NOT LISTED FOR SALE

Estimated Value: $1,115,000 - $1,444,000

2 Beds
1 Bath
864 Sq Ft
$1,412/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $1,150,000 $1,331 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,966/month

10 Days on Market

Highlights

  • No HOA
  • Living Room
  • Bungalow
  • Wonderland Avenue Elementary Rated A
  • Laundry Room
  • 1-Story Property

About This Home

As of March 2022

Make 8522 Walnut Drive your own little slice of heaven. This two bedroom, one bath home is nestled in one of the most beautiful canyon neighborhoods in Los Angeles, Laurel Canyon. It has classic canyon details like beamed ceilings and a stone fireplace mixed with modern updates like the beautiful kitchen and bath. Cozy up on your couch, try a new recipe in your open kitchen or throw a dinner party for your friends on your hillside patio. Laurel Canyon is full of gorgeous trees, wildlife, hiking hills and music history. Walnut Drive is a quiet cul-de-sac street known by neighborhood kids as the meet up point for the annual Kirkwood Bowl Halloween Trick-or Treat Trail. Located in the coveted Wonderland Elementary school district. Near the Canyon Country Store and Pace Restaurant, one of the most romantic dinner spots in town. Come check it out!

Last Agent to Sell the Property

Heather T. Roy

Douglas Elliman License #01398002 Listed on: 02/18/2022

Douglas Elliman

Last Buyer's Agent

Megan Smith

Keller Williams Realty Los Feliz License #02161727

Keller Williams Realty Los Feliz

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,557

Year Built

  • Built in 1958

Lot Details

  • 2,999 Sq Ft Lot
  • Lot Dimensions are 30x100
  • Property is zoned LAR1

Home Design

  • Bungalow

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Living Room
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5556-012-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,557

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 864
  • Lot Acreage: 0.0689
  • Lot Dimensions: 30x100
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Outside, Laundry Area, In Closet
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 1040.51

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5556-012-020
  • Lot Size Area: 2999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2022
Closed on
Mar 2, 2022
Sold by
John Perroni Iii and John April
Bought by
Zheng David and Brier Michelle
Seller's Agent
Heather T. Roy
Douglas Elliman
Buyer's Agent
Megan Smith
Keller Williams Realty Los Feliz
List Price
$899,000
Sold Price
$1,150,000
Premium/Discount to List
$251,000
27.92%
Current Estimated Value
$1,233,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,298
Avg. Annual Appreciation
1.76%
Original Mortgage
$920,000
Outstanding Balance
$851,068
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$368,636

Purchase Details

Closed on
Sep 2, 2020
Sold by
Perroni John and Perroni April
Bought by
Perroni John and Perroni April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2016
Closed on
Dec 14, 2016
Sold by
Temporary Jeffrey Siegel
Bought by
Perroni John and Perroni April
Seller's Agent
Vinny Jain
Ingenious Asset Group, Inc.
Buyer's Agent
Christophe Salgues
The ONE Luxury Properties
List Price
$695,000
Sold Price
$695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$625,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2016
Sold by
Botel Amadea Maria
Bought by
Siegel Jeffrey and Anne Marie Powers Living Trust

Purchase Details

Closed on
May 17, 2016
Sold by
Botel Amadea
Bought by
Botel Amadea Maria and Doherty Tara Rose

Purchase Details

Closed on
Feb 28, 2005
Sold by
Powers Anne Marie
Bought by
The Anne Marie Powers Living Trust

Purchase Details

Closed on
Aug 11, 1994
Sold by
Powers Anne Marie and Powers Ann Marie
Bought by
Powers Anne Marie
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
Zheng David $1,150,000 Equity Title
Perroni John -- Old Republic Title Company
Perroni John $695,000 Chicago Title Company
Siegel Jeffrey -- None Available
Botel Amadea Maria -- None Available
The Anne Marie Powers Living Trust -- --
Powers Anne Marie -- Gateway Title
Powers Anne Marie -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng David $41,000
Open Zheng David $920,000
Previous Owner Perroni John $604,000
Previous Owner Perroni John $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $1,150,000 +27.9% $1,331 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
02/18/2022 02/18/22 For Sale $899,000 +29.4% $1,041 / Sq Ft
12/30/2016 12/30/16 Sold $695,000 0.0% $804 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
06/22/2016 06/22/16 For Sale $695,000 -- $804 / 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 $14,557 $1,220,388 $976,311 $244,077
2024 $14,557 $1,196,460 $957,168 $239,292
2023 $14,276 $1,173,000 $938,400 $234,600
2022 $9,092 $760,082 $606,972 $153,110
2021 $8,980 $745,179 $595,071 $150,108
2019 $8,644 $723,078 $577,422 $145,656
2018 $8,599 $708,900 $566,100 $142,800
2016 $877 $60,433 $36,225 $24,208
2015 $866 $59,526 $35,681 $23,845
2014 $929 $58,361 $34,983 $23,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-129105

The MLS

APN: 5556-012-020