NOT LISTED FOR SALE
2 Beds
1 Bath
3,678 Sq Ft
8,198 Sq Ft Lot

Sale Details

Date Sold: September 3, 2024

Last sale price $545,000 $148 Per Sq Ft

36 Days on Market

Highlights

  • No HOA
  • High Speed Internet
  • Carpet
  • Ceiling Fan
  • Wood Siding

About This Home

As of September 2024

We are pleased to present The Sutter Apartments, a five (5) unit apartment complex located at 844 N. Sutter Street in Stockton, CA. The Sutter Apartments are a unique opportunity for an investor to acquire an asset located in the Downtown Stockton Submarket, with strong historical occupancy, solid cash flow, and a desirable location near Stockton's downtown entertainment district, The Miracle Mile. The Sutter Apartments feature four (4) one-bedroom/one-bathroom units, approximately 600 square feet in size, and one (1) massive two-bedroom/one-bathroom unit, which is 1,100 square feet in size with washer and dryer hookups. Building amenities include onsite parking, along with a concrete driveway. The Sutter Apartments offer a great opportunity for an investor to own units in the rapidly appreciating Stockton market. Do not disturb tenants.

Last Agent to Sell the Property

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 06/12/2024

Last Buyer's Agent

Andy Hodgson

Colliers Parrish Inten'l Inc. License #01796017 Listed on: 06/12/2024

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1869

Lot Details

  • 8,198 Sq Ft Lot

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 3,678 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • On-Street Parking
  • Open Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 139-173-01

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • 5 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1869

Lot Details

8,198 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1869
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 148.18
  • Square Footage: 3678.00

Exterior Features

  • Construction Materials: Wood, Wood Siding
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 545000.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Open, Street
  • Total Parking Spaces: 5.00

Utilities

  • Security: See Remarks
  • Sewer: Public Sewer, See Remarks
  • Utilities: Cable Available, Natural Gas Connected, Cable Connected, Electric, Internet Available
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Heating: Gas, See Remarks
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Meter on Site, See Remarks

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Office Commercial
  • Irrigation: See Remarks
  • Lot Size Acres: 0.1882
  • Lot Size Sq Ft: 8198.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["See Remarks"]
  • Number of Leased Units: 5
  • Number of Units: 5

Tax Info

  • Assessor Parcel Number: 139-173-01
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 29, 2024
Sold by
7Chocolate Llc
Bought by
Seller's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
Buyer's Agent
Andy Hodgson
Colliers Parrish Inten'l Inc.
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Views
26

Purchase Details

Closed on
Apr 13, 2021
Sold by
Oceano Llc
Bought by
7 Chocolate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,110,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2018
Sold by
Ferro David and Ferro Andrea
Bought by
Oceano Llc

Purchase Details

Closed on
Jul 31, 2018
Sold by
Lee Donaid R
Bought by
Ferro David and Ferro Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2007
Sold by
Johnson Sabbatini J and Johnson Richard A
Bought by
Lee Donald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,500
Interest Rate
6.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 1, 2004
Sold by
Larraburu Bernadette Marie
Bought by
Johnson Sabbatini J and Johnson Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 31, 2003
Sold by
Larraburu Bernadette Marie
Bought by
Larraburu Bernadette Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 1995
Sold by
Larraburu Bernadette
Bought by
Black Mary H
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Stockton, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$545,000 Chicago Title
7 Chocolate Llc -- Servicelink Title Co Default
Oceano Llc -- North American Title Company
Ferro David $250,000 North American Title
Lee Donald R $357,500 Fidelity National Title Co
Johnson Sabbatini J -- Alliance Title Co
Larraburu Bernadette Marie -- Alliance Title Co
Black Mary H -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,110,000
Previous Owner Ferro David $187,500
Previous Owner Lee Donald R $198,600
Previous Owner Lee Donald R $245,600
Previous Owner Lee Donald R $257,500
Previous Owner Johnson Sabbatini J $70,000
Previous Owner Larraburu Bernadette Marie $77,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/03/2024 09/03/24 Sold $545,000 0.0% $148 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/15/2024 07/15/24 Price Changed $545,000 -5.2% $148 / Sq Ft
06/27/2024 06/27/24 For Sale $575,000 0.0% $156 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $575,000 -- $156 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,786 $545,000 $140,000 $405,000
2024 $3,497 $273,408 $72,179 $201,229
2023 $3,420 $268,048 $70,764 $197,284
2022 $3,338 $262,793 $69,377 $193,416
2021 $3,208 $257,641 $68,017 $189,624
2020 $3,269 $255,000 $67,320 $187,680
2019 $3,256 $250,000 $66,000 $184,000
2018 $3,765 $290,000 $65,000 $225,000
2017 $3,638 $290,000 $65,000 $225,000
2016 $3,776 $290,000 $65,000 $225,000
2014 $2,393 $185,000 $46,000 $139,000
Source: Public Records

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Map

Source: MetroList

MLS Number: 224064235

MetroList
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