NOT LISTED FOR SALE

Estimated Value: $4,739,000 - $8,338,000

6 Beds
5 Baths
5,632 Sq Ft
$1,129/Sq Ft Est. Value

Last Sold June 27, 2013

Last sale price $4,250,000 $755 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $39,862/month

26 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Lake View
  • Rio Vista Elementary Rated A-
  • Gated Parking
  • Maid or Guest Quarters

About This Home

As of June 2013

Own one of only 34 homes on the lake! Renovated, gated Italian villa on Toluca Lake with dock to lake! Classic 2 story gallery/atrium leading to media room, formal dining room w/fireplace & wine wall. Gourmet kitchen with SS appliances, sunny breakfast room & family room with wood beamed ceilings, fireplace & French doors opening out to rear patio, saltwater pool/spa & stunning views of the lake & private park. 5 BR's + sep office/gym. Master suite features sitting room/off/fireplace & stunning bath with walk-in closet! Separate viewing balcony with moutain & lake views! Opportunity to live a lakeside lifestyle in the 'studio close' heart of the city!

Last Agent to Sell the Property

Andrew Manning

Berkshire Hathaway HomeServices California Properties License #00941825 Listed on: 03/27/2013

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $62,189

Year Built

  • Built in 1928

Lot Details

  • 9,999

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Gated Parking

Interior Spaces

  • 5,632 Sq Ft Home
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Lake Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Features

  • 9,999 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 8064
  • Assessor Parcel Number 2424031007

Home Details

Home Type

Single Family

Est. Annual Taxes

$62,189

Year Built

Built in 1928

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Andrew Manning
  • Other Phone Number: 818-380-2147
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2424031007
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5632.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 754.62
  • Room Type: Family Room, Formal Entry, Guest/Maid's Quarters, Master Suite, Walk-In Closet

Exterior Features

  • View: Lake
  • Pool Features: In Ground, Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 3600.00
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9999.00
  • Lot Size Acres: 0.2300

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 9999.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 8064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2013
Sold by
Bui Tim
Bought by
Garza Jose F and Garza Maria Elisa Beristain
Current Estimated Value
$6,358,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,975,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2007
Sold by
Englanoff Joseph
Bought by
Bui Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 2006
Sold by
Englanoff Gilet
Bought by
Englanoff Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.88%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 26, 2006
Sold by
Wayans Damon K and Damon Kyle Wayans Revocable Tr
Bought by
Englanoff Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.88%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 6, 2003
Sold by
Wayans Damon K
Bought by
Wayans Damon K and The Damon Kyle Wayans Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Interest Rate
5.84%

Purchase Details

Closed on
Jul 17, 2001
Sold by
Wayans Lisa
Bought by
Wayans Damon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
7.21%

Purchase Details

Closed on
Jul 10, 2001
Sold by
Hillis W Daniel W and Hillis Patricia
Bought by
Wayans Damon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
7.21%

Purchase Details

Closed on
Sep 21, 1995
Sold by
Cohen Eitan and Stalowsky Jacob
Bought by
Hillis W Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$870,000
Interest Rate
7.37%
Source: Public Records

Range of Values:

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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
Garza Jose F $4,250,000 California Title Company
Bui Tim -- Chicago Title Co
Englanoff Joseph -- Chicago Title Co
Englanoff Joseph -- Chicago Title Co
Wayans Damon K -- Lawyers Title Company
Wayans Damon K -- Lawyers Title
Wayans Damon K -- United Title Company
Wayans Damon K -- United Title Company
Hillis W Daniel $1,160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garza Jose F $2,975,000
Previous Owner Bui Tim $2,400,000
Previous Owner Bui Tim $2,400,000
Previous Owner Englanoff Joseph $2,500,000
Previous Owner Englanoff Joseph $2,500,000
Previous Owner Wayans Damon K $1,340,000
Previous Owner Wayans Damon K $1,365,000
Previous Owner Hillis W Daniel $870,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2013 06/27/13 Sold $4,250,000 -5.5% $755 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
03/27/2013 03/27/13 For Sale $4,499,000 -- $799 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $62,189 $5,233,560 $3,694,281 $1,539,279
2024 $62,189 $5,130,943 $3,621,845 $1,509,098
2023 $60,967 $5,030,337 $3,550,829 $1,479,508
2022 $58,105 $4,931,704 $3,481,205 $1,450,499
2021 $57,403 $4,835,005 $3,412,947 $1,422,058
2019 $55,667 $4,691,598 $3,311,718 $1,379,880
2018 $55,450 $4,599,607 $3,246,783 $1,352,824
2016 $53,040 $4,421,001 $3,120,707 $1,300,294
2015 $52,255 $4,354,595 $3,073,832 $1,280,763
2014 $52,388 $4,269,295 $3,013,620 $1,255,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13052735

California Regional Multiple Listing Service (CRMLS)

APN: 2424-031-007