NOT LISTED FOR SALE

1535 Michael Ln Pacific Palisades, CA 90272

Estimated Value: $1,448,000 - $1,489,000

3 Beds
2.5 Baths
1,857 Sq Ft
$790/Sq Ft Est. Value

Last Sold January 02, 2014

Last sale price $930,000 $501 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $9,956/month

14 Days on Market

Highlights

  • 24-Hour Security
  • 333,289 Sq Ft lot
  • Wood Flooring
  • In Ground Pool
  • Mountain View
  • 3-minute walk to Santa Ynez Canyon Park

About This Home

As of January 2014

Tastefully remodeled (2010) townhome with unobstructed views of the Santa Monica Mountains. Highly coveted unit with three bedrooms upstairs, including master with ensuite bath, spacious walk-in closets and gas-burning fireplace. The other two bedrooms share a sparkling new bathroom, and there is a custom kitchen with all-new KitchenAid stainless steel appliances. Custom wood shutters cover every window and distressed dark walnut hardwood floors are featured throughout. Attached garage includes newly-purchased washer/dryer. Amenities include gated pool, jacuzzi and exercise room with sauna. Please see private remarks for showings.

Last Agent to Sell the Property

Mary Mortensen

Berkshire Hathaway HomeServices California Properties License #01915440 Listed on: 12/05/2013

Last Buyer's Agent

Mary Beth Woods

Coldwell Banker Realty License #00470539

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,501

Year Built

  • Built in 1977

Lot Details

  • 7.65 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 1,857 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Entryway
  • Dining Area
  • Mountain Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Powder Room

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4431-015-070

Community Details

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • 71 Units
  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,501

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Mediterranean
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Highlands Villas Association
  • Entry Floor: 1
  • Living Area: 1857
  • Planned Urban Dev: 1
  • Unit Floor In Building: 1
  • Year Built: 1977
  • Builders Tract Name: Palisades Highlands
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Remote Controls: 1
  • Fireplace Rooms: Gas, Gas and Wood
  • Flooring: Carpet, Hardwood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 498.12

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Attached
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • Assessments: none
  • HOA Fees: 490.00
  • HOA Fees: 490.00

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4431-015-070
  • Geocode Override: No
  • Lot Size Area: 333289

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
Fry Patricia
Bought by
Fry Speed Smith
Current Estimated Value
$1,552,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2018
Sold by
Fry Speed S and Fry Patricia
Bought by
Fry Speed S and Fry Paticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2017
Sold by
Keefe Mary Margaret O and Narcisse S Garnier Trust
Bought by
Fry Speed S and Fry Patricia

Purchase Details

Listed on
Dec 5, 2013
Closed on
Dec 20, 2013
Sold by
Helper Stephanie M
Bought by
Keefe Mary Margaret O and The Narcisse S Garnier Trust
Seller's Agent
Mary Mortensen
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Mary Beth Woods
Coldwell Banker Realty
List Price
$925,000
Sold Price
$930,000
Premium/Discount to List
$5,000
0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.01%

Purchase Details

Closed on
Jul 20, 2010
Sold by
Meister David L and Meister Joan E
Bought by
Helper Stephanie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 1998
Sold by
Ross Douglas L and Wallace C Ross Trust
Bought by
Meister David L and Meister Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,150
Interest Rate
6.9%

Purchase Details

Closed on
Nov 11, 1996
Sold by
Ross Dorothy J Tr Dorothy J Ross Trust
Bought by
Ross Wallace C and Wallace C Ross Trust Of 1985

Purchase Details

Closed on
Jul 26, 1995
Sold by
Ross Dorothy J and Adair Dorothy J
Bought by
Ross Dorothy J and Dorothy J Ross Trust
Source: Public Records

Range of Values:

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Average Value
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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
Fry Speed Smith $580,000 Lawyers Title Company
Fry Speed S -- Corinthian Title Company Inc
Fry Speed S -- Corinthian Title Company
Keefe Mary Margaret O $930,000 California Title Company
Helper Stephanie M $745,000 California Title Company
Meister David L $390,000 Equity Title Company
Ross Wallace C -- --
Ross Dorothy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fry Speed Smith $500,000
Closed Fry Speed Smith $464,000
Previous Owner Fry Speed S $600,000
Previous Owner Fry Speed S $460,000
Previous Owner Helper Stephanie M $50,000
Previous Owner Helper Stephanie M $495,000
Previous Owner Meister David L $213,000
Previous Owner Meister David L $227,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2014 01/02/14 Sold $930,000 +0.5% $501 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
12/05/2013 12/05/13 For Sale $925,000 -- $498 / Sq Ft
Source: The MLS

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 $17,501 $1,378,477 $681,932 $696,545
2024 $17,501 $1,432,630 $742,845 $689,785
2023 $17,163 $1,404,540 $728,280 $676,260
2022 $16,365 $1,377,000 $714,000 $663,000
2021 $16,164 $1,350,000 $700,000 $650,000
2020 $16,769 $1,379,570 $689,785 $689,785
2019 $16,097 $1,352,520 $676,260 $676,260
2018 $16,018 $1,326,000 $663,000 $663,000
2016 $11,693 $963,045 $701,263 $261,782
2015 $11,522 $948,580 $690,730 $257,850
2014 -- $778,615 $531,758 $246,857
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mary Mortensen

    Berkshire Hathaway HomeServices California Properties

    Section Image
  • Mary Beth Woods

    Buyer's Agent in 2014

    Mary Beth Woods

    Coldwell Banker Realty

    (310) 463-1599

    13 in this area

    67 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 13-722219

The MLS

APN: 4431-015-070

California Los Angeles County Pacific Palisades 90272

1535 Michael Ln, Pacific Palisades, CA

This home is located at 1535 Michael Ln, Pacific Palisades, CA 90272 since 05 December 2013 and is currently estimated at $1,467,848, approximately $790 per square foot. This property was built in 1977. 1535 Michael Ln is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter High, and Calvary Christian School.

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