NOT LISTED FOR SALE

4306 Forman Ave Toluca Lake, CA 91602

Estimated Value: $4,167,564

5 Beds
5.5 Baths
4,175 Sq Ft
$998/Sq Ft Est. Value

Last Sold May 30, 2017

Last sale price $2,850,000 $683 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $26,001/month

Highlights

  • Wine Cellar
  • Newly Remodeled
  • Primary Bedroom Suite
  • Rio Vista Elementary Rated A-
  • Heated In Ground Pool
  • Gated Parking

About This Home

As of December 2023

Seven years New gated Traditional 5 bedrooms + 5.5 baths Smart home in the heart of Toluca Lake. Impeccably designed, this approximate 4200 sq. foot home with European oak floors & exquisite finishes offers an open floor plan for ultimate indoor-outdoor California living. A gourmet Chef's dream kitchen with stunning island has stainless steel high-end appliances including built-in coffee maker and 2 dishwashers. The family room with fireplace and built-ins opens up completely to a lovely patio, landscaped private yard, redwood tree, built-in BBQ, pool and spa. The Master/primary bedroom offers vaulted ceilings, 2 walk-in closets, sitting area, built-ins with subzero fridge, fireplace, surround sound system, spacious private covered balcony and bathroom with double vanities, free standing tub and expansive rain shower. The other 4 bedrooms have bathrooms ensuite. Extra features include home office, wine room, large upstairs laundry room and direct entrance 2 car garage. Walking distance to Lakeside Golf Club, Toluca Lake Village, Warner Bros., Disney/Universal Studios with easy access to freeways, downtown and westside.

Last Agent to Rent the Property

Dorothy Sall

Classic Properties License #01186287 Listed on: 07/20/2023

Last Renter's Agent

Joan Duffy

Coldwell Banker Realty License #00525687

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,820

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 7,251 Sq Ft Lot
  • Lot Dimensions are 100x145
  • West Facing Home
  • Fenced
  • Sprinkler System
  • Lawn
  • Property is zoned LAR1

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Gated Parking

Property Views

  • Trees
  • Hills

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 4,175 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Double Pane Windows
  • Custom Window Coverings
  • Sliding Doors
  • Wine Cellar
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Dining Area
  • Home Office
  • Bonus Room
  • Utility Room
  • Engineered Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Home Security

  • Security Lights
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

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

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Grill
  • Rain Gutters

Location

  • City Lot

Utilities

  • Air Conditioning
  • Two cooling system units
  • Central Heating
  • Property is located within a water district
  • Sewer in Street

Community Details

  • Classic Properties Association

Listing and Financial Details

  • Security Deposit $39,000
  • Tenant pays for cable TV, electricity, gas, water
  • Rent includes gardener, pool
  • 12 Month Lease Term
  • Assessor Parcel Number 2424-032-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,820

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No
  • Rent Excludes: Internet, Utilities
  • Rent Includes: Gardener, Pool
  • Security Deposit: 39000
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Ground Level w/steps
  • Lease Terms: 1+Year
  • Living Area: 4175
  • Lot Acreage: 0.1664
  • Lot Dimensions: 100x145
  • Property Condition: New Construction
  • Stories: 2
  • Year Built: 2017
  • Number Of Photos: 55
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins, High Ceilings (9 Feet+)
  • Fireplace Rooms: Family Room, Living Room, Master Bedroom
  • Flooring: Engineered Hardwood
  • Appliances: Built-In Gas, Convection Oven, Cooktop - Gas, Double Oven, Microwave, Oven-Gas
  • Bedrooms: 5
  • Fireplaces: 3
  • Full Bathroom: 5
  • Half Bathroom: 1
  • Bedroom Features: WalkInCloset, Master Suite
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Kitchen Island, Breakfast Area, Dining Area
  • Kitchen Features: Quartz Counters, Counter Top
  • Laundry: Room, On Upper Level
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Dishwasher, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4.67
  • Windows: Double Pane Windows, Custom Window Covering, Drapes/Curtains

Exterior Features

  • Direction Faces: West
  • Construction: Brick, Wood Siding
  • Other Features: Balcony, Custom Built, High Ceilings (9 Feet+), Full Copper Plumbing, Rain Gutters, Sliding Glass Doors, Sprinkler System
  • Tennis Court Y/N: No
  • Patio: Balcony, Deck(s), Porch - Front
  • Pool Description: Heated And Filtered, Gunite
  • Pool: Yes
  • Roof: Composition, Shingle
  • Spa: Heated, Gunite
  • Spa Yn: Yes
  • View: Hills, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Direct Entrance, Door Opener, Garage - 2 Car, Garage Is Attached, Gated, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Dual
  • Heating: Central
  • Security: Fire Sprinklers, Smoke Detector, Exterior Security Lights, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: District

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Management Company: Classic Properties
  • Mgmt Co Phone: 8188453434|

Schools

  • School District: Los Angeles Unified

Lot Info

  • Special Zoning: Seismic Hazard
  • Sprinklers: Sprinkler System
  • Horses: No
  • Assessor Parcel Number: 2424-032-019
  • Lot Description: Curbs, Exterior Security Lights, Fenced, Lawn, Walk Street, Street Lighting, Single Lot, Sidewalks, Gutters
  • Lot Location: City
  • Lot Size Area: 7251

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2017
Closed on
May 24, 2017
Sold by
Valleysprings Lane Llc
Bought by
Hill Richard J and Hill Caitlin A
Seller's Agent
Dorothy Sall
Classic Properties
Buyer's Agent
Michael Maloney
LPT Realty, Inc
List Price
$2,995,000
Sold Price
$2,850,000
Premium/Discount to List
-$145,000
-4.84%
Current Estimated Value
$4,167,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,317,564
Avg. Annual Appreciation
4.67%
Original Mortgage
$1,995,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Hill Richard J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hill Richard J $1,995,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/30/2023 12/30/23 Rented $19,500 0.0% --
07/20/2023 07/20/23 For Rent $19,500 0.0% --
05/30/2017 05/30/17 Sold $2,850,000 -1.6% $648 / Sq Ft View Prior Sale
05/03/2017 05/03/17 Pending -- -- --
03/22/2017 03/22/17 Price Changed $2,895,000 -3.3% $658 / Sq Ft
01/17/2017 01/17/17 For Sale $2,995,000 -- $681 / 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 $45,820 $3,849,480 $2,288,880 $1,560,600
2024 $45,820 $3,774,000 $2,244,000 $1,530,000
2023 $38,675 $3,179,224 $2,168,566 $1,010,658
2022 $36,862 $3,116,888 $2,126,046 $990,842
2021 $36,414 $3,055,773 $2,084,359 $971,414
2019 $35,316 $2,965,139 $2,022,537 $942,602
2018 $34,850 $2,907,000 $1,982,880 $924,120
2016 $13,382 $1,116,775 $1,116,775 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-293319

The MLS

APN: 2424-032-019