NOT LISTED FOR SALE

1240 S Sutter St Stockton, CA 95206

Seaport Neighborhood
9 Beds
4 Baths
2,700 Sq Ft
7,405 Sq Ft Lot

Last Sold July 30, 2013

Last sale price $205,000 $76 Per Sq Ft

308 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Heating Available

About This Home

As of July 2013

Owner financing possible to qualified buyer. Terms negotiable @ 25% down, 8%, due in 2 to 5 years. Submit offers subject to inspection. Updating done in 2004. Each unit has separate gas and electric meter, one water meter for the building, double pane windows, wall heating/window air. Units 5 & 6 are studios and rent at $400 per month. Two story building square footage is 4,587. Total Unit composition: Two studios, one 2 bedrooms, 2 three bedrooms, one 1 bedroom.

Last Agent to Sell the Property

Michael Oldham CCIM, GRI

Oldham Property Management License #00972001 Listed on: 08/08/2012

Co-Listed By

Dan Holly

HOMWRX License #01499359

Last Buyer's Agent

Basil Yaqub

Compass License #01739947

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,194

Year Built

  • Built in 1905

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions: 0.17

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Flat Roof Shape

Interior Spaces

  • 2-Story Property

Parking

  • 6 Open Parking Spaces
  • 1 Parking Space Included

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Tenant pays for electricity gas
  • Assessor Parcel Number 147-262-14

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 5 Leased Units
  • 1 Vacant Unit
  • 5 Units Leased Month-To-Month
  • Insurance Expense $3,000
  • Operating Expense $26,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,194

Year Built

Built in 1905

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1905
  • Architectural Style: Contemporary
  • Levels: MultiSplit
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • Special Features: 20
  • Property Sub Type: MultiFamily
  • Year Renovated: 2004

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range
  • Other Equipment: None
  • Flooring: Carpet,Laminate

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 205000.00
  • Roof: Flat

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Open,1 Space Per Unit

Utilities

  • Cooling: Window Unit(s)
  • Heating: Electric

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Residential
  • Lot Size Acres: 0.1700
  • Lot Dimensions: .17
  • Lot Size Sq Ft: 7405

Rental Info

  • Tenant Pays: Electricity,Gas
  • Total # Leasable: 6

Multi Family

  • Operating Expense: 26100
  • Income Includes: See Remarks
  • Insurance Expense: 3000
  • Number of Leased Units: 5
  • Number of Month to Month Units: 5
  • Number of Units: 6
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 147-262-14
  • Current RE Taxes: 2194

MLS Schools

  • School District (County): San Joaquin
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2013 07/30/13 Sold $205,000 -4.7% $76 / Sq Ft
06/11/2013 06/11/13 Pending -- -- --
08/07/2012 08/07/12 For Sale $215,000 -- $80 / Sq Ft
Source: MetroList

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
2025 $3,222 $251,291 $67,417 $183,874
2024 $3,171 $246,365 $66,096 $180,269
2023 $3,100 $241,535 $64,800 $176,735
2022 $3,028 $236,800 $63,530 $173,270
2021 $2,911 $232,158 $62,285 $169,873
2020 $2,966 $229,779 $61,647 $168,132
2019 $2,954 $225,275 $60,439 $164,836
2018 $2,900 $220,858 $59,254 $161,604
2017 $2,750 $216,529 $58,093 $158,436
2016 $2,798 $212,284 $56,954 $155,330
2014 $2,648 $205,000 $55,000 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Michael Oldham CCIM, GRI

    Seller's Agent in 2013

    Michael Oldham CCIM, GRI

    Oldham Property Management

    (209) 610-2121

    1 in this area

    6 Total Sales

    Michael Oldham CCIM, GRI
    Section Image

  • D

    Seller Co-Listing Agent in 2013

    Dan Holly

    HOMWRX

    Section Image

  • B

    Buyer's Agent in 2013

    Basil Yaqub

    Compass

See All Agents

Map

Source: MetroList

MLS Number: 12049361

MetroList
California San Joaquin County Stockton 95206 Seaport

1240 S Sutter St, Stockton, CA

Not Listed for Sale

MultiFamily

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