1020 Catalpa Way, Petaluma, CA 94954, Petaluma, 94954 - 4 bed, 3 bath
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Petaluma, CA 94954
This Updated System-Ready Residence is listed at $849,000, representing a stable acquisition closely aligned with its $835,501 Fair Market Value. Boasting a Condition Rating of 4, the home features extensive high-ticket mechanical upgrades including a lifetime roof, newer HVAC, and an updated electrical panel, ensuring long-term structural integrity. While the interior awaits modern cosmetic finishes to unlock full appreciation, its prime location just 0.45 miles from the top-rated Casa Grande High School adds significant lifestyle appeal. This property is a strategic match for Owner-Occupants looking to build equity through personalization or Buy-and-Hold Investors seeking a low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1020 Catalpa Way Subject | $849,000* List Price | 4 | 3 | 1,972 | $424 | - |
A 1313 Berrydale Drive Sold | $860,000 | 4 | 2 | 1,785 | $482 | 0.3 mi |
B 1312 Glenwood Drive Sold | $785,000 | 4 | 2 | 1,785 | $440 | 0.3 mi |
C 1636 Sarkesian Drive Sold | $855,000 | 4 | 3 | 2,159 | $396 | 0.7 mi |
D 831 Wood Lane Sold | $885,000 | 4 | 3 | 2,104 | $421 | 0.4 mi |
E 1688 Kearny Court Sold | $830,000 | 5 | 3 | 1,907 | $435 | 1.0 mi |
F 1569 Trellis Lane Active | $830,000 List Price | 4 | 3 | 2,128 | $390 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the home has excellent system upgrades including a newer roof, HVAC, electrical panel, and windows. However, the interior remains dated with 1970s-style parquet flooring, tile kitchen countertops, and older cabinetry, requiring cosmetic modernization to meet current market standards.
The property boasts significant high-ticket improvements including a lifetime roof, updated electrical panel, new furnace, A/C, and dual-pane windows, minimizing immediate capital expenditures for the buyer.
Situated on a highly desirable street where homes rarely come to market, the property offers exceptional stability and is located less than half a mile from the well-rated Casa Grande High School.
With a clear pest inspection report already in hand and updated exterior stucco and paint, the home demonstrates pride of ownership and a simplified closing process.
The suggestion that the home needs 'personal touches' indicates that interior finishes, such as flooring and cabinetry, may be dated and require additional investment to meet modern aesthetic standards.
Built in 1970, the floor plan may feature more compartmentalized rooms rather than the open-concept living spaces preferred by many contemporary buyers.
Lovely rear yard with shed, planting beds, wood bin and southern exposure. This street is perfection and homes rarely sell. The home has loads of upgrades: windows, electrical service panel, stove, refrigerator, microwave, exterior paint and stucco, front door, furnace and A/C and the roof is super long lasting (sold as life-time). Clear Pest Inspection Report. All it needs is your personal touches. Come have a look.
No exterior & parking available.
Grades 7-8 • 2.9 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 51% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,972 | 1,739 | 65% |
| Lot Size | 5,998 | 6,060 | 47% |
| Price | $849.0K | $800.0K | 56% |
| Price per sq ft | $431 | $470 | 26% |
| Built year | 1970 | 1975 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 215 | 167 | 63% |
Nov 11, 2025
$849,000
Initial Listing
Jul 11, 2008
$470,000
Public Record