NOT LISTED FOR SALE

740 Bailey Ave Petaluma, CA 94952

Estimated Value: $988,000 - $1,285,164

2 Beds
1 Bath
964 Sq Ft
$1,187/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $750,000 $778 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,765/month

18 Days on Market

Highlights

  • Panoramic View
  • Farmhouse Style Home
  • 1-Story Property
  • Petaluma Junior High School Rated A-
  • Wood Siding

About This Home

As of February 2018

Gently sloping parcel of land, nearly 5 acres in size. Per Sonoma County PRMD, zoning is RR B6 2; potentially splittable. Great views of the valley and hills beyond. Home is nearing a century old and is in need of significant repair. Includes several outbuildings-chicken houses and sheds, most in need of significant repair or demo. And, it has a cold-war era underground bomb shelter! Great potential here for fabulous homesite(s).

Last Agent to Sell the Property

Steve Gavriloff

Westgate Realty License #01073772 Listed on: 01/08/2018

Last Buyer's Agent

Sean Payne

Livxplore Real Estate & Lifest License #01732991

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 4.98

Parking

  • 12 Open Parking Spaces
  • 2 Car Garage

Property Views

  • Panoramic
  • Hills
  • Valley

Home Design

  • Farmhouse Style Home
  • Cottage
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 964 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Well
  • Septic System

Additional Features

  • Outbuilding
  • 4.98 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 048-031-006-000

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Directions To Property: Corner of Fair and Bailey Avenues
  • Lot Size Acres: 4.9800
  • Stories: 1
  • ArchitecturalStyle: Cottage, Farmhouse
  • Special Features: None

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1
  • Price Per Square Foot: 778.01
  • Square Footage: 964
  • Bathrooms: 1.00
  • Room Type: Other

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Lot Features: CNTY
  • OtherStructures: Other, Outbuilding, ZON2
  • Pool: No
  • Spa: No
  • View: Hills, Panoramic, Valley

Garage/Parking

  • Garage Spaces: 2
  • OpenParkingSpaces: 12

Utilities

  • Cooling: Other
  • Sewer: Septic Connected
  • Utilities: All Public, PGEE
  • Water Source: Well
  • Heating: Other
  • Laundry Features: Hookups Only, Inside Room

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Assessor Parcel Number: 048-031-006-000
  • Lot Size Sq Ft: 216929

Building Info

  • Year Built: 1922

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2023
Sold by
Masi Karen A
Bought by
Karen A Masi Trust and Masi
Current Estimated Value
$1,144,041

Purchase Details

Listed on
Jan 8, 2018
Closed on
Feb 6, 2018
Sold by
Potts Robert B
Bought by
Masi Karen
Seller's Agent
Steve Gavriloff
Westgate Realty
Buyer's Agent
Sean Payne
Livxplore Real Estate & Lifest
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Listed on
Jan 8, 2018
Closed on
Jan 31, 2018
Sold by
Salaun David M
Bought by
Masi Karen A
Seller's Agent
Steve Gavriloff
Westgate Realty
Buyer's Agent
Sean Payne
Livxplore Real Estate & Lifest
List Price
$750,000
Sold Price
$750,000

Purchase Details

Closed on
Jun 29, 2004
Sold by
Potts Gladys M and Potts Edgar Dean
Bought by
Potts Gladys M

Purchase Details

Closed on
Mar 12, 2004
Sold by
Potts Gladys M
Bought by
Potts Gladys M and Potts Edgar Dean

Purchase Details

Closed on
Dec 23, 2002
Sold by
Rosenbohm Louise A
Bought by
Rosenbohm Louise A
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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Purchase History

Date Buyer Sale Price Title Company
Karen A Masi Trust -- None Listed On Document
Masi Karen $750,000 Old Republic Title Co
Masi Karen A -- Old Republic Title Co
Potts Gladys M -- --
Potts Gladys M -- --
Rosenbohm Louise A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2018 02/16/18 Sold $750,000 0.0% $778 / Sq Ft
01/26/2018 01/26/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $750,000 -- $778 / 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 $9,395 $853,367 $568,913 $284,454
2024 $9,395 $836,635 $557,758 $278,877
2023 $9,395 $820,231 $546,822 $273,409
2022 $9,130 $804,149 $536,100 $268,049
2021 $8,901 $788,383 $525,589 $262,794
2020 $8,959 $780,300 $520,200 $260,100
2019 $8,832 $765,000 $510,000 $255,000
2018 $8,718 $762,226 $593,540 $168,686
2017 $8,579 $747,281 $581,902 $165,379
2016 $8,313 $732,630 $570,493 $162,137
2015 -- $721,626 $561,924 $159,702
2014 -- $707,491 $550,917 $156,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21800412

Bay Area Real Estate Information Services (BAREIS)

APN: 048-031-006