NOT LISTED FOR SALE

503 W Palm Ave El Segundo, CA 90245

Estimated Value: $2,437,000 - $4,386,000

5 Beds
4 Baths
3,063 Sq Ft
$1,042/Sq Ft Est. Value

Last Sold May 11, 2012

Last sale price $1,405,000 $459 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $18,569/month

5 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Concrete Porch or Patio
  • Richmond Street Elementary School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of May 2012

Rare Opportunity on 10,000 Sqft Lot And A+ Location!
Beautiful Cape Cod inspired home built in 1999. This home has space inside and out. Modern floorplan with Living Room, Family Room with fireplace, Formal Dining, and open Kitchen. 1 Bed/1 Bath downstairs for guests. Spacious Master Suite with fireplace, sitting area, and his and her walk-in closets. Master bath with Jacuzzi tub and separate shower. Outside, walk out to your own private park in the backyard. Humongous backyard with large attached deck and patio for entertaining. 2 Car Garage with RV pad next to house. Additional features include double Forced Heat & AC & Surround sound speakers. Walk to everything in El Segundo from this great location. This is a rare El Segundo opportunity on a newer home, with a hard to find lot, in a fabulous location.

Last Listed By

Shane Falkenstein

Beach City Brokers License #01253483 Listed on: 03/21/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,559

Year Built

  • Built in 1999

Lot Details

  • 10,040

Parking

  • 2 Car Attached Garage

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,063 Sq Ft Home
  • Family Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Concrete Porch or Patio
  • 10,040 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 6201
  • Assessor Parcel Number 4132007018

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,559

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4132007018
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3063.00
  • Flooring: Wood
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 458.70
  • Room Type: Master Bedroom

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: El Segundo Unified

Lot Info

  • Lot Size Sq Ft: 10040.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10040.0000 Square Feet

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 6201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2012
Closed on
Apr 4, 2012
Sold by
Gordon Allen Keith
Bought by
Karrer Anthony S and Karrer Margaret M
Seller's Agent
Shane Falkenstein
Beach City Brokers
Buyer's Agent
Lynn O'Neill
Beach City Brokers
List Price
$1,299,000
Sold Price
$1,405,000
Premium/Discount to List
$106,000
8.16%
Total Days on Market
5
Current Estimated Value
$3,191,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,786,762
Avg. Annual Appreciation
5.06%
Original Mortgage
$983,500
Outstanding Balance
$697,049
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,970,489

Purchase Details

Closed on
Dec 9, 2000
Sold by
Gordon Allen K
Bought by
Gordon Allen Keith and Gordon Michelle Kay

Purchase Details

Closed on
Jul 28, 1995
Sold by
Bernard Dennis Fahy
Bought by
Gordon Allen K and Gordon Michelle K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.5%

Purchase Details

Closed on
Feb 13, 1995
Sold by
Bernard Deceased Sylvia Evelyn
Bought by
Bernard Dennis Fahy

Purchase Details

Closed on
Jan 11, 1994
Sold by
Bernard Sylvia
Bought by
Bernard Sylvia Evelyn

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
Karrer Anthony S $1,405,000 Fidelity National Title Co
Gordon Allen Keith -- --
Gordon Allen K $240,000 First Southwestern Title Co
Bernard Sylvia Evelyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karrer Anthony S $983,500
Previous Owner Gordon Allen Keith $181,855
Previous Owner Gordon Allen Keith $183,635
Previous Owner Gordon Allen Keith $186,500
Previous Owner Gordon Allen K $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2012 05/11/12 Sold $1,405,000 +8.2% $459 / Sq Ft
03/26/2012 03/26/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $1,299,000 -- $424 / 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
2024 $19,559 $1,730,148 $1,028,116 $702,032
2023 $19,041 $1,696,224 $1,007,957 $688,267
2022 $19,251 $1,662,966 $988,194 $674,772
2021 $18,974 $1,630,360 $968,818 $661,542
2019 $18,326 $1,582,004 $940,083 $641,921
2018 $17,188 $1,550,985 $921,650 $629,335
2016 $16,693 $1,490,761 $885,862 $604,899
2015 $16,484 $1,468,369 $872,556 $595,813
2014 $16,120 $1,439,606 $855,464 $584,142
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S12036927

California Regional Multiple Listing Service (CRMLS)

APN: 4132-007-018