NOT LISTED FOR SALE

4606 Arcola Ave Toluca Lake, CA 91602

Estimated Value: $3,778,775 - $5,555,000

5 Beds
6.5 Baths
6,400 Sq Ft
$726/Sq Ft Est. Value

Last Sold October 23, 2012

Last sale price $1,920,000 $300 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $26,739/month

161 Days on Market

Highlights

  • Cabana
  • Wood Flooring
  • Bonus Room
  • Fireplace in Primary Bedroom
  • Mediterranean Architecture
  • Home Office

About This Home

As of October 2012

Exquisite gated and private Mediterranean estate in prime Toluca Lake location. This newer designer home features a grand scale with top of the line materials, quality of construction and fantastic architectural design. Extraordinary details throughout the house featuring high ceilings, intricate crown molding, limestone and cherry wood floors. Grand entrance with sweeping staircase, large formal living/ dining room and gourmet top-of-the line chef's kitchen with generously sized center island. Luxurious master suite with large fireplace, spa like bath and walk in his/ her closets. Great in and outdoor flow include lush landscaped grounds with large pool, dining terrace, barbeque and entertaining areas. Perfect to enjoy the Southern California lifestyle. One of the most elegant and private estates currently offered in Toluca Lake.

Last Agent to Sell the Property

Aaron Kirman

Christie's International Real Estate SoCal License #01296524 Listed on: 04/09/2012

Christie's International Real Estate SoCal

Last Buyer's Agent

Keith Fisher

Berkshire Hathaway HomeServices California Properties License #01039460

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,464

Year Built

  • Built in 2008

Lot Details

  • 0.31 Acre Lot
  • Property is zoned LARE9

Parking

  • Attached Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 6,400 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Wood Flooring
  • Alarm System

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Cabana
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Phone System
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2420-024-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,464

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 6400
  • Stories: 2
  • Year Built: 2008
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Hardwood, Mixed
  • Bedrooms: 5
  • Full Bathroom: 6
  • Half Bathroom: 1
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Inside, Room
  • Total Bathrooms: 7.00
  • Den: 1
  • Equipment: Alarm System, Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Microwave, Phone System, Range/Oven, Refrigerator, Satellite, Washer
  • Price Per S Q F T: 335.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Attached

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2420-024-001
  • Lot Size Area: 13512

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
Oct 19, 2012
Sold by
Kegeyan Kristina
Bought by
Chaudhary Preet M and Chaudhary Manisha
Seller's Agent
Aaron Kirman
Christie's International Real Estate SoCal
Buyer's Agent
Keith Fisher
Berkshire Hathaway HomeServices California Properties
List Price
$2,875,000
Sold Price
$1,920,000
Premium/Discount to List
-$955,000
-33.22%
Current Estimated Value
$4,646,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,726,194
Avg. Annual Appreciation
7.02%
Original Mortgage
$1,536,000
Outstanding Balance
$1,064,132
Interest Rate
3.52%
Mortgage Type
New Conventional
Estimated Equity
$3,582,062

Purchase Details

Closed on
Jan 6, 2009
Sold by
Benyamine Hrak
Bought by
Kegeyan Kristina

Purchase Details

Closed on
Sep 14, 2005
Sold by
Flint Miriam Alton and The Helen Gunster Stermer Revo
Bought by
Benyamine Hrak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.96%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 8, 2005
Sold by
Benyamine Marlene
Bought by
Benyamine Hrak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
5.96%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 18, 2005
Sold by
Stermer Helen Gunster
Bought by
Stermer Helen Gunster and Stermer Helen Gunster
Source: Public Records

Range of Values:

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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
Chaudhary Preet M $1,920,000 California Title Company
Kegeyan Kristina -- None Available
Benyamine Hrak -- Equity Title Company
Benyamine Hrak -- Equity Title Company
Stermer Helen Gunster -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudhary Preet M $1,536,000
Previous Owner Benyamine Hrak $975,000
Previous Owner Benyamine Hrak $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2012 10/23/12 Sold $1,920,000 -10.5% $300 / Sq Ft
09/07/2012 09/07/12 Price Changed $2,145,000 -10.6% $335 / Sq Ft
08/24/2012 08/24/12 Price Changed $2,399,000 0.0% $375 / Sq Ft
08/22/2012 08/22/12 Price Changed $2,399,999 -7.7% $375 / Sq Ft
06/19/2012 06/19/12 Price Changed $2,600,000 -9.6% $406 / Sq Ft
04/09/2012 04/09/12 For Sale $2,875,000 -- $449 / 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 $28,464 $2,364,332 $880,343 $1,483,989
2024 $28,464 $2,317,974 $863,082 $1,454,892
2023 $27,912 $2,272,524 $846,159 $1,426,365
2022 $26,614 $2,227,966 $829,568 $1,398,398
2021 $26,269 $2,184,281 $813,302 $1,370,979
2019 $25,481 $2,119,496 $789,180 $1,330,316
2018 $25,273 $2,077,938 $773,706 $1,304,232
2016 $24,129 $1,997,251 $743,663 $1,253,588
2015 $23,774 $1,967,251 $732,493 $1,234,758
2014 $23,842 $1,928,716 $718,145 $1,210,571
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 12-592705

The MLS

APN: 2420-024-001