NOT LISTED FOR SALE

4715 Arcola Ave Toluca Lake, CA 91602

Estimated Value: $3,789,000 - $5,203,000

5 Beds
5.5 Baths
5,232 Sq Ft
$839/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $3,750,000 $717 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $26,977/month

Highlights

  • Home Theater
  • Open Floorplan
  • Main Floor Bedroom
  • Heated In Ground Pool
  • Wood Flooring
  • Modern Architecture

About This Home

As of September 2021

Welcome to this gorgeous modern 2-story farmhouse nestled in the heart of famous Toluca Lake! Major reconstruction and expansion were done in 2018. Charming curb appeal, circular driveway, impeccable craftsmanship, and quality. Bright and airy open living concept. Spacious formal living room with romantic fireplace, bi-fold doors open to a covered lanai with wood deck, azure pool/spa, large windows with custom window treatments overlooks at a view of the manicured front yard. Gourmet chef's kitchen with stunning quartz countertops, custom two-tone cabinets, stainless still appliances, 6 burner Wolf range with griddle, dual ovens, built-in refrigerator, built-in microwave, dishwasher, large entertainer's island with breakfast bar, walk-in pantry, and a cozy family room. The elegant formal dining room with custom window treatments faces a lush backyard, pool, and lanai. There are 6 Hotel styled bathrooms, 2 of which are located on the first floor. Upstairs you will find the Primary bedroom with an amazing custom walk-in cedar closet, and a stunning en-suite spa with a glass-enclosed steam shower. 4 additional bedrooms with 1 downstairs guest bedroom that has an attached bath and a home movie theater. All bedrooms have custom window treatments. Entertainer's dream backyard with a sparkling heated saltwater pool, spa, and a large grassy area. The yard is surrounded by stunning cemented grass pavers that add charm to the space. This elegant gem greets you with Control4 Smart Homes automation with surround system speakers throughout. Close to Trader Joe's, Whole Foods, famous Kabosu Sushi, Universal Studios, Hollywood Bowl, and Warner Brothers.

Last Agent to Sell the Property

Varteni Kambourian

Beverly and Company, Inc. License #01908992 Listed on: 06/01/2021

Beverly and Company, Inc.

Last Buyer's Agent

Nima Sadaghiani

Balboa Real Estate License #02016926

Balboa Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,327

Year Built

  • Built in 1938

Lot Details

  • 0.31 Acre Lot
  • Vinyl Fence
  • Landscaped
  • Sprinkler System
  • Back and Front Yard
  • Property is zoned LARE9

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Circular Driveway

Home Design

  • Modern Architecture
  • Turnkey

Interior Spaces

  • 5,232 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Wood Flooring
  • Pool Views
  • Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Quartz Bathroom Countertops
  • Low Flow Toliet
  • Bathtub
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Home Security System
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

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

Outdoor Features

  • Wood Patio
  • Lanai
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 13
  • Assessor Parcel Number 2420025012

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,327

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Home Movie Theater TV and Family Room TV.
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LARE9
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2420025012
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5232.00 Square Feet
  • Interior Amenities: Home Automation System, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 2
  • Entry Location: Main Level
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Eating Area: Breakfast Counter / Bar, Dining Room, Separated
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 716.74
  • Room Type: Attic, Family Room, Home Theatre, Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet, Walk-In Pantry
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Quartz Counters, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • View: Pool
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Lanai, Wood
  • Pool Features: Private, Heated, In Ground, Salt Water
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Covered, Direct Garage Access, Garage, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Dishwasher, Double Oven, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lot 10000-19999 Sqft, Sprinkler System
  • Lot Size Sq Ft: 13500.00
  • Lot Size Acres: 0.3099

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Feb 15, 2019
Sold by
Kp Residential Lp
Bought by
Burunsuzyan Maro
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Varteni Kambourian
List Price
$2,999,000
Sold Price
$2,750,000
Premium/Discount to List
-$249,000
-8.3%
Current Estimated Value
$4,391,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,641,874
Avg. Annual Appreciation
7.33%
Original Mortgage
$1,500,000
Outstanding Balance
$1,268,263
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,123,611

Purchase Details

Closed on
Jun 13, 2017
Sold by
Vercammen Paul J
Bought by
Kp Residential Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$949,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 1994
Sold by
Jamison Richard K and Jamison Betty M
Bought by
Vercammen Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
8.54%
Source: Public Records

Range of Values:

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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
Lee Jinhyuk Jeff $3,750,000 Priority Title
Burunsuzyan Maro $2,750,000 Old Republic Title Co
Kp Residential Lp $1,500,000 Old Republic Title Company
Vercammen Paul J -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jinhyuk Jeff $2,812,500
Previous Owner Burunsuzyan Maro $1,500,000
Previous Owner Kp Residential Lp $949,000
Previous Owner Vercammen Paul J $328,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2021 09/17/21 Sold $3,750,000 -3.7% $717 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
07/20/2021 07/20/21 Price Changed $3,895,000 -8.4% $744 / Sq Ft
06/01/2021 06/01/21 For Sale $4,250,000 +54.5% $812 / Sq Ft
03/14/2019 03/14/19 Sold $2,750,000 -8.3% $499 / Sq Ft View Prior Sale
02/12/2019 02/12/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $2,999,000 -- $544 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $47,327 $3,979,529 $2,175,476 $1,804,053
2024 $47,327 $3,901,500 $2,132,820 $1,768,680
2023 $46,398 $3,825,000 $2,091,000 $1,734,000
2022 $44,221 $3,750,000 $2,050,000 $1,700,000
2021 $33,718 $2,834,059 $2,061,134 $772,925
2020 $34,069 $2,805,000 $2,040,000 $765,000
2019 $29,094 $2,435,943 $1,504,500 $931,443
2018 $21,431 $1,766,500 $1,475,000 $291,500
2016 $7,109 $581,738 $396,298 $185,440
2015 $7,006 $573,001 $390,346 $182,655
2014 $7,035 $561,778 $382,700 $179,078
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21117029

California Regional Multiple Listing Service (CRMLS)

APN: 2420-025-012