$8,194,000 - $15,079,286
RENTED AUG 25, 2024

614 N Palm Dr Beverly Hills, CA 90210

6 Beds
10 Baths
8,457 Sq Ft
$1,321 Price per Sq Ft

Last Sold December 18, 2020

Last sale price $10,775,000 $1,274 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $73,693/month

About This Home

As of December 2020

Discover a realm of unparalleled luxury where Mediterranean and Contemporary styles converge to create a stunning masterpiece. This SMART HOME, completed in 2013, offers a seamless blend of elegance and technology, furnished to perfection and ready for immediate enjoyment. The grandeur of this home is evident in every detail, from the 30-foot ceilings and statement spiral staircase to the state-of-the-art lighting and security systems.Boasting 6 bedrooms and 10 bathrooms, this home offers an abundance of space for luxurious living. The gourmet kitchen is a chef's dream, featuring a designer marble island and top-of-the-line appliances. Each bedroom is a private retreat, complete with an ensuite bathroom, walk-in closet, and private patio. The primary suite is a sanctuary of indulgence, featuring dual walk-in closets, dual primary baths - one with a Jacuzzi, and a spacious sitting area with views of the yard. Transportation is effortless with a private elevator, gated driveway, and a 10-car subterranean garage. Outside, an entertainer's paradise awaits, with an outdoor kitchen, gazebo, hot tub, waterfall, and meticulously manicured gardens. Experience the pinnacle of luxury living in this exceptional home, where every detail has been carefully curated to provide the ultimate in comfort and style.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 25, 2021
Sold by
Kohan Emil James
Bought by
Koftan Emil James and The Palm Trust
Seller's Agent
Elena Safaei
Golden Real Estate Group
Buyer's Agent
Diana Arias
Douglas Elliman
Sold Price
$55,000
Current Estimated Value
$11,173,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,118,762

Purchase Details

Listed on
Aug 20, 2020
Closed on
Nov 5, 2020
Sold by
Tsoong Victoria J
Bought by
Kohan Emil James
Seller's Agent
Gus Ruelas
The Agency
Buyer's Agent
Gus Ruelas
The Agency
List Price
$12,900,000
Sold Price
$10,775,000
Premium/Discount to List
-$2,125,000
-16.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.86%
Original Mortgage
$7,003,750
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2014
Closed on
Jul 22, 2014
Sold by
Kharrazi Izak
Bought by
Tsoong Victoria J and Victoria J Tsoong Trust
Seller's Agent
William Rose
The Agency
Buyer's Agent
Santiago Arana
The Agency
List Price
$9,500,000
Sold Price
$8,800,000
Premium/Discount to List
-$700,000
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$7,800,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 22, 2002
Sold by
Barry Steven M and Barry Alan G
Bought by
Kharrazi Izak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.37%

Range of Values:

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ICE

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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
Koftan Emil James -- None Available
Kohan Emil James $10,775,000 Western Resources Title
Tsoong Victoria J $8,800,000 Provident Title Company
Kharrazi Izak -- Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohan Emil James $1,000,000
Open Kohan Emil James $7,003,000
Closed Kohan Emil James $7,003,750
Previous Owner Tsoong Victoria J $7,800,000
Previous Owner Kharrazi Izak $3,900,000
Previous Owner Kharrazi Izak $500,000
Previous Owner Kharrazi Izak $1,250,000
Previous Owner Kharrazi Izak $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2024 08/25/24 Rented $34,000 -2.9% --
05/07/2024 05/07/24 Price Changed $34,999 -12.3% $4 / Sq Ft
05/01/2024 05/01/24 For Rent $39,900 -27.5% --
10/08/2021 10/08/21 Rented $55,000 0.0% --
06/23/2021 06/23/21 For Rent $55,000 0.0% --
12/18/2020 12/18/20 Sold $10,775,000 -16.5% $1,274 / Sq Ft
11/02/2020 11/02/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $12,900,000 +46.6% $1,525 / Sq Ft
09/05/2014 09/05/14 Sold $8,800,000 -7.4% $1,041 / Sq Ft
07/14/2014 07/14/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $9,500,000 -- $1,123 / Sq Ft

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 $137,360 $11,434,515 $10,399,838 $1,034,677
2023 $134,860 $11,210,310 $10,195,920 $1,014,390
2022 $130,981 $10,990,500 $9,996,000 $994,500
2021 $127,227 $10,775,000 $9,800,000 $975,000
2020 $114,934 $9,670,661 $7,489,269 $2,181,392
2019 $111,976 $9,481,041 $7,342,421 $2,138,620
2018 $107,661 $9,295,139 $7,198,452 $2,096,687
2016 $103,470 $8,934,199 $6,918,928 $2,015,271
2015 $99,021 $8,800,000 $6,815,000 $1,985,000
2014 -- $6,901,059 $2,362,969 $4,538,090
Source: Public Records

Agents Affiliated with this Home

  • Tracy Tutor

    Seller's Agent in 2024

    Tracy Tutor

    Compass

    (310) 595-3889

    2 in this area

    119 Total Sales

    Tracy Tutor
    Section Image
  • Valerie Fitzgerald

    Buyer's Agent in 2024

    Valerie Fitzgerald

    Coldwell Banker Realty

    (310) 285-7515

    5 in this area

    37 Total Sales

    Valerie Fitzgerald
    Section Image
  • Elena Safaei

    Seller's Agent in 2021

    Elena Safaei

    Golden Real Estate Group

    (213) 253-8882

    1 in this area

    8 Total Sales

    Elena Safaei
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Javad Safaei

    Golden Real Estate Group

    (310) 910-3333

    3 Total Sales

    Javad Safaei
    Section Image
  • Diana Arias

    Buyer's Agent in 2021

    Diana Arias

    Douglas Elliman

    (619) 358-0844

    10 Total Sales

    Diana Arias
    Section Image
  • Gus Ruelas

    Seller's Agent in 2020

    Gus Ruelas

    The Agency

    (626) 375-5401

    1 in this area

    32 Total Sales

    Gus Ruelas
    Section Image
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Map

California Los Angeles County Beverly Hills 90210

614 N Palm Dr, Beverly Hills, CA

Homes for Sale in Beverly Hills, CA

This home is located at 614 N Palm Dr, Beverly Hills, CA 90210 and is currently estimated at $11,173,762, approximately $1,321 per square foot. 614 N Palm Dr is a home located in Los Angeles County with nearby schools including Hawthorne Elementary School, Beverly Hills High School, and Good Shepherd Catholic School.

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