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$799,990
EST. MARKET VALUE
$833,556
4% BelowMARKET VALUE
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
$833,556+$33,566 Equity Potential
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 3 bd · 2 ba · 1,463 sqft · $570 | $799,990* List Price | 3 | 2 | 1,463 | $570 | - |
A 440 Eastwood Drive Sold 3 bd · 2 ba · 1,376 sqft · $609 · 0.6 mi | $837,500 | 3 | 2 | 1,376 | $609 | 0.6 mi |
B 18 Eastside Circle Sold 3 bd · 2 ba · 1,127 sqft · $673 · 0.3 mi | $758,000 | 3 | 2 | 1,127 | $673 | 0.3 mi |
C 1521 Sarkesian Drive Sold 4 bd · 2 ba · 1,338 sqft · $597 · 0.8 mi | $799,000 | 4 | 2 | 1,338 | $597 | 0.8 mi |
D 261 Redwood Circle Sold 3 bd · 2 ba · 1,648 sqft · $555 · 0.4 mi | $915,000 | 3 | 2 | 1,648 | $555 | 0.4 mi |
E 525 Albert Way Sold 3 bd · 2 ba · 1,400 sqft · $589 · 0.7 mi | $825,000 | 3 | 2 | 1,400 | $589 | 0.7 mi |
F 1517 Weaverly Drive Sold 3 bd · 2 ba · 1,272 sqft · $645 · 0.8 mi | $820,000 | 3 | 2 | 1,272 | $645 | 0.8 mi |
G 405 Ely Boulevard S Sold 3 bd · 2 ba · 1,196 sqft · $585 · 0.5 mi | $700,000 | 3 | 2 | 1,196 | $585 | 0.5 mi |
H 1424 Sierra Drive Sold 3 bd · 2 ba · 1,269 sqft · $690 · 0.9 mi | $875,000 | 3 | 2 | 1,269 | $690 | 0.9 mi |
I 1549 Creekside Drive Active 3 bd · 3 ba · 1,544 sqft · $631 · 0.4 mi | $975,000 List Price | 3 | 3 | 1,544 | $631 | 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
Renovated and move-in ready! This beautifully updated single-level ranch style home presents a magnificent chef's kitchen with professional 36" 6-burner Viking Gas Stove, Kraftmaid soft-closing customer cabinetry, quartz countertops, stainless steel appliances, updated bathrooms, luxury vinyl plank flooring, metal roof that last forever! double-pane windows, Brand new water heater and Brand new furnace with transferable warranty. The spotless garage has built-in shelves plus wide driveway accommodates 4-car parking. Huge low maintenance backyard has ADU potential, double-door on fence for easy RV parking accessible from Janet St. Gas fire Pit ready for your BBQ party! Come see this beautiful home with all the thoughtful upgrades and quality craftsmanship for yourself! Move-in Ready!
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 | 3.4 |
| Baths | 2.0 | 2.5 |
| Square foot | 1,463 | 1,792.34 |
| Lot Size | 6,490 | 6,300.582 |
| Price | $800.0K | $939.8K |
| Price per sq ft | $547 | $548 |
| Built year | 1968 | 1974 |
| HOA | $0 | $134 |
| Days on market | 75 | 35 |
Pricing History
Listed for Sale
Sep 22, 2026
$799,990
$818,000
-2% Price Drop
Initial Listing
Price Change
Aug 10, 2026
$818,000
Initial Listing
Sold
Jun 30, 2026
$640,000
Public Record