NOT LISTED FOR SALE

500 Bannister Way Unit C Simi Valley, CA 93065

Wood Ranch Neighborhood

Estimated Value: $693,147 - $777,000

2 Beds
2 Baths
1,300 Sq Ft
871 Sq Ft Lot

Last Sold April 30, 2018

Last sale price $495,000 $381 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,422/month

Highlights

  • In Ground Pool
  • 2 Car Attached Garage
  • Walk-In Closet
  • Wood Ranch Elementary School Rated A-
  • Eat-In Kitchen
  • Bathtub with Shower

About This Home

As of April 2018

Rare single-story condo in Wood Ranch. Located in the gated Summerside community at the top of Wood Ranch, this 2 bedroom unit offers the feel of a private home with the convenience of a condo. Situated as an end unit, there are unobstructed views of the surrounding open space from every window and both patios. With tons of natural light in the living room and dining room, a cozy fireplace, and a spacious eat-in kitchen...you can make yourself right at home. The unit also features laundry in unit, an attached two car garage, built in closet organizers, and a generous second bedroom and guest bath. This is a very quiet complex with a lovely pool and close access to hiking trails. We are also located near award winning Wood Ranch Elementary school as well as the Ronald Reagan Presidential Library. Come see this lovely home before it's gone!!!

Last Agent to Sell the Property

Gregg Bruno

Keller Williams Westlake Village License #01302345 Listed on: 03/30/2018

Keller Williams Westlake Village

Last Buyer's Agent

Kristen Ostrander

Beverly and Company Inc. License #01868334

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,569

Year Built

  • Built in 1992

Lot Details

  • Wrought Iron Fence
  • Block Wall Fence
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Single Garage Door
  • Driveway

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Sliding Doors
  • Family Room with Fireplace
  • Dining Area
  • Laundry in unit
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool
  • Fence Around Pool
  • Spa Fenced

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Air Conditioning
  • Municipal Utilities District Water

Listing and Financial Details

  • Assessor Parcel Number 5960151205
  • $600 Seller Concession

Community Details

Overview

  • Property has a Home Owners Association
  • Summerside Hoa/Wood Ranch Sycamore Village HOA
  • Summerside 399 Subdivision
  • Property managed by First Service Residential
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,569

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Unit Levels: One
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1992
  • Lot Size Acres: 0.02
  • Subdivision Name: Summerside-399
  • Building Stories: 1
  • General Property Information:Zoning2: RPD1.29
  • Property Info:View: Yes
  • Property Info:Pool: Yes
  • Property Info:Spa: Yes
  • Property Info:Fireplace: Yes
  • Cooking Appliances:Microwave: Yes
  • Eating Areas:Dining Area: Yes
  • Doors:Sliding Glass Door(s): Yes
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Levels:One: Yes
  • Flooring:Laminated: Yes
  • Cooling Type:Air Conditioning: Yes
  • Cooling Type:Ceiling Fan(s): Yes
  • Eating Areas:Eat In Kitchen: Yes
  • Pool Construction:In Ground: Yes
  • Laundry Locations:Area in Unit: Yes
  • Sprinklers:Sprinkler System: Yes
  • Fencing:Block Wall: Yes
  • Cooking Appliances:Oven: Yes
  • Eating Areas:Breakfast CounterBar: Yes
  • Pool Description:Community Pool: Yes
  • Spa Construction:In Ground2: Yes
  • Sewer:Public Sewer: Yes
  • Spa Description:Community: Yes
  • Disclosures:CC R: Yes
  • Water:DistrictPublic: Yes
  • Patio Features:Concrete Slab3: Yes
  • Fencing:Wrought Iron: Yes
  • Patio Features:Patio Open: Yes
  • Pool Description:Fenced2: Yes
  • General Property Information:Property Attached: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Garbage Disposal, Trash Compactor
  • Entry Location: {"Ground Level - No Steps":true}
  • Fireplace Features: Other
  • Flooring: Carpet, Ceramic Tile, Laminated
  • Stories: 1
  • Spa Features: Community, Fenced
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Glass Door(s)
  • Fireplace: Yes
  • Living Area: 1300.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Garbage Disposal: Yes
  • Fireplace Features:Other15: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Location:Family Room2: Yes
  • Fireplace Fuel:Gas Starter: Yes
  • Bedroom Features:Master Bedroom: Yes
  • Kitchen Features:Tile Counters: Yes
  • Bathroom Features:Shower Tub: Yes
  • Bedroom Features:Walk-In Closet: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Disclosures: CC & R, Homeowners Association
  • Fencing: Block Wall, Wrought Iron
  • Pool Features: Community Pool, Fenced
  • Pool Private: Yes
  • View: Yes
  • Patio And Porch Features: Concrete Slab, Patio Open

Garage/Parking

  • ParkingSpacesInformationRV: No
  • ParkingSpacesInformationTotalGarageSpaces: 2.0
  • Garage Spaces: 2.0
  • Parking Type:Garage Attached: Yes
  • Parking Type:Garage: Yes
  • Parking Type:Garage - 1 Door: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning, Ceiling Fan(s)
  • Laundry Features: Area in Unit
  • Water Source: District/Public

Condo/Co-op/Association

  • HOAInformationHOA: Yes
  • HOAInformationHOAFee2: 113.0
  • Association Name: Summerside HOA/Wood Ranch Sycamore Village HOA
  • Management Company Name: First Service Residential
  • Management Company Phone: (805) 778-0740
  • Management Company Name2: The Emmons Co
  • Management Company Phone2: (805) 413-1170
  • Amenities: Greenbelt/Park, Maintains Landscape
  • Condo Co-Op Fee: 345.0
  • Pets Allowed: Call for Rules
  • Association Fee Frequency: Monthly
  • Association Name: Summerside HOA/Wood Ranch Sycamore Village HOA
  • Association: Yes

Association/Amenities

  • Disclosures:Homeowners Association: Yes
  • Association Amenities:GreenbeltPark: Yes
  • Association Pet Rules:Call for Rules: Yes
  • Association Amenities:Maintains Landscape: Yes

Lot Info

  • Lot Size Sq Ft: 912.0
  • Parcel #: 5960151205
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2025
Sold by
Loncto Peter and Loncto Nancy
Bought by
Loncto Family Living Trust and Loncto
Current Estimated Value
$730,787

Purchase Details

Listed on
Mar 30, 2018
Closed on
Apr 6, 2018
Sold by
Oyama Neal
Bought by
Loneto Peter and Loneto Nancy
Seller's Agent
Gregg Bruno
Keller Williams Westlake Village
Buyer's Agent
Kristen Ostrander
Beverly and Company Inc.
List Price
$495,000
Sold Price
$495,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$470,250
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2003
Sold by
Montes Luis R Gines
Bought by
Oyama Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2000
Sold by
Andrea Ackmann
Bought by
Montes Luis R Gines

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
7.75%

Purchase Details

Closed on
Dec 15, 1995
Sold by
Ventura Summerside Ltd Partnership
Bought by
Gerber Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
7.1%
Source: Public Records

Range of Values:

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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
Loncto Family Living Trust -- None Listed On Document
Loneto Peter $495,000 None Available
Oyama Neal $356,000 Fidelity National Title Co
Montes Luis R Gines $243,000 American Title Co
Gerber Andrea $139,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loneto Peter $470,250
Previous Owner Oyama Neal $150,000
Previous Owner Montes Luis R Gines $182,250
Previous Owner Gerber Andrea $111,200
Closed Montes Luis R Gines $48,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2018 04/30/18 Sold $495,000 0.0% $381 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
03/30/2018 03/30/18 For Sale $495,000 -- $381 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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 $6,569 $563,220 $366,380 $196,840
2024 $6,569 $552,177 $359,196 $192,981
2023 $6,179 $541,350 $352,152 $189,198
2022 $6,172 $530,736 $345,247 $185,489
2021 $6,142 $520,330 $338,478 $181,852
2020 $6,026 $514,997 $335,008 $179,989
2019 $5,748 $504,900 $328,440 $176,460
2018 $5,161 $444,834 $222,417 $222,417
2017 $5,052 $436,112 $218,056 $218,056
2016 $4,457 $393,000 $198,000 $195,000
2015 $4,239 $375,000 $189,000 $186,000
2014 $3,987 $348,000 $175,000 $173,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 218003694

Conejo Simi Moorpark Association of REALTORS®

APN: 596-0-151-205