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5447 Willis Avenue

5447 Willis Avenue, Van Nuys, CA 91411
Property in Sherman Oaks
Sold Sep 27, 2022
$1,260,000
$970,800 by United Wholesale Mortgage Llc
Mortgage Due Oct 01, 2052
Sold Aug 18, 2017
$820,000
$737,180 by Mufg Union Bank Na
Mortgage Due Sep 01, 2047
5447 Willis Avenue in Van Nuys, CA was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 1954. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 8 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5447 Willis Avenue has 1,496 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,250 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with a evaporative cooler. As for heating, the home is utilizing floor/wall heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5447 Willis Avenue sold most recently in Sep 8, 2022 for a total of $1,260,000. If you work out the math, that's approximately a cost of $842.25 per sqft. Before that, the property was also sold for $820,000 in Jul 24, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,403 in taxes each year. The initial year of tax delinquency occurred in 2022. 5447 Willis Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,260,000. If we break it down further, the land itself was valued at $1,008,000. Improvements to the property, however, were assessed at a total of $252,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,496
  • Building Area: 1,496
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Floor/wall
  • Heated Square Feet: 1,496
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 11828
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 11828 LOT/SEC 3

Ownership

  • Current Owner : GRAEFF TIFFANY
  • Current Owner 2: OLSEN BRYAN
  • Previous Owner : SAMAN
  • Previous Owner 2: KATHERINE
  • Owner Before Previous Owner: PRESTON MICHAEL W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 128802

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 22-D1
  • Subdivision Tract Number: 11828
  • Parcel: 2249-026-003
  • Lot: 3
  • Municipality: NORTH /V NUYS/SHEROAKS
  • Latitude: 34.1699
  • Longitude: -118.456

    Address

  • Full Address: 5447 Willis Ave
  • Address - House Number: 5447
  • Address - Street Name: Willis
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Sherman Oaks
  • Carrier Code: C047
  • 4-Digit Zip Code: 3761
  • Zip Code: 91411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,403
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2215
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 69
  • Final Value: 1,376,462
  • High Value: 1,681,440
  • Low Value: 1,071,485

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $970,800
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 27, 2022
  • First Open Lien Mortgage Loan Amount: $970,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,260,000
  • Assessed Land Value: $1,008,000
  • Assessed Improvements Value: $252,000

    Sales

  • Current Sale Contract Date: Sep 08, 2022
  • Current Sale Recording Date: Sep 27, 2022
  • Current Sale Transaction ID: 11896304564
  • Current Sale Price: $1,260,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 939983
  • Previous Sale Recording Date: Aug 18, 2017
  • Previous Sale Contract Date: Jul 24, 2017
  • Previous Sale Amount: $820,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 27, 2022
  • First Mortgage Loan Amount: $970,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Aug 18, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $737,180
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2047

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Frequently Asked Questions

What neighborhood is 5447 Willis Avenue located in?
The 5447 Willis Avenue is a located in the neighborhood of Sherman Oaks in South Valley, Van Nuys.
What is the average sales price for listings in 5447 Willis Avenue?
The average sales price for units in 5447 Willis Avenue is $0 currently.

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