NOT LISTED FOR SALE

8151 Wakefield Ave Panorama City, CA 91402

Estimated Value: $721,000 - $750,000

2 Beds
1 Bath
852 Sq Ft
$860/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $625,000 $734 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,654/month

8 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Walk-In Closet
  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Living Room

About This Home

As of October 2022

Charming upgraded starter home located in Panorama City. This 852 sq ft home boast 2 beds and 1 bath with a huge backyard. You will be welcomed by a bright spacious floorplan with hardwood flooring in the living room and smooth ceilings throughout. Great room layout with the dining area adjacent to the updated kitchen which leads to the backyard. The backyard is an entertainer's dream with a large patio and tons of privacy. Bedrooms are spacious with plenty of closet space. Close in proximity to restaurants, grocery stores, freeways, parks and shopping. See this gem as this home is Priced to Sell, come pick up The Key to Your New Home!

Last Agent to Sell the Property

Brian Tiongson Reyes

Pinnacle Estate Properties, Inc. License #01434873 Listed on: 09/14/2022

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,907

Year Built

  • Built in 1949

Lot Details

  • 5,579 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 852 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 157
  • Tax Tract Number 1569
  • Assessor Parcel Number 2212016029
  • $247 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,907

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: 2212016029
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 852.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 733.57
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5579.00
  • Lot Size Acres: 0.1281

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5579.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1203.00
  • Tax Lot: 157
  • Tax Tract Number: 1569
  • TaxOtherAnnualAssessmentAmount: 247.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2022
Closed on
Sep 30, 2022
Sold by
Gutierrez Marissa and Gutierrez Philip
Bought by
Nonato Dyna and Nonato Richard
Seller's Agent
Brian Tiongson Reyes
Pinnacle Estate Properties, Inc.
List Price
$589,900
Sold Price
$625,000
Premium/Discount to List
$35,100
5.95%
Views
11
Current Estimated Value
$733,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,055
Avg. Annual Appreciation
5.82%
Original Mortgage
$593,750
Outstanding Balance
$572,184
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$160,871

Purchase Details

Closed on
May 17, 2022
Sold by
Marissa Gutierrez
Bought by
Gutierrez Marissa and Gutierrez Philip

Purchase Details

Closed on
Oct 12, 2004
Sold by
Tiongson Marissa and Tiongson Marissa Martinez
Bought by
Tiongson Marissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2002
Sold by
Martinez Rosalina Herrera
Bought by
Tiongson Marissa Martinez

Purchase Details

Closed on
Jul 11, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Martinez Rosalina Herrera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.3%

Purchase Details

Closed on
Apr 12, 1996
Sold by
Valdez Rafael and Valdez Maria
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
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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
Nonato Dyna $625,000 Ticor Title
Gutierrez Marissa -- Priority Title
Tiongson Marissa -- Orange Coast Title Company
Tiongson Marissa Martinez -- --
Martinez Rosalina Herrera $107,000 First American
Federal Home Loan Mortgage Corporation $104,000 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nonato Dyna $593,750
Previous Owner Tiongson Marissa $97,000
Previous Owner Martinez Rosalina Herrera $100,500
Previous Owner Martinez Rosalina Herrera $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2022 10/19/22 Sold $625,000 +6.0% $734 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/14/2022 09/14/22 For Sale $589,900 -- $692 / 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 $7,907 $650,250 $520,200 $130,050
2024 $7,907 $637,500 $510,000 $127,500
2023 $7,755 $625,000 $500,000 $125,000
2022 $2,148 $169,560 $85,317 $84,243
2021 $2,119 $166,237 $83,645 $82,592
2019 $2,057 $161,309 $81,165 $80,144
2018 $1,996 $158,147 $79,574 $78,573
2016 $1,900 $152,008 $76,485 $75,523
2015 $1,873 $149,726 $75,337 $74,389
2014 $1,886 $146,794 $73,862 $72,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22201332

California Regional Multiple Listing Service (CRMLS)

APN: 2212-016-029