NOT LISTED FOR SALE

617 W Palm Ave El Segundo, CA 90245

Estimated Value: $2,813,000 - $4,357,000

4 Beds
5 Baths
4,144 Sq Ft
$838/Sq Ft Est. Value

Last Sold June 04, 2013

Last sale price $1,749,000 $422 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $21,385/month

8 Days on Market

Highlights

  • Home Theater
  • Primary Bedroom Suite
  • City Lights View
  • Richmond Street Elementary School Rated A
  • All Bedrooms Downstairs
  • French Architecture

About This Home

As of June 2013

Overlook All Of El Segundo From One Of The City's Biggest Homes!
This almost 5000sqft European inspired home is only a few years old and looks as good as the day it was built. Located at one of El Segundo’s highest points, the mountain, Downtown LA, and city view is spectacular. The home features 3 levels including a huge finished basement. Rooms include 4 bedrooms, 5 baths, media room, and office. All entertaining spaces including a large covered patio are located on the top level to maximize and enjoy the views. Home also features a 3.5 car garage and huge private backyard. Only the highest end finishes were used in building this home. State of the art prewiring for Cat 5, Audio, Intercom, TV, Alarm, and more. With huge open spaces, high ceilings, and an open kitchen, this home was built for entertaining. If you're in a hurry, you can slide down the fire pole to get downstairs. Top of the line, high efficiency dual Heat/AC units with multiple zones and air filtration. Double tankless water heaters. Spanish tile & varying width extra long Cherry wood floors. Rare opportunity at a home that has size, location, lot size, view, and quality.

Last Agent to Sell the Property

Shane Falkenstein

Beach City Brokers License #01253483 Listed on: 05/07/2013

Last Buyer's Agent

Jennifer Davidson

Bayside License #01321065

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,461

Year Built

  • Built in 2009

Lot Details

  • 7,927 Sq Ft Lot
  • Block Wall Fence
  • Back Yard

Parking

  • 3 Car Attached Garage

Home Design

  • French Architecture
  • Asphalt Roof

Interior Spaces

  • 4,144 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Double Pane Windows
  • Casement Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Home Theater
  • City Lights Views
  • Home Security System
  • Laundry Room
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Walk-In Closet

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 1685
  • Assessor Parcel Number 4131006031

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,461

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Custom Media Room Couches. Rear Storage Shed. Copper Clock
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Architectural Style: French
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4131006031
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4144.00
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 740.00
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Price Per Square Foot: 422.06
  • Room Type: Basement, All Bedrooms Down, Family Room, Foyer, Master Suite, Walk-In Closet, Home Theatre
  • Window Features: Casement Windows, Double Pane Windows, Skylight(s)

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, High Efficiency, Zoned
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Central Air, Dual, High Efficiency, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7927.00
  • Lot Size Acres: 0.1820

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7927.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 1685

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2019
Sold by
Davidson Matthew S and Davidson Maria Victoria
Bought by
Davidson Matthew S and Davidson Maria Victoria
Current Estimated Value
$3,472,947

Purchase Details

Listed on
May 7, 2013
Closed on
May 14, 2013
Sold by
Falkenstein Shane
Bought by
Davidson Matthew S and Davidson Maria Victoria
Seller's Agent
Shane Falkenstein
Beach City Brokers
Buyer's Agent
Jennifer Davidson
Bayside
List Price
$1,699,000
Sold Price
$1,749,000
Premium/Discount to List
$50,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$1,399,200
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2010
Sold by
Falkenstein Shane and Falkenstein Viviane
Bought by
Falkenstein Shane and Falkenstein Viviane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2006
Sold by
Falkenstein Shane and Falkenstein Vivian
Bought by
Falkenstein Shane

Purchase Details

Closed on
Oct 14, 2004
Sold by
Runyan Gary P and Runyan Leonard
Bought by
Falkenstein Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2001
Sold by
Runyan Leonard B and Runyan Smilax A
Bought by
Runyan Leonard B

Purchase Details

Closed on
Jan 4, 1996
Sold by
Runyan Leonard B
Bought by
Runyan Leonard B and Runyan Smilax A
Source: Public Records

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Range of Values:

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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
Davidson Matthew S -- None Available
Davidson Matthew S $1,749,000 Fidelity National Title Co
Falkenstein Shane -- Fidelity National Title Co
Falkenstein Shane -- None Available
Falkenstein Shane $650,000 Southland Title Corporation
Runyan Leonard B -- --
Runyan Leonard B -- --
Runyan Leonard B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davidson Matthew S $870,000
Closed Davidson Matthew S $1,228,500
Previous Owner Davidson Matthew S $1,399,200
Previous Owner Davidson Matthew S $87,450
Previous Owner Falkenstein Shane C $172,000
Previous Owner Falkenstein Shane $137,000
Previous Owner Falkenstein Shane $729,750
Previous Owner Falkenstein Shane $122,000
Previous Owner Falkenstein Shane $520,000
Closed Falkenstein Shane $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2013 06/04/13 Sold $1,749,000 +2.9% $422 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
05/07/2013 05/07/13 For Sale $1,699,000 0.0% $410 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
05/01/2013 05/01/13 For Sale $1,699,000 -- $410 / 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 $24,461 $2,170,496 $1,477,708 $692,788
2023 $23,811 $2,127,938 $1,448,734 $679,204
2022 $24,071 $2,086,215 $1,420,328 $665,887
2021 $23,719 $2,045,310 $1,392,479 $652,831
2019 $22,294 $1,930,726 $1,351,178 $579,548
2018 $20,894 $1,892,870 $1,324,685 $568,185
2016 $20,283 $1,819,370 $1,273,247 $546,123
2015 $20,028 $1,792,042 $1,254,122 $537,920
2014 $19,580 $1,756,939 $1,229,556 $527,383
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13079155

California Regional Multiple Listing Service (CRMLS)

APN: 4131-006-031