NOT LISTED FOR SALE

1862 Wallace St Simi Valley, CA 93065

West Simi Valley Neighborhood

Estimated Value: $742,000 - $804,000

3 Beds
1.5 Baths
1,058 Sq Ft
$724/Sq Ft Est. Value

Last Sold October 15, 2021

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

Est. 21% increase in value since last sale

Current estimated payment $4,971/month

32 Days on Market

Highlights

  • Corner Lot
  • Breakfast Area or Nook
  • Galley Kitchen
  • Royal High 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

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,069

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

Est. Annual Taxes

$8,069

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
  • Entry Location: Ground Level w/Steps
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter 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

Schools

  • School District: Simi Valley Unified

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%
Total Days on Market
32
Current Estimated Value
$765,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,805
Avg. Annual Appreciation
5.28%
Original Mortgage
$603,250
Outstanding Balance
$556,042
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$209,763

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

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Range of Values:

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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 Change Sq Ft Price
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
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

    24 in this area

    246 Total Sales

    Alex Gandel
    Section Image

  • E

    Buyer's Agent in 2021

    Eileen Caswell

    Equity Union

    (818) 269-8641

    3 in this area

    35 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

This home is located at 1862 Wallace St, Simi Valley, CA 93065 since 09 September 2021 and is currently estimated at $765,805, approximately $723 per square foot. This property was built in 1962. 1862 Wallace St is a home located in Ventura County with nearby schools including Berylwood Elementary School, Hillside Middle School, and Royal High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Ventura County Regional Data Share IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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