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7981 Woodrow Wilson Drive

7981 Woodrow Wilson Drive, Los Angeles, CA 90046
Sold Jul 17, 2018
$4,375,000
$3,919,463 by Citibank Na
Mortgage Due Aug 01, 2048
Sold Mar 31, 2005
Transfer
$1,875,000 by Union Bank Of California Na
Mortgage Due Apr 01, 2035
7981 Woodrow Wilson Drive has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 5 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7981 Woodrow Wilson Drive has 4,967 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 1,150 ft. The area measurement of the land has been determined as 13,928 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 7981 Woodrow Wilson Drive sold most recently in Jul 11, 2018 for a total of $4,375,000. If you work out the math, that's approximately a cost of $880.81 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 $54,283 in taxes each year. 7981 Woodrow Wilson Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $4,690,881. If we break it down further, the land itself was valued at $3,484,655. Improvements to the property, however, were assessed at a total of $1,206,226. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,928
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 4,967
  • Building Area: 4,967
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,967
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10826
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 10826 LOT/SEC 8

Ownership

  • Current Owner : WATSON SCOTT L
  • Current Owner 2: LOZANO VALERIE
  • Previous Owner : GRAVES PETER
  • Previous Owner 2: MARACOTTA LINDSAY
  • Owner Before Previous Owner: SAPIR MICHAEL DAVIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 194102

Zoning

  • Zoning: LARE11

Geography

  • Assessors Map Reference: 23-E6
  • Subdivision Tract Number: 10826
  • Parcel: 5570-019-008
  • Lot: 8
  • Municipality: WEST /RUNYON CANYON
  • Latitude: 34.1233
  • Longitude: -118.372

    Address

  • Full Address: 7981 Woodrow Wilson Dr
  • Address - House Number: 7981
  • Address - Street Name: Woodrow Wilson
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C017
  • 4-Digit Zip Code: 1215
  • Zip Code: 90046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $54,283
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.2263
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 4,514,736
  • High Value: 5,536,770
  • Low Value: 3,492,702

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,919,463
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Jul 17, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $3,919,463
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,690,881
  • Assessed Land Value: $3,484,655
  • Assessed Improvements Value: $1,206,226

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 11, 2018
  • Current Sale Recording Date: Jul 17, 2018
  • Current Sale Transaction ID: 11481804546
  • Current Sale Price: $4,375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18-0709829
  • Previous Sale Recording Date: Mar 31, 2005
  • Previous Sale Contract Date: Feb 18, 2005
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jul 17, 2018
  • First Mortgage Loan Amount: $3,919,463
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK OF CALIFORNIA NA
  • Previous Mortgage Transaction Date: Mar 31, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $1,875,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About Central LA



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 7981 Woodrow Wilson Drive located in?
The 7981 Woodrow Wilson Drive is a house located in the neighborhood of Hollywood Hills West in Central LA, Los Angeles.
What is the average sales price for listings in 7981 Woodrow Wilson Drive?
The average sales price for units in 7981 Woodrow Wilson Drive is $0 currently.

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