412 Keokuk Street
Petaluma, CA · Single Family
Option resale
This option is being sold by its current holder, not by the property owner. Everything the owner agreed to stays exactly the same.
Agreed future price
$1,045,000
Fixed — cannot change
Time left on option
708 months
Originally 24 months
Expires
Feb 18, 2028
Set in the original agreement
Holder paid
$52,000
Bought Feb 18, 2026
- The future purchase price is fixed by the original agreement and cannot change.
- The option expiry date is fixed too, so the buyer gets whatever time is left — a shorter option than the original.
- All property information, inspections and documents are the originals. No new appraisal or inspection is done for a resale.
- The winning bidder takes over the option and can exercise it before expiry on the same terms.
A shorter remaining term usually means the option is worth less than the holder paid. If the property value has moved up toward or past the agreed future price, bidding can push it higher. Seller of this option: northbay_capital. Property value at the time they bought it: $950,000; today: $1,012,000.
About this property
The purchase option on this restored Craftsman is being resold by the investor who won it at auction in February. The agreed future purchase price is unchanged; the buyer takes over the time that is left.
Verified property value
$1,012,000
Future purchase price
$1,045,000
Option duration
708 months
Verification progress
7 of 8 items complete. Verification provides information and does not guarantee future property value or condition.