NOT LISTED FOR SALE

4408 Ledge Ave Toluca Lake, CA 91602

Estimated Value: $3,888,000 - $4,379,000

0.17 Acre
$24,188,871 Price per Acre
7,612 Sq Ft Lot

Last Sold July 28, 2015

Last sale price $1,150,000 $240 Per Sq Ft

Est. 294% increase in value since last sale

Current estimated payment $27,140/month

25 Days on Market

About This Lot

As of July 2015

Carve out your own piece of history with over 7,600 sqft of land from the Bob Hope Estate. Rarely is a vacant property so rich with history and culture. What has spent decades as the beautiful grounds of an iconic estate will be the future site of an even more enchanting residence. With equal parts charming streets and grand estates, Toluca Lake is the perfect setting to create your dream home. Build your dream home on this slice of Hollywood history.

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 06/01/2015

Compass

Last Buyer's Agent

Craig Strong

Compass License #01450987 Listed on: 06/01/2015

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,590

Lot Details

  • 7,612 Sq Ft Lot
  • Property is zoned LAR1

Listing and Financial Details

  • Assessor Parcel Number 2424-005-013

Property Details

Property Type

Land

Est. Annual Taxes

$40,590

Lot Details

0

Listing Details

  • Property Type: Land
  • Street Number Display: Yes
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: No

Utilities

  • Cable: No
  • Telephone: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 2424-005-013
  • Geocode Override: No
  • Lot Size Area: 7612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2017
Sold by
Ron California Properties Llc
Bought by
Quilici Philippe and Quilici Susanne
Current Estimated Value
$4,529,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$1,991,910
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$2,120,198

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jul 17, 2015
Sold by
Montalto Anthony V
Bought by
Ron California Properties Llc
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Craig Strong
Compass
List Price
$999,000
Sold Price
$1,150,000
Premium/Discount to List
$151,000
15.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.22%
Original Mortgage
$500,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Hope Dolores Defina and Spanos Alexander
Bought by
Hope Dolores and The Dolores Hope Trust

Purchase Details

Closed on
Aug 16, 1996
Sold by
Hope Lester T and Hope Dolores
Bought by
Hope Bob
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Quilici Philippe $3,000,000 Lawyers Title
Ron California Properties Llc $1,150,000 Ticor Title
Hope Dolores -- --
Hope Bob -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quilici Philippe $2,400,000
Previous Owner Ron California Properties Llc $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2015 07/28/15 Sold $1,150,000 +15.1% $240 / Sq Ft
06/26/2015 06/26/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $999,000 -- $208 / 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 $40,590 $3,413,482 $1,148,635 $2,264,847
2024 $40,590 $3,346,552 $1,126,113 $2,220,439
2023 $39,793 $3,280,934 $1,104,033 $2,176,901
2022 $37,923 $3,216,603 $1,082,386 $2,134,217
2021 $37,458 $3,153,533 $1,061,163 $2,092,370
2019 $36,325 $3,060,000 $1,029,690 $2,030,310
2018 $36,242 $3,000,000 $1,009,500 $1,990,500
2016 $13,726 $1,150,000 $1,150,000 $0
2015 $5,237 $437,792 $437,792 $0
2014 $5,253 $429,217 $429,217 $0
Source: Public Records

Agents Affiliated with this Home

  • Craig Strong

    Seller's Agent in 2015

    Craig Strong

    Compass

    (818) 987-9700

    122 in this area

    312 Total Sales

    Craig Strong
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Map

Source: The MLS

MLS Number: 15-910557

The MLS

APN: 2424-005-013

California Los Angeles County Toluca Lake 91602

4408 Ledge Ave, Toluca Lake, CA

This home is located at 4408 Ledge Ave, Toluca Lake, CA 91602 since 01 June 2015 and is currently estimated at $4,112,108, approximately $856 per square foot. 4408 Ledge Ave is a home located in Los Angeles County with nearby schools including Toluca Lake Elementary School, Walter Reed Middle, and East Valley Senior High School.

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