SOLD DEC 18, 2020
RENTED AUG 25, 2024
614 N Palm Dr Beverly Hills, CA 90210
5
Beds
9
Baths
8,457
Sq Ft
0.3
Acres
Highlights
- In Ground Pool
- Fireplace in Primary Bedroom
- Mediterranean Architecture
- Hawthorne Elementary School Rated A
- Wood Flooring
- Home Office
About This Home
As of December 2020This beautiful Mediterranean home is the definition of opulence. Lush gardens deliver you to a grand entrance hall with spiral staircase and 25 ft. ceilings. The kitchen boasts a Wolf range and a show stopping Turkish marble island, while wood-paneling and a wet bar adorn a sophisticated library. Begging for a high-society soiree, the backyard has an outdoor kitchen and bath, waterfall and custom-tiled pool and hot tub. The en-suite bedrooms have walk-in closets, private patios and full soaking tubs in each. His and hers baths and closets enhance the master suite--hers boasts a Jacuzzi tub, while his features a shower with dual rain heads. You may never leave home again, what with the convenience of a fitness room, sauna and a fully wired rom awaiting a home theater. State-of-the-art security, Vantage lighting system and a personal elevator ensure you'll want for nothing, as do the custom bank vault, en-suite maid's room and subterranean 10-car garage. Enjoy unparalleled luxury with this Beverly Hills gem.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $137,360
Year Built
- Built in 2013
Lot Details
- 0.3 Acre Lot
- Property is zoned BHR1*
Parking
- 10 Car Garage
- Parking Available
Home Design
- Mediterranean Architecture
Interior Spaces
- 8,457 Sq Ft Home
- 3-Story Property
- Gas Fireplace
- Family Room with Fireplace
- Living Room with Fireplace
- Home Office
- Basement
Flooring
- Wood
- Stone
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
Pool
- In Ground Pool
- Waterfall Pool Feature
Additional Features
- Covered patio or porch
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 4341011007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2021
Closed on
Aug 25, 2021
Sold by
Kohan Emil James
Bought by
Koftan Emil James and The Palm Trust
Seller's Agent
Elena Safaei
Golden Real Estate Group
Buyer's Agent
Diana Arias
Douglas Elliman
Sold Price
$55,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,682,873
Purchase Details
Listed on
Aug 20, 2020
Closed on
Nov 5, 2020
Sold by
Tsoong Victoria J
Bought by
Kohan Emil James
Seller's Agent
Gus Ruelas
The Agency
Buyer's Agent
Gus Ruelas
The Agency
List Price
$12,900,000
Sold Price
$10,775,000
Premium/Discount to List
-$2,125,000
-16.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.76%
Original Mortgage
$7,003,750
Interest Rate
2.25%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 20, 2014
Closed on
Jul 22, 2014
Sold by
Kharrazi Izak
Bought by
Tsoong Victoria J and Victoria J Tsoong Trust
Seller's Agent
William Rose
The Agency
Buyer's Agent
Santiago Arana
The Agency
List Price
$9,500,000
Sold Price
$8,800,000
Premium/Discount to List
-$700,000
-7.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$7,800,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Aug 22, 2002
Sold by
Barry Steven M and Barry Alan G
Bought by
Kharrazi Izak
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.37%
Similar Homes in Beverly Hills, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $10,775,000 | Western Resources Title | |
| Grant Deed | $8,800,000 | Provident Title Company | |
| Grant Deed | -- | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,000,000 | Credit Line Revolving | |
| Open | $7,003,000 | New Conventional | |
| Closed | $7,003,750 | New Conventional | |
| Previous Owner | $7,800,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $3,900,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,250,000 | Unknown | |
| Previous Owner | $1,400,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2024 08/25/24 | Rented | $34,000 | -2.9% | -- |
| 05/07/2024 05/07/24 | Price Changed | $34,999 | -12.3% | $4 / Sq Ft |
| 05/01/2024 05/01/24 | For Rent | $39,900 | -27.5% | -- |
| 10/08/2021 10/08/21 | Rented | $55,000 | 0.0% | -- |
| 06/23/2021 06/23/21 | For Rent | $55,000 | 0.0% | -- |
| 12/18/2020 12/18/20 | Sold | $10,775,000 | -16.5% | $1,274 / Sq Ft |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- |
| 08/20/2020 08/20/20 | For Sale | $12,900,000 | +46.6% | $1,525 / Sq Ft |
| 09/05/2014 09/05/14 | Sold | $8,800,000 | -7.4% | $1,041 / Sq Ft |
| 07/14/2014 07/14/14 | Pending | -- | -- | -- |
| 03/20/2014 03/20/14 | For Sale | $9,500,000 | -- | $1,123 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History Compared to Growth
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 | $137,360 | $11,434,515 | $10,399,838 | $1,034,677 |
| 2023 | $134,860 | $11,210,310 | $10,195,920 | $1,014,390 |
| 2022 | $130,981 | $10,990,500 | $9,996,000 | $994,500 |
| 2021 | $127,227 | $10,775,000 | $9,800,000 | $975,000 |
| 2020 | $114,934 | $9,670,661 | $7,489,269 | $2,181,392 |
| 2019 | $111,976 | $9,481,041 | $7,342,421 | $2,138,620 |
| 2018 | $107,661 | $9,295,139 | $7,198,452 | $2,096,687 |
| 2016 | $103,470 | $8,934,199 | $6,918,928 | $2,015,271 |
| 2015 | $99,021 | $8,800,000 | $6,815,000 | $1,985,000 |
| 2014 | -- | $6,901,059 | $2,362,969 | $4,538,090 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Tutor
Seller's Agent in 2024
Tracy Tutor
Compass
(310) 595-3889
2 in this area
128 Total Sales
-
Valerie Fitzgerald
Buyer's Agent in 2024
Valerie Fitzgerald
Coldwell Banker Realty
(310) 285-7515
4 in this area
35 Total Sales
-
Elena Safaei
Seller's Agent in 2021
Elena Safaei
Golden Real Estate Group
(213) 253-8882
1 in this area
8 Total Sales
-
Javad Safaei
J
Seller Co-Listing Agent in 2021
Javad Safaei
Golden Real Estate Group
(310) 910-3333
3 Total Sales
-
Diana Arias
Buyer's Agent in 2021
Diana Arias
Douglas Elliman
(619) 358-0844
10 Total Sales
-
Gus Ruelas
Seller's Agent in 2020
Gus Ruelas
The Agency
(626) 375-5401
1 in this area
33 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P0-820003334
APN: 4341-011-007
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