NOT LISTED FOR SALE

4722 1/2 Forman Ave Toluca Lake, CA 91602

Estimated Value: $2,057,658 - $2,375,000

3 Beds
2 Baths
2,386 Sq Ft
$902/Sq Ft Est. Value

Last Sold September 24, 2014

Last sale price $1,135,000 $476 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $12,689/month

44 Days on Market

Highlights

  • In Ground Pool
  • Traditional Architecture
  • Covered Patio or Porch
  • Dining Room with Fireplace
  • Wood Flooring
  • Breakfast Room

About This Home

As of September 2014

Tucked away on a lovely private lane in a highly desired Toluca Lake neighborhood, this warm and inviting three bedroom, two bath family home, sitting on over 10,000 sq. ft, boasts a big sparkling pool and has gleaming hardwood floors throughout. A large, light living room and family room leads to the poolside patio, perfect for having casual gatherings and for creating countless memories. The grand oversized dining room, just off the kitchen, with rich, dark hardwood cabinets, and complete with built-ins, a comforting fireplace and an inset barbecue is perfect to hold all your big dinner parties. The kitchen also features a quaint breakfast nook for more casual, laid-back dining. The home also provides additional parking spaces for your guests.

Last Agent to Sell the Property

Craig Strong

Compass License #01450987 Listed on: 07/07/2014

Compass

Co-Listed By

Charles Bartlett

License #01198242

Last Buyer's Agent

Craig Strong

Compass License #01450987 Listed on: 07/07/2014

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,479

Year Built

  • Built in 1953

Lot Details

  • 10,641 Sq Ft Lot
  • Property is zoned LARE9

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,386 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces
  • Laundry Room

Kitchen

  • Breakfast Room
  • Oven or Range
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 2420-018-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,479

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Main Level
  • Living Area: 2386
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Dining, Gas, Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Built-In BBQ, Built-Ins, Range
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Nook, Dining Area
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 500.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Private
  • Pool: Yes
  • View: No

Garage/Parking

  • Parking Garage: Attached, Driveway - Concrete, Garage, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 2420-018-014
  • Geocode Override: No
  • Lot Size Area: 10641

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2014
Closed on
Sep 11, 2014
Sold by
Green Mark Scott
Bought by
The Papazian Family Trust
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Craig Strong
Compass
List Price
$1,249,000
Sold Price
$1,135,000
Premium/Discount to List
-$114,000
-9.13%
Current Estimated Value
$2,151,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,016,165
Avg. Annual Appreciation
5.93%
Original Mortgage
$675,000
Outstanding Balance
$515,800
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$1,635,365

Purchase Details

Closed on
Mar 17, 2004
Sold by
Green Mark Scott
Bought by
Green Mark Scott and Green Yvonne Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 2, 1999
Sold by
Lepejian Isgo
Bought by
Green Mark Scott and Green Yvonne Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,200
Interest Rate
7.62%

Purchase Details

Closed on
Feb 2, 1995
Sold by
Lepejian Isgo
Bought by
Lepejian Isgo and Lepejian Anoush

Purchase Details

Closed on
Mar 30, 1994
Sold by
Lepejian Isgo
Bought by
Lepejian Isgo and Lepejian Anoush
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
The Papazian Family Trust $1,135,000 Ticor Title Company
Green Mark Scott -- Gateway Title Company
Green Mark Scott $529,000 Lawyers Title Company
Lepejian Isgo -- Fidelity National Title Ins
Lepejian Isgo -- --
Lepejian Isgo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Papazian Family Trust $675,000
Previous Owner Green Mark Scott $407,000
Previous Owner Green Mark Scott $423,200
Closed Green Mark Scott $79,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2014 09/24/14 Sold $1,135,000 -5.0% $476 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
08/20/2014 08/20/14 Price Changed $1,195,000 -4.3% $501 / Sq Ft
07/07/2014 07/07/14 For Sale $1,249,000 -- $523 / 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 $16,479 $1,364,091 $857,396 $506,695
2024 $16,479 $1,337,345 $840,585 $496,760
2023 $16,160 $1,311,123 $824,103 $487,020
2022 $15,410 $1,285,416 $807,945 $477,471
2021 $15,220 $1,260,212 $792,103 $468,109
2019 $14,765 $1,222,835 $768,609 $454,226
2018 $14,601 $1,198,859 $753,539 $445,320
2016 $13,956 $1,152,308 $724,279 $428,029
2015 $13,752 $1,135,000 $713,400 $421,600
2014 $8,319 $663,248 $440,202 $223,046
Source: Public Records

Agents Affiliated with this Home

  • Craig Strong

    Seller's Agent in 2014

    Craig Strong

    Compass

    (818) 987-9700

    122 in this area

    313 Total Sales

    Craig Strong
    Section Image

  • C

    Seller Co-Listing Agent in 2014

    Charles Bartlett

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Map

Source: The MLS

MLS Number: 14-774643

The MLS

APN: 2420-018-014

California Los Angeles County Toluca Lake 91602

4722 1/2 Forman Ave, Toluca Lake, CA

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