$374,000
SOLD DEC 5, 2024

Willis Villas 8801 Willis Ave Unit 24 Panorama City, CA 91402

2 Beds
2 Baths
997 Sq Ft
$321/mo HOA Fee

Recently Sold

$375 Per Sq Ft

Highlights

  • 2.1 Acre Lot
  • Neighborhood Views
  • Laundry Room
  • Valley Academy of Arts & Sciences Rated A-
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of December 2024

This incredible 2-bedroom, 2-bathroom upper-unit Condo in the heart of Panorama City. A large 2 bed 2 bath condo, about 1000 square feet living area. Central AC and heating units, 2 assigned side-by-side parking spaces. HOA fee is just $321.12 per month, covering water, insurance, security gate, and exterior maintenance. Situated within walking distance to a highly regarded STEM Magnet Elementary School, Sepulveda Recreation Center, North Hills Parks, and Panorama Park. Just minutes to 405, 101, 118, 5 and 170 freeway; this Condo offers both comfort and accessibility. The assessor records show unit number 24 but unit is known as C6 by the community/HOA. When showing look for unit C6.

Last Agent to Sell the Property

Sheikh Cheragee

Allied Realty Inc License #01427228 Listed on: 11/26/2024

Last Buyer's Agent

Sheikh Cheragee

Allied Realty Inc License #01427228 Listed on: 11/26/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,684

Year Built

  • Built in 1978

HOA Fees

  • $321 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 997 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Additional Features

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 51927
  • Assessor Parcel Number 2653026024
  • $161 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 60 Units
  • Willis Villas Inc Association, Phone Number (310) 444-7444
  • Roxana Magana HOA
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,684

Year Built

Built in 1978

Lot Details

0

HOA Fees

$321 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: 8183847749
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2653026024
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 997.00 Square Feet
  • Stories: 1
  • Entry Location: 2nd Floor
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 375.13
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • 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: Insurance, Maintenance Grounds, Trash, Sewer
  • Association Fee: 321.12
  • Association Fee Frequency: Monthly
  • Association Name: Willis Villas Inc
  • Phone: 3104447444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Roxana Magana

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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
Nov 26, 2024
Closed on
Dec 2, 2024
Sold by
Sarkar Shankar
Bought by
Rahman Kazi Mahidur and Akther Rina
Seller's Agent
Sheikh Cheragee
Allied Realty Inc
Buyer's Agent
Sheikh Cheragee
Allied Realty Inc
List Price
$375,000
Sold Price
$374,000
Premium/Discount to List
-$1,000
-0.27%
Current Estimated Value
$378,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,897
Avg. Annual Appreciation
2.14%
Original Mortgage
$299,200
Outstanding Balance
$297,290
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$82,864

Purchase Details

Listed on
Dec 2, 2013
Closed on
Jun 19, 2014
Sold by
Das Mayasree
Bought by
Sarkar Shankar
Seller's Agent
Joel Fajardo
Luxury Collective
Buyer's Agent
Aminul Islam
Rockwood Realty
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.54%
Original Mortgage
$114,219
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 2003
Sold by
Reyes Mauricio E and Rodriguez Eva
Bought by
Zelada Saul C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,250
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
Sold by
Deleon Eloisa Nunez
Bought by
Reyes Mauricio E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,210
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 1997
Sold by
Mendez Erwin Roberto Deleon
Bought by
Deleon Eloisa Nunez

Purchase Details

Closed on
Aug 19, 1997
Sold by
Willis Villas Inc
Bought by
Deleon Eloisa Nunez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,750
Interest Rate
7.26%
Mortgage Type
FHA
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 Type Sale Price Title Company
Grant Deed $374,000 Orange Coast Title Company
Grant Deed $374,000 Orange Coast Title Company
Interfamily Deed Transfer -- Pacific Coast Title Company
Grant Deed $175,000 Pacific Coast Title Company
Grant Deed $125,000 Gateway Title Company
Individual Deed $93,000 Lawyers Title Company
Interfamily Deed Transfer -- Continental Lawyers Title Co
Grant Deed $52,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,200 New Conventional
Closed $299,200 New Conventional
Previous Owner $114,219 New Conventional
Previous Owner $59,374 Purchase Money Mortgage
Previous Owner $50,000 Credit Line Revolving
Previous Owner $106,250 Purchase Money Mortgage
Previous Owner $90,210 FHA
Previous Owner $34,446 FHA
Previous Owner $50,750 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2024 12/05/24 Sold $374,000 -0.3% $375 / Sq Ft
11/26/2024 11/26/24 For Sale $375,000 +114.3% $376 / Sq Ft
10/01/2024 10/01/24 Pending -- -- --
06/27/2014 06/27/14 Sold $175,000 -2.8% $176 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
12/02/2013 12/02/13 For Sale $180,000 -- $181 / 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 $2,684 $374,000 $224,000 $150,000
2024 $2,684 $210,310 $95,781 $114,529
2023 $2,634 $206,187 $93,903 $112,284
2022 $2,512 $202,145 $92,062 $110,083
2021 $2,477 $198,182 $90,257 $107,925
2019 $2,404 $192,306 $87,581 $104,725
2018 $2,374 $188,536 $85,864 $102,672
2016 $2,260 $181,217 $82,531 $98,686
2015 $2,228 $178,496 $81,292 $97,204
2014 $1,876 $144,970 $71,326 $73,644
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24199128

California Regional Multiple Listing Service (CRMLS)

APN: 2653-026-024