NOT LISTED FOR SALE

5315 Willis Ave Sherman Oaks, CA 91411

Estimated Value: $2,328,000 - $2,898,000

3 Beds
1 Bath
1,128 Sq Ft
$2,292/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2016

Last sale price $635,000 $563 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $15,897 / mo

7 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Den
  • Kester Avenue Elementary School Rated A
  • No HOA
  • Covered Patio or Porch

About This Home

As of August 2016

A fixer with incredible potential. Terrific location, layout and price for this great Sherman Oaks home. This home may be looking for a bit of help, but the bones are good for this 1950 year built 3 bedroom 1 bath home with a den. The large kitchen has a separate laundry room. The dining area leads to the beautiful den with an impressive picture window. The bedrooms are all ample sized. There is a lovely covered patio leading to the private, large rear yard which has fruit trees, bougainvilleas, lovely landscaping and even its own redwood tree. The very low price and very high potential create an opportunity not to be missed.

Last Agent to Sell the Property

Jim Cromie

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01091291 Listed on: 06/11/2016

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Last Buyer's Agent

Jim Cromie

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate License #01091291 Listed on: 06/11/2016

BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,764 Sq Ft Lot
  • East Facing Home
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,128 Sq Ft Home
  • Den
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Covered Patio or Porch
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 16756
  • Assessor Parcel Number 2249023015

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

6,764 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2249023015
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1128.00
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 562.94
  • Room Type: Den

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Individual Room
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Size Sq Ft: 6764.00
  • Price Per Lot Square Foot: 93.88

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 16756

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2018
Sold by
Davana Properties Llc
Bought by
Kim Benjamin C and Kim Eun H
Current Estimated Value
$2,585,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,500
Outstanding Balance
$1,112,548
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$1,473,156

Purchase Details

Closed on
Feb 2, 2018
Sold by
Avalyan Aram
Bought by
Davana Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,500
Outstanding Balance
$1,112,548
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$1,473,156

Purchase Details

Closed on
Dec 28, 2017
Sold by
Davana Properties Llc
Bought by
Avalyan Aram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
3.95%
Mortgage Type
Construction

Purchase Details

Listed on
Jun 11, 2016
Closed on
Sep 8, 2016
Sold by
Avalyan Aram
Bought by
Davana Properties Llc
Seller's Agent
Jim Cromie
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
Jim Cromie
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
List Price
$619,999
Sold Price
$635,000
Premium/Discount to List
$15,001
2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.49%

Purchase Details

Listed on
Jun 11, 2016
Closed on
Aug 11, 2016
Sold by
Aslanian Lidla
Bought by
Avalyan Aram
Seller's Agent
Jim Cromie
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
Jim Cromie
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
List Price
$619,999
Sold Price
$635,000
Premium/Discount to List
$15,001
2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,900
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2016
Closed on
Jun 27, 2016
Sold by
Wazney Jennifer B
Bought by
Avalyan Aram
Seller's Agent
Jim Cromie
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
Buyer's Agent
Jim Cromie
BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate
List Price
$619,999
Sold Price
$635,000
Premium/Discount to List
$15,001
2.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,900
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
Wazney Thomas Delano
Bought by
Wazney Thomas D and Thomas D Wazney Declaration Of Trust

Purchase Details

Closed on
Nov 8, 1999
Sold by
Wasney Albert
Bought by
Wazney Thomas Delano and Wazney Lorraine L

Purchase Details

Closed on
Oct 20, 1999
Sold by
Marie Wazney Trust and Albert
Bought by
Wazney Thomas Delano and Wazney Lorraine L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Kim Benjamin C $1,865,000 Chicago Title Company
Davana Properties Llc -- Accommodation
Avalyan Aram -- Orange Coast Title Company
Avalyan Aram -- Orange Coast Title Company
Davana Properties Llc -- None Available
Avalyan Aram -- Chicago Title Co
Avalyan Aram $635,000 Chicago Title Co
Wazney Thomas D -- --
Wazney Thomas Delano -- --
Wazney Thomas Delano -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Kim Benjamin C $1,305,500
Previous Owner Avalyan Aram $875,000
Previous Owner Avalyan Aram $469,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2016 08/18/16 Sold $635,000 +2.4% $563 / Sq Ft
06/18/2016 06/18/16 Pending -- -- --
06/18/2016 06/18/16 For Sale $619,999 0.0% $550 / Sq Ft
06/11/2016 06/11/16 For Sale $619,999 -- $550 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $25,286 $2,122,047 $1,274,366 $847,681
2024 $25,286 $2,080,439 $1,249,379 $831,060
2023 $24,790 $2,039,647 $1,224,882 $814,765
2022 $23,627 $1,999,655 $1,200,865 $798,790
2021 $23,331 $1,960,447 $1,177,319 $783,128
2019 $22,624 $1,902,300 $1,142,400 $759,900
2018 $7,951 $651,780 $651,780 $0
2016 $899 $64,148 $32,074 $32,074
2015 $888 $63,186 $31,593 $31,593
2014 $901 $61,950 $30,975 $30,975
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jim Cromie

    BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate

    (818) 845-8322

    9 Total Sales

    Jim Cromie
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB16126437

California Regional Multiple Listing Service (CRMLS)

APN: 2249-023-015

California Los Angeles County Sherman Oaks 91411

5315 Willis Ave, Sherman Oaks, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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