NOT LISTED FOR SALE

8900 Wakefield Ave Panorama City, CA 91402

Estimated Value: $803,000 - $890,000

3 Beds
2 Baths
1,580 Sq Ft
$529/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2017

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

Est. 49% increase in value since last sale

Current estimated payment $5,166 / mo

7 Days on Market

Highlights

  • No HOA
  • Back Yard
  • 1-Story Property
  • Central Heating and Cooling System

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

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 in unit

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

Year Built

Built in 1948

Lot Details

5,985 Sq Ft Lot

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
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Aug 18, 2017
Sold by
Bought by
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
$836,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,245
Avg. Annual Appreciation
4.70%
Original Mortgage
$549,857
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 2016
Sold by
Bought by

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
Bought by
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
5.59%
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
Bought by
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
Bought by

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
Bought by

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 Lawyers Title Company
-- Orange Coast Title Company
$420,000 Ticor Title Company
$306,000 Ticor Title Riverside
-- American Title Insurance Co
$149,000 American Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $549,857
Previous Owner $399,100
Previous Owner $412,392
Previous Owner $120,613
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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 View Prior Sale
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,901 $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

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