NOT LISTED FOR SALE

632 N Palm Dr Beverly Hills, CA 90210

Estimated Value: $8,226,000 - $23,199,788

7 Beds
12 Baths
13,550 Sq Ft
$1,160/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $20,000,000 $1,476 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $109,102/month

120 Days on Market

Highlights

  • Wine Cellar
  • Pool House
  • Fireplace in Primary Bedroom
  • Hawthorne Elementary School Rated A
  • Sauna
  • Contemporary Architecture

About This Home

As of July 2021

Behind the gates & lush landscape in the coveted Beverly Hills Flats, this brand-new Hamptons-inspired modern w/ a 5-car subterranean garage is the culmination of privacy, style & entertainment near Rodeo Dr & other world-class destinations. Perfect indoor/outdoor lifestyle awaits in an L-shaped estate w/ exquisite walnut wood paneling & Hermes leather backdrop, overlooking an expansive pool. Formal living, dining & office are framed by glass sliders showcasing a custom-built outdoor entertaining area w/ BBQ/ bar & pool/spa. Rarely does a home embody both warmth & modern aesthetics & provide social & family possibilities. Chefs kitchen & an oversized glass wine cellar fulfill culinary ideals. Downstairs is an entertainment oasis w/ soaring 11 ft ceilings, glowing marble wine wall, bar, theater w/ blue leather seats, gym w/ sauna & massage. Upstairs boasts study & 5 bedrooms including a sumptuous primary suite w/ marble baths w/ soaking tub. The ultimate entertainers dream home.

Last Agent to Sell the Property

Rayni Williams

The Beverly Hills Estates License #01496786 Listed on: 01/26/2021

The Beverly Hills Estates

Co-Listed By

Branden Williams

The Beverly Hills Estates License #01774287

Last Buyer's Agent

Jordan Rubinstein

Century Park Realty, Inc. License #01736033

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $250,773

Year Built

  • Built in 2021

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 102x180
  • Property is zoned BHR1*

Home Design

  • Contemporary Architecture

Interior Spaces

  • 13,550 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Bar
  • Wine Cellar
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Home Office
  • Sauna
  • Home Gym
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Parking

  • 10 Parking Spaces
  • Driveway

Pool

  • Pool House
  • In Ground Pool
  • Spa

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4341-011-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$250,773

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Street Number Display: Yes
  • Living Area: 13550
  • Lot Acreage: 0.4040
  • Lot Dimensions: 102x180
  • Stories: 3
  • Year Built: 2021
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Fireplace Rooms: Dining, Living Room, Master Bedroom
  • Flooring: Carpet, Tile, Wood
  • Bedrooms: 7
  • Fireplaces: 5
  • Full Bathroom: 10
  • Half Bathroom: 2
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Room
  • Total Bathrooms: 12.00
  • Den: 0
  • Equipment: Barbeque, Built-Ins, Microwave, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 1770.85

Exterior Features

  • Other Structures: Pool House
  • Pool Description: Private
  • Pool: Yes
  • Spa: Private
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Covered Parking: 5
  • Parking Garage: Driveway, Subterranean
  • Total Parking: 10

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4341-011-016
  • Lot Size Area: 17605

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2021
Closed on
Jul 1, 2021
Sold by
632 N Palm Drive Llc
Bought by
Kurland Family Investments Llc
Seller's Agent
Rayni Williams
The Beverly Hills Estates
Buyer's Agent
Jordan Rubinstein
Century Park Realty, Inc.
List Price
$23,995,000
Sold Price
$20,000,000
Premium/Discount to List
-$3,995,000
-16.65%
Total Days on Market
120
Current Estimated Value
$15,712,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,287,106
Avg. Annual Appreciation
-5.61%

Purchase Details

Closed on
Aug 15, 2018
Sold by
Cohan Michael
Bought by
632 N Palm Drive Llc

Purchase Details

Closed on
Jul 13, 2015
Sold by
Cohan Linda B
Bought by
Cohan Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,160,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2014
Sold by
Gumbiner Tessie
Bought by
Cohan Perry and P & F Cohan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,160,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Kurland Family Investments Llc $20,000,000 First Amer Ttl Co Glendale
632 N Palm Drive Llc -- None Available
Cohan Michael -- Lawyers Title
Cohan Michael -- Lawyers Title
Cohan Perry $6,400,064 Set Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 632 N Palm Drive Llc $2,500,000
Previous Owner Cohan Michael $4,157,000
Previous Owner Cohan Michael $4,160,000
Previous Owner Cohan Perry $4,160,000
Previous Owner Gumbiner Tessie $417,000
Previous Owner Gumbiner Charles $668,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $20,000,000 -16.6% $1,476 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $23,995,000 -- $1,771 / 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 $250,773 $20,808,000 $14,565,600 $6,242,400
2023 $246,222 $20,400,000 $14,280,000 $6,120,000
2022 $259,148 $20,000,000 $14,000,000 $6,000,000
2021 $90,818 $7,645,624 $5,798,440 $1,847,184
2020 $90,518 $7,567,229 $5,738,985 $1,828,244
2019 $83,653 $7,033,068 $5,626,456 $1,406,612
2018 $80,284 $6,895,166 $5,516,134 $1,379,032
2016 $85,457 $7,350,000 $5,744,500 $1,605,500
2015 $73,787 $6,527,871 $5,222,297 $1,305,574
2014 -- $2,097,138 $1,958,493 $138,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-684038

The MLS

APN: 4341-011-016