NOT LISTED FOR SALE

4416 Ledge Ave Toluca Lake, CA 91602

Estimated Value: $2,111,002 - $2,521,000

3 Beds
2 Baths
2,256 Sq Ft
$1,029/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $1,100,000 $488 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $13,723/month

10 Days on Market

Highlights

  • In Ground Spa
  • Family Room with Fireplace
  • Wood Flooring
  • Toluca Lake Elementary School Rated A-
  • Traditional Architecture
  • Den

About This Home

As of November 2013

Gated & private, this Beautiful Traditional home with 2,256 sq.ft. of living space is situated in one of the most sought after neighborhoods in Los Angeles. Large cook's kitchen complimented with a generous breakfast area and french doors allowing access to the social space outside. Spacious public rooms include the living room with Fireplace, formal dining room and the light-filled sun room that opens the house to verdant grounds of the beautifully appointed yard. Mature trees frame the sunken spa/hot tub perfect for all seasons to relax or entertain; room for a pool. The 2nd level hosts the Master Suite, including a separate sitting room, lot's of windows, a digitally secured step-in Safe closet, master bath and His & Hers walk-in closet. The lower level of the home offers great space for entertaining, two bedrooms joined by the 2nd bath, one with French doors out to its own private patio, the 3rd used as an office with a picturesque window. This home is a MUST SEE!

Last Agent to Sell the Property

Tammy Tarner

Keller Williams Studio City License #01876302 Listed on: 10/07/2013

Keller Williams Studio City

Last Buyer's Agent

Out of Area Out of Area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 7,612 Sq Ft Lot
  • Lot Dimensions are 56x136
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Auto Driveway Gate

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2,256 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Alarm System
  • Property Views
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dressing Area

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Spa
  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2424-005-012

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Entry Floor: 1
  • Living Area: 2256
  • Lot Acreage: 0.1750
  • Lot Dimensions: 56x136
  • Stories: 2
  • Year Built: 1936
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Family Room, Living Room
  • Flooring: Carpet, Hardwood, Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 1
  • Three Quarter Bathrooms: 1
  • Eating Areas: Breakfast Area, Dining Area, Formal Dining Rm, In Kitchen
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Ceiling Fan, Dishwasher, Dryer, Range/Oven, Refrigerator, Trash Compactor, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 465.43

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Room For
  • Pool: No
  • Spa: Hot Tub, In Ground
  • Spa Yn: Yes
  • View: Any
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway Gate, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street
  • Water: District

Lot Info

  • Assessor Parcel Number: 2424-005-012
  • Geocode Override: No
  • Lot Size Area: 7612

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2013
Closed on
Oct 23, 2013
Sold by
Parrack Jim M
Bought by
Cusumano Christina
Seller's Agent
Tammy Tarner
Keller Williams Studio City
Buyer's Agent
Out of Area Out of Area
List Price
$1,050,000
Sold Price
$1,100,000
Premium/Discount to List
$50,000
4.76%
Current Estimated Value
$2,322,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,222,501
Avg. Annual Appreciation
6.32%
Original Mortgage
$900,000
Outstanding Balance
$667,515
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,654,986

Purchase Details

Closed on
Aug 17, 2010
Sold by
Okane Barbara J
Bought by
Parrack Jim M and Parrack Ciera D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,750
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 24, 1997
Sold by
Trust Norris Dianne K Tr Dianne K Norris
Bought by
Okane Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cusumano Christina $1,100,000 Old Republic Title
Parrack Jim M $975,000 Old Republic Title
Okane Frank $425,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cusumano Christina $900,000
Previous Owner Parrack Jim M $729,750
Previous Owner Okane Frank $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $1,100,000 +4.8% $488 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
10/07/2013 10/07/13 For Sale $1,050,000 -- $465 / Sq Ft
Source: The MLS

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 $16,759 $1,401,710 $980,685 $421,025
2024 $16,759 $1,374,226 $961,456 $412,770
2023 $16,432 $1,347,281 $942,604 $404,677
2022 $15,663 $1,320,865 $924,122 $396,743
2021 $15,469 $1,294,966 $906,002 $388,964
2019 $15,002 $1,256,559 $879,131 $377,428
2018 $14,878 $1,231,922 $861,894 $370,028
2016 $13,683 $1,139,087 $828,427 $310,660
2015 $13,481 $1,121,978 $815,984 $305,994
2014 $13,607 $1,100,000 $800,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-709927

The MLS

APN: 2424-005-012