NOT LISTED FOR SALE

516 W Walnut Ave El Segundo, CA 90245

Estimated Value: $1,729,000 - $2,183,000

3 Beds
3 Baths
1,458 Sq Ft
$1,301/Sq Ft Est. Value

Last Sold June 08, 2021

Last sale price $1,640,000 $1,125 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $11,604/month

5 Days on Market

Highlights

  • Open Floorplan
  • Craftsman Architecture
  • No HOA
  • Richmond Street Elementary School Rated A
  • Wood Flooring
  • Open to Family Room

About This Home

As of June 2021

Craftsman Beach Bungalow with endless possibilities! Blocks from vibrant downtown El Segundo and its award-winning schools, this 3-bedroom, 3-full-bath home on a 45x150 lot, boasts a primary bedroom suite with walk-in closet and bathroom. This air conditioned home is sound insulated. Laundry room inside. The detached 3-car garage features a heated workroom/office with a large work area, granite countertops and sink, lots of cabinets and its own bathroom. It's the perfect spot to work from home, use as a playroom, party room or possible ADU. (Primary bedroom suite, laundry room and studio/garage added in 2016.) As is, update or build your dream home. This property is a winner!

Last Agent to Sell the Property

Dickie Van Breene

REMAX AEGIS License #01916507 Listed on: 04/28/2021

Last Buyer's Agent

Charles Fisher

Estate Properties License #01731424

Estate Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 6,722 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned ESR1YY

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Heated Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Partial Copper Plumbing

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Family Room Off Kitchen
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Open to Family Room
  • Gas Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Richmond Elementary School
  • El Segundo Middle School
  • El Segundo High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 4 / 97
  • Tax Tract Number 3710
  • Assessor Parcel Number 4132003022

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: cooktop/stove
  • Property Attached: No
  • View: No
  • Zoning: ESR1YY
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4132003022
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1458.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial, Crown Molding, Open Floorplan, Pantry, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1124.83
  • Room Type: All Bedrooms Down, Basement, Family Room, Kitchen, Laundry, Master Bathroom, Master Bedroom, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Open To Family Room, Tile Counters
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door, Garage - Two Door, Heated Garage
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater
  • Heating Type: Central, Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Sidewalks, Street Lights

Schools

  • Elementary School: Richmond
  • High School: El Segundo
  • Middle Or Junior School: El Segundo
  • Elementary School #2: RICHMO
  • High School2: ELSEG

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 6722
  • Lot Size Sq Ft: 6722.00
  • Lot Size Acres: 0.1543
  • Latitude Manual: 33.92869600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6722.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 97
  • Tax Census Tract: 6201.01
  • Tax Lot: 4
  • Tax Tract Number: 3710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2004
Sold by
Read Janet S
Bought by
Read Janet S and The Janet S Read Trust
Current Estimated Value
$1,896,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$221,105
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$1,675,531

Purchase Details

Closed on
May 15, 2003
Sold by
Read Janet
Bought by
Read Janet S and Janet S Read Trust

Purchase Details

Closed on
Aug 21, 1998
Sold by
Caravello Paul E and Caravello Carol
Bought by
Read Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Interest Rate
6.92%

Purchase Details

Closed on
Jul 23, 1993
Sold by
Cunningham Vivian A
Bought by
Caravello Paul E and Caravello Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Read Janet S -- Commerce Title
Read Janet S -- Commerce Title
Read Janet S -- --
Read Janet $345,000 Fidelity National Title Ins
Caravello Paul E $175,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Read Janet S $442,000
Closed Read Janet $258,750
Previous Owner Caravello Paul E $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/08/2021 06/08/21 Sold $1,640,000 0.0% $1,125 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $1,640,000 +47.1% $1,125 / Sq Ft
07/28/2016 07/28/16 Sold $1,115,000 +1.5% $692 / Sq Ft View Prior Sale
06/16/2016 06/16/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $1,099,000 0.0% $682 / Sq Ft
06/06/2016 06/06/16 For Sale $1,099,000 -- $682 / 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 $20,003 $1,775,187 $1,420,150 $355,037
2024 $19,570 $1,740,380 $1,392,304 $348,076
2023 $19,049 $1,706,255 $1,365,004 $341,251
2022 $19,262 $1,672,800 $1,338,240 $334,560
2021 $6,671 $560,876 $399,733 $161,143
2020 $6,547 $555,126 $395,635 $159,491
2019 $6,447 $544,242 $387,878 $156,364
2018 $5,978 $533,572 $380,273 $153,299
2016 $5,179 $456,876 $365,507 $91,369
2015 $5,115 $450,014 $360,017 $89,997
2014 $5,013 $441,200 $352,965 $88,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21077823

California Regional Multiple Listing Service (CRMLS)

APN: 4132-003-022