NOT LISTED FOR SALE

8355 Willis Ave Unit 5 Panorama City, CA 91402

Estimated Value: $334,000 - $378,000

2 Beds
1 Bath
908 Sq Ft
$260/mo HOA Fee

Last Sold January 22, 2020

Last sale price $245,000 $270 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,413/month

169 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Modern Architecture
  • 1.14 Acre Lot
  • Main Floor Primary Bedroom
  • Beamed Ceilings

About This Home

As of January 2020

Great opportunity to own this bottom level property in the heart Panorama City. Features 2 bedrooms 1
bath, Hardwood floors in the living room. Central A/C and heat, nice kitchen and spacious dining area
with access to outside private large patio. Well maintained unit, guest parking, pool, and all common
areas. Low HOA. Agent is related to seller, submit your best
offer!!!

Last Agent to Sell the Property

Tyrone Aiden

Century 21 Masters License #01347302 Listed on: 07/18/2019

Century 21 Masters

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,377

Year Built

  • Built in 1962

Lot Details

  • 1 Common Wall
  • Land Lease

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Parking Available

Home Design

  • Modern Architecture
  • Slab Foundation
  • Fire Rated Drywall
  • Concrete Perimeter Foundation

Interior Spaces

  • 908 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Low Flow Toliet
  • Bathtub

Home Security

Outdoor Features

  • In Ground Pool
  • Stone Porch or Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • No Interior Steps
  • Urban Location

Listing and Financial Details

  • Tax Lot 198
  • Tax Tract Number 3018
  • Assessor Parcel Number 2653020076

Community Details

Overview

  • 32 Units
  • Westcom Association, Phone Number (818) 587-9500
  • Westcom Property Service HOA

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,377

Year Built

Built in 1962

Lot Details

0

HOA Fees

$260 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Zoning: LAR3
  • Architectural Style: Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2653020076
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 908.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s)
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 269.82
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter, Slab
  • Patio And Porch Features: Patio, Stone
  • Pool Features: Community, In Ground
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator, Water Heater
  • Heating Type: Central, Natural Gas
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 260.00
  • Association Fee Frequency: Monthly
  • Association Name: Westcom
  • Phone: 818.5879500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Westcom Property Service

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 49525.00
  • Lot Size Acres: 1.1369
  • Latitude Manual: 34.22299400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 49525.0000 Square Feet
  • Number Of Units In Community: 32
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1201.06
  • Tax Lot: 198
  • Tax Tract Number: 3018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2019
Closed on
Jan 15, 2020
Sold by
Sarkisyan Karen
Bought by
Astsaturyan Ani
Seller's Agent
Tyrone Aiden
Century 21 Masters
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$354,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,477
Avg. Annual Appreciation
6.73%

Purchase Details

Listed on
Jul 18, 2019
Closed on
Jan 8, 2020
Sold by
Joaquin Yvonne
Bought by
Astsaturyan Ani
Seller's Agent
Tyrone Aiden
Century 21 Masters
List Price
$245,000
Sold Price
$245,000

Purchase Details

Listed on
Mar 22, 2015
Closed on
Apr 6, 2015
Sold by
8355 Willis Avenue Apt #5 Trust
Bought by
Joaquin Yvonne
Seller's Agent
Joel Fajardo
Luxury Collective
Buyer's Agent
Tyrone Aiden
Coldwell Banker Hallmark
List Price
$159,900
Sold Price
$160,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.49%
Original Mortgage
$128,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2011
Sold by
Willard Darlene
Bought by
8355 Willis Ave Apt #5 Trust and Equus Capital

Purchase Details

Closed on
Apr 12, 2010
Sold by
Willard Darlene
Bought by
Park Willis Homeowners Association

Purchase Details

Closed on
Mar 11, 2005
Sold by
Diaz Armando
Bought by
Willard Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2002
Sold by
Olguin Michelle D
Bought by
Diaz Armando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,100
Interest Rate
7.87%
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Astsaturyan Ani -- Lawyers Title
Astsaturyan Ani $245,000 Lawyers Title 039
Joaquin Yvonne $160,000 Wfg Title Company
8355 Willis Ave Apt #5 Trust -- None Available
Park Willis Homeowners Association $5,231 Accommodation
Willard Darlene $218,000 Lawyers Title
Diaz Armando $98,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joaquin Yvonne $176,250
Previous Owner Joaquin Yvonne $128,000
Previous Owner Willard Darlene $17,800
Previous Owner Willard Darlene $218,000
Previous Owner Diaz Armando $110,000
Previous Owner Diaz Armando $93,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2020 01/22/20 Sold $245,000 0.0% $270 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
12/02/2019 12/02/19 For Sale $245,000 0.0% $270 / Sq Ft
11/26/2019 11/26/19 Pending -- -- --
11/24/2019 11/24/19 Price Changed $245,000 -2.0% $270 / Sq Ft
07/18/2019 07/18/19 For Sale $250,000 +56.3% $275 / Sq Ft
05/13/2015 05/13/15 Sold $160,000 +0.1% $176 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/22/2015 03/22/15 For Sale $159,900 -- $176 / 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 $3,377 $267,938 $131,235 $136,703
2024 $3,377 $262,685 $128,662 $134,023
2023 $3,241 $257,536 $126,140 $131,396
2022 $3,090 $252,487 $123,667 $128,820
2021 $3,049 $247,538 $121,243 $126,295
2020 $2,248 $175,824 $42,526 $133,298
2019 $2,162 $172,378 $41,693 $130,685
2018 $2,130 $168,999 $40,876 $128,123
2016 $2,027 $162,439 $39,290 $123,149
2015 $789 $58,524 $11,495 $47,029
2014 -- $57,378 $11,270 $46,108
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19174622

California Regional Multiple Listing Service (CRMLS)

APN: 2653-020-076