8700 Willis Ave Unit 25 Panorama City, CA 91402
2
Beds
1
Bath
846
Sq Ft
$405/mo
HOA Fee
Highlights
- Spa
- Gated Community
- 2 Car Attached Garage
- Valley Academy of Arts & Sciences Rated A-
- 4.09 Acre Lot
- 5-minute walk to Sepulveda Recreation Center
About This Home
As of March 2021Gorgeous, remodeled two bedroom, one bath single story corner unit located in a gated community. Vaulted ceilings and radiant light guide you through the main living area and updated kitchen to a private courtyard with water feature, mature trees and plants. Spacious main bedroom features dual closets, separate vanity from the stylish bathroom and sliding door to your own private outdoor oasis. This impeccably maintained unit is connected to an oversized two car garage with washer and dryer. This condo has it all! Community features pool, spa and kids' wading pool. Shopping, restaurants and public transportation all within walking/bike ride distance! Don't hesitate. It won't last long!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,669
Year Built
- Built in 1978
HOA Fees
- $405 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
- Parking Available
Home Design
- 846 Sq Ft Home
- Turnkey
Kitchen
- Gas Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Remodeled Bathroom
- 1 Full Bathroom
- Makeup or Vanity Space
Laundry
- Laundry Room
- Laundry in Garage
Outdoor Features
- Spa
- Stone Porch or Patio
- Exterior Lighting
Additional Features
- 1 Common Wall
- Urban Location
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 32932
- Assessor Parcel Number 2653004063
Community Details
Overview
- 60 Units
- Panorama Palms Association, Phone Number (818) 778-3331
- HOA Organizers HOA
Recreation
- Community Pool
- Community Spa
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 26, 2021
Closed on
Feb 9, 2021
Sold by
Caiger Thomas R and Caiger Cheryl C
Bought by
Brown Jesse L and Brown Maureen Catherine
Seller's Agent
Cheri Steelman
Coldwell Banker Realty
Buyer's Agent
Heather Thompson-Morera
HomeSmart Evergreen Realty
List Price
$329,000
Sold Price
$350,000
Premium/Discount to List
$21,000
6.38%
Total Days on Market
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.13%
Original Mortgage
$280,000
Outstanding Balance
$253,271
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$145,131
Map
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Similar Homes in Panorama City, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $350,000 | Progressive Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $280,000 | New Conventional | |
| Previous Owner | $85,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $73,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/16/2025 03/16/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | For Sale | $420,000 | +20.0% | $496 / Sq Ft |
| 03/18/2021 03/18/21 | Sold | $350,000 | +6.4% | $414 / Sq Ft |
| 02/03/2021 02/03/21 | Pending | -- | -- | -- |
| 01/26/2021 01/26/21 | For Sale | $329,000 | -- | $389 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 |
|---|---|---|---|---|
| 2024 | $4,669 | $371,421 | $224,657 | $146,764 |
| 2023 | $4,581 | $364,139 | $220,252 | $143,887 |
| 2022 | $4,369 | $357,000 | $215,934 | $141,066 |
| 2021 | $1,883 | $150,099 | $72,309 | $77,790 |
| 2020 | $1,898 | $148,561 | $71,568 | $76,993 |
| 2019 | $1,827 | $145,649 | $70,165 | $75,484 |
| 2018 | $1,753 | $142,794 | $68,790 | $74,004 |
| 2016 | $1,665 | $137,251 | $66,120 | $71,131 |
| 2015 | $1,641 | $135,190 | $65,127 | $70,063 |
| 2014 | $1,652 | $132,543 | $63,852 | $68,691 |
Source: Public Records
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21004579
APN: 2653-004-063
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