NOT LISTED FOR SALE

7924 Woodman Ave Unit 8 Panorama City, CA 91402

Estimated Value: $500,095 - $524,000

2 Beds
2 Baths
1,077 Sq Ft
$325/mo HOA Fee

Last Sold November 04, 2021

Last sale price $424,000 $394 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,564/month

6 Days on Market

Highlights

  • No Units Above
  • Community Pool
  • Living Room
  • 2.08 Acre Lot
  • Balcony
  • Laundry Room

About This Home

As of November 2021

The perfect newly updated home to call your own! Come see this beautiful newly remodeled 2 bed/2 bath townhouse in the popular gated community of Taos West! With 20K worth of recent upgrades this place is full of charm and potential! Located on the second floor and convenient to shopping, restaurants, and public transportation this unit gives the next valley buyer options for fun and convenience among the city. Brand new white shaker cabinets and crystal white quartz countertops gives this kitchen a slice of modern elegance along with the new porcelain tile flooring and new stainless steel sink. These modern upgrades are open concept to the downstairs section that looks out into the living room space that boasts new laminate flooring with high ceilings and recessed lighting throughout. The perfect hosting space is this living room as it leads out toward an expansive patio that is perfect for bikes, breakfast with friends, and sunbathing in a hammock. The master bedroom is large while the second bedroom is the ideal office space or guest bedroom that features a brand new 10K sound proofing installation for the artist or business guru. Enjoy access to community laundry and 2 spot carport for easy parking as well as plenty of street parking for guests! The building was designed by famous actress Jane Russell in 1970 which echoes a relaxed Hollywood California style. See it for yourself and fall in love with you next home.

Last Agent to Sell the Property

Sunny Narang

Equity Union License #01966332 Listed on: 09/23/2021

Last Buyer's Agent

Tony Gafafyan

Keller Williams Realty-Los Feliz License #01824729

Keller Williams Realty-Los Feliz

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,447

Year Built

  • Built in 1971

Lot Details

  • No Units Above
  • Two or More Common Walls

HOA Fees

  • $325 Monthly HOA Fees

Interior Spaces

  • 1,077 Sq Ft Home
  • Living Room
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Earthquake Insurance Required
  • Tax Lot 1
  • Tax Tract Number 34560
  • Assessor Parcel Number 2214026047
  • $139 per year additional tax assessments

Community Details

Overview

  • 80 Units
  • Taos West Association, Phone Number (818) 907-6622
  • Ross Morgan HOA
  • Maintained Community

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,447

Year Built

Built in 1971

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2214026047
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1077.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 393.69
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Recreation Room, Earthquake Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Taos West
  • Phone: 818-907-6622
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Ross Morgan

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: 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: 139.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Oct 1, 2021
Sold by
Sherman Nikole Luebbe and Sherman Jacob Knox
Bought by
Papoian Vahan and Papoian Tamara
Seller's Agent
Sunny Narang
Equity Union
Buyer's Agent
Tony Gafafyan
Keller Williams Realty-Los Feliz
List Price
$419,000
Sold Price
$424,000
Premium/Discount to List
$5,000
1.19%
Current Estimated Value
$511,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,024
Avg. Annual Appreciation
5.05%
Original Mortgage
$360,400
Outstanding Balance
$330,440
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$180,584

Purchase Details

Listed on
Feb 1, 2021
Closed on
Apr 1, 2021
Sold by
Nanagyulyan Ophelia and Elkind Nanagyulyan Ophelia
Bought by
Sherman Nikole Luebbe and Sherman Jacob Knox
Seller's Agent
Nubar Garibyan
SoCal Real Estate Services
Buyer's Agent
Sunny Narang
Equity Union
List Price
$369,000
Sold Price
$405,000
Premium/Discount to List
$36,000
9.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$364,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 7, 2017
Closed on
Jan 3, 2018
Sold by
Minasyan Shake
Bought by
Elkind Nanaghulyan Ophelia and The Opehlla Elkind Nanagyulyna Revocable
Seller's Agent
Harry Sourenian
Forbes Real Estate
Buyer's Agent
Nubar Garibyan
List Price
$299,500
Sold Price
$300,000
Premium/Discount to List
$500
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
Aug 13, 2005
Sold by
Kechedzian Gevorg
Bought by
Minasyan Shake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2004
Sold by
Kechedzian Susanna
Bought by
Kechedziann Gevorg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2004
Sold by
Diaz Denise I
Bought by
Kechedziann Gevorg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2001
Sold by
Va
Bought by
Kaiser Craig M and Kaiser Lauri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 4, 2001
Sold by
Kaiser Craig M
Bought by
Diaz Denise I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,400
Interest Rate
6.88%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Papoian Vahan $424,000 Lawyers Title
Sherman Nikole Luebbe $405,000 Chicago Title Company
Elkind Nanaghulyan Ophelia $300,000 Equity Title Company
Minasyan Shake $285,000 Commonwealth Title
Kechedziann Gevorg -- United Title Company
Kechedziann Gevorg $220,000 United Title Company
Kaiser Craig M -- Old Republic Title Company
Diaz Denise I $120,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papoian Vahan $360,400
Previous Owner Sherman Nikole Luebbe $364,500
Previous Owner Minasyan Shake $228,000
Previous Owner Minasyan Shake $57,000
Previous Owner Kechedziann Gevorg $176,000
Previous Owner Diaz Denise I $10,787
Previous Owner Diaz Denise I $116,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $424,000 +1.2% $394 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $419,000 +3.5% $389 / Sq Ft
04/16/2021 04/16/21 Sold $405,000 +6.6% $376 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/02/2021 03/02/21 Price Changed $379,900 +3.0% $353 / Sq Ft
02/01/2021 02/01/21 For Sale $369,000 +23.0% $343 / Sq Ft
01/09/2018 01/09/18 Sold $300,000 +0.2% $279 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
12/07/2017 12/07/17 For Sale $299,500 -- $278 / 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 $5,447 $449,950 $283,766 $166,184
2024 $5,447 $441,128 $278,202 $162,926
2023 $5,342 $432,480 $272,748 $159,732
2022 $5,091 $424,000 $267,400 $156,600
2021 $3,847 $315,351 $161,985 $153,366
2020 $3,884 $312,119 $160,325 $151,794
2019 $3,732 $306,000 $157,182 $148,818
2018 $3,384 $273,000 $175,000 $98,000
2016 $3,090 $251,000 $161,000 $90,000
2015 $3,091 $251,000 $161,000 $90,000
2014 $1,777 $137,000 $87,900 $49,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB21204217

California Regional Multiple Listing Service (CRMLS)

APN: 2214-026-047