Seller's Agent in 2014
Steve Frankel
Coldwell Banker Realty
(310) 508-5008
6 in this area
101 Total Sales
11955 Pinnacle Place Beverly Hills, CA 90210
Studio City NeighborhoodEstimated Value: $5,942,000 - $8,911,000
4
Beds
6
Baths
5,017
Sq Ft
$1,580/Sq Ft
Est. Value
Highlights
- 24-Hour Security
- In Ground Pool
- 20,042 Sq Ft lot
- North Hollywood Senior High School Rated A
- City Lights View
- Fireplace in Primary Bedroom
About This Home
As of May 2014Located in the prestigious 24-hour guard gated community of The Summit. Private courtyard entry reveals this bold Architectural view home. Magnificent living room with soaring ceilings, gorgeous custom wood paneling, walls of glass and large fireplace. Formal dining room, family room with built-in bar, designed for large scale entertaining. Eat-in kitchen with French doors that open to entry court. Convertible office with bath and powder room complete the downstairs. Master bedroom features a sitting area/office that takes advantage of the city lights view, large bathroom and walk-in closet and adjacent nursery room. In addition, there are two large bedroom suites. Infinity pool with large patio overlooks panoramic city views. A Modernist delight. Private and secure, sited at the end of a beautiful cul de sac within the community. Beautiful living.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $49,249
Year Built
- Built in 1982
Lot Details
- 0.46 Acre Lot
- Property is zoned LARE40
Property Views
- City Lights
- Canyon
- Mountain
- Park or Greenbelt
Home Design
- Modern Architecture
Interior Spaces
- 5,017 Sq Ft Home
- 2-Story Property
- Built-In Features
- Entryway
- Family Room with Fireplace
- Great Room with Fireplace
- Living Room
- Dining Room
- Den with Fireplace
- Alarm System
- Laundry Room
Kitchen
- Breakfast Area or Nook
- Oven or Range
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- 6 Bathrooms
Outdoor Features
- In Ground Pool
- Open Patio
Utilities
- Central Heating and Cooling System
Community Details
- 24-Hour Security
- Controlled Access
Listing and Financial Details
- Assessor Parcel Number 2382-020-025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 19, 2013
Closed on
Apr 3, 2014
Sold by
Schmidt Arnold J and Knous Pamela K
Bought by
The Nowparvar Trust
Seller's Agent
Steve Frankel
Coldwell Banker Realty
Buyer's Agent
Kim Mac Donald
No Firm Affiliation
List Price
$3,795,000
Sold Price
$3,360,000
Premium/Discount to List
-$435,000
-11.46%
Total Days on Market
255
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,566,496
Avg. Annual Appreciation
4.97%
Original Mortgage
$1,000,000
Interest Rate
2.4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 8, 1994
Sold by
Isaacs Cheryl Boone and The Ashley Boone Trust Of 1994
Bought by
Schmidt Arnold J and Knous Pamela K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,000
Interest Rate
9.08%
Purchase Details
Closed on
Jan 6, 1994
Sold by
Boone Ashley
Bought by
Boone Ashley
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| The Nowparvar Trust | $3,360,000 | Equity Title Company | |
| Schmidt Arnold J | $1,287,500 | Equity Title | |
| Boone Ashley | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nowparvar Trust | $2,000,000 | |
| Closed | Nowparvar Bahram | $1,000,000 | |
| Closed | Nowparvar Bahram | $2,000,000 | |
| Closed | The Nowparvar Trust | $1,000,000 | |
| Previous Owner | Schmidt Arnold J | $1,030,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2014 05/09/14 | Sold | $3,360,000 | -7.9% | $670 / Sq Ft |
| 05/01/2014 05/01/14 | Pending | -- | -- | -- |
| 02/10/2014 02/10/14 | Price Changed | $3,650,000 | -3.8% | $728 / Sq Ft |
| 08/19/2013 08/19/13 | For Sale | $3,795,000 | -- | $756 / 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 |
|---|---|---|---|---|
| 2024 | $49,249 | $4,038,131 | $2,764,198 | $1,273,933 |
| 2023 | $48,287 | $3,958,953 | $2,709,999 | $1,248,954 |
| 2022 | $46,056 | $3,881,327 | $2,656,862 | $1,224,465 |
| 2021 | $45,499 | $3,805,223 | $2,604,767 | $1,200,456 |
| 2019 | $44,064 | $3,692,359 | $2,527,509 | $1,164,850 |
| 2018 | $43,847 | $3,619,960 | $2,477,950 | $1,142,010 |
| 2016 | $41,906 | $3,479,394 | $2,381,729 | $1,097,665 |
| 2015 | $41,288 | $3,427,132 | $2,345,954 | $1,081,178 |
| 2014 | $21,869 | $1,764,172 | $618,657 | $1,145,515 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Frankel
-
Ariyan Afshar
Seller Co-Listing Agent in 2014
Ariyan Afshar
Compass
(310) 780-3180
10 in this area
241 Total Sales
-
K
Buyer's Agent in 2014
Kim Mac Donald
No Firm Affiliation
-
Jade Mills
Buyer's Agent in 2014
Jade Mills
Coldwell Banker Realty
(310) 285-7508
3 in this area
157 Total Sales
Map
Similar Homes in the area
Source: The MLS
MLS Number: 13-697649
APN: 2382-020-025
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