NOT LISTED FOR SALE

8900 Wakefield Ave Panorama City, CA 91402

Estimated Value: $829,655 - $928,000

3 Beds
2 Baths
1,580 Sq Ft
$551/Sq Ft Est. Value

Last Sold September 30, 2017

Last sale price $560,000 $354 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,603/month

7 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard
  • Valley Academy of Arts & Sciences Rated A-
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2017

THIS LOVELY 3 BEDROOMS AND 1.75 BATHROOMS WITH A GUEST HOUSE IS LOCATED IN A PEACEFUL PANORAMA CITY AREA. DOUBLE DETACHED GARAGE HAS BEEN REMODELED TO A GUEST HOUSE. PROPERTY HAS BEEN RECENTLY REMODELED: KITCHEN AND BATHROOMS WITH BEAUTIFUL MARBLE COUNTERS, COMBINATION OF LAMINATED AND CERAMIC TILE FLOORING, GORGEOUS DEN WITH BEAUTIFUL WET BAR, UPDATED CLOSETS, LANDSCAPING, PARTIAL RECESSED LIGHTING, NEW WINDOWS, LONG DRIVEWAY THAT CAN FIT AT LEAST 5 CARS. RENTAL RATES IN THIS AREA ARE AVERAGING $3000 FOR 3 BEDROOMS, FRONT UNIT, AND $1300 FOR THE BACK UNIT. GREAT INVESTMENT OPPORTUNITY! THE CAP COULD BE ALMOST 8% IF FRONT AND BACK PROPERTIES ARE SUCCESSFULLY RENTED.

Last Agent to Sell the Property

Nick Ananyan

Titus Realty, Inc. License #01320968 Listed on: 08/08/2017

Last Buyer's Agent

Nick Ananyan

Titus Realty, Inc. License #01320968 Listed on: 08/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,776

Year Built

  • Built in 1948

Lot Details

  • 5,985 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR1

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Dining Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 5 Parking Spaces
  • 5 Carport Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 117
  • Tax Tract Number 14615
  • Assessor Parcel Number 2639015004

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,776

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 2639015004
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1580.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 354.43
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Unknown
  • 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
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5985.00

Multi Family

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

Tax Info

  • Tax Census Tract: 1199.00
  • Tax Lot: 117
  • Tax Tract Number: 14615

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Aug 18, 2017
Sold by
Hernandez Juan C and Hernandez Rosa
Bought by
Kotukyan Angela Angie
Seller's Agent
Nick Ananyan
Titus Realty, Inc.
Buyer's Agent
Nick Ananyan
Titus Realty, Inc.
List Price
$559,000
Sold Price
$560,000
Premium/Discount to List
$1,000
0.18%
Current Estimated Value
$897,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,106
Avg. Annual Appreciation
5.79%
Original Mortgage
$549,857
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2016
Sold by
Hernandez Rosa and Hernandez Juan C
Bought by
Hernandez Juan C and Hernandez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,100
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 6, 2013
Closed on
Oct 22, 2013
Sold by
Sepna Llc
Bought by
Hernandez Juan C and Valenzuela Rosa
Seller's Agent
Minerva Miranda
VIP RE Firm
Buyer's Agent
Nick Ananyan
Titus Realty, Inc.
List Price
$399,000
Sold Price
$420,000
Premium/Discount to List
$21,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$412,392
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 30, 2012
Closed on
Mar 15, 2013
Sold by
Pennymac Loan Trust 2010-Npl1
Bought by
Sepna Llc
Seller's Agent
Diane Ross
No Firm Affiliation
Buyer's Agent
Diane Ross
No Firm Affiliation
List Price
$354,900
Sold Price
$306,000
Premium/Discount to List
-$48,900
-13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.29%

Purchase Details

Closed on
Feb 18, 1994
Sold by
Palmer Joy C
Bought by
Triplett Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,613
Interest Rate
7.59%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 1994
Sold by
Triplett Anthony
Bought by
Bribiesca Jose and Bribiesca Angelica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,613
Interest Rate
7.59%
Mortgage Type
FHA
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
Kotukyan Angela Angie $560,000 Lawyers Title Company
Hernandez Juan C -- Orange Coast Title Company
Hernandez Juan C $420,000 Ticor Title Company
Sepna Llc $306,000 Ticor Title Riverside
Triplett Anthony -- American Title Insurance Co
Bribiesca Jose $149,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kotukyan Angela A $78,578
Previous Owner Kotukyan Angela Angie $549,857
Previous Owner Hernandez Juan C $399,100
Previous Owner Hernandez Juan C $412,392
Previous Owner Bribiesca Jose $50,000
Previous Owner Bribiesca Jose $211,260
Previous Owner Bribiesca Jose $30,000
Previous Owner Bribiesca Jose $181,521
Previous Owner Bribiesca Jose $60,000
Previous Owner Bribiesca Jose $120,613
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2017 09/30/17 Sold $560,000 +0.2% $354 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $559,000 +33.1% $354 / Sq Ft
10/29/2013 10/29/13 Sold $420,000 +5.3% $266 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
09/06/2013 09/06/13 Price Changed $399,000 0.0% $253 / Sq Ft
09/06/2013 09/06/13 For Sale $399,000 -6.1% $253 / Sq Ft
08/17/2013 08/17/13 Pending -- -- --
07/29/2013 07/29/13 For Sale $425,000 +38.9% $269 / Sq Ft
04/05/2013 04/05/13 Sold $306,000 -13.8% $194 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $354,900 -- $225 / 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 $7,776 $637,178 $378,781 $258,397
2024 $7,776 $624,685 $371,354 $253,331
2023 $7,627 $612,437 $364,073 $248,364
2022 $7,273 $600,430 $356,935 $243,495
2021 $7,181 $588,658 $349,937 $238,721
2019 $6,968 $571,200 $339,558 $231,642
2018 $6,926 $560,000 $332,900 $227,100
2016 $5,301 $434,922 $227,609 $207,313
2015 $5,224 $428,390 $224,191 $204,199
2014 $5,665 $420,000 $219,800 $200,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17182405

California Regional Multiple Listing Service (CRMLS)

APN: 2639-015-004