NOT LISTED FOR SALE

1501 Silver Shadow Dr Thousand Oaks, CA 91320

Estimated Value: $813,000 - $879,000

3 Beds
2.5 Baths
1,611 Sq Ft
$258/mo HOA Fee

Last Sold July 08, 2024

Last sale price $820,000 $509 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,142/month

41 Days on Market

Highlights

  • Basketball Court
  • Guest Suites
  • Community Basketball Court
  • Banyan Elementary School Rated A
  • Granite Countertops
  • Breakfast Bar

About This Home

As of July 2024

Look no further than this highly desirable end unit condo in the heart of Newbury Park's Oak Terrace neighborhood. As you enter the home, you'll notice the natural light that pours into the very spacious dining area and highlights the beautiful kitchen. With expansive granite countertops, stainless steel appliances, and a large breakfast bar, this kitchen will surely be fun to use. The open concept floor plan leads effortlessly to the main room, where you can cuddle up next to the fireplace after a long day, or open the patio door to tend to your grill. Get ready to expand your living space outside because this large private patio provides even more opportunity to relax and entertain friends. The Primary Suite is light-filled and generous, and the Primary Bathroom has dual sinks, a large soaking tub, and separate shower. Upstairs, you'll also find two more bedrooms, a large laundry room with a sink, a lovely hall bathroom and additional hall cabinet storage. Topping off all the amenities, this condo has a direct access two car garage, making it easy to bring the groceries right into the kitchen. Explore the neighborhood playground, just a short distance from the unit, or go across the street to the basketball court and spend time on the grassy greenbelt, under the majestic Oak trees. This end-unit condo, with its central location, pristine condition, and private patio will not last long. Make it yours today!

Last Agent to Sell the Property

Ashley Ing

Keller Williams Westlake Village License #01856385 Listed on: 05/22/2024

Keller Williams Westlake Village

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2012

Lot Details

  • 4,792

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,611 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

Outdoor Features

  • Basketball Court

Utilities

  • Air Conditioning
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 6600211295

Community Details

Overview

  • Oak Terrace Association, Phone Number (805) 499-7800
  • Oak Terrace Subdivision
  • Property managed by Gold Coast Mgt.
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Amenities

  • Guest Suites

Recreation

  • Community Basketball Court
  • Community Playground

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2012

Lot Details

0

HOA Fees

$258 per month

Parking

2

Listing Details

  • Unit Levels: Two
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2012
  • Entry Level: 1
  • Lot Size Acres: 0.11
  • Subdivision Name: Oak Terrace
  • Directions: From the 101, travel S on Ventu Rd, towards the mountains. Turn RIGHT on Silver Shadow and take the road around to the right, then park in guest parking on the left, near the basketball court. Property is on the corner, across from the basketball court.
  • Building Stories: 2
  • General Property Information:Zoning2: condominium
  • Property Info:View: No
  • Property Info:Pool: No
  • Property Info:Spa: No
  • Property Info:Fireplace: Yes
  • Levels:Two: Yes
  • Cooking Appliances:Microwave: Yes
  • Eating Areas:Dining Area: Yes
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Property Info:Entry Floor Number: 1
  • Cooling Type:Air Conditioning: Yes
  • Cooking Appliances:Oven: Yes
  • Cooking Appliances:Range: Yes
  • Eating Areas:Breakfast CounterBar: Yes
  • Eating Areas:Kitchen Island: Yes
  • Property Info:Senior Community2: No
  • Disclosures:CC R: Yes
  • Security Safety:Carbon Monoxide Detector(s): Yes
  • Security Safety:Smoke Detector: Yes
  • Laundry Locations:Inside: Yes
  • Playing Courts:Basketball: Yes
  • Laundry Locations:Individual Room: Yes
  • Laundry Locations:Upper Level: Yes
  • General Property Information:Property Attached: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher
  • Fireplace Features: Other, Family Room, Gas
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Turnkey, Granite Counters, Kitchen Island
  • Private Spa: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Living Area: 1611.0
  • ResoLivingAreaSource: PublicRecords
  • Kitchen Features:Granite Counters: Yes
  • Fireplace Features:Other15: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Fuel:Gas4: Yes
  • Fireplace Location:Family Room2: Yes
  • Bedroom Features:All Bedrooms Up: Yes
  • Interior Features:Turnkey: Yes

Exterior Features

  • Disclosures: CC & R, Homeowners Association
  • Pool Private: No
  • View: No

Garage/Parking

  • ParkingSpacesInformationRV: No
  • ParkingSpacesInformationTotalGarageSpaces: 2.0
  • Garage Spaces: 2.0
  • Parking Type:Garage: Yes

Utilities

  • Cooling: Air Conditioning
  • Heating Yn: Yes
  • Heating: Forced Air
  • Laundry Features: Individual Room, Inside, Upper Level
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Heating Type:Forced Air: Yes

Condo/Co-op/Association

  • HOAInformationHOA: Yes
  • Association Name: Oak Terrace
  • Association Phone Number: (805) 499-7800
  • Management Company Name: Gold Coast Mgt.
  • Management Company Phone: (818) 384-2299
  • Amenities: Greenbelt/Park, Guest Parking, Playground
  • Community Features: Basketball
  • Pets Allowed: Assoc Pet Rules, Call for Rules
  • Senior Community: No
  • Association Fee: 258
  • Association Fee Frequency: Monthly
  • Association Name: Oak Terrace
  • Phone: 805-499-7800
  • Association: Yes

Association/Amenities

  • Disclosures:Homeowners Association: Yes
  • Association Amenities:GreenbeltPark: Yes
  • Association Pet Rules:Assoc Pet Rules: Yes
  • Association Pet Rules:Call for Rules: Yes
  • Association Amenities:Guest Parking: Yes
  • Association Amenities:Playground: Yes

Lot Info

  • Lot Size Sq Ft: 4914.0
  • Parcel #: 6600211295
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 6, 2024
Sold by
Flowers Jo-Ann
Bought by
Parvaneh Fakharchian Living Trust and Fakharchian
Seller's Agent
Ashley Ing
Keller Williams Westlake Village
List Price
$810,000
Sold Price
$820,000
Premium/Discount to List
$10,000
1.23%
Views
29
Current Estimated Value
$837,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,928
Avg. Annual Appreciation
1.45%
Original Mortgage
$533,000
Outstanding Balance
$524,639
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$313,289

Purchase Details

Closed on
Jul 19, 2012
Sold by
Aldersgate Investments Llc
Bought by
Flowers Joseph M and Flowers Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,030
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Parvaneh Fakharchian Living Trust $820,000 Lawyers Title
Flowers Joseph M $440,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parvaneh Fakharchian Living Trust $533,000
Previous Owner Flowers Joseph M $432,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $820,000 +1.2% $509 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $810,000 -- $503 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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 $6,084 $820,000 $533,000 $287,000
2024 $6,084 $531,191 $265,597 $265,594
2023 $5,899 $520,776 $260,389 $260,387
2022 $5,791 $510,565 $255,283 $255,282
2021 $5,687 $500,554 $250,277 $250,277
2020 $5,257 $495,422 $247,711 $247,711
2019 $5,117 $485,708 $242,854 $242,854
2018 $5,013 $476,186 $238,093 $238,093
2017 $4,914 $466,850 $233,425 $233,425
2016 $4,867 $457,698 $228,849 $228,849
2015 $4,782 $450,824 $225,412 $225,412
2014 $4,714 $441,996 $220,998 $220,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 224001987

Conejo Simi Moorpark Association of REALTORS®

APN: 660-0-211-295