NOT LISTED FOR SALE

8831 Wakefield Ave Panorama City, CA 91402

Estimated Value: $724,000 - $844,000

4 Beds
2 Baths
1,374 Sq Ft
$571/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $500,000 $364 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,760/month

Highlights

  • Maid or Guest Quarters
  • Private Yard
  • Covered Patio or Porch
  • Valley Academy of Arts & Sciences Rated A-
  • No HOA
  • Converted Garage

About This Home

As of April 2018

Wow beautiful guest house with separate entrance and small patio for your relaxation. This unit includes kitchen and one full
bathroom completely remodeled and all utilities included wood flooring newer kitchen recess lighting close to transportation and
stores. Converted garage offers a separate guest house with side entrance, private side yard, kitchen & 3/4 bathroom with
studio floor plan. This unit will not last

Last Agent to Sell the Property

Raquel Magro

Pinnacle Estate Properties, Inc. License #00920540 Listed on: 03/06/2018

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Tom Bradley

Bradley and Associates Real Estate License #01462490

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,948

Year Built

  • Built in 1948

Lot Details

  • 6,205 Sq Ft Lot
  • Block Wall Fence
  • Private Yard
  • Front Yard
  • Property is zoned LAR1

Home Design

  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Combination Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,374 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Tile Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Maid or Guest Quarters
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Converted Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway
  • RV Potential

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 15392
  • Assessor Parcel Number 2639005001

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,948

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: No
  • Zoning: LAR1
  • Architectural Style: Ranch
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2639005001
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1374.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 363.90
  • Room Type: Guest/Maid's Quarters, Kitchen, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Combination
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Brick, Concrete, Covered
  • Pool Private: No
  • Roof: Composition, Flat, Other
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Converted Garage, Driveway - Combination, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 6205.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1201.05
  • Tax Lot: 1
  • Tax Tract Number: 15392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Mar 14, 2018
Sold by
Santos Azucena
Bought by
Moran Pedro and Moran Maria D
Seller's Agent
Roxana Bradley
Bradley and Associates Real Estate
Buyer's Agent
Roxana Bradley
Bradley and Associates Real Estate
Sold Price
$1,200
Current Estimated Value
$784,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,498
Avg. Annual Appreciation
6.33%
Original Mortgage
$450,000
Outstanding Balance
$387,733
Interest Rate
4.43%
Mortgage Type
New Conventional
Estimated Equity
$400,913

Purchase Details

Closed on
Oct 10, 2005
Sold by
Santos Juan R
Bought by
Santos Azucena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 1999
Sold by
Santos Juan R
Bought by
Santos Juan R and Santos Azucena
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
Moran Pedro $500,000 Priority Title Company
Santos Azucena -- North American Title Co
Santos Juan R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moran Pedro $450,000
Previous Owner Santos Azucena $190,000
Previous Owner Santos Juan R $35,000
Previous Owner Santos Juan R $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2019 11/24/19 Rented $1,500 0.0% --
11/24/2019 11/24/19 Under Contract -- -- --
10/07/2019 10/07/19 For Rent $1,500 0.0% --
04/13/2018 04/13/18 Sold $500,000 0.0% $364 / Sq Ft
04/13/2018 04/13/18 Rented $1,200 0.0% --
04/02/2018 04/02/18 Under Contract -- -- --
04/02/2018 04/02/18 For Rent $1,200 0.0% --
03/07/2018 03/07/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $484,600 -- $353 / 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 $6,948 $568,910 $389,135 $179,775
2024 $6,948 $557,755 $381,505 $176,250
2023 $6,815 $546,820 $374,025 $172,795
2022 $6,583 $536,099 $366,692 $169,407
2021 $6,501 $525,588 $359,502 $166,086
2019 $6,310 $510,000 $348,840 $161,160
2018 $2,911 $224,506 $107,291 $117,215
2016 $2,774 $215,790 $103,126 $112,664
2015 $2,735 $212,549 $101,577 $110,972
2014 $2,753 $208,387 $99,588 $108,799
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18051359

California Regional Multiple Listing Service (CRMLS)

APN: 2639-005-001