NOT LISTED FOR SALE

8406 Costello Ave Panorama City, CA 91402

Estimated Value: $855,003 - $976,000

4 Beds
2.5 Baths
1,550 Sq Ft
$588/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $630,000 $406 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,687/month

10 Days on Market

Highlights

  • Detached Guest House
  • Gourmet Kitchen
  • Attic
  • Art Studio
  • Cathedral Ceiling
  • Loft

About This Home

As of August 2017

Completely Remodeled 4 Bedroom, 2 bathroom 1550 sqft House PLUS 460 sqft Detached Loft-Style Guest House. Kitchen with granite countertops, travertine floors, & stainless steel appliances. Living Room has redone hardwood floors, canned lights& crown molding. Step-down Family Room with fireplace, vaulted ceilings & new glass slider that opens to huge back cement patio with mid-century accent wall perfect for entertaining. Formal Dining Room with cathedral beamed ceilings & hardwood floors. All bedrooms meticulously redone. W/D Hook-ups. All new dual pane windows & all new doors both interior & exterior. Professionally painted. New roof. Copper Plumbing. Forced Air heat & Central Air. Loft-style Guest House which features vaulted ceilings, with kitchen with new stainless steel appliances, and bathroom. Professionally Landscaped lawn in front yard with sprinkler system. Backyard has low-water hardscape including outdoor BBQ area & huge covered patio. Bring the whole family!

Last Agent to Sell the Property

Larry Eissler

TM&G Brokerage License #00473860 Listed on: 06/30/2017

Last Buyer's Agent

Celina Arevalo

License #01447916

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,693

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 6,223 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Gated Home
  • Block Wall Fence
  • Redwood Fence
  • Landscaped
  • Level Lot
  • Sprinklers on Timer
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Home Design

  • Turnkey
  • Raised Foundation
  • Plaster Walls
  • Composition Roof

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vertical Blinds
  • Window Screens
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Loft
  • Art Studio
  • Laundry Room
  • Attic

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Low Flow Toliet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Converted Garage
  • Side by Side Parking
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Powered By Gas
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Property is located within a water district
  • Sewer in Street

Additional Features

  • Covered Patio or Porch
  • Detached Guest House

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2638-034-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,693

Year Built

Built in 1949 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Ranch
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1550
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings, Crown Moldings, Plaster Walls, Turnkey
  • Fireplace Rooms: Family Room
  • Flooring: Carpet, Laminate, Tile, Travertine
  • Bedrooms: 4
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Low Flow Toilet(s)
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Formal Dining Rm
  • Kitchen Features: Counter Top, Gourmet Kitchen, Granite Counters, Open to Family Room, Pantry, Remodeled
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Ice Maker, Range/Oven, Refrigerator, Vented Exhaust Fan
  • Price Per S Q F T: 406.13
  • Windows: Double Pane Windows, Screens, Vertical Blinds, Window Blinds

Exterior Features

  • Direction Faces: West
  • Other Features: Sliding Glass Doors
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Fence: Block, Redwood
  • Guest House: Detached
  • Patio: Covered, Covered Porch, Patio Open, Porch - Front, Porch - Rear, Slab
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Side By Side

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central, Gas
  • Heating: Fireplace, Forced Air, Natural Gas
  • Security: Carbon Monoxide Detector(s), Gated, Smoke Detector
  • Sewer: In Street
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessor Parcel Number: 2638-034-013
  • Geocode Override: No
  • Lot Description: Back Yard, Fenced, Fenced Yard, Front Yard, Landscaped, Lawn, Lot-Level/Flat, Sidewalks, Street Paved, Yard
  • Lot Size Area: 6223

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2017
Closed on
Jul 14, 2017
Sold by
Knickmeyer Lucia E
Bought by
Johnson Kathrina and Lomuntad Eric R
Seller's Agent
Larry Eissler
TM&G Brokerage
Buyer's Agent
Celina Arevalo
List Price
$629,500
Sold Price
$630,000
Premium/Discount to List
$500
0.08%
Current Estimated Value
$910,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,751
Avg. Annual Appreciation
4.70%
Original Mortgage
$625,196
Outstanding Balance
$531,856
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$378,895

Purchase Details

Listed on
Jun 11, 2015
Closed on
Jun 17, 2015
Sold by
Tomer Christina L
Bought by
Knickmeyer Lucia E
Seller's Agent
Laura Coffey
Real Broker
Buyer's Agent
Larry Eissler
Jordan James Brokerage
List Price
$330,000
Sold Price
$345,000
Premium/Discount to List
$15,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.32%

Purchase Details

Closed on
Nov 29, 2000
Sold by
Hitterdal Walton A
Bought by
Hitterdal Walton A and Hitterdal Helen M
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
Johnson Kathrina $630,000 North American Title Co
Knickmeyer Lucia E $345,000 Wfg National Title Company
Hitterdal Walton A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Kathrina A $128,117
Closed Johnson Kathrine A $51,481
Open Johnson Kathrina $625,196
Previous Owner Sudeck Cindi S $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $630,000 +0.1% $406 / Sq Ft
07/10/2017 07/10/17 Pending -- -- --
06/30/2017 06/30/17 For Sale $629,500 +82.5% $406 / Sq Ft
06/24/2015 06/24/15 Sold $345,000 +4.5% $223 / Sq Ft
06/16/2015 06/16/15 Pending -- -- --
06/11/2015 06/11/15 For Sale $330,000 -- $213 / Sq Ft
Source: The MLS

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 $8,693 $716,828 $426,683 $290,145
2024 $8,693 $702,773 $418,317 $284,456
2023 $8,526 $688,994 $410,115 $278,879
2022 $8,131 $675,485 $402,074 $273,411
2021 $8,029 $662,241 $394,191 $268,050
2019 $7,789 $642,600 $382,500 $260,100
2018 $7,690 $630,000 $375,000 $255,000
2016 $4,386 $350,260 $264,066 $86,194
2015 $1,043 $69,717 $31,392 $38,325
2014 -- $68,353 $30,778 $37,575
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Larry Eissler

    TM&G Brokerage

  • C

    Buyer's Agent in 2017

    Celina Arevalo

  • Laura Coffey

    Seller's Agent in 2015

    Laura Coffey

    Real Broker

    (661) 857-0620

    133 Total Sales

    Laura Coffey
    Section Image
  • John Coffey

    Seller Co-Listing Agent in 2015

    John Coffey

    Real Broker

    (661) 284-5003

    52 Total Sales

    John Coffey
    Section Image
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Map

Source: The MLS

MLS Number: 17-246760

The MLS

APN: 2638-034-013

California Los Angeles County Panorama City 91402

8406 Costello Ave, Panorama City, CA

This home is located at 8406 Costello Ave, Panorama City, CA 91402 since 30 June 2017 and is currently estimated at $910,751, approximately $587 per square foot. This property was built in 1949. 8406 Costello Ave is a home located in Los Angeles County with nearby schools including Chase Street Elementary School, Robert Fulton College Preparatory, and Panorama High School.

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