NOT LISTED FOR SALE

Estimated Value: $1,130,000 - $1,676,000

2 Beds
2 Baths
1,766 Sq Ft
0.58 Acres Lot

Sale Details

Date Sold: June 17, 2014

Last sale price $906,000 $513 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,122 / mo

74 Days on Market

Highlights

  • Concierge
  • Primary Bedroom Suite
  • Views of Trees
  • Hawthorne Elementary School Rated A
  • Gated Parking
  • 25,082 Sq Ft lot

About This Home

As of June 2014

COVETED SUNLIT FRONT-FACING 3RD FLOOR UNIT IN PRESTIGIOUS & ELEGANT BUILDING JUST N. OF BURTON WAY. RECENTLY UPGRADED GORGEOUS KITCHEN AND BATHS. MASTER SUITE WITH BALCONY AND WALK-IN CLOSET. "GREAT" RM WITH FIREPLACE & BALCONY. LAUNDRY IN UNIT. CONCIERGE/GUARD DURING MANY HOURS OF THE WEEK ON-SITE. TWO SIDE X SIDE PARKING SPACES. EXTRA STORAGE. LOBBY-LEVEL GYM AND SUN DECK ON ROOF. ENJOY THE BEST OF BEVERLY HILLS PROXIMATE TO THE FINEST AMENITIES IN LA COUNTY!

Last Agent to Sell the Property

Michael Libow

Compass License #00863172 Listed on: 02/13/2014

Compass

Last Buyer's Agent

Susana Salcido

Realty One Group United License #01735201

Realty One Group United

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • West Facing Home

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,766 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Area
  • Views of Trees
  • Breakfast Area or Nook
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite

Parking

  • Parking Garage
  • Gated Parking
  • Guest Parking

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4342-003-102

Community Details

Overview

  • 28 Units
  • Low-Rise Community

Amenities

  • Concierge
  • Sundeck
  • Elevator

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0.58 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: No
  • Complex Name: ROYAL PALM GARDENS
  • Entry Floor: 3
  • Living Area: 1766
  • Planned Urban Dev: 0
  • Stories: 4
  • Year Built: 1980
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Suite
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins
  • Fireplace: Yes
  • Price Per S Q F T: 546.43

Exterior Features

  • Balcony: TWO
  • Direction Faces: West
  • Tennis Court Y/N: No
  • Exposure: W
  • Patio: Living Room Balcony
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Gated, Subterr Side by Side
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Community

Association/Amenities

  • Amenities: Concierge, Elevator, Guest Parking, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 726.00
  • Unit Location: FRONT

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4342-003-102
  • Geocode Override: No
  • Lot Size Area: 25082

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2014
Closed on
May 27, 2014
Sold by
324 Palm Investment Llc
Bought by
Zaki Ahmed and Hua Suzann
Seller's Agent
Michael Libow
Compass
Buyer's Agent
Susana Salcido
Realty One Group United
List Price
$965,000
Sold Price
$906,000
Premium/Discount to List
-$59,000
-6.11%
Current Estimated Value
$1,333,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$427,290
Avg. Annual Appreciation
3.31%
Original Mortgage
$679,500
Outstanding Balance
$517,813
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$815,477

Purchase Details

Closed on
Dec 16, 2009
Sold by
Farhadi Mehran and Ronco Revocable Family Trust
Bought by
324 Palm Investment Llc

Purchase Details

Closed on
Dec 27, 2006
Sold by
Wetherly Corner Inc
Bought by
Farhadi Mehran and Ronco Revocable Trust

Purchase Details

Closed on
May 22, 1997
Sold by
Nehorai Alex
Bought by
Wetherly Corner Inc

Purchase Details

Closed on
Feb 10, 1997
Sold by
Citicorp Mtg Inc
Bought by
Nehorai Alex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,350
Interest Rate
7.66%

Purchase Details

Closed on
Aug 29, 1996
Sold by
Farhadi Moussa and Farhadi Monavar Moradi
Bought by
Citicorp Mtg Inc and Citibank Fsb
Source: Public Records
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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
Zaki Ahmed $906,009 Commonwealth Land Title Co
324 Palm Investment Llc -- None Available
Farhadi Mehran -- None Available
Wetherly Corner Inc -- Commonwealth Land Title Co
Nehorai Alex $269,818 Stewart Title
Citicorp Mtg Inc $343,380 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaki Ahmed $679,500
Previous Owner Nehorai Alex $202,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $906,000 -6.1% $513 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
02/13/2014 02/13/14 For Sale $965,000 -- $546 / Sq Ft
Source: The MLS

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 $13,210 $1,110,621 $735,269 $375,352
2024 $13,210 $1,088,845 $720,852 $367,993
2023 $12,975 $1,067,496 $706,718 $360,778
2022 $12,604 $1,046,565 $692,861 $353,704
2021 $12,231 $1,026,045 $679,276 $346,769
2019 $11,878 $995,614 $659,129 $336,485
2018 $11,431 $976,093 $646,205 $329,888
2016 $10,965 $938,192 $621,113 $317,079
2015 $10,497 $924,101 $611,784 $312,317
2014 $7,873 $700,301 $433,680 $266,621
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 14-737151

The MLS

APN: 4342-003-102

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