NOT LISTED FOR SALE

401 Fair Ave Petaluma, CA 94952

Estimated Value: $1,220,000 - $1,392,000

3 Beds
2 Baths
1,328 Sq Ft
$995/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $1,335,000 $1,005 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,959/month

35 Days on Market

Highlights

  • Parking available for a boat
  • Second Garage
  • Wood Burning Stove
  • Petaluma Junior High School Rated A-
  • Pasture Views
  • Farmhouse Style Home

About This Home

As of August 2024

Enjoy this great nearly 5 acre property all by yourself, or check with the county about splitting off a few acres. Beautiful Land in a prime location with views, pastures for your animals, and as many outbuildings and shop space as anyone could ask for. Next to the Petaluma Riding Club. First time on the market in over 75 years. Did I mention there was an enclosed canning kitchen? This farmhouse is waiting for the next owners to love it !

Last Agent to Sell the Property

Bonnie Parks-Merrill

Westgate Realty License #00636889 Listed on: 07/09/2024

Last Buyer's Agent

Sean Payne

Livxplore Real Estate & Lifest License #01732991

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1915

Lot Details

  • 4.96 Acre Lot
  • Partial crossed fence

Parking

  • 8 Car Detached Garage
  • 1 Carport Space
  • Second Garage
  • Gravel Driveway
  • Guest Parking
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Pasture
  • Hills

Home Design

  • Farmhouse Style Home
  • Concrete Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Living Room
  • Den
  • Workshop

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed
  • Outbuilding

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • 220 Volts
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 048-051-004-000

Home Details

Home Type

Single Family

Year Built

Built in 1915

Lot Details

0

Parking

8

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Skillman to Fair Avenue.
  • Lot Size Acres: 4.9600
  • Stories: 1
  • ArchitecturalStyle: Farmhouse
  • Special Features: None

Interior Features

  • Appliances: Built-In Electric Oven, Electric Cook Top, Free Standing Refrigerator
  • Number Of Fireplaces: 2
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Flooring: Carpet, Linoleum
  • Square Footage: 1328.00
  • Bathrooms: 2
  • Fireplace Features: Wood Burning, Wood Stove
  • Room Type: Baths Other, Den, Kitchen, Laundry, Living Room, Workshop
  • Main Level: Bedroom(s), Full Bath(s), Kitchen, Living Room

Exterior Features

  • Construction Materials: Wood Siding
  • Foundation: Concrete
  • Lot Features: Other
  • Roof: Composition
  • Fencing: Partial, Partial Cross
  • OtherStructures: Outbuilding, Second Garage, Shed(s)
  • View: Hills, Pasture

Garage/Parking

  • Parking Features: Boat Storage, Detached, Garage Facing Side, Guest Parking Available, RV Access
  • Total Parking Spaces: 15.00
  • Carport Spaces: 1.00
  • Garage Spaces: 8.00
  • Driveway/Sidewalks: Gravel

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Security Features: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Septic System
  • Utilities: Public
  • Water Source: Well
  • Heating: Central, Gas
  • Laundry Features: Dryer Included, Inside Area, Washer Included

Lot Info

  • Assessor Parcel Number: 048-051-004-000
  • Lot Size Sq Ft: 216058.00

Building Info

  • Year Built: 1915

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2024
Closed on
Aug 12, 2024
Sold by
Gordon Sturm Family Trust and Sturm Lester R
Bought by
Karen A Masi Trust and Masi
Seller's Agent
Bonnie Parks-Merrill
Westgate Realty
Buyer's Agent
Sean Payne
Livxplore Real Estate & Lifest
List Price
$1,600,000
Sold Price
$1,335,000
Premium/Discount to List
-$265,000
-16.56%
Views
26
Current Estimated Value
$1,321,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,611
Avg. Annual Appreciation
-0.71%
Original Mortgage
$867,750
Outstanding Balance
$858,080
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$463,309

Purchase Details

Listed on
Jul 9, 2024
Closed on
Aug 6, 2024
Sold by
Sturm Gerald M
Bought by
Gordon Sturm Family Trust and Sturm
Seller's Agent
Bonnie Parks-Merrill
Westgate Realty
Buyer's Agent
Sean Payne
Livxplore Real Estate & Lifest
List Price
$1,600,000
Sold Price
$1,335,000
Premium/Discount to List
-$265,000
-16.56%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$867,750
Outstanding Balance
$858,080
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$463,309

Purchase Details

Closed on
Jan 15, 2003
Sold by
Sturm Gordon C and Sturm Jessie J
Bought by
Sturm Gordon C and Sturm Jessie J
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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Purchase History

Date Buyer Sale Price Title Company
Karen A Masi Trust $1,335,000 First American Title
Gordon Sturm Family Trust -- First American Title
Sturm Gordon C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karen A Masi Trust $867,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $1,335,000 -16.6% $1,005 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/09/2024 07/09/24 For Sale $1,600,000 -- $1,205 / 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 $1,415 $91,899 $53,177 $38,722
2024 $1,415 $90,098 $52,135 $37,963
2023 $1,415 $88,332 $51,113 $37,219
2022 $1,291 $86,601 $50,111 $36,490
2021 $1,240 $84,904 $49,129 $35,775
2020 $1,237 $84,035 $48,626 $35,409
2019 $1,219 $82,388 $47,673 $34,715
2018 $952 $80,774 $46,739 $34,035
2017 $937 $79,191 $45,823 $33,368
2016 $899 $77,639 $44,925 $32,714
2015 $880 $76,474 $44,251 $32,223
2014 $849 $74,977 $43,385 $31,592
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324051879

Bay Area Real Estate Information Services (BAREIS)

APN: 048-051-004