NOT LISTED FOR SALE

618 N Palm Dr Beverly Hills, CA 90210

Estimated Value: $7,458,000 - $14,517,302

7 Beds
8.5 Baths
7,606 Sq Ft
$1,367/Sq Ft Est. Value

Last Sold February 21, 2019

Last sale price $10,026,465 $1,318 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $68,655/month

9 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Maid or Guest Quarters
  • Hawthorne Elementary School Rated A
  • French Country Architecture
  • Fireplace in Primary Bedroom

About This Home

As of February 2019

Private and gated transitional French Estate in the heart of Beverly Hills is remodeled with exquisite quality & detail. This custom home showcases 7 bedrooms, 9 baths and approximately 7,606 sq. ft. under roof, including large guest house, covered loggias & 2 car garage. Expansive lower level showcases a grand formal LR & DR-perfect for large gatherings. Stunning center-isle kitchen overlooks grounds with lawn, Pool, Spa, BBQ Center & mature hedging.The sweeping staircase leads to 4 en-suite bedrooms plus a one-of-a-kind Beverly Hills Dog Spa! Private master suite with FP, expansive sitting room and terrace overlooking the private grounds. Exquisite dual spa-like baths, sauna & showroom walk-in closets. This home is quintessential Beverly Hills living at its finest.

Last Agent to Sell the Property

Rochelle Maize

Nourmand & Associates-BH License #01365331 Listed on: 01/12/2019

Nourmand & Associates-BH

Co-Listed By

Gayle Weiss

Nourmand & Associates-BH License #01050268

Last Buyer's Agent

Robby Sutton

The Beverly Hills Estates License #01079743

The Beverly Hills Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $132,579

Year Built

  • Built in 1988

Lot Details

  • 0.31 Acre Lot
  • Property is zoned BHR1*

Parking

  • Driveway

Home Design

  • French Country Architecture

Interior Spaces

  • 7,606 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Home Gym
  • Property Views

Kitchen

  • Oven or Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer

Additional Features

  • Heated In Ground Pool
  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4341-011-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$132,579

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country French
  • Street Number Display: Yes
  • Living Area: 7606
  • Stories: 2
  • Year Built: 1988
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 7
  • Full Bathroom: 8
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Range/Oven, Refrigerator
  • Price Per S Q F T: 1300.95

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered
  • Pool: Yes
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4341-011-009
  • Geocode Override: No
  • Lot Size Area: 13367

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Jan 18, 2019
Sold by
Spivak Arthur and Hessel Spivak Jillian
Bought by
Benveniste David and Golden Boy Living Trust
Seller's Agent
Rochelle Maize
Nourmand & Associates-BH
Buyer's Agent
Robby Sutton
The Beverly Hills Estates
List Price
$9,895,000
Sold Price
$10,026,465
Premium/Discount to List
$131,465
1.33%
Current Estimated Value
$10,400,767

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,302
Avg. Annual Appreciation
0.83%
Original Mortgage
$6,600,000
Outstanding Balance
$5,689,592
Interest Rate
3.07%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,885,843

Purchase Details

Closed on
Sep 14, 2017
Sold by
Spivak Arthur
Bought by
Spivak Arthur and Hessei Spivak Jillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,977,500
Interest Rate
3.94%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 19, 2004
Sold by
Spivak Arthur
Bought by
Spivak Arthur and Hessel Spivak Jillian

Purchase Details

Closed on
Mar 12, 2001
Sold by
Fogelman Louis C
Bought by
Spivak Arthur and Hessel Spivak Jillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.06%
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
Benveniste David $10,026,500 First American Title
Spivak Arthur -- None Available
Spivak Arthur -- Usa National Title Company
Spivak Arthur -- --
Spivak Arthur $3,225,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benveniste David $6,600,000
Previous Owner Spivak Arthur $11,977,500
Previous Owner Spivak Arthur $308,000
Previous Owner Spivak Arthur $1,000,000
Previous Owner Spivak Arthur $1,100,000
Closed Spivak Arthur $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2019 02/21/19 Sold $10,026,465 +1.3% $1,318 / Sq Ft
01/21/2019 01/21/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $9,895,000 -- $1,301 / 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
2024 $132,579 $11,004,529 $6,018,442 $4,986,087
2023 $130,174 $10,788,755 $5,900,434 $4,888,321
2022 $125,987 $10,539,640 $5,784,740 $4,754,900
2021 $122,340 $10,332,981 $5,671,314 $4,661,667
2019 $65,678 $4,356,344 $1,992,300 $2,364,044
2018 $49,816 $4,270,927 $1,953,236 $2,317,691
2016 $47,799 $4,105,085 $1,877,391 $2,227,694
2015 $45,756 $4,043,423 $1,849,191 $2,194,232
2014 $44,219 $3,964,219 $1,812,968 $2,151,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-423082

The MLS

APN: 4341-011-009