Seller's Agent in 2020
Tania Ferris
Coldwell Banker Realty
(310) 713-8234
1 in this area
37 Total Sales
12055 Summit Cir Beverly Hills, CA 90210
Studio City NeighborhoodEstimated Value: $8,585,000 - $10,926,956
7
Beds
7.5
Baths
8,650
Sq Ft
$1,085/Sq Ft
Est. Value
Highlights
- 24-Hour Security
- Projection Room
- Automatic Gate
- North Hollywood Senior High School Rated A
- In Ground Pool
- Granite Flooring
About This Home
As of December 2020MAJOR $800,000. PRICE REDUCTION! At appx. $977 ppsf this impressive estate is by far the best buy on the Westside. Located in the celebrity-filled, 24HR guard-gated security enclave The Summit, and once the home of music icon P.Diddy! Classic & contemporary w/8650sqft of luxurious space set on a magnificent 2/3 acre, 30,000 sqft lot. Rarely found amenities include a 20-seat Theater for round the clock enjoyment, commanding curb appeal & fully gated circular motorcourt set back off the street for total privacy. The backyard is gorgeous w/stunning pool, verandas, huge lawns & majestic trees. The grand-scaled, bright interior w/7BRs & 7.50 BAs is in pristine, remodeled condition & features a dramatic entry, great chefs kitchen, spacious rooms, high ceilings, exceptional Master Suite, state of the art HVAC & CRESTON security & walls of sliding Fleetwood doors that capture serene treetop views. Offered w/all existing furnishings! see agent for details. SUBMIT ALL OFFERS, THIS IS VALUE!!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $106,996
Year Built
- Built in 1998 | Remodeled
Lot Details
- 0.69 Acre Lot
- Gated Home
- Property is zoned LARE40
HOA Fees
- $1,550 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Garage Door Opener
- Circular Driveway
- Automatic Gate
Home Design
- Contemporary Architecture
Interior Spaces
- 8,650 Sq Ft Home
- Furnished
- Built-In Features
- Bar
- Ceiling Fan
- Free Standing Fireplace
- Decorative Fireplace
- Electric Fireplace
- Formal Entry
- Family Room with Fireplace
- Family Room on Second Floor
- Living Room with Fireplace
- Formal Dining Room
- Projection Room
- Home Theater
- Center Hall
- Valley Views
- Security System Owned
Kitchen
- Breakfast Area or Nook
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Granite
Bedrooms and Bathrooms
- 7 Bedrooms
- Fireplace in Primary Bedroom
- Walk-In Closet
- Two Primary Bathrooms
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- In Ground Pool
- Spa
Outdoor Features
- Covered patio or porch
- Outdoor Grill
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 2382-018-014
Community Details
Overview
- Association fees include security
Security
- 24-Hour Security
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2020
Closed on
Oct 22, 2020
Sold by
Dauer Roger A and Dauer Gail S
Bought by
Stambouli Jacques and Stambouli Jody
Seller's Agent
Tania Ferris
Coldwell Banker Realty
Buyer's Agent
Tania Ferris
Coldwell Banker Realty
List Price
$8,450,000
Sold Price
$8,325,000
Premium/Discount to List
-$125,000
-1.48%
Total Days on Market
203
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
$1,058,989
Avg. Annual Appreciation
4.15%
Original Mortgage
$416,250
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2012
Sold by
Climbing Bean Llc
Bought by
Dauer Roger A and Dauer Gail S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.79%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 17, 2010
Sold by
Davis Art H and Davis Cheryl
Bought by
Climbing Bean Llc
Purchase Details
Closed on
May 25, 2001
Sold by
Combs Sean J
Bought by
Davis Art H and Davis Cheryl
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,950
Interest Rate
7.14%
Mortgage Type
Unknown
Purchase Details
Closed on
May 24, 2001
Sold by
Behesnilian Aida
Bought by
Behesnilian Berj
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,950
Interest Rate
7.14%
Mortgage Type
Unknown
Purchase Details
Closed on
Nov 9, 1998
Sold by
Shamisov Anatoly
Bought by
Combs Sean J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,767,500
Interest Rate
6.42%
Purchase Details
Closed on
Apr 22, 1998
Sold by
Shamisov Galina
Bought by
Shamisov Anatoly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.95%
Mortgage Type
Unknown
Purchase Details
Closed on
May 24, 1997
Sold by
Shamisov Anatoly and Shamisov Galina
Bought by
Shamisov Anatoly and Shamisov Galina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.94%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 17, 1996
Sold by
A C Usa Inc
Bought by
Shamisov Anatoly and Shamisov Galina
Purchase Details
Closed on
Sep 9, 1996
Sold by
An Cheong Usa Ltd
Bought by
A C Usa Inc
Purchase Details
Closed on
Mar 29, 1996
Sold by
Stonehaven Investment Ltd
Bought by
An Cheong Usa Ltd
Purchase Details
Closed on
Jan 29, 1996
Sold by
Stonehaven Investment Ltd
Bought by
Young Victor
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 |
|---|---|---|---|
| Stambouli Jacques | $8,325,000 | Equity Title Los Angeles | |
| Dauer Roger A | $4,800,000 | Advantage Title Company | |
| Climbing Bean Llc | -- | Chicago Title Co | |
| Davis Art H | $2,313,000 | Fidelity Title | |
| Behesnilian Berj | -- | -- | |
| Combs Sean J | -- | United Title Company | |
| Shamisov Anatoly | -- | Fidelity National Title Co | |
| Shamisov Anatoly | -- | Fidelity National Title Co | |
| Shamisov Anatoly | -- | -- | |
| Shamisov Anatoly | $436,000 | Continental Lawyers Title Co | |
| A C Usa Inc | -- | Continental Lawyers Title Co | |
| An Cheong Usa Ltd | $465,826 | Continental Lawyers Title Co | |
| Young Victor | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Stambouli Jacques | $416,250 | |
| Open | Stambouli Jacques | $5,411,250 | |
| Previous Owner | Dauer Roger A | $1,000,000 | |
| Previous Owner | Climbing Bean Llc | $100,000 | |
| Previous Owner | Davis Arthur H | $0 | |
| Previous Owner | Davis Art H | $200,000 | |
| Previous Owner | Davis Art H | $2,500,000 | |
| Previous Owner | Davis Art H | $1,800,000 | |
| Previous Owner | Davis Art H | $1,722,500 | |
| Previous Owner | Carvalho Cassio | $351,950 | |
| Previous Owner | Davis Art H | $1,500,000 | |
| Previous Owner | Combs Sean J | $1,767,500 | |
| Previous Owner | Shamisov Anatoly | $100,000 | |
| Previous Owner | Shamisov Anatoly | $125,000 | |
| Previous Owner | Shamisov Anatoly | $1,000,000 | |
| Previous Owner | Shamisov Anatoly | $1,000,000 | |
| Previous Owner | Shamisov Anatoly | $200,000 | |
| Previous Owner | Shamisov Anatoly | $40,000 | |
| Previous Owner | Shamisov Anatoly | $50,000 | |
| Previous Owner | Shamisov Anatoly | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2020 12/03/20 | Sold | $8,325,000 | 0.0% | $962 / Sq Ft |
| 12/02/2020 12/02/20 | Pending | -- | -- | -- |
| 11/15/2020 11/15/20 | Off Market | $8,325,000 | -- | -- |
| 11/15/2020 11/15/20 | For Sale | $8,450,000 | +1.5% | $977 / Sq Ft |
| 10/16/2020 10/16/20 | Off Market | $8,325,000 | -- | -- |
| 10/02/2020 10/02/20 | Price Changed | $8,450,000 | -5.6% | $977 / Sq Ft |
| 07/06/2020 07/06/20 | Price Changed | $8,950,000 | -3.2% | $1,035 / Sq Ft |
| 05/13/2020 05/13/20 | For Sale | $9,250,000 | -- | $1,069 / 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 | $106,996 | $8,834,556 | $5,306,040 | $3,528,516 |
| 2023 | $104,893 | $8,661,330 | $5,202,000 | $3,459,330 |
| 2022 | $99,992 | $8,491,500 | $5,100,000 | $3,391,500 |
| 2021 | $98,795 | $8,325,000 | $5,000,000 | $3,325,000 |
| 2020 | $66,518 | $5,469,283 | $3,985,983 | $1,483,300 |
| 2019 | $63,846 | $5,362,043 | $3,907,827 | $1,454,216 |
| 2018 | $63,540 | $5,256,905 | $3,831,203 | $1,425,702 |
| 2016 | $60,715 | $5,052,776 | $3,682,434 | $1,370,342 |
| 2015 | $59,817 | $4,976,880 | $3,627,121 | $1,349,759 |
| 2014 | $59,978 | $4,879,391 | $3,556,071 | $1,323,320 |
Source: Public Records
Agents Affiliated with this Home
-
Tania Ferris
Map
Similar Homes in Beverly Hills, CA
Source: The MLS
MLS Number: 20-576702
APN: 2382-018-014
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