NOT LISTED FOR SALE

645 N Airport Way Stockton, CA 95205

Downtown Stockton Neighborhood

Estimated Value: $404,000 - $450,000

4 Beds
3 Baths
2,336 Sq Ft
$185/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $405,000 $173 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,737/month

158 Days on Market

Highlights

  • Colonial Architecture
  • Furnished
  • Video Cameras
  • Corner Lot
  • No HOA
  • Tile Flooring

About This Home

As of March 2022

GREAT investment opportunity to generate income. Fully occupied 2-story triplex features a 2+ bd/1 ba unit with about 1,000 sq ft of living space. There are 2 1 bd/1 ba units, each with about 600+ sq ft of living space. Units are being rented out for $850/month, $1000/month, and $1200/month, with easy room to increase in improvements are made. Main expenses are really $50/month for grass and $50/month for water. Yearly gross rent is currently $36,600. Easy Close to shopping, downtown area and easy freeway access.

Last Agent to Sell the Property

Scott Sherman

eXp Realty of California Inc. License #01892220 Listed on: 07/12/2021

eXp Realty of California Inc.

Last Buyer's Agent

Velma Kaye

Compass License #02104297

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,327

Year Built

  • Built in 1890

Lot Details

  • 5,001 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Colonial Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Furnished

Flooring

  • Carpet
  • Linoleum
  • Tile
  • Vinyl

Home Security

  • Security Lights
  • Video Cameras
  • Fire and Smoke Detector

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 151-091-05

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month
  • Maintenance Expense $50

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,327

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Sec Building
  • Property Subtype 1: Triplex
  • Stories: 2
  • Year Built: 1890
  • Architectural Style: Colonial
  • Levels: 0
  • Stories: 2
  • Number of One Bedroom Units: 2
  • Number of Two Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Other Equipment: None
  • Flooring: Carpet, Tile, Vinyl, Linoleum
  • Price Per Square Foot: 172.63

Exterior Features

  • Construction Materials: Frame, Wood
  • Foundation: Other
  • Listing Price: 380000.00
  • Lot Features: Corner
  • Property Condition: Varies by Unit
  • Roof: Composition
  • Topography: Level

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Security: Smoke Detector, Video System, Security Lights
  • Sewer: Public Sewer
  • Utilities: Other
  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Other
  • Water Source: Public
  • Utilities Expenses: 50

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: Triplex
  • Irrigation: Public District
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5001.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Term: Month To Month

Multi Family

  • Gross Income: 36600
  • Income Includes: Rent Only
  • Maintenance Expense: 50
  • Number of Leased Units: 3
  • Number of Month to Month Units: 3
  • Number of Units: 3
  • Units Furnished: All Units

Tax Info

  • Assessor Parcel Number: 151-091-05
  • Bonds/Assessments/Taxes Description: Transfer Tax County,Transfer Tax City
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Mar 28, 2022
Sold by
Uriel Perez Jr Jorge
Bought by
Kaye Joseph
Seller's Agent
Scott Sherman
eXp Realty of California Inc.
Buyer's Agent
Velma Kaye
Compass
Sold Price
$405,000
Current Estimated Value
$432,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,175
Avg. Annual Appreciation
1.85%
Original Mortgage
$392,042
Outstanding Balance
$368,905
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$63,270

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jul 11, 2019
Sold by
Schroeder Jerald Lee
Bought by
Rerez Jorge Uriel
Seller's Agent
Natalya Ivanyuk
Keller Williams Realty
Buyer's Agent
Brian Escobar
Rolestone Realty
List Price
$295,500
Sold Price
$280,000
Premium/Discount to List
-$15,500
-5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%
Original Mortgage
$280,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Jan 18, 2019
Sold by
Schroeder Jerald Lee and Schroeder Jarald L
Bought by
Schroeder Jerald Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1994
Sold by
Schroeder Mary
Bought by
Schroeder Jerald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kaye Joseph $405,000 Chicago Title
Rerez Jorge Uriel $280,000 Chicago Title Co Stockton
Schroeder Jerald Lee -- Old Republic Title Company
Schroeder Jerald L -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaye Joseph $392,042
Previous Owner Rerez Jorge Uriel $280,000
Previous Owner Schroeder Jerald Lee $150,000
Previous Owner Schroeder Jerald L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $405,000 -10.0% $173 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/06/2021 12/06/21 For Sale -- -- --
11/07/2021 11/07/21 Pending -- -- --
11/01/2021 11/01/21 For Sale -- -- --
10/07/2021 10/07/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $450,000 +60.7% $193 / Sq Ft
08/14/2019 08/14/19 Sold $280,000 +0.4% $112 / Sq Ft View Prior Sale
06/17/2019 06/17/19 Pending -- -- --
06/06/2019 06/06/19 Price Changed $279,000 -5.6% $112 / Sq Ft
06/03/2019 06/03/19 For Sale $295,500 0.0% $118 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $295,500 -- $118 / 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
2025 $5,327 $429,788 $106,120 $323,668
2024 $6,558 $421,362 $104,040 $317,322
2023 $5,126 $413,100 $102,000 $311,100
2022 $3,616 $288,557 $77,292 $211,265
2021 $3,475 $282,900 $75,777 $207,123
2020 $3,543 $280,000 $75,000 $205,000
2019 $1,395 $105,841 $35,280 $70,561
2018 $1,369 $103,767 $34,589 $69,178
2017 $1,299 $101,733 $33,911 $67,822
2016 $1,321 $99,738 $33,246 $66,492
2014 $1,011 $70,000 $17,000 $53,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Scott Sherman

    eXp Realty of California Inc.

    Section Image
  • Velma Kaye

    Buyer's Agent in 2022

    Velma Kaye

    Compass

    (510) 509-0552

    2 in this area

    37 Total Sales

    Velma Kaye
    Section Image

  • N

    Seller's Agent in 2019

    Natalya Ivanyuk

    Keller Williams Realty

    Section Image

  • B

    Buyer's Agent in 2019

    Brian Escobar

    Rolestone Realty

    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221083548

MetroList

APN: 151-091-05

California San Joaquin County Stockton 95205 Downtown Stockton

645 N Airport Way, Stockton, CA

This home is located at 645 N Airport Way, Stockton, CA 95205 since 12 July 2021 and is currently estimated at $432,175, approximately $185 per square foot. This property was built in 1890. 645 N Airport Way is a home located in San Joaquin County with nearby schools including John C. Fremont Elementary School, Fillmore Elementary School, and King Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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