NOT LISTED FOR SALE

8847 Willis Ave Unit 13 Panorama City, CA 91402

Estimated Value: $319,000 - $443,000

2 Beds
1 Bath
799 Sq Ft
$191/ mo HOA Fee

Last Sold April 11, 2017

Last sale price $185,000 $232 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,277/month

38 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Laundry Room
  • 66,025 Sq Ft lot
  • Cooling Available
  • Central Heating

About This Home

As of April 2017

Perfect starter home, why rent when you can buy. Also great for investors! Good size condo in Panorama City. 2 bed, 1 bath, 799 sqft. Complex is gated, has a pool, and laundry facility. Close to freeways, transportation, shopping mall, and walking distance to schools. Celebrate the new year in a new home!

Last Agent to Sell the Property

Griselda Ceballos

Excellence RE Real Estate, Inc. License #01345190 Listed on: 01/27/2017

Last Buyer's Agent

Hosep Stepanian

Broker Intrust Real Estate-Hosep Stepanian License #01780506

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • Density is 36-40 Units/Acre

HOA Fees

  • $191 Monthly HOA Fees

Home Design

  • 799 Sq Ft Home
  • Slab Foundation

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Parking Lot

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 51926
  • Assessor Parcel Number 2653005202

Community Details

Overview

  • Accord Mgmt Company Association, Phone Number (888) 505-3671

Recreation

  • Community Pool

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

1.52 Acres

HOA Fees

$191 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: No
  • Zoning: LARD1.5
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2653005202
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 799.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 231.54

Exterior Features

  • Foundation: Slab
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Parking: Yes
  • Parking Features: Uncovered, Parking Space
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Dues Paid Monthly
  • Association Fee: 191.00
  • Association Fee Frequency: Monthly
  • Association Name: Accord Mgmt Company
  • Phone: 888-505-3671
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 66025.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1201.08
  • Tax Lot: 1
  • Tax Tract Number: 51926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2017
Closed on
Mar 13, 2017
Sold by
Security Eat 67 Inc
Bought by
Arakelian Gayane and The Gayane Arakelian Trust
Seller's Agent
Griselda Ceballos
Excellence RE Real Estate, Inc.
Buyer's Agent
Hosep Stepanian
Broker Intrust Real Estate-Hosep Stepanian
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$354,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,198
Avg. Annual Appreciation
7.54%

Purchase Details

Listed on
Jan 27, 2017
Closed on
Mar 7, 2017
Sold by
Amirian Hayghaz
Bought by
Security Eat 67 Inc
Seller's Agent
Griselda Ceballos
Excellence RE Real Estate, Inc.
Buyer's Agent
Hosep Stepanian
Broker Intrust Real Estate-Hosep Stepanian
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Purchase Details

Listed on
Jan 27, 2017
Closed on
Feb 27, 2017
Sold by
Stepanian Fredrick
Bought by
Amirian Hayghaz and Stepanian Armineh
Seller's Agent
Griselda Ceballos
Excellence RE Real Estate, Inc.
Buyer's Agent
Hosep Stepanian
Broker Intrust Real Estate-Hosep Stepanian
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Purchase Details

Closed on
Mar 2, 2010
Sold by
Mendoza Myrna
Bought by
Amirian Hayghaz

Purchase Details

Closed on
Mar 7, 2005
Sold by
Vasquez Teresa
Bought by
Mendoza Mirna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 14, 1999
Sold by
Gomez Evelyn M
Bought by
Vasquez Teresa

Purchase Details

Closed on
May 14, 1998
Sold by
Willis Villas Inc
Bought by
Vasquez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,893
Interest Rate
7.07%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Arakelian Gayane $185,000 Ticor Title
Security Eat 67 Inc -- None Available
Amirian Hayghaz -- None Available
Amirian Hayghaz $62,000 Chicago Title Company
Mendoza Mirna $195,000 Commonwealth Title
Vasquez Teresa -- --
Vasquez Teresa $48,500 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mendoza Mirna $156,000
Previous Owner Vasquez Teresa $47,893
Closed Mendoza Mirna $39,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2017 04/11/17 Sold $185,000 -7.5% $232 / Sq Ft
01/27/2017 01/27/17 For Sale $199,900 -- $250 / 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
2025 $2,676 $214,699 $89,824 $124,875
2024 $2,676 $210,490 $88,063 $122,427
2023 $2,626 $206,364 $86,337 $120,027
2022 $2,504 $202,319 $84,645 $117,674
2021 $2,471 $198,353 $82,986 $115,367
2019 $2,398 $192,473 $80,526 $111,947
2018 $2,354 $188,700 $78,948 $109,752
2016 $887 $67,598 $14,171 $53,427
2015 $875 $66,584 $13,959 $52,625
2014 $886 $65,281 $13,686 $51,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17007883

California Regional Multiple Listing Service (CRMLS)

APN: 2653-005-202

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