NOT LISTED FOR SALE

1031 Summit Dr Beverly Hills, CA 90210

Estimated Value: $7,562,000 - $15,354,892

4 Beds
5 Baths
7,187 Sq Ft
$1,470/Sq Ft Est. Value

Last Sold December 17, 2013

Last sale price $13,000,000 $1,809 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $77,547/month

670 Days on Market

Highlights

  • Home Theater
  • Indoor Spa
  • City Lights View
  • Beverly Hills High School Rated A
  • Heated In Ground Pool
  • Fireplace in Primary Bedroom

About This Home

As of December 2013

Long gated private driveway leads to contemporary farmhouse of unparalleled quality, timeless design, the finest materials & accoutrements. Construction was completed in 2007. Highlights include: most dramatic 2-story living rm w/ floor to ceiling sliding windows that open to covered veranda w/ frplc, oversized lap pool & stunning green gardens. Glorious dream kit, dining rm & media rm all w/ sliding french doors that open to outdoor dining area & rustic pizza oven. Addtly downstairs is a bar rm & glass enclosed wine rm as well as a staff bdrm & bath (nice enough to be a guest). Upstairs the extra wide hallway leads to the sitting rm entry to master bdrm featuring open beamed cathedral ceiling, generous his/hers walk-in closets, gym, & large custom blue stone mstr bth & huge entertaining terrace overlooking the City. Also upstairs is the oak paneled office & 2 generous guest bdrms ensuite. A work of art in every sense of the word that offers the best of CA living & entertaining.

Last Agent to Sell the Property

Stephen Shapiro

Westside Estate Agency Inc. License #00388759 Listed on: 01/18/2012

Westside Estate Agency Inc.

Co-Listed By

Jon Bronson

Westside Estate Agency Inc. License #01345269

Last Buyer's Agent

Stephen Shapiro

Westside Estate Agency Inc. License #00388759 Listed on: 01/18/2012

Westside Estate Agency Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 142x120
  • Gated Home
  • Property is zoned BHR1*

Home Design

  • Shake Roof

Interior Spaces

  • 7,187 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Indoor Spa
  • Sauna
  • Home Gym
  • Wood Flooring
  • City Lights Views
  • Security System Owned

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 8 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Heated In Ground Pool
  • Covered Patio or Porch
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Phone System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 4348-012-013

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 7187
  • Lot Acreage: 0.3900
  • Lot Dimensions: 142x120
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 2006
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Master Bedroom, Patio, Wood Burning
  • Flooring: Hardwood
  • Bedrooms: 4
  • Fireplaces: 4
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Network Wire, Phone System, Range/Oven, Refrigerator, Satellite, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1913.18

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated, Private
  • Pool: Yes
  • Roof: Shake
  • Spa: Indoor
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Door Opener, Garage
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Owned
  • Sewer: In Street

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4348-012-013
  • Lot Size Area: 16990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Summit Residence Trust
Bought by
R And L Donner Trust and Donner
Current Estimated Value
$10,565,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2012
Closed on
Nov 20, 2013
Sold by
Birnbaum Roger
Bought by
Agra Hughes Cristina and Summit Residence Trust
Seller's Agent
Stephen Shapiro
Westside Estate Agency Inc.
Buyer's Agent
Stephen Shapiro
Westside Estate Agency Inc.
List Price
$15,750,000
Sold Price
$13,000,000
Premium/Discount to List
-$2,750,000
-17.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.70%

Purchase Details

Closed on
Oct 16, 2008
Sold by
Birnbaum Roger
Bought by
Birnbaum Roger and Roger Birnbaum Family Trust

Purchase Details

Closed on
May 3, 2007
Sold by
Birnbaum Pamela West
Bought by
Birnbaum Roger

Purchase Details

Closed on
Apr 10, 2007
Sold by
Gallin Albert S
Bought by
Birnbaum Roger

Purchase Details

Closed on
Nov 22, 2005
Sold by
Wallet Andrew M and Luckett Don
Bought by
Gallin Albert S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
R And L Donner Trust $22,797,000 Stewart Title Guaranty Company
Agra Hughes Cristina $13,000,130 Stewart Title
Birnbaum Roger -- None Available
Birnbaum Roger -- None Available
Birnbaum Roger -- Provident Title Company
Birnbaum Roger -- Provident Title Company
Gallin Albert S -- Landamerica Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner R And L Donner Trust $10,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2013 12/17/13 Sold $13,000,000 -5.5% $1,809 / Sq Ft
11/18/2013 11/18/13 Pending -- -- --
09/17/2013 09/17/13 Price Changed $13,750,000 -6.8% $1,913 / Sq Ft
03/19/2013 03/19/13 Price Changed $14,750,000 -6.3% $2,052 / Sq Ft
01/18/2012 01/18/12 For Sale $15,750,000 -- $2,191 / 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 $274,158 $11,941,858 $8,066,436 $3,875,422
2024 $274,158 $22,797,000 $18,000,000 $4,797,000
2023 $184,642 $15,317,395 $10,339,245 $4,978,150
2022 $179,334 $15,017,055 $10,136,515 $4,880,540
2021 $174,144 $14,722,604 $9,937,760 $4,784,844
2019 $169,111 $14,285,925 $9,643,001 $4,642,924
2018 $162,693 $14,005,810 $9,453,923 $4,551,887
2016 $156,257 $13,461,949 $9,086,816 $4,375,133
2015 $149,553 $13,259,739 $8,950,324 $4,309,415
2014 $144,551 $13,000,000 $8,775,000 $4,225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-576177

The MLS

APN: 4348-012-013