NOT LISTED FOR SALE

1862 Wallace St Simi Valley, CA 93065

West Simi Valley Neighborhood

Estimated Value: $704,000 - $767,000

3 Beds
1.5 Baths
1,058 Sq Ft
$699/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $635,000 $600 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,539/month

32 Days on Market

Highlights

  • Corner Lot
  • Breakfast Area or Nook
  • Galley Kitchen
  • Hillside Middle School Rated A-
  • 2 Car Direct Access Garage
  • Oversized Parking

About This Home

As of October 2021

Original owner, first time on the market, this single-story Simi Park home offers 3 bedrooms, 1.5 baths, 1,058 sq. ft. of living space and sitting on a 7,896 sq. ft. lot with artificial turf in the front yard and an inviting and lush backyard with custom planters, a shed, and more. Loaded with potential and ready for your imagination - come and make this home your own. There is a 2-car oversized garage with laundry hookups, a galley kitchen with a breakfast bar and dining area, a living room with a raised hearth fireplace and a slider to the scenic back backyard with a large covered patio. There are two secondary bedrooms and a hall bathroom with a double-wide shower, a master bedroom with a half bath, and central AC. Convenient to great schools, parks, shopping, restaurants and just a short distance to the 23 and 118 Fwys.

Last Agent to Sell the Property

Alex Gandel

Pinnacle Estate Properties, Inc. License #00779926 Listed on: 09/09/2021

Pinnacle Estate Properties, Inc.

Last Buyer's Agent

Eileen Caswell

Equity Union License #00979092

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 7,896 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Paved or Partially Paved Lot
  • Backyard Sprinklers
  • Back Yard
  • Property is zoned R1-8

Parking

  • 2 Car Direct Access Garage
  • Oversized Parking
  • Parking Storage or Cabinetry
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors

Home Design

  • Stucco

Interior Spaces

  • 1,058 Sq Ft Home
  • 1-Story Property
  • Raised Hearth
  • Gas Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Room
  • Storage
  • Carpet

Kitchen

  • Galley Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Concrete Porch or Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Overhead Utilities

Community Details

  • Simi Park South 170 1000872 Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Simi Park South-170 - 1000872
  • Zoning: R1-8
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1058.00
  • Interior Amenities: Storage
  • Stories: 1
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Raised Hearth, Gas, Living Room
  • Levels: One
  • Price Per Square Foot: 600.19
  • Room Type: All Bedrooms Down, Master Bathroom, Living Room, Master Bedroom, Galley Kitchen
  • Bathroom Features: Walk-In Shower

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Patio And Porch Features: Concrete
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Concrete, Garage - Two Door, Oversized, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooking
  • Heating Type: Natural Gas, Fireplace(s), Forced Air
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard, Landscaped, Paved, Utilities - Overhead, Corner Lot, Sprinklers Manual, Sprinklers In Rear
  • Lot Size Sq Ft: 7896.00

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7896.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Sep 24, 2021
Sold by
Billau Kenneth E and The Kenneth And Patricia Billa
Bought by
Perez Jose B and Medina Mayra
Seller's Agent
Alex Gandel
Pinnacle Estate Properties, Inc.
Buyer's Agent
Eileen Caswell
Equity Union
List Price
$599,900
Sold Price
$635,000
Premium/Discount to List
$35,100
5.85%
Current Estimated Value
$739,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,414
Avg. Annual Appreciation
3.67%
Original Mortgage
$603,250
Outstanding Balance
$548,913
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$190,501

Purchase Details

Closed on
Mar 22, 2002
Sold by
Billau Kenneth Edward and Billau Patricia Ann
Bought by
Billau Kenneth Edward and Billau Patricia Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Perez Jose B $635,000 Consumers Title Company
Billau Kenneth Edward -- --
Billau Kenneth Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Jose B $603,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $635,000 +5.9% $600 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $599,900 -5.5% $567 / Sq Ft
09/14/2021 09/14/21 Off Market $635,000 -- --
09/09/2021 09/09/21 For Sale $599,900 -- $567 / Sq Ft
Source: Ventura County Regional Data Share

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 $8,069 $673,867 $438,280 $235,587
2024 $8,069 $660,654 $429,686 $230,968
2023 $7,591 $647,700 $421,260 $226,440
2022 $7,577 $635,000 $413,000 $222,000
2021 $1,149 $54,256 $18,066 $36,190
2020 $1,100 $53,702 $17,882 $35,820
2019 $1,043 $52,650 $17,532 $35,118
2018 $1,009 $51,619 $17,189 $34,430
2017 $968 $50,607 $16,852 $33,755
2016 $915 $49,616 $16,522 $33,094
2015 $876 $48,873 $16,275 $32,598
2014 $841 $47,917 $15,957 $31,960
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Alex Gandel

    Pinnacle Estate Properties, Inc.

    (805) 522-6788

    19 in this area

    228 Total Sales

    Alex Gandel
    Section Image

  • E

    Buyer's Agent in 2021

    Eileen Caswell

    Equity Union

    (818) 269-8641

    3 in this area

    33 Total Sales

    Eileen Caswell
    Section Image
See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: 221004952

Ventura County Regional Data Share

APN: 640-0-244-115

California Ventura County Simi Valley 93065 West Simi Valley

1862 Wallace St, Simi Valley, CA

Not Listed for Sale

Detached

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