NOT LISTED FOR SALE
2 Beds
3 Baths
14,071 Sq Ft
0.55 Acre Lot

Sale Details

Date Sold: July 7, 2021

Last sale price $5,645,825 $401 Per Sq Ft

35 Days on Market

Highlights

  • 0.55 Acre Lot
  • Corner Lot
  • Laundry Facilities
  • Petaluma Junior High School Rated A-
  • Central Heating
  • 4-minute walk to Penry Park

About This Home

As of July 2021

Hilltop Flats is a 19-unit apartment complex located two blocks from downtown Petaluma in one of the city's most desirable residential neighborhoods. This well-cared for property offers a rare opportunity to acquire one of the few mid-size, purpose-built apartment properties in West Petaluma.

Last Agent to Sell the Property

John Garrett

Marcus & Millichap Real Estate License #01421403 Listed on: 04/13/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 24,150 Sq Ft Lot
  • Corner Lot

Interior Spaces

  • 2 Bedrooms
  • 14,071 Sq Ft Home
  • 3-Story Property
  • Leased Washer and Dryer

Parking

  • 12 Open Parking Spaces
  • 22 Parking Spaces
  • 10 Covered Spaces
  • Covered Parking
  • Off-Street Parking

Utilities

  • Central Heating
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 006-213-015-000

Community Details

Overview

  • 2 Buildings
  • 19 Units

Additional Features

  • Laundry Facilities
  • Gross Income $390,180

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0.55 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: West on Washington, North on Keller.
  • Lot Size Acres: 0.5544
  • Stories: 3
  • CapRate: 4.12
  • Signs: No
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Price Per Square Foot: 401.24
  • Square Footage: 14071
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: Corner

Garage/Parking

  • Parking Features: Covered, Off Street, Uncovered
  • Total Parking Spaces: 22
  • Covered Parking Spaces: 10
  • OpenParkingSpaces: 12
  • Tandem Parking Spaces: 2

Utilities

  • Cooling: Varies By Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Individual, Varies By Unit, Wall Furnace
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Leased
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 006-213-015-000
  • Lot Size Sq Ft: 24150

Building Info

  • Year Built: 1964

Multi Family

  • One Bedroom Annual Occupancy: 97
  • 1 Bedroom Rent Range: 1675
  • Two Bedroom Annual Occupancy: 97
  • Two Bedroom Rent Range: 1985-2100
  • Number Of1 Bedrooms Occupied: 9
  • Number of 1 Bedroom Units: 9
  • Number Of2 Bedrooms Occupied: 7
  • Number of Studio Units: 3
  • NumberOfUnitsTotal: 19
  • Number Studios Occupied: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2021 07/07/21 Sold $5,645,825 0.0% $401 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $5,645,825 -- $401 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $67,462 $5,950,064 $1,167,328 $4,782,736
2024 $62,755 $5,832,760 $1,144,440 $4,688,320
2023 $62,755 $5,719,880 $1,122,000 $4,597,880
2022 $61,418 $5,608,870 $1,100,000 $4,508,870
2021 $38,288 $3,488,146 $803,044 $2,685,102
2020 $38,611 $3,451,385 $794,810 $2,656,575
2019 $38,130 $3,383,853 $779,226 $2,604,627
2018 $37,985 $3,317,646 $763,948 $2,553,698
2017 $37,189 $3,253,456 $748,969 $2,504,487
2016 $36,349 $3,189,099 $734,284 $2,454,815
2015 $35,839 $3,141,305 $723,255 $2,418,050
2014 $35,666 $3,079,913 $709,088 $2,370,825
Source: Public Records

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321024955

Bay Area Real Estate Information Services (BAREIS)
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