NOT LISTED FOR SALE

8346 Wakefield Ave Panorama City, CA 91402

Estimated Value: $760,000 - $937,000

3 Beds
2 Baths
1,564 Sq Ft
$534/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2023

Last sale price $665,000 $425 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,141 / mo

17 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • No HOA
  • Traditional Architecture
  • Private Yard
  • Wrap Around Porch

About This Home

As of May 2023

Excellent opportunity to fix and save! This 3 bedroom, 2 bathroom home with 1,564 sf of living space, offers tons of potential. A spacious, formal living room showcases a retro-style, fireplace with corner-wrapped, raised hearth that opens to a formal dining area. A spacious, screened-in porch has been converted to additional living space and provides direct access to the 2-car attached garage where you will find a dedicated laundry area. The backyard also boasts an abundance of potential with an in-ground pool and plenty of space surrounding the pool – create lawn space, add a firepit seating area, build a pergola for lounging, etc. Don’t miss this opportunity to obtain a true diamond in the rough. Great location near shopping, medical centers, dining, and recreation, plus convenient to the 5, 405, 170, and 118 freeways.

Last Agent to Sell the Property

Stephanie Vitacco

Equity Union License #00985615 Listed on: 02/28/2023

Equity Union

Last Buyer's Agent

Pavel Tsarevskiy

Venus Realty & Brokers Associates, Inc License #01981243

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,749 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Driveway

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Wood Product Walls
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,564 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Raised Hearth
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Mirrored Closets Doors
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer Hookup

Pool

  • In Ground Pool
  • Diving Board

Outdoor Features

  • Wrap Around Porch
  • Open Patio

Utilities

  • Cooling Available
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 15421
  • Assessor Parcel Number 2638027003
  • $375 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

6,749 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Architectural Style: Traditional
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2638027003
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1564.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, Wood Product Walls
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Living Room, Raised Hearth
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 425.19
  • Room Type: Family Room, Kitchen, Laundry, Living Room
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Tile Counters, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete, Covered, Patio, Patio Open, Front Porch, Wrap Around
  • Pool Features: Private, Diving Board, In Ground
  • Pool Private: Yes
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Garage, Garage Faces Front, Garage - Single Door, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Electric Range, Gas Oven, Range Hood
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Yard
  • Lot Size Sq Ft: 6749.00
  • Lot Size Acres: 0.1549

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6749.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1199.00
  • Tax Lot: 34
  • Tax Tract Number: 15421
  • TaxOtherAnnualAssessmentAmount: 375.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2023 05/02/23 Sold $665,000 +0.1% $425 / Sq Ft
03/17/2023 03/17/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $664,500 -- $425 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,519 $691,865 $553,492 $138,373
2024 $8,519 $678,300 $542,640 $135,660
2023 $3,504 $267,372 $93,619 $173,753
2022 $3,349 $262,131 $91,784 $170,347
2021 $3,302 $256,992 $89,985 $167,007
2019 $3,207 $249,371 $87,317 $162,054
2018 $3,093 $244,482 $85,605 $158,877
2016 $2,943 $234,990 $82,282 $152,708
2015 $2,901 $231,462 $81,047 $150,415
2014 $2,917 $226,929 $79,460 $147,469
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23022298

California Regional Multiple Listing Service (CRMLS)

APN: 2638-027-003

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