The sale price of the 2,917-square-foot house in the gated Summit neighborhood above Beverly Hills, Calif. that rocker brothers Eddie and Alex Van Halen recently sold has just cleared public records, which reveal that the Van Halens fetched just $1,500,000 for the house, even though it had been on the market for $2,200,000.In a Big Time Listings exclusive, we can report on the precise sale amount for the house at 12024 Summit Circle in the Summit, which had been the residence of the Van Halens’ mother, Eugenia Van Halen, until she died in 2005 at age 89. On March 20, we broke the story of theVan Halens’ sale of the house, but we did not at that time know the final sale price (we had assumed that it would be in the $2,000,000 to $2,500,000 range, so we obviously were off by a lot!). Records show that the house closed on January 25 and was recorded on February 26. The deed lists both Alex and Eddie Van Halen as sellers of the house. We don’t know a lot of the details behind the sale (although our sources did tell us that the home, which was built in 1987, was in pretty bad shape), or why Eddie and Alex were willing to accept 32 percent below their asking price. The house was purchased new in 1987 by Alex and Eddie, apparently for $688,000. As we noted on March 20, the outdated (and often-inaccurate) celebrity address lists that litter the Internet incorrectly identify 12024 Summit address as being the residence of Alex Van Halen, who did indeed at one time own the house nearby at 12047 Summit Circle until selling it in 1995 for $1,325,000. Check out our March 20 post for more on the Van Halens’ various dwellings and for a comprehensive list of other past and present residents of the Summit. Since we always end Van Halen-themed posts with links to their cartoonish videos, take a look at this testosterone-fueled video of “Panama” by Van Halen.