NOT LISTED FOR SALE

1551 Michael Ln Pacific Palisades, CA 90272

Estimated Value: $1,282,000 - $1,358,000

3 Beds
2.5 Baths
1,857 Sq Ft
7.65 Acres

Last Sold April 25, 2016

Last sale price $985,000 $530 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $8,214/month

16 Days on Market

Highlights

  • In Ground Pool
  • 333,400 Sq Ft lot
  • Wood Flooring
  • Views of Trees
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture

About This Home

As of April 2016

Beautifully updated, peaceful end unit townhouse in the Palisades Highlands. Hardwood floors throughout. Living room with fireplace and charming private patio. Large dining room with wet bar and updated kitchen with breakfast area. 3 bedrooms, all upstairs, including a spacious master suite with fireplace and 2 walk-in closets. Attached 2-car garage. Beautiful resort-like pool and spa with mountain views.

Last Agent to Sell the Property

Colleen Buerge

Pardee Properties License #01875348 Listed on: 03/09/2016

Last Buyer's Agent

Christin Moses

Berkshire Hathaway HomeServices California Properties License #01140081

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,944

Year Built

  • Built in 1977

Lot Details

  • 7.65

Parking

  • 2 Car Direct Access Garage

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,857 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Views of Trees

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4431-015-062

Community Details

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • 71 Units
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,944

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Street Number Display: Yes
  • Complex Name: Highlands Villas
  • Entry Floor: 1
  • Living Area: 1857
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1977
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Mixed
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage, In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 535.81

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached, Direct Entrance, Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector

Association/Amenities

  • Amenities: Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 520.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4431-015-062
  • Geocode Override: No
  • Lot Size Area: 333400

Multi Family

  • Number Of Units: 71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2021
Sold by
Alford Philip J and Alford Elizabeth B
Bought by
Alford Philip J and Alford Elizabeth B
Current Estimated Value
$1,323,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,000
Outstanding Balance
$644,215
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$702,357

Purchase Details

Listed on
Mar 9, 2016
Closed on
Mar 25, 2016
Sold by
Pondel Evan and Pondel Rose
Bought by
Alford Family Trust
Seller's Agent
Colleen Buerge
Pardee Properties
Buyer's Agent
Christin Moses
Berkshire Hathaway HomeServices California Properties
List Price
$995,000
Sold Price
$985,000
Premium/Discount to List
-$10,000
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.38%
Original Mortgage
$788,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2012
Closed on
Jan 10, 2013
Sold by
Annis Marianne Blanche
Bought by
Pondel Evan and Pondel Rose
Seller's Agent
Rick Chanin
Rodeo Realty - Pacific Palisades
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$779,000
Sold Price
$765,000
Premium/Discount to List
-$14,000
-1.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$38,250
Interest Rate
3.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 29, 1998
Sold by
Handler Adam M and Handler Ann M
Bought by
Annis Marianne Blanche

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,200
Interest Rate
6.88%
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
Alford Philip J -- Accommodation
Alford Philip J -- Wfg Title Company Of Ca
Alford Family Trust $985,000 California Title Company
Pondel Evan $765,000 Equity Title Company
Annis Marianne Blanche $474,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alford Philip J $710,000
Closed Alford Family Trust $788,000
Previous Owner Pondel Evan $38,250
Previous Owner Pondel Evan $612,000
Previous Owner Annis Marianne Blanche $150,000
Previous Owner Annis Marianne B $150,000
Previous Owner Annis Marianne Blanche $446,000
Previous Owner Annis Marianne Blanche $50,000
Previous Owner Annis Marianne B $433,000
Previous Owner Annis Marianne B $433,000
Previous Owner Annis Marianne $29,075
Previous Owner Annis Marianne Blanche $20,000
Previous Owner Annis Marianne Blanche $379,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2016 04/25/16 Sold $985,000 -1.0% $530 / Sq Ft
03/25/2016 03/25/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $995,000 +30.1% $536 / Sq Ft
01/24/2013 01/24/13 Sold $765,000 -0.5% $412 / Sq Ft
11/16/2012 11/16/12 Price Changed $769,000 -1.3% $414 / Sq Ft
10/01/2012 10/01/12 For Sale $779,000 -- $419 / 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 $13,944 $1,078,386 $759,852 $318,534
2024 $13,944 $1,143,169 $827,726 $315,443
2023 $13,676 $1,120,755 $811,497 $309,258
2022 $13,041 $1,098,781 $795,586 $303,195
2021 $12,876 $1,077,237 $779,987 $297,250
2020 $13,008 $1,066,193 $771,990 $294,203
2019 $12,489 $1,045,288 $756,853 $288,435
2018 $12,416 $1,024,793 $742,013 $282,780
2016 $9,699 $795,777 $541,961 $253,816
2015 $9,558 $783,825 $533,821 $250,004
2014 $9,592 $768,472 $523,365 $245,107
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Colleen Buerge

    Pardee Properties

    (310) 230-3700

    21 Total Sales

    Colleen Buerge
    Section Image
  • Christin Moses

    Buyer's Agent in 2016

    Christin Moses

    Berkshire Hathaway HomeServices California Properties

    (310) 489-5530

    4 in this area

    29 Total Sales

    Christin Moses
    Section Image
  • Rick Chanin

    Seller's Agent in 2013

    Rick Chanin

    Rodeo Realty - Pacific Palisades

    (310) 780-3100

    1 in this area

    9 Total Sales

    Rick Chanin
    Section Image

  • S

    Buyer's Agent in 2013

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 16-103624

The MLS

APN: 4431-015-062

California Los Angeles County Pacific Palisades 90272

1551 Michael Ln, Pacific Palisades, CA

This home is located at 1551 Michael Ln, Pacific Palisades, CA 90272 since 09 March 2016 and is currently estimated at $1,323,572, approximately $712 per square foot. This property was built in 1977. 1551 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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