NOT LISTED FOR SALE

724 Forest Green Dr La Canada Flintridge, CA 91011

Estimated Value: $4,932,188 - $6,279,000

5 Beds
5.5 Baths
5,705 Sq Ft
$977/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $4,600,000 $806 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $33,889/month

34 Days on Market

Highlights

  • Ocean View
  • Golf Course Community
  • In Ground Pool
  • Palm Crest Elementary School Rated A+
  • Home Theater
  • Primary Bedroom Suite

About This Home

As of October 2019

Welcome to the Ultimate Luxury Living and Entertainer’s Delight in the coveted Greenridge Estates at the La Canada Flintridge Country Club. This Impeccable Custom built home showcases 4 in-suite bedrooms upstairs, 1 in-suite bedroom downstairs and an Impressive Grand Office. The estate was Completely Redone in 2018 and every detail was meticulously and quality crafted. Double door entry opens into Majestic stairways with soaring ceilings. Entertain friends and love ones in Grand style and create beautiful memories in the Elegant and Exquisite high ceiling Living room. Chefs delight Gourmet Kitchen, All New Thermador Stainless Steel appliances, will add pleasure and glamor when Entertaining. The Sophisticated and Grand Family Living room is where you can entertain family and friends in style, create laughter and beautiful memories. Enjoy and appreciate the Spectacular views through the expansive windows overlooking Downtown to the Ocean and beyond. Let the Amazing and Mesmerizing endless views from the relaxing pool ease your daily worries away. The Grand Master bedroom has a cozy elevated seating area, oversized dual shower, dual sink, and a relaxing jet tub. The home is located on one of the most Premium and Desirable lot in Greenridge Estate. Truly a Magnificent Home! Ideally and Perfectly Redone for your Enjoyment!

Last Agent to Sell the Property

Merry Santoso

Compass License #01926695 Listed on: 08/29/2019

Compass

Last Buyer's Agent

NORVAN ZARGARIAN

Engel & Völkers Pasadena License #01915048

Engel & Völkers Pasadena

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,321

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 0.37 Acre Lot
  • Landscaped
  • Sprinklers Throughout Yard
  • Lawn
  • Garden
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • 5817-036-018
  • Property is zoned LFR115000*

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Three Garage Doors
  • Driveway Up Slope From Street

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Golf Course
  • Woods

Home Design

  • Turnkey

Interior Spaces

  • 5,705 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Dual Staircase
  • Bar
  • Crown Molding
  • Two Story Ceilings
  • Recessed Lighting
  • Double Door Entry
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Storage

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Convection Oven
  • Gas Oven
  • Six Burner Stove
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Self-Closing Drawers

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Exterior Lighting

Utilities

  • Two cooling system units
  • High Efficiency Air Conditioning
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 72
  • Tax Tract Number 33531
  • Assessor Parcel Number 5817036007

Community Details

Overview

  • Greenridge Association, Phone Number (626) 967-7921
  • Lordon HOA

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,321

Year Built

Built in 1989 | Remodeled

Lot Details

0

HOA Fees

$185 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: All brand new Thermador Stainless Steel appliances
  • Other Phone Number: 949-395-8889
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: Yes
  • Zoning: LFR115000*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5817036007
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 5705.00 Square Feet
  • Interior Amenities: 2 Staircases, Bar, Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Stone Counters, Storage, Sunken Living Room, Two Story Ceilings, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Double Door Entry
  • Eating Area: Area, Breakfast Counter / Bar, Family Kitchen, Dining Room, In Kitchen, Separated
  • Fireplace Features: Family Room, Library, Living Room, Master Bedroom
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 806.31
  • Room Type: Family Room, Formal Entry, Great Room, Kitchen, Laundry, Library, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Separate Family Room, Walk-In Closet
  • Spa Features: Private, In Ground
  • Bathroom Features: Bathtub, Bidet, Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Jetted Tub, Privacy Toilet Door, Remodeled, Separate Tub And Shower, Soaking Tub, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Remodeled Kitchen, Self-Closing Drawers, Stone Counters

Exterior Features

  • View: City Lights, Golf Course, Ocean, Panoramic, Trees/Woods
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Direct Garage Access, Driveway, Concrete, Driveway Up Slope From Street, Garage - Three Door, Private
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, Double Oven, Freezer, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual, Electric, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Association Name: Greenridge
  • Phone: 626-967-7921
  • Senior Community: No
  • Community Features: Golf, Sidewalks, Street Lights
  • Association Management: Lordon

Schools

  • School District: La Canada Unified

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 5817-036-018
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Garden, Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side
  • Lot Size Sq Ft: 16060.00
  • Lot Size Acres: 0.3687

Multi Family

  • Lease Considered: No
  • Lot Size Area: 16060.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4605.01
  • Tax Lot: 72
  • Tax Tract Number: 33531

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2020
Sold by
Arzoumanian Arineh
Bought by
Derboghossians Armen
Current Estimated Value
$5,574,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$667,393
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,906,904

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 6, 2019
Sold by
Grenhill Investment Corporration
Bought by
Derboghossians Armen
Seller's Agent
Merry Santoso
Compass
Buyer's Agent
NORVAN ZARGARIAN
Engel & Völkers Pasadena
List Price
$4,799,000
Sold Price
$4,600,000
Premium/Discount to List
-$199,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%

Purchase Details

Closed on
Jul 17, 2015
Sold by
Grenhill Development Corporation
Bought by
Greenhill Investment Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
3.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 16, 2015
Sold by
Breco Investments Ltd
Bought by
Grenhill Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,040,000
Interest Rate
3.98%
Mortgage Type
Credit Line Revolving
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
Derboghossians Armen -- Mortgage Connect Lp
Derboghossians Armen $4,600,000 Fidelity National Title Co
Greenhill Investment Corporation -- Western Resources Title
Grenhill Development Corporation -- Western Resources Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Derboghossians Armen $750,000
Previous Owner Greenhill Investment Corporation $2,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2019 10/31/19 Sold $4,600,000 -4.1% $806 / Sq Ft
10/02/2019 10/02/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $4,799,000 -- $841 / 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 $54,321 $4,976,087 $3,280,937 $1,695,150
2024 $54,321 $4,878,517 $3,216,605 $1,661,912
2023 $53,098 $4,782,861 $3,153,535 $1,629,326
2022 $51,085 $4,689,080 $3,091,701 $1,597,379
2021 $50,344 $4,597,138 $3,031,080 $1,566,058
2020 $49,716 $4,550,000 $3,000,000 $1,550,000
2019 $16,146 $1,391,313 $590,253 $801,060
2018 $15,745 $1,364,033 $578,680 $785,353
2016 $15,243 $1,311,067 $556,210 $754,857
2015 $13,944 $1,180,214 $497,093 $683,121
2014 -- $1,157,096 $487,356 $669,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19206770

California Regional Multiple Listing Service (CRMLS)

APN: 5817-036-007