315 Lakeville St Petaluma, CA 94952
Estimated payment $4,522/month
About This Lot
Shovel-Ready Investment Opportunity in Petaluma! Unlock a premier investment in Petaluma's thriving real estate market! This prime commercial parcel, located directly across from the Smart Train on Lakeville Street, comes with an active building permitstart construction immediately. Approved plans include a modern two-story residential building with four attached units (approx. 1,700-1,827 sq ft each) and nine off-street parking spaces. Designed for today's renter, this project offers excellent income potential. Enjoy unbeatable proximity to the Theater District, Whole Foods, Starbucks, Arts Center, and Steamer Landing Park, with dual access from Lakeville and Erwin Streets for enhanced connectivity. Historic Downtown Petaluma adds charm and long-term value. Don't miss this rare shovel-ready opportunityreach out today and build tomorrow!
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,016
Lot Details
- 7,906 Sq Ft Lot
- Wood Fence
- Zoning described as Commercial,Multi-Residential,Other
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Assessor Parcel Number 007-154-013-000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,016 | $352,725 | $352,725 | -- |
| 2023 | $3,882 | $345,809 | $345,809 | $0 |
| 2022 | $3,849 | $339,029 | $339,029 | $0 |
| 2021 | $3,779 | $332,382 | $332,382 | $0 |
| 2020 | $3,810 | $328,974 | $328,974 | $0 |
| 2019 | $3,764 | $322,524 | $322,524 | $0 |
| 2018 | $3,751 | $316,200 | $316,200 | $0 |
| 2017 | $3,674 | $500,433 | $500,433 | $0 |
| 2016 | $5,701 | $490,621 | $490,621 | $0 |
| 2015 | $5,622 | $483,252 | $483,252 | $0 |
| 2014 | $5,595 | $473,786 | $473,786 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/17/2025 04/17/25 | Price Changed | $750,000 | -11.8% | $95 / Sq Ft |
| 06/20/2024 06/20/24 | For Sale | $850,000 | +174.2% | $108 / Sq Ft |
| 11/15/2016 11/15/16 | Sold | $310,000 | 0.0% | $39 / Sq Ft |
| 11/09/2016 11/09/16 | Pending | -- | -- | -- |
| 09/25/2015 09/25/15 | For Sale | $310,000 | -- | $39 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | North Coast Title | |
| Grant Deed | $310,000 | North Coast Title Co | |
| Individual Deed | $425,000 | North American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $225,000 | Purchase Money Mortgage |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 324048627
APN: 007-154-013
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Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.