NOT LISTED FOR SALE

8797 Wakefield Ave Panorama City, CA 91402

Estimated Value: $753,000 - $863,000

3 Beds
2 Baths
1,507 Sq Ft
$536/Sq Ft Est. Value

Last Sold September 22, 2016

Last sale price $437,000 $290 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,817/month

Highlights

  • Solar Power System
  • Bonus Room
  • Cooling Available
  • Valley Academy of Arts & Sciences Rated A-
  • No HOA
  • Living Room

About This Home

As of September 2016

This home Is A Fantastic Property In A quite Neighborhood of Panorama City, Featuring 4 Bedrooms, 2 Baths, (Records shows 3 bedrooms) but,, this house actually has 4, Updated kitchen, Many Trees, Living Room, Dining Room, Two car Garage, Excellent for first time buyer, Laundry in family room, Some Newer Windows, This house has Solar panels, Could be Great For Two Families.

System Shows 64 days on the market - but in reality today 7/26/2016 is the first day on the market.

Centrally Located Close To Everything . SHORT DISTANCE TO SCHOOLS, SHOPPING CENTERS, HOSPITAL, FREEWAYS. 5 FWY, 118 FWY, 170 FWY, 210FWY, & 405 FWY.

Last Agent to Sell the Property

Santos Aleman

Santos Aleman Real Estate License #01111649 Listed on: 05/23/2016

Last Buyer's Agent

Apolonio Caceres

San Fernando Realty, Inc. License #01244375

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,160

Year Built

  • Built in 1948

Lot Details

  • 5,811 Sq Ft Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Back and Front Yard
  • Property is zoned R1

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,507 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Family or Dining Combination
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Solar Power System
  • Urban Location
  • Cooling Available

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 100
  • Tax Tract Number 14615
  • Assessor Parcel Number 2639004021

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,160

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2639004021
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1507.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 289.98
  • Room Type: Bonus Room, Family Room, Living Room

Exterior Features

  • Foundation: Slab, Combination, Raised
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban, Valley

Schools

  • School District: Los Angeles Unified

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Paved
  • Lot Size Sq Ft: 5811.00
  • Price Per Lot Square Foot: 75.70

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 100
  • Tax Tract Number: 14615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Sep 1, 2016
Sold by
Cardenas Martin
Bought by
Menjivar William C and Ardon Marleny G
Seller's Agent
Santos Aleman
Santos Aleman Real Estate
Buyer's Agent
Apolonio Caceres
San Fernando Realty, Inc.
List Price
$439,900
Sold Price
$437,000
Premium/Discount to List
-$2,900
-0.66%
Current Estimated Value
$807,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,846
Avg. Annual Appreciation
7.28%
Original Mortgage
$422,415
Outstanding Balance
$336,371
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$485,194

Purchase Details

Closed on
Oct 20, 2006
Sold by
Cardenas Martin
Bought by
Cardenas Martin and Cardenas Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,500
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2002
Sold by
Cardenas Martin
Bought by
Cardenas Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.16%

Purchase Details

Closed on
Jun 3, 1997
Sold by
Nationsbank Of Virginia Na
Bought by
Cardenas Martin and Cardenas Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,395
Interest Rate
7.94%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 1997
Sold by
Deleon Alberto
Bought by
Nationsbank Of Virginia Na and Ryland Mtg Securities Corp Mtg Participa
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
Menjivar William C $437,000 Old Republic Title
Cardenas Martin -- First American Title Co
Cardenas Martin -- Commerce Title
Cardenas Martin $114,000 --
Nationsbank Of Virginia Na $109,900 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menjivar William C $422,415
Previous Owner Cardenas Martin $100,000
Previous Owner Cardenas Martin $169,500
Previous Owner Cardenas Martin $100,000
Previous Owner Cardenas Martin $147,000
Previous Owner Cardenas Martin $113,395
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2016 09/22/16 Sold $437,000 -0.7% $290 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $439,900 -- $292 / 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 $6,160 $507,167 $346,082 $161,085
2024 $6,160 $497,224 $339,297 $157,927
2023 $6,042 $487,476 $332,645 $154,831
2022 $5,762 $477,919 $326,123 $151,796
2021 $5,686 $468,549 $319,729 $148,820
2019 $5,515 $454,654 $310,247 $144,407
2018 $5,415 $445,740 $304,164 $141,576
2016 $2,010 $156,823 $68,506 $88,317
2015 $1,982 $154,468 $67,477 $86,991
2014 $1,998 $151,443 $66,156 $85,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16163037

California Regional Multiple Listing Service (CRMLS)

APN: 2639-004-021