NOT LISTED FOR SALE

718 I St Petaluma, CA 94952

Western Petaluma Neighborhood

Estimated Value: $1,060,000 - $1,293,851

6 Beds
6 Baths
2,183 Sq Ft
$562/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $1,250,000 $573 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,482/month

54 Days on Market

Highlights

  • Engineered Wood Flooring
  • Fenced Yard
  • Storage
  • Petaluma Junior High School Rated A-
  • 3 Car Attached Garage
  • Laundry closet

About This Home

As of October 2021

Westside Petaluma income opportunity! This Triplex consists of three 2 bed/1 bath homes, each with laundry & pet-friendly fenced outdoor patio/seating/garden areas. Unit #718 is a detached single family home at the front of the property with an open concept layout full of natural light, lots of storage, laundry room, and yard with multiple sitting/gardening areas and a deck. Unit #716 & #720 are mirrored units joined by single-stall carports and both enter through private brick patios. Kitchens include plenty of cabinets and dining area, spacious living rooms, good sized bedrooms, and bathrooms with shower/tub combos. Each unit has its own laundry room with storage. Unit #720 has additional yard space with lawn area, lots of trees, and a second parking space. This is a great location for your tenants in close proximity to Petaluma's best schools, downtown corridor shopping, restaurants, bars, and freeway access for easy commuting.

Last Agent to Sell the Property

Tony Lander

Century 21 Epic License #01814287 Listed on: 08/12/2021

Century 21 Epic

Last Buyer's Agent

Sandra Luna

Corcoran Icon Properties License #01747658

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,999 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Home Design

  • Triplex
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 6 Bedrooms
  • 2,183 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Storage
  • Free-Standing Gas Range

Flooring

  • Engineered Wood
  • Carpet
  • Vinyl

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 3 Car Attached Garage
  • 2 Carport Spaces
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Wall Furnace
  • Heating System Uses Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • Internet Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 008-222-013-000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Gross Income $70,920

Property Details

Home Type

Multi-Family

Lot Details

8,999 Sq Ft Lot

Listing Details

  • Interior Amenities: Storage Area(s)
  • Type: Residential Income
  • Property Sub Type: Triplex
  • Directions To Property: #718 is at the sidewalk on I St between 7th & 8th St.
  • Lot Size Acres: 0.2066
  • Stories: 1
  • CapRate: 4.10
  • Year Built Details: Unknown
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Appliances: Free Standing Gas Range
  • Flooring: Carpet, Simulated Wood, Vinyl
  • Price Per Square Foot: 572.61
  • Square Footage: 2183
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Landscape Back, Landscape Front
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Features: Attached, Carport, Street, Uncovered, Varies By Unit
  • Total Parking Spaces: 3
  • Carport Spaces: 2

Utilities

  • Cooling: Ceiling Fan(s), Varies By Unit, Window Unit(s)
  • Sewer: Public Sewer
  • Utilities: City, Internet Available, Natural Gas Connected
  • Water Source: Public
  • Heating: Central, Gas, Varies By Unit, Wall Furnace
  • Laundry Features: In Each Unit, Laundry Closet, Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 008-222-013-000
  • Lot Size Sq Ft: 8999

Rental Info

  • TenantPays: Electricity, Gas, See Remarks

Multi Family

  • NumberOfUnitsTotal: 3

MLS Schools

  • School District (County): Sonoma

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Oct 11, 2021
Sold by
Hesse Robert E
Bought by
Tom Jacqueline Y and The Jacqueliney Tom Revocable
Seller's Agent
Tony Lander
Century 21 Epic
Buyer's Agent
Sandra Luna
Corcoran Icon Properties
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,226,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,537
Avg. Annual Appreciation
-0.43%
Original Mortgage
$937,500
Outstanding Balance
$854,913
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$371,550

Purchase Details

Closed on
Mar 21, 2008
Sold by
Hesse Robert E
Bought by
Hesse Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tom Jacqueline Y $1,250,000 Fidelity National Title Co
Hesse Robert E -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tom Jacqueline Y $937,500
Previous Owner Hesse Robert E $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2021 10/19/21 Sold $1,250,000 0.0% $573 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $1,250,000 -- $573 / 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 $14,190 $1,326,509 $419,177 $907,332
2024 $14,190 $1,300,500 $410,958 $889,542
2023 $14,190 $1,275,000 $402,900 $872,100
2022 $3,366 $292,507 $91,977 $200,530
2021 $3,305 $286,773 $90,174 $196,599
2020 $3,332 $283,834 $89,250 $194,584
2019 $3,292 $278,269 $87,500 $190,769
2018 $3,280 $272,814 $85,785 $187,029
2017 $3,214 $267,465 $84,103 $183,362
2016 $3,135 $262,221 $82,454 $179,767
2015 $3,093 $258,283 $81,216 $177,067
2014 $3,078 $253,225 $79,626 $173,599
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tony Lander

    Century 21 Epic

    Section Image

  • S

    Buyer's Agent in 2021

    Sandra Luna

    Corcoran Icon Properties

    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321075198

Bay Area Real Estate Information Services (BAREIS)

APN: 008-222-013

California Sonoma County Petaluma 94952 Western Petaluma

718 I St, Petaluma, CA

Not Listed for Sale

MultiFamily

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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