NOT LISTED FOR SALE

241 S Palm Dr Beverly Hills, CA 90212

Estimated Value: $4,421,000 - $6,723,000

5 Beds
5 Baths
4,200 Sq Ft
$1,225/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $3,818,850 $909 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $31,281/month

15 Days on Market

Highlights

  • Solar Power System
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • Beverly Vista Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of March 2017

Immaculate 2001 Mediterranean residence with 5 Bedrooms, 5 Bathrooms and family room. 4 bedrooms and 3 bathrooms on the 2nd floor with a 5th bedroom suite on the first floor. Step down living room with a fireplace with built-in cherry cabinets and shelving. Formal dining room with built-in cherry china cabinets and hutch. Kitchen has an island, pantry and breakfast area that overlooks the backyard. Master suite has sitting area suitable for a home office with a built-in desk, large walk-in professionally designed closets. Hardwood floors. Rare 1 parking space garage and tandem parking on driveway.

Last Agent to Sell the Property

Magali Bergher

Carolwood Estates License #01013383 Listed on: 01/16/2017

Carolwood Estates

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • 6,677 Sq Ft Lot
  • Property is zoned BHR1YY

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Alarm System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms

Parking

  • 1 Car Garage
  • Attached Carport

Utilities

  • Air Conditioning
  • Central Heating

Additional Features

  • Solar Power System
  • Open Patio

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4331-017-011

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Stories: 2
  • Year Built: 2001
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 5
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Central Vacuum, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Solar Panels

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Attached, Garage - 1 Car

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4331-017-011
  • Geocode Override: No
  • Lot Size Area: 6677

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2017
Closed on
Feb 6, 2017
Sold by
Lewis Lee L
Bought by
Lu Ying Ying and Ying Ying Lu Trust
Seller's Agent
Magali Bergher
Carolwood Estates
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$3,888,000
Sold Price
$3,818,850
Premium/Discount to List
-$69,150
-1.78%
Current Estimated Value
$5,145,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,326,273
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Jan 14, 2016
Sold by
Lewis Lee L
Bought by
Lewis Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2003
Sold by
Lewis Lee L
Bought by
Lewis Lee L and Lewis Leora R

Purchase Details

Closed on
Sep 1, 2002
Sold by
Lewis Lee L
Bought by
Lewis Lee L and Lewis Leora R

Purchase Details

Closed on
Sep 10, 1998
Sold by
Selzer Jeffrey W Tr
Bought by
Lewis Lee L and Lewis Leora R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,000
Interest Rate
6.79%

Purchase Details

Closed on
Nov 25, 1994
Sold by
Selzer Louis A
Bought by
Selzer Louis Allen and Louis Allen Selzer Trust
Source: Public Records
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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
Lu Ying Ying $3,819,000 Provident Title Company
Lewis Family Trust -- None Available
Lewis Lee L -- Westem Resources Title Co
Lewis Lee L -- --
Lewis Lee L -- --
Lewis Lee L $695,000 Equity Title Company
Selzer Louis Allen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Lee L $259,000
Previous Owner Lewis Lee L $487,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $3,818,850 -1.8% $909 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $3,888,000 0.0% $926 / Sq Ft
04/01/2014 04/01/14 Rented $9,250 -5.6% --
03/28/2014 03/28/14 Under Contract -- -- --
03/21/2014 03/21/14 For Rent $9,800 +9.5% --
02/01/2013 02/01/13 Rented $8,950 -0.4% --
02/01/2013 02/01/13 Under Contract -- -- --
01/16/2013 01/16/13 For Rent $8,990 -- --
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 $52,525 $4,432,040 $2,849,816 $1,582,224
2024 $52,525 $4,345,138 $2,793,938 $1,551,200
2023 $51,578 $4,259,940 $2,739,155 $1,520,785
2022 $50,099 $4,176,413 $2,685,447 $1,490,966
2021 $48,639 $4,094,524 $2,632,792 $1,461,732
2019 $47,237 $3,973,079 $2,554,702 $1,418,377
2018 $45,406 $3,895,176 $2,504,610 $1,390,566
2016 $21,843 $1,866,584 $1,017,510 $849,074
2015 $18,373 $1,619,745 $725,257 $894,488
2014 $17,765 $1,588,018 $711,051 $876,967
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-193206

The MLS

APN: 4331-017-011