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1694 Michael Lane

1694 Michael Lane, Pacific Palisades, CA 90272
2 Units For Sale
Unit for sale at 1694 Michael Lane, Pacific Palisades, CA 90272

$1,679,000

  • 3 Beds
  • 3.5 Baths
  • 2,435 ft²
1694 Michael Lane, Pacific Palisades, CA 90272 Listing by Marc Tahler

Unit for sale at 1694 Michael Lane, Pacific Palisades, CA 90272

$1,779,000

  • 3 Beds
  • 3.5 Baths
  • 2,435 ft²
1694 Michael Lane, Pacific Palisades, CA 90272 Listing by Marc Tahler

1694 Michael Lane in Pacific Palisades, CA was first built in 1979 and is 45 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Mediterranean style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1694 Michael Lane has 2,435 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 400,413 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $11,460 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1694 Michael Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $981,415. To break that down further, the land itself was valued at $405,825. While improvements to the property were assessed at a total of $575,590. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20230203
02/03/2023
3 Bed
3.5 Bath
2435 ft²
$1,787,000
bedrooms
3 Bed
bathrooms
3.5 Bath
square feet
2435 ft²
-
-
-
Marc Tahler
Rodeo Realty

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Excellent
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Mediterranean
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 400,413
  • Total Building Area: 2,435
  • Building Area: 2,435
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,435
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 31074
  • Land Acres: 9.192
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: *TR=31074 LOT 1 CONDOMINIUM*UNIT 50

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 262601

Zoning

  • Zoning: LARD3

Geography

  • Assessors Map Reference: 109-F5
  • Subdivision Tract Number: 31074
  • Parcel: 4431-015-124
  • Lot: 1
  • Municipality: WEST /N SM/PP/BRENT
  • Latitude: 34.0785
  • Longitude: -118.564

    Address

  • Full Address: 1694 Michael Ln
  • Address - House Number: 1694
  • Address - Street Name: Michael
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C018
  • 4-Digit Zip Code: 2036
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,460
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 96
  • Final Value: 1,761,297
  • High Value: 1,880,646
  • Low Value: 1,641,948

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $1,514,000
  • First Open Lien Mortgage Lender: NATIONAL CITY MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Feb 13, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $332,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2034
  • Second Open Lien Mortgage Lender: BANK OF AMERICA NA
  • Second Open Lien Mortgage Recording Date: Mar 21, 2007
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $332,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2037
  • Third Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • Third Open Lien Mortgage Recording Date: Mar 01, 2023
  • Third Open Lien Mortgage Loan Amount: $850,000
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: New Conventional
  • Third Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $981,415
  • Assessed Land Value: $405,825
  • Assessed Improvements Value: $575,590

    Exemptions

  • Homeowner Exemption: Yes

About West Los Angeles



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Nearby Rentals

Unit for rent at 1694 Michael Ln, Pacific Palisades, CA, 90272

$7,500 /mo

  • 4 Beds
  • 4 Baths
  • 2,435 ft²
1694 Michael Ln, Pacific Palisades, CA, 90272 Listing by Adel Dibaei

Frequently Asked Questions

What neighborhood is 1694 Michael Lane located in?
The 1694 Michael Lane is a located in the neighborhood of Palisades Highlands in West Los Angeles, Pacific Palisades.
How many listings are currently for sale in 1694 Michael Lane?
There are two listings currently on the market for sale.
What is the average sales price for listings in 1694 Michael Lane?
The average sales price for units in 1694 Michael Lane is $1,729,000 , or $710/sqft. currently.

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