The Petalumahomes.com Realty WebLog

Homes of the Week! 2 Deals, 1 side of town - Petaluma West!

Grant School district for under $380,000? Westridge Knolls for under $700,000? You bet!

2 Baker Court:
Grant School district, walk to town, lite on the budget!

Vitals:
Address: 2 Baker Court
Price: $377,000
Beds: 3
Baths: 1
SqFt: 1120
Year Built: 1922

Ups: Grant school district, walk to town, great neighborhood
Downs: Cosmetic fixer, un-inspiring curb appeal, rental-esque floorplan, small lot size

Verdict: perfect as a first-home fixer or turn-key rental. This home was previously rented for roughly $1,600 a month - with a little bit of TLC you may even secure a higher lease. As a first-home it’s a great buy for it’s school district (great for both your kids and resale value) and the short stroll to downtown. Trust me, I live in the neighborhood and you can find yourself at Peet’s Coffee on Petaluma Blvd with in 12 minutes at a leisurely pace - it’s about 0.8 miles…three laps and you’ve got a 10K! Besides, given that the last sale on the block was for $479,000 click here , at even asking price you’ve got a good deal!

310 Hash Court - A Bank’s loss is your gain!

Vitals:
Address: 310 Hash Court
Price: $689,900 with $10,000 Buyer Credit
Beds: 3
Baths: 3 Full
SqFt: 2277
Lot: 9496 SqFt
Year Built: 1995

Ups: Grant / McNear School district, 3-car garage, great neighborhood, Bank Sale (under market price)
Downs: Bank Sale (cosmetic fixer), “Americana” floorplan - semi-formal living areas that waste space

Verdict: This is a great deal, period. With a few thousand dollars in paint, carpet, and formula 409, you’ve got instant equity. How much? Here are the last few West Petaluma, mid 1990’s, cul-de-sac sales:

View Listings

That’s right - homes like this are selling for $799K, $819K, or even $839K! This home is yet another testimony to the value of paint choices - how good choices can make a home, and how bad choices can break one. Call me optimistic but I’d be surprised if this place stays on the market for too much longer. Drop me a line and I’ll be happy to get you in.

Hope you enjoyed the weekly homes,

-Armand

Listing information provided by Jim Shaffner & James Madison of Coldwell Banker.