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4835 Forman Avenue

4835 Forman Avenue, North Hollywood, CA 91601
Sold May 25, 2021
$1,375,000
$1,031,250 by Morgan Stanley Private Bank Na
Mortgage Due Jun 01, 2051
Sold Sep 16, 2020
$1,225,000
$918,750 by First Republic Bank
Mortgage Due Oct 01, 2050
4835 Forman Avenue has been categorized by the local assessors in North Hollywood, CA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1943. The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4835 Forman Avenue has 1,513 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 450 ft. The area measurement of the land has been determined as 5,628 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 3, 2021 for $1,375,000. That's $908.79 per sqft. Prior to that sales transaction, the property was also sold in Sep 8, 2020 for $1,225,000. 4835 Forman Avenue was last assessed in 2023. The total value of the property was assessed at $1,430,550. Specifically, the land the property is located on was valued at $1,170,450. While improvements on the property were assessed at a total of $260,100. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $16,618. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1943
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,628
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,513
  • Building Area: 1,513
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,513
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9622
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 9622 LOT/SEC 27

Ownership

  • Current Owner : GAMELIN ERICK CLAUDE
  • Current Owner 2: GAMELIN LAURENCE ISABELLE
  • Previous Owner : APGAR FREDERICK C
  • Previous Owner 2: CHADWICK KATHERINE M
  • Owner Before Previous Owner: MCFARLAND DOUGLAS
  • Owner Before Previous Owner 2: FULTZ ASHLEY E
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 125600

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 24-A2
  • Subdivision Tract Number: 9622
  • Parcel: 2420-016-021
  • Lot: 27
  • Municipality: NORTH /BURBANK
  • Latitude: 34.1588
  • Longitude: -118.353

    Address

  • Full Address: 4835 Forman Ave
  • Address - House Number: 4835
  • Address - Street Name: Forman
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: North Hollywood
  • Carrier Code: C026
  • 4-Digit Zip Code: 4823
  • Zip Code: 91601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,618
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,582,044
  • High Value: 1,943,645
  • Low Value: 1,220,443

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,031,250
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: May 25, 2021
  • First Open Lien Mortgage Loan Amount: $1,031,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,430,550
  • Assessed Land Value: $1,170,450
  • Assessed Improvements Value: $260,100

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Transaction ID: 11836244101
  • Current Sale Price: $1,375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0838539
  • Previous Sale Recording Date: Sep 16, 2020
  • Previous Sale Contract Date: Sep 08, 2020
  • Previous Sale Amount: $1,225,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Mortgage Transaction Date: May 25, 2021
  • First Mortgage Loan Amount: $1,031,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Sep 16, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $918,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 4835 Forman Avenue located in?
The 4835 Forman Avenue is a house located in the neighborhood of Greater Toluca Lake in South Valley, North Hollywood.
What is the average sales price for listings in 4835 Forman Avenue?
The average sales price for units in 4835 Forman Avenue is $0 currently.

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