NOT LISTED FOR SALE

7924 Woodman Ave Unit 74 Panorama City, CA 91402

Estimated Value: $508,000 - $540,000

2 Beds
2 Baths
1,117 Sq Ft
$325/mo HOA Fee

Last Sold March 04, 2022

Last sale price $445,000 $398 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,638/month

9 Days on Market

Highlights

  • 2.08 Acre Lot
  • Laundry Room
  • Central Heating and Cooling System
  • Community Pool

About This Home

As of March 2022

Welcome to this charming condominium that is ready to become your dream space! open living space and split level is perfect for entertaining. Bedrooms are located in the back of the unit for privacy. Condo is situated on the first floor with a nice private patio area. HOA covers the pool, spa, and event room in the community. This property will go quick come in early and ready to go!

Last Agent to Sell the Property

Andy Petrosyan

Centurymax Realty License #01317968 Listed on: 01/25/2022

Last Buyer's Agent

Araks Tomasian

Magic Realty License #01005760

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,628

Year Built

  • Built in 1971

Lot Details

  • 2.08

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • 1,117 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34560
  • Assessor Parcel Number 2214026113
  • $141 per year additional tax assessments

Community Details

Overview

  • 80 Units
  • Ross Morgan Association, Phone Number (818) 907-6622
  • Ross Morgan And Compnay HOA
  • Valley

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,628

Year Built

Built in 1971

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 8184504450
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2214026113
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1117.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 398.39
  • Room Type: Kitchen

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Ross Morgan
  • Phone: 818) 907-6622
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Valley
  • Association Management: Ross Morgan and Compnay

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 90645.00
  • Lot Size Acres: 2.0809

Multi Family

  • Lease Considered: No
  • Lot Size Area: 90645.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 80

Tax Info

  • Tax Census Tract: 1204.00
  • Tax Lot: 1
  • Tax Tract Number: 34560
  • TaxOtherAnnualAssessmentAmount: 141.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2022
Closed on
Feb 10, 2022
Sold by
Vitaly Mekk
Bought by
Markarian Rose
Seller's Agent
Andy Petrosyan
Centurymax Realty
Buyer's Agent
Araks Tomasian
Magic Realty
List Price
$450,000
Sold Price
$445,000
Premium/Discount to List
-$5,000
-1.11%
Current Estimated Value
$521,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,986
Avg. Annual Appreciation
4.72%
Original Mortgage
$356,000
Outstanding Balance
$332,360
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$189,626

Purchase Details

Closed on
Sep 28, 2017
Sold by
Mekk Vitaly
Bought by
Mekk Vitaly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2013
Closed on
May 19, 2014
Sold by
Risbay Dilyara
Bought by
Mekhonoshin Vitaly
Seller's Agent
Katie Oganesova
Fair Realty
Buyer's Agent
Ignat Stepanenko
Stepanenko Ignat
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.77%
Original Mortgage
$180,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2013
Closed on
Apr 21, 2014
Sold by
Rayne Tyler
Bought by
Mekhonoshin Vitaly
Seller's Agent
Katie Oganesova
Fair Realty
Buyer's Agent
Ignat Stepanenko
Stepanenko Ignat
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2013
Closed on
Mar 11, 2014
Sold by
Petrov Alexander
Bought by
Petrov Olga
Seller's Agent
Katie Oganesova
Fair Realty
Buyer's Agent
Ignat Stepanenko
Stepanenko Ignat
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2013
Closed on
Mar 7, 2014
Sold by
Sulla Olga
Bought by
Rayne Tyler
Seller's Agent
Katie Oganesova
Fair Realty
Buyer's Agent
Ignat Stepanenko
Stepanenko Ignat
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2005
Sold by
Sulla Dmitriy
Bought by
Sulla Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 5, 2005
Sold by
Jauregui Elo Ana Maria
Bought by
Sulla Olga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 5, 2004
Sold by
Sulcer James
Bought by
Elo Tibor and Jauregui Elo Ana Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2001
Sold by
Wu Mary
Bought by
Sulcer James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
11.99%

Purchase Details

Closed on
Oct 12, 1999
Sold by
Wu George
Bought by
Wu Mary

Purchase Details

Closed on
Aug 9, 1993
Sold by
Wu Kuang Ling
Bought by
Wu George
Source: Public Records

Range of Values:

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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
Markarian Rose $445,000 Priority Title
Mekk Vitaly -- None Available
Mekk Vitaly -- Ortc
Mekhonoshin Vitaly -- Title 365
Mekhonoshin Vitaly $225,000 Title 365
Petrov Olga -- Nations Title Company Of Ca
Rayne Tyler $180,000 Nations Title Company Of Ca
Sulla Olga -- Old Republic Title
Sulla Olga -- Old Republic Title
Elo Tibor $185,000 Ticor Gln
Sulcer James $108,000 Stewart Title
Wu Mary -- --
Wu George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Markarian Rose $356,000
Previous Owner Mekk Vitaly $190,000
Previous Owner Mekhonoshin Vitaly $180,000
Previous Owner Rayne Tyler $180,000
Previous Owner Jauregui Elo Ana Maria $58,000
Previous Owner Sulla Olga $232,000
Previous Owner Sulla Olga $232,000
Previous Owner Jauregui Elo Ana Maria $232,000
Previous Owner Elo Tibor $190,000
Previous Owner Elo Tibor $148,000
Previous Owner Sulcer James $7,965
Previous Owner Sulcer James $114,750
Previous Owner Sulcer James $8,400
Previous Owner Sulcer James $97,200
Closed Sulcer James $5,400
Closed Elo Tibor $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $445,000 -1.1% $398 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/25/2022 01/25/22 For Sale $450,000 +150.0% $403 / Sq Ft
03/21/2014 03/21/14 Sold $180,000 -4.8% $161 / Sq Ft
10/24/2013 10/24/13 Pending -- -- --
10/17/2013 10/17/13 For Sale $189,000 -- $169 / 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 $5,628 $472,235 $267,635 $204,600
2024 $5,628 $462,977 $262,388 $200,589
2023 $5,518 $453,900 $257,244 $196,656
2022 $3,100 $259,902 $105,231 $154,671
2021 $3,056 $254,807 $103,168 $151,639
2019 $2,962 $247,252 $100,109 $147,143
2018 $2,937 $242,405 $98,147 $144,258
2016 $2,794 $232,994 $94,337 $138,657
2015 $2,753 $229,495 $92,920 $136,575
2014 $1,377 $111,000 $71,300 $39,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22014824

California Regional Multiple Listing Service (CRMLS)

APN: 2214-026-113