NOT LISTED FOR SALE

Estimated Value: $1,025,000 - $1,167,000

6 Beds
1 Bath
2,251 Sq Ft
$495/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2023

Last sale price $1,150,000 $511 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $6,988 / mo

9 Days on Market

Highlights

  • Fenced Yard
  • Landscaped
  • Carpet
  • McKinley Elementary School Rated A-
  • Baseboard Heating
  • 1-Story Property

About This Home

As of September 2023

Exceptional Turn-key Triplex, conveniently located in the heart of West Petaluma's sought-after midtown area. This property presents a unique opportunity, featuring a detached 2 bed/1 bath cottage and a detached duplex, with 2 bed/1 bath units on each side. Nestled among high-end residences, this triplex provides a rare chance for owner-occupants to enjoy additional income potential or for savvy investors to make a lucrative investment. The main 2-bedroom unit has undergone a tasteful remodel, boasting a spacious dine-in kitchen, a comfortable family room, a convenient laundry room, a beautiful front yard, and inviting porches. The duplex is equally impressive, with both units offering upgraded kitchens and bathrooms, ensuring modern comfort and style. Moreover, residents can enjoy the privately fenced backyards, perfect for relaxation and recreation. Adding to its appeal, two of the units will be delivered vacant, allowing for a multitude of possibilities, whether it be accommodating a new owner or exploring various rental opportunities.

Last Agent to Sell the Property

David Rendino

RE/MAX Marketplace License #01252035 Listed on: 08/03/2023

RE/MAX Marketplace

Last Buyer's Agent

David Rendino

RE/MAX Marketplace License #01252035 Listed on: 08/03/2023

RE/MAX Marketplace

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 9,749 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Triplex
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 6 Bedrooms
  • 2,251 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Free-Standing Gas Oven
  • Washer and Dryer Hookup

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Individual Gas Meter
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • 2 Buildings
  • Gross Income $23,400

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Assessor Parcel Number 007-094-012-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

9,749 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Directions To Property: East Washington St. South on Vallejo.
  • Lot Size Acres: 0.2238
  • Stories: 1
  • CapRate: 5.10
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Other
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Free Standing Gas Oven, Free Standing Refrigerator, Gas Water Heater
  • Flooring: Carpet
  • Price Per Square Foot: 510.88
  • Square Footage: 2251.00
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Landscape Back, Landscape Front
  • Roof: Composition, Shingle
  • ExteriorFeatures: Fenced Yard, Yard Space

Garage/Parking

  • Parking Features: Carport, Covered, Off Street
  • Total Parking Spaces: 6.00
  • Carport Spaces: 6.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet Available
  • Water Source: Public
  • Heating: Baseboard, Electric, Gas
  • Laundry Features: Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 007-094-012-000
  • Lot Size Sq Ft: 9749.00

Rental Info

  • TenantPays: Electricity, Gas, Trash Collection

Building Info

  • Year Built: 1982

Multi Family

  • 1 Bedroom Rent Range: 2,500
  • Two Bedroom Rent Range: 2,250
  • Three Bedroom Rent Range: 2,145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2026
Sold by
Titus John and Viviana Titus
Bought by
John J Titus And Viviana Titus Living Trust and Titus
Current Estimated Value
$1,113,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Outstanding Balance
$458,094
Interest Rate
6.06%
Mortgage Type
New Conventional
Estimated Equity
$655,447

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 1, 2023
Sold by
Meyer-Gonzalez Family Trust
Bought by
John And Viviana Living Trust and Titus
Seller's Agent
David Rendino
RE/MAX Marketplace
Buyer's Agent
David Rendino
RE/MAX Marketplace
List Price
$1,150,000
Sold Price
$1,150,000
Views
95

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.22%
Original Mortgage
$450,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2014
Sold by
Meyer Rich B and Gonzalez Carolyn
Bought by
Meyer Gonzalez Family Trust

Purchase Details

Closed on
Jun 4, 2010
Sold by
Owb Reo Llc
Bought by
Meyer Rich B and Gonzalez Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2010
Sold by
Contreras Sergio
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Mar 24, 2005
Sold by
Contreras Rebeca
Bought by
Contreras Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2005
Sold by
Gerke Michael J and Gerke Ruthellen C
Bought by
Contreras Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
John J Titus And Viviana Titus Living Trust -- Fidelity National Title Compan
John And Viviana Living Trust $1,150,000 North Coast Title
Meyer Gonzalez Family Trust -- None Available
Meyer Rich B $426,000 Fidelity National Title Co
Owb Reo Llc -- Fidelity National Title Co
Onewest Bank Fsb $422,928 Accommodation
Contreras Sergio -- New Century Title Co
Contreras Sergio $705,000 New Century Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open John J Titus And Viviana Titus Living Trust $459,000
Previous Owner John And Viviana Living Trust $450,000
Previous Owner Meyer Rich B $319,500
Previous Owner Contreras Sergio $564,000
Closed Contreras Sergio $105,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $1,150,000 0.0% $511 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $1,150,000 -- $511 / 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 $13,505 $1,173,000 $357,000 $816,000
2024 $12,578 $1,150,000 $350,000 $800,000
2023 $12,578 $524,579 $197,025 $327,554
2022 $5,786 $514,294 $193,162 $321,132
2021 $5,679 $504,211 $189,375 $314,836
2020 $5,727 $499,042 $187,434 $311,608
2019 $5,658 $438,340 $183,759 $254,581
2018 $5,068 $429,746 $180,156 $249,590
2017 $5,520 $470,261 $176,624 $293,637
2016 $5,389 $461,041 $173,161 $287,880
2015 $5,315 $454,116 $170,560 $283,556
2014 $5,290 $445,221 $167,219 $278,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323904832

Bay Area Real Estate Information Services (BAREIS)

APN: 007-094-012

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