$5,000,000
SOLD DEC 20, 2024

4333 Forman Ave Toluca Lake, CA 91602

7 Beds
8 Baths
11,075 Sq Ft
0.61 Acres

Recently Sold

$451 Per Sq Ft

27% Below List Price

235 Days on Market

Highlights

  • Detached Guest House
  • Heated In Ground Pool
  • Two Primary Bedrooms
  • Rio Vista Elementary Rated A-
  • Sauna
  • View of Trees or Woods

About This Home

As of December 2024

Welcome to a truly magnificent residence nestled within the exclusive enclave of TolucaLake. This regal manor boasts 7 bedrooms and 8 bathrooms across a sprawling 11,075 Sq.Ft., situated on an expansive 26,468 Sq.Ft lot. A circular driveway with an electric security gate on each end is enhanced with a picturesque pond that adds to the captivating entrance, setting the stage for this luxurious oasis. The double-door entry, high ceilings and beautiful French doors further amplify the timeless elegance that fills every corner of this distinguished Toluca Lake estate. A grand 8-car garage accommodates any automotive enthusiast, while exquisite marble, hardwood, and carpeted floors grace the interiors. The spacious chef's kitchen beckons culinary enthusiasts to create and savor. The kitchen is designed for cooking efficiency-providing ample space for meal preparation, cleanup, entertaining guests and hosting gatherings. The primary suite offers a retreat with 2 fireplaces, a serene sitting area, and sauna. Adding to the appeal of this exceptional property is a charming 1 bedroom, and 1 bath guest house, ensuring both privacy and convenience. This impressive residence has a total of 7 fireplaces throughout, promoting a warm inviting ambiance in various living spaces. The backyard features a large grassy area ideal for families and shimmering pool and spa, creating a relaxing haven for both leisure and entertaining. The basement offers ample storage space, and the potential for conversion into an extra room, studio or entertainment area, adding versatility to this already extraordinary property. Close proximity to nearby restaurants and shopping experiences along Riverside Drive, this home offers something for everyone. Welcome home!

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 04/19/2024

Compass

Last Buyer's Agent

Garik Hadjinian

License #01726567

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,767

Year Built

  • Built in 1935

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 94x281
  • East Facing Home
  • Gated Home
  • Wrought Iron Fence
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard
  • Property is zoned LARE11

Parking

  • 8 Car Direct Access Garage
  • 10 Open Parking Spaces
  • Attached Carport
  • Parking Storage or Cabinetry
  • Garage Door Opener
  • Circular Driveway
  • Auto Driveway Gate

Property Views

  • Woods
  • Trees
  • Mountain
  • Hills
  • Pool

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Turnkey

Interior Spaces

  • 11,075 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Recessed Lighting
  • Gas Fireplace
  • Shutters
  • Custom Window Coverings
  • Blinds
  • Bay Window
  • Garden Windows
  • Window Screens
  • Double Door Entry
  • French Doors
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 7 Fireplaces
  • Den with Fireplace
  • Bonus Room with Fireplace
  • Storage
  • Sauna
  • Basement

Kitchen

  • Kitchenette
  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Powder Room
  • In-Law or Guest Suite
  • Double Vanity
  • Bidet
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

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

Outdoor Features

  • Balcony
  • Brick Porch or Patio
  • Built-In Barbecue
  • Rain Gutters

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2424-022-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,767

Year Built

Built in 1935

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 11075
  • Lot Acreage: 0.6078
  • Lot Dimensions: 94x281
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1935
  • Number Of Photos: 70
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases, Bar, Basement, Bidet, Built-Ins, Crown Moldings, High Ceilings (9 Feet+), Wet Bar, Turnkey, Storage Space, Recessed Lighting, Pre-wired for high speed Data, Pre-wired for surround sound, Mirrored Closet Door(s)
  • Fireplace Rooms: Bonus Room, Den, Gas, Dining, Primary Bedroom, Living Room
  • Flooring: Carpet, Hardwood, Marble, Tile
  • Appliances: Built-In BBQ, Built-Ins, Cooktop - Gas, Double Oven, Gas, Microwave, Warmer Oven Drawer
  • Bedrooms: 7
  • Fireplaces: 7
  • Full Bathroom: 5
  • Half Bathroom: 2
  • Bedroom Features: 2 Primary Bedrooms, Dressing Area, Main Floor Bedroom, Primary Bedroom, WalkInCloset, Multi-Level Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Double Vanity(s), Fiberglass Shower Enclosure, Linen Closet, Powder Room, Shower and Tub, Shower Over Tub
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Dining Area, In Kitchen, Kitchen Island
  • Kitchen Features: Counter Top, Island, Kitchenette, Pantry, Skylight(s)
  • Laundry: Inside, Laundry Area, On Upper Level
  • Maids Room: 1
  • Total Bathrooms: 8.00
  • Den: 1
  • Equipment: Alarm System, Bar Ice Maker, Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 541.31
  • Windows: Bay Window, Custom Window Covering, Drapes/Curtains, Garden Window, Screens, Skylights, Window Blinds, Window Shutters

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, Barbecue Private, Double Door Entry, French Doors, High Ceilings (9 Feet+), Rain Gutters, Sauna Private, Sprinkler System
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Fence: Wrought Iron
  • Guest House: Detached
  • Patio: Balcony, Brick
  • Pool Description: In Ground, Heated And Filtered
  • Pool: Yes
  • Spa: In Ground, Heated
  • Spa Yn: Yes
  • View: Hills, Mountains, Pool, Tree Top, Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Spaces: 8
  • Other Spaces: 10
  • Covered Parking: 8
  • Parking Garage: Built-In Storage, Carport Attached, Circular Driveway, Direct Entrance, Door Opener, Garage - 4+ Car, Driveway Gate, Garage Is Attached
  • Total Parking: 8

Utilities

  • Water Heater: Water Heater Unit, Gas
  • Cooling: Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Gated, Owned, Prewired for alarm system, Smoke Detector
  • Sewer: In Street
  • Water: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 2424-022-007
  • Lot Description: Automatic Gate, Back Yard, Exterior Security Lights, Fenced, Front Yard, Lawn, Yard, Street Lighting
  • Lot Size Area: 26476

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Ani Terzibashyan and Shapiro Charles Joel
Bought by
Petrosyan Karen
Current Estimated Value
$5,274,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
7.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2023
Sold by
Charles Joel Shapiro Exempt Trust
Bought by
Charles Joel Shapiro Special Trust and Shapiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 3, 2012
Closed on
Dec 12, 2012
Sold by
Baio Steven and Baio Scott Vincent
Bought by
Charles Joel Shapiro Exempt Trust and Martha Ellen Scott 1998 Grantor Trust
Seller's Agent
Scott Sorrentino
Rodeo Realty
Sold Price
$3,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.12%

Purchase Details

Closed on
Apr 12, 2012
Sold by
Baio Steven and Baio Family Trust
Bought by
Baio Steven and Brouse Stephanie Baio

Purchase Details

Closed on
Nov 19, 2008
Sold by
Baio Rose
Bought by
Baio Rose and Baio Steven

Purchase Details

Closed on
Oct 5, 1994
Sold by
Charter Pacific Bank
Bought by
Baio Mario and Baio Rose

Purchase Details

Closed on
Apr 11, 1994
Sold by
Althouse Peter K
Bought by
Charter Pacific Bank and Inland Community Bank Na
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 Type Sale Price Title Company
Grant Deed -- Ticor Title Company
Grant Deed -- Lawyers Title
Grant Deed $3,150,031 Lawyers Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,305,000 Fidelity National Title
Individual Deed -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 New Conventional
Previous Owner $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $5,000,000 -16.6% $451 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
07/27/2024 07/27/24 Price Changed $5,995,000 -6.3% $541 / Sq Ft
06/10/2024 06/10/24 Price Changed $6,395,000 -7.3% $577 / Sq Ft
04/19/2024 04/19/24 For Sale $6,895,000 +37.9% $623 / Sq Ft
03/26/2024 03/26/24 Off Market $5,000,000 -- --
03/11/2024 03/11/24 For Sale $6,895,000 +118.9% $623 / Sq Ft
12/26/2012 12/26/12 Sold $3,150,000 -- $284 / Sq Ft
10/03/2012 10/03/12 Pending -- -- --
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 $46,767 $5,000,000 $2,729,600 $2,270,400
2024 $46,767 $3,802,933 $1,810,921 $1,992,012
2023 $45,861 $3,728,366 $1,775,413 $1,952,953
2022 $43,730 $3,655,261 $1,740,601 $1,914,660
2021 $43,158 $3,583,590 $1,706,472 $1,877,118
2019 $41,864 $3,477,301 $1,655,858 $1,821,443
2018 $41,583 $3,409,120 $1,623,391 $1,785,729
2016 $39,692 $3,276,741 $1,560,353 $1,716,388
2015 $39,110 $3,227,523 $1,536,916 $1,690,607
2014 $39,222 $3,164,301 $1,506,810 $1,657,491
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-364411

The MLS

APN: 2424-022-007