$380,000
SOLD SEP 27, 2024

Willis Villas 8801 Willis Ave Unit 21 Panorama City, CA 91402

2 Beds
2 Baths
997 Sq Ft
$367/mo HOA Fee

Recently Sold

$381 Per Sq Ft

3% Below List Price

68 Days on Market

Highlights

  • Gated Parking
  • 2.1 Acre Lot
  • Community Pool
  • Valley Academy of Arts & Sciences Rated A-
  • Traditional Architecture
  • Eat-In Kitchen

About This Home

As of September 2024

Welcome to this beautiful 2-bedroom, 2-bathroom condominium in Panorama City. Perfectly nestled in a gated community for added security and peace of mind. Spanning 997 Sqft., this home offers a comfortable and stylish living experience in a prime, central location. The spacious kitchen with plenty of cabinet and counter space with dining area. Adjacent, the great-sized living room is perfect for entertaining guests or enjoying a cozy night in. Both bedrooms are generously sized, providing a relaxing retreat at the end of the day. Homeowners association covers water, insurance, exterior maintenance and common areas within gated community. Additionally, the property includes two side-by-side assigned parking spaces, ensuring convenient and secure parking. Nearby schools include: Alta California Elementary, Vista Middle School, James Monroe Senior High, Northridge Academy Senior High & Valley Academy of Arts and Sciences. Short distance to Panorama Mall, grocery stores & medical & dental locations. Don’t miss the opportunity to make this delightful condominium your new home!

Last Agent to Sell the Property

Olivia Chavez Serrano

Mission Real Estate Brokerage Phone: 818-631-4191 License #01934999 Listed on: 07/10/2024

Co-Listed By

Raul Chavez

San Fernando Realty, Inc. Brokerage Phone: 818-631-4191 License #01194510

Last Buyer's Agent

David Norris II

Brad Korb Real Estate Group License #02180576

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1978

HOA Fees

  • $367 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Flat Tile Roof
  • Stucco

Interior Spaces

  • 997 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Tile Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Side by Side Parking
  • Gated Parking
  • Paved Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Schools

  • Vista Middle School
  • Monroe High School

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 51927
  • Assessor Parcel Number 2653026021
  • $161 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 60 Units
  • Willis Villas Inc. Association, Phone Number (310) 444-7444
  • Valley

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Playground
  • Community Pool
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,756

Year Built

Built in 1978

Lot Details

0

HOA Fees

$367 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2653026021
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 997.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 381.14
  • Room Type: All Bedrooms Down, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Exhaust Fan(s)

Exterior Features

  • Patio: Yes
  • Pool Features: Community
  • Pool Private: No
  • Roof: Flat Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Paved, Gated, Side by Side
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Microwave
  • 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: Pool, Picnic Area, Playground, Insurance, Trash, Sewer, Water
  • Association Fee: 367.08
  • Association Fee Frequency: Monthly
  • Association Name: Willis Villas Inc.
  • Phone: 310-444-7444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Valley
  • Association Management: Unknown

Schools

  • School District: Los Angeles Unified
  • Middle School: Vista
  • High School: Monroe
  • High School: Monroe
  • Middle Or Junior School: Vista
  • High School2: MONROE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 91568.00
  • Lot Size Acres: 2.1021

Multi Family

  • Lease Considered: No
  • Lot Size Area: 91568.0000 Square Feet
  • Number Of Units In Community: 60
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1201.08
  • Tax Lot: 1
  • Tax Tract Number: 51927
  • TaxOtherAnnualAssessmentAmount: 161.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Aug 13, 2024
Sold by
Gonzalez Nelson Moreno
Bought by
Garcia Victoria
Seller's Agent
Olivia Chavez Serrano
Mission Real Estate
Buyer's Agent
David Norris II
Brad Korb Real Estate Group
List Price
$390,000
Sold Price
$380,000
Premium/Discount to List
-$10,000
-2.56%
Views
48
Current Estimated Value
$384,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,115
Avg. Annual Appreciation
1.31%
Original Mortgage
$317,500
Outstanding Balance
$314,250
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$70,583

Purchase Details

Closed on
Sep 25, 2013
Sold by
Nasr Carmen
Bought by
Gonzalez Nelson Moreno

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2008
Sold by
Pdic
Bought by
Nasr Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,700
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2008
Sold by
Meneses Jose C and Meneses Norma A
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
May 22, 1998
Sold by
Vallardes Marco and Valladares Marco
Bought by
Meneses Jose C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,717
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 15, 1996
Sold by
Willis Villas Inc
Bought by
Valladares Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,150
Interest Rate
7.59%
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 Type Sale Price Title Company
Grant Deed $380,000 Fidelity - Sherman Oaks
Grant Deed $180,000 First American Title Company
Grant Deed $103,000 Chicago Title Company
Trustee Deed $230,000 None Available
Grant Deed $57,000 First American Title
Grant Deed $50,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $317,500 New Conventional
Previous Owner $171,000 New Conventional
Previous Owner $92,700 Purchase Money Mortgage
Previous Owner $242,900 Negative Amortization
Previous Owner $209,000 Unknown
Previous Owner $164,700 Unknown
Previous Owner $115,000 Unknown
Previous Owner $91,200 Unknown
Previous Owner $10,884 Unknown
Previous Owner $55,717 FHA
Previous Owner $48,985 FHA
Previous Owner $49,150 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $380,000 -2.6% $381 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $390,000 +2.6% $391 / Sq Ft
07/11/2024 07/11/24 Off Market $380,000 -- --
07/10/2024 07/10/24 For Sale $390,000 -- $391 / 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 $2,756 $380,000 $235,400 $144,600
2024 $2,756 $216,320 $105,996 $110,324
2023 $2,705 $212,079 $103,918 $108,161
2022 $2,579 $207,922 $101,881 $106,041
2021 $2,544 $203,846 $99,884 $103,962
2019 $2,468 $197,801 $96,922 $100,879
2018 $2,438 $193,923 $95,022 $98,901
2016 $2,321 $186,394 $91,333 $95,061
2015 $2,288 $183,596 $89,962 $93,634
2014 $2,303 $180,000 $88,200 $91,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24141460

California Regional Multiple Listing Service (CRMLS)

APN: 2653-026-021