$822,500
SOLD JUL 18, 2019

5314 Willis Ave Sherman Oaks, CA 91411

2 Beds
2 Baths
1,382 Sq Ft
6,705 Sq Ft Lot

Recently Sold

$595 Per Sq Ft

3% Above List Price

8 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Cooling Available
  • Kester Avenue Elementary School Rated A-
  • Eat-In Kitchen
  • Living Room

About This Home

As of July 2020

Attention savvy home buyers! Limited time offering in Sherman Oaks. Priced to sell, this cosmetic fixer gives you the opportunity to customize your own slice of heaven. Bring your personal style and vision to this single-story, 1382 sqft, two bedroom, two bathroom diamond in the rough that has all the elements to become a major winner. Unique floor plan has formal living and dining room at the front, plus a step-down family room in the back with cozy fireplace and French doors overlooking the private, gated yard. Galley-style kitchen is perfect for any type of chef. Large master suite has additional sitting area plus a spacious bathroom with an over-sized Jacuzzi tub. Situated on a 6705 sqft lot with detached, two-car garage, mature trees and new landscaping, there is unlimited potential to make this a wonderful home.

Last Agent to Sell the Property

David Spangler

Pinnacle Estate Properties, Inc. License #01325704 Listed on: 05/23/2019

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

David Spangler

The Address Inc. License #01325704

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,721

Year Built

  • Built in 1950

Lot Details

  • 6,705 Sq Ft Lot
  • Fenced
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,382 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 11558
  • Assessor Parcel Number 2249018018

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,721

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Text Message
  • Other Phone Number: 8184021989
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2249018018
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1382.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 595.15
  • Room Type: Family Room, Living Room, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • Fence: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6705.00
  • Lot Size Acres: 0.1539

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6705.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 11558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jul 1, 2020
Sold by
Cohen Brothers Developers Llc
Bought by
Manchanda Rishi and Sayana Shilpa
Seller's Agent
Rosalyne Cohen
Beverly and Company, Inc.
List Price
$2,299,000
Sold Price
$2,225,000
Premium/Discount to List
-$74,000
-3.22%
Current Estimated Value
$2,938,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,281
Avg. Annual Appreciation
5.50%
Original Mortgage
$1,780,000
Outstanding Balance
$1,556,122
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,382,160

Purchase Details

Listed on
Jun 8, 2020
Closed on
Jun 3, 2020
Sold by
Cohen Yezhar and Cohen Rosalyne
Bought by
Cohen Brothers Developers Llc
Seller's Agent
Rosalyne Cohen
Beverly and Company, Inc.
List Price
$2,299,000
Sold Price
$2,225,000
Premium/Discount to List
-$74,000
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,780,000
Outstanding Balance
$1,556,122
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,382,160

Purchase Details

Listed on
May 23, 2019
Closed on
Jun 5, 2019
Sold by
Magnum Property Investments Llc
Bought by
Cohen Yezhar and Cohen Rosalyne
Seller's Agent
David Spangler
Pinnacle Estate Properties, Inc.
Buyer's Agent
David Spangler
The Address Inc.
List Price
$800,000
Sold Price
$822,500
Premium/Discount to List
$22,500
2.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.86%
Original Mortgage
$658,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2018
Sold by
Leong Georgianne Mary
Bought by
Magnum Property Investments Llc

Purchase Details

Closed on
Jun 27, 2002
Sold by
Barr Herbert Joseph
Bought by
Leong Georgianne Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.7%
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 Type Sale Price Title Company
Grant Deed $2,225,000 Stewart Title Of Ca Inc
Interfamily Deed Transfer -- Stewart Title Company
Grant Deed $822,500 Fidelity National Title
Trustee Deed $670,000 None Available
Individual Deed $325,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,780,000 New Conventional
Previous Owner $658,000 New Conventional
Previous Owner $260,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $2,225,000 -3.2% $558 / Sq Ft
06/08/2020 06/08/20 For Sale $2,299,000 +3.3% $577 / Sq Ft
05/28/2020 05/28/20 Off Market $2,225,000 -- --
07/18/2019 07/18/19 Sold $822,500 +2.8% $595 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $800,000 -- $579 / 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 $28,721 $2,408,410 $1,445,046 $963,364
2024 $28,721 $2,361,187 $1,416,712 $944,475
2023 $28,159 $2,314,890 $1,388,934 $925,956
2022 $26,838 $2,269,500 $1,361,700 $907,800
2021 $26,511 $2,225,000 $1,335,000 $890,000
2020 $10,180 $822,500 $658,000 $164,500
2019 $502 $776,000 $676,000 $100,000
2018 $5,034 $413,675 $316,053 $97,622
2016 $4,801 $397,613 $303,781 $93,832
2015 $4,730 $391,641 $299,218 $92,423
2014 $4,751 $383,970 $293,357 $90,613
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19121250

California Regional Multiple Listing Service (CRMLS)

APN: 2249-018-018