224 Vallejo ST, Petaluma, CA 94952, Petaluma, 94952 - 1 bed, 1 bath
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Petaluma, CA 94952
This Historic 1908 Value-Add Cottage is listed at $650,000, representing a strategic acquisition near its $622,515 Fair Market Value. Currently holding a Condition Rating of 4, the property requires a full kitchen build-out but benefits from significant infrastructure updates, including a 2022 roof, 2024 water heater, and refinished hardwoods. The expansive 6,270 sqft lot provides a high-utility canvas for an ADU or workshop, while the 825 sqft interior is optimized for a second bedroom conversion. This is a prime project for Fix-and-Flip Investors or Contractors targeting the Petaluma market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 224 Vallejo ST Subject | $650,000* List Price | 1 | 1 | 825 | $755 | - |
A 55 Burlington Drive Sold | $665,000 | 3 | 2 | 1,144 | $581 | 0.6 mi |
B 712 E Washington Street Active | $599,000 List Price | 2 | 1 | 865 | $692 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is a well-maintained 1908 cottage with significant recent infrastructure updates including a new roof (2022), new water heater (2024), and refinished original hardwood floors. However, it currently lacks a functional kitchen, described as an open layout 'primed for a full buildout,' and the bathroom features basic, dated fixtures. While the major systems and structural repairs are addressed, the home requires a full kitchen installation and cosmetic modernization to meet current market standards for a move-in ready residence.
Built in 1908, this cottage retains its original character with 9-foot ceilings, refinished hardwood floors, and early 20th-century architectural details that provide a unique and sought-after aesthetic.
The generous 6,270 sqft flat lot offers significant versatility for an ADU, workshop, or garden, while the interior layout is primed for a second bedroom conversion.
The property features essential recent maintenance including a new roof (2022), a new water heater (2024), and completed subfloor repairs and fumigation (2024), reducing immediate move-in concerns.
With only one bedroom and 825 square feet of living space, the property's current configuration may be too restrictive for families or buyers requiring more immediate square footage.
The home requires a full kitchen build-out and the garage has been converted into a carport/shed, necessitating additional capital investment to achieve standard modern functionality.
Sitting in the heart of Petaluma, this historic cottage boasts a bright and flowing layout. The original glass windows and 9ft ceilings bring radiant light into every room. Recently refinished original hardwood flooring throughout with early 20th Century doors, baseboards, and doorframes highlight the quality of the original craftsmanship. No dated kitchen to redo! The open layout is primed for a full buildout with option to convert dining or living room into second bedroom! Sitting on just over 6,000 sqft of flat, open land with shady mature and fruiting trees, ready for an ADU, garden, workshop, or all three! Ample storage option in high-pitched attic and in garage. Garage was converted into a carport/shed style by previous owner. New roof 2022. Tented fumigation and subfloor repairs 2024. New water heater 2024. Enjoy all the amenities of tranquil, small town living in this quiet, friendly neighborhood just a stone's throw from the Riverfront District and a hop to the 101!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 1% |
| Baths | 1.0 | 3.0 | 13% |
| Square foot | 825 | 1,845 | 1% |
| Lot Size | 6,270 | 6,856.34 | 42% |
| Price | $650.0K | $1.05M | 14% |
| Price per sq ft | $788 | $566 | 83% |
| Built year | 1908 | 1964 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 183 | 1% |
Mar 26, 2026
$650,000
Initial Listing
Aug 26, 2022
$625,000
Public Record