$1,255,000
SOLD MAR 23, 2016 RENTED JUL 16, 2025

1575 Michael Ln Pacific Palisades, CA 90272

3 Beds
3 Baths
1,857 Sq Ft
8 Acres

Recently Sold

$676 Per Sq Ft

3 Days on Market

Highlights

  • In Ground Pool
  • Canyon View
  • Wood Flooring
  • 333,400 Sq Ft lot
  • Living Room with Fireplace
  • Spanish Architecture

About This Home

As of June 2019

Done to the nines! Actually done to the tens! Designer perfect, Fantastic mountain views, remodeled with no detailed spared! Lots of natural light. Completely open floor plan , This is an amazing home for entertaining. Climate controlled wine storage , new windows/ sliding doors ,built in custom shelving, new speakers , new heating and air. This is truly one of the sexiest town homes ever!

Last Agent to Sell the Property

Tom hackett

Rodeo Realty - Pacific Palisades License #00874198 Listed on: 02/05/2016

Rodeo Realty - Pacific Palisades

Last Buyer's Agent

Nancy Ross

Compass License #00984074

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,272

Year Built

  • Built in 1977

Parking

  • Attached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,857 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Canyon Views
  • Alarm System
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 4431-015-050

Community Details

Recreation

  • Community Pool
  • Hiking Trails

Pet Policy

  • Pets Allowed

Additional Features

  • 35 Units
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,272

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: Done to the nines! Actually done to the tens! Designer perfect, Fantastic mountain views , remodeled with no detailed spared! Lots of natural light. Completely open floor plan , This is an amazing home for entertaining. Climate controlled wine storage , new windows/ sliding doors ,built in custom shelving, new speakers , new heating and air. This is truly one of the sexiest town homes ever!
  • Complex Name: Michael Lane Villas
  • Entry Floor: 2
  • Living Area: 1857
  • Planned Urban Dev: 0
  • Stories: 3
  • Unit Floor In Building: 2
  • Year Built: 1977
  • Number Of Photos: 40
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Alarm System
  • Price Per S Q F T: 672.59

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool
  • Pool: Yes
  • View: Canyon
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Forced Air
  • Security: Community

Association/Amenities

  • Amenities: Hiking Trails
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 518.00

Lot Info

  • Assessor Parcel Number: 4431-015-050
  • Geocode Override: No
  • Lot Size Area: 333400

Multi Family

  • Number Of Units: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jun 7, 2019
Sold by
Abrams Leslie Starr
Bought by
Benoualid Audrey
Seller's Agent
Nancy Ross
Compass
Buyer's Agent
Matthew Clayman
The Beverly Hills Estates
List Price
$1,395,000
Sold Price
$1,370,000
Premium/Discount to List
-$25,000
-1.79%
Current Estimated Value
$1,692,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,158
Avg. Annual Appreciation
3.42%
Original Mortgage
$1,096,000
Interest Rate
3.03%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 5, 2016
Closed on
Mar 8, 2016
Sold by
Abondano Manuel J
Bought by
Abrams Leslie Starr
Seller's Agent
Tom hackett
Rodeo Realty - Pacific Palisades
Buyer's Agent
Nancy Ross
Compass
List Price
$1,249,000
Sold Price
$1,255,000
Premium/Discount to List
$6,000
0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$250,000
Interest Rate
3.62%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 5, 2016
Closed on
Feb 11, 2016
Sold by
Aspinall Karen and The Karen Aspinall Family Trus
Bought by
Abrams Leslie Starr
Seller's Agent
Tom hackett
Rodeo Realty - Pacific Palisades
Buyer's Agent
Nancy Ross
Compass
List Price
$1,249,000
Sold Price
$1,255,000
Premium/Discount to List
$6,000
0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.62%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 22, 2015
Sold by
Aspinall Karen and Aspinall Karen A
Bought by
Aspinall Karen and Karen Aspinall Family Trust

Purchase Details

Closed on
Jun 26, 2008
Sold by
Mann Richard J and Mann Nina T
Bought by
Aspinall Karen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Mann Richard J and Mann Nina T
Bought by
Mann Richard J and Mann Nina T
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,370,000 Fidelity National Title
Interfamily Deed Transfer -- Priority Title Company
Grant Deed $1,255,000 Priority Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $845,000 Equity Title Los Angeles
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 Credit Line Revolving
Open $1,059,900 New Conventional
Closed $1,096,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Future Advance Clause Open End Mortgage
Previous Owner $418,000 Adjustable Rate Mortgage/ARM
Previous Owner $285,000 New Conventional
Previous Owner $200,000 Future Advance Clause Open End Mortgage
Previous Owner $182,000 New Conventional
Previous Owner $245,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Rented $6,500 0.0% --
07/09/2025 07/09/25 For Rent $6,500 0.0% --
06/28/2019 06/28/19 Sold $1,370,000 -1.8% $738 / Sq Ft
05/02/2019 05/02/19 For Sale $1,395,000 +11.2% $751 / Sq Ft
03/23/2016 03/23/16 Sold $1,255,000 +0.5% $676 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $1,249,000 -- $673 / 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 $18,272 $1,404,336 $1,086,391 $317,945
2024 $18,272 $1,498,291 $1,183,432 $314,859
2023 $17,919 $1,468,914 $1,160,228 $308,686
2022 $17,084 $1,440,113 $1,137,479 $302,634
2021 $16,875 $1,411,876 $1,115,176 $296,700
2019 $457 $1,331,815 $907,332 $424,483
2018 $15,843 $1,305,702 $889,542 $416,160
2016 $11,071 $919,207 $656,065 $263,142
2015 $10,907 $905,401 $646,211 $259,190
2014 $8,900 $720,000 $500,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-979213

The MLS

APN: 4431-015-050