NOT LISTED FOR SALE

4724 1/2 Forman Ave Toluca Lake, CA 91602

Toluca Lake Neighborhood

Estimated Value: $2,786,000 - $3,211,020

4 Beds
3.5 Baths
4,000 Sq Ft
$749/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $3,100,000 $775 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $19,975/month

63 Days on Market

Highlights

  • Detached Guest House
  • Cabana
  • 0.38 Acre Lot
  • Wine Room
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of June 2023

Toluca Lake Craftsman + guest house/ADU with separate address on a private lane. Remodeled 4,000 sq. ft. 4 beds / 4 baths. (additional 1+1 in ADU) Incl. high ceilings with polished Lodgepole Pine, Douglas Fir millwork and custom cabinetry, White Oak floors, skylights, light-filtering Shoji screens and Tatami dining or sitting room, creating 'East Meets West' style. Step outdoors to spacious entertainer's deck off sunken fireside living room. Chefs will delight in updated kitchen with built-in wok for delicious healthy meals. Main bed features vaulted ceiling, large walk-in closet, office loft, sitting room, dressing area and en suite with heated floor, steam shower and Traditional Japanese soaking tub. Incl. wine cellar with tasting room. Take in peace and tranquility of Zen meditation garden, swimming pool, cabana with skylights and curtains, built-in BBQ and mountain/woodland views. Private lane to access-controlled ADU, fenced end unit on cul-de-sac. 4733 Clybourn Ave. Close to studios.

Last Listed By

Craig Strong

Compass License #01450987 Listed on: 03/16/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,456

Year Built

  • Built in 1946 | Remodeled

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 97x153
  • Property fronts a private road
  • End Unit
  • Cul-De-Sac
  • South Facing Home
  • Fenced Yard
  • Sprinklers on Timer
  • Back Yard
  • Property is zoned LARE9

Parking

  • 2 Car Garage
  • 1 Detached Carport Space
  • Garage Door Opener
  • Circular Driveway
  • Automatic Gate

Property Views

  • Woods
  • Mountain
  • Pool

Home Design

  • Split Level Home
  • Turnkey

Interior Spaces

  • 4,000 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Bar
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Track Lighting
  • Custom Window Coverings
  • Double Door Entry
  • French Doors
  • Sliding Doors
  • Wine Room
  • Wine Cellar
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Home Office
  • Loft
  • Bonus Room
  • Wood Flooring
  • Basement

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Range with Range Hood
  • Warming Drawer
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • Double Vanity
  • Bidet
  • Bathtub with Shower
  • Double Shower
  • Steam Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Cabana
  • Filtered Pool
  • In Ground Pool
  • Gas Heated Pool
  • Fence Around Pool

Outdoor Features

  • Open Patio
  • Built-In Barbecue
  • Rain Gutters
  • Front Porch

Additional Homes

  • Detached Guest House

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Card or Code Access

Listing and Financial Details

  • Assessor Parcel Number 2420-017-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,456

Year Built

Built in 1946 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 4000
  • Lot Acreage: 0.3806
  • Lot Dimensions: 97x153
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1946
  • Number Of Photos: 55
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Basement, Beamed Ceiling(s), Bidet, Built-Ins, Detached/No Common Walls, High Ceilings (9 Feet+), Living Room Deck Attached, Open Floor Plan, Pre-wired for high speed Data, Pre-wired for surround sound, Storage Space, Track Lighting, Turnkey
  • Fireplace Rooms: Dining, Living Room, Master Bedroom
  • Flooring: Hardwood
  • Appliances: Built-In BBQ, Built-Ins, Double Oven, Gas, Range, Range Hood, Warmer Oven Drawer
  • Bedrooms: 4
  • Fireplaces: 3
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Multi-Level Bedroom, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Bidet, Double Shower, Double Vanity(s), Dual Entry (Jack & Jill) Bath, Fiberglass Shower Enclosure, Linen Closet, Remodeled, Shower and Tub, Shower Over Tub, Steam Shower, Sunken Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Dining Area, In Kitchen
  • Kitchen Features: Counter Top, Island, Open to Family Room, Remodeled, Skylight(s)
  • Laundry: Room, Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Barbeque, Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 798.75
  • Windows: Custom Window Covering, Drapes/Curtains, Skylights

Exterior Features

  • Direction Faces: South
  • Other Features: Barbecue Private, Double Door Entry, End Unit, French Doors, High Ceilings (9 Feet+), Rain Gutters, Sliding Glass Doors, Sprinkler System
  • Other Structures: GuestHouse, Cabana
  • Guest House: Detached
  • Patio: Deck(s), Living Room Deck Attached, Patio Open, Porch - Front
  • Pool Description: Fenced, Filtered, In Ground, Heated with Gas
  • Pool: Yes
  • Spa Yn: No
  • View: Mountains, Pool, Trees/Woods
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 2
  • Parking Garage: Carport Detached, Circular Driveway, Covered Parking, Door Opener, Driveway, Garage - 2 Car, Garage Is Attached
  • Total Parking: 2

Utilities

  • Water Heater: Gas, Tankless, Water Heater Unit
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Owned, Prewired for alarm system, Smoke Detector
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 2420-017-011
  • Lot Description: Automatic Gate, Back Yard, Fenced Yard
  • Lot Location: Cul-De-Sac, Private Road
  • Lot Size Area: 16578

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2024
Sold by
Lady Willow Trust and Marks Neal
Bought by
Candido Family Trust and Candido
Total Days on Market
63
Current Estimated Value
$2,996,005

Purchase Details

Listed on
Mar 16, 2023
Closed on
May 22, 2023
Sold by
Kristy L Swailes Revocable Trust
Bought by
Lady Willow Trust
Seller's Agent
Craig Strong
Compass
Buyer's Agent
Robert Lee Walters
Leland Properties
List Price
$3,295,000
Sold Price
$3,100,000
Premium/Discount to List
-$195,000
-5.92%
Views
652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.88%
Original Mortgage
$1,600,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2009
Sold by
Kane David R
Bought by
Swailes Kristy L and The Kristy L Swailes Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,888,000
Interest Rate
4.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2004
Sold by
Kane David R
Bought by
Kane David R and Furlan Deborah

Purchase Details

Closed on
Nov 18, 1997
Sold by
Silva Sandra A
Bought by
Kane David R and Furlan Deborah M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 22, 1995
Sold by
Silva John M
Bought by
Silva Sandra Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.88%

Range of Values:

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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
Candido Family Trust $2,710,000 Stewart Title
Lady Willow Trust $3,100,000 Ticor Title
Swailes Kristy L $1,888,000 California Title Company
Kane David R -- --
Kane David R -- --
Kane David R $350,000 First American Title Co
Silva Sandra Ann -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lady Willow Trust $1,600,000
Previous Owner Swailes Kristy L $1,888,000
Previous Owner Kane David R $640,000
Previous Owner Kane David R $250,000
Previous Owner Kane David R $800,000
Previous Owner Kane David R $200,000
Previous Owner Kane David R $1,081,500
Previous Owner Kane David R $75,000
Previous Owner Kane David R $165,000
Previous Owner Kane David R $1,035,000
Previous Owner Kane David R $60,000
Previous Owner Kane David R $75,000
Previous Owner Kane David R $641,250
Previous Owner Furlan Deborah M $239,000
Previous Owner Kane David R $119,000
Previous Owner Kane David R $35,000
Previous Owner Kane David R $280,000
Previous Owner Silva Sandra Ann $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $3,100,000 -3.0% $775 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
04/29/2023 04/29/23 Price Changed $3,195,000 -3.0% $799 / Sq Ft
03/28/2023 03/28/23 For Sale $3,295,000 0.0% $824 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $3,295,000 -- $824 / 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
2024 $38,456 $3,162,000 $1,683,000 $1,479,000
2023 $28,533 $2,342,428 $1,960,300 $382,128
2022 $27,199 $2,296,499 $1,921,863 $374,636
2021 $26,867 $2,251,471 $1,884,180 $367,291
2019 $26,057 $2,184,694 $1,828,296 $356,398
2018 $25,879 $2,141,858 $1,792,448 $349,410
2016 $24,746 $2,058,689 $1,722,846 $335,843
2015 $24,381 $2,027,767 $1,696,968 $330,799
2014 $24,452 $1,988,047 $1,663,727 $324,320
Source: Public Records

Agents Affiliated with this Home

  • Craig Strong

    Seller's Agent in 2023

    Craig Strong

    Compass

    (818) 987-9700

    98 in this area

    305 Total Sales

    Craig Strong
    Section Image
  • Robert Lee Walters

    Buyer's Agent in 2023

    Robert Lee Walters

    Leland Properties

    (818) 384-6004

    1 in this area

    23 Total Sales

    Robert Lee Walters
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-247165

The MLS

APN: 2420-017-011

California Los Angeles County Toluca Lake 91505 Toluca Lake

4724 1/2 Forman Ave, Toluca Lake, CA

Homes for Sale in Toluca Lake, CA

This home is located at 4724 1/2 Forman Ave, Toluca Lake, CA 91602 since 16 March 2023 and is currently estimated at $2,996,005, approximately $749 per square foot. This property was built in 1946. 4724 1/2 Forman 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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