NOT LISTED FOR SALE

1608 Michael Ln Pacific Palisades, CA 90272

Estimated Value: $1,289,000 - $1,636,675

3 Beds
3.5 Baths
2,467 Sq Ft
9 Acres

Last Sold September 17, 2013

Last sale price $849,875 $344 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,247/month

70 Days on Market

Highlights

  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Den
  • Mountain View
  • Wood Flooring
  • 4-minute walk to Santa Ynez Canyon Park

About This Home

As of September 2013

LISTED FOR COMP PURPOSES - 500 PLAN CORNER TOWNHOUSE - APPROXIMATELY 2467 SQUARE FEET WITH 3 BEDROOMS AND 3.5 BATHS - LIGHT AND BRIGHT CORNER UNIT WITH PRIVACY AND VIEWS.

Last Agent to Sell the Property

Jeffrey T. Sandorf

Compass License #01396545 Listed on: 07/08/2013

Compass

Last Buyer's Agent

Tom hackett

Rodeo Realty - Pacific Palisades License #00874198

Rodeo Realty - Pacific Palisades

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,600

Year Built

  • Built in 1979

Lot Details

  • 9

Parking

  • Garage

Interior Spaces

  • 2,467 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Den
  • Mountain Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • 3.5 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4431-015-165

Community Details

Overview

  • 110 Units

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,600

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: Michael Lane Villas
  • Entry Floor: 1
  • Living Area: 2467
  • 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: Carpet, Ceramic Tile, Hardwood, Wood
  • Bedrooms: 3
  • Fireplaces: 2
  • Dining Room: 0
  • Family Room: 1
  • Laundry: In Unit
  • Total Bathrooms: 3.50
  • Den: 0
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Gas Dryer Hookup, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 344.50

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage

Utilities

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

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 520.00

Lot Info

  • Assessor Parcel Number: 4431-015-165
  • Geocode Override: No

Multi Family

  • Number Of Units: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2020
Sold by
Hackett Thomas Kevin
Bought by
Hackett Thoams Kevin and Thomas Kevin Hackett Trust
Current Estimated Value
$1,497,225

Purchase Details

Closed on
Jul 15, 2013
Sold by
Cass Md Hyla and The Hyla Cass Trust
Bought by
Hackett Thomas Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2006
Sold by
Cass Md Hyla
Bought by
Cass Md Hyla and The Hyla Cass Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.36%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Hackett Thoams Kevin -- None Available
Hackett Thomas Kevin $850,000 Usa National Title
Cass Md Hyla -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Kevin Hackett Trust $221,400
Open Hackett Thomas Kevin $600,000
Closed Hacket Thomas Kevin $200,000
Previous Owner Hackett Thomas Kevin $509,000
Previous Owner Cass Md Hyla $500,000
Previous Owner Cass Md Hyla $380,000
Previous Owner Cass Hyla $250,000
Previous Owner Cass Md Hyla $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2013 09/17/13 Sold $849,875 0.0% $344 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $849,875 -- $344 / 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 $12,600 $976,393 $551,636 $424,757
2024 $12,600 $1,021,545 $600,910 $420,635
2023 $12,360 $1,001,516 $589,128 $412,388
2022 $11,790 $981,879 $577,577 $404,302
2021 $11,637 $962,627 $566,252 $396,375
2019 $11,290 $934,076 $549,457 $384,619
2018 $11,226 $915,762 $538,684 $377,078
2016 $10,726 $880,204 $517,767 $362,437
2015 $10,570 $866,983 $509,990 $356,993
2014 $10,607 $850,000 $500,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-704653

The MLS

APN: 4431-015-165