$385,000
SOLD JUL 30, 2024
5 Beds
4 Baths
1,660 Sq Ft
7,501 Sq Ft Lot

Recently Sold

$232 Per Sq Ft

4% Below List Price

49 Days on Market

About This Home

As of July 2024

Welcome to 1272 N Airport Way, a centrally located triplex in the heart of Stockton, CA. This property offers an excellent investment opportunity with three fully rented units, ensuring immediate income. The main unit features 3 bedrooms and 2 bathrooms, while the two additional units each have 1 bedroom and 1 bathroom. Situated in a prime location with easy access to shopping, dining, and major transportation routes, this versatile property appeals to a wide range of tenants. Whether you're an experienced investor or just starting out, this triplex is a fantastic chance to secure a reliable income stream. New roof on both buildings.

Last Agent to Sell the Property

Lindsey Hawel

J.Peter Realtors License #01733951 Listed on: 05/14/2024

Last Buyer's Agent

Ricardo Archila

Omarshall, Inc License #01480350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,387

Year Built

  • Built in 1915

Home Design

  • Triplex
  • Raised Foundation

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property

Additional Features

  • 7,501 Sq Ft Lot
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 151-023-02

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,387

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Triplex
  • Year Built: 1915
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Varies by Unit
  • Price Per Square Foot: 231.93
  • Square Footage: 1660.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 399900.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: See Remarks, Other

Utilities

  • Security: None
  • Sewer: In & Connected
  • Utilities: City, Electric, Other
  • Cooling: Varies by Unit
  • Heating: Varies by Unit
  • Laundry Features: Varies by Unit
  • Water Source: Water District

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: Residential
  • Irrigation: None
  • Lot Size Acres: 0.1722
  • Lot Size Sq Ft: 7501.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Month to Month Units: 3
  • Number of Units: 3

Tax Info

  • Assessor Parcel Number: 151-023-02
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jul 18, 2024
Sold by
Do Teffanie
Bought by
Gaitan Jose Alfredo and Zamora Leticia Lopez
Seller's Agent
Lindsey Hawel
J.Peter Realtors
Buyer's Agent
Ricardo Archila
Omarshall, Inc
List Price
$399,900
Sold Price
$385,000
Premium/Discount to List
-$14,900
-3.73%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Jul 20, 2022
Sold by
Do Teffanie
Bought by
Do Teffanie and Nguyen Christopher Tu

Purchase Details

Listed on
Apr 18, 2012
Closed on
May 24, 2013
Sold by
Somera Gilbert D and Somera Sara
Bought by
Do Teffanie
Seller's Agent
Sheri Midgley
Sheri Midgley Realty
Buyer's Agent
Non-MLS Member
Non-MLS Office
List Price
$130,000
Sold Price
$85,000
Premium/Discount to List
-$45,000
-34.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%

Purchase Details

Closed on
Feb 12, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Somera Gilbert D and Somera Sara

Purchase Details

Closed on
Mar 31, 2009
Sold by
Flores Juan and Flores Aida
Bought by
Indymac Federal Bank Fsb

Purchase Details

Closed on
Nov 15, 2002
Sold by
Somera Irene
Bought by
Flores Juan and Flores Aida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,500
Interest Rate
8.5%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $385,000 Wfg National Title Insurance C
Deed $83,636 None Listed On Document
Grant Deed $85,000 Chicago Title Company
Grant Deed $33,000 Chicago Title Company
Trustee Deed $59,379 Accommodation
Grant Deed -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $317,500 Unknown
Previous Owner $297,500 Fannie Mae Freddie Mac
Previous Owner $184,000 Unknown
Previous Owner $144,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 For Sale $420,000 +9.1% $253 / Sq Ft
07/30/2024 07/30/24 Sold $385,000 -3.7% $232 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $399,900 +370.5% $241 / Sq Ft
05/29/2013 05/29/13 Sold $85,000 -34.6% $39 / Sq Ft
05/03/2013 05/03/13 Pending -- -- --
04/18/2012 04/18/12 For Sale $130,000 -- $59 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

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 $1,387 $102,611 $30,178 $72,433
2023 $1,356 $100,600 $29,587 $71,013
2022 $1,278 $98,628 $29,007 $69,621
2021 $1,229 $96,695 $28,439 $68,256
2020 $1,251 $95,705 $28,148 $67,557
2019 $1,246 $93,830 $27,597 $66,233
2018 $1,223 $91,991 $27,056 $64,935
2017 $1,161 $90,188 $26,526 $63,662
2016 $1,180 $88,420 $26,006 $62,414
2014 $1,119 $85,386 $25,114 $60,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224051389

MetroList

APN: 151-023-02