NOT LISTED FOR SALE

10428 Valley Spring Ln Toluca Lake, CA 91602

Studio City Area

Estimated Value: $7,764,188

4 Beds
5.5 Baths
6,023 Sq Ft
$1,289/Sq Ft Est. Value

Sale Details

Date Sold: April 21, 2017

Last sale price $5,615,000 $932 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $49,194 / mo

8 Days on Market

Highlights

  • Guest House
  • Koi Pond
  • Golf Course View
  • Rio Vista Elementary Rated A-
  • Heated Lap Pool
  • 26,787 Sq Ft lot

About This Home

As of April 2017

Overlooking Lakeside Golf Club lies this storied Toluca Lake property, the quintessentially romantic 1927 Spanish Colonial Revival estate Villa Encanto. Steeped in Hollywood glamour and pedigree. Preserving its artistic details, it has been restored and updated with modern conveniences yet retaining original charm and character. Homes overlooking the golf course are highly coveted & rarely become available. Among the celebrities that have called it home are silent-screen beauty Billie Dove who was engaged to Howard Hughes & Janet Gaynor, the first recipient of an Oscar for best actress & her husband designer Adrian whose credits include the Wizard of Oz - and yes - those ruby red slippers! The who's who of Hollywood have partied here & they still do! Walled & gated for privacy, tranquility & security this historic compound consists of a two-story home, accessory living quarters, free-standing studio, 3-car garage & motor court. A True California Lifestyle Rich In History Awaits.

Last Agent to Sell the Property

Tina Stern

Sotheby's International Realty License #01495944 Listed on: 02/27/2017

Sotheby's International Realty

Last Buyer's Agent

Jonah Wilson

Carolwood Estates License #01078809

Carolwood Estates
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 26,787 Sq Ft Lot
  • Sprinkler System
  • Property is zoned LAR1

Home Design

  • Colonial Architecture
  • Clay Roof
  • Stucco

Interior Spaces

  • 6,023 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Gas Fireplace
  • French Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Home Office
  • Library with Fireplace
  • Golf Course Views
  • Alarm System
  • Basement

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Parking

  • 3 Car Garage
  • Driveway
  • Automatic Gate
  • Guest Parking

Pool

  • Heated Lap Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Balcony
  • Koi Pond
  • Outdoor Fireplace
  • Outdoor Grill
  • Rain Gutters

Additional Homes

  • Guest House

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2424-038-007

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

0.61 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 6023
  • Probate: No
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Fireplace Rooms: Exterior, Gas, Gas and Wood, Library, Living Room, Master Bedroom
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Fireplaces: 4
  • Full Bathroom: 3
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 2
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm
  • Laundry: Inside
  • Total Bathrooms: 6.00
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Satellite, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 938.07

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, French Doors, High Ceilings (9 Feet+), Koi Pond, Rain Gutters, Sprinkler System
  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Pool Description: Heated And Filtered, In Ground, Lap Pool, Salt/Saline
  • Pool: Yes
  • Roof: Clay
  • Spa: Heated, In Ground
  • Spa Yn: Yes
  • View: Golf Course
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Parking Garage: Auto Driveway Gate, Driveway, Garage - 3 Car, Parking for Guests - Onsite

Utilities

  • Cooling: Air Conditioning, Central, Dual
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2424-038-007
  • Geocode Override: No
  • Lot Size Area: 26787

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2021
Sold by
Bought by
Current Estimated Value
$7,764,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,340,000
Outstanding Balance
$3,859,192
Interest Rate
2.76%
Mortgage Type
New Conventional
Estimated Equity
$3,904,996

Purchase Details

Listed on
Feb 27, 2017
Closed on
Apr 14, 2017
Sold by
Bought by
Seller's Agent
Tina Stern
Sotheby's International Realty
Buyer's Agent
Jonah Wilson
Carolwood Estates
List Price
$5,650,000
Sold Price
$5,615,000
Premium/Discount to List
-$35,000
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$3,325,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 31, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,190,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
6.57%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 2005
Sold by
Bought by

Purchase Details

Closed on
Oct 21, 2003
Sold by
Bought by

Purchase Details

Closed on
May 12, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 30, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2000
Sold by
Bought by

Purchase Details

Closed on
Mar 4, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.66%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 27, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.66%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Toluca Lake, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Fidelity National Title
$5,615,000 Fidelity Sherman Oaks
$5,550,000 Equity Title Company
-- California Title Company
-- --
$1,900,000 California Title
-- United Title Company
-- --
-- First American Title
$1,225,000 Investors Title Company
$1,029,000 Investors Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $560,000
Open $4,340,000
Previous Owner $3,325,000
Previous Owner $1,035,000
Previous Owner $3,190,000
Previous Owner $2,250,000
Previous Owner $1,000,000
Previous Owner $500,000
Previous Owner $281,600
Previous Owner $950,000
Previous Owner $950,000
Previous Owner $79,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2017 04/21/17 Sold $5,615,000 -0.6% $932 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/27/2017 02/27/17 For Sale $5,650,000 +1.8% $938 / Sq Ft
03/02/2015 03/02/15 Sold $5,550,000 0.0% $1,166 / Sq Ft View Prior Sale
03/02/2015 03/02/15 Pending -- -- --
03/02/2015 03/02/15 For Sale $5,550,000 -- $1,166 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $78,728 $6,564,870 $4,195,515 $2,369,355
2024 $77,892 $6,436,148 $4,113,250 $2,322,898
2023 $76,359 $6,309,950 $4,032,599 $2,277,351
2022 $72,770 $6,186,227 $3,953,529 $2,232,698
2021 $71,908 $6,064,929 $3,876,009 $2,188,920
2020 $72,138 $5,958,682 $3,836,266 $2,122,416
2019 $69,226 $5,841,846 $3,761,046 $2,080,800
2018 $68,946 $5,727,300 $3,687,300 $2,040,000
2016 $67,526 $5,634,637 $3,604,137 $2,030,500
2015 $48,669 $4,059,000 $2,952,000 $1,107,000
2014 $49,771 $4,059,000 $2,952,000 $1,107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-202344

The MLS

APN: 2424-038-007

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