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8732 Willis Avenue

8732 Willis Avenue, Panorama City, CA 91402
Townhouse in Panorama City
Sold Aug 01, 2019
$378,000
$366,660 by Academy Mortgage Corp
Mortgage Due Aug 01, 2049
Sold Aug 13, 2010
$140,000
8732 Willis Avenue has been categorized by the local assessors in Panorama City, CA as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 8732 Willis Avenue has 1,345 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 178,151 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 C by the local assessor. 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. The property was last sold in Jul 5, 2019 for $378,000. That's $281.04 per sqft. Prior to that sales transaction, the property was also sold in Aug 5, 2010 for $140,000. 8732 Willis Avenue was last assessed in 2023. The total value of the property was assessed at $397,342. Specifically, the land the property is located on was valued at $194,467. While improvements on the property were assessed at a total of $202,875. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,700. The initial tax year of delinquency was in 2019. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 178,151
  • Total Building Area: 1,345
  • Building Area: 1,345
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,345
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PANORAMA PALMS
  • Land Acres: 4.09
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: *TR=32932 CONDOMINIUM*UNIT 42

Ownership

  • Current Owner : SCOTT ASHLEIGH
  • Previous Owner : Y L GROUP LLC
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON TRUST COMPAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 120108

Zoning

  • Zoning: LARD1.5

Geography

  • Assessors Map Reference: 8-D6
  • Subdivision Tract Number: 32932
  • Parcel: 2653-004-080
  • Lot: 1
  • Municipality: NORTH /VAN NUYS
  • Latitude: 34.2289
  • Longitude: -118.454

    Address

  • Full Address: 8732 Willis Ave
  • Address - House Number: 8732
  • Address - Street Name: Willis
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Panorama City
  • Carrier Code: C024
  • 4-Digit Zip Code: 2123
  • Zip Code: 91402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,700
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 08-856

    Appraisal Valuation

  • Standard Deviation: 0.229
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 518,936
  • High Value: 637,776
  • Low Value: 400,097

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $366,660
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 01, 2019
  • First Open Lien Mortgage Loan Amount: $366,660
  • 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: Aug 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $397,342
  • Assessed Land Value: $194,467
  • Assessed Improvements Value: $202,875

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 05, 2019
  • Current Sale Recording Date: Aug 01, 2019
  • Current Sale Transaction ID: 11630484704
  • Current Sale Price: $378,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-0764950
  • Previous Sale Recording Date: Aug 13, 2010
  • Previous Sale Contract Date: Aug 05, 2010
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 01, 2019
  • First Mortgage Loan Amount: $11,340
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About North Valley



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Frequently Asked Questions

What neighborhood is 8732 Willis Avenue located in?
The 8732 Willis Avenue is a townhouse located in the neighborhood of Panorama City in North Valley, Panorama City.
What is the average sales price for listings in 8732 Willis Avenue?
The average sales price for units in 8732 Willis Avenue is $378,000 , or $281/sqft. currently.

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