NOT LISTED FOR SALE

1007 Summit Dr Beverly Hills, CA 90210

Estimated Value: $6,386,217 - $7,671,000

3 Beds
4 Baths
3,669 Sq Ft
$1,893/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $6,006,000 $1,637 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $42,562/month

23 Days on Market

Highlights

  • Midcentury Modern Architecture
  • Family Room with Fireplace
  • Open Patio
  • Beverly Hills High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of July 2018

Incredible development opportunity in one of the most affluent neighborhoods in LA! Prime BH location, north of Sunset. Perfectly situated on a beautiful tree-lined street, this charming mid-century modern home has impressive frontage and boasts original details throughout. Generously sized living and dining areas feature Parquet wooden flooring and floor-to-ceiling windows, providing abundant natural light. The home benefits from an open, spacious floorplan and sits on a mostly flat lot. The garden is a private oasis enclosed by lush landscaping and flourishing fruit trees. Relish the home's unique character by restoring its timeless design, expanding the current property or building the ultimate estate. This is a Trust Sale, no court confirmation is required.

Last Agent to Sell the Property

Sally Forster Jones

Compass License #00558939 Listed on: 03/22/2018

Compass

Last Buyer's Agent

Nicole Plaxen

Sotheby's International Realty License #01772151

Sotheby's International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 0.39 Acre Lot
  • Property is zoned BHR1*

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 3,669 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Oven or Range
  • Ice Maker
  • Disposal

Flooring

  • Parquet
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Attached Carport
  • Driveway

Outdoor Features

  • Open Patio

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 4348-012-020

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mid-Century
  • Street Number Display: Yes
  • Living Area: 3669
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet, Parquet, Tile
  • Bedrooms: 3
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Garbage Disposal, Hood Fan, Ice Maker, Range/Oven, Refrigerator
  • Price Per S Q F T: 1606.70

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Carport Attached, Driveway - Concrete
  • Total Parking: 2

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 4348-012-020
  • Geocode Override: No
  • Lot Size Area: 16949

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2018
Sold by
City National Bank
Bought by
Ten 30 Bc Llc
Current Estimated Value
$6,945,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,204,200
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2005
Sold by
City National Bank
Bought by
City National Bank and The Patricia L Steiner Residual Trust B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ten 30 Bc Llc $6,006,000 California Title Co
City National Bank -- --
City National Bank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ten 30 Bc Llc $4,204,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2018 07/03/18 Sold $6,006,000 +1.9% $1,637 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $5,895,000 -- $1,607 / 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
2025 $79,260 $6,699,804 $5,359,845 $1,339,959
2024 $79,260 $6,568,436 $5,254,750 $1,313,686
2023 $77,826 $6,439,644 $5,151,716 $1,287,928
2022 $75,594 $6,313,377 $5,050,702 $1,262,675
2021 $73,408 $6,189,586 $4,951,669 $1,237,917
2019 $71,291 $6,006,000 $4,804,800 $1,201,200
2018 $13,606 $1,156,294 $814,993 $341,301
2016 $5,247 $439,420 $258,871 $180,549
2015 $5,030 $432,820 $254,983 $177,837
2014 $4,884 $424,343 $249,989 $174,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-325864

The MLS

APN: 4348-012-020