NOT LISTED FOR SALE

8863 Katherine Ave Panorama City, CA 91402

Estimated Value: $837,000 - $962,000

4 Beds
2 Baths
1,684 Sq Ft
$522/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $627,500 $373 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,381/month

Highlights

  • Private Yard
  • No HOA
  • Central Air
  • Valley Academy of Arts & Sciences Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of November 2020

Wonderful home full of character in a great Panorama City neighborhood! Tons of potential in this meticulously maintained, well laid out home. Inside you will find a formal living room area flowing into your dining room, perfect for hosting friends and family over for holiday dinners. A large family room to the back of the house with direct access to your private backyard. Family room comes equipped with a large brick fireplace plus a large concrete seating space, classic golden trim, exposed wood beams, floor to ceiling bookshelf, and an elegant sconce. A good portion of the home has original wood floors that are exposed or underneath the carpet. All four bedrooms are generous in size with an abundance of closet space. Both bathrooms have a shower and each are located conveniently on separate parts of the home. The kitchen is bright and functional, with potential for expanding for even more cabinet and counter space! Exit the family room into the backyard where you’ll find a space that is exquisitely designed for comfort and entertaining. Beautiful landscaping with orange and grapefruit trees create an environment that will make you forget where you are. Investors delight, this house comes with a detached 2 car Garage with a possibility to convert into an ADU or guest house! If you are looking for something special, this house is for you.

Last Agent to Sell the Property

David Soibatian

Park Regency Realty License #01953913 Listed on: 10/07/2020

Park Regency Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,332

Year Built

  • Built in 1948

Lot Details

  • 6,102 Sq Ft Lot
  • Front Yard Sprinklers
  • Private Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage

Interior Spaces

  • 1,684 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 147
  • Tax Tract Number 14615
  • Assessor Parcel Number 2639015015

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,332

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2639015015
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1684.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 372.62
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Sprinklers In Front, Yard
  • Lot Size Sq Ft: 6102.00
  • Lot Size Acres: 0.1401

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6102.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1199.00
  • Tax Lot: 147
  • Tax Tract Number: 14615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Oct 21, 2020
Sold by
Pyle Gloria R and The Gloria R Pyle Trust
Bought by
Nunez Jonathan and Cebanas Cristina
Seller's Agent
David Soibatian
Park Regency Realty
List Price
$599,000
Sold Price
$627,500
Premium/Discount to List
$28,500
4.76%
Current Estimated Value
$879,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,185
Avg. Annual Appreciation
6.86%
Original Mortgage
$502,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2004
Sold by
Pyle Gloria R
Bought by
Pyle Gloria R and Gloria R Pyle 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
Nunez Jonathan $627,500 Lawyers Title
Pyle Gloria R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nunez Jonathan $486,100
Closed Nunez Jonathan $502,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $627,500 +4.8% $373 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $599,000 -- $356 / 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 $8,332 $679,223 $474,970 $204,253
2024 $8,332 $665,906 $465,657 $200,249
2023 $8,173 $652,850 $456,527 $196,323
2022 $7,797 $640,050 $447,576 $192,474
2021 $7,698 $627,500 $438,800 $188,700
2020 $1,204 $80,640 $33,594 $47,046
2019 $1,167 $79,060 $32,936 $46,124
2018 $1,087 $77,511 $32,291 $45,220
2016 $1,020 $74,503 $31,038 $43,465
2015 $1,006 $73,385 $30,572 $42,813
2014 $1,018 $71,949 $29,974 $41,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20207699

California Regional Multiple Listing Service (CRMLS)

APN: 2639-015-015