NOT LISTED FOR SALE

642 W Walnut Ave El Segundo, CA 90245

Estimated Value: $1,824,026 - $1,988,000

5 Beds
3 Baths
2,178 Sq Ft
$871/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $895,000 $411 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $11,077/month

340 Days on Market

Highlights

  • Laundry Room
  • Richmond Street Elementary School Rated A
  • Central Heating

About This Home

As of April 2013

***BACK ON MARKET***Rare El Segundo Duplex on huge 11,699 sqft. lot. Front house is clean, 3 bedroom, 2 bath home with 2 car attached garage. Functional floorplan with Separate master bedroom wing. Open kitchen with conveniently attached laundry room. Separate dining room over looks enclosed, private backyard. Back house is a charming, 2 bedroom, 1 bath California Bungalow with eat-in kitchen. Huge parklike backyard with detached, oversized 1 car garage converted to bonus room and storage. Open views from front house. Long driveway for plenty of off street parking.

Last Agent to Sell the Property

Sean Rodriguez

Estate Properties License #00938328 Listed on: 04/01/2012

Co-Listed By

Jonathan Rodriguez

Estate Properties License #00946916

Last Buyer's Agent

Rosy Riera

Keller Williams South Bay License #01458701

Keller Williams South Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,276

Year Built

  • Built in 1986

Lot Details

  • 0.27

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 2,178 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • 0.27 Acre Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 3
  • Tax Tract Number 1685
  • Assessor Parcel Number 4131003015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $888
  • Water Sewer Expense $1,088
  • New Taxes Expense $11,187
  • Gross Income $4,100
  • Net Operating Income $36,037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,276

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 1088.00
  • Property Type: Residential Income
  • Parcel Number: 4131003015
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 410.93

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: On Site
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room

Lot Info

  • Lot Size Sq Ft: 11669.00
  • Lot Size Acres: 0.2680

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 690
  • Average3 Bed Area: 1488
  • Gross Income: 4100.00
  • Gross Scheduled Income: 49200.00
  • Insurance Expense: 888.00
  • Lot Size Area: 11669.0000 Square Feet
  • Net Operating Income: 36037.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 13163.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11187.00
  • Tax Lot: 3
  • Tax Tract Number: 1685
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2012
Closed on
Mar 11, 2013
Sold by
Frederick John R and Rueschenberg Nancy
Bought by
Ayaay Ariel C and Ayaay Claire T
Seller's Agent
Sean Rodriguez
Estate Properties
Buyer's Agent
Rosy Riera
Keller Williams South Bay
List Price
$929,000
Sold Price
$895,000
Premium/Discount to List
-$34,000
-3.66%
Current Estimated Value
$1,896,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,001,257
Avg. Annual Appreciation
6.39%
Original Mortgage
$819,596
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1998
Sold by
Frederick Isabelle
Bought by
Frederick Isabelle and Rueschenberg Nancy

Purchase Details

Closed on
Apr 10, 1997
Sold by
Grissom Roger L and Grissom Kevan
Bought by
Frederick Isabelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,700
Interest Rate
7.94%

Purchase Details

Closed on
Nov 18, 1993
Sold by
Grissom Kevan
Bought by
Grissom Roger L and Grissom Kevan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.88%

Purchase Details

Closed on
Oct 11, 1993
Sold by
Grissom Kevan and Mary Elizabeth Coleman 1988 Tr
Bought by
Grissom Kevan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.88%

Purchase Details

Closed on
Jul 1, 1993
Sold by
Grissom Kevan and Mary Elizabeth Coleman 1988 Tr
Bought by
Grissom Kevan
Source: Public Records

Range of Values:

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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
Ayaay Ariel C $895,000 Pacific Coast Title Company
Frederick Isabelle -- --
Frederick Isabelle $329,000 --
Grissom Roger L -- Old Republic Title Company
Grissom Kevan -- --
Grissom Kevan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayaay Ariel C $819,596
Previous Owner Frederick Isabelle $151,700
Previous Owner Grissom Roger L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2013 04/12/13 Sold $895,000 -3.7% $411 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
04/01/2012 04/01/12 For Sale $929,000 -- $427 / 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 $12,276 $1,102,119 $738,852 $363,267
2024 $12,276 $1,080,510 $724,365 $356,145
2023 $11,955 $1,059,324 $710,162 $349,162
2022 $12,084 $1,038,554 $696,238 $342,316
2021 $11,911 $1,018,191 $682,587 $335,604
2020 $11,689 $1,007,751 $675,588 $332,163
2019 $11,506 $987,992 $662,342 $325,650
2018 $10,715 $968,620 $649,355 $319,265
2016 $10,401 $931,009 $624,141 $306,868
2015 $10,271 $917,025 $614,766 $302,259
2014 $10,055 $899,063 $602,724 $296,339
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: V12041626

California Regional Multiple Listing Service (CRMLS)

APN: 4131-003-015