12024 Summit Circle

Local assessors in Beverly Hills, CA have categorized 12024 Summit Circle as a residential type of property. The home was built in 1987 and is 37 years old. The property's lot size has been calculated to be 18,819 square feet. The linear feet between the front and back of the lot was measured at 2,110 ft and the front of the lot was measured at 880 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 12024 Summit Circle has a total of 2,917 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12024 Summit Circle sold most recently in Dec 8, 2021 for a total of $3,400,000. If you work out the math, that's approximately a cost of $1,165.58 per sqft. Before that, the property was also sold for $2,925,000 in Nov 18, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $35,778 in taxes each year. The initial year of tax delinquency occurred in 2019. 12024 Summit Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,848,064. If we break it down further, the land itself was valued at $1,004,705. Improvements to the property, however, were assessed at a total of $843,359. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.