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7244 Willis Avenue

7244 Willis Avenue, Van Nuys, CA 91405
Property in Van Nuys
Sold Feb 27, 2018
$525,000
$515,490 by United Wholesale Mortgage
Mortgage Due Mar 01, 2048
7244 Willis Avenue in Van Nuys, CA was first built in 1987 and is 37 years old. 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 5 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. 7244 Willis Avenue has 1,200 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 49,300 ft and the linear feet between the front and back of the lot is 10. In total, the area measurement of the land is 5,105 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. There are a total of 2 available parking spaces. 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 condition of the building has been evaluated as average. 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 central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 7244 Willis Avenue sold most recently in Jan 26, 2018 for a total of $525,000. If you work out the math, that's approximately a cost of $437.50 per sqft. 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 $6,837 in taxes each year. 7244 Willis Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $574,161. If we break it down further, the land itself was valued at $440,519. Improvements to the property, however, were assessed at a total of $133,642. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,105
  • Lot Size Depth Feet: 10
  • Lot Size Frontage Feet: 49,300
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 26690
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TR=26690*(EX OF ST) LOT/SEC 6

Ownership

  • Current Owner : VILLA JOSEPHINE
  • Current Owner 2: VILLA RONALD P
  • Previous Owner : LUNA RICHARD P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 127220

Zoning

  • Zoning: LAR1

Geography

  • Assessors Map Reference: 15-D3
  • Subdivision Tract Number: 26690
  • Parcel: 2218-022-033
  • Lot: 6
  • Municipality: NORTH /VAN NUYS
  • Latitude: 34.2026
  • Longitude: -118.454

    Address

  • Full Address: 7244 Willis Ave
  • Address - House Number: 7244
  • Address - Street Name: Willis
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Van Nuys
  • Carrier Code: C009
  • 4-Digit Zip Code: 2232
  • Zip Code: 91405

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,837
  • Tax Rate Code Area: 00-013

    Appraisal Valuation

  • Standard Deviation: 0.2144
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 817,673
  • High Value: 992,994
  • Low Value: 642,352

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $515,490
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 27, 2018
  • First Open Lien Mortgage Loan Amount: $515,490
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574,161
  • Assessed Land Value: $440,519
  • Assessed Improvements Value: $133,642

    Sales

  • Current Sale Contract Date: Jan 26, 2018
  • Current Sale Recording Date: Feb 27, 2018
  • Current Sale Transaction ID: 11423970329
  • Current Sale Price: $525,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0189556

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Feb 27, 2018
  • First Mortgage Loan Amount: $515,490
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2048

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Frequently Asked Questions

What neighborhood is 7244 Willis Avenue located in?
The 7244 Willis Avenue is a located in the neighborhood of Van Nuys in South Valley, Van Nuys.
What is the average sales price for listings in 7244 Willis Avenue?
The average sales price for units in 7244 Willis Avenue is $0 currently.

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