1531 Michael Ln, Pacific Palisades, CA 90272
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1531 Michael Ln Pacific Palisades, CA 90272

$1,685,000 Sold Price as of 06/29/2022
  • 3 Beds
  • 1.5 Baths
  • 1,857 Sq.Ft.
Sold
$1,685,000 Sold Price as of 06/29/2022 Refinance Your Mortgage

Map preview of 1531 Michael Ln, Pacific Palisades, CA 90272

Property Overview: 1531 Michael Ln Pacific Palisades, CA has 3 bedrooms, 1.5 bathrooms, 1,857 living square feet and 333,295 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This beautiful, end-unit townhouse with mountain views boasts high ceilings, a highly desirable floor plan and truly feels like a home. With French Oak floors throughout the home, the main floor has a formal dining room, spacious living room and an adjacent view-facing patio, remodeled kitchen with Quartz counters, custom cabinetry, and a large center island with plenty of room for entertaining and gathering. Upstairs are three bedrooms including a large primary suite with fireplace, 2 walk-in closets, and an ample-size bathroom. A private, direct-entry 2-car garage completes the package. With exceptional landscaping, pool, spa, and gym, this is a highly regarded HOA within The Highlands and you're just minutes from top-rated schools and the Palisades Village with its restaurants and boutiques. You won't want to miss this one!

Listed by Anne Burkin | BRE #01802520 | Douglas Elliman of California, Inc.
Last checked: 11 minutes ago | Last updated: June 30th, 2022 | Source CRMLS | DOM: 8

Home details

Lot Sq. Ft
333,295
HOA Dues
$775/mo
Year built
1977
Garage
2 Car
Property Type:
Townhouse
Status
Sold
MLS#
22157131
City
Pacific Palisades
County
Los Angeles
Time on Site
681 days

Property Details for 1531 Michael Ln

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included, In Garage
Fireplace Information
  • Has Fireplace
  • Master Bedroom
Room Information
  • Flooring: Wood, Tile
  • Living Room, Master Bathroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Microwave, Refrigerator, Gas Cooktop, Oven, Double Oven
  • Kitchen Island
Bathroom Information
  • # of Baths (Full): 1
  • # of Baths (1/2): 1
  • # of Baths (1/4): 0
  • # of Baths (3/4): 1
Interior Features
  • Open Floorplan
Exterior Features
Exterior Information
  • Roof: Tile
  • Has Spa
  • Spa Features: Community
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: Heated, Community
  • Enclosed
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Garage - Two Door, Direct Garage Access
Property Information
  • Has View
  • View: Canyon, Mountain(s)
  • Parcel Number: 4431015072
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Fee: $775 (Monthly)
  • Association Amenities: Pool, Spa/Hot Tub, Sauna, Water, Trash, Earthquake Insurance, Security
Utilities Information
  • Sewer: Other
Location / Neighborhood
Location Information
  • Directions: See Google maps
View more facts & features

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Sale History for 1531 Michael Ln

Last sold for $1,685,000 on June 29th, 2022
  • June, 2022

  • Jun 29, 2022

    Date

    Sold

    CRMLS: 22157131

    $1,685,000

    Price

  • May 17, 2022

    Date

    Active

    CRMLS: 22157131

    $1,720,000

    Price

  • January, 2018

  • Jan 2, 2018

    Date

    Sold

    CRMLS: 17287628

    $1,260,000

    Price

  • Dec 10, 2017

    Date

    Active Under Contract

    CRMLS: 17287628

    $1,279,000

    Price

  • Dec 1, 2017

    Date

    Price Change

    CRMLS: 17287628

    $1,279,000

    Price

  • Nov 9, 2017

    Date

    Active

    CRMLS: 17287628

    $1,329,000

    Price

  • Listing provided courtesy of CRMLS

    Beautiful remodel & excellent floor-plan, this Michael Lane Villa END-UNIT has serene mountain views and truly feels like a home. French Oak hardwood floors compliment the entire 'open' main level: a large living room w/ fireplace that spills out to the view-facing patio, a spacious formal dining room and a gourmet kitchen w/ Quartz counters, subway tile backsplash, SS appliances, custom cabinetry & a crowd gathering island.....truly a kitchen worthy of a multi-million dollar property. Upstairs are three bedrooms/two baths inc: a master suite w/ fireplace, walk-in closet & a luxurious spa-like bath. Highly regarded HOA with amazing landscaping and amenities: pool, spa & gym. Very special property.

  • December, 2017

  • Dec 29, 2017

    Date

    Sold (Public Records)

    Public Records

    $1,260,000

    Price

  • August, 2014

  • Aug 15, 2014

    Date

    Sold (Public Records)

    Public Records

    $912,000

    Price

Show More

Tax History for 1531 Michael Ln

Assessed Value (2020): $1,310,903
Year Land Value Improved Value Assessed Value
2020 $1,031,556 $279,347 $1,310,903

Home Value Compared to the Market

This property vs the competition

1531 Michael Ln sold on June 29, 2022 for 49.1% lower than the current median sold price for the city of Pacific Palisades which is $3,379,000. The median sold price per/sqft for Pacific Palisades is $1,263 and this home is sold at $926.23 per/sqft which puts the price per square foot 26.66% lower than the current median sale per square foot for the city of Pacific Palisades.

About 1531 Michael Ln

Detailed summary of property

1531 Michael Ln is a townhouse that recently sold in Pacific Palisades, CA 90272. This townhouse offered 3 bedrooms, 1.5 bathrooms, roughly 1,857 living square feet, and sits on an approximately 333,295 square foot lot. 1531 Michael Ln was first listed on ArdentRealEstateGroup.com on May 17, 2022. The homeowner sold the property for $1,685,000. Home in Pacific Palisades are selling for a median price of $3,379,000 and a median price per square foot of $1,263. Based on Ardent Real Estate Group's Pacific Palisades Market Data, this home is sold 49.1% lower than the current median priced home. Local homes that are currently for sale include 11327 Chenault St, 1952 Stradella Rd and 1728 Wellesley Ave. This home does have a Homeowners Association and the monthly fee is $775 per month. While the average home in Pacific Palisades, CA is selling in 120 days, 1531 Michael Ln has a days on market of 8 days. There are currently 122 homes for sale in the Pacific Palisades real estate market and 101 of them are single family homes while 15 of them are condos and 6 are townhomes. For more information on this home for sale at 1531 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 1531 Michael Ln

Public county record property details
Beds
3
Baths
3
Year built
1977
Sq. Ft.
1,857
Lot Size
333,321
Stories
--
Type
Condominium Unit (Residential)
Pool
Yes
Spa
No
County
Los Angeles
Lot#
2
APN
4431-015-072

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
$5,199,000
Median List Price/Sq.Ft.
$1,402
Median Sold Price
$3,379,000
Median Sold Price/Sq.Ft.
$1,263
Total Inventory
123
Median Sale to List Price %
112.82%
Avg Days on Market
39
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (27.27%), Other (9.09%)

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Related Resources to 1531 Michael Ln

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.