NOT LISTED FOR SALE

12096 Summit Cir Beverly Hills, CA 90210

Estimated Value: $5,900,000 - $7,261,000

6 Beds
5 Baths
5,622 Sq Ft
$1,214/Sq Ft Est. Value

Highlights

  • Sound Studio
  • Cabana
  • Mountain View
  • North Hollywood Senior High School Rated A
  • 16,639 Sq Ft lot
  • Maid or Guest Quarters

About This Home

As of April 2017

Located in the exclusive guard-gated community known as The Summit atop Beverly Hills, this exquisite Spanish-style estate showcases grand-scale interiors and spectacular outdoor space. Tucked behind gates at the end of a quiet cul-de-sac, the home's soaring 2-story front entry leads to a light-filled living room with a fireplace and elegant dining room. A remodeled chef's kitchen boasts exposed wood beams and designer appliances, while an adjacent den features a custom bar. French doors throughout the home create a gracious indoor-outdoor flow. 5 guest suites are generous and bright, while a large master suite features an opulent bathroom, private balcony and attached gym. One of the few properties in the area with a gate leading to Fryman Canyon, a sprawling backyard with a pool and spa, grassy area, cabana with a wood-burning fireplace and built-in bbq, as well as a 3-car garage with additional uncovered parking, complete this singular Beverly Hills estate.

Last Agent to Rent the Property

Gina Blancarte

The Agency License #01978645 Listed on: 03/21/2017

The Agency

Co-Listed By

Michael Grady

The Agency License #01505317

Last Renter's Agent

Deanna Smith

Rodeo Realty Inc. License #01936246

Rodeo Realty Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $73,091

Year Built

  • Built in 1987

Lot Details

  • 0.38 Acre Lot
  • Property is zoned LARE40

Home Design

  • Spanish Architecture

Interior Spaces

  • 5,622 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Sound Studio
  • Home Gym
  • Wood Flooring
  • Mountain Views

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Powder Room
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Pool

  • Cabana
  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Phone System

Listing and Financial Details

  • Security Deposit $54,000
  • Tenant pays for air cond/heat maint, cable TV, electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 2382-017-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$73,091

Year Built

Built in 1987

Lot Details

0

Rental Info

  • Furnished: Furnished
  • Security Deposit: 54000
  • Tenant Pays: Air Cond/Heat Maint, Cable TV, Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 5622
  • Stories: 2
  • Year Built: 1987
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room, Living Room, Patio
  • Flooring: Hardwood
  • Bedrooms: 6
  • Full Bathroom: 5
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside
  • Maids Room: 1
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Microwave, Phone System, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 4.80

Exterior Features

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

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Attached, Direct Entrance, Door Opener, Garage
  • Total Parking: 3

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 2382-017-025
  • Geocode Override: No
  • Lot Size Area: 16639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2019
Sold by
Spendlove Randy W and Spendlove Alecia
Bought by
The North Shore Trust
Current Estimated Value
$6,827,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,457,892
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,369,586

Purchase Details

Closed on
Jan 17, 2013
Sold by
Spendlove Randy W and Spendlove Alecia
Bought by
Spendlove Randy W and Spendlove Alecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,000
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2012
Sold by
Spendlove Randall W and Spendlove Alecia
Bought by
Spendlove Randall W and Spendlove Alecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
2.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Spendlove Randall W and Spendlove Alecia G
Bought by
Spendlove Randy and Spendlove Alecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2009
Sold by
Spendlove Randy and Spendlove Alecia
Bought by
Spendlove Randall W and Spendlove Alecia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2004
Sold by
Spendlove Randy and Spendlove Alecia
Bought by
Spendlove Randall W and Spendlove Alecia G

Purchase Details

Closed on
Apr 2, 2004
Sold by
Caplan George T and Caplan Kristi Leah
Bought by
Spendlove Randy and Spendlove Alecia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2004
Sold by
Caplan Kristi Leah
Bought by
Caplan George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 30, 2003
Sold by
Murray Tracy Lamont
Bought by
Murray Tracy and Tracy Murray Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,950,000
Interest Rate
2.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 27, 1998
Sold by
Caplan George and Caplan Sandra
Bought by
Caplan George and Caplan Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.6%
Source: Public Records

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
The North Shore Trust $5,500,000 Chicago Title Company
Spendlove Randy W -- Equity Title Company
Spendlove Randall W -- Lawyers Title
Spendlove Randy -- Accommodation
Spendlove Randall W -- Equity Title Ins Co
Spendlove Randy -- Equity Title Ins Co
Spendlove Randall W -- --
Spendlove Randy $3,150,000 Equity Title Company
Caplan George -- Chicago Title
Murray Tracy -- --
Murray Tracy Lamont -- --
Caplan George -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The North Shore Trust $4,000,000
Previous Owner Spendlove Randy W $618,000
Previous Owner Spendlove Randall W $625,500
Previous Owner Spendlove Randy $725,000
Previous Owner Spendlove Randy $729,750
Previous Owner Spendlove Randy $1,500,000
Previous Owner Caplan George $1,975,000
Previous Owner Caplan George $1,500,000
Closed Caplan George $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2017 04/25/17 Rented $32,500 +20.4% --
03/21/2017 03/21/17 For Rent $27,000 -- --
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 $73,091 $6,135,351 $3,904,315 $2,231,036
2024 $73,091 $6,015,051 $3,827,760 $2,187,291
2023 $71,658 $5,897,109 $3,752,706 $2,144,403
2022 $68,326 $5,781,480 $3,679,124 $2,102,356
2021 $67,512 $5,668,119 $3,606,985 $2,061,134
2020 $68,151 $5,610,000 $3,570,000 $2,040,000
2019 $17,763 $4,014,854 $3,441,310 $573,544
2018 $47,575 $3,936,133 $3,373,834 $562,299
2016 $45,466 $3,783,290 $3,242,825 $540,465
2015 $39,353 $3,270,000 $2,802,400 $467,600
2014 $36,242 $2,942,000 $2,521,300 $420,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-213166

The MLS

APN: 2382-017-025