NOT LISTED FOR SALE

661 W Palm Ave El Segundo, CA 90245

Estimated Value: $1,417,000 - $1,829,903

2 Beds
1 Bath
930 Sq Ft
$1,828/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $1,350,000 $1,452 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $10,391/month

10 Days on Market

Highlights

  • Ocean View
  • No HOA
  • Laundry Room
  • Richmond Street Elementary School Rated A
  • Living Room
  • Back and Front Yard

About This Home

As of April 2019

OCEAN VIEW! This stunning turn key beach cottage is absolutely dreamy! Situated on one of El Segundo's most coveted locations. This amazing home has been renovated with no detail untouched. Every square inch of this place was used and executed meticulously. From the airy bright living room with hardwood floors throughout to the completely renovated kitchen with stainless steel appliances, subway tile back splash and ample storage. From the time you enter the home the dazzling natural light and ocean breezes that fills the entire house with the restrained splashes of color will have you immersed in the beach lifestyle that is synonymous with El Segundo, and the surrounding beach communities. But the real veneration of this home is the view of the Pacific from the back patio. With a vantage point that gives a panoramic view of Malibu the opportunity to make that ocean view a highlight of the home is astonishing! The front and back yard with mature lemon trees and breathtaking sun sets over the ocean, is ideal for BBQ's, entertaining and even an impromptu game of soccer with the kids. While the 2 car garage is fully finished with innovative storage and enough room and comfort for housing all of your surfboards and bicycles to relaxing afternoon of crafting. All this while still being blocks from our award winning schools, local shops, restaurants, and our local beaches. You must see this absolute jewel to fully appreciate all this property has has to offer.

Last Agent to Sell the Property

Alex Abad

Tower-60 License #01701311 Listed on: 03/12/2019

Last Buyer's Agent

Gina Hoffman

eXp Realty of California Inc License #01905428

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,509

Year Built

  • Built in 1940

Lot Details

  • 7,188 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned ESR1YY

Parking

  • 2 Car Garage

Interior Spaces

  • 930 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 1685
  • Assessor Parcel Number 4131006008

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,509

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: ESR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4131006008
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 930.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1451.61
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • View: Ocean
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: El Segundo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7188.00
  • Lot Size Acres: 0.1650

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7188.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 6201.01
  • Tax Lot: 10
  • Tax Tract Number: 1685

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2023
Sold by
Scheil Adam C and Scheil Sarah May
Bought by
Scheil Family Trust and Scheil
Current Estimated Value
$1,700,476

Purchase Details

Listed on
Mar 12, 2019
Closed on
Apr 2, 2019
Sold by
The Stenstrom Family Trust
Bought by
Scheil Adam C and Scheil Sarah May
Seller's Agent
Alex Abad
Tower-60
Buyer's Agent
Gina Hoffman
eXp Realty of California Inc
List Price
$1,395,000
Sold Price
$1,350,000
Premium/Discount to List
-$45,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%
Original Mortgage
$725,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2015
Sold by
Stenstrom Peter
Bought by
The The Stenstrom Family Trust

Purchase Details

Closed on
May 27, 2011
Sold by
Stenstrom Jennifer and Stenstrom Peter
Bought by
Stenstrom Peter and Stenstrom Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2010
Sold by
Martinis Linda R
Bought by
Stenstrom Jennifer and Stenstrom Peter
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
Scheil Family Trust -- None Listed On Document
Scheil Adam C $1,350,000 Fidelity National Title Co
The The Stenstrom Family Trust -- None Available
Stenstrom Peter -- Orange Coast Title
Stenstrom Jennifer $627,500 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scheil Adam C $725,000
Previous Owner Stenstrom Peter $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2019 04/16/19 Sold $1,350,000 -3.2% $1,452 / Sq Ft
03/22/2019 03/22/19 Pending -- -- --
03/12/2019 03/12/19 For Sale $1,395,000 -- $1,500 / 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 $16,509 $1,505,946 $1,204,758 $301,188
2024 $16,509 $1,476,419 $1,181,136 $295,283
2023 $16,069 $1,447,471 $1,157,977 $289,494
2022 $16,247 $1,419,090 $1,135,272 $283,818
2021 $16,024 $1,391,265 $1,113,012 $278,253
2019 $6,868 $720,679 $576,545 $144,134
2018 $7,761 $706,549 $565,241 $141,308
2016 $7,541 $679,115 $543,293 $135,822
2015 $7,446 $668,915 $535,133 $133,782
2014 $7,288 $655,813 $524,651 $131,162
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19053941

California Regional Multiple Listing Service (CRMLS)

APN: 4131-006-008