1554 Michael Ln Pacific Palisades, CA 90272
3
Beds
2.5
Baths
2,081
Sq Ft
$520/mo
HOA Fee
Highlights
- Fitness Center
- Pool House
- 400,490 Sq Ft lot
- 24-Hour Security
- Peek-A-Boo Views
- Open Floorplan
About This Home
As of November 2023One of the larger town homes in the Michael Lane Villas (2,081sq ft)! Situated on the hillside, with treetop privacy from your master suite's balcony, this town home has one of the best interior flows. Open floor plan features beautiful wood floors, hi ceilings, a mountain view kitchen w/ breakfast nook area, open living room with fireplace which opens to the comfortable and spacious patio, all 3 bedrooms upstairs and skylight creates a nice natural light on the staircase spilling throughout the upper level floorplan. Master bedroom has a fireplace, two walk in closets and large master bathroom. Private treetop balcony through glass sliding doors makes this master suite very comfortable. Down the path is the pool and gym. Two car private garage has washer and dryer and is attached to property.
Last Agent to Sell the Property
Erin Garrity
Sotheby's International Realty License #01716710 Listed on: 11/09/2016
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $20,277
Year Built
- Built in 1979
Lot Details
- 9.19 Acre Lot
- Hillside Location
HOA Fees
- $520 Monthly HOA Fees
Parking
- 2 Car Garage
- Guest Parking
- On-Street Parking
Property Views
- Peek-A-Boo
- Mountain
Home Design
- Traditional Architecture
Interior Spaces
- 2,081 Sq Ft Home
- 3-Story Property
- Open Floorplan
- High Ceiling
- Skylights
- Sliding Doors
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Attached Deck
- Dining Area
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Dishwasher
- Tile Countertops
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
Laundry
- Laundry in unit
- Dryer
Pool
- Pool House
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Fence Around Pool
Outdoor Features
- Balcony
- Covered Patio or Porch
Utilities
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 4431-015-113
Community Details
Overview
- 110 Units
- Ross Morgan & Co. Association
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Additional Features
- Sauna
- 24-Hour Security
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
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
Similar Homes in Pacific Palisades, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,665,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | Usa National Title Co | |
| Grant Deed | $1,018,000 | Fatcola | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | -- | Provident Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $340,000 | New Conventional | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $386,887 | New Conventional | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $177,400 | Credit Line Revolving | |
| Previous Owner | $322,600 | Unknown | |
| Previous Owner | $322,700 | Unknown | |
| Previous Owner | $257,000 | Unknown |
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
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
-
Linda Ferrari
Buyer's Agent in 2023
Linda Ferrari
Equity Union
(310) 283-4782
3 in this area
22 Total Sales
-
E
Seller's Agent in 2017
Erin Garrity
Sotheby's International Realty
Map
Source: The MLS
MLS Number: 16-178184
APN: 4431-015-113
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