NOT LISTED FOR SALE

Estimated Value: $903,000 - $1,154,000

3 Beds
3 Baths
1,770 Sq Ft
$589/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $970,000 $548 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,316/month

20 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • Bungalow
  • Petaluma Junior High School Rated A-
  • 2 Car Garage
  • Central Heating

About This Home

As of October 2022

Location, Location! This light and bright desirable West Petaluma Duplex is comprised of TWO single level homes on a large lot. Unique opportunity to own an income producing property in a desirable location. You can live in one home, rent out the other or, rent them both or, is ideal for extended family. The first home is 2-bedroom, 1-bathroom with an attached 1 car garage. The second home features 1-bedroom, 1-bathroom with a detached 1 car garage and extra storage. Each home has a living room, kitchen, W&D hook ups, and large private backyard and front yard. The back home features an extra-long driveway for parking multiple cars. Both homes had many updates to include fresh paint inside and out, light fixtures, doors, screen doors, hardware, & landscaping. The property features strong rental income, and the opportunity to own prime units walking distance to downtown Petaluma and, 1 block from the high school. Located close to parks, schools, & restaurants. These homes are true gems!

Last Agent to Sell the Property

Andrea Kraemer

Coldwell Banker Realty License #02002761 Listed on: 09/13/2022

Coldwell Banker Realty

Last Buyer's Agent

Mike Ward

Livxplore Real Estate & Lifest License #01863240

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 6,469 Sq Ft Lot
  • Fenced Yard
  • Historic Home

Parking

  • 2 Car Garage

Home Design

  • Bungalow
  • Shingle Roof

Interior Spaces

  • 3 Bedrooms
  • 1,770 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range

Flooring

  • Wood
  • Laminate

Utilities

  • No Cooling
  • Central Heating
  • Individual Gas Meter
  • Separate Water Meter
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 008-152-016-000

Home Details

Home Type

Single Family

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: House(s)
  • Directions To Property: Petaluma Blvd to I street. Right on 6th Street, Left on B Street, Right on Spring Street and Left on Douglas Street.
  • Lot Size Acres: 0.1485
  • Stories: 1
  • CapRate: 4.70
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Bungalow, Vintage
  • Special Features: None

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Free Standing Refrigerator, Gas Water Heater
  • Flooring: Laminate, Wood
  • Price Per Square Foot: 548.02
  • Square Footage: 1770.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Curbs/Gutters
  • Property Condition: Updated/Remodeled
  • Roof: Shingle
  • ExteriorFeatures: Fenced Yard, Yard Space

Garage/Parking

  • Parking Features: Attached, Detached, Garage
  • Total Parking Spaces: 6.00
  • Garage Spaces: 2.00

Utilities

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

Lot Info

  • Assessor Parcel Number: 008-152-016-000
  • Lot Size Sq Ft: 6469.00

Building Info

  • Year Built: 1947

Multi Family

  • 1 Bedroom Rent Range: 2300-2600
  • Two Bedroom Rent Range: 2700-3200
  • Number of 1 Bedroom Units: 1
  • NumberOfUnitsTotal: 1

MLS Schools

  • School District (County): Sonoma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2022
Closed on
Oct 14, 2022
Sold by
Michaeli-Salber Revocable Trust
Bought by
Balser Clement S and Balser Taylor Crawley
Seller's Agent
Andrea Kraemer
Coldwell Banker Realty
Buyer's Agent
Mike Ward
Livxplore Real Estate & Lifest
List Price
$999,000
Sold Price
$970,000
Premium/Discount to List
-$29,000
-2.9%
Views
5
Current Estimated Value
$1,042,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,248
Avg. Annual Appreciation
2.21%
Original Mortgage
$650,000
Outstanding Balance
$624,833
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$417,415

Purchase Details

Closed on
Feb 27, 2019
Sold by
Salber Patricia R and Michaeli Dov
Bought by
Salber Patricia R and Michaeli Dov
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
Balser Clement S $970,000 Old Republic Title
Salber Patricia R -- None Available
Salber Patricia R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balser Clement S $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Sold $970,000 -1.9% $548 / Sq Ft
09/30/2022 09/30/22 Price Changed $989,000 -1.0% $559 / Sq Ft
09/13/2022 09/13/22 For Sale $999,000 -- $564 / 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 $10,846 $1,009,188 $400,554 $608,634
2024 $10,846 $989,400 $392,700 $596,700
2023 $10,846 $970,000 $385,000 $585,000
2022 $2,699 $232,546 $76,554 $155,992
2021 $2,651 $227,987 $75,053 $152,934
2020 $2,673 $225,650 $74,284 $151,366
2019 $2,641 $221,227 $72,828 $148,399
2018 $2,631 $216,890 $71,400 $145,490
2017 $2,579 $212,638 $70,000 $142,638
2016 $2,513 $208,470 $68,628 $139,842
2015 $2,480 $205,340 $67,598 $137,742
2014 $2,468 $201,318 $66,274 $135,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322084681

Bay Area Real Estate Information Services (BAREIS)

APN: 008-152-016