NOT LISTED FOR SALE

7960 Willis Ave Unit 2 Panorama City, CA 91402

Estimated Value: $1,092,000 - $1,644,000

8 Beds
4 Baths
3,190 Sq Ft
$403/Sq Ft Est. Value

About This Home

This home is located at 7960 Willis Ave Unit 2, Panorama City, CA 91402 and is currently estimated at $1,286,048, approximately $403 per square foot. 7960 Willis Ave Unit 2 is a home located in Los Angeles County with nearby schools including Michelle Obama Elementary, Vista Middle School, and Panorama High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2020
Sold by
Salib George A
Bought by
Kmk Properties Llc
Current Estimated Value
$1,286,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$687,230
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$598,818

Purchase Details

Closed on
Sep 3, 2019
Sold by
Kmk Properties Llc
Bought by
Salib George A and Escander Joana F

Purchase Details

Closed on
Jul 9, 2018
Sold by
Salib George A
Bought by
Kmk Properties Llc

Purchase Details

Closed on
Oct 12, 2015
Sold by
Cabrera Luis R
Bought by
Salib George A and Escander Joana F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2004
Sold by
Manuel Hipolio
Bought by
Cabrera Lily Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2004
Sold by
Campos Pablo and Campos Eva
Bought by
Cabrera Luis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Kmk Properties Llc -- Lawyers Title
Salib George A -- Lawyers Title Company
Salib George A -- Accommodation
Kmk Properties Llc -- None Available
Salib George A $682,000 First American Title
Cabrera Lily Josefina -- Fidelity National Title Co
Cabrera Luis R $350,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salib George A $750,000
Previous Owner Salib George A $500,000
Previous Owner Cabrera Luis R $288,000
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 $12,271 $984,276 $590,566 $393,710
2024 $12,271 $964,978 $578,987 $385,991
2023 $12,041 $946,058 $567,635 $378,423
2022 $11,497 $927,508 $556,505 $371,003
2021 $11,349 $909,323 $545,594 $363,729
2020 $9,517 $738,216 $442,713 $295,503
2019 $9,157 $723,742 $434,033 $289,709
2018 $8,988 $709,552 $425,523 $284,029
2016 $5,460 $420,356 $192,163 $228,193
2015 $5,385 $414,043 $189,277 $224,766
2014 $5,429 $405,934 $185,570 $220,364
Source: Public Records

Map

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