NOT LISTED FOR SALE
10 Beds
-- Bath
4,255 Sq Ft
0.34 Acres

Last Sold September 26, 2018

Last sale price $2,150,000 $505 Per Sq Ft

78 Days on Market

Highlights

  • 0.34 Acre Lot
  • Floor Furnace
  • Laundry Facilities
  • Petaluma Junior High School Rated A-

About This Home

As of September 2018

A 9-unit apartment complex located on the West Side of Petaluma near the downtown area. Comprised of two separate buildings, this property consists of (1) 2BR/1BA unit, (7) 1BR/1BA units and (1) 1BR/1BA cottage. The property features a coin-op laundry room, large front and side yards and separate PG&E for 7 of 9 units. New roof installed in 2017. Great investment property in a premium location with room to increase rents.

Last Agent to Sell the Property

Steven Level

Berkshire Hathaway License #01184232 Listed on: 07/09/2018

Berkshire Hathaway

Last Buyer's Agent

Steven Level

Berkshire Hathaway License #01184232 Listed on: 07/09/2018

Berkshire Hathaway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1893

Lot Details

  • 0.34 Acre Lot

Home Design

  • 4,255 Sq Ft Home
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 008-045-003-000

Community Details

Overview

  • 2 Buildings
  • 9 Units

Additional Features

  • Laundry Facilities
  • Gross Income $165,481

Property Details

Home Type

Multi-Family

Year Built

Built in 1893

Lot Details

0.34 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Petaluma, CA
  • Lot Size Acres: 0.3444
  • CapRate: 5.10
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 505.29
  • Square Footage: 4255
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Off Street, Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Floor Furnace, Wall Furnace
  • Laundry Features: Coin Operated, In Common Area

Lot Info

  • Assessor Parcel Number: 008-045-003-000
  • Lot Size Sq Ft: 15002

Building Info

  • Year Built: 1893

Multi Family

  • One Bedroom Annual Occupancy: 98
  • 1 Bedroom Rent Range: 1450-1625
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1825
  • Number Of1 Bedrooms Occupied: 7
  • Number of 1 Bedroom Units: 8
  • Number Of2 Bedrooms Occupied: 1
  • NumberOfUnitsTotal: 9
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2018 09/26/18 Sold $2,150,000 0.0% $505 / Sq Ft
09/25/2018 09/25/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $2,150,000 -- $505 / 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 $25,640 $2,414,361 $836,637 $1,577,724
2024 $25,640 $2,367,335 $820,233 $1,547,102
2023 $25,640 $2,321,231 $804,150 $1,517,081
2022 $25,057 $2,277,632 $788,383 $1,489,249
2021 $24,567 $2,231,719 $772,925 $1,458,794
2020 $24,783 $2,209,000 $765,000 $1,444,000
2019 $24,478 $2,166,000 $750,000 $1,416,000
2018 $19,567 $1,700,600 $561,000 $1,139,600
2017 $16,353 $1,420,895 $551,274 $869,621
2016 $15,986 $1,393,349 $540,465 $852,884
2015 $15,765 $1,372,661 $532,347 $840,314
2014 $15,710 $1,347,687 $521,920 $825,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21817773

Bay Area Real Estate Information Services (BAREIS)
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