NOT LISTED FOR SALE

5017 Ledge Ave North Hollywood, CA 91601

Toluca Lake Neighborhood

Estimated Value: $1,207,000 - $1,467,000

2 Beds
2 Baths
1,339 Sq Ft
$992/Sq Ft Est. Value

Last Sold June 24, 2015

Last sale price $751,910 $562 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $8,087/month

9 Days on Market

Highlights

  • Wood Flooring
  • Den
  • 2 Car Attached Garage
  • Southwestern Architecture
  • Covered Patio or Porch
  • Laundry Room

About This Home

As of June 2015

Picture perfect, Toluca Woods home with two bedrooms, one and three-quarters bathrooms, and a convertible den that can be used as a 3rd bedroom. The property has a wonderful courtyard entrance, rear covered brick patio and grassy back yard. The Eat-In Kitchen has been remodeled with new cabinetry, Silestone quartz countertops, stainless steel appliances and new flooring. Wood floors are found in most of the home, and the dining room has the nostalgia of wainscoting, while the ample sized living room, has the comfort of a gas burning fireplace. The bathrooms have also been updated and there is central air and heat. Near the studios, NOHO and Burbank, this is a very sweet and centrally located home and neighborhood.

Last Agent to Sell the Property

Whit Prouty

Compass License #01303275 Listed on: 05/13/2015

Compass

Last Buyer's Agent

Liz Milan

License #01138271

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,901

Year Built

  • Built in 1940

Lot Details

  • 6,890 Sq Ft Lot
  • Lot Dimensions are 50x137
  • Property is zoned LAR1

Home Design

  • Southwestern Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,339 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laundry Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2419-023-009

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,901

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Southwestern
  • Street Number Display: Yes
  • Advertising Remarks: Picture perfect, Toluca Woods home with two bedrooms, one and three-quarters bathrooms, and a convertible den that can be used as a 3rd bedroom. The property has a wonderful courtyard entrance, rear covered brick patio and grassy back yard. The Eat-In Kitchen has been remodeled with new cabinetry, Silestone quartz countertops, stainless steel appliances and new flooring. Wood floors are found in most of the home, and the dining room has the nostalgia of wainscoting, while the ample sized living room, has the comfort of a gas burning fireplace. The bathrooms have also been updated and there is central air and heat. Near the studios, NOHO and Burbank, this is a very sweet and centrally located home and neighborhood.
  • Living Area: 1339
  • Lot Dimensions: 50x137
  • Stories: 1
  • Year Built: 1940
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Ceramic Tile, Hardwood, Mixed, Vinyl
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 522.03

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Brick, Covered Porch
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage, Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 2419-023-009
  • Geocode Override: No
  • Lot Size Area: 6890

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2015
Closed on
May 22, 2015
Sold by
Demarco Louis J
Bought by
Maclean Kevin
Seller's Agent
Whit Prouty
Compass
Buyer's Agent
Liz Milan
List Price
$699,000
Sold Price
$751,910
Premium/Discount to List
$52,910
7.57%
Current Estimated Value
$1,327,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,792
Avg. Annual Appreciation
5.73%
Original Mortgage
$601,500
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2007
Sold by
Demarco Louis J and Demarco Kelli L
Bought by
Demarco Louis J

Purchase Details

Closed on
Dec 7, 2001
Sold by
Demarco Louis and Demarco Kelli
Bought by
Demarco Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 29, 1997
Sold by
Mathis Helen M and Mathis Harvey D
Bought by
Demarco Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,000
Interest Rate
7.49%

Purchase Details

Closed on
Mar 25, 1996
Sold by
Mathis Harvey D
Bought by
Mathis Harvey D and Mathis Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.04%

Purchase Details

Closed on
Feb 16, 1996
Sold by
Mathis Harvey D and Mayer Helen M
Bought by
Mathis Harvey D and Mathis Helen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
7.04%
Source: Public Records

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
Maclean Kevin $752,000 Equity Title Company
Demarco Louis J -- None Available
Demarco Louis -- New Century Title
Demarco Louis $232,500 Progressive Title Company
Mathis Harvey D -- --
Mathis Harvey D -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maclean Kevin $542,300
Closed Maclean Kevin $601,500
Previous Owner Demarco Louis J $182,000
Previous Owner Demarco Louis J $184,200
Previous Owner Demarco Louis J $50,000
Previous Owner Demarco Louis $202,000
Previous Owner Demarco Louis $100,000
Previous Owner Demarco Louis $204,000
Previous Owner Demarco Louis $25,000
Previous Owner Demarco Louis $209,000
Previous Owner Mathis Harvey D $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2015 06/24/15 Sold $751,910 +7.6% $562 / Sq Ft
05/13/2015 05/13/15 For Sale $699,000 -- $522 / 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 $10,901 $903,659 $722,907 $180,752
2024 $10,901 $885,941 $708,733 $177,208
2023 $10,690 $868,571 $694,837 $173,734
2022 $10,191 $851,541 $681,213 $170,328
2021 $10,068 $834,845 $667,856 $166,989
2019 $9,766 $810,085 $648,048 $162,037
2018 $9,668 $794,202 $635,342 $158,860
2016 $9,243 $763,365 $610,672 $152,693
2015 $3,744 $308,883 $123,552 $185,331
2014 $3,762 $302,833 $121,132 $181,701
Source: Public Records

Agents Affiliated with this Home

  • Whit Prouty

    Seller's Agent in 2015

    Whit Prouty

    Compass

    (310) 962-6942

    54 Total Sales

    Whit Prouty
    Section Image

  • L

    Buyer's Agent in 2015

    Liz Milan

    Section Image
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Map

Source: The MLS

MLS Number: 15-904877

The MLS

APN: 2419-023-009

California Los Angeles County North Hollywood 91505 Toluca Lake

5017 Ledge Ave, North Hollywood, CA

This home is located at 5017 Ledge Ave, North Hollywood, CA 91601 since 13 May 2015 and is currently estimated at $1,327,702, approximately $991 per square foot. This property was built in 1940. 5017 Ledge 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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