NOT LISTED FOR SALE

40 Averye Way Petaluma, CA 94952

Midtown Neighborhood

Estimated Value: $679,000 - $846,181

2 Beds
2 Baths
1,469 Sq Ft
$503/Sq Ft Est. Value

Sale Details

Date Sold: March 21, 2025

Last sale price $700,000 $477 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,053 / mo

45 Days on Market

Highlights

  • Wood Flooring
  • Wood Countertops
  • Enclosed Patio or Porch
  • McKinley Elementary School Rated A-
  • Breakfast Room
  • 5-minute walk to Kenilworth Park

About This Home

As of March 2025

A fantastic West Petaluma opportunity! First time on the market in over 55 years, this property presents an incredible opportunity to own a home on a quiet neighborhood street conveniently close to Whole Foods, shopping and several eateries for all of your needs at a starter home price point. Boasting 2 bedrooms, 2 baths, 1,469 square feet of living space, and a 5,200 square foot lot, this property has plenty of room for living. 2 large family rooms, a galley kitchen, ensuite master bath, enclosed patio for indoor/outdoor living, spacious laundry room and an attached 1 car garage allows you to spread out and have comfortable space for enjoyable living. Close in proximity to McKinley Elementary School. Relax in the spacious backyard allowing ample room for gardening or planting the fruit trees of your choice. A prime location with endless potential, with some TLC and creativity, you can unlock the possibilities this home has and truly make it your own. Surround yourself with the charm and character of Petaluma while putting your personal stamp on this lovely residence!

Last Agent to Sell the Property

Jeff Lokey

Compass License #01919531 Listed on: 01/17/2025

Compass

Last Buyer's Agent

Kristen Parrish Tamayo

Compass License #01986416

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 5,201 Sq Ft Lot
  • Southeast Facing Home
  • Wood Fence
  • Landscaped
  • Property is zoned CityPE

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Fixer Upper
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,469 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Screens
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Breakfast Room
  • Free-Standing Gas Range
  • Range Hood
  • Microwave
  • Wood Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Enclosed Patio or Porch
  • Covered Courtyard

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Uses Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Community Details

  • Madison Square Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 007-054-004-000

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

5,201 Sq Ft Lot

Parking

1

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: East Washington to Vallejo. Vallejo to Averye Way.
  • Lot Size Acres: 0.1194
  • Stories: 1
  • Levels: One
  • ArchitecturalStyle: Bungalow
  • Property Faces: Southeast
  • Reso Window Features: Caulked/Sealed, Dual Pane Partial, Weather Stripped, Window Screens
  • Special Features: None

Interior Features

  • Appliances: Disposal, Free Standing Gas Range, Gas Water Heater, Hood Over Range, Microwave
  • Number Of Fireplaces: 1
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Dining Room Features: Breakfast Nook
  • Accessibility Features: Other
  • Flooring: Vinyl, Wood
  • Square Footage: 1469.00
  • Bathroom Features: Tub w/Shower Over
  • Bathrooms: 2
  • Fireplace Features: Brick, Family Room, Wood Burning
  • Kitchen Features: Breakfast Area, Breakfast Room, Wood Counter
  • Room Type: Dining Room, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • Main Level: Bedroom(s), Dining Room, Family Room, Full Bath(s), Garage, Kitchen, Living Room, Primary Bedroom
  • PrimaryBedroomFeatures: Closet

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Concrete Perimeter, Pillar/Post/Pier
  • Lot Features: Curb(s)/Gutter(s), Landscape Back, Shape Regular
  • Property Condition: Fixer
  • Roof: Composition
  • ExteriorFeatures: Covered Courtyard
  • Fencing: Partial, Wood
  • Patio And Porch Features: Enclosed Patio

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage Facing Front
  • Total Parking Spaces: 3.00
  • Garage Spaces: 1.00
  • Driveway/Sidewalks: Paved Driveway, Sidewalk/Curb/Gutter

Utilities

  • Cooling: Wall Unit(s)
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet Available, Natural Gas Connected, Public
  • Water Source: Public
  • Heating: Gas, Wall Furnace
  • Laundry Features: Hookups Only, Inside Room

Schools

  • Middle/Junior School District: Petaluma Joint Union

Lot Info

  • Assessor Parcel Number: 007-054-004-000
  • Lot Size Sq Ft: 5201.00
  • Unit/Block/Lot: 4

Green Features

  • Energy Efficient: Appliances

Building Info

  • Year Built: 1947

MLS Schools

  • Senior High School District: Petaluma Joint Union
  • School District (County): Sonoma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Mar 11, 2025
Sold by
Baskette Revocable Living Trust and Baskette John W
Bought by
Crummett-Ingersoll Revocable Living Trust and Ingersoll
Seller's Agent
Jeff Lokey
Compass
Buyer's Agent
Kristen Parrish Tamayo
Compass
List Price
$735,000
Sold Price
$700,000
Premium/Discount to List
-$35,000
-4.76%
Views
96
Current Estimated Value
$738,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,545
Avg. Annual Appreciation
5.24%
Original Mortgage
$600,000
Outstanding Balance
$596,941
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$141,604

Purchase Details

Closed on
Jan 6, 2016
Sold by
Baskette John W and Baskette Rosita
Bought by
The Baskette Revocable Living Trust
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
Crummett-Ingersoll Revocable Living Trust $700,000 Fidelity National Title Compan
The Baskette Revocable Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crummett-Ingersoll Revocable Living Trust $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2025 03/21/25 Sold $700,000 -2.1% $477 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
01/31/2025 01/31/25 Price Changed $715,000 -2.7% $487 / Sq Ft
01/17/2025 01/17/25 For Sale $735,000 -- $500 / 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 $917 $703,800 $280,500 $423,300
2024 $917 $63,444 $14,881 $48,563
2023 $917 $62,201 $14,590 $47,611
2022 $815 $60,982 $14,304 $46,678
2021 $802 $59,787 $14,024 $45,763
2020 $808 $59,175 $13,881 $45,294
2019 $799 $58,015 $13,609 $44,406
2018 $797 $56,879 $13,343 $43,536
2017 $783 $55,765 $13,082 $42,683
2016 $678 $54,673 $12,826 $41,847
2015 $669 $53,853 $12,634 $41,219
2014 $665 $52,799 $12,387 $40,412
Source: Public Records

Agents Affiliated with this Home

  • Jeff Lokey

    Seller's Agent in 2025

    Jeff Lokey

    Compass

    (559) 647-1195

    2 in this area

    51 Total Sales

    Jeff Lokey
    Section Image
  • Kristen Parrish Tamayo

    Buyer's Agent in 2025

    Kristen Parrish Tamayo

    Compass

    (707) 774-8600

    2 in this area

    102 Total Sales

    Kristen Parrish Tamayo
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324113262

Bay Area Real Estate Information Services (BAREIS)

APN: 007-054-004

California Sonoma County Petaluma 94952 Midtown

40 Averye Way, Petaluma, CA

Not Listed for Sale

Detached

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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