NOT LISTED FOR SALE

8800 Cedros Ave Unit 212 Panorama City, CA 91402

Estimated Value: $373,000 - $457,000

2 Beds
2 Baths
1,002 Sq Ft
$360/mo HOA Fee

Last Sold February 16, 2021

Last sale price $325,000 $324 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,982/month

296 Days on Market

Highlights

  • 1.12 Acre Lot
  • Community Pool
  • Cooling System Mounted To A Wall/Window
  • Valley Academy of Arts & Sciences Rated A-
  • Walk-In Closet
  • Living Room

About This Home

As of February 2021

Welcome to this Beautifully Remodeled Condo with Fresh Paint an Excellent Floor plan. This unit has been upgraded with Fresh Paint,New Windows, Laminate Flooring throughout the home, Upgraded Kitchen with New Counter tops and a Beautiful Backsplash. The floor plan is Open with plenty of living space and two Large bedrooms. Both Bathrooms have been updated and are spacious. The community is Clean and Well kept with a Swimming Pool, Laundry Room and two assigned parking spaces.

Last Agent to Sell the Property

WILLY BRICK

RE/MAX TOP PRODUCERS License #02037789 Listed on: 03/12/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 1.12

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Parking Available

Interior Spaces

  • 1,002 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 38116
  • Assessor Parcel Number 2653003105

Community Details

Overview

  • 50 Units
  • Lieu Lan Association, Phone Number (818) 810-5717
  • All State HOA

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,280

Year Built

Built in 1977 | Remodeled

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: 951.217.1664
  • Other Phone Number: 951.217.1664
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 2653003105
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1002.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 324.35
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Lieu Lan
  • Phone: 818-810-5717
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: All State

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 48657.00
  • Lot Size Acres: 1.1170

Multi Family

  • Lease Considered: No
  • Lot Size Area: 48657.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1201.03
  • Tax Lot: 1
  • Tax Tract Number: 38116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jan 20, 2021
Sold by
Tahmasebi Morteza
Bought by
Hasan Jabed and Jahan Hasnat
Seller's Agent
WILLY BRICK
RE/MAX TOP PRODUCERS
List Price
$315,000
Sold Price
$325,000
Premium/Discount to List
$10,000
3.17%
Current Estimated Value
$416,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,500
Avg. Annual Appreciation
5.63%
Original Mortgage
$292,500
Outstanding Balance
$261,759
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$154,741

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 5, 2017
Sold by
Miras Mirghiyas Turghan
Bought by
Tahmasebi Morteza
Seller's Agent
Zamire Yueksel
Stanfles Realty
List Price
$224,900
Sold Price
$218,000
Premium/Discount to List
-$6,900
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%
Original Mortgage
$196,200
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 5, 2015
Closed on
Oct 15, 2015
Sold by
2206 Linnington Avenue Llc
Bought by
Miras Mirghiyas Turghan and Miras Asiye Abdurehim
Seller's Agent
Juan Michael
Forward Real Estate
Buyer's Agent
Thomas Matsumura
Help-U-Sell Full Service Realty
List Price
$182,000
Sold Price
$175,000
Premium/Discount to List
-$7,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.63%

Purchase Details

Closed on
Feb 4, 2011
Sold by
Wells Fargo Bank National Association
Bought by
2206 Linnington Avenue Llc

Purchase Details

Closed on
Dec 13, 2010
Sold by
Betancourt Jorge Sanchez and Sanchez Violeta
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Mar 11, 2007
Sold by
Betancourt Jorge Sanchez
Bought by
Betancourt Jorge Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,500
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 16, 2005
Sold by
Sanchez Violeta
Bought by
Betancourt Jorge Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2005
Sold by
Hernandez Ricardo A
Bought by
Betancourt Jorge Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,400
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2004
Sold by
Hernandez Rigoberto
Bought by
Hernandez Ricardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,640
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2002
Sold by
Hernandez Gloria Marina
Bought by
Hernandez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
6.15%

Purchase Details

Closed on
Nov 25, 2002
Sold by
D H D
Bought by
Hernandez Rigoberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,400
Interest Rate
6.15%

Purchase Details

Closed on
Jul 1, 2002
Sold by
Rodriguez Jesse
Bought by
D D H Llc

Purchase Details

Closed on
Jul 31, 2000
Sold by
Rodriguez Norma
Bought by
Rodriguez Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,625
Interest Rate
8.01%

Purchase Details

Closed on
Jan 11, 1996
Sold by
Lin Zi Qing and Huang Ming
Bought by
Tong Yuen Inc
Source: Public Records

Range of Values:

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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
Hasan Jabed $325,000 Chicago Title Company
Tahmasebi Morteza $218,000 Fidelity National Title
Miras Mirghiyas Turghan $175,000 North American Title Company
2206 Linnington Avenue Llc $76,500 Ticor Title
Wells Fargo Bank National Association $77,320 Servicelink
Betancourt Jorge Sanchez -- Ticor Title Tustin Orange Co
Betancourt Jorge Sanchez -- Orange Coast Title
Betancourt Jorge Sanchez $208,000 Orange Coast Title
Hernandez Ricardo A $112,000 Gateway Title
Hernandez Rigoberto -- Equity Title Company
Hernandez Rigoberto $105,000 Equity Title Company
D D H Llc $71,000 --
Rodriguez Jesse -- Old Republic Title Company
Rodriguez Jesse $62,500 Old Republic Title Company
Tong Yuen Inc $70,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasan Jabed $292,500
Previous Owner Tahmasebi Morteza $196,200
Previous Owner Betancourt Jorge Sanchez $207,500
Previous Owner Betancourt Jorge Sanchez $166,400
Previous Owner Hernandez Ricardo A $108,640
Previous Owner Hernandez Rigoberto $94,400
Previous Owner Rodriguez Jesse $60,625
Closed Betancourt Jorge Sanchez $31,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Sold $325,000 +3.2% $324 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
12/31/2020 12/31/20 Price Changed $315,000 0.0% $314 / Sq Ft
12/31/2020 12/31/20 For Sale $315,000 -3.1% $314 / Sq Ft
12/12/2020 12/12/20 Off Market $325,000 -- --
12/12/2020 12/12/20 For Sale $309,000 -4.9% $308 / Sq Ft
12/08/2020 12/08/20 Off Market $325,000 -- --
12/08/2020 12/08/20 For Sale $309,000 -4.9% $308 / Sq Ft
12/04/2020 12/04/20 Off Market $325,000 -- --
11/25/2020 11/25/20 For Sale $309,000 0.0% $308 / Sq Ft
10/17/2020 10/17/20 For Sale $309,000 -4.9% $308 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
10/07/2020 10/07/20 Off Market $325,000 -- --
10/06/2020 10/06/20 For Sale $309,000 -4.9% $308 / Sq Ft
09/22/2020 09/22/20 Off Market $325,000 -- --
09/12/2020 09/12/20 For Sale $309,000 -4.9% $308 / Sq Ft
08/11/2020 08/11/20 Off Market $325,000 -- --
08/11/2020 08/11/20 For Sale $309,000 -4.9% $308 / Sq Ft
07/28/2020 07/28/20 Off Market $325,000 -- --
03/12/2020 03/12/20 For Sale $309,000 +41.7% $308 / Sq Ft
07/24/2017 07/24/17 Sold $218,000 -3.1% $218 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $224,900 +28.5% $224 / Sq Ft
11/04/2015 11/04/15 Sold $175,000 -3.8% $175 / Sq Ft
10/12/2015 10/12/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $182,000 -- $182 / 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 $4,280 $351,789 $208,367 $143,422
2024 $4,280 $344,892 $204,282 $140,610
2023 $4,197 $338,130 $200,277 $137,853
2022 $4,000 $331,500 $196,350 $135,150
2021 $2,822 $229,156 $108,061 $121,095
2020 $2,848 $226,807 $106,953 $119,854
2019 $2,737 $222,360 $104,856 $117,504
2018 $2,715 $218,000 $102,800 $115,200
2016 $2,175 $175,000 $60,700 $114,300
2015 $1,061 $81,547 $15,989 $65,558
2014 $1,072 $79,950 $15,676 $64,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20054674

California Regional Multiple Listing Service (CRMLS)

APN: 2653-003-105