NOT LISTED FOR SALE

1629 E Palm Ave Unit 8 El Segundo, CA 90245

Estimated Value: $1,107,000 - $1,352,000

3 Beds
2.5 Baths
1,605 Sq Ft
$737/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $922,200 $575 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,550/month

10 Days on Market

Highlights

  • No Units Above
  • Primary Bedroom Suite
  • 0.36 Acre Lot
  • Center Street Elementary Rated A+
  • Updated Kitchen
  • 3-minute walk to Washington Park

About This Home

As of September 2020

~ This contemporary and meticulously maintained tri-level townhouse is nestled between Silicon Beach and South Bay, making it an easy commute to aerospace, tech, entertainment & military employers, and located in the award-winning El Segundo school district. ~ Soaring ceilings and natural sunlight give this haven an expansive and bright feel, while the outdoor hedging and plantation shutters upstairs add stylish privacy. ~ Enhanced by the gleaming wood floors, quality high-end finishes, and the ambiance of the two-sided fireplace, this open floor plan home has everything you need to enjoy Southern California beach living: Cool off with coastal breezes on the west-facing balcony, cook in the well-appointed chef's kitchen, utilize the breakfast bar + built-in wine refrigerator, or appreciate the well thought-out floor plan with the owner’s suite located opposite all other rooms upstairs. ~ Options exist for home offices, upstairs or down, essential when working remotely, or navigating homeschooling. ~ A finished bonus/exercise room and laundry area are conveniently located downstairs, with direct access to the over-sized garage, upgraded with epoxy floors. ~ Adjacent to pet-friendly Freedom Park, and just a 15 min bike ride to Dockweiler Beach, with its volleyball courts and legendary fire pits. Don’t miss the weekly Farmers’ Market, multiple shopping centers, and fine dining. ~ Truly an immaculate home in a quality neighborhood, ready for the next successful homeowner.

Last Agent to Sell the Property

Lillian Wang

Compass License #02067412 Listed on: 08/13/2020

Compass

Last Buyer's Agent

Lillian Wang

Compass License #02067412 Listed on: 08/13/2020

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1991

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Turnkey
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,605 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Central Vacuum
  • Dual Staircase
  • High Ceiling
  • Formal Entry
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Formal Dining Room
  • Bonus Room
  • Storage
  • Attic

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Open Patio

Schools

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

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 48884
  • Assessor Parcel Number 4139018031

Community Details

Overview

  • 10 Units
  • Summerwind Association, Phone Number (818) 793-2039
  • Lbpm HOA
  • Maintained Community

Recreation

  • Park
  • Dog Park
  • Bike Trail

Townhouse Details

Home Type

Townhome

Year Built

Built in 1991

Lot Details

0

HOA Fees

$415 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Dishwasher, microwave, refrigerator, garbage disposal, gas stove, oven, wine refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: ESR3YY
  • Architectural Style: Contemporary, Modern
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4139018031
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1605.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, High Ceilings, Open Floorplan, Storage, Vacuum Central
  • Stories: 3
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Counter / Bar, Dining Ell, Dining Room, In Kitchen, Separated
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 574.58
  • Room Type: All Bedrooms Up, Attic, Bonus Room, Family Room, Formal Entry, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio, Patio Open
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Water Line to Refrigerator
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Sewer, Water, Call for Rules
  • Association Fee: 415.00
  • Association Fee Frequency: Monthly
  • Association Name: Summerwind
  • Phone: (818) 793-2039
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks, Suburban
  • Association Management: LBPM

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: Level with Street
  • Lot Size Sq Ft: 15793.00
  • Lot Size Acres: 0.3626

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15793.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 6200.01
  • Tax Lot: 1
  • Tax Tract Number: 48884

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Aug 25, 2020
Sold by
Suos Vincent Stephane and Chien Connie
Bought by
Bergman Eric and Moon Jackie
Seller's Agent
Lillian Wang
Compass
Buyer's Agent
Lillian Wang
Compass
List Price
$899,000
Sold Price
$922,200
Premium/Discount to List
$23,200
2.58%
Current Estimated Value
$1,183,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,817
Avg. Annual Appreciation
4.88%
Original Mortgage
$733,800
Outstanding Balance
$651,199
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$531,818

Purchase Details

Listed on
Oct 3, 2017
Closed on
Oct 17, 2017
Sold by
Maniccia Allen John
Bought by
Suos Vincent Stephane and Chien Connie
Seller's Agent
Lynn O'Neill
Beach City Brokers
Buyer's Agent
Jennifer Chu
Panimor Inc.
List Price
$819,000
Sold Price
$814,000
Premium/Discount to List
-$5,000
-0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$651,200
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 20, 1998
Sold by
Connor Philip O
Bought by
Maniccia Allen John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.02%

Purchase Details

Closed on
Feb 25, 1994
Sold by
Hawthorne S & L Assn
Bought by
Oconnor Philip and Oconnor Stacie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bergman Eric $922,500 Fidelity National Title Co
Suos Vincent Stephane $814,000 Wfg National Title Company
Maniccia Allen John $240,000 Fidelity National Title
Oconnor Philip $222,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bergman Eric $733,800
Previous Owner Suos Vincent Stephane $651,200
Previous Owner Maniccia Allen John $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2020 09/25/20 Sold $922,200 +2.6% $575 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $899,000 +10.4% $560 / Sq Ft
11/28/2017 11/28/17 Sold $814,000 -0.6% $507 / Sq Ft View Prior Sale
10/27/2017 10/27/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $819,000 0.0% $510 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $819,000 -- $510 / 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 $10,946 $998,215 $664,936 $333,279
2024 $10,946 $978,644 $651,899 $326,745
2023 $10,656 $959,456 $639,117 $320,339
2022 $10,772 $940,644 $626,586 $314,058
2021 $10,616 $922,200 $614,300 $307,900
2020 $9,749 $846,885 $537,054 $309,831
2019 $9,595 $830,280 $526,524 $303,756
2018 $9,021 $814,000 $516,200 $297,800
2017 $3,826 $330,183 $137,576 $192,607
2016 $3,630 $323,710 $134,879 $188,831
2015 $3,646 $318,848 $132,853 $185,995
2014 $3,575 $312,603 $130,251 $182,352
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB20163705

California Regional Multiple Listing Service (CRMLS)

APN: 4139-018-043