NOT LISTED FOR SALE

2355 Royal Ave Simi Valley, CA 93065

Central Simi Valley Neighborhood

Estimated Value: $611,000 - $662,461

0.25 Acre
$2,518,176 Price per Acre
11,060 Sq Ft Lot

Last Sold December 09, 2022

Last sale price $565,000 $1,177 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,882/month

14 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Back and Front Yard
  • Hillside Middle School Rated A-
  • Level Lot

About This Lot

As of December 2022

A great place to start or invest!! This cute 480 square foot home is located on a large level 11,060 square foot lot! Features include 1 bedroom, 1 bathroom, laundry area, new wood flooring, new carpet, new water heater, dual pane energy efficient windows, new interior and exterior paint, covered patio, mature tangerine and lemon trees, huge 840 square foot storage shed, and lots of paved parking!!! Great for SB 9 or SB 10! Possible lot split and build ADUs! With AB 2097 it looks like you can eliminate parking minimums near transit. Centrally located in the heart of Simi Valley, close to Rancho Simi Park, restaurants, and grocery stores! Property being sold for land value.

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 09/27/2022

Last Buyer's Agent

Yaniv Shemesh

Brad Korb Real Estate Group License #02164542

Property Details

Property Type

  • Land

Lot Details

  • 0.25 Acre Lot
  • Level Lot
  • Back and Front Yard
  • Property is zoned RM-3.11

Property Views

  • Mountain Views

Listing and Financial Details

  • Assessor Parcel Number 6380046170

Community Details

Overview

  • No Home Owners Association
  • Royal Palce Att Subdivision

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Subdivision Name Other: Royal Palce ATT (337)
  • View: Yes
  • Zoning: RM-3.11
  • Property Type: Land
  • Parcel Number: 6380046170
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 51.08

Exterior Features

  • View: Mountain(s)

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Size Sq Ft: 11060.00
  • Lot Size Acres: 0.2539

Multi Family

  • Lot Size Area: 11060.0000 Square Feet

Tax Info

  • Tax Census Tract: 80.04

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2022
Closed on
Oct 13, 2022
Sold by
Manley Carle T
Bought by
Mellinger James and Mellinger Jagger
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Yaniv Shemesh
Brad Korb Real Estate Group
List Price
$539,935
Sold Price
$565,000
Premium/Discount to List
$25,065
4.64%
Views
117
Current Estimated Value
$639,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,365
Avg. Annual Appreciation
4.11%
Original Mortgage
$480,250
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1996
Sold by
Peotter Dale E
Bought by
Peotter Dale Eugene and Manley Carle T
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
Mellinger James $565,000 Ticor Title
Peotter Dale Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mellinger James $480,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2022 12/09/22 Sold $565,000 +4.6% $1,177 / Sq Ft
12/08/2022 12/08/22 Price Changed $539,935 -5.3% $1,125 / Sq Ft
10/11/2022 10/11/22 Price Changed $569,965 +5.6% $1,187 / Sq Ft
09/27/2022 09/27/22 For Sale $539,935 -- $1,125 / 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 $6,470 $587,826 $382,347 $205,479
2024 $6,470 $576,300 $374,850 $201,450
2023 $6,095 $565,000 $367,500 $197,500
2022 $1,598 $145,034 $104,244 $40,790
2021 $1,595 $142,191 $102,200 $39,991
2020 $1,570 $140,735 $101,153 $39,582
2019 $1,503 $137,976 $99,170 $38,806
2018 $1,497 $135,272 $97,226 $38,046
2017 $1,469 $132,620 $95,320 $37,300
2016 $1,408 $130,020 $93,451 $36,569
2015 $1,385 $128,070 $92,049 $36,021
2014 $1,372 $125,563 $90,247 $35,316
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2022

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    2 in this area

    354 Total Sales

    Brad Korb
    Section Image

  • Y

    Buyer's Agent in 2022

    Yaniv Shemesh

    Brad Korb Real Estate Group

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB22206204

California Regional Multiple Listing Service (CRMLS)

APN: 638-0-046-170

California Ventura County Simi Valley 93065 Central Simi Valley

2355 Royal Ave, Simi Valley, CA

Not Listed for Sale

Lots

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