NOT LISTED FOR SALE

Willis Villas 8801 Willis Ave Unit 49 Panorama City, CA 91402

Estimated Value: $330,000 - $356,000

2 Beds
1 Bath
798 Sq Ft
$294/mo HOA Fee

Last Sold July 02, 2024

Last sale price $340,000 $426 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,182/month

8 Days on Market

Highlights

  • 2.1 Acre Lot
  • End Unit
  • Community Pool
  • Open Floorplan
  • L-Shaped Dining Room
  • Covered Patio or Porch

About This Home

As of July 2024

Newly renovated condominium with preferred unit location in the rear of complex. Freshly painted with new appliances, Vinyl plank flooring throughout, Recess lights, New doors, New bathroom vanity, shower door, fixtures and much more. First floor unit with larger Patio. The unit has one of the few covered 2 car Parking spaces and conveniently located next to the unit. End unit with no neighbor to one side.

Last Agent to Sell the Property

Armen Davoodian

Pinnacle Estate Properties, Inc. Brokerage Phone: 818-470-4595 License #01301372 Listed on: 06/04/2024

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Mike Sudwal

Realty ONE Group United License #01872826

Realty ONE Group United

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $294 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Oversized Parking
  • Parking Available
  • Tandem Covered Parking
  • Automatic Gate
  • Assigned Parking
  • Controlled Entrance

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 798 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Sliding Doors
  • Living Room
  • L-Shaped Dining Room
  • Laundry Room

Kitchen

  • Gas Oven
  • Gas Range
  • Range Hood
  • Tile Countertops

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Upgraded Bathroom
  • 1 Full Bathroom
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Home Security

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Additional Features

  • Accessible Parking
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 51927
  • Assessor Parcel Number 2653026049
  • $148 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1978 | Remodeled

Lot Details

0

HOA Fees

$294 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Ad Number: Armen
  • Property Attached: Yes
  • Security: Automatic Gate, Smoke Detector(s)
  • View: No
  • Zoning: LARD1.5
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2653026049
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 798.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Ell
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 426.07
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Upgraded, Vanity Area
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Controlled Entrance, Oversized, Tandem Covered
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Range Hood
  • 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, Spa/Hot Tub, Insurance, Maintenance Grounds, Trash, Water, Permitted Types, Management
  • Association Fee: 293.93
  • Association Fee Frequency: Monthly
  • Association Name: Willis Villas
  • Phone: 310-444-7444
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Allstate HOA Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 91568.00
  • Lot Size Acres: 2.1021
  • Latitude Manual: 34.23024500

Multi Family

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

Tax Info

  • Tax Census Tract: 1201.08
  • Tax Lot: 1
  • Tax Tract Number: 51927
  • TaxOtherAnnualAssessmentAmount: 148.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jun 13, 2024
Sold by
Vitti Herachik P and Sahakian Lida Davoudian
Bought by
Barua Ruval and Barua Nishat
Seller's Agent
Armen Davoodian
Pinnacle Estate Properties, Inc.
Buyer's Agent
Mike Sudwal
Realty ONE Group United
List Price
$339,900
Sold Price
$340,000
Premium/Discount to List
$100
0.03%
Views
22
Current Estimated Value
$341,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,749
Avg. Annual Appreciation
0.34%
Original Mortgage
$245,000
Outstanding Balance
$241,215
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$100,534

Purchase Details

Closed on
Apr 30, 2009
Sold by
Lasalle Bank National Association
Bought by
Vitti Herachik P

Purchase Details

Closed on
Apr 29, 2009
Sold by
Vitti Roger C
Bought by
Vitti Herachik P

Purchase Details

Closed on
Feb 11, 2009
Sold by
Quintanilla Jose and Rodriguez Marta
Bought by
Lasalle Bank National Association

Purchase Details

Closed on
Mar 11, 2008
Sold by
Rodriguez Martha M
Bought by
Quintanilla Jose D

Purchase Details

Closed on
Jun 21, 2005
Sold by
Ledezma Javier
Bought by
Quintanilla Jose S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 14, 2002
Sold by
Ledezma Javier and Gonzalez Victoriana Ledezma
Bought by
Ledezma Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
6.85%

Purchase Details

Closed on
Jul 15, 1996
Sold by
Willis Villas Inc
Bought by
Ledesma Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,910
Interest Rate
7.59%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barua Ruval $340,000 None Listed On Document
Vitti Herachik P $286,364 Fidelity National Title
Vitti Herachik P -- Fidelity National Title
Lasalle Bank National Association $57,779 Accommodation
Quintanilla Jose D -- Accommodation
Quintanilla Jose S $230,000 Old Republic Title Company
Ledezma Javier -- Fidelity National Title Co
Ledesma Javier $47,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barua Ruval $245,000
Previous Owner Quintanilla Jose S $184,000
Previous Owner Ledezma Javier $53,000
Previous Owner Ledesma Javier $46,910
Closed Quintanilla Jose S $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2024 07/02/24 Sold $340,000 0.0% $426 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $339,900 -- $426 / 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 $1,208 $340,000 $208,000 $132,000
2024 $1,208 $88,359 $17,666 $70,693
2023 $1,187 $86,627 $17,320 $69,307
2022 $1,132 $84,930 $16,981 $67,949
2021 $1,115 $83,266 $16,649 $66,617
2020 $1,123 $82,413 $16,479 $65,934
2019 $1,083 $80,798 $16,156 $64,642
2018 $1,055 $79,215 $15,840 $63,375
2016 $999 $76,141 $15,226 $60,915
2015 $986 $74,998 $14,998 $60,000
2014 $997 $73,530 $14,705 $58,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24112934

California Regional Multiple Listing Service (CRMLS)

APN: 2653-026-049