NOT LISTED FOR SALE

1569 Palisades Dr Pacific Palisades, CA 90272

Estimated Value: $1,381,000 - $1,712,599

3 Beds
3.5 Baths
2,435 Sq Ft
$622/Sq Ft Est. Value

Last Sold November 08, 2017

Last sale price $1,350,300 $555 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,080/month

10 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • 400,490 Sq Ft lot
  • 24-Hour Security
  • Views of Trees
  • 3-minute walk to Santa Ynez Canyon Park

About This Home

As of November 2017

400-plan Michael Lane Villa with beautiful canyon views. Situated at the edge of the complex, with no immediate neighbors in view, the southeast exposure allows for an open bright, happy and private feel. On the main level, the large 2-car garage conveniently leads directly into the kitchen for easy grocery delivery etc. The dining, living and powder rooms complete this floor. The lower entry level has a great room, office space, a wet bar, and full bathroom. The master bedroom has a balcony, fireplace, and walk-in closet. Two additional bedrooms, a bathroom, and a large open skylight complete the upper level. With high ceilings, crown moldings, and French doors, this town home is a true gem of the Michael Lane Villas. Overall this property has good volume, a great floor plan and very functional and comfortable living space. Additional amenities include community pool, sauna, spa, fitness center, and 24 hour security. Close to hiking and biking trails of the Santa Monica Mountains.

Last Agent to Sell the Property

Eric Knight

Pinnacle Estate Properties License #00977963 Listed on: 09/15/2017

Pinnacle Estate Properties

Last Buyer's Agent

Toni Patillo

KW Advisors License #01499010

KW Advisors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,329

Year Built

  • Built in 1979

Lot Details

  • 9.19

HOA Fees

  • $520 Monthly HOA Fees

Property Views

  • Trees
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,435 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den with Fireplace

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Washer

Home Security

Parking

  • 2 Car Garage
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Additional Features

  • Covered Patio or Porch
  • 9.19 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4431-015-096

Community Details

Overview

  • 121 Units

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,329

Year Built

Built in 1979

Lot Details

0

HOA Fees

$520 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Complex Name: Michael Lane Villas
  • Entry Floor: 1
  • Living Area: 2435
  • Planned Urban Dev: 1
  • Stories: 3
  • Unit Floor In Building: 1
  • Year Built: 1979
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Gas, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 572.90

Exterior Features

  • Balcony: 2
  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Fenced, Heated, In Ground
  • Pool: Yes
  • View: Mountains, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car

Utilities

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

Association/Amenities

  • Amenities: Assoc Pet Rules, Exercise Room, Fitness Center, Guest Parking, Pool, Tennis Courts
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 520.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4431-015-096
  • Geocode Override: No
  • Lot Size Area: 400490

Multi Family

  • Number Of Units: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2018
Sold by
Harwin Brett and Harwin Michelle
Bought by
Harwin Brett and Harwin Michelle
Current Estimated Value
$1,515,200

Purchase Details

Listed on
Sep 15, 2017
Closed on
Oct 12, 2017
Sold by
Winslow Lisa Fowler and The Lisa Winslow Revocable Tru
Bought by
Harwin Brett and Harwin Michelle
Seller's Agent
Eric Knight
Pinnacle Estate Properties
Buyer's Agent
Toni Patillo
KW Advisors
List Price
$1,395,000
Sold Price
$1,350,300
Premium/Discount to List
-$44,700
-3.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.46%
Original Mortgage
$1,012,500
Outstanding Balance
$913,510
Interest Rate
3.83%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$601,690

Purchase Details

Closed on
Mar 22, 2011
Sold by
Winslow Lisa F
Bought by
Winslow Lisa Fowler and Lisa Winslow Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2009
Sold by
Winslow Lisa F
Bought by
Winslow Lisa Fowler and Lisa Winslow Revocable Trust

Purchase Details

Closed on
Jan 21, 2004
Sold by
Winslow Lisa
Bought by
Winslow Lisa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2000
Sold by
Family Trust Morrell Charles And Carol Trs Mo
Bought by
Winslow Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.86%

Purchase Details

Closed on
Aug 18, 2000
Sold by
Winslow William
Bought by
Winslow Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
7.86%

Purchase Details

Closed on
Nov 20, 1998
Sold by
Morrell Charles L and Morrell Carol E
Bought by
Morrell Charles L and Morrell Carol E

Purchase Details

Closed on
Jun 25, 1998
Sold by
Morrell Charles L and Morrell Family Trust
Bought by
Morrell Charles L and Morrell Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,750
Interest Rate
7.06%

Purchase Details

Closed on
Mar 25, 1996
Sold by
Morrell Charles L and Morrell Carol E
Bought by
Morrell Charles L and Morrell Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.05%

Purchase Details

Closed on
Mar 13, 1996
Sold by
Morrell Charles L and Morrell Carol E
Bought by
Morrell Charles L and Morrell Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.05%

Purchase Details

Closed on
Feb 21, 1996
Sold by
Morrell Charles L and Morrell Carol E
Bought by
Morrell Charles L and Morrell Carol E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.05%
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
Harwin Brett -- None Available
Harwin Brett $1,350,500 Galifornia Title Company
Winslow Lisa Fowler -- Accommodation
Winslow Lisa F -- Calcounties Title Nation
Winslow Lisa Fowler -- None Available
Winslow Lisa F -- Ticor Title Co Of California
Winslow Lisa $545,000 Fidelity National Title Co
Winslow Lisa -- Fidelity National Title Co
Morrell Charles L -- --
Morrell Charles L -- First American Title Co
Morrell Charles L -- --
Morrell Charles L -- Gateway Title Company
Morrell Charles L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harwin Brett $1,012,500
Previous Owner Winslow Lisa F $258,000
Previous Owner Winslow Lisa F $263,600
Previous Owner Winslow Lisa $436,000
Previous Owner Morrell Charles L $160,750
Previous Owner Morrell Charles L $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2017 11/08/17 Sold $1,350,300 -3.2% $555 / Sq Ft
09/15/2017 09/15/17 For Sale $1,395,000 -- $573 / 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 $18,329 $1,423,133 $979,088 $444,045
2024 $18,329 $1,506,280 $1,066,545 $439,735
2023 $17,974 $1,476,746 $1,045,633 $431,113
2022 $17,137 $1,447,791 $1,025,131 $422,660
2021 $16,921 $1,419,404 $1,005,031 $414,373
2019 $16,411 $1,377,306 $975,222 $402,084
2018 $16,421 $1,350,300 $956,100 $394,200
2017 $8,629 $707,589 $397,420 $310,169
2016 $8,419 $693,716 $389,628 $304,088
2015 $8,296 $683,297 $383,776 $299,521
2014 $8,325 $669,913 $376,259 $293,654
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-270484

The MLS

APN: 4431-015-096