NOT LISTED FOR SALE

613 N Palm Dr Unit 613 1/2 Beverly Hills, CA 90210

Estimated Value: $7,877,000 - $9,290,000

1 Bed
1 Bath
825 Sq Ft
$10,421/Sq Ft Est. Value

About This Home

Now available as of July 1, 2021! Long-term lease only. Rare opportunity on this furnished Guest Unit in the heart of the Flats of Beverly Hills. Sunlit great room with high vaulted ceiling, wood floors and French doors opening to large shared grounds with pool/spa and mature foliage. Utilities are included. Shared outdoor laundry closet. Kitchenette with small refrigerator and sink. One gated parking space is included. Pets will be considered on an individual basis only. Truly an exceptional opportunity in one of the most exclusive locations in the world and moments from the finest amenities in the Westside. Stringent credit guidelines will be observed.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2007
Sold by
Manavi Farshad
Bought by
Manavi Farshad and Manavi Orna
Current Estimated Value
$8,597,236

Purchase Details

Closed on
Nov 14, 2005
Sold by
Johns Kos
Bought by
Manavi Farshad and Manavi Orna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,500
Interest Rate
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 20, 2004
Sold by
Hellmund Mary
Bought by
Johns Kos and Johns Aphrodite

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2004
Sold by
Storey Tim
Bought by
Hellmund Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,995,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2004
Sold by
Hellmund Leopoldo
Bought by
Hellmund Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,995,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2003
Sold by
Storey Roxanne Smith
Bought by
Storey Tim and Storey Roxanne Smith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,995,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2003
Sold by
Smith Chester
Bought by
Storey Roxanne Smith

Purchase Details

Closed on
Jun 27, 2000
Sold by
Corsi Rita
Bought by
Smith Chester and Smith Naomi L

Purchase Details

Closed on
Jun 4, 1993
Sold by
Amm Robert M
Bought by
Corsi Rita
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Manavi Farshad -- None Available
Manavi Farshad $4,235,000 California Title Company
Johns Kos -- First American Title Company
Hellmund Mary $2,850,000 --
Hellmund Mary -- Gateway Title Company
Storey Tim -- Fidelity National Title
Storey Roxanne Smith -- First American Title Ins Co
Smith Chester $1,800,000 Fidelity National Title Co
Corsi Rita -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farshad & Orna Manavi Trust $3,715,000
Closed Manavi Farshad $400,000
Closed Manavi Farshad $400,000
Closed Farshad $3,000,000
Closed Manavi Farshad $1,000,000
Closed Manavi Farshad $600,000
Closed Manavi Farshad $3,467,600
Closed Manavi Farshad $423,500
Closed Manavi Farshad $2,964,500
Previous Owner Johns Kos $525,000
Previous Owner Johns Kos $2,100,000
Previous Owner Hellmund Mary $1,995,000
Previous Owner Storey Tim $505,000
Previous Owner Corsi Rita $577,000
Closed Johns Kos $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Rented $3,800 0.0% --
07/29/2021 07/29/21 Under Contract -- -- --
05/09/2021 05/09/21 For Rent $3,800 -- --

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
2024 $68,430 $5,673,998 $4,539,205 $1,134,793
2023 $67,192 $5,562,744 $4,450,201 $1,112,543
2022 $65,264 $5,453,672 $4,362,943 $1,090,729
2021 $63,372 $5,346,739 $4,277,396 $1,069,343
2019 $61,543 $5,188,154 $4,150,527 $1,037,627
2018 $59,129 $5,086,427 $4,069,145 $1,017,282
2017 $57,731 $4,986,694 $3,989,358 $997,336
2016 $56,780 $4,888,917 $3,911,136 $977,781
2015 $54,346 $4,815,482 $3,852,388 $963,094
2014 $50,671 $4,555,000 $3,645,000 $910,000
Source: Public Records

Agents Affiliated with this Home

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