NOT LISTED FOR SALE

10424 Valley Spring Ln Toluca Lake, CA 91602

Estimated Value: $4,967,597 - $5,949,000

5 Beds
7.5 Baths
6,386 Sq Ft
$856/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $3,800,000 $595 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $33,174/month

144 Days on Market

Highlights

  • On Golf Course
  • Heated In Ground Pool
  • Primary Bedroom Suite
  • Rio Vista Elementary Rated A-
  • Gourmet Kitchen
  • Auto Driveway Gate

About This Home

As of December 2020

Serenely set on nearly half an acre in one of the most sought after and classic neighborhoods in all of Los Angeles is this custom designed contemporary home. Breathtaking views of the Hollywood Hills and expansive greens of Lakeside Golf Club surround the property, lending itself to true Southern California luxury living. Amidst a lush setting of citrus and fruit trees, this home artfully includes glass walls that open to multiple outdoor living spaces. Gated for ultimate privacy and built using only the finest materials, it features soaring ceilings throughout the entry and living rooms, a chefs kitchen with stainless steel appliances, large master suite with private den, multiple patios, built-in barbeque, and a giant pool perfect for entertaining. The special opportunity awaits to enjoy such a rare, perfectly situated property.

Last Agent to Sell the Property

Kevin Dees

Carolwood Estates License #01915567 Listed on: 07/10/2020

Carolwood Estates

Last Buyer's Agent

Craig Knizek

The Agency License #01377932

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,086

Year Built

  • Built in 1951

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 87x244
  • On Golf Course
  • East Facing Home
  • Fenced Yard
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 3 Car Attached Garage
  • 7 Carport Spaces
  • Parking Storage or Cabinetry
  • Driveway
  • Auto Driveway Gate
  • Guest Parking

Property Views

  • City Lights
  • Golf Course
  • Woods

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Shingle Roof
  • Composition Roof
  • Stucco
  • Stone

Interior Spaces

  • 6,386 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Bar
  • High Ceiling
  • Recessed Lighting
  • Plantation Shutters
  • Garden Windows
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Family Room with Fireplace
  • 6 Fireplaces
  • Great Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace

Kitchen

  • Gourmet Kitchen
  • Breakfast Room
  • Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Two Primary Bathrooms
  • Powder Room
  • Maid or Guest Quarters
  • Double Vanity
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Alarm System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Outdoor Fireplace
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2424-038-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,086

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split, Two
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Exclusions: All staging furniture.
  • Living Area: 6386
  • Lot Acreage: 0.4952
  • Lot Dimensions: 87x244
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1951
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Bar, Built-Ins, High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting, Wet Bar
  • Fireplace Rooms: Den, Exterior, Family Room, Great Room, Living Room, Master Bedroom, Patio
  • Flooring: Stone, Stone Tile, Carpet
  • Appliances: Built-In BBQ, Built-In Gas, Built-Ins, Cooktop - Gas, Gas, Gas Grill, Microwave, Oven, Range, Range Hood
  • Bedrooms: 5
  • Fireplaces: 6
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Bedroom Features: Ground Floor Master, Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: 2 Master Baths, Double Vanity(s), Linen Closet, Powder Room, Shower and Tub, Tile
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Area, Breakfast Room, Family Room, Formal Dining Rm, Dining Area, Kitchen Island, Living Room
  • Kitchen Features: Gourmet Kitchen, Island, Stone Counters
  • Laundry: Laundry Area, Room
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 735.83
  • Windows: Plantation Shutters, Garden Window, Window Shutters

Exterior Features

  • Direction Faces: East
  • Construction: Stone, Stucco
  • Other Features: Balcony, Barbecue Private, Custom Built, Double Door Entry, French Doors, High Ceilings (9 Feet+), Rain Gutters, Sliding Glass Doors
  • Other Structures: None
  • Patio: Balcony, Covered, Covered Porch, Rock/Stone
  • Pool Description: Heated, In Ground
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Golf Course, Trees/Woods, City Lights
  • View: Yes

Garage/Parking

  • Carport Spaces: 7
  • Garage Spaces: 3
  • Parking Garage: Auto Driveway Gate, Built-In Storage, Carport, Driveway, Garage - 3 Car, Driveway Gate, Garage Is Attached, Gated, Parking for Guests
  • Total Parking: 10

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Cooling: Air Conditioning, Central, Multi/Zone
  • Heating: Central
  • Security: Automatic Gate, Exterior Security Lights, Gated
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Front, Rear, Sprinkler System, Sprinkler Timer, Drip System
  • Assessor Parcel Number: 2424-038-008
  • Lot Description: Automatic Gate, Exterior Security Lights, Back Yard, Fenced, Fenced Yard, Front Yard, Gutters, Landscaped, Lawn
  • Lot Location: On Golf Course
  • Lot Size Area: 21572

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Dec 23, 2020
Sold by
Hatch Timothy J and Hatch Jeanie Hayes
Bought by
Spendlove Randy and Spendlove Alecia
Seller's Agent
Kevin Dees
Carolwood Estates
Buyer's Agent
Craig Knizek
The Agency
List Price
$4,950,000
Sold Price
$3,800,000
Premium/Discount to List
-$1,150,000
-23.23%
Current Estimated Value
$5,464,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,664,149
Avg. Annual Appreciation
7.89%
Original Mortgage
$2,200,000
Outstanding Balance
$1,942,515
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$3,521,634

Purchase Details

Closed on
Aug 25, 2017
Sold by
Hatch Timothy J
Bought by
Hatch Timothy I and Hatch Jeanie Hayes

Purchase Details

Closed on
Jan 26, 2004
Sold by
Vonderahe Eleanor
Bought by
Hatch Timothy J and Hatch Jeanie Hayes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,746,500
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2000
Sold by
Doble Elizabeth Living Trust
Bought by
Vonderahe Eleanor

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
8.37%
Source: Public Records

Range of Values:

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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
Spendlove Randy $3,800,000 Lawyers Title
Hatch Timothy I -- None Available
Hatch Timothy J $2,495,000 California Title
Vonderahe Eleanor $2,000,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spendlove Randy $2,200,000
Previous Owner Hatch Timothy J $1,746,500
Previous Owner Vonderahe Eleanor $1,000,000
Closed Hatch Timothy J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $3,800,000 -19.1% $595 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
09/18/2020 09/18/20 Price Changed $4,699,000 -5.1% $736 / Sq Ft
07/10/2020 07/10/20 For Sale $4,950,000 -- $775 / Sq Ft
Source: The MLS

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 $49,086 $4,113,239 $2,769,293 $1,343,946
2024 $49,086 $4,032,589 $2,714,994 $1,317,595
2023 $48,126 $3,953,519 $2,661,759 $1,291,760
2022 $45,874 $3,876,000 $2,609,568 $1,266,432
2021 $45,323 $3,800,000 $2,558,400 $1,241,600
2020 $49,478 $4,067,863 $1,297,446 $2,770,417
2019 $47,490 $3,988,102 $1,272,006 $2,716,096
2018 $47,104 $3,909,905 $1,247,065 $2,662,840
2016 $45,060 $3,758,081 $1,198,641 $2,559,440
2015 $44,392 $3,701,632 $1,180,637 $2,520,995
2014 $44,512 $3,629,123 $1,157,510 $2,471,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-602384

The MLS

APN: 2424-038-008