Landlord's Agent in 2020
Fariba Bolour
Sotheby's International Realty
(310) 666-2216
2 in this area
10 Total Sales
1027 Summit Dr Beverly Hills, CA 90210
Estimated Value: $7,372,000 - $14,592,925
5
Beds
7.5
Baths
6,456
Sq Ft
$1,599/Sq Ft
Est. Value
Highlights
- In Ground Pool
- 29,940 Sq Ft lot
- Traditional Architecture
- Beverly Hills High School Rated A
- Family Room with Fireplace
- Pool View
About This Home
As of June 2020This beautiful, traditional tennis court estate with a tranquil backyard and an inviting pool is located in the heart of Beverly Hills. The circular driveway leads to a 2-story entry with a grand staircase. The home's spacious living room opens to a formal dining room and the backyard. The gorgeous kitchen with new counter tops, 2 ovens, 2 dishwashers and 2 pantries is great for entertainment. A large family room with bar and fireplace, master bedroom with his and hers baths and closets, office, 3 additional bedrooms upstairs, staff's room downstairs and a bonus room make this the most comfortable home for sharing with the family, hosting and entertaining. Minutes away from famous Rodeo Drive, shops, restaurants, Beverly Hills Hotel, Montage Hotel and Beverly Wilshire Hotel.
Last Agent to Rent the Property
Sotheby's International Realty License #01490929 Listed on: 11/01/2019
Home Details
Home Type
- Single Family
Year Built
- Built in 1946
Lot Details
- 0.69 Acre Lot
- Property is zoned BHR1*
Parking
- 3 Car Attached Garage
Home Design
- Traditional Architecture
- Split Level Home
Interior Spaces
- 6,456 Sq Ft Home
- 2-Story Property
- Built-In Features
- Entryway
- Family Room with Fireplace
- Living Room with Fireplace
- Formal Dining Room
- Home Office
- Pool Views
Kitchen
- Walk-In Pantry
- Oven or Range
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
Utilities
- Air Conditioning
- Central Heating
Listing and Financial Details
- Security Deposit $56,000
- Tenant pays for cable TV, electricity, gas, insurance, trash collection, water, hot water
- 12 Month Lease Term
- Assessor Parcel Number 4348-012-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2017
Closed on
May 22, 2017
Sold by
Gersh Linda and Moray David
Bought by
Watertree Bh18 Llc
Seller's Agent
Stephen Shapiro
Westside Estate Agency Inc.
Buyer's Agent
Fariba Bolour
Sotheby's International Realty
List Price
$12,750,000
Sold Price
$12,250,000
Premium/Discount to List
-$500,000
-3.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,926,358
Avg. Annual Appreciation
-1.96%
Purchase Details
Closed on
Jun 10, 2010
Sold by
Moray Sidney and The Moray Family Trust
Bought by
Moray Sidney and The Moray Family Trust
Purchase Details
Closed on
Apr 2, 1998
Sold by
Moray Sidney Trs Moray Family Trust
Bought by
Moray Sidney and Moray Family Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.07%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Watertree Bh18 Llc | $12,250,000 | Equity Title Company | |
| Moray Sidney | -- | None Available | |
| Moray Sidney | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Moray Sidney | $1,100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/26/2020 06/26/20 | Rented | $25,000 | -3.8% | -- | |
| 05/06/2020 05/06/20 | Price Changed | $26,000 | -7.1% | $4 / Sq Ft | |
| 11/01/2019 11/01/19 | For Rent | $28,000 | -15.2% | -- | |
| 07/01/2019 07/01/19 | Rented | $33,000 | +22.2% | -- | |
| 06/17/2019 06/17/19 | For Rent | $27,000 | +22.7% | -- | |
| 09/17/2018 09/17/18 | Rented | $22,000 | -10.2% | -- | |
| 08/09/2018 08/09/18 | Price Changed | $24,500 | -9.3% | $4 / Sq Ft | |
| 07/02/2018 07/02/18 | For Rent | $27,000 | +1.9% | -- | |
| 01/01/2018 01/01/18 | Rented | $26,500 | -5.4% | -- | |
| 10/02/2017 10/02/17 | For Rent | $28,000 | 0.0% | -- | |
| 05/31/2017 05/31/17 | Sold | $12,250,000 | -2.0% | $1,897 / Sq Ft | View Prior Sale |
| 05/23/2017 05/23/17 | Pending | -- | -- | -- | |
| 03/23/2017 03/23/17 | Price Changed | $12,500,000 | -9.1% | $1,936 / Sq Ft | |
| 02/07/2017 02/07/17 | Price Changed | $13,750,000 | +7.8% | $2,130 / Sq Ft | |
| 01/25/2017 01/25/17 | For Sale | $12,750,000 | -- | $1,975 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $162,287 | $13,742,642 | $10,994,114 | $2,748,528 |
| 2024 | $162,287 | $13,473,180 | $10,778,544 | $2,694,636 |
| 2023 | $159,341 | $13,209,000 | $10,567,200 | $2,641,800 |
| 2022 | $154,848 | $12,950,000 | $10,360,000 | $2,590,000 |
| 2021 | $155,541 | $13,134,474 | $10,507,580 | $2,626,894 |
| 2020 | $155,030 | $12,999,797 | $10,399,838 | $2,599,959 |
| 2019 | $151,052 | $12,744,900 | $10,195,920 | $2,548,980 |
| 2018 | $145,191 | $12,495,000 | $9,996,000 | $2,499,000 |
| 2016 | $8,015 | $667,683 | $329,291 | $338,392 |
| 2015 | $7,684 | $657,655 | $324,345 | $333,310 |
| 2014 | $7,458 | $644,773 | $317,992 | $326,781 |
Source: Public Records
Agents Affiliated with this Home
-
Fariba Bolour
-
James Harris
Tenant's Agent in 2020
James Harris
Carolwood Estates
(310) 733-8038
12 in this area
205 Total Sales
-
David Parnes
Buyer Co-Listing Agent in 2020
David Parnes
Carolwood Estates
(310) 894-3435
12 in this area
130 Total Sales
-
Jamie Sher
Buyer's Agent in 2019
Jamie Sher
The Sher Group
(323) 304-2455
23 Total Sales
-
Michelle S. Lally
M
Buyer's Agent in 2018
Michelle S. Lally
The Beverly Hills Estates
(310) 927-6072
7 Total Sales
-
M
Buyer's Agent in 2018
Michael Mac Dermott
Rodeo Realty
Map
Source: The MLS
MLS Number: 19-524856
APN: 4348-012-014
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