Banker Realty License #01401304

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,670

Lot Details

  • 2.24 Acre Lot
  • Property fronts a private road
  • Street terminates at a dead end
  • Chain Link Fence
  • Grass Covered Lot
  • Zoning described as Agricultural/Residential

Property Views

  • Pasture
  • Hills
  • Park or Greenbelt

Farming

  • Pasture

Utilities

  • Well
  • Septic System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 021-152-060-000

Property Details

Property Type

Land

Est. Annual Taxes

$7,670

Lot Details

0

Listing Details

  • Type: Land
  • Property Sub Type: Residential Acreage
  • Directions To Property: Petaluma Blvd, to Magnolia, past Horn, turn on 2nd driveway on left before grove of trees
  • Lot Size Acres: 2.2400
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel, Paved
  • Sale Lease Rent: Sale
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Dead End
  • Fencing: Chain Link, Partial
  • Soil: Unknown
  • View: Garden/Greenbelt, Hills, Pasture

Utilities

  • Electric: Electric Available
  • Sewer: Septic Tank
  • Utilities: Internet Available
  • Water Source: Private Well

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 021-152-060-000
  • Lot Size Sq Ft: 97574
  • Price Per Acre: 291517.86
  • CurrentUse: Residential
  • DevelopmentStatus: Building Plans Filed
  • Irrigation: Well
  • NumberOfLots: 1
  • Perc Test/Septic Design: Plans Approved
  • Zoning Description: Agricultural/Residential

Multi Family

  • IncomeIncludes: Land

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2024
Sold by
Schlenker Family Trust and Schlenker Eva Hottes
Bought by
Schlenker Stephan R and Schlenker Karl A
Current Estimated Value
$861,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$292,128
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$569,499

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 10, 2021
Sold by
Souza Yolanda
Bought by
Schlenker Eva Hottes and Schlenker Phillip
Seller's Agent
Julie Souza
Inactive Office
Buyer's Agent
Karen Grotte
Coldwell Banker Realty
List Price
$653,000
Sold Price
$653,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Jun 2, 2020
Sold by
Souza Patricia V and Souza Edward A
Bought by
Souza Jeffrey Eguene

Purchase Details

Closed on
Jul 20, 2004
Sold by
Souza Yolanda
Bought by
Souza Jeffrey Eugene

Purchase Details

Closed on
Apr 20, 2004
Sold by
Cilley Stewart J and Cilley Jeanie H
Bought by
Eie Xi Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,153
Interest Rate
5.35%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 1993
Sold by
Christensen C H
Bought by
Cilley Stewart J and Cilley Jeanie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.51%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Schlenker Stephan R $200,000 Fidelity National Title
Schlenker Eva Hottes $653,000 Fidelity National Title Co
Souza Jeffrey Eguene -- None Available
Souza Jeffrey Eugene -- First American Title Co
Souza Edward A -- First American Title Co
Eie Xi Llc $430,000 First American Title Co
Cilley Stewart J $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schlenker Stephan R $300,000
Previous Owner Eie Xi Llc $416,153
Previous Owner Cilley Stewart J $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2021 05/13/21 Sold $653,000 0.0% $7 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $653,000 -- $7 / 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 $7,670 $1,232,127 $706,827 $525,300
2024 $7,670 $692,968 $692,968 --
2023 $7,670 $679,381 $679,381 $0
2022 $7,408 $666,060 $666,060 $0
2021 $4,809 $480,000 $480,000 $0
2020 $5,340 $470,000 $470,000 $0
2019 $5,359 $470,000 $470,000 $0
2018 $5,094 $440,000 $440,000 $0
2017 $0 $390,000 $390,000 $0
2016 $4,482 $390,000 $390,000 $0
2015 -- $210,000 $210,000 $0
2014 -- $210,000 $210,000 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Julie Souza

    Inactive Office

    (510) 332-5635

    5 Total Sales

    Julie Souza
    Section Image
  • Karen Grotte

    Buyer's Agent in 2021

    Karen Grotte

    Coldwell Banker Realty

    (707) 494-3829

    176 Total Sales

    Karen Grotte
    Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321014674

Bay Area Real Estate Information Services (BAREIS)

APN: 021-152-060

California Sonoma County Petaluma 94952

2401 Magnolia Ave, Petaluma, CA

This home is located at 2401 Magnolia Ave, Petaluma, CA 94952 since 16 March 2021 and is currently estimated at $861,627, approximately $8 per square foot. 2401 Magnolia Ave is a home located in Sonoma County with nearby schools including Wilson Elementary School, Petaluma Junior High School, and Petaluma High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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