NOT LISTED FOR SALE

616 N Arden Dr Beverly Hills, CA 90210

Estimated Value: $8,407,000 - $13,103,012

5 Beds
6 Baths
7,435 Sq Ft
$1,383/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $10,036,000 $1,350 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $66,413/month

22 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • City Lights View
  • Hawthorne Elementary School Rated A
  • Gated Parking
  • Living Room with Fireplace

About This Home

As of December 2019

Presenting a magnificent resort like home, on one of the finest streets in the 'flats' of Beverly Hills. Extensively remodeled with the finest materials. Gated with a circular driveway. 2 story voluminous entryway, with a curved staircase. Large formal step-down LR w/ a beautiful F/plc, & beamed ceiling. Formal DR, which can accommodate stately dinners. Fam rm, w/sliding drs, opens to a retreat like lushly-landscaped byard, & a glistening pool. State of the art kitchen, w/ an oversized Ctr island & finest appliances, including a wine ref. Beautiful use of Carrera marble. Dramatic MBR suite, w/a balcony ovr looking a picturesque byard, & city vus. Master bath has a luxurious soaking tub, and an oversized Italian marble shower. All other bedrooms are en-suites. This home is sundrenched-beautiful, w/multiple skylights. There is also a fab GH, w/media/game rm like space, w/ a bar, & a dedicated bedrm suite on its own. Multiple climate control zones. An EXCEPTIONAL BUY in today's market.

Last Agent to Sell the Property

Bobby Syed

Coldwell Banker Realty License #01268188 Listed on: 09/23/2019

Coldwell Banker Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $139,477

Lot Details

  • 0.29 Acre Lot
  • Property is zoned BHR1*

Property Views

  • City Lights
  • Pool

Home Design

  • Spanish Architecture

Interior Spaces

  • 7,435 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Alarm System
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Parking

  • 5 Parking Spaces
  • Circular Driveway
  • Gated Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa

Additional Features

  • Guest House
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4341-005-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$139,477

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: Presenting a magnificent resort like home, on one of the finest streets in the 'flats' of Beverly Hills. Extensively remodeled with the finest materials. This is an exceptional property to call home. Gated with a circular driveway. 2 story voluminous entryway, with a curved staircase. Large formal step-down living room with a beautiful fireplace, and beamed ceiling. Formal dining room, which can accommodate stately dinners. Family room, with sliding doors opens to a retreat like lushly landscaped backyard, and a glistening pool. State of the art kitchen, with an oversized center island made of Staturio Italian Marble. Finest of appliances, including a wine refrigerator. Beautiful use of Carrera marble throughout. Dramatic Master suite, with a balcony over looking a picturesque backyard, and city views. Master bath has a luxurious soaking tub, and an oversized Italian marble shower. All other bedrooms are en-suites as well. This home is sundrenched-beautiful, with multiple skylights. In addition, there is a fabulous guesthouse, with a media room / game room like space, with a bar, and a dedicated bedroom suite on its own. Multiple climate control zones, in this energy efficient home. Come visit! An EXCEPTIONAL BUY in today's market.
  • Living Area: 7435
  • Stories: 2
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood, Marble, Mixed
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Built-Ins
  • Price Per S Q F T: 1438.47

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Spa: In Ground, Private
  • Spa Yn: Yes
  • View: City Lights, Pool, Walk Street
  • View: Yes

Garage/Parking

  • Parking Garage: Circular Driveway, Garage - 2 Car, Gated
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central, Zoned

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4341-005-008
  • Geocode Override: No
  • Lot Size Area: 12794

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2021
Sold by
Setareh Matian and Setareh Yasamin
Bought by
Jmr Estate Llc
Current Estimated Value
$10,283,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,231,900
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2019
Closed on
Oct 31, 2019
Sold by
Suvarna Aatish D
Bought by
Matian Ramin and Matian Yasamin Setarah
Seller's Agent
Bobby Syed
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$10,695,000
Sold Price
$10,036,000
Premium/Discount to List
-$659,000
-6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.82%
Original Mortgage
$6,000,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2019
Sold by
Suvarna Aatish D and Suvarna Atish D
Bought by
Suvarna Aatish D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2019
Closed on
Aug 29, 2019
Sold by
Suvarna Sowjanya
Bought by
Suvarna Aatish D
Seller's Agent
Rochelle Maize
Nourmand & Associates-BH
Buyer's Agent
Rochelle Maize
Nourmand & Associates-BH
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,400,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 1, 2014
Closed on
Apr 3, 2015
Sold by
Sglobal Holdings Limited
Bought by
Suvarna Atish D
Seller's Agent
Paul Glassgall
Rodeo Realty - Pacific Palisades
Buyer's Agent
Michael Libow
Compass
List Price
$6,995,000
Sold Price
$6,375,000
Premium/Discount to List
-$620,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$3,999,999
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 1, 2014
Closed on
Mar 26, 2015
Sold by
Suvarna Sowjanya A
Bought by
Suvarna Atish D
Seller's Agent
Paul Glassgall
Rodeo Realty - Pacific Palisades
Buyer's Agent
Michael Libow
Compass
List Price
$6,995,000
Sold Price
$6,375,000
Premium/Discount to List
-$620,000
-8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,999,999
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 26, 2014
Sold by
Sglobal Holdings Limited
Bought by
Sglobal Holdings Limited

Purchase Details

Closed on
Sep 13, 2004
Sold by
Burke Michael S and Burke Joan M
Bought by
Mcorp Bvi Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,860,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2001
Sold by
Burke Michael S and Burke Joan M
Bought by
Burke Michael S

Purchase Details

Closed on
Apr 5, 2001
Sold by
Westerman Lecia
Bought by
Burke Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
7.25%

Purchase Details

Closed on
Mar 15, 2000
Sold by
Sable Land Corp
Bought by
Westerman Lecia
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
Jmr Estate Llc $11,126,000 Provident Title
Matian Ramin $10,000,000 None Available
Suvarna Aatish D -- Title Connect Inc
Suvarna Aatish D -- First American Title
Suvarna Atish D $6,375,000 Equity Title
Suvarna Atish D -- Equity Title
Sglobal Holdings Limited -- None Available
Mcorp Bvi Ltd -- Fidelity National Title
Burke Michael S -- --
Burke Michael S -- --
Burke Michael $3,000,000 Equity Title Company
Westerman Lecia -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jmr Estate Llc $7,231,900
Previous Owner Matian Ramin $5,000,000
Previous Owner Matian Ramin $1,000,000
Previous Owner Matian Ramin $6,000,000
Previous Owner Suvarna Aatish D $6,400,000
Previous Owner Suvarna Atish D $300,000
Previous Owner Suvarna Atish D $100,000
Previous Owner Suvarna Aatish D $200,000
Previous Owner Suvarna Aatish D $200,000
Previous Owner Suvarna Atish $5,224,794
Previous Owner Suvarna Atish D $200,000
Previous Owner Suvarna Atish D $200,000
Previous Owner Suvarna Atish D $250,000
Previous Owner Suvarna Atish D $3,999,999
Previous Owner Mcorp Bvi Ltd $3,860,000
Previous Owner Burke Michael S $1,950,000
Previous Owner Burke Michael S $1,950,000
Previous Owner Burke Michael S $1,950,000
Previous Owner Burke Michael S $1,950,000
Previous Owner Burke Michael $1,950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $10,036,000 -6.2% $1,350 / Sq Ft
09/23/2019 09/23/19 For Sale $10,695,000 0.0% $1,438 / Sq Ft
07/01/2019 07/01/19 Rented $80,000 +122.2% --
06/25/2019 06/25/19 For Rent $36,000 0.0% --
06/19/2019 06/19/19 Off Market $36,000 -- --
06/19/2019 06/19/19 For Rent $36,000 0.0% --
06/09/2019 06/09/19 Off Market $36,000 -- --
06/04/2019 06/04/19 For Rent $36,000 0.0% --
04/10/2015 04/10/15 Sold $6,375,000 -8.9% $988 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
10/01/2014 10/01/14 For Sale $6,995,000 -- $1,084 / 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 $139,477 $11,806,997 $7,642,394 $4,164,603
2024 $139,477 $11,575,489 $7,492,544 $4,082,945
2023 $136,946 $11,348,520 $7,345,632 $4,002,888
2022 $123,255 $10,305,670 $5,584,745 $4,720,925
2021 $119,685 $10,103,599 $5,475,241 $4,628,358
2019 $81,610 $6,868,366 $5,350,754 $1,517,612
2018 $78,443 $6,733,693 $5,245,838 $1,487,855
2016 $75,310 $6,472,218 $5,042,137 $1,430,081
2015 $63,516 $5,613,477 $3,240,739 $2,372,738
2014 $61,374 $5,503,518 $3,177,258 $2,326,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-513542

The MLS

APN: 4341-005-008