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414 North Palm Drive

414 North Palm Drive, Beverly Hills, CA 90210
Property in Beverly Hills
1 Units For Sale
Unit for sale at 414 N Palm Dr, Beverly Hills, CA 90210

$7,750,000 ↓ $200K

  • 16 Beds
414 N Palm Dr, Beverly Hills, CA 90210 Listing by Hamid Soroudi

Local assessors in Beverly Hills, CA have categorized 414 North Palm Drive as a unknown type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1966. The property's lot size has been calculated to be 7,703 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 16 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 16 full bathrooms. There are also 16 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 414 North Palm Drive has a total of 17,050 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with unknown control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - unknown. Residents rely on unknown for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 414 North Palm Drive was last sold in Aug 4, 2022 for $6,000,000. According to our calculations, that's $351.91 per sqft. Prior to that sales transaction, the property was sold for $675,000 in Feb 9, 2000. Current property owners are expected to pay $12,819 in taxes per year. The property on 414 North Palm Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $6,000,000. To break that down further, the land itself was valued at $4,000,000. While improvements to the property were assessed at a total of $2,000,000. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 16
  • Bathroom Count: 16
  • Full Bathrooms: 16
  • Partial Bathrooms: 16
  • Living Units: 10
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,703
  • Total Building Area: 17,050
  • Gross Building Area: 17,050
  • Building Area: 17,050
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 17,050
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: 5647
  • Land Acres: 0.177
  • Legal Description 1: TRACT # 5647 LOT/SEC 8 BLK/DIV/TWN 6

Ownership

  • Current Owner : 414 PALM DRIVE LLC
  • Previous Owner : 414 BUILDING LLC
  • Owner Before Previous Owner: LEWIN LAWRIN S
  • Owner Before Previous Owner 2: MYERSON RAYMOND KING
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: BHR4YY

Geography

  • Assessors Map Reference: 33-C6
  • Subdivision Tract Number: 5647
  • Parcel: 4342-001-009
  • Block: 6
  • Lot: 8
  • Municipality: WEST /BEVERLY HILLS
  • Latitude: 34.0764
  • Longitude: -118.392

    Address

  • Full Address: 414 N Palm Dr
  • Address - House Number: 414
  • Street Direction: N
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Beverly Hills
  • Carrier Code: C024
  • 4-Digit Zip Code: 4008
  • Zip Code: 90210

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,819
  • Tax Rate Code Area: 02-410

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,195,000
  • First Open Lien Mortgage Lender: AXOS BANK
  • First Open Lien Mortgage Recording Date: Oct 17, 2022
  • First Open Lien Mortgage Loan Amount: $4,195,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Oct 17, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,000,000
  • Assessed Land Value: $4,000,000
  • Assessed Improvements Value: $2,000,000

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Oct 17, 2022
  • Current Sale Transaction ID: 11897318622
  • Current Sale Price: $6,000,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 992221
  • Previous Sale Recording Date: Feb 18, 2000
  • Previous Sale Contract Date: Feb 09, 2000
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: AXOS BANK
  • First Mortgage Transaction Date: Oct 17, 2022
  • First Mortgage Loan Amount: $4,195,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

About Beverly Hills



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Frequently Asked Questions

What neighborhood is 414 North Palm Drive located in?
The 414 North Palm Drive is a located in the neighborhood of Beverly Hills in Beverly Hills, Beverly Hills.
How many listings are currently for sale in 414 North Palm Drive?
There is one unit for sale right now.
What is the average sales price for listings in 414 North Palm Drive?
The average sales price for units in 414 North Palm Drive is $7,750,000 currently.

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