
Petaluma, CA 94954
This Move-in Ready Single Family Residence is a Strong Value Opportunity, listed at $640,000—positioned well below the $668,999 Fair Market Value by 4%. This valuation gap offers $28,999 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes significant infrastructure upgrades like a newer roof and electrical work. With a large 5,700 sqft lot and a private patio, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a well-maintained, commuter-friendly home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 308 S Mcdowell Boulevard Subject | $640,000* List Price | 3 | 1 | 966 | $693 | - |
A 149 Jeffrey Drive Sold | $659,000 | 3 | 1 | 958 | $688 | 0.3 mi |
B 1295 Marian Way Sold | $725,000 | 3 | 1 | 960 | $755 | 0.5 mi |
C 1417 E Madison Street Sold | $707,000 | 3 | 2 | 1,056 | $670 | 0.3 mi |
D 11 Montclair Court Sold | $715,000 | 3 | 2 | 1,025 | $698 | 0.2 mi |
E 5 Eastside Circle Sold | $830,000 | 3 | 2 | 1,127 | $736 | 0.4 mi |
F 405 Ely Boulevard S Sold | $700,000 | 3 | 2 | 1,196 | $585 | 0.7 mi |
G 1517 Weaverly Drive Sold | $820,000 | 3 | 2 | 1,272 | $645 | 0.5 mi |
H 5 Boreal Place Sold | $670,000 | 2 | 2 | 920 | $728 | 1.0 mi |
I 1321 Mcneil Avenue Active | $618,000 List Price | 3 | 1 | 1,030 | $600 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1952, the property has undergone significant recent renovations including a newer roof, furnace, and permitted electrical work. The interior features updated kitchen counters, a refreshed bathroom, and newer flooring, making it a well-maintained, move-in ready home that fits the 5-15 year renovation criteria.
The property features significant recent improvements including a newer roof, gutters, furnace, gas line, and permitted electrical work, significantly reducing immediate capital expenditure for the buyer.
The 5,700 square foot lot offers substantial outdoor space for gardening, entertaining, or potential expansion, providing a private urban oasis that is rare for this price point.
Ideally situated near the McDowell corridor with easy freeway access, the home offers excellent proximity to local shopping, dining, and schools, while remaining convenient for North Bay and city commuters.
With three bedrooms but only one full bathroom, the layout may pose functional challenges for families and could impact future resale value compared to homes with a second bath.
At 966 square feet, the interior living space is relatively small for a three-bedroom residence, which may result in smaller individual room sizes and limited common area flexibility.
Three-bedroom, one-bathroom home on a large lot with extensive updates and convenient access to everyday amenities. The spacious layout offers three bedrooms, one full bathroom, and a usable garage, with driveway and street parking providing additional flexibility. The home has been updated throughout, including newer kitchen counters, an updated hallway bathroom, newer carpeting, a newer furnace, gas line, roof, and gutters. Infrastructure improvements include newer insulation and vents, permitted electrical work, and sub-panels. The large lot offers more than just outdoor space; it provides privacy and room to create your own urban oasis, with potential for fruit trees, gardens, entertaining areas, or simply space to enjoy. The usable garage adds valuable storage, workspace, or parking options. Conveniently located near shopping, dining, schools, and parks, with everyday amenities along the McDowell corridor just minutes away. Easy freeway access makes commuting toward the city or heading north convenient, while the coast and Wine Country are also within easy reach. A well-located home with meaningful updates, practical parking, and a larger lot offering flexibility for the way you live.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 1.0 | 2.7 |
| Square foot | 966 | 1,819.93 |
| Lot Size | 5,700 | 6,258.866 |
| Price | $640.0K | $911.4K |
| Price per sq ft | $663 | $555 |
| Built year | 1952 | 1974 |
| HOA | $0 | $127 |
| Days on market | 6 | 36 |
Sep 3, 2026
$640,000
Initial Listing
Apr 18, 2018
$455,000
Public Record