NOT LISTED FOR SALE

8118 Wakefield Ave Panorama City, CA 91402

Estimated Value: $733,000 - $895,000

3 Beds
2 Baths
1,200 Sq Ft
$672/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $700,000 $583 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,976/month

45 Days on Market

Highlights

  • No HOA
  • Living Room
  • Back and Front Yard
  • 1 Car Attached Garage
  • Central Air
  • 1-Story Property

About This Home

As of December 2022

This stunning 3 bedroom, 2 bathroom, 1200 Sqft house is newly updated and ready for you! Located on a lovely tree lined street, close to lots of shopping, restaurants, and more! Enter into the spacious living room with laminate flooring and recessed lighting throughout. This home has an open concept floor plan, with the kitchen connected to the living space. The kitchen offers lots of room, plenty of cabinet space, up to date appliances, and a marble backsplash. The bathroom also has a marble tiled shower and marble floors. Bedrooms are very roomy with built in closets and lots of natural light! The backyard is perfect for entertaining and adding furniture just to relax and unwind outdoors. Garage converted to master. Stop by, fall in love, and make this your dream home!

Last Agent to Sell the Property

Tereza Toramanyan

Coldwell Banker Hallmark License #02038821 Listed on: 10/11/2022

Coldwell Banker Hallmark

Last Buyer's Agent

Juan Elias

Transunited Realty Group License #01805285

Transunited Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,826

Year Built

  • Built in 1949

Lot Details

  • 5,617 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 187
  • Tax Tract Number 1569
  • Assessor Parcel Number 2212018011
  • $249 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,826

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2212018011
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 583.33
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5617.00
  • Lot Size Acres: 0.1289

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5617.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1203.00
  • Tax Lot: 187
  • Tax Tract Number: 1569
  • TaxOtherAnnualAssessmentAmount: 249.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2023
Sold by
Cardenas Hector A
Bought by
Garcia Stephanie and Delgarcia Veronica Del
Current Estimated Value
$806,072

Purchase Details

Listed on
Feb 8, 2018
Closed on
Feb 14, 2018
Sold by
Stepanian Aram and Stepanian Astgik
Bought by
Khachatryan Hayk
Seller's Agent
Edward Akhparian
Trimax Elite Corp Inc
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$396,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2017
Closed on
Jan 18, 2017
Sold by
Sacramento John Michael G
Bought by
Stepanian Aram and Stepanian Astgik
Seller's Agent
Lizza Villareal
Pacific Home Brokers
Buyer's Agent
Lusik Keshishyan
Local Properties
List Price
$375,000
Sold Price
$390,000
Premium/Discount to List
$15,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$351,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
Sold by
Federal National Mortgage Association
Bought by
Sacramento John Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,321
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 26, 2011
Sold by
Villareal Lizza
Bought by
Sacramento John Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,321
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2010
Sold by
Avila Roberto
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 18, 2006
Sold by
Cordova Rafael A and Hernandez Sonia
Bought by
Avila Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2006
Sold by
Avila Blanca
Bought by
Avila Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2000
Sold by
Ramirez Alex C and Ramirez Rebecca
Bought by
Cordova Rafael A and Hernandez Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,049
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 23, 1997
Sold by
Ramirez Alex C and Ramirez Rebecca
Bought by
Ramirez Alex C and Ramirez Rebecca
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garcia Stephanie -- None Listed On Document
Khachatryan Hayk $440,000 Wfg National Title Company
Stepanian Aram $390,000 Fidelity National Title Co
Sacramento John Michael G $224,000 Lawyers Title
Sacramento John Michael G -- Lawyers Title
Federal National Mortgage Association $482,036 Landsafe
Avila Roberto $480,000 Fidelity National Title
Avila Roberto -- Fidelity National Title
Cordova Rafael A $191,000 Investors Title Company
Ramirez Alex C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khachatryan Hayk $396,000
Previous Owner Stepanian Aram $351,000
Previous Owner Sacramento John Michael G $218,321
Previous Owner Avila Roberto $384,000
Previous Owner Avila Roberto $96,000
Previous Owner Cordova Rafael A $188,049
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2022 12/29/22 Sold $700,000 +0.1% $583 / Sq Ft
12/02/2022 12/02/22 Price Changed $699,000 -6.7% $583 / Sq Ft
10/11/2022 10/11/22 For Sale $749,000 +70.2% $624 / Sq Ft
03/29/2018 03/29/18 Sold $440,000 -2.2% $525 / Sq Ft View Prior Sale
02/11/2018 02/11/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $450,000 +15.4% $537 / Sq Ft
02/17/2017 02/17/17 Sold $390,000 +4.0% $465 / Sq Ft View Prior Sale
01/17/2017 01/17/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $375,000 -- $447 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $8,826 $728,280 $582,624 $145,656
2024 $8,826 $714,000 $571,200 $142,800
2023 $8,656 $700,000 $560,000 $140,000
2022 $5,754 $471,767 $377,414 $94,353
2021 $5,684 $462,517 $370,014 $92,503
2019 $5,516 $448,800 $359,040 $89,760
2018 $4,867 $397,800 $313,752 $84,048
2016 $2,925 $237,669 $148,332 $89,337
2015 $2,883 $234,100 $146,104 $87,996
2014 $2,899 $229,516 $143,243 $86,273
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22218994

California Regional Multiple Listing Service (CRMLS)

APN: 2212-018-011