NOT LISTED FOR SALE

1545 Michael Ln Pacific Palisades, CA 90272

Estimated Value: $1,485,000 - $1,647,000

3 Beds
3 Baths
1,852 Sq Ft
$845/Sq Ft Est. Value

Last Sold July 15, 2019

Last sale price $1,350,000 $729 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $10,122/month

12 Days on Market

About This Home

As of July 2019

Wonderful remodeled townhouse located on the rim w/sweeping mountain & canyon views. Large LR w/vaulted ceiling, FP & opens onto an enclosed patio. There is a spacious dining area w/built-in bar w/Frigidaire wine cooler. A grmt kit features a Pentalquartz Calacatta countertop w/brkfst bar, backsplash w/Baroque Series Arizona Tile, 36" Wolf Gas Range, Prostyle Range Hood, Bosch Dishwasher, Sharp Microwave, Samsung 4 dr Refrigerator-Freezer, Kohler sink, Hansgrohe Faucet & Dispenser & an Evolution Supreme Garbage Disposal. The master ste has a vaulted ceiling, walk-in closet & balcony. The master bathrm w/vanity by Wade Logan, backsplash by Arizona Tile, floor & wall tiles by Porcelanosa, Grohe shower system, Kohler toilet & faucet by Hansgrohe. All bathrms are remodeled. There is a custom glass stair rail, recessed lighting & engineered Europian oak hardwd flrs. The water heater, chandeliers, washer & dryer were all replaced. 2-car HOA pays water bill, Community pool, spa & gym.

Last Agent to Sell the Property

Lauren Polan

Coldwell Banker Realty License #00900834 Listed on: 06/06/2019

Coldwell Banker Realty

Last Buyer's Agent

Christina Arechaederra

Keller Williams Los Angeles License #01040589

Keller Williams Los Angeles

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,578

Year Built

1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Building Type: Townhouse
  • Year Built: 1977
  • Price Per Sq Ft: 753.24
  • Unit Floor In Building: 1
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Fireplace: Yes
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator, Washer
  • Flooring: Hardwood, Tile
  • Fireplace Rooms: Living Room
  • Bedrooms: 3
  • Full Bathroom: 2
  • Total Bathrooms: 3.00
  • Three Quarter Bathrooms: 1
  • Laundry: Laundry Area
  • Living Area: 1852

Exterior Features

  • Pool: Community
  • Pool: Yes
  • Balcony: Yes
  • Entry Floor: 1
  • View: Canyon, Mountains, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Details: Direct Entrance, Garage - 2 Car, Garage Is Attached, Private Garage, Side By Side
  • Covered Parking: 2

Utilities

  • Security: Community
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 555.00
  • Complex Name: Highlands Villas
  • HOA: Yes
  • Amenities: Exercise Room, Pool, Spa

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Zoning: LARD3
  • Special Zoning: Property Report
  • Assessor Parcel Number: 4431-015-065
  • Lot Size Area: 333400

Multi Family

  • Number Of Units: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jun 18, 2019
Sold by
Mizrahi Abraham and Mizrahi Sirinun
Bought by
Ratcliffe Robert G and Zirbes Mary Jo
Seller's Agent
Lauren Polan
Coldwell Banker Realty
Buyer's Agent
Christina Arechaederra
Keller Williams Los Angeles
List Price
$1,395,000
Sold Price
$1,350,000
Premium/Discount to List
-$45,000
-3.23%
Current Estimated Value
$1,564,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,359
Avg. Annual Appreciation
2.47%
Original Mortgage
$750,000
Outstanding Balance
$665,069
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$899,290

Purchase Details

Listed on
Jan 27, 2016
Closed on
Feb 24, 2016
Sold by
Ungar Lisa and Wells Fargo Bank Na
Bought by
Mizrahi Abraham and Vibulpatanavong Sirinun
Seller's Agent
Maria Montoya
Compass
Buyer's Agent
Randy Troup
Compass
List Price
$989,000
Sold Price
$975,000
Premium/Discount to List
-$14,000
-1.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$731,250
Interest Rate
3.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ratcliffe Robert G $1,350,000 Equity Title Company
Mizrahi Abraham $975,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zirbes Mary Jo $100,000
Open Ratcliffe Robert G $750,000
Previous Owner Mizrahi Abraham $731,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $1,350,000 -3.2% $729 / Sq Ft
06/18/2019 06/18/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $1,395,000 +43.1% $753 / Sq Ft
03/29/2016 03/29/16 Sold $975,000 -1.4% $526 / Sq Ft
02/20/2016 02/20/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $989,000 -- $534 / Sq Ft
Source: California Desert Association of REALTORS®

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
2024 $17,578 $1,447,470 $643,320 $804,150
2023 $17,237 $1,419,089 $630,706 $788,383
2022 $16,433 $1,391,265 $618,340 $772,925
2021 $16,230 $1,363,986 $606,216 $757,770
2019 $12,348 $1,034,676 $743,694 $290,982
2018 $12,275 $1,014,389 $729,112 $285,277
2016 $11,489 $954,335 $649,760 $304,575
2015 $3,414 $276,776 $129,161 $147,615
2014 $3,432 $271,355 $126,631 $144,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Desert Association of REALTORS®

MLS Number: 19-474756

California Desert Association of REALTORS®

APN: 4431-015-065