NOT LISTED FOR SALE

1544 Michael Ln Pacific Palisades, CA 90272

Estimated Value: $1,498,000 - $1,767,815

3 Beds
3.5 Baths
2,435 Sq Ft
$660/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $1,720,000 $706 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $11,164/month

19 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Open Floorplan
  • In Ground Pool
  • 9.19 Acre Lot
  • Canyon View

About This Home

As of October 2022

This bright, open, and contemporary floor plan welcomes you with gorgeous mountain views of the Palisades Highlands. Each of the 3 levels of this nearly 2,500 square foot town home connects you outside. Find your bliss in this turn-key, move-in ready home. All 3 bedrooms on the top floor have blackout shades. The large primary suite boasts a 15-foot vaulted ceiling, gas fireplace, private balcony with mountain views, and a renovated en suite bathroom with two sinks, double soaking tub and walk-in shower. The walk-in closet is fully designed with attic access. The 2 additional large bedrooms, each with 15-foot vaulted ceilings, are situated across from a shared bathroom. A large skylight bathes the home with diffused natural light down the open stairwell. The middle level is perfect for entertaining with a Tuscan-style, open kitchen overlooking the dining and living rooms. Beside the wood-burning fireplace in the living room, enjoy the mountain breezes and views on the large balcony. The powder room includes a new vanity, sink, mirror, and lighting fixture. The updated kitchen has a large central island with stainless steel sinks, a new dishwasher, and conveniently located electric double ovens adjacent to a large counter with central cook-top. Over 140 cubic feet of cabinet space fulfills all your kitchen storage needs. Unload the groceries directly from car-to-kitchen from the 2-car garage. In the garage, brand new doors tastefully cover the washer/dryer, water heater, H VAC unit, and storage space. Floating floor tiles clean to a shine. The lower level is a versatile entertainment room with new Italian floor tiles and built-in entertainment center. Close the French doors, lower the custom-made, solid-wood Murphy bed, and create a guest bedroom suite with renovated bathroom. The lower level opens to a private patio with natural gas connection. This home includes energy-efficient double paned windows/sliding doors, new door handles, and updated light fixtures. Steps away from the garage is the renovated gym and steam room by the outdoor heated pool and spa. Location is 4 min. from the beach, 2 min. to hiking trails, and 7 min. from Palisades Village shops/restaurants. HOA member of the Palisades Drive Recreation private playground/park/dog park.

Last Agent to Sell the Property

Mark Welling

REMAX Empower License #00975125 Listed on: 08/25/2022

REMAX Empower

Last Buyer's Agent

Jai Winding

Compass License #01414245

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,390

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • South Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Canyon
  • Mountain

Home Design

  • Mediterranean Architecture
  • Turnkey
  • Concrete Roof

Interior Spaces

  • 2,435 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Cathedral Ceiling
  • Ceiling Fan
  • Track Lighting
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Tinted Windows
  • Custom Window Coverings
  • Blinds
  • Window Screens
  • ENERGY STAR Qualified Doors
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Den

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Convection Oven
  • Built-In Range
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Self-Closing Drawers
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Low Flow Toliet
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer

Home Security

Pool

  • In Ground Pool
  • In Ground Spa
  • Gas Heated Pool

Outdoor Features

  • Open Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Central Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Parking
  • ENERGY STAR Qualified Equipment for Heating
  • Property is near a park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31074
  • Assessor Parcel Number 4431015107
  • $323 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 110 Units
  • Michael Lane Viills Association, Phone Number (818) 907-6622
  • Palisades Drive Recreation Association. Association, Phone Number (818) 712-9532
  • Ross Morgan & Company HOA

Amenities

  • Sauna

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Dog Park
  • Hiking Trails

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,390

Year Built

Built in 1979

Lot Details

0

HOA Fees

$620 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LARD3
  • Architectural Style: Mediterranean
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 4431015107
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2435.00 Square Feet
  • Interior Amenities: 2 Staircases, Cathedral Ceiling(s), Ceiling Fan(s), Granite Counters, High Ceilings, Open Floorplan, Pantry, Track Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: ENERGY STAR Qualified Doors
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Family Room, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 706.37
  • Room Type: All Bedrooms Up, Den, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Spa Features: Association, In Ground
  • Window Features: Blinds, Custom Covering, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Screens, Tinted Windows
  • Bathroom Features: Low Flow Toilet(s), Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Separate Tub And Shower, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Kitchen Open To Family Room, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Exterior Features: Lighting
  • View: Canyon, Mountain(s)
  • Patio And Porch Features: Patio, Patio Open, Front Porch
  • Pool Features: Association, Gas Heat, In Ground
  • Pool Private: No
  • Roof: Concrete
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage Door Opener, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Connected, Phone Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Convection Oven, Dishwasher, Double Oven, Electric Range, ENERGY STAR Qualified Appliances, Disposal, Gas Cooktop, Gas Water Heater, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater Central
  • Heating Type: Central, ENERGY STAR Qualified Equipment, Fireplace(s), Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Palisades Drive Recreation Association.
  • Amenities: Spa/Hot Tub, Sauna, Gym/Ex Room, Pets Permitted, Call for Rules, Maintenance Front Yard
  • Association Fee: 595.00
  • Association #2 Fee: 75.00
  • Association #2 Fee Frequency: Quarterly
  • Association Fee Frequency: Monthly
  • Association Name: Michael lane viills
  • Phone: 8189076622ex209
  • Association Phone #2: 8187129532
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Dog Park, Hiking, Street Lights
  • Association Management: Ross morgan & company

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 400173.00
  • Lot Size Acres: 9.1867

Multi Family

  • Lease Considered: No
  • Lot Size Area: 400173.0000 Square Feet
  • Number Of Units In Community: 110
  • Number Of Units Total: 110

Tax Info

  • Tax Census Tract: 2626.01
  • Tax Lot: 1
  • Tax Tract Number: 31074
  • TaxOtherAnnualAssessmentAmount: 323.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2022
Closed on
Sep 15, 2022
Sold by
Tyer Family Trust
Bought by
Grigsby Channing and Mcguire Michael
Seller's Agent
Mark Welling
REMAX Empower
Buyer's Agent
Jai Winding
Compass
List Price
$1,788,000
Sold Price
$1,720,000
Premium/Discount to List
-$68,000
-3.8%
Views
23
Current Estimated Value
$1,607,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$112,062
Avg. Annual Appreciation
-0.71%
Original Mortgage
$1,376,000
Outstanding Balance
$1,315,745
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$369,527

Purchase Details

Closed on
Jul 8, 2020
Sold by
Popkin Joshua and Popkin Wendy
Bought by
Tyer Ethan J and Tyer Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,282,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2016
Sold by
Popkin Joshua and Popkin Wendy
Bought by
Popkin Joshua and Popkin Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2014
Sold by
Popkin Joshua and Popkin Wendy
Bought by
Popkin Joshua and Popkin Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 11, 2011
Sold by
Popkin Joshua and Barlin Wendy
Bought by
Popkin Joshua and Barlin Wendy

Purchase Details

Closed on
Feb 2, 2011
Sold by
Brumfield Maria Cherkashina and Brumfield Maria V Cherkashina
Bought by
Popkin Joshua and Barlin Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,250
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2011
Sold by
Brumfield Erron James
Bought by
Brumfield Maria V Cherkashina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,250
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2005
Sold by
Brumfield Maria V Cherkashina
Bought by
Brumfield Erron James and Brumfield Maria V Cherkashina

Purchase Details

Closed on
Feb 16, 1999
Sold by
Luna Roberto R and Aldanese Wilmina
Bought by
Brumfield Maria V Cherkashina

Purchase Details

Closed on
Dec 10, 1996
Sold by
Rill Ethan and Michael Rill Allison
Bought by
Luna Roberto R and Aldanese Wilmina

Purchase Details

Closed on
Jul 30, 1993
Sold by
Rittenhouse Harry and Rittenhouse Judith
Bought by
Rill Ethan and Rill Michael Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,600
Interest Rate
4.5%
Source: Public Records

Range of Values:

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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
Grigsby Channing $1,720,000 Chicago Title
Tyer Ethan J $1,425,000 Usa National Title Company
Popkin Joshua -- Title 365
Popkin Joshua -- Accommodation
Popkin Joshua -- None Available
Popkin Joshua $795,000 Equity Title Los Angeles
Brumfield Maria V Cherkashina -- None Available
Brumfield Erron James -- --
Brumfield Maria V Cherkashina $472,000 Commonwealth Land Title Co
Brumfield Maria V Cherkashina -- Commonwealth Land Title Co
Luna Roberto R $403,000 Equity Title Company
Rill Ethan $390,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigsby Channing $1,376,000
Previous Owner Tyer Ethan J $1,282,500
Previous Owner Popkin Joshua $900,000
Previous Owner Popkin Joshua $750,000
Previous Owner Popkin Joshua $755,250
Previous Owner Brumfield Maria V Cherkashina $370,000
Previous Owner Brumfield Erron J $50,000
Previous Owner Brumfield Erron James $254,000
Previous Owner Rill Ethan $350,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $1,720,000 -1.7% $706 / Sq Ft
09/07/2022 09/07/22 Price Changed $1,750,000 -2.1% $719 / Sq Ft
08/25/2022 08/25/22 For Sale $1,788,000 0.0% $734 / Sq Ft
07/13/2018 07/13/18 Rented $6,400 0.0% --
07/02/2018 07/02/18 Price Changed $6,400 -8.6% $3 / Sq Ft
06/12/2018 06/12/18 For Rent $7,000 -- --
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 $21,390 $1,656,599 $1,149,944 $506,655
2024 $21,390 $1,754,400 $1,252,662 $501,738
2023 $20,976 $1,720,000 $1,228,100 $491,900
2022 $17,203 $1,453,500 $1,043,358 $410,142
2021 $16,987 $1,425,000 $1,022,900 $402,100
2020 $11,496 $931,315 $638,450 $292,865
2019 $11,041 $913,055 $625,932 $287,123
2018 $10,894 $895,153 $613,659 $281,494
2016 $10,406 $860,395 $589,831 $270,564
2015 $10,253 $847,472 $580,972 $266,500
2014 $10,287 $830,872 $569,592 $261,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22183701

California Regional Multiple Listing Service (CRMLS)

APN: 4431-015-107