SUMMARY

Estimated Market Value

$719,000

Based on Realkey algorithm analyzing recent comparable sales in Petaluma.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address	Sold Price	Beds	Baths	Sq Ft	$/Sqft	Distance
★ 316 Vallejo Street Subject	$719,000* List Price	3	2	1,248	$576	-
A 801 Franklin Way Sold	$675,000	3	1	1,519	$444	0.5 mi
B 55 Burlington Drive Sold	$665,000	3	2	1,144	$581	0.6 mi
C 7 Pidgeon Court Sold	$725,000	3	2	1,144	$634	0.7 mi
D 886 Olive Street Sold	$770,000	3	2	1,150	$670	1.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair

TeardownExcellent

Property is moderate renovation needed.

Built in 1890, this Victorian home is well-maintained and functional but shows significant signs of age. The interior features, including the kitchen and bathrooms, appear dated and do not reflect modern renovation standards. While the property is move-in ready, it requires minor updates and specialized maintenance of its historic systems to meet contemporary expectations, placing it firmly in the fair category.

PROSSTRENGTHS & OPPORTUNITIES

High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8882, living area = 1248.
Development Potential
The property is part of a tentative map to split the lot into two separate 4,000 sq. ft. parcels, offering significant value-add opportunities for investors or developers.
Income Opportunity
A full basement with existing plans to convert it into a second unit provides a clear path for generating rental income or creating a multi-generational living space.

CONSRISKS & DEFICIENCIES

Historic Maintenance Requirements
Built in 1890, this Victorian home likely requires ongoing specialized maintenance and potential upgrades to aging systems to meet modern standards.
Compact Living Space
At 1,248 square feet for a three-bedroom configuration, the interior layout may feel restrictive for buyers accustomed to more expansive modern floor plans.

About 316 Vallejo Street

Welcome to 316 Vallejo Street in the heart of Petaluma, CAa charming Victorian-style single-family home that exudes both history and potential. This residence offers 1,248 square feet of thoughtfully designed living space, featuring 3 bedrooms and 2 bathrooms. With a total of 6 rooms, this home provides a versatile layout that can accommodate a range of lifestyle needs. The home is not only practical but also boasts a full basement, providing ample storage space and the potential for further customization to suit your personal style or functional requirements.Plans avail to turn the basement into a 2nd Unit. Situated in the vibrant Midtown neighborhood, the location of this property is ideal for those who appreciate the convenience of nearby amenities and community offerings. Whether you're looking to enjoy local dining, shopping, or the ease of accessing transportation hubs, this location offers it all.This property is part of a tentative map to split into 2 parcels of approx 4000 sq ft. Also the vacant area to the left of the home is part of the tentative map also listed under Land under a separate AP #. Buy One/Some/or All! Seller may consider carrying a 2nd. Terms negotiable. This price is for the house and the lot it's on ONLY.

Property Details

Public Facts

Property Type: Single Family Residence
Year Built: 1890
Lot Size: 8,882 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	Neighborhood Ranking (50 Listings)
Beds	3.0	3.0	50%
Baths	2.0	3.0	49%
Square foot	1,248	1,857	22%
Lot Size	8,882	7,350.5	55%
Price	$719.0K	$1.14M	7%
Price per sq ft	$576	$601	44%
Built year	1890	1960	7%
HOA	$0	$0	50%
Days on market	101	166	14%

Pricing History

Listed for Sale

Nov 26, 2025