40 Averye Way Petaluma, CA 94952
2
Beds
2
Baths
1,469
Sq Ft
5,201
Sq Ft Lot
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 2025A 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!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $917
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
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%
Total Days on Market
45
Views
96
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,477
Avg. Annual Appreciation
2.43%
Original Mortgage
$600,000
Outstanding Balance
$599,497
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$106,740
Purchase Details
Closed on
Jan 6, 2016
Sold by
Baskette John W and Baskette Rosita
Bought by
The Baskette Revocable Living Trust
Similar Homes in Petaluma, CA
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $700,000 | Fidelity National Title Compan | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | New Conventional | |
| Previous Owner | $250,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $182,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $100,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 Compared to Growth
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 |
|---|---|---|---|---|
| 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
-
J
Seller's Agent in 2025
Jeff Lokey
Compass
-
K
Buyer's Agent in 2025
Kristen Parrish Tamayo
Compass
Map
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 324113262
APN: 007-054-004
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.
Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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