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618 West Palm Avenue

618 West Palm Avenue, El Segundo, CA 90245
Property in El Segundo
Sold May 25, 2005
$1,385,000
$914,100 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2041
Sold Jun 23, 2004
$575,000
$882,000 by Commercial Capital Bank Fsb
Mortgage
618 West Palm Avenue in El Segundo, CA was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 618 West Palm Avenue has 2,966 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 4,986 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Mar 23, 2005 for $1,385,000. That's $466.96 per sqft. Prior to that sales transaction, the property was also sold in Jun 10, 2004 for $575,000. 618 West Palm Avenue was last assessed in 2023. The total value of the property was assessed at $1,855,593. Specifically, the land the property is located on was valued at $1,012,471. While improvements on the property were assessed at a total of $843,122. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $20,880. The initial tax year of delinquency was in 2020. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,986
  • Total Building Area: 2,966
  • Building Area: 2,966
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,966
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF EL SEGUNDO
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P M 30-53 LOT 2

Ownership

  • Current Owner : LOISIDES PETER M
  • Previous Owner : OBRADOVICH CORP
  • Owner Before Previous Owner: TAYLOR DAVID B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: El Segundo Unified School District
  • Census Tract: 620101

Zoning

  • Zoning: ESR1*

Geography

  • Parcel: 4131-007-072
  • Lot: 2
  • Municipality: SOUTH /EL SEGUNDO SFR
  • Latitude: 33.9248
  • Longitude: -118.423

    Address

  • Full Address: 618 W Palm Ave
  • Address - House Number: 618
  • Street Direction: W
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: El Segundo
  • Carrier Code: C011
  • 4-Digit Zip Code: 2064
  • Zip Code: 90245

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,880
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 03-710

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,111,583
  • High Value: 2,583,306
  • Low Value: 1,639,860

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $914,100
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 23, 2011
  • First Open Lien Mortgage Loan Amount: $914,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,855,593
  • Assessed Land Value: $1,012,471
  • Assessed Improvements Value: $843,122

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 23, 2005
  • Current Sale Recording Date: May 25, 2005
  • Current Sale Transaction ID: 1033234475
  • Current Sale Price: $1,385,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-1219861
  • Previous Sale Recording Date: Jun 23, 2004
  • Previous Sale Contract Date: Jun 10, 2004
  • Previous Sale Amount: $575,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WACHOVIA MORTGAGE CORP
  • First Mortgage Transaction Date: May 25, 2005
  • First Mortgage Loan Amount: $985,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jun 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: COMMERCIAL CAPITAL BANK FSB
  • Previous Mortgage Transaction Date: Jun 23, 2004
  • Previous Mortgage Loan Amount: $882,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 618 West Palm Avenue located in?
The 618 West Palm Avenue is a located in the neighborhood of El Segundo in El Segundo, El Segundo.
What is the average sales price for listings in 618 West Palm Avenue?
The average sales price for units in 618 West Palm Avenue is $0 currently.

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