NOT LISTED FOR SALE

8800 Kester Ave Unit 118 Panorama City, CA 91402

Estimated Value: $494,000 - $519,000

2 Beds
3 Baths
1,453 Sq Ft
$250/mo HOA Fee

Last Sold October 14, 2021

Last sale price $410,000 $282 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,404/month

5 Days on Market

Highlights

  • In Ground Pool
  • 2.82 Acre Lot
  • Spanish Architecture
  • Valley Academy of Arts & Sciences Rated A-
  • Living Room with Fireplace
  • 5-minute walk to Sepulveda Recreation Center

About This Home

As of October 2021

Beautiful two-story townhouse with 2 beds, 3 baths in a very nice well maintained small complex. LOW HOA fees and a beautiful community pool. There is a large private two car garage, with access to your front yard patio. The open floor plan has a combined living room and dining area with a fireplace on the first floor with a large sized patio in the back. The Upstairs has two large bedrooms and both have their own bathrooms. Also located upstairs are the laundry and dryer Hook ups. This home has lots of closet space, the master even has a walk in closet. The location is great for families it is across the street from a lovely park, children's play area, and within short distance to schools.

Last Agent to Sell the Property

Behrang Brian Golbad

BlackStone Brokerage Group, Inc. License #01805385 Listed on: 09/02/2021

Last Buyer's Agent

Gabriela Salazar

Century 21 Allstars License #01727875

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,362

Year Built

  • Built in 1973

Lot Details

  • 2.82

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Spanish Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,453 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Breakfast Area or Nook
  • Laundry on upper level

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2653-005-055

Community Details

Overview

  • 40 Units
  • Association Phone (818) 974-0227

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,362

Year Built

Built in 1973

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: Please call Daniella 310-760-2121 to schedule showings and please email Pre-Approvals and Proof of Funds to daniella@bankersgroup.us prior to showings.
  • Complex Name: Rancho Panorama
  • Entry Floor: 1
  • Living Area: 1453
  • Lot Acreage: 2.8248
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 1
  • Year Built: 1973
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area
  • Laundry: On Upper Level
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 274.60

Exterior Features

  • Pool Description: Fenced, Association Pool
  • Pool: Yes
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 250.00
  • Phone: 8189740227|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 2653-005-055
  • Lot Size Area: 123050

Multi Family

  • Number Of Units: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Sep 27, 2021
Sold by
Dechristofaro Susan
Bought by
Ayala Andres R and Velasquez Aimee Joyce
Seller's Agent
Behrang Brian Golbad
BlackStone Brokerage Group, Inc.
Buyer's Agent
Gabriela Salazar
Century 21 Allstars
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Current Estimated Value
$507,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,952
Avg. Annual Appreciation
5.60%
Original Mortgage
$389,500
Outstanding Balance
$355,958
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$152,018

Purchase Details

Closed on
Jun 10, 2021
Sold by
Dechristofaro Susan and The Margaret Reeves Living Tru
Bought by
Dechristofaro Susan

Purchase Details

Closed on
Feb 8, 2006
Sold by
Reeves Margaret
Bought by
The Margaret Reeves Living Trust
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
Ayala Andres R $410,000 Provident Title Company
Dechristofaro Susan -- Provident Title Company
The Margaret Reeves Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Andres R $389,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $410,000 +2.8% $282 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $399,000 -- $275 / 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 $5,362 $435,093 $268,591 $166,502
2024 $5,362 $426,563 $263,325 $163,238
2023 $5,260 $418,200 $258,162 $160,038
2022 $5,017 $410,000 $253,100 $156,900
2021 $2,236 $170,920 $69,368 $101,552
2020 $2,254 $169,168 $68,657 $100,511
2019 $2,172 $165,852 $67,311 $98,541
2018 $2,096 $162,601 $65,992 $96,609
2016 $1,989 $156,289 $63,431 $92,858
2015 $1,961 $153,943 $62,479 $91,464
2014 $1,975 $150,929 $61,256 $89,673
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-779642

The MLS

APN: 2653-005-055