$825,000
SOLD DEC 12, 2024

316 Edith St Petaluma, CA 94952

5 Beds
2.5 Baths
1,643 Sq Ft
7,240 Sq Ft Lot

Recently Sold

$502 Per Sq Ft

11% Below List Price

132 Days on Market

Highlights

  • 1 Car Attached Garage
  • Separate Entry Quarters
  • Tile Flooring
  • McKinley Elementary School Rated A-
  • Bathroom on Main Level
  • 1-Story Property

About This Home

As of December 2024

Nestled in the heart of Petaluma, this mixed-use property offers a unique blend of residential comfort and investment potential. Featuring a detached 2-bedroom, 1-bathroom home with a garage and a duplex comprising a studio unit and a 1-bedroom, 1-bathroom unit, this property caters to a variety of living arrangements and investment strategies. Located in a prime Petaluma location, residents enjoy easy access to the city's vibrant downtown scene, renowned dining options, boutique shopping, and cultural attractions. Commuters will appreciate the property's proximity to Highway 101 and public transportation, enhancing convenience for daily travel. Whether you're looking to invest in a property with multiple rental opportunities or seeking a comfortable home with supplementary income potential, this property presents a compelling opportunity in the heart of Petaluma.

Last Agent to Sell the Property

Shiela Frye

W Real Estate License #02128792 Listed on: 07/02/2024

W Real Estate

Co-Listed By

Vicki Thiessen

W Real Estate License #01706979

Last Buyer's Agent

Jeff Lokey

Compass License #01919531

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,365

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,643 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level

Utilities

  • No Cooling
  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • 7,240 Sq Ft Lot
  • Separate Entry Quarters

Listing and Financial Details

  • Assessor Parcel Number 007-091-028-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,365

Lot Details

0

Parking

1

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Washington St to Edith St - Property on the right.
  • Lot Size Acres: 0.1662
  • Stories: 1
  • Second Unit Private Entry: Yes
  • Special Features: None

Interior Features

  • Bedrooms: 5
  • Half Bathrooms: 1
  • Full Bathrooms: 2
  • Flooring: Tile
  • Square Footage: 1643.00
  • Bathrooms: 3
  • Main Level: Bedroom(s), Full Bath(s), Kitchen

Exterior Features

  • Lot Features: Shape Regular

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 3.00
  • Garage Spaces: 1.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, Public
  • Water Source: Meter on Site, Water District
  • Heating: Wall Furnace
  • Laundry Features: Hookups Only

Lot Info

  • Assessor Parcel Number: 007-091-028-000
  • Lot Size Sq Ft: 7240.00

Multi Family

  • Second Unit Bedrooms: 1
  • Second Unit Description: Duplex - Studio/ 1bd/1ba
  • Second Unit Full Bathrooms: 2
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: Yes
  • Second Unit Partial Bathrooms: 0
  • Second Unit Rents For: 1665
  • Second Unit Type: Detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Nov 7, 2024
Sold by
William H Frye Separate Property Trust and Frye Christopher W
Bought by
Sherwood Robert T
Seller's Agent
Shiela Frye
W Real Estate
Buyer's Agent
Jeff Lokey
Compass
List Price
$925,000
Sold Price
$825,000
Premium/Discount to List
-$100,000
-10.81%
Views
54
Current Estimated Value
$862,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,398
Avg. Annual Appreciation
6.64%
Original Mortgage
$660,000
Outstanding Balance
$654,512
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$207,886

Purchase Details

Closed on
Jan 7, 2008
Sold by
Heim Brian
Bought by
Frye William H and William H Frye Separate Trust

Purchase Details

Closed on
Apr 30, 2003
Sold by
Henderson Allan E and Henderson Vanetta J
Bought by
Heim Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.72%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $825,000 Cornerstone Title
Grant Deed -- Financial Title Company
Grant Deed $350,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $660,000 New Conventional
Previous Owner $315,000 Unknown
Previous Owner $515,000 Unknown
Previous Owner $100,000 Unknown
Previous Owner $25,000 Unknown
Previous Owner $57,000 Unknown
Previous Owner $315,000 Seller Take Back
Closed $55,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $825,000 -5.7% $502 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $875,000 -5.4% $533 / Sq Ft
07/02/2024 07/02/24 For Sale $925,000 -- $563 / 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 $7,365 $825,000 $300,000 $525,000
2024 $7,365 $663,184 $289,739 $373,445
2023 $7,365 $650,181 $284,058 $366,123
2022 $7,119 $637,434 $278,489 $358,945
2021 $6,985 $624,936 $273,029 $351,907
2020 $7,045 $618,529 $270,230 $348,299
2019 $6,959 $606,402 $264,932 $341,470
2018 $6,933 $594,513 $259,738 $334,775
2017 $6,788 $582,857 $254,646 $328,211
2016 $6,629 $571,429 $249,653 $321,776
2015 $6,537 $562,846 $245,903 $316,943
2014 $6,105 $517,000 $226,000 $291,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324052553

Bay Area Real Estate Information Services (BAREIS)

APN: 007-091-028