NOT LISTED FOR SALE

1554 Michael Ln Pacific Palisades, CA 90272

Estimated Value: $1,285,000 - $1,639,305

3 Beds
2.5 Baths
2,081 Sq Ft
$715/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $1,665,000 $800 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $10,455/month

151 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • 9.19 Acre Lot
  • 24-Hour Security
  • View of Trees or Woods
  • Fireplace in Primary Bedroom

About This Home

As of November 2023

This home is located at 1554 Michael Ln, Pacific Palisades, CA 90272 since 26 May 2023 and is currently estimated at $1,488,435, approximately $715 per square foot. This property was built in 1979. 1554 Michael Ln is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter High, and Calvary Christian School.

Last Agent to Sell the Property

Marco Rufo

The Agency License #01362095 Listed on: 05/26/2023

The Agency

Last Buyer's Agent

Linda Ferrari

Equity Union License #01949460

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,277

Year Built

  • Built in 1979

Lot Details

  • 9.19

HOA Fees

  • $655 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Woods
  • Peek-A-Boo
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 2,081 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

Pool

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

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 4431-015-113

Community Details

Overview

  • 110 Units

Amenities

  • Sauna

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,277

Year Built

Built in 1979

Lot Details

0

HOA Fees

$655 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary
  • Levels: Three Or More
  • Street Number Display: Yes
  • Complex Name: Michael Lane Villas Association
  • Entry Floor: 1
  • Living Area: 2081
  • Lot Acreage: 9.1867
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1979
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Mixed, Tile, 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: Inside, Laundry Area, Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Freezer, Dryer, Dishwasher, Refrigerator, Range/Oven, Vented Exhaust Fan, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 814.51

Exterior Features

  • Other Features: Balcony
  • Pool Description: Association Pool, In Ground, Heated
  • Pool: Yes
  • Spa: Heated, In Ground, Association Spa
  • Spa Yn: Yes
  • View: Tree Top, Mountains, Peek-A-Boo, Trees/Woods, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Door Opener, Garage - 2 Car, Garage Is Attached, Parking for Guests
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Exercise Room, Fitness Center, Guest Parking, Pool, Sauna, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 654.50
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4431-015-113
  • Lot Size Area: 400173

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2023
Closed on
Oct 19, 2023
Sold by
Savtchenko Olga
Bought by
James P Myerson Living Trust and Myerson
Seller's Agent
Marco Rufo
The Agency
Buyer's Agent
Linda Ferrari
Equity Union
List Price
$1,799,000
Sold Price
$1,665,000
Premium/Discount to List
-$134,000
-7.45%
Views
130
Current Estimated Value
$1,488,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$176,565
Avg. Annual Appreciation
-1.80%

Purchase Details

Closed on
Oct 4, 2021
Sold by
Savtchenko Olga
Bought by
Savtchenko Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 24, 2017
Sold by
Wasserman Deborah
Bought by
Savtchenko Olga
Seller's Agent
Erin Garrity
Sotheby's International Realty
Buyer's Agent
Marco Rufo
The Agency
List Price
$1,139,000
Sold Price
$1,018,000
Premium/Discount to List
-$121,000
-10.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%

Purchase Details

Listed on
Nov 9, 2016
Closed on
Jan 17, 2017
Sold by
Ulyanoy Yury
Bought by
Savtchenko Olga
Seller's Agent
Erin Garrity
Sotheby's International Realty
Buyer's Agent
Marco Rufo
The Agency
List Price
$1,139,000
Sold Price
$1,018,000
Premium/Discount to List
-$121,000
-10.62%

Purchase Details

Closed on
Oct 25, 1994
Sold by
Mckenna Joseph N
Bought by
Wasserman Deborah
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
James P Myerson Living Trust $1,665,000 Chicago Title
Savtchenko Olga -- Usa National Title Co
Savtchenko Olga $1,018,000 Fatcola
Savtchenko Olga -- First American Title Company
Wasserman Deborah -- Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Savtchenko Olga $340,000
Previous Owner Savtchenko Olga $300,000
Previous Owner Wasserman Deborah $386,887
Previous Owner Wasserman Deborah $417,000
Previous Owner Wasserman Deborah $177,400
Previous Owner Wasserman Deborah $322,600
Previous Owner Wasserman Deborah $322,700
Previous Owner Wasserman Deborah $257,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $1,665,000 -1.8% $800 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
08/28/2023 08/28/23 Price Changed $1,695,000 -3.1% $815 / Sq Ft
06/29/2023 06/29/23 Price Changed $1,749,000 -2.8% $840 / Sq Ft
05/26/2023 05/26/23 For Sale $1,799,000 +76.7% $864 / Sq Ft
02/10/2017 02/10/17 Sold $1,018,000 -10.6% $489 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
11/09/2016 11/09/16 For Sale $1,139,000 -- $547 / 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 $20,277 $1,571,140 $1,101,784 $469,356
2024 $20,277 $1,665,000 $1,200,200 $464,800
2023 $13,842 $1,135,592 $737,132 $398,460
2022 $13,198 $1,113,327 $722,679 $390,648
2021 $13,030 $1,091,498 $708,509 $382,989
2019 $12,637 $1,059,126 $687,496 $371,630
2018 $12,570 $1,038,360 $674,016 $364,344
2016 $6,450 $524,145 $247,245 $276,900
2015 $6,357 $516,273 $243,532 $272,741
2014 $6,384 $506,161 $238,762 $267,399
Source: Public Records

Agents Affiliated with this Home

  • Marco Rufo

    Seller's Agent in 2023

    Marco Rufo

    The Agency

    (310) 488-6914

    31 in this area

    51 Total Sales

    Marco Rufo
    Section Image
  • Linda Ferrari

    Buyer's Agent in 2023

    Linda Ferrari

    Equity Union

    (310) 283-4782

    3 in this area

    22 Total Sales

    Linda Ferrari
    Section Image

  • E

    Seller's Agent in 2017

    Erin Garrity

    Sotheby's International Realty

    Section Image
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Map

Source: The MLS

MLS Number: 23-274571

The MLS

APN: 4431-015-113

California Los Angeles County Pacific Palisades 90272

1554 Michael Ln, Pacific Palisades, CA

This home is located at 1554 Michael Ln, Pacific Palisades, CA 90272 since 26 May 2023 and is currently estimated at $1,488,435, approximately $715 per square foot. This property was built in 1979. 1554 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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