NOT LISTED FOR SALE

5421 Willis Ave Sherman Oaks, CA 91411

Estimated Value: $1,189,000 - $1,322,000

3 Beds
2 Baths
1,600 Sq Ft
$790/Sq Ft Est. Value

Last Sold September 18, 2014

Last sale price $690,000 $431 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,404/month

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Central Heating and Cooling System
  • Kester Avenue Elementary School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2014

Charming upgraded home in a desirable neighborhood of Sherman Oaks! 3 bedroom plus 2 bath and detached sound studio. Large open living room with hardwood floors and dining area. Spacious den with french doors leading out to back yard with grassy yard with fruit trees. Remodeled kitchen with granite counters, cabinets and pantry. An additional 500 square foot approx has been added and includes a master suite with 24 feet of built-in closets, additional bedroom and patio. More improvements include-newer paint inside/out, updated electrical, roof, some windows have been updated, recessed lights, copper plumbing. Garage has been converted to sound studio and subsequently off street parking is provided behind electric gate. Award-winning Kester Elementary

Last Agent to Rent the Property

Alison MacCracken

Compass License #01920182 Listed on: 09/19/2014

Compass

Last Renter's Agent

Alison MacCracken

Compass License #01920182 Listed on: 09/19/2014

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,250 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $7,000
  • Month-to-Month Lease Term
  • Assessor Parcel Number 2249-026-008

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Rental Info

  • Security Deposit: 7000

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Single Family
  • Street Number Display: Yes
  • Complex Name: none
  • Entry Floor: 0
  • Lease Terms: Month To Month
  • Living Area: 1600
  • Stories: 1
  • Year Built: 1950
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 1.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 2249-026-008
  • Geocode Override: No
  • Lot Size Area: 6250

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2019
Sold by
Lenard Daniel R and Lenard Marcy Katzman
Bought by
Lenard Daniel Robert and Lenard Marcy Katzman
Current Estimated Value
$1,263,574

Purchase Details

Closed on
Apr 24, 2017
Sold by
Lenard Daniel
Bought by
Lenard Daniel R and Lenard Marcy Katzman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$250,258
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$1,013,316

Purchase Details

Listed on
Jul 10, 2014
Closed on
Aug 25, 2014
Sold by
Rossi Richard
Bought by
Lenard Daniel R and Lenard Marcy Katzman
Seller's Agent
David Hitt
Redfin
Buyer's Agent
Alison MacCracken
Compass
List Price
$729,000
Sold Price
$690,000
Premium/Discount to List
-$39,000
-5.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.47%

Purchase Details

Closed on
Jul 2, 2003
Sold by
Rossi Richard and Downs Rebecca
Bought by
Rossi Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2002
Sold by
Rossi Richard and Downs Rebecca
Bought by
Rossi Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.96%

Purchase Details

Closed on
Apr 11, 2002
Sold by
Vartazarian Razmik and Vartazarian Janette
Bought by
Rossi Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lenard Daniel Robert -- None Available
Lenard Daniel R -- Title 365 Company
Lenard Daniel -- Title365 Company
Lenard Daniel R $690,000 First American Title
Rossi Richard -- Ticor Title Company
Rossi Richard -- Landsafe Title Co
Rossi Richard E $305,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lenard Daniel $300,000
Previous Owner Rossi Richard $244,000
Previous Owner Rossi Richard $244,000
Previous Owner Rossi Richard E $244,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2014 10/30/14 Rented $3,000 -14.3% --
10/30/2014 10/30/14 Under Contract -- -- --
09/19/2014 09/19/14 For Rent $3,500 0.0% --
09/18/2014 09/18/14 Sold $690,000 -1.3% $431 / Sq Ft View Prior Sale
08/03/2014 08/03/14 Price Changed $699,000 -4.1% $437 / Sq Ft
07/10/2014 07/10/14 For Sale $729,000 -- $456 / 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 $10,110 $836,986 $591,908 $245,078
2024 $10,110 $820,575 $580,302 $240,273
2023 $9,914 $804,486 $568,924 $235,562
2022 $9,452 $788,713 $557,769 $230,944
2021 $9,334 $773,249 $546,833 $226,416
2019 $9,055 $750,315 $530,614 $219,701
2018 $8,975 $735,604 $520,210 $215,394
2017 $8,698 $714,531 $510,010 $204,521
2016 $8,478 $700,521 $500,010 $200,511
2015 $8,354 $690,000 $492,500 $197,500
2014 $4,534 $367,548 $283,557 $83,991
Source: Public Records

Agents Affiliated with this Home

  • Alison MacCracken

    Landlord's Agent in 2014

    Alison MacCracken

    Compass

    (310) 481-6262

    1 in this area

    33 Total Sales

    Alison MacCracken
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Map

Source: The MLS

MLS Number: 14-795433

The MLS

APN: 2249-026-008

California Los Angeles County Sherman Oaks 91411

5421 Willis Ave, Sherman Oaks, CA

Not Listed for Sale

Detached

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