1027 Summit Dr Beverly Hills, CA 90210
5
Beds
8
Baths
6,456
Sq Ft
0.69
Acres
Highlights
- Tennis Courts
- Wine Cellar
- 0.69 Acre Lot
- Beverly Hills High School Rated A
- Heated In Ground Pool
- Fireplace in Primary Bedroom
About This Home
As of May 2017Special opportunity to own a tennis court estate in Beverly Hills city. Circular drive leads to 2-story Traditional with 2-story entry with circular staircase. Custom hardwood floors in most rooms, large living room opens to pool, tennis court, formal dining room & gorgeous kitchen. Incredible library with wet bar and fireplace. Master bedroom is large with his & her baths and closets. 3 additional guest bedrooms plus maids & bath. This will go quickly.
Last Agent to Sell the Property
Westside Estate Agency Inc. License #00388759 Listed on: 01/25/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $162,287
Year Built
- Built in 1946
Lot Details
- 0.69 Acre Lot
- Property is zoned BHR1*
Home Design
- Traditional Architecture
- Shake Roof
Interior Spaces
- 6,456 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Built-In Features
- Bar
- Wine Cellar
- Living Room with Fireplace
- 4 Fireplaces
- Dining Room
- Home Office
- Library with Fireplace
- Bonus Room
- Center Hall
- Security System Owned
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Powder Room
- 8 Full Bathrooms
- Spa Bath
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Direct Access Garage
- Side by Side Parking
- Garage Door Opener
Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Tennis Courts
- Enclosed patio or porch
- Outdoor Grill
Utilities
- Central Heating and Cooling System
- Sewer in Street
Community Details
- No Home Owners Association
- Service Entrance
Listing and Financial Details
- Assessor Parcel Number 4348-012-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 24, 2021
Sold by
Watertree Bh 18 Llc
Bought by
Ghassemieh Babak and Gareis Jennifer
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,250,000
Interest Rate
2.7%
Mortgage Type
Commercial
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%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.58%
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%
Similar Homes in Beverly Hills, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $12,950,000 | Equity Title Company | |
| Grant Deed | $12,250,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Credit Line Revolving | |
| Closed | $250,000 | Credit Line Revolving | |
| Open | $8,250,000 | New Conventional | |
| Closed | $8,250,000 | Commercial | |
| Previous Owner | $4,900,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,800,000 | Credit Line Revolving | |
| Previous Owner | $1,100,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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
-
Seller's Agent in 2020
Fariba Bolour
Sotheby's International Realty
(310) 666-2216
3 in this area
11 Total Sales
-
Buyer's Agent in 2020
James Harris
Carolwood Estates
(310) 733-8038
9 in this area
211 Total Sales
-
Buyer Co-Listing Agent in 2020
David Parnes
Carolwood Estates
(310) 894-3435
11 in this area
132 Total Sales
-
Buyer's Agent in 2019
Jamie Sher
The Sher Group
(323) 304-2455
22 Total Sales
-
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: 17-196034
APN: 4348-012-014
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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