1641 E Madison Street, Petaluma, CA 94954, Petaluma, 94954 - 3 bed, 2 bath
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1641 E Madison Street
Petaluma, CA 94954
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,463Sq Ft
6,490Lot Size
Property Price
LIST PRICE$818,000
EST. MARKET VALUE
$837,062
SUMMARY
This High-Potential Investment Opportunity is a Turnkey Single Family Residence listed at $818,000, positioned well below the $837,063 Fair Market Value by 2%. This valuation gap offers $19,063 in Instant Equity. Featuring a Chef’s Kitchen with Viking appliances and a Mint Condition Rating, the home is move-in ready. The large corner lot provides significant ADU Expansion Potential for rental income. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add asset.
Estimated Market Value
$837,062
Based on Realkey algorithm analyzing recent comparable sales in Petaluma.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1641 E Madison Street Subject | $818,000* List Price | 3 | 2 | 1,463 | $572 | - |
A 440 Eastwood Drive Sold | $837,500 | 3 | 2 | 1,376 | $609 | 0.6 mi |
B 261 Redwood Circle Sold | $915,000 | 3 | 2 | 1,648 | $555 | 0.4 mi |
C 525 Albert Way Sold | $825,000 | 3 | 2 | 1,400 | $589 | 0.7 mi |
D 1517 Weaverly Drive Sold | $820,000 | 3 | 2 | 1,272 | $645 | 0.8 mi |
E 405 Ely Boulevard S Sold | $700,000 | 3 | 2 | 1,196 | $585 | 0.5 mi |
F 1424 Sierra Drive Sold | $875,000 | 3 | 2 | 1,269 | $690 | 0.9 mi |
G 1712 Weaverly Drive Sold | $725,000 | 3 | 2 | 1,400 | $518 | 0.8 mi |
H 1645 Weaverly Drive Sold | $825,000 | 4 | 3 | 1,800 | $458 | 0.7 mi |
I 1549 Creekside Drive Active | $999,000 List Price | 3 | 3 | 1,544 | $647 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1968, the property has undergone a comprehensive renovation within the last year (<5y reno). It features a high-end chef's kitchen with Viking/KitchenAid appliances, brand new permitted HVAC and water heater systems, new flooring throughout, and updated bathroom fixtures. The home is in mint, move-in-ready condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- High-End Chef's Kitchen
The property features a premium kitchen renovation equipped with a 36-inch Viking gas range, KraftMaid cabinetry, and quartz countertops, offering exceptional value for culinary enthusiasts.
- Extensive Modern Upgrades
Significant recent improvements include a new furnace, new water heater, epoxy garage flooring, and updated LVP flooring throughout, ensuring the home is in move-in ready condition.
- ADU Expansion Potential
Situated on a large level corner lot with existing double-door fence access, the backyard offers significant potential for a 640+ square foot Accessory Dwelling Unit (ADU) for multi-generational living or rental income.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-06-30. The sold price is $640,000.00.
- As-Is Sale Condition
The property is being sold in as-is condition, which may require buyers to be more diligent during inspections and potentially limit seller concessions for future repairs.
- 1960s Era Infrastructure
Despite extensive cosmetic and mechanical updates, the 1968 construction may still feature original architectural layouts or underlying utility systems typical of its age.
About 1641 E Madison Street
1641 E Madison St is a traditional 3BD/2BA ranch style one story home. situated on a corner lot. Deodar Cedar in the corner casts a deep, cool shadow. Perfect for a hot Summer and Christmas decoration. Tastefully renovated beautiful Kitchen, Viking 36" wide gas range with 6 powerful burners, Kitchen Aid Range Hood and Kitchen Aid Dishwasher, One year old Fridge, Quartz L shape countertop, customized Brand KraftMaid cabinetry, a good size pantry room too! Brand new kitchen faucet, all stainless steel appliance, this is a real chef's kitchen! Handsome natural stone Wood-burning fireplace in huge Dining Room; large Living Room with extra-wide window and adjustable ceiling lights, Master bath has access to huge low maintenance level Backyard. Brand new Water Proof LVP Flooring 3 Bedrooms, Wood flooring in Dining, Living and Hallway. Tile flooring in Kitchen and bathrooms. Modern recessed ceiling adjustable lighting in Dining,Living, hallway, and Master room. Fresh paint in every room and most exterior walls. Permitted New Water heater and New Furnace and Complete New Control System, Installed by Local Licensed Contractor! New Shower Doors, New Faucets in both bathrooms, new drains in vanity, New bathroom mirrors, new toilet in hallway bath, new toilet cover in master bath, new shower heads, new shower handle and cover in master bath. New Water Proof LVP in all 3 bedrooms; New Closet doors in all bedrooms; New Thermostat, New Epoxy flooring in Spotless Garage and front door steps. The huge backyard 64'x27' has great potential for ADU for additional income, can accommodate a 640+sf ADU(40'x16') with access from Janet St(buyer to verify with City), a double-door is already on Fence for easy access. Level backyard has a pit and seating area. There is a 20 feet wide easement for PG&E access that adds a buffer zone between two houses adds more privacy!Don't miss out this excellent opportunity owning a value-add property! Don't forget it has a metal roof, this will last forever! Move in Ready.Property is sold as-is.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 6,490 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,463 | 1,819.93 |
| Lot Size | 6,490 | 6,258.866 |
| Price | $818.0K | $911.4K |
| Price per sq ft | $559 | $555 |
| Built year | 1968 | 1974 |
| HOA | $0 | $127 |
| Days on market | 30 | 36 |
Pricing History
Listed for Sale
Aug 10, 2026
$818,000
Initial Listing
Sold
Jun 30, 2026
$640,000
Public Record