1997 Rainier Circle, Petaluma, CA 94954, Petaluma, 94954 - 3 bed, 3 bath
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Petaluma, CA 94954
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $789,000, which aligns perfectly with its $789,000 Fair Market Value. Featuring a Good Condition Rating, the home offers modern updates including fresh paint, newer appliances, and a private backyard orchard. Located near Kenilworth Junior High and Casa Grande High School, this property provides a stable, move-in ready lifestyle. With HOA-managed exterior maintenance, it is an ideal acquisition for first-time buyers or Owner-Occupants seeking a low-maintenance, high-quality home in Petaluma.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1997 Rainier Circle Subject | $769,000* List Price | 3 | 3 | 2,072 | $371 | - |
A 1449 Morning Glory Drive Sold | $800,000 | 3 | 2 | 1,755 | $456 | 0.8 mi |
B 984 Hogwarts Circle Pending | $989,000 List Price | 4 | 3 | 2,070 | $478 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1994 (31 years old) but qualifies as 'Good' due to recent cosmetic renovations and maintenance. Updates include fresh interior paint, newly painted cabinets, newer carpet, and updated bathroom flooring. The kitchen features newer stainless-steel appliances, and the home is move-in ready. Major systems like the roof and exterior paint are managed by the HOA, ensuring the structure remains in functional condition.
The property features significant recent improvements including fresh interior paint, newly painted cabinets, newer carpet, and updated bathroom flooring, complemented by newer stainless-steel appliances.
Situated on a desirable corner lot, the home offers a unique outdoor living experience with a patio surrounded by mature, fruit-bearing cherry, apple, peach, and lemon trees.
The HOA covers major long-term maintenance items including the roof and exterior paint, significantly reducing the owner's individual responsibility for structural upkeep.
With 184 days on market and four consecutive price reductions, the property has faced challenges in securing a buyer, which may impact its perceived market value.
The $405 monthly HOA fee is a substantial recurring expense that increases the overall cost of ownership compared to similar single-family homes without such high dues.
Located on the East side of Petaluma, this well-maintained corner-lot home offers a great location and great updates. Tile flooring spans the main living areas, and the lower-level kitchen features newer stainless-steel appliances, a trash compactor, tile countertops, a pantry, and abundant natural light. Recent improvements include fresh interior paint, newly painted cabinets, newer carpet, and updated bathroom flooring. The primary bedroom includes a spacious walk-in closet and an en-suite bathroom with a double-sink vanity. A newer washer and dryer are included. The home also offers a two-car garage with a refrigerator that stays with the new owner. Enjoy outdoor living on the backyard patio surrounded by scrumptious cherry, apple, peach, and lemon trees. Monthly HOA dues are $405 covering the roof, exterior Paint, and insurance on the structure. Come check out this wonderful Petaluma home!!
No exterior & parking available.
Grades 7-8 • 0.7 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,072 | - |
| Lot Size | 4,046 | - |
| Price | $769.0K | $978.8K |
| Price per sq ft | $371 | $525 |
| Built year | 1994 | 0 |
| HOA | $405 | $0 |
| Days on market | 204 | 38 |
Jul 21, 2026
$769,000
$789,000
-3% Price Drop
Initial Listing
Jun 6, 2026
$789,000
$805,000
-2% Price Drop
Initial Listing
Apr 18, 2026
$805,000
$815,000
-1% Price Drop
Initial Listing
Mar 31, 2026
$815,000
$825,000
-1% Price Drop
Initial Listing
Dec 30, 2025
$825,000
Initial Listing
Sep 24, 2013
$460,000
Public Record
Jun 9, 2000
$337,000
Public Record
Nov 25, 1997
$228,000
Public Record
Mar 1, 1994
$213,000
Public Record