NOT LISTED FOR SALE

555 Tognazzini Ave Guadalupe, CA 93434

Estimated Value: $640,000 - $765,000

2 Beds
1 Bath
1,255 Sq Ft
$540/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $440,000 $351 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,087/month

71 Days on Market

Highlights

  • 0.28 Acre Lot
  • Laundry Room
  • Mountainous Community
  • No HOA
  • Shed
  • Paved or Partially Paved Lot

About This Home

As of July 2021

Back on Market due to buyer inability to finance. Included a separate lot APN # 113-370-037. Great 1031 tax exchange property in Guadalupe's Opportunity Zone! Here's your beautiful 2 for one duplex that includes a separate nearly 12000 square foot lot behind the fully rented duplex. Better before the buyer defaulted the seller tuned up the dwelling with a brand new wall heater and service to the other side. This duplex was renovated in back in June of 2004 with new roof, new electrical and plumbing. Superb find. Duplex in Guadalupe minutes from the beach. Both units are 2 bedroom 1 bath. A laundry room is included. Section 8 tenants have been there for years and would like to stay. Offers to be written subject to view and / or inspections, Offer will be viewed in order received.

Last Agent to Sell the Property

Paul Masters

Home Masters Realty License #01194435 Listed on: 03/01/2021

Last Buyer's Agent

Rosemarie Dumadara Koerner

New America Realty License #01357107

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,104

Year Built

  • Built in 1961

Lot Details

  • 0.28 Acre Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Level Lot
  • Density is 6-10 Units/Acre

Home Design

  • 1,255 Sq Ft Home
  • Property Attached
  • Slab Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • Parking Available
  • On-Site Parking

Outdoor Features

  • Shed

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, grounds care, gas, trash collection, water
  • Assessor Parcel Number 115131001

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Guadalupe/Casmalia Subdivision
  • Mountainous Community

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $300
  • Water Sewer Expense $2,400
  • Operating Expense $4,200
  • Gross Income $22,060
  • Net Operating Income $17,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,104

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Guadalupe/Casmalia(850)
  • Water Sewer Expenses: 2400.00
  • Zoning: SFR,R1
  • Property Type: Residential Income
  • Parcel Number: 115131001
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 350.60

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Utilities: Cable Available, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, 11-15 Units/Acre, Level with Street, Paved
  • Lot Size Sq Ft: 12196.80
  • Lot Size Acres: 0.2800

Rental Info

  • Tenant Pays: Electricity, Grounds Care, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 22060.00
  • Gross Operating Income: 22060.00
  • Gross Scheduled Income: 22060.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 0.2800 Acres
  • Net Operating Income: 17860.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4200.00
  • Rent Control: No
  • Total Expenses: 4200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
May 28, 2021
Sold by
Peachey Michael C and Peachey Pamela
Bought by
Santos Luisa Gijon and Hernandez Jose A
Seller's Agent
Paul Masters
Home Masters Realty
Buyer's Agent
Rosemarie Dumadara Koerner
New America Realty
List Price
$434,900
Sold Price
$440,000
Premium/Discount to List
$5,100
1.17%
Current Estimated Value
$677,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,344
Avg. Annual Appreciation
10.84%
Original Mortgage
$340,000
Outstanding Balance
$308,497
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$368,847

Purchase Details

Closed on
Apr 12, 2012
Sold by
Antonucci Joseph G
Bought by
Peachey Michael C and Peachey Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 2006
Sold by
Antonucci Joseph G
Bought by
Antonucci Joseph G

Purchase Details

Closed on
Jun 23, 2004
Sold by
Riewald Hillebrand G and Riewald Mildred F
Bought by
Antonucci Joseph G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back
Source: Public Records

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
Santos Luisa Gijon $400,000 First American Title Company
Peachey Michael C $170,000 First American Title Company
Antonucci Joseph G -- None Available
Antonucci Joseph G $255,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santos Luisa Gijon $340,000
Previous Owner Peachey Michael C $120,000
Previous Owner Antonucci Joseph G $204,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $440,000 0.0% $351 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/30/2021 04/30/21 Price Changed $440,000 +1.2% $351 / Sq Ft
03/10/2021 03/10/21 For Sale $434,900 0.0% $347 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $434,900 -- $347 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,104 $432,970 $216,485 $216,485
2023 $5,104 $416,160 $208,080 $208,080
2022 $4,657 $408,000 $204,000 $204,000
2021 $1,859 $162,448 $69,620 $92,828
2020 $1,860 $160,784 $68,907 $91,877
2019 $1,830 $157,632 $67,556 $90,076
2018 $1,849 $154,542 $66,232 $88,310
2017 $1,823 $151,513 $64,934 $86,579
2016 $1,660 $148,543 $63,661 $84,882
2014 $1,636 $143,447 $61,477 $81,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PI21041949

California Regional Multiple Listing Service (CRMLS)

APN: 115-131-001