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1817 Michael Lane

1817 Michael Lane, Pacific Palisades, CA 90272
Sold May 12, 2020
$2,100,000
$1,680,000 by Silicon Valley Bank
Mortgage Due Jun 01, 2050
Sold Jan 21, 1998
Transfer
$624,000 by Washington Mutual Bank Fa
Mortgage Due Feb 01, 2028
Nearby Listings
The property has no active listings. Please see other similar options below.
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1817 Michael Lane in Pacific Palisades, CA was first built in 1978 and is 46 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 contemporary style. There are a total of 2 floors. There are a total of 15 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 1817 Michael Lane has 3,195 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 8,299 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. For those who need parking, there is a attached garage. There is one available parking space. 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 good. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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. Based on our sources, 1817 Michael Lane was last sold in Mar 9, 2020 for $2,100,000. According to our calculations, that's $657.28 per sqft. Current property owners are expected to pay $25,767 in taxes per year. The property on 1817 Michael Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,207,473. To break that down further, the land itself was valued at $1,366,531. While improvements to the property were assessed at a total of $840,942. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 15
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Contemporary
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,299
  • Total Building Area: 3,195
  • Building Area: 3,195
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,195
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 32200
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=32200*(EX OF ST) LOT/SEC 3

Ownership

  • Current Owner : SHERIDAN MICHAEL J
  • Current Owner 2: SHERIDAN STACY A
  • Previous Owner : BRUNELLE JOYCE
  • Owner Before Previous Owner: LEWITT BERTRAM J
  • Owner Before Previous Owner 2: LEWITT RAQUEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 30-A6
  • Subdivision Tract Number: 32200
  • Parcel: 4431-014-013
  • Lot: 3
  • Municipality: WEST /PAC PALISADES
  • Latitude: 34.0785
  • Longitude: -118.559

    Address

  • Full Address: 1817 Michael Ln
  • Address - House Number: 1817
  • Address - Street Name: Michael
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Pacific Palisades
  • Carrier Code: C018
  • 4-Digit Zip Code: 2043
  • Zip Code: 90272

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,767
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 2,926,825
  • High Value: 3,580,672
  • Low Value: 2,272,978

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,680,000
  • First Open Lien Mortgage Lender: SILICON VALLEY BANK
  • First Open Lien Mortgage Recording Date: May 12, 2020
  • First Open Lien Mortgage Loan Amount: $1,680,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,207,473
  • Assessed Land Value: $1,366,531
  • Assessed Improvements Value: $840,942

    Sales

  • Current Sale Contract Date: Mar 09, 2020
  • Current Sale Recording Date: May 12, 2020
  • Current Sale Transaction ID: 11759962280
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0517116
  • Previous Sale Recording Date: Jan 21, 1998
  • Previous Sale Contract Date: Jan 13, 1998
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SILICON VALLEY BANK
  • First Mortgage Transaction Date: May 12, 2020
  • First Mortgage Loan Amount: $1,680,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jan 21, 1998
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $624,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2028

About West Los Angeles



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1817 Michael Lane located in?
The 1817 Michael Lane is a house located in the neighborhood of Palisades Highlands in West Los Angeles, Pacific Palisades.
What is the average sales price for listings in 1817 Michael Lane?
The average sales price for units in 1817 Michael Lane is $0 currently.

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