NOT LISTED FOR SALE

1154 Summit Dr Beverly Hills, CA 90210

Estimated Value: $6,984,000 - $12,636,835

7 Beds
10 Baths
8,032 Sq Ft
$1,221/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $10,700,000 $1,332 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $67,834/month

10 Days on Market

Highlights

  • In Ground Pool
  • Gated Parking
  • Wood Flooring
  • Beverly Hills High School Rated A
  • Fireplace in Primary Bedroom
  • Home Gym

About This Home

As of February 2014

Gated & private, this Exceptional Tuscan Villa with over 8,000 sq.ft. of living space is located in prime Beverly Hills, just North of Sunset Blvd, & sited on just under a half acre of gorgeous grounds. This stunning estate was throughly renovated & re-built in 2003 with tremendous attention to detail & the finest craftsmanship, & offers incredible scale with high ceilings & generous public rooms. Grand two-story foyer connecting to the formal living room, formal dining room, & library. Spacious gourmet kitchen featuring professional appliances, center island, butler's pantry, & breakfast area. Family room adjoining the kitchen & large media room adjoining the living room. The main level also includes a gym with bath, 2 guest bedroom suites, & maid's suite. The second level offers 3 family bedroom suites & the wonderful master suite. The backyard creates a serene setting & great space for entertaining with fabulous covered patio & outdoor fireplace, lawn, pool & spa.

Last Listed By

Jade Mills

Coldwell Banker Realty License #00526877 Listed on: 01/27/2014

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $155,049

Year Built

  • Built in 1964

Lot Details

  • 0.46 Acre Lot
  • Gated Home
  • Property is zoned BHR1*

Home Design

  • Villa

Interior Spaces

  • 8,032 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 5 Fireplaces
  • Den with Fireplace
  • Library
  • Home Gym
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Powder Room

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Gated Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4348-005-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$155,049

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Villa
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 8032
  • Lot Acreage: 0.4600
  • Stories: 2
  • Year Built: 1964
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Dining, Family Room, Living Room, Master Bedroom
  • Flooring: Carpet, Hardwood, Stone
  • Bedrooms: 7
  • Fireplaces: 5
  • Full Bathroom: 8
  • Half Bathroom: 2
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Maids Room: 1
  • Total Bathrooms: 10.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Freezer, Garbage Disposal, Hood Fan, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 1431.15

Exterior Features

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

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Covered Parking, Door Opener, Driveway, Garage, Garage - 3 Car, Gated
  • Total Parking: 6

Utilities

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

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4348-005-014
  • Geocode Override: No
  • Lot Size Area: 20207

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2014
Closed on
Feb 7, 2014
Sold by
Hannah Carol June and Carol Hannah Family Trust
Bought by
Effs Associates Llc
Seller's Agent
Jade Mills
Coldwell Banker Realty
Buyer's Agent
Fred Bernstein
Westside Estate Agency Inc.
List Price
$11,495,000
Sold Price
$10,700,000
Premium/Discount to List
-$795,000
-6.92%
Total Days on Market
10
Current Estimated Value
$9,810,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$889,582
Avg. Annual Appreciation
-0.21%

Purchase Details

Closed on
Jun 28, 2007
Sold by
Hannah Carol June
Bought by
Hannah Carol June and Carol Hannah Family Trust

Purchase Details

Closed on
Feb 28, 2003
Sold by
Latsko Frederick S
Bought by
Hannah Carol June

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1998
Sold by
Neilson R Todd and The Bankruptcy Estate Of Cathr
Bought by
Latsko Frederick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.78%

Purchase Details

Closed on
Aug 27, 1998
Sold by
Reiff Michael
Bought by
Neilson R Todd and Estate Of Cathryn Reiff

Purchase Details

Closed on
Apr 23, 1996
Sold by
Reiff Cathryn
Bought by
Reiff Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
3.95%

Purchase Details

Closed on
Feb 23, 1996
Sold by
Sun Life Insurance Company Of America
Bought by
Reiff Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,500
Interest Rate
3.95%

Purchase Details

Closed on
Mar 20, 1995
Sold by
Hamdan Khalil Y and Sun Life Insurance Company Of
Bought by
Sun Life Insurance Company Of America

Purchase Details

Closed on
Jan 10, 1995
Sold by
Hamdan Khalil Y
Bought by
Woodline Furniture Manufacturing Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,561
Interest Rate
9.27%

Range of Values:

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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
Effs Associates Llc $10,700,107 Equity Title Company
Hannah Carol June -- None Available
Hannah Carol June $5,450,000 Stewart Title Of Ca Inc
Latsko Frederick S $1,650,000 Equity Title
Neilson R Todd -- --
Reiff Michael -- Continental Lawyers Title Co
Reiff Michael $1,250,000 Continental Lawyers Title Co
Sun Life Insurance Company Of America $1,450,000 --
Woodline Furniture Manufacturing Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hannah Carol June $1,208,900
Previous Owner Hannah Carol June $2,500,000
Previous Owner Latsko Frederick S $1,600,000
Previous Owner Reiff Michael $30,000
Previous Owner Reiff Michael $812,500
Previous Owner Woodline Furniture Manufacturing Company $338,561
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2014 02/27/14 Sold $10,700,000 -6.9% $1,332 / Sq Ft
02/06/2014 02/06/14 Pending -- -- --
01/27/2014 01/27/14 For Sale $11,495,000 -- $1,431 / 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
2024 $155,049 $12,859,543 $10,816,441 $2,043,102
2023 $152,237 $12,607,396 $10,604,354 $2,003,042
2022 $147,866 $12,360,193 $10,396,426 $1,963,767
2021 $143,583 $12,117,837 $10,192,575 $1,925,262
2019 $139,439 $11,758,416 $9,890,258 $1,868,158
2018 $134,074 $11,527,860 $9,696,332 $1,831,528
2016 $128,756 $11,080,220 $9,319,812 $1,760,408
2015 $123,236 $10,913,786 $9,179,820 $1,733,966
2014 $71,748 $6,439,099 $4,785,020 $1,654,079
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-732475

The MLS

APN: 4348-005-014