NOT LISTED FOR SALE

1576 Michael Ln Pacific Palisades, CA 90272

Estimated Value: $1,536,856 - $1,604,000

3 Beds
3 Baths
2,081 Sq Ft
$759/Sq Ft Est. Value

About This Home

This home is located at 1576 Michael Ln, Pacific Palisades, CA 90272 and is currently estimated at $1,580,285, approximately $759 per square foot. 1576 Michael Ln is a home located in Los Angeles County with nearby schools including Marquez Charter School, Palisades Charter High, and Calvary Christian School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2022
Sold by
David Cadis
Bought by
Cadis David and Lederman Sky
Current Estimated Value
$1,580,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Outstanding Balance
$1,115,571
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$560,061

Purchase Details

Closed on
Feb 7, 2022
Sold by
Lederman-Cadis Sky
Bought by
Cadis David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,190,000
Outstanding Balance
$1,115,571
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$560,061

Purchase Details

Closed on
Jul 30, 2019
Sold by
Gallo Joie M
Bought by
Cadis David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
6.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 20, 2018
Sold by
Feathers Patricia C and The Patricia C Feathers Revoca
Bought by
Gallo Josel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2016
Sold by
Feathers Patricia C
Bought by
Feathers Patricia C and Patricia C Feathers Revocable

Purchase Details

Closed on
Dec 17, 2014
Sold by
Needle Stephen E and Needle Marilee P
Bought by
Feathers Patricia C

Purchase Details

Closed on
Apr 11, 2013
Sold by
Needle Stephen E and Needle Marilee P
Bought by
Needle Stephen E and Needle Marilee P

Purchase Details

Closed on
Oct 5, 2007
Sold by
Needle Stephen E
Bought by
Needle Stephen E and 2007 Stephen

Purchase Details

Closed on
Dec 3, 2002
Sold by
Needle Marilee Patrice
Bought by
Needle Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.06%

Purchase Details

Closed on
Dec 2, 2002
Sold by
Braverman Malvin and Braverman Sigrun H
Bought by
Needle Stephen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.06%

Purchase Details

Closed on
May 12, 1997
Sold by
Reinhart George R and Reinhart Doris B
Bought by
Braverman Malvin and Braverman Sigrun H
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Cadis David -- Pacific Coast Title
Cadis David -- Pacific Coast Title
Cadis David -- Pacific Coast Title
Cadis David $1,250,000 Equity Title Los Angeles
Gallo Josel M $1,050,000 Usa National Title Company
Feathers Patricia C -- None Available
Feathers Patricia C $885,000 Western Resources Title Co
Needle Stephen E -- None Available
Needle Stephen E -- None Available
Needle Stephen E -- None Available
Needle Stephen E -- Equity Title Company
Needle Stephen E $592,000 Equity Title Company
Braverman Malvin $382,500 Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cadis David $1,190,000
Closed Cadis David $1,190,000
Previous Owner Cadis David $1,125,000
Previous Owner Gallo Josel M $750,000
Previous Owner Needle Stephen E $555,000
Previous Owner Needle Stephen E $300,700
Closed Needle Stephen E $250,000
Source: Public Records

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
2024 $16,397 $1,340,248 $948,682 $391,566
2023 $16,082 $1,313,970 $930,081 $383,889
2022 $15,335 $1,288,207 $911,845 $376,362
2021 $15,144 $1,262,949 $893,966 $368,983
2019 $12,875 $1,071,000 $707,880 $363,120
2018 $11,347 $934,793 $512,287 $422,506
2016 $10,845 $898,496 $492,396 $406,100
2015 $8,723 $713,399 $445,153 $268,246
2014 $8,755 $699,426 $436,434 $262,992
Source: Public Records

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