NOT LISTED FOR SALE

Estimated Value: $1,071,000 - $1,289,000

3 Beds
2 Baths
1,485 Sq Ft
$800/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $1,120,000 $754 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,953/month

16 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • 2 Car Attached Garage
  • Engineered Wood Flooring
  • Breakfast Area or Nook
  • Living Room

About This Home

As of February 2024

Introducing 950 N Summit Drive, an exquisite newly remodeled residence offering the perfect blend of elegance and privacy. This stunning 1,485 square foot home features 3 Bedrooms and 2 Baths. Situated on a sprawling 7,013 square foot lot, the property boasts a long driveway leading to a gated estate, ensuring total seclusion and tranquility. The newly remodeled interiors seamlessly merge style and comfort, showcasing a thoughtfully designed layout that maximizes every square foot. White Oak wood flooring and high end finishes include Forno appliances, Milton cabinets, Savoy Quartz Countertops, Vasari plaster walls, clay designer tile for kitchen and bathrooms and architectural finishes throughout. Step outside to discover your own private oasis, where the expansive grounds provide ample space for outdoor enjoyment and entertainment. With its exceptional privacy, large lot size, and modern upgrades, this home epitomizes contemporary living.

Last Agent to Sell the Property

Dan Heston

eXp Realty of Greater Los Angeles License #02008229 Listed on: 01/11/2024

eXp Realty of Greater Los Angeles

Co-Listed By

Maryna Pylypchuk

eXp Realty of Greater Los Angeles License #01961011

Last Buyer's Agent

Zhuoyu Zhao

Pinnacle Real Estate Group License #02066059

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1982

Lot Details

  • 7,028 Sq Ft Lot
  • Lot Dimensions are 70x100
  • Property is zoned PSR1

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Family Room
  • Living Room
  • Engineered Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 2 Car Attached Garage
  • Driveway
  • Automatic Gate

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5729-016-026

Home Details

Home Type

Single Family

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1485
  • Lot Acreage: 0.1613
  • Lot Dimensions: 70x100
  • Stories: 1
  • Year Built: 1982
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Engineered Hardwood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Freezer, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator, Dishwasher
  • Price Per S Q F T: 737.37

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Attached, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5729-016-026
  • Lot Size Area: 7028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2024
Closed on
Feb 3, 2024
Sold by
Gwl Investments Llc
Bought by
Qiang Jingwen
Seller's Agent
Dan Heston
eXp Realty of Greater Los Angeles
Buyer's Agent
Zhuoyu Zhao
Pinnacle Real Estate Group
List Price
$1,095,000
Sold Price
$1,120,000
Premium/Discount to List
$25,000
2.28%
Views
65
Current Estimated Value
$1,201,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,860
Avg. Annual Appreciation
3.30%
Original Mortgage
$784,000
Outstanding Balance
$766,322
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$421,791

Purchase Details

Closed on
Sep 5, 2023
Sold by
Livin Daniel and Livin Floreda
Bought by
Gwl Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,000
Interest Rate
7.23%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 9, 2023
Sold by
Bennett Daniel and Bennett Floreda
Bought by
Daniel Bennett And Floreda Bennett Living Tru and Bennett

Purchase Details

Closed on
Nov 16, 1995
Sold by
Escamilla Manuel
Bought by
Bennett Daniel and Bennett Floreda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Qiang Jingwen $1,120,000 First American Title Company
Gwl Investments Llc $675,000 First American Title Company
Daniel Bennett And Floreda Bennett Living Tru -- None Listed On Document
Bennett Daniel -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiang Jingwen $784,000
Previous Owner Gwl Investments Llc $697,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2024 02/26/24 Sold $1,120,000 +2.3% $754 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/11/2024 01/11/24 For Sale $1,095,000 -- $737 / 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 $7,873 $1,142,400 $816,000 $326,400
2024 $7,873 $675,000 $530,000 $145,000
2023 $1,790 $125,704 $25,160 $100,544
2022 $1,734 $123,240 $24,667 $98,573
2021 $1,665 $120,825 $24,184 $96,641
2019 $1,610 $117,244 $23,468 $93,776
2018 $1,560 $114,946 $23,008 $91,938
2016 $1,483 $110,484 $22,115 $88,369
2015 $1,465 $108,825 $21,783 $87,042
2014 $1,446 $106,694 $21,357 $85,337
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-346829

The MLS

APN: 5729-016-026