NOT LISTED FOR SALE

1543 E Palm Ave El Segundo, CA 90245

Estimated Value: $2,271,000 - $2,432,000

3 Beds
2.5 Baths
2,123 Sq Ft
$1,113/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $1,900,000 $895 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,113/month

9 Days on Market

Highlights

  • Primary Bedroom Suite
  • Traditional Architecture
  • Private Yard
  • Center Street Elementary Rated A+
  • Granite Countertops
  • 2-minute walk to Washington Park

About This Home

As of September 2020

Stunning, single level coastal contemporary home with a thoughtful, open concept floor plan including 2,127’ sq ft living of space, natural oak floors and crisp white walls — barely three years since a complete, down-to-the-studs renovation. Top to bottom, this amazing home showcases clean lines, soft modern touches and an abundance of natural light, as well as a layout designed for indoor/outdoor living. The gourmet kitchen features Carrera stone backsplash and countertops, cast iron farm sink, stainless Viking & Bosch appliances...and the list goes on. Steps from the kitchen: an oversized living room with vaulted ceilings, skylights and French doors that lead to the backyard. Luxurious master bedroom retreat features large dual closets, 66-inch air jetted tub, and a linear drain line shower. Step outside to a backyard entertainer’s paradise on a private, flat, and sunny, almost 7,000 sq ft lot, complete with a custom water feature, firepit, canopied outdoor dining and the perfect space for hosting a movie night under the stars. Substantial investments have been made in creating a gorgeous, ecofriendly landscape and hardscape requiring little maintenance. Additional plusses: AC, tankless water heater, home security system, electrical vehicle plugin, and a location close to Main Street, The Point and the beach. Welcome home.

Last Agent to Sell the Property

Lynne Lear

Pacifica Properties Group, Inc. License #01350148 Listed on: 08/05/2020

Co-Listed By

Jeremy Shelton

Pacifica Properties Group, Inc. License #01416145

Last Buyer's Agent

Sandy Bruce

Estate Properties License #01968444

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 6,985 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway Level

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,123 Sq Ft Home
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Schools

  • Center Street Elementary School
  • El Segundo Middle School
  • El Segundo High School

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / 111
  • Assessor Parcel Number 4139020022

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4139020022
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2123.00 Square Feet
  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Dining Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 894.96
  • Room Type: All Bedrooms Down, Living Room, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Schools

  • Elementary School: Center Street
  • High School: El Segundo
  • Middle Or Junior School: El Segundo
  • Elementary School #2: CENSTR
  • High School2: ELSEG

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 6985.00
  • Lot Size Acres: 0.1604

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6985.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 111
  • Tax Lot: 14
  • Tax Tract Number: .

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2020
Closed on
Aug 19, 2020
Sold by
Maul Brehan and Crabtree Molly
Bought by
Morel Keith M and Morel Talia
Seller's Agent
Lynne Lear
Pacifica Properties Group, Inc.
Buyer's Agent
Sandy Bruce
Estate Properties
List Price
$1,849,000
Sold Price
$1,900,000
Premium/Discount to List
$51,000
2.76%
Current Estimated Value
$2,362,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$462,686
Avg. Annual Appreciation
4.16%
Original Mortgage
$1,520,000
Outstanding Balance
$1,342,758
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,019,928

Purchase Details

Closed on
Dec 23, 2019
Sold by
Maul Brehan and Crabtree Molly
Bought by
Maul Brehan and Crabtree Molly

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 1, 2017
Sold by
3Rees Company Gp
Bought by
Maul Brehan and Crabtree Molly
Seller's Agent
Amie Metcalfe
Tower-60
Buyer's Agent
Lynne Lear
Pacifica Properties Group, Inc.
List Price
$1,685,000
Sold Price
$1,650,000
Premium/Discount to List
-$35,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.23%
Original Mortgage
$1,320,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 22, 2017
Sold by
Clapper Mark
Bought by
3Rees Company Gp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,320,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 13, 2015
Sold by
Morel Charles E
Bought by
Clapper Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 1997
Sold by
St Morel Kathryn Trs C E And K W More
Bought by
Morel Kathryn W and Kathryn W Morel Revocable Survivors Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morel Keith M $1,900,000 Wfg National Title Co Of Ca
Maul Brehan -- None Available
Maul Brehan $1,650,000 Lawyers Title Company
3Rees Company Gp -- None Available
Clapper Mark $840,000 Lawyers Title
Morel Kathryn W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morel Keith M $1,520,000
Previous Owner Maul Brehan $1,320,000
Previous Owner Clapper Mark $625,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2020 09/15/20 Sold $1,900,000 +2.8% $895 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $1,849,000 +12.1% $871 / Sq Ft
05/26/2017 05/26/17 Sold $1,650,000 -2.1% $776 / Sq Ft View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $1,685,000 -- $792 / 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 $22,576 $2,056,620 $1,645,296 $411,324
2024 $22,576 $2,016,295 $1,613,036 $403,259
2023 $21,973 $1,976,760 $1,581,408 $395,352
2022 $22,216 $1,938,000 $1,550,400 $387,600
2021 $21,902 $1,900,000 $1,520,000 $380,000
2020 $20,024 $1,750,991 $1,345,611 $405,380
2019 $19,707 $1,716,659 $1,319,227 $397,432
2018 $18,484 $1,683,000 $1,293,360 $389,640
2016 $1,076 $85,901 $56,307 $29,594
2015 $1,064 $84,612 $55,462 $29,150
2014 $1,056 $82,955 $54,376 $28,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20150114

California Regional Multiple Listing Service (CRMLS)

APN: 4139-020-022