NOT LISTED FOR SALE

Estimated Value: $3,969,000 - $5,441,799

4 Beds
4.5 Baths
4,025 Sq Ft
$1,180/Sq Ft Est. Value

Last Sold June 24, 2019

Last sale price $3,140,000 $780 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $29,507/month

6 Days on Market

Highlights

  • Golf Course Community
  • In Ground Pool
  • Gated Parking
  • Rio Vista Elementary Rated A-
  • Primary Bedroom Suite
  • 0.38 Acre Lot

About This Home

As of June 2019

This Art Deco Treasure is on one of Toluca Lake's Original Lots and on one of Toluca Lake's most enchanting streets. This marvelous creation, with its slick linear appearance and stylized geometric ornamentation was built by famed Walter Lantz, creator of " Lantz Looney Toons" Cartoons. Cherished, respectfully preserved through the many years; unspoiled and available.

Welcoming, Soaring Foyer where the warm wood eleven foot sliding doors stand ready to provide privacy for the Living Space with benefit of all the period embellishments. The Library's historic cozy wood paneling takes us to an era long forgotten.

Follow the Grandeur of the Tall Curved Form Staircase to the Light Filled Office. The traditional His and Hers Master Suite is on the second level where privacy is key!

A Gracious Dining Room, fit for nobility, is adjacent to the Butler's Area and to the thoughtfully updated Cook's Kitchen; laundry area beyond.

The One Bedroom Granny Flat, an absolute gem, has views of the gardens and pool area, with private entry, if you prefer.

Mature trees, flowering gardens, patios surround the elegant swimming pool, saline filtration system, of course.

Gated Drive; Generous Chauffeur Area; Two Two Car Garages.

A Museum Worthy Treasure!

Last Agent to Sell the Property

Seda Shumate

Ramsey-Shilling Assoc. License #00837808 Listed on: 05/02/2019

Last Buyer's Agent

Aida Poladian

Ramsey-Shilling Assoc. License #00685636

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,092

Year Built

  • Built in 1934

Lot Details

  • 0.38 Acre Lot
  • Fenced
  • Landscaped
  • Wooded Lot
  • Garden
  • Property is zoned LAR1

Parking

  • 4 Car Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Gentle Sloping Lot
  • Driveway Up Slope From Street
  • Gated Parking

Interior Spaces

  • 4,025 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Living Room with Fireplace
  • Library with Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Maid or Guest Quarters

Pool

  • In Ground Pool
  • Saltwater Pool

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 8064
  • Assessor Parcel Number 2424035024

Community Details

Recreation

  • Golf Course Community

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,092

Year Built

Built in 1934

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2424035024
  • Year Built: 1934
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4025.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Library, Living Room
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 780.12
  • Room Type: Foyer, Guest/Maid's Quarters, Library, Living Room, Master Suite

Exterior Features

  • Fence: Yes
  • Pool Features: Private, In Ground, Salt Water
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway Up Slope From Street, Garage, Garage Faces Front, Garage Door Opener, Gated
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Gentle Sloping, Landscaped, Treed Lot, Up Slope from Street
  • Lot Size: 16647
  • Lot Size Sq Ft: 16647.00
  • Lot Size Acres: 0.3822

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16647.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1431.00
  • Tax Lot: 27
  • Tax Tract Number: 8064

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
May 13, 2019
Sold by
Kendrick Margaret and Kendrick Francis Whitney
Bought by
Youredjian Haig and Weaver Greg
Seller's Agent
Seda Shumate
Ramsey-Shilling Assoc.
Buyer's Agent
Aida Poladian
Ramsey-Shilling Assoc.
List Price
$3,200,000
Sold Price
$3,140,000
Premium/Discount to List
-$60,000
-1.88%
Current Estimated Value
$4,750,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,610,200
Avg. Annual Appreciation
6.93%
Original Mortgage
$1,575,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 26, 2016
Sold by
Kendrick Margaret
Bought by
Kendrick Margaret and Kendrick Francis Whitney

Purchase Details

Closed on
Aug 20, 2015
Sold by
Kendrick Margaret
Bought by
Kendrick Margaret

Purchase Details

Closed on
Sep 6, 2011
Sold by
Gumpertz Donald G and The Gumpertz Family Revocable
Bought by
Gumpertz Donald G and The Donald Gumpertz Trust
Source: Public Records

Range of Values:

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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
Youredjian Haig $3,140,000 Old Republic Title Company
Kendrick Margaret -- None Available
Kendrick Margaret -- None Available
Gumpertz Donald G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youredjian Haig $1,500,000
Closed Youredjian Haig $500,000
Closed Youredjian Haig $1,740,000
Closed Youredjian Haig $1,575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2019 06/24/19 Sold $3,140,000 -1.9% $780 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $3,200,000 -- $795 / 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 $44,092 $3,818,098 $2,231,036 $1,587,062
2024 $44,092 $3,609,144 $2,187,291 $1,421,853
2023 $43,232 $3,538,377 $2,144,403 $1,393,974
2022 $41,216 $3,468,998 $2,102,356 $1,366,642
2021 $38,783 $3,235,980 $2,061,134 $1,174,846
2019 $4,830 $347,561 $134,707 $212,854
2018 $4,632 $340,747 $132,066 $208,681
2016 $4,396 $327,518 $126,939 $200,579
2015 $4,338 $322,600 $125,033 $197,567
2014 $4,363 $316,281 $122,584 $193,697
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19065574

California Regional Multiple Listing Service (CRMLS)

APN: 2424-035-024