NOT LISTED FOR SALE

3042 Jemez Dr San Diego, CA 92117

Bay Ho Neighborhood

Estimated Value: $1,153,000 - $1,296,000

4 Beds
2 Baths
1,524 Sq Ft
$782/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $830,000 $545 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $7,573/month

26 Days on Market

Highlights

  • Property is Fully Fenced
  • Alcott Elementary School Rated A-
  • 1-Story Property

About This Home

As of October 2020

Rare Bay Ho duplex for sale. Complete renovation in 2016. Both units have private back yards, W/D hookups, stainless appliances, and finished garage space. Ideal way for owners to move into this highly-desired location and offset mortgage expense with 2nd unit's rent. Also suitable as a pure investment property in this central neighborhood. Walk or short drive to La Jolla, UTC, Pacific Beach, Mission Bay, parks/canyon hiking, future trolley station, schools, retail, restaurants 3042 Jemez lease expires February 28, 2021. 3044 Jemez lease is month-to-month. Owner is also selling 3278-80 Luna Ave, another nearby duplex. Buyers/Investors may offer on both properties together or one individually. For a combined offering memorandum of these two properties, please contact the listing agent.

Last Listed By

Timothy Coulter

Marcus & Millichap License #02107613 Listed on: 07/28/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,852

Year Built

  • Built in 1954

Lot Details

  • 5,968

Home Design

  • Composition Roof
  • Stucco Exterior

Additional Features

  • 1-Story Property
  • Property is Fully Fenced

Listing and Financial Details

  • Tenant pays for electricity, gas/propane
  • Assessor Parcel Number 359-120-18-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $33,366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,852

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro
  • Cross Street: Jemez Dr & Hidalgo Ave
  • Neighborhood: Bay Ho
  • Supplement: 3042 Jemez lease expires February 28, 2021. 3044 Jemez lease is month-to-month. Owner is also selling 3278-80 Luna Ave, another nearby duplex. Buyers/Investors may offer on both properties together or one individually. For a combined offering memorandum of these two properties, please contact the listing agent.
  • Stories: 1 Story
  • Sale Price List Price: 0.96
  • Total Stories: 1
  • Year Built: 1954
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: CLAIREMONT

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Water District: CITY OF SAN DIEGO
  • Assessor Parcel Number: 359-120-18-00
  • Water District URL: http://www.ci.san-diego.ca.us/water

Rental Info

  • Tenant Pays: Electricity, Gas/Propane

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 33366
  • Annual Expense Actual: 13734
  • Gross Rent Multiplier Actual: 18.37
  • Gross Rent Multiplier Projected: 17.16
  • Gross Sched Income Actual: 47100
  • Gross Sched Income Projected: 50400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 2
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2024
Sold by
Apparito Family Trust and Apparito Joseph G
Bought by
Robinson Bryne and Maleki Baharak
Total Days on Market
26
Current Estimated Value
$1,191,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,021,500
Outstanding Balance
$1,014,739
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$176,767

Purchase Details

Closed on
Jan 31, 2022
Sold by
Apparito Joseph G and Apparito Lina
Bought by
Apparito Family Trust

Purchase Details

Listed on
Jul 28, 2020
Closed on
Oct 1, 2020
Sold by
Clarence Craig A and Clarence Catherine Lynn
Bought by
Apparito Joseph G and Falcone Apparito Lina
Seller's Agent
Timothy Coulter
Marcus & Millichap
Buyer's Agent
Joseph Falcone
Harcourts Prime Properties
List Price
$865,000
Sold Price
$830,000
Premium/Discount to List
-$35,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.16%
Original Mortgage
$622,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 29, 2013
Closed on
Feb 28, 2014
Sold by
Clarence Craig A
Bought by
Clarence Craig A and Clarence Catherine Lynn
Seller's Agent
Karen Dodge
Pacific Paradise Realty
Buyer's Agent
Sandra Hatherley
Century 21 Masters
List Price
$505,000
Sold Price
$505,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%

Purchase Details

Listed on
Dec 29, 2013
Closed on
Feb 18, 2014
Sold by
Dejong Jan De
Bought by
Clarence Catherine Lynn
Seller's Agent
Karen Dodge
Pacific Paradise Realty
Buyer's Agent
Sandra Hatherley
Century 21 Masters
List Price
$505,000
Sold Price
$505,000

Purchase Details

Listed on
Dec 29, 2013
Closed on
Jan 16, 2014
Sold by
Tenir Llc
Bought by
Clarence Craig A
Seller's Agent
Karen Dodge
Pacific Paradise Realty
Buyer's Agent
Sandra Hatherley
Century 21 Masters
List Price
$505,000
Sold Price
$505,000

Purchase Details

Listed on
Dec 29, 2013
Closed on
Jan 10, 2014
Sold by
Toney Kimberly Sue
Bought by
George William A
Seller's Agent
Karen Dodge
Pacific Paradise Realty
Buyer's Agent
Sandra Hatherley
Century 21 Masters
List Price
$505,000
Sold Price
$505,000

Purchase Details

Listed on
Dec 29, 2013
Closed on
Jan 9, 2014
Sold by
George William A
Bought by
Tenir Llc
Seller's Agent
Karen Dodge
Pacific Paradise Realty
Buyer's Agent
Sandra Hatherley
Century 21 Masters
List Price
$505,000
Sold Price
$505,000

Purchase Details

Closed on
Jul 7, 2000
Sold by
Jmk Properties Llc
Bought by
George William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.2%

Purchase Details

Closed on
Apr 4, 2000
Sold by
Furth Paul S and Furth Heise R
Bought by
Jmk Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
8.24%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 17, 2000
Sold by
Furth Paul S
Bought by
Heise Sherilin Ruth

Purchase Details

Closed on
Jul 17, 1996
Sold by
Heise Sherilin R
Bought by
Heise Sherilin R and Furth Paul S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,500
Interest Rate
8.3%

Purchase Details

Closed on
Jan 1, 1996
Sold by
Heise Clarence Elmer
Bought by
Heise Sherilin Ruth

Purchase Details

Closed on
Jun 14, 1993
Sold by
Heise Miriam Elva
Bought by
Heise Clarence Elmer

Range of Values:

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Average Value
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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
Robinson Bryne $1,135,000 Lawyers Title Company
Apparito Family Trust -- None Listed On Document
Apparito Joseph G $830,000 Chicago Title Company
Clarence Craig A -- None Available
Clarence Catherine Lynn -- None Available
Clarence Craig A $505,000 First American Title Company
George William A -- First American Title Company
Tenir Llc -- First American Title Company
George William A $270,000 Lawyers Title
Jmk Properties Llc $199,600 Lawyers Title
Heise Sherilin Ruth -- --
Heise Sherilin R -- South Coast Title Company
Heise Sherilin Ruth -- --
Heise Clarence Elmer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Bryne $1,021,500
Previous Owner Apparito Joseph G $622,500
Previous Owner Clarence Craig A $356,000
Previous Owner Clarence Craig A $353,500
Previous Owner George William A $200,000
Previous Owner George William A $221,000
Previous Owner George William A $216,000
Previous Owner Jmk Properties Llc $145,600
Previous Owner Heise Sherilin R $120,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $830,000 -4.0% $545 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $865,000 +71.3% $568 / Sq Ft
01/27/2014 01/27/14 Sold $505,000 0.0% $331 / Sq Ft
01/10/2014 01/10/14 Pending -- -- --
12/29/2013 12/29/13 For Sale $505,000 -- $331 / Sq Ft
Source: San Diego MLS

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 $10,852 $880,801 $636,724 $244,077
2023 $10,613 $863,532 $624,240 $239,292
2022 $10,331 $846,600 $612,000 $234,600
2021 $10,261 $830,000 $600,000 $230,000
2020 $6,995 $566,046 $356,401 $209,645
2019 $6,870 $554,948 $349,413 $205,535
2018 $6,424 $544,067 $342,562 $201,505
2017 $6,271 $533,400 $335,846 $197,554
2016 $6,171 $522,942 $329,261 $193,681
2015 $6,080 $515,088 $324,316 $190,772
2014 $3,944 $331,878 $208,961 $122,917
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    Timothy Coulter

    Marcus & Millichap

  • Joseph Falcone

    Buyer's Agent in 2020

    Joseph Falcone

    Harcourts Prime Properties

    (619) 518-4104

    1 in this area

    19 Total Sales

    Joseph Falcone
    Section Image
  • Karen Dodge

    Seller's Agent in 2014

    Karen Dodge

    Pacific Paradise Realty

    (619) 379-1194

    2 in this area

    12 Total Sales

    Karen Dodge
    Section Image
  • Sandra Hatherley

    Buyer's Agent in 2014

    Sandra Hatherley

    Century 21 Masters

    (619) 887-6091

    7 Total Sales

    Sandra Hatherley
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Map

Source: San Diego MLS

MLS Number: 200035624

San Diego MLS

APN: 359-120-18

California San Diego County San Diego 92117 Bay Ho

3042 Jemez Dr, San Diego, CA

Homes for Sale in San Diego, CA

This home is located at 3042 Jemez Dr, San Diego, CA 92117 since 28 July 2020 and is currently estimated at $1,191,506, approximately $781 per square foot. This property was built in 1954. 3042 Jemez Dr is a home located in San Diego County with nearby schools including Alcott Elementary School, Marston Middle School, and Clairemont High School.

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