$990,000
SOLD JAN 30, 2025

8416 Wakefield Ave Panorama City, CA 91402

3 Beds
2 Baths
1,474 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$672 Per Sq Ft

2% Above List Price

18 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Quartz Countertops
  • Updated Kitchen
  • Pool View
  • No HOA

About This Home

As of January 2025

If you are looking for a nearly BRAND-NEW house with custom finishes and high-end materials built on its bare bones, this is the home you don't want to miss! Welcome to this stunning 3-bedroom, 2-bathroom house spanning 1,474 square feet of elegant living space, situated in a desirable pocket of Panorama City. This home boasts a blend of modern luxury and classic charm.
As you step inside through the pivot door, you are greeted by an open floor plan that seamlessly connects the living and kitchen areas, making it perfect for both daily living and entertaining. The spacious living and kitchen rooms feature impressive 48x48 large porcelain tiles that add a touch of sophistication and make maintenance a breeze. The custom kitchen includes double glass pull-up drawers that blend functionality with elegance, complemented by brand-new appliances. The center island with a quartz countertop serves as a focal point, offering ample space for meal preparation and casual dining.
The bedrooms are filled with tons of natural light, featuring custom closets with glass pull-out drawers accented with LED lighting. Laminate flooring runs throughout the rest of the home, enhanced by recessed lighting that illuminates the space beautifully. Outside, you will find a pool and a large backyard, camera system wired through the house.
With its thoughtful design, meticulous attention to detail, high-end finishes, and prime location, this home offers a rare opportunity to own a piece of luxury in a sought-after neighborhood. The seller has invested significantly in making this home impeccable for its next owner. Everything is new, new, new- roof, pluming, electrical, a/c, insulation, drywall, doors, windows, bathroom, kitchen. You must see it to truly appreciate it.

Last Agent to Sell the Property

Anna Elikuchukyan

Pinnacle Estate Properties Brokerage Phone: 818-281-8643 License #01463027 Listed on: 12/12/2024

Pinnacle Estate Properties

Last Buyer's Agent

Rina Agajanyan

Allison James Estates & Homes License #01741938

Allison James Estates & Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,400

Year Built

  • Built in 1949

Lot Details

  • 6,011 Sq Ft Lot
  • Wood Fence
  • Brick Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Pool
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,474 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Recessed Lighting
  • Tinted Windows
  • Living Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Six Burner Stove
  • Dishwasher
  • Quartz Countertops
  • Built-In Trash or Recycling Cabinet
  • Self-Closing Drawers and Cabinet Doors
  • Utility Sink

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Upgraded Bathroom
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Tile Bathroom Countertop
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 15421
  • Assessor Parcel Number 2638027009
  • $308 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,400

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2638027009
  • Year Built: 1949
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1474.00 Square Feet
  • Interior Amenities: Built-in Features, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 671.64
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Window Features: Tinted Windows
  • Bathroom Features: Quartz Counters, Tile Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Built-In Trash/Recycling, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters, Utility Sink

Exterior Features

  • View: Neighborhood, Pool
  • Fence: Yes
  • Fencing: Brick, Wood
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Refrigerator
  • Electric: 220 Volts
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6011.00
  • Lot Size Acres: 0.1380

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6011.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1199.00
  • Tax Lot: 40
  • Tax Tract Number: 15421
  • TaxOtherAnnualAssessmentAmount: 308.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2024
Closed on
Jan 16, 2025
Sold by
Seropyan Silva
Bought by
Maldinez David Kottler and Pumhirun Wipanee R
Seller's Agent
Anna Elikuchukyan
Pinnacle Estate Properties
Buyer's Agent
Rina Agajanyan
Allison James Estates & Homes
List Price
$975,000
Sold Price
$990,000
Premium/Discount to List
$15,000
1.54%
Views
57
Current Estimated Value
$944,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,706
Avg. Annual Appreciation
-5.82%
Original Mortgage
$906,592
Outstanding Balance
$901,815
Interest Rate
6.72%
Mortgage Type
FHA
Estimated Equity
$52,086

Purchase Details

Closed on
Feb 28, 2018
Sold by
Sarkisyan Srbui
Bought by
Seropyan Silva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$493,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2014
Closed on
Sep 24, 2014
Sold by
Sarkisyan Andranik
Bought by
Sarkisyan Srbui
Seller's Agent
Bambi Olesiuk
No Firm Affiliation
Buyer's Agent
Mariam Aivazian
Project Realty Group
List Price
$210,000
Sold Price
$331,000
Premium/Discount to List
$121,000
57.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$320,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2014
Closed on
Sep 23, 2014
Sold by
Arakelyan Gayane
Bought by
Sarkisyan Srbui
Seller's Agent
Bambi Olesiuk
No Firm Affiliation
Buyer's Agent
Mariam Aivazian
Project Realty Group
List Price
$210,000
Sold Price
$331,000
Premium/Discount to List
$121,000
57.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2014
Closed on
Aug 12, 2014
Sold by
Joven Edgardo M and Joven Marites L
Bought by
Arakelyan Gayane
Seller's Agent
Bambi Olesiuk
No Firm Affiliation
Buyer's Agent
Mariam Aivazian
Project Realty Group
List Price
$210,000
Sold Price
$331,000
Premium/Discount to List
$121,000
57.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2014
Closed on
Aug 7, 2014
Sold by
Arakelyan Tigran
Bought by
Arakelyan Gayane
Seller's Agent
Bambi Olesiuk
No Firm Affiliation
Buyer's Agent
Mariam Aivazian
Project Realty Group
List Price
$210,000
Sold Price
$331,000
Premium/Discount to List
$121,000
57.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2004
Sold by
Joven Edgardo M and Lorenzo Marites L
Bought by
Joven Edgardo M and Joven Marites L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 12, 2003
Sold by
Joven Edgardo M and Lorenzo Marites L
Bought by
Joven Edgardo M and Joven Marites L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Grant Deed $990,000 Priority Title Company
Grant Deed $530,000 Stewart Title Of California
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed -- Chicago Title Company
Grant Deed $331,003 Chicago Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- Gateway Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $906,592 FHA
Previous Owner $127,000 Credit Line Revolving
Previous Owner $478,000 New Conventional
Previous Owner $493,500 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $320,000 New Conventional
Previous Owner $320,000 New Conventional
Previous Owner $198,000 Purchase Money Mortgage
Previous Owner $365,000 Unknown
Previous Owner $35,000 Credit Line Revolving
Previous Owner $296,000 Purchase Money Mortgage
Previous Owner $45,000 Credit Line Revolving
Previous Owner $25,000 Credit Line Revolving
Previous Owner $158,794 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $990,000 +1.5% $672 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
12/12/2024 12/12/24 For Sale $975,000 +194.6% $661 / Sq Ft
08/15/2014 08/15/14 Sold $331,000 +57.6% $273 / Sq Ft
07/01/2014 07/01/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $210,000 -- $173 / 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 $7,400 $603,046 $427,140 $175,906
2024 $7,400 $591,222 $418,765 $172,457
2023 $7,260 $579,630 $410,554 $169,076
2022 $6,925 $568,265 $402,504 $165,761
2021 $6,840 $557,123 $394,612 $162,511
2019 $6,638 $540,600 $382,908 $157,692
2018 $5,267 $422,504 $264,488 $158,016
2016 $5,031 $406,099 $254,218 $151,881
2015 $4,959 $400,000 $250,400 $149,600
2014 $3,279 $252,427 $160,834 $91,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24248512

California Regional Multiple Listing Service (CRMLS)

APN: 2638-027-009