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201 North Palm Drive

201 North Palm Drive, Beverly Hills, CA 90210
Property in Beverly Hills
Refi May 02, 2023
Transfer
$2,900,000 by First Republic Bank
Mortgage Due Jun 01, 2053
201 North Palm Drive has been categorized by the local assessors in Beverly Hills, CA as a residential type of property. The building on the property was first built in 1989 and is 35 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 201 North Palm Drive has 4,522 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $16,449 in taxes per year. The property on 201 North Palm Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,378,026. To break that down further, the land itself was valued at $468,561. While improvements to the property were assessed at a total of $909,465. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,522
  • Building Area: 4,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,522
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4794
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 4794 LOT/SEC 20 BLK/DIV/TWN 1

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Beverly Hills Unified School District
  • Census Tract: 700801

Zoning

  • Zoning: BHR1YY

Geography

  • Assessors Map Reference: 42-C1
  • Subdivision Tract Number: 4794
  • Parcel: 4342-025-020
  • Block: 1
  • Lot: 20
  • Municipality: WEST /BEV HILLS SOUTH
  • Latitude: 34.0694
  • Longitude: -118.393

    Address

  • Full Address: 201 N Palm Dr
  • Address - House Number: 201
  • Street Direction: N
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C025
  • 4-Digit Zip Code: 4917
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,449
  • Tax Rate Code Area: 02-410

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 4,068,266
  • High Value: 4,986,781
  • Low Value: 3,149,751

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $5,300,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: May 02, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053
  • Second Open Lien Mortgage Lender: CITY NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Feb 17, 2016
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $2,400,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,378,026
  • Assessed Land Value: $468,561
  • Assessed Improvements Value: $909,465

    Exemptions

  • Homeowner Exemption: Yes

About Beverly Hills



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Frequently Asked Questions

What neighborhood is 201 North Palm Drive located in?
The 201 North Palm Drive is a located in the neighborhood of Beverly Hills in Beverly Hills, Beverly Hills.
What is the average sales price for listings in 201 North Palm Drive?
The average sales price for units in 201 North Palm Drive is $0 currently.

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