NOT LISTED FOR SALE

2 Toluca Estates Dr Toluca Lake, CA 91602

Estimated Value: $6,497,000 - $8,502,388

9 Beds
8.5 Baths
7,868 Sq Ft
$959/Sq Ft Est. Value

Last Sold January 25, 2016

Last sale price $5,075,000 $645 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $46,001/month

198 Days on Market

Highlights

  • Tennis Courts
  • Wine Cellar
  • Gourmet Kitchen
  • Rio Vista Elementary Rated A-
  • Heated In Ground Pool
  • Primary Bedroom Suite

About This Home

As of January 2016

Immaculate Toluca Lake estate ideally situated on one of Toluca Lake's most coveted streets...Toluca Lake Estates Drive. Built in 1935, expandedin 2007, and redesigned in 2015, this magnificent, luxurious property offers living and entertaining on a grand scale. Offering 9 bedrooms,someused as offices and fitness room, 9 bathrooms, Gourmet kitchen with 6 burner/grill Wolf Range, two Bosch dishwashers, Sub Zero refrigeratorspacious family room that leads to private, beautifully landscaped back yard complete with built-in fireplace, BBQ, pool, spa and basketball courtSeparate Master suite with secondary staircase contains his/her huge walk-in closets, double vanity master bathroom with large shower and soaking tub, fireplace and balcony overlooking yard with view of hills. Three car garage, Nest system, huge wine cellar and attic that spans entire house for storage are additional amenities. This is a magnificent property for exclusive living in a fabulous Toluca Lake location.

Last Agent to Sell the Property

Dorothy Sall

Classic Properties License #01186287 Listed on: 05/19/2015

Last Buyer's Agent

Caroline Fleck

Coldwell Banker Realty License #01850225

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,538

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 95x236
  • West Facing Home
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Sprinkler System
  • Lawn
  • Property is zoned LAR1

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Trees
  • Hills

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 7,868 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Wine Cellar
  • Family Room with Fireplace
  • 6 Fireplaces
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Formal Dining Room
  • Den with Fireplace
  • Home Gym
  • Attic Fan
  • Laundry Room

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Converted Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Powder Room
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower Only

Home Security

  • Intercom
  • Alarm System
  • Carbon Monoxide Detectors

Parking

  • 3 Car Direct Access Garage
  • 3 Carport Spaces
  • Parking Storage or Cabinetry
  • Garage Door Opener

Pool

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

Outdoor Features

  • Tennis Courts
  • Basketball Court
  • Sport Court
  • Balcony
  • Slab Porch or Patio
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Phone System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 2424-039-008

Community Details

Security

  • Security Service
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,538

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Disability Access: Entry Slope Less than 1 foot
  • Entry Location: Ground Level w/steps
  • Living Area: 7868
  • Lot Dimensions: 95X236
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2007
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Family Room, Gas, Gas Starter, Living Room, Master Bedroom, Patio
  • Flooring: Carpet, Hardwood, Mixed, Tile
  • Appliances: Built-In BBQ, Microwave
  • Bedrooms: 9
  • Fireplaces: 6
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Bedroom, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Toilet(s), Powder Room, Remodeled, Shower and Tub, Shower Over Tub, Shower Stall
  • Three Quarter Bathrooms: 5
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Family Room, Formal Dining Rm, In Kitchen, Kitchen Island
  • Kitchen Features: Gourmet Kitchen, Granite Counters, Island
  • Laundry: Room
  • Maids Room: 1
  • Total Bathrooms: 9.00
  • Den: 0
  • Equipment: Alarm System, Attic Fan, Built-Ins, Ceiling Fan, Central Vacuum, Dishwasher, Garbage Disposal, Intercom, Microwave, Phone System, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 672.98

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, High Ceilings (9 Feet+), Sprinkler System
  • Tennis Court: Basketball, Private Sport Court
  • Tennis Court Y/N: Yes
  • Foundation Details: Raised
  • Fence: Block
  • Patio: Concrete Slab, Patio Open
  • Pool Description: Heated And Filtered, In Ground
  • Pool: Yes
  • Roof: Composition
  • Spa: Gunite, Heated, In Ground
  • Spa Yn: Yes
  • View: Hills, Tree Top
  • View: Yes

Garage/Parking

  • Carport Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Parking Garage: Attached, Built-In Storage, Covered Parking, Direct Entrance, Door Opener, Garage - 3 Car, Garage Is Attached
  • Total Parking: 3

Utilities

  • TV Svcs: Tv Satellite Dish
  • Volt 220: In Kitchen, In Laundry
  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Community
  • Sewer: In Street Paid
  • Water: In Street

Condo/Co-op/Association

  • HOA Fee Frequency: Annually
  • HOA Fees: 600.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 2424-039-008
  • Geocode Override: No
  • Lot Description: Gutters, Landscaped, Lawn, Lot Shape-Rectangular, Lot-Level/Flat
  • Lot Location: Corner Lot
  • Lot Size Area: 22289

Rental Info

  • Furnished: Furnished
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 1

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2020
Sold by
Prady William and The Prady Family Trust
Bought by
Prady William S and The Cygnus Trust
Current Estimated Value
$7,542,597

Purchase Details

Listed on
May 19, 2015
Closed on
Dec 3, 2015
Sold by
Light Dennis W and The Rac Trust
Bought by
Prady William and Prady Family Trust
Seller's Agent
Dorothy Sall
Classic Properties
Buyer's Agent
Caroline Fleck
Coldwell Banker Realty
List Price
$5,513,324
Sold Price
$5,075,000
Premium/Discount to List
-$438,324
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Mar 31, 2014
Sold by
Miller John D and Miller Sharon W
Bought by
Light Dennis W and Rac Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,940,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2005
Sold by
Woods Michael H and The Dianne B Woods Trust
Bought by
Miller John D and Miller Sharon W

Purchase Details

Closed on
Dec 5, 2003
Sold by
Woods Dianne B
Bought by
Woods Michael H and Dianne B Woods Trust
Source: Public Records

Range of Values:

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Average Value
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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
Prady William S -- None Available
Prady William $5,075,000 Provident Title Company
Light Dennis W $4,200,000 North American Title
Miller John D $3,025,000 Equity Title Company
Woods Michael H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Light Dennis W $2,940,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/25/2016 01/25/16 Sold $5,075,000 -4.2% $645 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
11/12/2015 11/12/15 Price Changed $5,295,000 -1.9% $673 / Sq Ft
09/21/2015 09/21/15 Price Changed $5,400,000 -2.1% $686 / Sq Ft
05/19/2015 05/19/15 For Sale $5,513,324 +31.3% $701 / Sq Ft
06/17/2014 06/17/14 Sold $4,200,000 -6.7% $534 / Sq Ft View Prior Sale
02/13/2013 02/13/13 For Sale $4,500,000 -- $572 / 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 $71,538 $6,007,766 $3,619,932 $2,387,834
2024 $71,538 $5,889,967 $3,548,953 $2,341,014
2023 $70,136 $5,774,478 $3,479,366 $2,295,112
2022 $66,847 $5,661,254 $3,411,144 $2,250,110
2021 $66,031 $5,550,250 $3,344,259 $2,205,991
2019 $64,037 $5,385,628 $3,245,067 $2,140,561
2018 $63,770 $5,280,029 $3,181,439 $2,098,590
2016 $52,333 $4,349,243 $1,974,038 $2,375,205
2015 $51,561 $4,283,915 $1,944,387 $2,339,528
2014 $43,799 $3,558,708 $3,121,427 $437,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-906299

The MLS

APN: 2424-039-008