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1516 Michael Ln Pacific Palisades, CA 90272

$815,008 Sold Price as of 09/16/2010
  • 3 Beds
  • 4 Baths
  • 2,467 Sq.Ft.
Off Market
$815,008 Sold Price as of 09/16/2010 Refinance Your Mortgage
Map preview of 1516 Michael Ln, Pacific Palisades, CA 90272

Property Overview: 1516 Michael Ln Pacific Palisades, CA has 3 bedrooms, 4 bathrooms, 2,467 living square feet and 400,185 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1516 Michael Ln is currently an off market home in the city of Pacific Palisades. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Pacific Palisades has a median list price of $3,900,000. The median price per/sqft for Pacific Palisades is $1,296. With those numbers in mind, if you are looking to purchase a median priced home in Pacific Palisades, CA and put 20% down you will need to save up $780,000 for the down payment and will need roughly $78,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Pacific Palisades the commission could be as much as $143,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1516 Michael Ln

Last sold for $815,008 on September 16th, 2010

  • September, 2010

  • Sep 16, 2010

    Date

    Sold (Public Records)

    Public Records

    $815,008

    Price

Tax History for 1516 Michael Ln

Assessed Value (2020): $954,746
Year Land Value Improved Value Assessed Value
2020 $638,450 $316,296 $954,746

About 1516 Michael Ln

Detailed summary of property

1516 Michael Ln is a condominium in Pacific Palisades, CA 90272 and last sold on September 16, 2010 for $815,008. This condo has 3 bedrooms, 4 bathrooms, roughly 2,467 living square feet, and sits on an approximately 400,185 square foot lot. Homes in Pacific Palisades are selling for a median price of $2,860,000 and a median price per square foot of $1,302. Based on Ardent Real Estate Group's Pacific Palisades Market Data, this home is sold 71.5% lower than the current median priced home. 1516 Michael Ln was last sold on September 16, 2010 for $815,008. Local nearby listings include 1756 Correa Way, 13233 Riviera Ranch Rd and 1756 Correa Way. The average home in Pacific Palisades, CA is selling in 115 days. There are currently 151 homes for sale in the Pacific Palisades real estate market and 118 of them are single family homes while 20 of them are condos and 13 are townhomes. If you are the homeowner and looking to sell the home at 1516 Michael Ln Pacific Palisades, CA 90272 contact Ardent Real Estate Group and we will put you in touch with one of our Pacific Palisades agents.

Public Facts for 1516 Michael Ln

Public county record property details
Beds
3
Baths
4
Year built
1979
Sq. Ft.
2,467
Lot Size
400,185
Stories
--
Type
Condominium Unit (Residential)
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
4431-015-093

The source for these homes facts are from public records.

90272 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$3,850,000
Median List Price/Sq.Ft.
$1,290
Median Sold Price
$2,860,000
Median Sold Price/Sq.Ft.
$1,302
Total Inventory
150
Median Sale to List Price %
88%
Avg Days on Market
38
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (8.11%), Other (0%)

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Homes for Sale Near 1516 Michael Ln

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Open Tue 2pm-5pm
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Recently Sold Homes Near 1516 Michael Ln

2249 Canyonback Rd, Los Angeles, CA 90049
$1,575,000 Last Sold Price
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1 Baths
2790 Sq.Ft.
2249 Canyonback Rd
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2208 Canyonback Rd, Los Angeles, CA 90049
$1,975,000 Last Sold Price
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2896 Sq.Ft.
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4 Beds
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12623 Promontory Rd, Los Angeles, CA 90049
$2,560,000 Last Sold Price
4 Beds
4 Baths
4824 Sq.Ft.
12623 Promontory Rd
Los Angeles, CA 90049

Nearby Homes to 1516 Michael Ln

Data from public records.

3 Beds | 4 Baths | 2,435 Sq. Ft.
2 Beds | 3 Baths | 1,926 Sq. Ft.
3 Beds | 4 Baths | 2,435 Sq. Ft.
3 Beds | 4 Baths | 2,467 Sq. Ft.
3 Beds | 3 Baths | 2,081 Sq. Ft.
2 Beds | 3 Baths | 1,926 Sq. Ft.
3 Beds | 3 Baths | 1,857 Sq. Ft.
3 Beds | 3 Baths | 1,852 Sq. Ft.
2 Beds | 5 Baths | 1,955 Sq. Ft.
3 Beds | 3 Baths | 1,857 Sq. Ft.
3 Beds | 3 Baths | 1,983 Sq. Ft.
2 Beds | 3 Baths | 1,926 Sq. Ft.

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