NOT LISTED FOR SALE

2862 Waterfall Ln Simi Valley, CA 93065

Central Simi Valley Neighborhood

Estimated Value: $1,201,000 - $1,265,000

5 Beds
3 Baths
2,979 Sq Ft
$415/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $1,050,000 $352 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,504/month

5 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Two Story Ceilings
  • Simi Valley High School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of May 2021

Your private oasis awaits! A rare opportunity to get into nearly 3,000 square feet on a sprawling 10,000 square foot+ lot tucked away in a cul-de-sac. Offering 5 bedrooms, 3 baths (one full bed/bath downstairs), finished 3-car garage and an amazing entertainer's backyard. Huge master suite offers a large walk-in closet, fireplace, oversized double vanity, glass shower and bathtub. Other interior features include engineered hardwood floors throughout (up and down) and towering ceilings in the entryway, formal living and dining room. The palm tree-lined yard features a built-in bbq, pool/spa with water feature, massive lawn for the kids or dog and a large patio with plenty of room to sit around the fire pit. Come take a look at this property and all it has to offer!

Last Agent to Sell the Property

Chad Martinson

Pinnacle Estate Properties Inc License #01827096 Listed on: 04/22/2021

Pinnacle Estate Properties Inc

Co-Listed By

Marcus Shapiro

No Firm Affiliation License #01963500

Last Buyer's Agent

Chad Martinson

Pinnacle Estate Properties Inc License #01827096 Listed on: 04/22/2021

Pinnacle Estate Properties Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 10,338 Sq Ft Lot
  • Cul-De-Sac
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,979 Sq Ft Home
  • 2-Story Property
  • Two Story Ceilings
  • Raised Hearth
  • Gas Fireplace
  • Family Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Double Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Fence Around Pool
  • In Ground Spa

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas

Community Details

  • Custom 4179 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6110050595

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: custom - 4179
  • Zoning: SFR
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6110050595
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2979.00
  • Interior Amenities: High Ceilings, Two Story Ceilings
  • Stories: 2
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Raised Hearth, Gas, Family Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 352.47
  • Room Type: Main Floor Bedroom, Master Suite
  • Spa Features: In Ground
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Pool Features: Fenced, Gas Heat, In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Double Oven, Microwave
  • Heating Type: Natural Gas, Central
  • Laundry Features: Inside
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear, Sprinkler System
  • Lot Size Sq Ft: 10338.00

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10338.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Apr 30, 2021
Sold by
Farnell Deanna L
Bought by
Somogyi Anthony
Seller's Agent
Chad Martinson
Pinnacle Estate Properties Inc
Buyer's Agent
Chad Martinson
Pinnacle Estate Properties Inc
List Price
$949,000
Sold Price
$1,050,000
Premium/Discount to List
$101,000
10.64%
Current Estimated Value
$1,236,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,534
Avg. Annual Appreciation
3.56%
Original Mortgage
$735,000
Outstanding Balance
$666,094
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$570,440

Purchase Details

Closed on
Feb 26, 2007
Sold by
Berman Wayne and Berman Tracy Lee
Bought by
Farnell Deanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,450
Interest Rate
5.84%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 22, 2003
Sold by
Berman Wayne and Berman Tracy Lee
Bought by
Berman Wayne and Berman Tracy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,000
Interest Rate
5.96%

Purchase Details

Closed on
Sep 24, 1997
Sold by
Emerald Heights Simi Valley Lp
Bought by
Berman Wayne and Berman Tracy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
7.06%
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

Date Buyer Sale Price Title Company
Somogyi Anthony $1,050,000 Priority Title Camarillo
Farnell Deanna L $845,000 Fidelity National Title
Berman Wayne -- Investors Title Company
Berman Wayne $338,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somogyi Anthony $735,000
Previous Owner Farnell Deanna L $84,450
Previous Owner Farnell Deanna L $676,000
Previous Owner Berman Wayne $438,000
Previous Owner Berman Wayne $233,000
Closed Berman Wayne $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2021 05/21/21 Sold $1,050,000 +10.6% $352 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $949,000 -- $319 / 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 $13,218 $1,136,553 $738,761 $397,792
2024 $13,218 $1,114,268 $724,275 $389,993
2023 $12,445 $1,092,420 $710,073 $382,347
2022 $12,454 $1,071,000 $696,150 $374,850
2021 $12,140 $1,025,000 $664,000 $361,000
2020 $10,373 $874,000 $566,000 $308,000
2019 $9,981 $863,000 $559,000 $304,000
2018 $10,133 $865,000 $560,000 $305,000
2017 $9,459 $812,000 $526,000 $286,000
2016 $8,534 $748,000 $485,000 $263,000
2015 $8,805 $777,000 $504,000 $273,000
2014 $8,165 $712,000 $462,000 $250,000
Source: Public Records

Agents Affiliated with this Home

  • Chad Martinson

    Seller's Agent in 2021

    Chad Martinson

    Pinnacle Estate Properties Inc

    (818) 309-7807

    4 in this area

    69 Total Sales

    Chad Martinson
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Marcus Shapiro

    No Firm Affiliation

    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: 221002089

Ventura County Regional Data Share

APN: 611-0-050-595

California Ventura County Simi Valley 93065 Central Simi Valley

2862 Waterfall Ln, Simi Valley, CA

Not Listed for Sale

Detached

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