NOT LISTED FOR SALE

1659 Michael Ln Pacific Palisades, CA 90272

Estimated Value: $1,130,000 - $1,532,000

3 Beds
2.5 Baths
1,857 Sq Ft
$725/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2015

Last sale price $991,000 $534 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,285 / mo

13 Days on Market

Highlights

  • 24-Hour Security
  • 333,389 Sq Ft lot
  • Sauna
  • In Ground Pool
  • Canyon View
  • 2 Fireplaces

About This Home

As of March 2015

Views! Views! Views! With a coveted seat perched high above overlooking the Michael Lane Rim this rare 3+2.5 Villa town-home feels more like a home and presents a rare opportunity to bring your remodel ideas and transform this highly sought after 300 Plan into the home of your dreams. With spectacular unobstructed views of Topanga State Park the unit is cloaked with ambient sky light and floor plan functionality. With 3 bedrooms upstairs, 2 master walk in closets, dual master sinks, separate master tub and shower, charming view patio, 2 fireplaces, 2 car direct access garage, huge storage pantry, ample street parking, HOA amenities include rim pool, spa and gym. Close to fantastic mountain trails and minutes to town and beaches. Agents see private remarks.

Last Agent to Sell the Property

Brian Bleak

Berkshire Hathaway HomeServices California Properties License #01931725 Listed on: 01/15/2015

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Laurie Hudson

Berkshire Hathaway HomeServices California Properties License #00604603

Berkshire Hathaway HomeServices California Properties

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1977

Lot Details

  • 7.65 Acre Lot
  • West Facing Home
  • Stucco Fence

Property Views

  • Canyon
  • Mountain
  • Hills

Home Design

  • Entry on the 1st floor
  • Fixer Upper
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,857 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • 2 Fireplaces
  • Electric Fireplace
  • Gas Fireplace
  • Shutters
  • Formal Entry
  • Living Room
  • Storage

Kitchen

  • Walk-In Pantry
  • Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Powder Room
  • Bidet
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer

Parking

  • 2 Car Attached Garage
  • Shared Driveway

Pool

  • In Ground Pool
  • Spa

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street

Additional Features

  • Tile Patio or Porch
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 4431-015-012

Community Details

Overview

  • Association fees include earthquake insurance
  • 71 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Additional Features

  • Sauna
  • 24-Hour Security

Townhouse Details

Home Type

Townhome

Year Built

Built in 1977

Lot Details

7.65 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Style: Architectural
  • Levels: Ground Level
  • Street Number Display: Yes
  • Complex Name: Highlands Villas HOA (Michael Lane)
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 1857
  • Planned Urban Dev: 0
  • Property Condition: Fixer
  • Stories: 2
  • Year Built: 1977
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Bidet, Common Walls, Storage Space
  • Fireplace Rooms: Electric, Gas
  • Flooring: Carpet, Tile
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Bedroom Features: All Bedrooms Up, Master Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Powder Room, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: In Kitchen
  • Kitchen Features: Tile Counters
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 516.42
  • Windows: Window Shutters

Exterior Features

  • Balcony: no
  • Direction Faces: West
  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+)
  • Tennis Court Y/N: No
  • Fence: Stucco Wall
  • Patio: Tile
  • Pool Description: Association Pool
  • Pool: Yes
  • Roof: Tile
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: Canyon, Hills, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway - Pavers, Garage - 2 Car, Garage Is Attached, Shared Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour, Community
  • Sewer: In Street Paid

Association/Amenities

  • Amenities: Sauna
  • Pet Rules: Yes

Condo/Co-op/Association

  • Assessments: unknown
  • Association Fees Include: Earthquake Insurance
  • HOA Fees: 490.00
  • HOA Fees: 490.00

Lot Info

  • Special Zoning: Property Report
  • Horses: No
  • Assessor Parcel Number: 4431-015-012
  • Geocode Override: No
  • Lot Size Area: 333389

Multi Family

  • Number Of Units: 71

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Feb 5, 2015
Sold by
Benson Zelda Kenney and Carol Wood Ingersoll Revocable
Bought by
Culbertson Emily Z and Culbertson Andrew C
Seller's Agent
Brian Bleak
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Laurie Hudson
Berkshire Hathaway HomeServices California Properties
List Price
$959,000
Sold Price
$991,000
Premium/Discount to List
$32,000
3.34%
Current Estimated Value
$1,346,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,736
Avg. Annual Appreciation
2.81%
Original Mortgage
$941,450
Outstanding Balance
$733,893
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$612,843

Purchase Details

Closed on
Dec 1, 2000
Sold by
Ingersoll Carol W and Ingersoll Carol Wood
Bought by
Ingersoll Carol Wood and Carol Wood Ingersoll Revocable
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Culbertson Emily Z $991,000 California Title Company
Ingersoll Carol Wood -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culbertson Emily Z $941,450
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2015 03/20/15 Sold $991,000 +3.3% $534 / Sq Ft
02/11/2015 02/11/15 For Sale $959,000 0.0% $516 / Sq Ft
01/28/2015 01/28/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $959,000 -- $516 / Sq Ft
Source: The MLS

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 $14,322 $1,101,180 $779,335 $321,845
2024 $14,322 $1,167,670 $848,949 $318,721
2023 $14,048 $1,144,775 $832,303 $312,472
2022 $13,397 $1,122,330 $815,984 $306,346
2021 $13,230 $1,100,325 $799,985 $300,340
2019 $12,834 $1,067,691 $776,258 $291,433
2018 $12,762 $1,046,757 $761,038 $285,719
2016 $12,206 $1,006,112 $731,487 $274,625
2015 $2,417 $191,721 $84,026 $107,695
2014 $2,433 $187,967 $82,381 $105,586
Source: Public Records

Agents Affiliated with this Home

  • Brian Bleak

    Seller's Agent in 2015

    Brian Bleak

    Berkshire Hathaway HomeServices California Properties

    (310) 230-3773

    3 in this area

    4 Total Sales

    Brian Bleak
    Section Image
  • Laurie Hudson

    Buyer's Agent in 2015

    Laurie Hudson

    Berkshire Hathaway HomeServices California Properties

    (310) 890-2160

    15 in this area

    24 Total Sales

    Laurie Hudson
    Section Image
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Map

Source: The MLS

MLS Number: 15-820689

The MLS

APN: 4431-015-012

California Los Angeles County Pacific Palisades 90272

1659 Michael Ln, Pacific Palisades, CA

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