
Santa Rosa, CA 95401
This Vintage 1920 Bungalow offers a rare financial advantage in the Santa Rosa market. Listed at $470,000, the price sits above the $434,411 Fair Market Value, yet the property features a highly valuable assumable FHA loan at a 2.875% interest rate. Maintaining a Condition Rating of 4, the home showcases original hardwood floors and a gated 4,400 sq ft lot with a front porch and detached shed. While the outdoor laundry and dated systems suggest modernization needs, the financing provides exceptional monthly affordability. This is a strategic choice for first-time buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1127 Cleveland Avenue Subject | $470,000* List Price | 2 | 2 | 749 | $580 | - |
A 709 W 8th Street Sold | $535,000 | 3 | 2 | 1,040 | $514 | 0.6 mi |
B 1759 Eardley Avenue Sold | $539,000 | 2 | 2 | 939 | $574 | 0.6 mi |
C 1747 Eardley Avenue Sold | $530,000 | 2 | 2 | 939 | $564 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
This 1920 bungalow is in move-in condition but shows clear signs of age and outdated features. The kitchen contains older oak-style cabinetry and laminate countertops, and the home lacks central HVAC, relying on dated wall heaters. While the hardwood and bamboo flooring provide some modern appeal, the bathrooms feature basic, older fixtures, and the laundry facilities are located outdoors. The property is well-maintained for its age but requires modernization of major systems and finishes to meet current market standards.
The property features a rare assumable FHA loan with a 2.875% interest rate, providing a significant financial advantage and lower monthly payments compared to current market rates.
This 1910 bungalow maintains its historic appeal with original hardwood floors and a classic front porch, offering a warm and inviting atmosphere.
The 4,400 sq ft lot is fully gated for privacy and security, featuring ample parking, a detached storage shed, and versatile outdoor space.
At just 749 square feet, the living space is quite compact, which may be a constraint for buyers needing more room or storage.
The laundry area is located outdoors, which can be inconvenient during inclement weather and may be seen as a drawback for modern buyers.
Charming 1910 bungalow with gated parking and loan available at 2.875 interest rate. This two-bedroom, one-and-a-half-bath home blends vintage character with everyday functionality on a gated 4,400 sq ft lot. An adorable front porch welcomes you inside, where hardwood floors run through the living room, kitchen, and one bedroom, creating a warm and cohesive feel. The layout features a Jack-and-Jill style full bathroom connecting the bedrooms, plus an additional half bath for convenience. The kitchen offers ample cabinet storage and space for dining, making it both practical and comfortable for daily living. Outside find the gated backyard with detached shed, and an outdoor laundry and storage area, and lots of parking. A unique opportunity for buyers seeking character, outdoor space, and flexibility. An assumable FHA loan with an approximate $409,000 balance and about 25.6 years remaining at a 2.875 interest rate (subject to lender approval) makes this a rare opportunity for future owner!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 749 | 1,370 | 1% |
| Lot Size | 4,400 | 6,499 | 18% |
| Price | $470.0K | $635.0K | 13% |
| Price per sq ft | $628 | $492 | 88% |
| Built year | 1920 | 1970 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 131 | 184 | 25% |
Feb 28, 2026
$470,000
$475,000
-1% Price Drop
Initial Listing
Dec 12, 2025
$475,000
Initial Listing
Aug 2, 2021
$460,000
Public Record
Dec 5, 2017
$304,090
Public Record
Sep 24, 2007
$354,500
Public Record