NOT LISTED FOR SALE

131 N Gale Dr Unit 1B Beverly Hills, CA 90211

Estimated Value: $665,999 - $1,009,000

1 Bed
1 Bath
964 Sq Ft
$575/mo HOA Fee

Last Sold May 30, 2018

Last sale price $585,000 $607 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,208/month

30 Days on Market

Highlights

  • Gated Parking
  • Gated Community
  • Wood Flooring
  • Horace Mann Elementary School Rated A
  • Midcentury Modern Architecture
  • Covered Patio or Porch

About This Home

As of May 2018

Come and see this sophisticated one bedroom condo in a Mid Century modern building designed by the famed architect Ray Kappe. The fluid and open floor plan make this a great space for entertaining. The living room is at the heart of the home and is extended by a large patio area perfect for lounging outside. The generous master bedroom features ample closets and a large en-suite bathroom with separate shower and tub. With walls of glass, clean lines and sleek floors, the unit exudes that mid-century vibe that is in high demand. Great for owner users or investors. This condo affords the LA lifestyle with close proximity to the best shopping, restaurants, nightlife and the new metro station coming soon to Beverly Hills!

Last Agent to Sell the Property

Claire Burns

Compass License #01381493 Listed on: 03/21/2018

Compass

Co-Listed By

Rebecca Davis

Compass License #01457341

Last Buyer's Agent

Dorit Pakdaman

Realty Source Incorporated License #01986592

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,786

Year Built

  • Built in 1962

Lot Details

  • 0.3

HOA Fees

  • $575 Monthly HOA Fees

Home Design

  • Midcentury Modern Architecture
  • Entry on the 1st floor

Interior Spaces

  • 964 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Subterranean Parking
  • Gated Parking
  • Controlled Entrance

Additional Features

  • Covered Patio or Porch
  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4334-022-167

Community Details

Overview

  • 19 Units
  • Maintained Community

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,786

Year Built

Built in 1962

Lot Details

0

HOA Fees

$575 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Street Number Display: Yes
  • Complex Name: The Point
  • Entry Floor: 1
  • Living Area: 964
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1962
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Wood
  • Bedrooms: 1
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 606.85

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Covered, Tile
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Controlled Entrance, Subterranean
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Elevator, Gated Community, Gated Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 575.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4334-022-167
  • Geocode Override: No
  • Lot Size Area: 12992

Multi Family

  • Number Of Units: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jul 27, 2018
Sold by
Pakdaman Mehrdad and Pakdaman Dorit R
Bought by
La Live Rentals Llc
Seller's Agent
Claire Burns
Compass
Buyer's Agent
Dorit Pakdaman
Realty Source Incorporated
List Price
$585,000
Sold Price
$585,000
Current Estimated Value
$754,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,500
Avg. Annual Appreciation
3.20%

Purchase Details

Listed on
Mar 21, 2018
Closed on
Apr 26, 2018
Sold by
Heins Gregory
Bought by
Pakdaman Mehrdad and Pakdaman Dorit
Seller's Agent
Claire Burns
Compass
Buyer's Agent
Dorit Pakdaman
Realty Source Incorporated
List Price
$585,000
Sold Price
$585,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2016
Closed on
Mar 9, 2016
Sold by
Pourziaee Bobby
Bought by
Heins Gregory
Seller's Agent
Yale Scott
The Collective Realty
Buyer's Agent
Drew Mazur
Compass
List Price
$549,000
Sold Price
$550,000
Premium/Discount to List
$1,000
0.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$450,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2010
Sold by
The Point At Beverly Hills Inc
Bought by
Palmer Richard A and Palmer Gary F
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
La Live Rentals Llc -- Accommodation
Pakdaman Mehrdad $585,000 Old Republic Title Company
Heins Gregory $550,000 Title 365
Palmer Richard A -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pakdaman Mehrdad $438,750
Previous Owner Heins Gregory $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $585,000 0.0% $607 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $585,000 +6.4% $607 / Sq Ft
03/24/2016 03/24/16 Sold $550,000 +0.2% $571 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $549,000 -- $570 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,786 $654,247 $196,274 $457,973
2024 $7,786 $641,420 $192,426 $448,994
2023 $7,650 $628,844 $188,653 $440,191
2022 $7,432 $616,514 $184,954 $431,560
2021 $7,211 $604,427 $181,328 $423,099
2019 $7,123 $596,700 $404,838 $191,862
2018 $6,705 $572,219 $376,312 $195,907
2016 $5,205 $450,973 $274,354 $176,619
2015 $4,983 $444,200 $270,233 $173,967
2014 $4,824 $435,500 $264,940 $170,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-325428

The MLS

APN: 4334-022-167