NOT LISTED FOR SALE

Estimated Value: $1,615,000 - $1,958,377

4 Beds
10 Baths
3,380 Sq Ft
3,572 Sq Ft Lot

Last Sold February 24, 2023

Last sale price $1,750,000 $518 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $10,946/month

61 Days on Market

Highlights

  • Downtown View
  • Wood Flooring
  • 2 Car Detached Garage
  • Petaluma Junior High School Rated A-
  • Corner Lot
  • 4-minute walk to Walnut Park

About This Home

As of February 2023

What comes to mind when you think of downtown Petaluma? The river, shop-lined streets, the historic Public Library, and 19th Century Victorian homes to start. Here's a couple more with the help of this downtown property in the heart of it all: home and income opportunity! The Eaton's four 1 bed & 1 bath units have been lovingly remodeled over the past year and a half to marry historic charm and modern style. The building stands out with fresh paint and the covered stoop that holds the beaming red front doors for each unit, two upstairs and two downstairs, that all offer the same great amenities. Enter into the cozy living room with wood flooring, gas fireplace, wide dual pane windows, and great storage. Move on to the charming kitchen with new appliances, hutch cabinets, and dining nook. The rest of the unit includes a modern bathroom, spacious bedroom with broad windows, and private laundry room. Each unit has a back door that leads to a communal hallway with a separate storage closet and rear building access where you'll find four remodeled storage units and two single car garages. It's incredible space that you can rent out or choose to live where everyone wants to be! BONUS: now supporting a 5% + cap rate with new and improved price!

Last Agent to Sell the Property

Peg & Jeremy King

Livxplore Real Estate & Lifest License #00690260 Listed on: 12/21/2022

Last Buyer's Agent

Douglas Hecker

Coldwell Banker Realty License #01347843

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,391

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 3,572

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Concrete Foundation

Interior Spaces

  • 4 Bedrooms
  • 3,380 Sq Ft Home
  • 2-Story Property
  • Downtown Views

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Tankless Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 008-061-001-000

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,391

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Condominiums
  • Directions To Property: Petaluma Blvd to B St
  • Lot Size Acres: 0.0820
  • Stories: 2
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Tankless Water Heater
  • Accessibility Features: None
  • Flooring: Tile, Wood
  • Price Per Square Foot: 517.75
  • Square Footage: 3380.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Corner
  • Property Condition: Updated/Remodeled
  • Roof: Flat
  • View: Downtown

Garage/Parking

  • Parking Features: Detached, Garage, Street
  • Total Parking Spaces: 2.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public
  • Heating: Individual, Natural Gas, Other
  • Laundry Features: In Each Unit, Washer/Dryer Owned
  • Separate Meters: Gas

Association/Amenities

  • Unit: 1-4

Lot Info

  • Assessor Parcel Number: 008-061-001-000
  • Lot Size Sq Ft: 3572.00

Building Info

  • Year Built: 1922

Multi Family

  • 1 Bedroom Rent Range: 2500-3000
  • Two Bedroom Rent Range: 2500-3000
  • Three Bedroom Rent Range: 2500-3000
  • Four Bedroom Rent Range: 2500-3000
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 4
  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2022
Closed on
Jan 30, 2023
Sold by
John Dixon And Mike Roemmler Trust
Bought by
Lpl Investments Llc
Seller's Agent
Peg & Jeremy King
Livxplore Real Estate & Lifest
Buyer's Agent
Douglas Hecker
Coldwell Banker Realty
List Price
$2,200,000
Sold Price
$1,750,000
Premium/Discount to List
-$450,000
-20.45%
Views
135
Current Estimated Value
$1,759,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,792
Avg. Annual Appreciation
0.21%

Purchase Details

Closed on
Feb 17, 2022
Sold by
John Dixon
Bought by
John Dixon And Mike Roemmler Trust and John Mike T

Purchase Details

Closed on
Aug 17, 2021
Sold by
Campbell Diana J and Campbell Frank L
Bought by
Dixon John and Roemmler Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,207,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 1994
Sold by
Campbell Frank L and Campbell Diana J
Bought by
Campbell Frank L and Campbell Diana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.67%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lpl Investments Llc $1,750,000 Fidelity National Title
John Dixon And Mike Roemmler Trust -- Campbell Clark & Vienneau Apc
Dixon John -- Campbell Clark & Vienneau Apc
Dixon John $1,610,000 First American Title Company
Campbell Frank L -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dixon John $1,207,500
Previous Owner Campbell Frank L $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2023 02/24/23 Sold $1,750,000 -6.7% $518 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
01/19/2023 01/19/23 Price Changed $1,875,000 -14.8% $555 / Sq Ft
12/21/2022 12/21/22 For Sale $2,200,000 -- $651 / 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 $19,391 $1,820,700 $728,280 $1,092,420
2024 $19,391 $1,785,000 $714,000 $1,071,000
2023 $19,391 $154,316 $47,280 $107,036
2022 $1,836 $151,291 $46,353 $104,938
2021 $1,805 $148,326 $45,445 $102,881
2020 $1,819 $146,807 $44,980 $101,827
2019 $1,798 $143,930 $44,099 $99,831
2018 $1,792 $141,109 $43,235 $97,874
2017 $1,758 $138,343 $42,388 $95,955
2016 $1,711 $135,631 $41,557 $94,074
2015 $1,689 $133,594 $40,933 $92,661
2014 $1,682 $130,978 $40,132 $90,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322105091

Bay Area Real Estate Information Services (BAREIS)

APN: 008-061-001