NOT LISTED FOR SALE

1632 Michael Ln Pacific Palisades, CA 90272

Estimated Value: $1,294,000 - $1,566,366

3 Beds
3 Baths
2,081 Sq Ft
$696/Sq Ft Est. Value

Last Sold September 30, 2014

Last sale price $860,000 $413 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $9,334/month

57 Days on Market

Highlights

  • Fitness Center
  • 400,178 Sq Ft lot
  • Mediterranean Architecture
  • In Ground Pool
  • Fireplace in Primary Bedroom
  • Breakfast Area or Nook

About This Home

As of September 2014

Court Date is set for 9/2/2014 and the overbid starts at $840,500. Reduced!! Enjoy resort style living located in the Michael Lane Villa community. This 3 Bedroom, 2 1/2 Bath Tri-Level Townhouse has a Dining Area, Breakfast Area and a gas Fireplace in both the Living Room & Master Bedroom. Amenities include a Clubhouse, Gym, Community Pool & Spa surrounded within beautifully landscaped grounds and gorgeous views. Close to the beach, hiking trails and the Village of Palisades. Probate sale, court confirmation required.

Last Agent to Sell the Property

Nancy Sanborn

Berkshire Hathaway HomeServices California Properties License #00771096 Listed on: 07/07/2014

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Natalie Reichman

Rodeo Realty - Pacific Palisades License #01317889

Rodeo Realty - Pacific Palisades

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,358

Year Built

  • Built in 1979

Lot Details

  • 9.19

Parking

  • 2 Covered Spaces

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2,081 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Breakfast Area or Nook
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Additional Features

  • In Ground Pool
  • 9.19 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 4431-015-177

Community Details

Overview

  • 110 Units

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,358

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Mediterranean
  • Street Number Display: Yes
  • Complex Name: Michael Lane Villas
  • Entry Floor: 1
  • Living Area: 2081
  • Planned Urban Dev: 0
  • Probate: Yes
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1979
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room, Master Bedroom
  • Flooring: Mixed
  • 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
  • Price Per S Q F T: 403.89

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached

Association/Amenities

  • Amenities: Exercise Room, Pool, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 520.00

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4431-015-177
  • Geocode Override: No
  • Lot Size Area: 400178

Rental Info

  • Court Approve: Yes

Multi Family

  • Number Of Units: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2019
Sold by
Kanaar Adrian David and Kanaar Jennifer L
Bought by
Nash Christopher R and Nash Bernadette E
Current Estimated Value
$1,447,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,169,870
Outstanding Balance
$1,032,640
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$490,815

Purchase Details

Closed on
Jun 3, 2016
Sold by
Likan Llc
Bought by
Kanaar Adrian David and Kanaar Jennifer L

Purchase Details

Listed on
Jul 7, 2014
Closed on
Sep 24, 2014
Sold by
Federizo Aileen and Estate Of James Uyehara
Bought by
Likan Llc
Seller's Agent
Nancy Sanborn
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Natalie Reichman
Rodeo Realty - Pacific Palisades
List Price
$850,000
Sold Price
$860,000
Premium/Discount to List
$10,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$516,000
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage
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
Nash Christopher R $1,300,000 First American Title Company
Kanaar Adrian David -- None Available
Likan Llc -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Christopher Ryan $118,600
Open Nash Christopher R $1,169,870
Previous Owner Likan Llc $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2014 09/30/14 Sold $860,000 +2.3% $413 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
08/05/2014 08/05/14 Price Changed $840,500 +5.2% $404 / Sq Ft
07/10/2014 07/10/14 Price Changed $799,000 -6.0% $384 / Sq Ft
07/07/2014 07/07/14 For Sale $850,000 -- $408 / 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 $17,358 $1,365,391 $702,775 $662,616
2024 $17,358 $1,421,736 $765,550 $656,186
2023 $17,023 $1,393,860 $750,540 $643,320
2022 $16,231 $1,366,530 $735,824 $630,706
2021 $16,030 $1,339,737 $721,397 $618,340
2019 $4,467 $926,553 $754,172 $172,381
2018 $11,099 $908,386 $739,385 $169,001
2016 $10,609 $873,115 $710,675 $162,440
2015 $10,454 $860,000 $700,000 $160,000
2014 $4,324 $344,154 $155,050 $189,104
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-773299

The MLS

APN: 4431-015-177