Our Promise Your Money Matters. Hire Experience You Can Trust. We are committed to fulfilling our clients’ real estate needs by utilizing our outstanding resources, specialized marketplace knowledge and analytical skills. We pride ourselves in providing clients a seamless experience when navigating the real estate process, while exceeding their buying and selling expectations. Our goal is to offer a personalized and professional approach with a commitment to our core values of exceptional service, unparalleled work ethic, reliability and integrity. From the start, we go above and beyond to ensure our clients’ satisfaction. Charles Fisher | RE/MAX Estate Properties
About Me Fisher Real Estate
With over 18 years of residential real estate expertise, Charles takes a highly dedicated approach to serving his clients throughout the Westside, Los Angeles and South Bay areas. From starter condos to multi-unit investments, Charles provides creative and engineered solutions through each transaction. He epitomizes a relentless commitment to cultivating strong relationships with his clients and the real estate community. His extraordinary passion to connect clients with the right opportunities drive his daily desire to yield an outstanding level of client service.
RE/MAX Hall Of Fame | #2 Remax E.P. Agent in 2021 RE/MAX Awards: Diamond, Platinum, Chairman & Title Club
CHARLES FISHER 310-902-7214 | FisherRealEstate.com Charles@FisherRealEstate.com
#3 Remax E.P. Agent 2023 Top 50 Remax Agent In The Country 2023
CalBRE#01731424
Charles Fisher | RE/MAX Estate Properties
Re/Max vs. The Industry
Transaction Sides Per Agent
16.3
RE/MAX
10.3
Reality Executives
8.6
ERA
Coldwell Banker
8.0
Berkshire Hathaway Homeservices
Associates/ Agents
135,000+
7.9
7.6
Century 21
Better Homes & Gardens Real Estate
Keller Williams
6.5
Sotheby's International Realty
6.8
CA Transaction Sides
110+
Offices In California
345
6.5
4.7
eXp Realty
CA Transaction Sides
Realty ONE Group
Compass
HomeSmart
4.6
60,522
4.2
3.9 Charles Fisher | RE/MAX Estate Properties
The power of re/max estate properties RE/MAX Estate Properties is an independently owned and operated luxury real estate company spanning the coast of Southern California with 700+ exclusive agents.
Family Owned
Rated #1
Recently named one of LA County’s largest independently owned real estate brokerages
In real estate sales volume in the South Bay every single year since 2010
OVER $5 Billion
Ranked in top 4
In annual sales volume with the most productive agents in the nation
In sales volume for the Greater Los Angeles area year after year
Ranked #4
Ranked #5
Largest RE/MAX brokerage nationwide
Largest RE/MAX brokerage worldwide
Charles Fisher | RE/MAX Estate Properties
Why Fisher Real Estate?
Our main competitive advantage is rooted in the following commitments to our family of clients:
A One-on-One Tailored Approach
Focused on protecting your interests and catering to your needs with a customized and careful approach to pricing, marketing and negotiation
A Transparent Methodology
Transparent communication with our clients about all details related to the transaction with their best interest in mind
Proactive Strategies
Anticipating shifts and proactively identifying potential issues while providing professional guidance throughout the process
A Commitment to Exceptional Quality
Committed to working within your goals while leveraging our top vendor relationships to ensure we showcase your property in the best light possible
Be Local, Think Global
Leveraging our local connections and the RE/MAX network with agents nationally and internationally
Charles Fisher | RE/MAX Estate Properties
Our Pricing Strategy Assessing the value of your home is a vital part of the selling process which is dictated by current market value and influenced by several key factors:
• • • • • •
Our pricing approach considers each of the mentioned variables inclusive of our marketplace expertise and a goal to generate the highest level of engagement, interest and showings as soon as the property hits the market.
Supply and demand Economic conditions The selling and asking prices of comparable homes with similar criteria in your area Interior and exterior condition of the property Floor plan layout Buyer’s perception of your home
Those factors with minimal pricing influence to consider include the seller’s expected net proceeds, amount spent on improvements and the price the seller originally paid for the home.
Charles Fisher | RE/MAX Estate Properties
Our Client Testimonials “I found Charles’ real estate expertise to be top-notch. He’s been doing business and building connections for years. And he called on those connections to negotiate the best subcontractor prices and the highest quality work on my home. I never expected this level of dedication from a selling agent. Charles could have backed off until the house was ready for sale. Instead, he became my advisor, my “project supervisor”. Charles helped me find subcontractors, worked with them and applied pressure when necessary to get things done in a timely manner. Charles brought in the roofers, landscapers and stagers and made everything come together for a beautiful presentation of a fabulously renovated product. Charles sold that house for a price that EVERYONE said couldn’t be achieved.” -Sold a SFR
“If you are looking for a realtor, look no further! Charles makes magic happen! YOU WILL NOT FIND A BETTER REALTOR!!! I cannot say enough good things about Charles Fisher and the service he provided in selling our parents home. My Mom passed away, this house was a family home for over 60 years. We lived about 400 miles away. We needed a full service realtor in the area, to minimize traveling to and from the property. Charles was fantastic in every way. Unexpectedly, the house was full of Mom’s possessions. Charles took care of everything in a matter of 2 days! Having the house cleared up, cleaned up (inside and out),and sale ready in a matter of days. We never lifted a finger, or had to travel to the area. There were a few challenges during the sale, and I was appreciative of Charles knowledge of the market and advice. The house was in a trust and not having to worry about all the details was invaluable to us.
I can’t thank Charles enough for all his help, advice and availability to us.”
Charles Fisher | RE/MAX Estate Properties
-Sold a SFR
Services
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Our Marketing Plan Property Discovery
• •
Property Condition Assessment Repairs, Decluttering & Cleaning
Pre-Marketing
• • • • • • •
Professional Photography Aerial Videos 360 Property Video Stunning Property Brochures Floor Plan Drawings Local Network Announcements(Largest in the Area) Local ‘Coming Soon’ Announcement (Digital & Print)
Internet Marketing
• • •
Inclusion in MLS Customized Property Website integration within Dozens of Affiliated Websites & Feature Property Highlights SEO & Targeted Internet Ad
•
Media Marketing
• •
South Bay, Westside and LA Print Ads Targeted Social Media Marketing Reaching Over 65,000 People
Direct Marketing
• • •
Targeted Mail Marketing Direct Informational Property Postcards Featured Property Spread in Direct Neighborhood Magazine Sent to Over 6,500 Properties
Charles Fisher | RE/MAX Estate Properties
Our Consulting Menu
• • • • • • • • • • • • • • • •
Painting General Contractor Locksmiths Foundation Inspection Staging & Design Termite Inspection Roofing Carpet Installation Finance/Lending Title Services Real Estate Attorneys Carpentry Designers Insurance Services Handyman Services Moving Services
• • • • • • • • • • • • • • • •
Plumbing Electrical Landscaping HVAC & AC Windows & Blinds Flooring Solutions Professional Cleaning Services Real Estate Tax Accountants Stone & Granite Tile Installation General Home Inspection Declutter & Organization Consultant Pool Inspection 1031 Exchange (Accomodators) Sewer Line Inspection Architectural Engineering
Charles Fisher | RE/MAX Estate Properties
Digital Exposure 25,000+ broker and agent websites
Your Listing
Your listing reaches 155,000+ real estate professionals across California, including 110,000+ CRMLS users and 45,000 additional agents, brokers, appraisers, and more from data share partners.
Social Ads
• • •
Google Instagram Facebook
Monthly Newsletters
Personalized newsletter sent out twice a month to over 3,500 subscribers
Custom Property Sites
Sleek websites to showcase a detailed overview of properties.
25,000+ broker and agent websites
But your exposure doesn’t have to end there.
Charles Fisher | RE/MAX Estate Properties
Social Ads
Charles Fisher | RE/MAX Estate Properties
More Exposure Our listings get more exposure! 65,000
People reached via targeted social media ads
6,500
Properties on our mailing list
High Profile Print and Digital Advertising
maximizing exposure of your home across the
Custom Targeted Mailings
to increase visibility within a specified area
Property Inclusion
within our newsletter to local subscribers
South Bay, Westside and Los Angeles areas
Charles Fisher | RE/MAX Estate Properties
Custom Property Sites All the pertinent information in one easy space.
•
About Your City
•
Floorplan
•
Custom 360 Virtual Tour
•
Property Video
•
Sleek Web Design
•
High-End Photography
•
Property Specs & Description
Check out these sites www.204walnut.com www.720woak.com
Charles Fisher | RE/MAX Estate Properties
Professional Copywriters 1250 CORONA ST. Seamlessly blending modern contemporary design with comfort and functional elegance, this fully remodeled home will have you falling in love the moment you enter. Walk past the spectacular front porch, through the Italian Porcelain tile floored hallway as you feel greeted by the abundance of natural light seeping throughout. The first bedroom, separate office nook and primary bedroom all sit at the front of the home each with engineered hardwood floors, ample storage space and large upgraded windows allowing for copious sunlight.
The enchanting remodeled bathroom is complete with calacatta quartz countertops and a Restoration Hardware vanity, adjacent to the barn doors opening to the side by side laundry area with hook ups. The sleek gourmet chef’s kitchen features a beautiful calacatta quartz 9 ½ foot countertop island, Italian high gloss white cabinets/pantry and Bertazzoni Italian appliance suite which includes a Gourmet 36” free standing range, 36” fridge, dishwasher and hood insert. Enjoy al fresco dining all Summer long with astounding black iron exterior doors leading out to the private backyard equipped with a 41”-4 burner built-in BBQ grill including an island, fridge, storage space and a custom patio cover with LED lighting. The salt water pool and spa, separate side synthetic turf area and outdoor rain shower make for a perfectly encompassing indoor-outdoor entertaining space that is pre-wired for tv hook up and outdoor speaker. Designer details elevate the home with additional features including forced air heating system with Nest thermostat control (A/C ready), LED recessed lights throughout, Coax/Cat 6 pre-wired in each bedroom/living area, pre-wired for cameras, new lighting fixtures and a 5.1 entertainment speaker system in living area. In the heart of everything, don’t miss this opportunity to enjoy beach living at its finest in this peaceful utopian sanctuary.
Charles Fisher | RE/MAX Estate Properties
Professional Home Stagers
Increase selling price, decrease selling time.
Home staging showcases your home in its best light, making all the difference when selling your property.
Charles Fisher | RE/MAX Estate Properties
The Property 425 E Maple Ave. El Segundo, CA 90245
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Property Overview 3 Bed 1 Bath
425 E Maple Ave, El Segundo, CA 90245
1,245 Sqft. 9,593 Sqft. Lot
•
Year Built:
1940
•
County Land Use:
SFR
•
Fireplaces:
1
•
Garage Type:
Parking Avail.
•
Heat Type:
Heated
•
Foundation:
Raised
•
Exterior:
Stucco
Charles Fisher | RE/MAX Estate Properties
Sales Comparable Map
1. 508 W Sycamore Ave.
7. 730 Lomita St.
2. 635 W Maple Ave.
8. 430 Loma Vista Dr.
3. 755 Washington St.
9. 525 E Maple Ave.
4. 721 W Pine Ave.
10. 336 Valley St.
5. 630 California St.
11. 726 Lomita St.
6. 917 E Walnut Ave.
12. 754 California St.
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Sales Comparables Closed
List / Sold:
$1,500,000/$1,425,000
• Single Family Residence
18 days on the market 508 W Sycamore Ave • El Segundo 90245 3 beds, 1 full baths • 1,023 sqft • 6,716 sqft lot • $1392.96/sqft • Built in 1947 Listing ID: PW23167725 South Of Imperial HWY, West of Main St, East of Loma Vista St, North Of Mariposa Ave
Welcome to your dream home in the heart of El Segundo! This charming 3-bedroom, 1-bath residence offers an exceptional blend of classic elegance and modern convenience. Nestled in a sought-after neighborhood, this property boasts a myriad of features that are sure to captivate any discerning homeowner. Elegance Meets Comfort: As you step inside, you'll be greeted by the timeless beauty of hardwood floors that flow seamlessly throughout the home. The warm, inviting atmosphere invites you to make this house your home. Abundant Natural Light: Dual-pane windows adorn every room, filling the living spaces with an abundance of natural light while ensuring energy efficiency and sound insulation. Year-Round Comfort: Enjoy the luxury of central air and heating, allowing you to maintain the perfect temperature in every season. Saltwater Paradise: The crowning jewel of this property is the magnificent saltwater pool, providing a pristine and refreshing aquatic sanctuary. Dive into the cool waters, unwind on the poolside deck, or host unforgettable poolside gatherings with friends and family. Al Fresco Dining: The outdoor space also features a spacious patio area, perfect for al fresco dining, entertaining, or simply basking in the California sunshine. Ample Parking: Car enthusiasts and hobbyists will appreciate the expansive 6-car garage, offering plenty of space for your vehicles and potential workspace. El Segundo Lifestyle: Located in the highly desirable city of El Segundo, this home offers the perfect blend of serene residential living with proximity to all amenities, schools, and parks. Coastal Bliss. Enjoy the coastal lifestyle with quick access to some of California's most beautiful beaches. Whether you're a surfer or sunbather, the beach is just a short drive away. Effortless Commute. El Segundo provides convenient access to major freeways, ensuring a seamless commute to downtown Los Angeles, LAX, or This property seamlessly marries a welcoming interior with an outdoor paradise, complete with a saltwater pool that elevates the luxury of your daily life. Don't miss the opportunity to call this dream home your own. Contact us today to schedule a private viewing of this exceptional El Segundo property and experience the pinnacle of coastal living.
Facts & Features • Sold On 10/24/2023 • Original List Price of $1,500,000 • Levels: One • 6 Garage spaces/Detached Garage • 6 Total parking spaces • Assessments: Special Assessments • $226 (Assessor)
• Laundry: In Kitchen, Individual Room • Cooling: Central Air • Heating: Central • Pool: Private, Filtered, In Ground, Salt Water • View: City Lights, Neighborhood
Interior • Rooms: All Bedrooms Down, Living Room • Eating Area: In Living Room
• Appliances: Gas Range, Microwave, Refrigerator
Exterior • Lot Features: Front Yard, Garden • Security Features: Carbon Monoxide Detector(s)
Additional Information
• Sewer: Public Sewer
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties • 141 - El Segundo area
• Standard sale • El Segundo Unified School District • Buyer Agency Compensation: 2%
• Los Angeles County • Parcel # 4132004060
Sales Comparables Active Under Contract
• Single Family Residence
635 W Maple Ave • El Segundo 90245
$1,649,000 112 days on the market
4 beds, 2 full baths • 1,760 sqft • 7,921 sqft lot • $936.93/sqft • Built in 1920 Closest cross street is Loma Vista Street and Hillcrest Street.
Listing ID: SB23151892
Discover this charming beach cottage nestled in the desirable El Segundo area. This meticulously maintained home offers a perfect blend of comfort and character. With an approximate 1760 sf of combined living space, the main house is a turnkey gem with 3 bedrooms and 1 bath, welcomes you with its warm hardwood floors and elegant tile details throughout. The bathroom and kitchen have been tastefully remodeled, showcasing modern aesthetics while preserving the home's original charm. There is a separate guest house that exudes both comfort and style. Boasting 1 bedroom and 1 bath, this guest house encompasses approximately 800 square feet of living space, providing a private retreat for guests or even potential rental income. A delightful surprise awaits in the form of a spacious finished basement, a versatile space that opens the door to endless possibilities. Whether you envision a serene home office, an invigorating exercise room, or a creative haven, this area is ready to adapt to your needs. Situated on an expansive 7,921 square foot lot, this property goes above and beyond with The potential of this property is truly limitless, with ample room for expansion and the exciting possibility of capturing breathtaking ocean views. Seize the opportunity to shape this haven into your dream coastal oasis, where the California lifestyle meets boundless potential. Don't miss your chance to own a piece of El Segundo's finest and unlock a world of possibilities in this delightful beachside abode. located just a short distance from award winning school, shops, restaurants, and our local beaches.
Facts & Features • Listed On 08/15/2023 • Original List Price of $1,725,000 • Levels: One • 2 Garage spaces/Detached Garage • 2 Total parking spaces • Assessments: None • $0 (Unknown)
• Laundry: Inside • View: Mountain(s), Neighborhood
Interior • Rooms: Family Room, Kitchen
Exterior • Lot Features: Back Yard, Front Yard
• Sewer: Public Sewer
Additional Information • Standard sale • Los Angeles Unified School District • Buyer Agency Compensation: 2.5%
Charles Fisher
State License #: 01731424 Cell Phone: 310-902-7214 Fax: 310-322-4901
• 141 - El Segundo area • Los Angeles County • Parcel # 4131004020
Re/Max Estate Properties
Charles Fisher | Charles Fisher |
State License #: 01879720 1401 Highland Ave RE/MAX Estate Properties Manhattan Beach, 90266 RE/MAX Estate Properties
Sales Comparables Pending
$1,679,000
• Single Family Residence
755 Washington St • El Segundo 90245
0 days on the market
3 beds, 1 full baths, 1 partial baths • 1,439 sqft • 6,573 sqft lot • $1166.78/sqft • Built in 1953 corner of Oak and Washington- across from park
Listing ID: SB24002913
Great corner lot, across from park and a block from elementary school. One-level home with loads of potential...
Facts & Features • Listed On 01/05/2024 • Original List Price of $1,679,000 • Levels: One • 2 Garage spaces/Attached Garage • 2 Total parking spaces • Assessments: Unknown • $0 (Assessor)
• Laundry: In Closet, In Kitchen • Heating: Forced Air • Fireplace: Living Room, Gas Starter, Wood Burning
Interior • Rooms: All Bedrooms Down, Converted Bedroom, Den, Exercise Room, Kitchen, Laundry, Living Room • Eating Area: Area, Dining Ell, In Kitchen
Exterior • Lot Features: Corner Lot, Sloped Down, Front Yard, Greenbelt, Landscaped, Sprinkler System
• Sewer: Public Sewer
Additional Information • Standard sale • El Segundo Unified School District • Buyer Agency Compensation: 2.5%
Charles Fisher
Re/Max Estate Properties
State License #: 01731424 Cell Phone: 310-902-7214 Fax: 310-322-4901
CUSTOMER FULL: Residential
• 141 - El Segundo area • Los Angeles County • Parcel # 4139019001
State License #: 01879720 1401 Highland Ave Manhattan Beach, 90266
LISTING ID: SB24002913
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Printed: 02/06/2024 5:15:45 PM
Sales Comparables Closed
List / Sold:
$1,789,000/$1,700,000
• Single Family Residence
721 W Pine Ave • El Segundo 90245 2 beds, 1 full baths • 848 sqft • 8,999 sqft lot • $2004.72/sqft • Built in 1952 West of Main Street
203 days on the market Listing ID: SB22235666
9,000 square foot lot! Ocean view! ADU income potential! One of the most desirable blocks in El Segundo! Award winning schools and walking distance to all the great restaurants in town this large lot currently features a charming 2 bedroom, 1 bath home with a remodeled kitchen and bath, a 2-car garage and long driveway. The huge park-like backyard, features a meandering path that leads to a garden shed with electricity and water at the back of the property. Enjoy this meditative setting steps from a coastal trail. Add-on to the current home or build your dream home and keep the 2 bedroom for additional ADU income. The possibilities are endless.
Facts & Features • Sold On 07/24/2023 • Original List Price of $1,879,000 • Levels: One • 2 Garage spaces/Detached Garage • 2 Total parking spaces • Assessments: Unknown • $254 (Estimated)
• Laundry: Gas & Electric Dryer Hookup • Heating: Central • View: See Remarks
Interior • Rooms: All Bedrooms Down • Eating Area: Area
• Appliances: Gas Range, Refrigerator
Exterior • Lot Features: 0-1 Unit/Acre
• Sewer: Public Sewer
Additional Information • Standard sale • El Segundo Unified School District • Buyer Agency Compensation: 2.5%
Charles Fisher
Re/Max Estate Properties
State License #: 01731424 Cell Phone: 310-902-7214 Fax: 310-322-4901
CUSTOMER FULL: Residential
• 141 - El Segundo area • Los Angeles County • Parcel # 4131015018
State License #: 01879720 1401 Highland Ave Manhattan Beach, 90266
LISTING ID: SB22235666
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Printed: 02/06/2024 5:15:45 PM
Sales Comparables Closed
List / Sold:
$1,500,000/$1,700,000
• Single Family Residence
630 California St • El Segundo 90245 2 beds, 2 full baths • 1,547 sqft • 8,391 sqft lot • $1098.90/sqft • Built in 1952 On the corner of California & Elm
5 days on the market Listing ID: RS23189723
Welcome to this charming two-bedroom, two-bathroom home in the heart of El Segundo, California, where classic charm meets modern convenience. With its spacious 1500 square feet of living space, this property offers comfortable and contemporary living in a highly desirable location. As you step inside, you'll be greeted by an inviting open floor plan that seamlessly combines the living room, dining area, and a recently remodeled kitchen. The remodeled kitchen boasts modern appliances, sleek countertops, and elegant cabinetry, making it a chef's dream and a focal point for entertaining. One of the standout features of this property is the large lot, providing ample outdoor space for all your needs. Additionally, it includes RV parking, making it perfect for those who love to travel and have a home for their RV right on their property. The master suite is a private oasis with an en-suite bathroom and generous closet space. The second bedroom is perfect for guests, children, or can be utilized as a home office. Step outside to the beautifully landscaped backyard, perfect for outdoor gatherings and enjoying the California sunshine. With the extra-large lot, you have room for all your outdoor aspirations, from gardening to recreation. El Segundo is known for its excellent schools, a vibrant downtown area with shops and restaurants, and its close proximity to the beach. You'll have convenient access to all that this thriving coastal community has to offer. Don't miss the opportunity to make this wonderful house your new home. Schedule a showing today and imagine the possibilities in this delightful El Segundo property with its newly remodeled, stunning kitchen, and the added convenience of RV parking on the spacious lot.
Facts & Features • Sold On 11/22/2023 • Original List Price of $1,500,000 • Levels: One • 2 Garage spaces/Attached Garage • 2 Total parking spaces • Assessments: Unknown • $0 (Unknown)
• Laundry: In Garage • Cooling: Central Air • Heating: Central • Fireplace: Family Room • View: Neighborhood
Interior • Rooms: All Bedrooms Down
• Appliances: Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater
Exterior • Lot Features: Corner Lot
• Sewer: Public Sewer
Additional Information • Trust sale • El Segundo Unified School District • Buyer Agency Compensation: 2.5%
Charles Fisher
State License #: 01731424 Cell Phone: 310-902-7214
• 141 - El Segundo area • Los Angeles County • Parcel # 4139022019
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Re/Max Estate Properties State License #: 01879720 1401 Highland Ave
Sales Comparables Closed
List / Sold:
$1,597,000/$1,704,000
• Single Family Residence
917 E Walnut Ave • El Segundo 90245 3 beds, 2 full baths • 1,428 sqft • 7,786 sqft lot • $1193.28/sqft • Built in 1954 Closest cross street is Maryland St. and Bungalow Dr.
10 days on the market Listing ID: SB23083428
Nestled in a serene cul de sac, this charming and inviting 3 bedroom, 2 bath home is the perfect oasis for those seeking comfort, warmth, and modern convenience. As you step inside, you'll immediately notice the open floor plan, which creates a seamless flow between the living room, dining area, and kitchen, making it perfect for entertaining friends and family. The large modern kitchen boasts top-of-the-line appliances, cool tile, and great counter tops, making it a chef's dream come true. The kitchen also features ample cabinet space, perfect for storing all of your culinary essentials. The bedrooms are spacious and cozy, providing the perfect space to relax and unwind after a long day. The cute bathrooms are beautifully designed with high-quality fixtures and finishes, ensuring your daily routine is both comfortable and luxurious. The wonderful large back yard is a true gem, offering endless possibilities for outdoor entertaining and relaxation. Whether you're hosting a summer barbecue, playing catch with your kids, or simply enjoying a quiet morning coffee, this backyard is sure to impress. Located just a short distance from shops, restaurants, award-winning schools, and the local beaches, this home offers the perfect blend of peace and convenience. Come experience the joys of coastal living in El Segundo and make this beautiful 3 bedroom, 2 bath house your new home.
Facts & Features • Sold On 06/23/2023 • Original List Price of $1,597,000 • Levels: One • 2 Garage spaces/Attached Garage • 2 Total parking spaces • Assessments: None • $0 (Unknown)
• Laundry: Inside • Fireplace: Living Room, Decorative
Interior • Rooms: Kitchen, Living Room
Exterior • Lot Features: Back Yard, Front Yard, Yard
• Sewer: Public Sewer
Additional Information • Standard sale • El Segundo Unified School District • Buyer Agency Compensation: 2.5%
Charles Fisher
State License #: 01731424 Cell Phone: 310-902-7214 Fax: 310-322-4901
• 141 - El Segundo area • Los Angeles County • Parcel # 4133030005
Re/Max Estate Properties State License #: 01879720 1401 Highland Ave Manhattan Beach, 90266
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Sales Comparables Closed
List / Sold:
$1,819,000/$1,705,000
• Single Family Residence
730 Lomita St • El Segundo 90245 3 beds, 2 full baths • 1,560 sqft • 6,503 sqft lot • $1092.95/sqft • Built in 1943 Lomita Street between Palm and Maple Avenues
167 days on the market Listing ID: SB22161930
Mid Century custom home with cathedral ceiling master bedroom and cathedral ceiling family room with river rock, gas and wood burning dramatic fireplace plus a gas and wood burning fireplace in the livingroom, grassy backyard. Also nice ocean breezes and close to schools. Located on one of El Segundo's most beautiful mature tree lined streets!!! Beautiful quartz island kitchen, brand new forced air heating unit, home has a nice private "Home Office", this is a must see to appreciate home in the center of town!!!!...close to K-5, middle, and high schools. Home is a '1989 custom remodel plus addition and also boasts a connecting "al-fresca" sunlight dining patio just off the south side of the Kitchen!!! P.S. grassy backyard also has an entertaining gas burning fireplace!!!
Facts & Features • Sold On 02/16/2023 • Original List Price of $2,000,000 • Levels: One • 2 Garage spaces/Attached Garage • 2 Total parking spaces • Assessments: Unknown • $229 (Assessor)
• Laundry: Gas Dryer Hookup, Individual Room, Washer Hookup • Cooling: See Remarks • Heating: Central • Fireplace: Family Room • Patio: Concrete • Spa: See Remarks • View: See Remarks, Trees/Woods
Interior • Rooms: Family Room, Kitchen, Laundry, Living Room, Primary Suite
• Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater
Exterior • Lot Features: Front Yard, Rectangular Lot
• Sewer: Public Sewer
Additional Information • Standard sale • El Segundo Unified School District • Buyer Agency Compensation: 2.5%
Charles Fisher
State License #: 01731424 Cell Phone: 310-902-7214 Fax: 310-322-4901
CUSTOMER FULL: Residential
• 141 - El Segundo area • Los Angeles County • Parcel # 4133024018
Re/Max Estate Properties State License #: 01879720 1401 Highland Ave Manhattan Beach, 90266
Charles Fisher | RE/MAX Estate Properties Charles | RE/MAX Estate Properties Printed: 02/06/2024 5:15:45 PM LISTING ID:Fisher SB22161930
Sales Comparables Closed
List / Sold:
$1,749,000/$1,770,000
• Single Family Residence
430 Loma Vista St • El Segundo 90245 3 beds, 2 full baths • 1,609 sqft • 6,500 sqft lot • $1100.06/sqft • Built in 1939 Between Pine and Holly
5 days on the market Listing ID: SB23190780
Discover 430 Loma Vista Street, a charming 3-bedroom, 2-bathroom home spanning 1,609 square feet of comfortable living space. Upon entering, a warm, hardwood-floored foyer welcomes you, extending seamlessly into the living room, dining room, and hallways. Updated white colonial grid windows adorn the home, not only enhancing its curb appeal but also saturating the interior with abundant natural sunlight, creating a bright and cheerful atmosphere from all angles. To the right, a cozy living room features a charming fireplace and direct access to a side back patio, ideal for relaxation and entertaining. The adjacent formal dining room is bathed in natural light, providing a spacious area for gatherings. Flowing into the well-appointed kitchen, you'll find tile flooring, Spanish-style countertops, ample cabinet space, and a quaint breakfast nook. Moreover, all 3 bedrooms offer generous proportions with a hallway that provides easy access to the spacious backyard. The detached garage, accessible from the alley, provides secure parking and valuable storage space. Nestled in El Segundo's charming community, this home enjoys a convenient location close to the beach, as well as a short distance to schools, parks, shopping, dining, and major transportation routes.
Facts & Features • Sold On 11/03/2023 • Original List Price of $1,749,000 • Levels: One • 2 Garage spaces/Detached Garage • 2 Total parking spaces • Assessments: Unknown • $0 (Unknown)
• Laundry: Individual Room • Cooling: Central Air • Heating: Central • Fireplace: Living Room • Patio: Patio
Interior • Rooms: Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom • Eating Area: Breakfast Nook, Dining Room
• Other Interior Features: Copper Plumbing Partial
Exterior • Lot Features: 0-1 Unit/Acre, Landscaped, Park Nearby, Sprinkler System
• Sewer: Public Sewer
Additional Information • Trust sale • El Segundo Unified School District • Buyer Agency Compensation: 2.5%
Charles Fisher
State License #: 01731424 Cell Phone: 310-902-7214 Fax: 310-322-4901
• 141 - El Segundo area • Los Angeles County • Parcel # 4136011003
Re/Max Estate Properties
State License #: 01879720 Charles Fisher | RE/MAX Estate Properties 1401Estate HighlandProperties Ave Charles Fisher | RE/MAX Manhattan Beach, 90266
Sales Comparables Closed
List / Sold:
$1,825,000/$1,775,000
• Single Family Residence
8 days on the market 525 E Maple Ave • El Segundo 90245 3 beds, 2 full baths • 1,676 sqft • 10,886 sqft lot • $1059.07/sqft • Built in 1946 Listing ID: SB23041545 Closest cross street is Sheldon St. and Penn St.
Introducing a charming home with endless potential, nestled in the coastal community of El Segundo, California. This property boasts a massive lot of almost 11,000 square feet, providing ample space for creativity and expansion. This home offers a fantastic opportunity for customization and personalization to make it truly your own. You'll have peace of mind knowing that you're situated within walking distance to award-winning schools, ensuring your children receive an excellent education. Additionally, this home is conveniently located close to some of the best restaurants and local beaches, making it the perfect spot to indulge in a sunny day by the shore or enjoy a delicious meal. The interior of this home features 3 bedrooms and 2 bathrooms, providing ample living space for the whole family. The backyard is the crown jewel of this property, offering a huge open space with mature fruit trees. It's the perfect place to host family gatherings, barbecues, or simply relax under the shade of the trees. In summary, this charming home offers a unique opportunity to live in a fantastic location, with plenty of space to create your own paradise. The massive lot and mature fruit trees provide a backdrop of serenity and tranquility that you won't find in many homes. If you're looking for a home with a ton of potential, this property in El Segundo, California, is definitely worth considering
Facts & Features • Sold On 04/13/2023 • Original List Price of $1,825,000 • Levels: One • 2 Garage spaces/Detached Garage • 2 Total parking spaces • Assessments: None • $0 (Unknown)
• Laundry: Inside • Fireplace: Decorative • View: Neighborhood
Interior • Rooms: Kitchen, Living Room
Exterior • Lot Features: Back Yard, Lawn, Yard
• Sewer: Public Sewer
Additional Information • Standard sale • El Segundo Unified School District • Buyer Agency Compensation: 2%
Charles Fisher
State License #: 01731424 Cell Phone: 310-902-7214 Fax: 310-322-4901
• 141 - El Segundo area • Los Angeles County • Parcel # 4133011008
Re/Max Estate Properties State License #: 01879720 1401 Highland Ave Manhattan Beach, 90266
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Sales Comparables Closed
List / Sold:
$1,875,000/$1,800,000
• Single Family Residence
336 Valley St • El Segundo 90245 3 beds, 3 full baths • 2,266 sqft • 7,782 sqft lot • $794.35/sqft • Built in 1963 W. Holly Ave & Valley Street, South to address
0 days on the market Listing ID: SB23142965
Facts & Features • Sold On 10/11/2023 • Original List Price of $1,875,000 • Levels: Two • 2 Garage spaces/Attached Garage • 2 Total parking spaces • Assessments: None • $264 (Estimated)
• Laundry: Individual Room • Heating: Central • Fireplace: Living Room • View: Neighborhood
Interior • Rooms: All Bedrooms Up, Den, Kitchen, Laundry, Living Room
Exterior • Lot Features: Cul-De-Sac
• Sewer: Public Sewer
Additional Information • Trust sale • El Segundo Unified School District • Buyer Agency Compensation: 2.5%
Charles Fisher
Re/Max Estate Properties
State License #: 01731424 Cell Phone: 310-902-7214 Fax: 310-322-4901
CUSTOMER FULL: Residential
• 141 - El Segundo area • Los Angeles County • Parcel # 4131026023
State License #: 01879720 1401 Highland Ave Manhattan Beach, 90266
LISTING ID: SB23142965
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Printed: 02/06/2024 5:15:45 PM
Sales Comparables Closed
List / Sold:
$1,800,000/$1,886,000
• Single Family Residence
726 Lomita St • El Segundo 90245 3 beds, 2 full baths • 1,551 sqft • 6,511 sqft lot • $1215.99/sqft • Built in 1943 From PCH, head west on Mariposa and then north on Lomita St.
3 days on the market Listing ID: SB23196928
Welcome to your beautifully remodeled oasis in the heart of El Segundo. This charming, single-family home, located on a picturesque, tree-lined street, offers the perfect blend of modern updates and classic appeal. Step inside and be greeted by the spacious and open living area, featuring new, wide plank, vinyl flooring and natural light throughout the home. The fully remodeled kitchen is a chef's dream, showcasing sleek quartz countertops, new stainless steel appliances and ample storage space. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this kitchen is sure to impress. The home offers three bedrooms, providing plenty of space for relaxation and rest. The two remodeled bathrooms feature stylish fixtures and finishes, adding a touch of luxury to your daily routine. This home also boasts a bonus room off the garage; a versatile space that can be customized to suit your needs, whether it be a home office, gym, or guest suite. With a new roof, new plumbing, new electrical, new tank-less water heater (the list keeps going) this home offers peace of mind and hassle-free living. Step outside to discover a large deck and serene backyard retreat, perfect for outdoor entertaining or simply enjoying the California sunshine. Situated near the center of town, you'll have easy access to local amenities; including shops, restaurants, parks, beaches and the highly sought after El Segundo School District. Commuting is also a breeze with convenient access to major freeways. Don't miss the opportunity to call this fully remodeled gem your own. Schedule a showing today and experience the best of El Segundo living!
Facts & Features • Sold On 12/21/2023 • Original List Price of $1,800,000 • Levels: One • 2 Garage spaces/Detached Garage • 2 Total parking spaces • Assessments: None • $0 (Unknown)
• Laundry: Individual Room • Cooling: Central Air • Heating: Central • Patio: Front Porch
Interior • Rooms: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite
• Appliances: Dishwasher, Tankless Water Heater • Other Interior Features: Ceiling Fan(s), Quartz Counters, Recessed Lighting
Exterior • Lot Features: Front Yard, Landscaped, Rectangular Lot, Park Nearby
• Sewer: Public Sewer
Additional Information • Trust sale • El Segundo Unified School District • Buyer Agency Compensation: 2.5%
Charles Fisher
State License #: 01731424 Cell Phone: 310-902-7214
• 141 - El Segundo area • Los Angeles County • Parcel # 4133024017
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Re/Max Estate Properties State License #: 01879720 1401 Highland Ave
Sales Comparables Closed
List / Sold:
$2,099,000/$1,900,000
• Single Family Residence
754 California St • El Segundo 90245 3 beds, 2 full baths, 1 partial baths • 1,735 sqft • 7,894 sqft lot • $1095.10/sqft • Built in 1949 Oak and California
129 days on the market Listing ID: SB23097803
This home sits in a desirable location, walking distance to schools and parks. Large lot and a fantastic floor plan, that beautifully relates to the outdoor space of artisan wire work fence, roses, pepper tree and planed vegetation. Upon entering, the large family room, covered patio and large back yard are revealed, with 3 bedrooms, 1 bath tucked away to the side of the home + 1/2 bath. Fully penetrated stain bamboo flooring, new windows, large laundry room and pantry with built-in soft close cabinetry, integrated pull-out pot storage drawers, hidden “true” beverage refrigerator, tile flooring, and soapstone quartz countertops Cedar lined master closets. Renovated 1/2 bath. Wood + gas fireplace. Newer forced air heating system. In the rear of lot, there is a private mother in law home, for rent or as a second living area. It’s very private, with a separate walkway. It is fully renovated NEW: kitchen, bathroom, irrigation, deck, electrical, in unit washer dryer, plumbing, sewer line, windows, floors, and more. Other upgrades to the property are a finished garage, extra storage, upgraded electrical service, new interior doors, seismic gas protection...and more! This home has the lot, location and the flexibility to still make it your own.
Facts & Features • Sold On 11/21/2023 • Original List Price of $2,099,000 • Levels: Two • 1 Garage spaces/Attached Garage • 4 Total parking spaces • Assessments: None • $0 (Unknown)
• Laundry: In Closet, Individual Room • Heating: Central • Fireplace: Family Room
Interior • Rooms: Kitchen, Laundry, Loft • Eating Area: Area
• Other Interior Features: In-Law Floorplan, Quartz Counters, Recessed Lighting
Exterior • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Sprinkler System • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
• Sewer: Public Sewer
Additional Information • Standard sale • El Segundo Unified School District • Buyer Agency Compensation: 2.5%
Charles Fisher
State License #: 01731424 Cell Phone: 310-902-7214 Fax: 310-322-4901
• 141 - El Segundo area • Los Angeles County • Parcel # 4139019021
Charles Fisher | RE/MAX Estate Properties Re/Max Estate Properties Charles Fisher | RE/MAX Estate Properties State License #: 01879720 1401 Highland Ave Manhattan Beach, 90266
Pricing Analysis Quick CMA Report
Maximum: Minimum: Average: Median:
Total Listings: 12 Total on Market: 0 Sold/Exp Ratio: 0.00
Br/Ba
Sqft
LSqft
List Price
Sold Price
$/Sqft
4/3 2/1 3/2 3/2
2,266 848 1,537 1,556
10,886 6,500 7,705 7,784
$2,099,000 $1,500,000 $1,740,083 $1,769,000
$1,900,000 $2,004.72 $1,425,000 $794.35 $1,736,500 $1179.26 $1,737,500 $1,099.48
SP/LP%
Active Under Contract Address
City
YrBuilt
Sale Type
635 W Maple AV
ES
1920
STD
Bath
CDOM
Sqft
LSqft
$/Sqft
Price
4
2
112/112
1,760
7,921
$936.93
$1,649,000
Maximum: 4/ Minimum: 4 4 Average: 4 Median:
2 2 2 2
112 112 112 112
1,760 1,760 1,760 1,760
7,921 7,921 7,921 7,921
$936.93 $936.93 $936.93 $936.93
$1,649,000 $1,649,000 $1,649,000 $1,649,000
Contract Date Br 01/12/2024
Pending Address
City
YrBuilt
Sale Type
755 Washington ST
ES
1953
STD
Bath
CDOM
Sqft
LSqft
$/Sqft
Price
3
2
0/0
1,439
6,573 $1,166.78
$1,679,000
Maximum: 3/ Minimum: 3 3 Average: 3 Median:
2 2 2 2
0 0 0 0
1,439 1,439 1,439 1,439
6,573 6,573 6,573 6,573
$1,166.78 $1,166.78 $1,166.78 $1,166.78
$1,679,000 $1,679,000 $1,679,000 $1,679,000
Contract Date Br 01/05/2024
Closed Address
City
YrBuilt
Sale Type
COE Date
Br
Bath
CDOM
Sqft
LSqft
$/Sqft
Price
508 W Sycamore AV
ES
1947
STD
10/24/2023
3
1
18/18
1,023
6,716 $1,392.96
$1,425,000
STD
07/24/2023
2
1
203/203
848
8,999 $2,004.72
$1,700,000
11/22/2023
2
2
5/5
1,547
8,391 $1,098.90
$1,700,000
721 W Pine AV
ES
1952
630 California ST
ES
1952
917 E Walnut AV
ES
1954
STD
06/23/2023
3
2
10/10
1,428
7,786 $1,193.28
$1,704,000
730 Lomita ST
ES
1943
STD
02/16/2023
3
2
167/167
1,560
6,503 $1,092.95
$1,705,000
430 Loma Vista ST
ES
1939
11/03/2023
3
2
5/5
1,609
6,500 $1,100.06
$1,770,000
525 E Maple AV
ES
1946
04/13/2023
3
2
8/8
1,676
10,886 $1,059.07
$1,775,000
336 Valley ST
ES
1963
10/11/2023
3
3
0/0
2,266
7,782
$794.35
$1,800,000
726 Lomita ST
ES
1943
12/21/2023
3
2
3/3
1,551
6,511 $1,215.99
$1,886,000
754 California ST
ES
1949
11/21/2023
3
3
129/129
1,735
7,894 $1,095.10
$1,900,000
Maximum: Minimum: Average: Median:
3 2 3 3
3 1 2 2
203 0 55 9
2,266 848 1,524 1,556
10,886 $2,004.72 $794.35 6,500 7,797 $1,204.74 7,784 $1,099.48
$1,900,000 $1,425,000 $1,736,500 $1,737,500
STD
STD
Criteria:
Property Type is 'Residential' Standard Status is one of 'Coming Soon', 'Active', 'Act Under Contract', 'Pending' Standard Status is 'Closed' Contract Status Change Date is 02/06/2024 to 02/11/2023 Property Sub Type is 'Single Family Residence' City is 'El Segundo'
Charles Fisher | RE/MAX Estate PropertiesPrinted By Charles Fisher CalBRE: 01731424 on 2/06/24 Charles Fisher | RE/MAX Estate Properties
Residential Quick CMA Page 1 of 1
Net Sheet #1 $1,699,000 The provided property valuation is an estimate based on available data, including comparable sales and the last MLS listing. It is not an official estimate and may change with additional information on the property's condition and upgrades. Market fluctuations can also impact its value.
Scenario 1
Debits
Proposed Price
Credits $1,699,000
Present Mortgage Payoff
(-)
County Taxes Prorated
$913.97
Property Taxes 2nd Half 22-23
($1,848.48)
County Transfer Tax
($1,868.90)
Title Fees
($3,795)
Escrow Fees
($4,352.70)
Home Warranty Plan Estimated
($700)
Natural Hazard Disclosure Estimated
($99)
Notary & Signing Fee
($45)
Listing Broker Fee (2.5%)
($42,475)
Seller Broker Fee (2.5%)
($42,475)
Subtotals:
$97,659.08
Estimated Equity To Seller
$1,602,254.89
Charles Fisher | RE/MAX Estate Properties
$1,699,913.97
More Information
Table Of Contents • Understanding Living Trusts • Life Of An Escrow • Who Pays What? • Closing Costs • Understanding Title Insurance • The Preliminary Report • Understanding Home Warranty • Terms
Charles Fisher | RE/MAX Estate Properties Charles Fisher | RE/MAX Estate Properties
Understanding Living Trusts Estate planners often recommend “Living Trusts” as a viable option when contemplating the manner in which to hold title to real property. When a property is held in a Living Trust, title companies have particular requirements to facilitate the transaction. While not comprehensive, following are answers to many commonly asked questions. If you have questions that are not answered below, your title company representative may be able to assist you, however, one may wish to seek legal counsel.
Who are the Parties to a Trust?
What Taxes Can I Avoid by Putting My Property in Trust?
A typical trust is the family trust in which the husband and wife are the trustees and, with their children, the beneficiaries. Those who establish the trust and transfer their property into it are known as trustors or settlors. The settlors usually appoint themselves as trustees and they are the primary beneficiaries during their lifetime. After their passing, their children and grandchildren usually become the primary beneficiaries if the trust is to survive, or the beneficiaries receive distributions directly from the trust if it is to close out.
Married persons can usually exempt a significant part of their assets from taxation and may postpone taxes after the first of them to die passes. You should check with your attorney or accountant before taking any action.
Can I Homestead Property Which is Held in a Trust? Yes, if the property otherwise qualifies.
Can a Trustee Borrow Money Against the Property?
What is a Living Trust? Sometimes called an Inter-vivos Trust, the Living Trust is created during the lifetime of the settlors (as opposed to being created by their wills after death) and usually terminates after they die and the body of the trust is distributed to their beneficiaries.
Can a Trust Hold Title to Real Property? No. The trustee holds the property on behalf of the trust.
Is a Trust the Best Way to Hold My Property? Only your attorney or accountant can answer the question; some common reasons for holding property in a trust are to minimize or postpone death taxes, to avoid a time consuming probate, and to shield property from attack by certain unsecured creditors.
A trustee can take any action permitted by the terms of the trust, and the typical Trust Agreement does give the trustee the authority to borrow and encumber real property. However, not all lenders will lend on a property held in trust, so check with your lender first.
Can Someone Else Hold Title For Me “In Trust?” Some people who do not wish their names to show as titleholders make private arrangements with a third party trustee; however, such an arrangement may be illegal, and is always inadvisable because the trustee of record is the only one who is empowered to convey, or borrow against, the property, and a title insurer cannot protect you from a trustee who is not acting in accordance with your wishes despite the existence of a private agreement you have with the trustee. The information contained in this flyer has been supplied by CLTA: www.clta.org
TEAM BEN AND GRANT BEN HSU VICE PRESIDENT, SALES
310.435.8951 | bhsu@firstam.com
GRANT ALLEY VICE PRESIDENT, SALES
310.493.8438 | galley@firstam.com www.firstamlosangeles.com/benandgrant
Charles Fisher | RE/MAX Estate Properties
First American Title Insurance Company, and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates.
07100970320
©2022 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE: FAF
The Life Of An Escrow THE BUYER
THE SELLER
THE ESCROW OFFICER
Chooses a Real Estate Agent
Chooses a Real Estate Agent
Upon receipt of order and earnest money deposit, orders title examination.
Gets pre-approval letter from Lender and provides to Real Estate Agent.
Accepts Buyer’s offer to purchase.
Makes offer to purchase. Upon acceptance, opens escrow and deposits earnest money.
Finalizes loan application with Lender. Receives a Loan Estimate from Lender.
Completes and returns opening package from First American Title.
Schedules inspections and evaluates findings. Reviews title commitment/ preliminary report.
Provides all requested paperwork to Lender (bank statements, tax returns, etc.) All invoices and final approvals should be to the lender no later than 10 days prior to loan consummation.
Lender (or Escrow Officer) prepares CD and delivers to Buyer at least 3 days prior to loan consummation.
Escrow officer or real estate agent contacts the buyer to schedule signing appointment.
Buyer consummates loan, executes settlement documents, & deposits funds via wire transfer.
Documents are recorded and the keys are delivered!
CA Buyers Guide | 6
Completes and returns opening package from First American Title, including information such as forwarding address, payoff lender contact information and loan numbers.
Orders any work for inspections and/or repairs to be done as required by the purchase agreement.
Escrow officer or real estate agent contacts the seller to schedule signing appointment.
Documents are recorded and all proceeds from sale are received.
Requests necessary information from buyers and sellers via opening packages.
Reviews title commitment / preliminary report.
Upon receipt of opening packages, orders demands for payoffs. Contacts buyer or seller when additional information is required for the title commitment/ preliminary report.
All demands, invoices, and fees must be collected and sent to lender at least 10 days prior to loan consummation.
Coordinates with lender on the preparation of the CD.
Reviews all documents, demands, and instructions and prepares settlement statements and any other required documents.
Schedules signing appointment and informs buyer of funds due at settlement.
Once loan is consummated, sends funding package to lender for review.
Prepares recording instructions and submits docs for recording.
Documents are recorded and funds are disbursed. Issues final settlement statement.
Charles Fisher | RE/MAX Estate Properties
THE LENDER Accepts Buyer’s application and begins the qualification process. Provides Buyer with Loan Estimate.
Orders and reviews title commitment / preliminary report, property appraisal, credit report, employment and funds verification.
Collects information such as title commitment / preliminary report, appraisal, credit report, employment and funds verification. Reviews and requests additional information for final loan approval.
Underwriting reviews loan package for approval.
Coordinates with Escrow Officer on the preparation of the Closing Disclosure, which is delivered to Buyer at least 3 days prior to loan consummation.
Delivers loan documents to escrow.
Upon review of signed loan documents, authorizes loan funding. Practices vary by state and are subject to local laws and customs.
W H O PAY S W H AT ? A GUIDE TO CLOSING COSTS IN CALIFORNIA WHAT T O E X P E C T AT T H E E S CRO W CLO S ING
THE SELLER CAN GENERALLY EXPECT TO PAY FOR
THE BUYER CAN GENERALLY EXPECT TO PAY FOR
Real estate commission
ALTA Loan Title Insurance Policy
ALTA Owners Title Insurance Policy (varies by county)
Escrow fee (varies by county)
Escrow fee (varies by county)
Buyer’s portion of sub-escrow fees
Seller’s portion of sub-escrow fees
Notary fees
Notary fees
Recording charges for all documents in buyers’ names
Document transfer tax ($1.10 per $1,000 of sales price)
All new loan charges (except those required by lender for seller to pay)
Any loan fees required by buyer’s lender (or existing loan balance if being assumed by buyer)
Interest on new loan from date of funding to one month prior to first payment date
Interest accrued to payoff lender, statement fees, reconveyance fees and prepayment penalties
Assumption/change of records fees for takeover of existing loan
Any judgments, tax liens, etc., against the seller
Beneficiary statement fee for assumption of existing loan
Recording charges to clear all documents of record against the seller
Tax-proration (from date of acquisition)
Payoff of all loans in seller’s name
Any and all delinquent taxes
Homeowner’s transfer fee
Tax proration (for any taxes unpaid at the time of transfer of title)
Inspection fees (roofing, geological, property inspection, etc.)
Any unpaid homeowner’s dues
Fire insurance premium for first year
NEGOTIATED UNDER CONTRACT OR DEPENDENT ON LOCAL CUSTOM Title Policy Fees
Termite inspection
Home warranty
Escrow fees
Termite work
Any bonds or assessments
Any city transfer/conveyance tax
This information is reflective of customary practice only. Actual fees will be charged as per the terms of the contract.
TEAM BEN AND GRANT BEN HSU VICE PRESIDENT, SALES
310.435.8951 | bhsu@firstam.com
GRANT ALLEY VICE PRESIDENT, SALES
310.493.8438 | galley@firstam.com www.firstamlosangeles.com/benandgrant
Charles Fisher | RE/MAX Estate Properties
First American Title Insurance Company, and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates.
07133591016
©2023 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE: FAF
CLOSING COSTS: W HO PAYS WHAT IN CA LIF O RNIA These Closing Costs are reflective of current customary practices within the state of California and all items are subject to change without notice. COUNTY
CONTACT
ESCROW CHARGES/FEES
TITLE FEE (OWNER'S POLICY)
COUNTY TRANSFER TAX PER THOUSAND
Buyer
Buyer
Seller - $1.10
510.272.6362 / 888.280.7708 / www.co.alameda.ca.us
Alameda
CITY TRANSFER TAX Split - Buyer/Seller: Alameda $12.00/$1,000 Albany $15.00/$1.000 Berkeley Full Value of $1,800,000 or less, 1.5%, ($15.00 per $1,000.00) | Full Value Above $1,800,000, 2.5%, ($25.00 per $1,000.00) Emeryville Full value less than $1,000,000, 1.2% ($12.00 per $1,000.00) | Full value $1,000,000 to $2,000,000, 1.5% ( $15.00 per $1,000.00) | Full value $2,000,000 and above, 2.5% ($25.00 per $1,000.00 Hayward Increased to $8.50 per $1,000.00 of Full Value Oakland Full Value of $300,000 or less, 1%, ($10.00 per $1,000.00) | Full Value $300,001 to $2,000,000, 1.5%, ($15.00 per $1,000.00) Full Value $2,000,001 to $5,000,000, 1.75%, ($17.50 per $1,000.00) | Full Value Above $5,000,000, 2.5%, ($25.00 per $1,000.00) Piedmont $13.00/$1,000 San Leandro $11.00/$1,000
Alpine
530.694.2286 / www.co.alpine.ca.us
Split - Buyer/Seller
Buyer
Seller - $1.10
Amador
209.223.6468 / www.co.amador.ca.us
Split - Buyer/Seller
Buyer
Seller - $1.10
Butte
530.538.7691 / www.buttecounty.net
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
Calaveras
209.754.6372 / www.co.calaveras.ca.us/cc
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
Colusa
530.458.0500 / www.colusacountyclerk.com
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
925.335.7900 / www.co.contra-costa.ca.us
Buyer
Buyer
Seller - $1.10
Contra Costa
CITY TRANSFER TAX Split - Buyer/Seller: Richmond Full Value $100 to $999,999 0.70% ($7.00 per $1,000.00) | Full Value $1,000,000 to $2,999,999 1.25% ($12.50 per $1,000.00) Full Value $3,000,000 to $9,999,999 2.50% ($25.00 per $1,000.00) | Full Value $10,000,000 and Above 3.00% ($30.00 per $1,000.00 El Cerrito $12.00 per $1,000.00 of Full Value
Del Norte
707.464.7216 / www.co.del-norte.ca.us
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
El Dorado
530.621.5490 / co.el-dorado.ca.us
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
Fresno
559.488.3534 / www.co.fresno.ca.us
Split - Buyer/Seller
Seller
Seller - $1.10
Glenn
530.934.6412 / www.countyofglenn.net
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
Humboldt
707.445.7593 / co.humboldt.ca.us
Split - Buyer/Seller
Seller
Seller - $1.10
Imperial
760.482.4272 / www.co.imperial.ca.us
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
Inyo
760.878.0222 / www.inyocounty.us
Split - Buyer/Seller
Seller
Seller - $1.10
Kern
661.868.6400 / www.co.kern.ca.us
Split - Buyer/Seller
Seller Split: Ridgecrest
Seller - $1.10
Kings
559.582.2311 Ext. 2470 / ww.countyofkings.com
Split - Buyer/Seller
Seller
Seller - $1.10
Lake
707.263.2293 / www.co.lake.ca.us
Buyer
Buyer
Seller - $1.10
Lassen
530.251.8234 / www.lassencounty.org
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
800.815.2666 / lacounty.gov
Split - Buyer/Seller
Seller
Seller - $1.10
Los Angeles
CITY TRANSFER TAX Culver City $4.50/$1,000 Los Angeles $4.50/$1,000 Pomona $2.20/$1,000 Redondo Beach $2.20/$1,000 Santa Monica $3.00/$1,000
Madera
559.675.7720 / www.madera-county.com
Marin
415.499.6092 / www.co.marin.ca.us
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
Buyer
Buyer
Seller - $1.10
CITY TRANSFER TAX Seller pays: San Rafael $2.00/$1,000
Mariposa
209.966.2332 / www.mariposacounty.org
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
Mendocino
707.234.6823 / www.co.mendocino.ca.us
Buyer
Buyer
Seller - $1.10
Merced
209.385.7501 / www.co.merced.ca.us
Split - Buyer/Seller
Split - Buyer/Seller
Seller - $1.10
TEAM BEN AND GRANT BEN HSU VICE PRESIDENT, SALES
310.435.8951 | bhsu@firstam.com
GRANT ALLEY VICE PRESIDENT, SALES
Charles Fisher | RE/MAX Estate Properties | galley@firstam.com 310.493.8438 www.firstamlosangeles.com/benandgrant
Understanding Title Insurance The Title Industry & Title Insurance in Brief
Prior to the development of the title industry in the late 1800s, a home-buyer received a grantor’s warranty, attorney’s title opinion, or abstractor’s certificate as assurance of home ownership. The buyer relied on the financial integrity of the grantor, attorney, or abstractor for protection. Today, home-buyers look primarily to title insurance to provide this protection. Title insurance companies are regulated by state statute. They are required to post financial guarantees to ensure that any claims will be paid in a timely fashion. They also must maintain their own “title plants” which house duplicates of recorded deeds, mortgages, plats, and other pertinent county property records. WHAT IS TITLE INSUR ANCE? Title insurance provides coverage for certain losses due to defects in the title that, for the most part, occurred prior to your ownership. Title insurance protects against defects such as prior fraud or forgery that might go undetected until after closing and possibly jeopardize your ownership and investment.
WHY IS TITLE INSUR ANCE NEEDED? Title insurance insures buyers against the risk that they did not acquire marketable title from the seller. It is primarily designed to reduce risk or loss caused by defects in title from the past. A loan policy of title insurance protects the interest of the mortgage lender, while an owner’s policy protects the equity of you, the buyer, for as long as you or your heirs (in certain policies) own the real property.
WHEN IS THE PREMIUM DUE? You pay for your owner’s title insurance policy only once, at the close of escrow. Who pays for the owner’s policy and loan policy varies depending on local customs.
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Charles Fisher | RE/MAX Estate Properties
THE PRELIMINARY REPORT Once you’ve opened escrow on a property, you will receive a preliminary report that describes the terms under which a title insurance policy will be issued for a specific parcel of land. It’s important to review this report so you understand any exceptions or exclusions from the title policy prior to completing your purchase.
WHAT IS A PRELIMINARY REPORT? A preliminary report shows the ownership of a specific parcel of land, together with the liens and encumbrances tied to the property that will not be covered under a subsequent title insurance policy.
WHAT ROLE DOES A PRELIMINARY REPORT PLAY IN THE REAL ESTATE PROCESS? While every property will have some exceptions, certain exceptions must be removed before a title policy can be issued. The preliminary report provides an opportunity for the parties to the real estate transaction and their agents to review and discuss items referenced in the report that are objectionable to the buyer prior to purchase.
WHEN AND HOW IS THE PRELIMINARY REPORT PRODUCED? Shortly after escrow opens, the title company will begin assembling and reviewing certain recorded matters related to the property and the parties to the transaction. This may include things like a deed of trust recorded against the property or a lien recorded against the buyer or seller for an unpaid court award or unpaid taxes. These recorded matters are then listed numerically as “exceptions” in the preliminary report.
TEAM BEN AND GRANT BEN HSU VICE PRESIDENT, SALES 310.435.8951 | bhsu@firstam.com GRANT ALLEY VICE PRESIDENT, SALES 310.493.8438 | galley@firstam.com www.firstamlosangeles.com/benandgrant
Charles Fisher | RE/MAX Estate Properties
First American Title Insurance Company, and the operating divisions thereof, make no express or implied warranty respecting the information presented and assume no responsibility for errors or omissions. First American, the eagle logo, First American Title, and firstam.com are registered trademarks or trademarks of First American Financial Corporation and/or its affiliates. 07220120519
©2023 First American Financial Corporation and/or its affiliates. All rights reserved. NYSE: FAF
THE PRELIMINARY REPORT
WHAT SHOULD I LOOK FOR WHEN READING MY PRELIMINARY REPORT? You will be primarily interested in the extent of your ownership rights, so first review the ownership interest in the property you will be buying. The name of the owner of record shown in the report should match the name of the seller on your transaction. If the names don’t match, contact your escrow or title officer. You will also see the statement of vesting, which shows the form of the owner’s interest in the real property. “Fee” or “fee simple” is the highest type of ownership interest an owner can have. In some transactions, the interest might be a lease hold estate. Next, you’ll see a reference to the legal description of the property, which is typically included in a separate schedule. There may also be a plat map or assessor’s map illustrating the location of the property. Finally, the report will reflect the exceptions, or those matters that will not be covered by the title insurance policy. Any transfer or encumbrance of this property will be subject to these exceptions unless steps are taken to eliminate them. Common exceptions include: Claims by creditors who have liens or liens for payment of taxes or assessments Rules and regulations known as covenants, conditions and restrictions (CC&Rs) that must be followed by every homeowner in a covered community Easements that give another party a right or interest in a property, such as providing a utility company access to install and maintain equipment or allowing a neighbor to cross over the property to gain access to their property A deed of trust for any existing loan against the property Every title insurance policy will also contain an exhibit that lists exclusions from coverage. While the exceptions above are generally related to the subject property, exclusions are preprinted limitations on coverage that are included in all policies of the same type. It’s important to review this section, as it sets forth matters that will not be covered by your title insurance policy but that you may wish to investigate, such as governmental laws or regulations governing building and zoning. If you have questions about the preliminary report, contact your title representative or escrow officer.
IS A PRELIMINARY REPORT THE SAME THING AS TITLE INSURANCE? No. A preliminary report is simply a statement of terms and conditions of the offer to issue a title insurance policy; it is not a representation as to the condition of title. No contract or liability exists until the title insurance policy is issued.
Charles Fisher | RE/MAX Estate Properties
Understanding Home Warranty A home warranty plan covers a variety of mechanical, electrical, and plumbing items, as well as some appliances. Optional coverage may be available for additional items such as air conditioners, refrigerators, pools, and spas. The seller may purchase a home warranty plan prior to sale to protect against repairs needed during the listing period, and the buyer may be able to assume the plan at the close of escrow. Or the seller may offer to purchase a home warranty plan for the buyer. Offering a home warranty plan may provide these benefits: Increase the marketability of your home by reassuring potential buyers Help sell your home faster and at a higher price Ward off potential disputes after the sale for repair and/or replacement of covered items Most home warranty plans can be paid for at the close of escrow. A copy of the invoice is presented to the escrow company.
Understanding the Appraisal Process
Understanding the Escrow Process
If the buyer is securing a new loan to purchase your home, the buyer’s lender will require an appraisal to determine the fair market value of the property. A licensed appraiser will research nearby houses that have sold recently, usually in the last six months, and are similar to yours in size, age, construction, and amenities.
An escrow is a process wherein the buyer and seller deposit written instructions, documents, and funds with a neutral third party until certain conditions are fulfilled. It enables the parties to the escrow to deal with each other without risk, provides an accounting of all the funds deposited in the escrow, and provides the buyer and the seller with a settlement statement. In a real estate transaction, the buyer does not pay the seller directly for the property. The buyer deposits the funds to an escrow holder. The escrow holder, acting as a neutral third party, verifies that a title insurance policy can be issued pursuant to the terms of the contract. Then, the escrow holder arranges for the documents transferring title to the property to the buyer to be recorded, for the issuance of the title policy, pays any liens and all the costs associated with the sale that are chargeable to the buyer and seller, and disburses the sales proceeds to the seller. If the buyer gets a new loan, then the lender’s money is deposited into the escrow and the lender’s security documents are recorded at the same time as the deed.
The appraiser will make an appointment to see your home and will take about 30 minutes to an hour to look over the property. He or she will measure your home, draw a representative floor plan, take photographs inside and out, and review the property’s condition, specific improvements, and amenities. The appraiser will provide a typed appraisal report to the buyer’s lender within a few days after visiting your property. You will be notified if the lender requires repairs before they will lend on your home. If repairs are required, the appraiser will have to return to review the repairs and a re-inspection fee may be charged.
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Consider This One escrow transaction could involve more than 20 individuals, including real estate agents, buyers, sellers, attorneys, escrow officer, escrow technician, title officer, loan officer, loan processor, loan underwriter, home inspector, termite inspector, insurance agent, home warranty representative, contractor, roofer, plumber, pool service, and so on. And often, one transaction depends on another. When you consider the number of people involved, you can imagine the opportunities for delays and mishaps. Your experienced escrow team can’t prevent unforeseen problems from arising; however, they can help smooth out the process.
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Terms You Should Know Appraisal
Endorsement
An estimate of value of property resulting from analysis of facts about the property; an opinion of value.
As to a title insurance policy, a rider or attachment forming a part of the insurance policy expanding or limiting coverage.
Annual Percentage Rate (APR)
Hazard Insurance
The borrower’s costs of the loan term expressed as a rate. This is not their interest rate.
Real estate insurance protecting against fire, some natural causes, vandalism, etc., depending upon the policy. Buyer often adds liability insurance and extended coverage for personal property.
Beneficiary The recipient of benefits, often from a deed of trust; usually the lender.
Closing Disclosure (CD) Closing Disclosure form designed to provide disclosures that will be helpful to borrowers in understanding all of the costs of the transaction. This form will be given to the consumer three (3) business days before closing.
Close of Escrow Generally the date the buyer becomes the legal owner and title insurance becomes effective.
Comparable Sales Sales that have similar characteristics as the subject real property, used for analysis in the appraisal. Commonly called “comps.”
Consummation
Impounds A trust type of account established by lenders for the accumulation of borrower’s funds to meet periodic payments of taxes, mortgage insurance premiums and/or future insurance policy premiums, required to protect their security.
Legal Description A description of land recognized by law, based on government surveys, spelling out the exact boundaries of the entire parcel of land. It should so thoroughly identify a parcel of land that it cannot be confused with any other.
Lien A form of encumbrance that usually makes a specific parcel of real property the security for the payment of a debt or discharge of an obligation. For example, judgments, taxes, mortgages, deeds of trust.
Loan Estimate (LE)
Occurs when the borrower becomes contractually obligated to the creditor on the loan, not, for example, when the borrower becomes contractually obligated to a seller on a real estate transaction. The point in time when a borrower becomes contractually obligated to the creditor on the loan depends on applicable State law. Consummation is not the same as close of escrow or settlement.
Form designed to provide disclosures that will be helpful to borrowers in understanding the key features, costs and risks of the mortgage loan for which they are applying. Initial disclosure to be given to the borrower three (3) business days after application.
Deed of Trust
The instrument by which real property is pledged as security for repayment of a loan.
An instrument used in many states in place of a mortgage.
Deed Restrictions Limitations in the deed to a parcel of real property that dictate certain uses that may or may not be made of the real property.
Disbursement Date The date the amounts are to be disbursed to a buyer and seller in a purchase transaction or the date funds are to be paid to the borrower or a third party in a transaction that is not a purchase transaction.
Mortgage
PITI A payment that includes Principal, Interest, Taxes, and Insurance.
Power of Attorney A written instrument whereby a principal gives authority to an agent. The agent acting under such a grant is sometimes called an “Attorney-in-Fact.”
Recording
Earnest Money Deposit
Filing documents affecting real property with the appropriate government agency as a matter of public record.
Down payment made by a purchaser of real property as evidence of good faith; a deposit or partial payment.
Settlement Statement
Easement
Provides a complete breakdown of costs involved in a real estate transaction.
A right, privilege or interest limited to a specific purpose that one party has in the land of another.
TRID TILA-RESPA Integrated Disclosures
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Thank You
Charles Fisher 310.902.7214 Charles@FisherRealEstate.com www.FisherRealEstate.com
Lic #: 01731424