1553 Michael Ln Pacific Palisades, CA 90272

$1,300,000 Sold Price as of 12/12/2017

3 Beds
3 Baths
1,852 Sq.Ft.

Off Market

$1,300,000 Sold Price as of 12/12/2017 Refinance Your Mortgage

Map preview of 1553 Michael Ln, Pacific Palisades, CA 90272

Property Overview: 1553 Michael Ln Pacific Palisades, CA has 3 bedrooms, 3 bathrooms, 1,852 living square feet and 333,321 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1553 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 $3,999,999. The median price per/sqft for Pacific Palisades is $1,274. 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 $800,000 for the down payment and will need roughly $80,000 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.

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote

Local Pacific Palisades Agent

Sale History for 1553 Michael Ln

Last sold for $1,300,000 on December 12th, 2017

December, 2017
Dec 12, 2017

Date

Sold

CRMLS: 17279894

$1,300,000

Price
Nov 16, 2017

Date

Active Under Contract

CRMLS: 17279894

$1,329,000

Price
Nov 10, 2017

Date

Price Change

CRMLS: 17279894

$1,329,000

Price
Oct 23, 2017

Date

Price Change

CRMLS: 17279894

$1,420,000

Price
Oct 12, 2017

Date

Active

CRMLS: 17279894

$1,520,000

Price
Listing provided courtesy of CRMLS

Open floor plan consisting of living room w/ hi-ceilings, volcanic rock fp, and al fresco dining area. Large dining rm w/glass railings and bar lead to kitchen w/ dramatic mood lighting, stainless steel appliances, granite counters, custom cabinetry, new built-in microwave, "d" sink , 2 wine chillers, ceramic floor w/ cozy breakfast bar. Bed downstairs offers complete privacy w/ custom closet & custom Hunter Douglas window coverings thru out home. Central skylight leads to upstairs landing w/ Mahogany bookcase. Master bed w/ new custom walk-in closet, & private balcony for beautiful sunrises. Master bath w/ double sinks, large spa tub. 2nd bedroom w/ updated bath and new closet complete upstairs. New voc paint, Bamboo wood flrs, new tankless water heater, epoxy floor in garage, security system, pool, spa, gym, and sauna. Separate laundry area w/storage. Home is member to exclusive private park w/ dog friendly access, playground & grassy area. Minutes to ocean and hiking.

Continue Reading
December, 2017
Dec 12, 2017

Date

Sold (Public Records)

Public Records

$1,300,000

Price
December, 2004
Dec 3, 2004

Date

Sold (Public Records)

Public Records

$795,000

Price

Tax History for 1553 Michael Ln

Assessed Value (2020): $1,352,519

Year	Land Value	Improved Value	Assessed Value
2020	$1,070,675	$281,844	$1,352,519

About 1553 Michael Ln

Detailed summary of property

1553 Michael Ln is a condominium in Pacific Palisades, CA 90272 and last sold on December 12, 2017 for $1,300,000. This condo has 3 bedrooms, 3 bathrooms, roughly 1,852 living square feet, and sits on an approximately 333,321 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 54.55% lower than the current median priced home. 1553 Michael Ln was last sold on December 12, 2017 for $1,300,000. Local nearby listings include 1756 Correa Way, 1756 Correa Way and 13233 Riviera Ranch Rd. The average home in Pacific Palisades, CA is selling in 114 days. There are currently 150 homes for sale in the Pacific Palisades real estate market and 119 of them are single family homes while 18 of them are condos and 13 are townhomes. If you are the homeowner and looking to sell the home at 1553 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 1553 Michael Ln

Public county record property details

Beds: 3
Baths: 3
Year built: 1977
Sq. Ft.: 1,852
Lot Size: 333,321
Stories: --

Type: Condominium Unit (Residential)
Pool: Yes
Spa: No
County: Los Angeles
Lot#: 2
APN: 4431-015-061

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

$3,999,999

Median List Price/Sq.Ft.

$1,271

Median Sold Price

$2,860,000

Median Sold Price/Sq.Ft.

$1,302

Total Inventory

148

Median Sale to List Price %

88%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (8.11%), Other (0%)

Thinking of Selling?

Is this your property?
Thinking of Selling?
Call, Text or Message

(714) 706-1823

Refinance your Current Mortgage and Save Save $

You could be saving money by taking advantage of a lower rate and reducing your monthly payment. See what current rates are at and get a free no-obligation quote on today's refinance rates.

Get Free Quote