NOT LISTED FOR SALE

488 Bannister Way Unit B Simi Valley, CA 93065

Wood Ranch Neighborhood

Estimated Value: $818,359 - $825,000

3 Beds
2 Baths
1,835 Sq Ft
$448/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $729,000 $397 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,730/month

26 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Wood Flooring
  • Wood Ranch Elementary School Rated A-
  • Updated Kitchen
  • Views

About This Home

As of June 2022

Welcome to this beautifully remodeled single-level Wood Ranch townhouse in the quiet gated Summerside community. This move-in ready corner unit offers a large two-car garage and amazing views! At over 1830 square feet, this unit has been upgraded with new wood-like floors throughout, remodeled kitchen with quartz countertops, herringbone backsplash and new appliances, new bathroom vanities, modern light fixtures, stacked-stone fireplace and new interior paint throughout. The primary suite offers a large walk-in closet and down the hall you'll find the conveniently located interior laundry (washer/dryer included). Enjoy the community pool/spa just around the corner and the nearby hiking trails, parks and schools!

Last Agent to Sell the Property

Chad Martinson

Pinnacle Estate Properties Inc License #01827096 Listed on: 04/29/2022

Pinnacle Estate Properties Inc

Co-Listed By

Marcus Shapiro

Pinnacle Estate Properties, Inc. License #01963500

Last Buyer's Agent

Jeannette Tahmassian

City Center Realty Group License #01913645

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,927

Year Built

  • Built in 1992 | Remodeled

Lot Details

  • 1,835 Sq Ft Lot

HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 1,835 Sq Ft Home
  • 2-Story Property
  • Raised Hearth
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room
  • Property Views

Kitchen

  • Updated Kitchen
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 5960151115

Community Details

Overview

  • Summerside HOA, Phone Number (805) 329-5050
  • Neighborhood Community Management HOA
  • Summer Side 399 1004512 Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,927

Year Built

Built in 1992 | Remodeled

Lot Details

0

HOA Fees

$506 per month

Parking

2

Listing Details

  • Inclusions: Washer/Dryer
  • Property Attached: Yes
  • Security: Card/Code Access, Gated Community
  • View: Yes
  • Zoning: RPD1.29
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5960151115
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1835.00
  • Interior Amenities: Pantry
  • Stories: 2
  • Entry Location: Top Level
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Raised Hearth, Gas, Living Room
  • Levels: Two
  • Price Per Square Foot: 397.28
  • Spa Features: In Ground, Association
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave, Range
  • Heating Type: Natural Gas, Central
  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 383.00
  • Association #2 Fee: 123.00
  • Association Fee Frequency: Monthly
  • Association Name: Summerside HOA
  • Phone: 8053295050
  • Senior Community: No
  • Association Management: Neighborhood Community Management

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 1835.00
  • Lot Size Acres: 0.0421

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1835.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 5, 2022
Sold by
Reinvest Capital Partners Llc
Bought by
Setto Amanda Jane
Seller's Agent
Chad Martinson
Pinnacle Estate Properties Inc
Buyer's Agent
Jeannette Tahmassian
City Center Realty Group
List Price
$729,000
Sold Price
$729,000
Current Estimated Value
$822,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,090
Avg. Annual Appreciation
2.73%
Original Mortgage
$248,000
Outstanding Balance
$235,985
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$559,409

Purchase Details

Closed on
Nov 2, 2021
Sold by
Gold Joshua Todd and The Turner Living Trust
Bought by
Reinvest Capital Partners Llc

Purchase Details

Closed on
Apr 19, 2010
Sold by
Turner Angelina
Bought by
Turner Angelina N and The Turner Living Trust

Purchase Details

Closed on
Jun 7, 2002
Sold by
Hamberlin James E
Bought by
Buxton Samuel W and Buxton Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,200
Interest Rate
6.7%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Laity Lloyd Spencer and Laity Lois Jean
Bought by
Turner Angelina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,900
Interest Rate
2.9%

Purchase Details

Closed on
Feb 15, 1996
Sold by
Ventura Summerside Ltd Partnership
Bought by
Hamberlin James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7%
Source: Public Records

Range of Values:

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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
Setto Amanda Jane $729,000 Provident Title
Reinvest Capital Partners Llc $525,000 Provident Title Company
Turner Angelina N -- None Available
Buxton Samuel W $295,000 First American Title Ins Co
Turner Angelina $240,000 American Title Co
Hamberlin James E $145,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Setto Amanda Jane $248,000
Previous Owner Turner Angelina N $330,000
Previous Owner Turner Angelina $367,000
Previous Owner Turner Angelina $361,000
Previous Owner Turner Angelina $317,000
Previous Owner Turner Angelina $27,200
Previous Owner Turner Angelina $266,000
Previous Owner Buxton Samuel W $280,200
Previous Owner Turner Angelina $242,900
Previous Owner Turner Angelina $191,900
Previous Owner Hamberlin James E $116,000
Closed Turner Angelina $39,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $729,000 0.0% $397 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $729,000 -- $397 / 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 $8,927 $773,620 $503,012 $270,608
2024 $8,927 $758,451 $493,149 $265,302
2023 $8,400 $743,580 $483,480 $260,100
2022 $4,254 $354,445 $141,773 $212,672
2021 $4,223 $347,496 $138,994 $208,502
2020 $4,136 $343,935 $137,570 $206,365
2019 $3,942 $337,192 $134,873 $202,319
2018 $3,909 $330,581 $132,229 $198,352
2017 $3,822 $324,100 $129,637 $194,463
2016 $3,651 $317,746 $127,096 $190,650
2015 $3,575 $312,975 $125,188 $187,787
2014 $3,541 $306,846 $122,737 $184,109
Source: Public Records

Agents Affiliated with this Home

  • Chad Martinson

    Seller's Agent in 2022

    Chad Martinson

    Pinnacle Estate Properties Inc

    (818) 309-7807

    3 in this area

    73 Total Sales

    Chad Martinson
    Section Image
  • Marcus Shapiro

    Seller Co-Listing Agent in 2022

    Marcus Shapiro

    Pinnacle Estate Properties, Inc.

    (818) 653-9852

    1 in this area

    48 Total Sales

    Marcus Shapiro
    Section Image
  • Jeannette Tahmassian

    Buyer's Agent in 2022

    Jeannette Tahmassian

    City Center Realty Group

    (818) 813-3932

    1 in this area

    5 Total Sales

    Jeannette Tahmassian
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: 222001987

Ventura County Regional Data Share

APN: 596-0-151-115

California Ventura County Simi Valley 93065 Wood Ranch

488 Bannister Way Unit B, Simi Valley, CA

This home is located at 488 Bannister Way Unit B, Simi Valley, CA 93065 since 29 April 2022 and is currently estimated at $822,090, approximately $448 per square foot. This property was built in 1992. 488 Bannister Way Unit B is a home located in Ventura County with nearby schools including Wood Ranch Elementary School, Sinaloa 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.

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