$775,000
SOLD MAR 26, 2025

508 Bannister Way Unit C Simi Valley, CA 93065

Wood Ranch Neighborhood
3 Beds
2.5 Baths
1,507 Sq Ft
$580/mo HOA Fee

Recently Sold

$514 Per Sq Ft

3% Above List Price

17 Days on Market

Highlights

  • In Ground Pool
  • Peek-A-Boo Views
  • Cathedral Ceiling
  • Wood Ranch Elementary School Rated A-
  • Engineered Wood Flooring
  • Covered patio or porch

About This Home

As of March 2025

FANTASTIC Condominium in the GATED & sought-after community of Summerside in Wood Ranch! Located in the southwest-most section of Simi Valley near the beautiful Reagan Presidential Library, this home is nestled in the GORGEOUS & more newly built planned community of Wood Ranch - a coveted area replete with superb homes, parks, underground utilities, hiking trails & beautiful hills, and QUICK/easy access to the 23/118 freeway! Nestled in a great location in the complex, the charming walking path leads you to the Entry where you are immediately WOWED by the ABUNDANCE of natural light and TALL & Vaulted ceilings! The Living / Dining Room is BRIGHT from a myriad of large windows and features SOARING tall & vaulted ceilings, MODERN vinyl-plank flooring, an inviting gas fireplace, and sliding glass door to the backyard. The neighboring Kitchen boasts NEWLY reglazed tile countertops, a roomy kitchen eating area, upgraded vinyl-plank flooring, and BRAND-NEW stainless-steel GE appliances including a GE 5-burner gas range with a central griddle! A powder room is ready for accommodating guests and the the Stairwell enjoys BRAND NEW carpeting, tall windows to VIEWS of trees & local hills, and a built-in desk area. The Primary Bedroom is SPACIOUS & BRIGHT from large windows which have beautiful VIEWS of the nearby trees, and enjoys BRAND-NEW carpet as well as a deep WALK-IN closet. Your en-suite primary bathroom highlights a dual-sink vanity, upgraded plank vinyl flooring, a grand soaking tub, and shower with BRAND-NEW frameless glass shower door & enclosure! Two secondary bedrooms rest adjacent to the primary and offer great family/guest living space, providing a continuation of brand-new carpet, closets with sliding wardrobe doors, big windows, and utilize the upstairs Hall Bathroom which has tub shower. Outside, the Backyard enjoys beautiful, mature TREES as its rear neighbor and showcases CITRUS trees, attractive concrete stepping stones, and a concrete patio. The home's 2-Car Garage is DIRECTLY accessible and is complete with FINISHED ceilings & walls and built-in storage cabinetry. You will love your community POOL & SPA facility (which includes restrooms & outdoor showers!), your WALKABILITY to Wood Ranch Elementary School & Wood Ranch park, and your CLOSE Proximity to STELLAR hiking/biking trailheads and the Wood Ranch Country Club!

Last Agent to Sell the Property

The Dave Walter Team

Pinnacle Estate Properties, Inc. License #00936806 Listed on: 02/24/2025

Pinnacle Estate Properties, Inc.

Co-Listed By

Max Walter

Pinnacle Estate Properties, Inc. License #02112661

Last Buyer's Agent

Joanne Wade

The ONE Luxury Properties License #01313431

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,572

Year Built

  • Built in 1998

Lot Details

  • Private Streets
  • Northwest Facing Home
  • Fenced Yard
  • Wrought Iron Fence
  • Stucco Fence
  • Back Yard

HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Peek-A-Boo
  • Mountain
  • Hills

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,507 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Sliding Doors
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher
  • Tile Countertops

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa
  • Outdoor Pool

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Furnace
  • Municipal Utilities District Water

Listing and Financial Details

  • Assessor Parcel Number 5960151235
  • $30,375 Seller Concession
  • Seller Will Consider Concessions

Community Details

Overview

  • Summerside 399 Subdivision
  • Property managed by Emmons
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,572

Year Built

Built in 1998

Lot Details

0

HOA Fees

$580 per month

Parking

2

Listing Details

  • Unit Levels: Two
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1998
  • Entry Level: 1
  • Lot Size Acres: 0.03
  • Co List Office Mls Id: CB3145001
  • Co List Office Phone: 805-222-6000
  • Subdivision Name: Summerside-399
  • Building Stories: 2
  • General Property Information:Zoning2: RPD1.29
  • Property Info:View: Yes
  • Property Info:Pool: Yes
  • Property Info:Spa: Yes
  • Property Info:Fireplace: Yes
  • Levels:Two: Yes
  • Cooking Appliances:Microwave: Yes
  • Eating Areas:Dining Area: Yes
  • Doors:Sliding Glass Door(s): Yes
  • Exterior Construction:Stucco: Yes
  • Foundation:Concrete Slab: Yes
  • Flooring:Carpet: Yes
  • View Type:Mountain View: Yes
  • Flooring:WoodWood Like: Yes
  • Cooling Type:Central AC: Yes
  • Property Info:Entry Floor Number: 1
  • Cooling Type:Air Conditioning: Yes
  • General Property Information:Construction Status: Unknown
  • Pool Construction:In Ground: Yes
  • Lot Description:Fenced Yard: Yes
  • Lot Description:Yard: Yes
  • Spa Construction:In Ground2: Yes
  • Sewer:Public Sewer: Yes
  • Rooms:Family Room3: Yes
  • Windows:Double Pane Windows: Yes
  • Property Info:Senior Community2: No
  • Disclosures:CC R: Yes
  • Lot Description:Fenced: Yes
  • Roofing:Tile4: Yes
  • Water:DistrictPublic: Yes
  • Patio Features:Concrete Slab3: Yes
  • View Type:Hills View: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Front of House Faces:House Faces North: Yes
  • Fencing:Wrought Iron: Yes
  • Patio Features:Patio Open: Yes
  • Lot Description:Back Yard: Yes
  • Rooms:Dining Room: Yes
  • Patio Features:Covered: Yes
  • Front of House Faces:House Faces West: Yes
  • Eating Areas:Breakfast Area: Yes
  • Rooms:Walk-In Closet2: Yes
  • Lot Description:Street Private: Yes
  • Other Property Features:High Ceilings 9 Ft: Yes
  • Patio Features:Slab2: Yes
  • View Type:Any View: Yes
  • Fencing:Stucco Wall: Yes
  • Cooking Appliances:GasElectric Range: Yes
  • Rooms:Entry: Yes
  • View Type:Peek-A-Boo View: Yes
  • General Property Information:Property Attached: Yes
  • General Property Information:ADU YN2: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Washer
  • Entry Location: Ground Level w/Steps
  • Fireplace Features: Other, Living Room, Gas
  • Flooring: Carpet, Wood/Wood Like
  • Interior Amenities: Cathedral/Vaulted, High Ceilings (9 Ft+), Recessed Lighting, Tile Counters, Walk-In Closet(s)
  • Stories: 2
  • Spa Features: Association Spa, In Ground
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Glass Door(s)
  • Fireplace: Yes
  • Living Area: 1507.0
  • Window Features: Double Pane Windows
  • ResoLivingAreaSource: PublicRecords
  • Fireplace Location:Living Room3: Yes
  • Fireplace Features:Other15: Yes
  • Appliances Dishwasher: Yes
  • Fireplace Fuel:Gas4: Yes
  • Bedroom Features:All Bedrooms Up: Yes
  • Kitchen Features:Counter Top: Yes
  • Kitchen Features:Tile Counters: Yes
  • Bathroom Features:Shower Tub: Yes
  • Bathroom Features:Tile: Yes
  • Bedroom Features:Walk-In Closet: Yes
  • Bathroom Features:Double Vanity(s): Yes
  • Interior Features:CathedralVaulted: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:High Ceilings (9 Ft): Yes

Exterior Features

  • Disclosures: CC & R, Homeowners Association
  • Fencing: Stucco Wall, Wrought Iron
  • View: Any View, Hills View, Mountain View
  • Lot Features: Back Yard, Fenced, Fenced Yard, Street Asphalt, Street Paved, Street Private
  • Pool Features: Association Pool
  • Pool Private: Yes
  • View: Yes
  • Construction Type: Stucco
  • Foundation Details: Concrete Slab, Slab
  • Patio And Porch Features: Concrete Slab, Covered, Covered Porch, Patio Open, Porch, Porch - Front, Porch - Rear, Slab
  • Roof: Tile
  • Patio Features:Covered Porch: Yes
  • Patio Features:Porch: Yes
  • Patio Features:Porch - Front: Yes
  • Patio Features:Porch - Rear: Yes

Garage/Parking

  • Parking Features: Attached
  • ParkingSpacesInformationRV: No
  • ParkingSpacesInformationTotalGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Laundry Locations:In Garage: Yes
  • Parking Type:Garage Attached: Yes
  • Parking Type:Garage: Yes
  • Parking Features:Driveway - Concrete: Yes
  • Parking Features:Driveway: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning, Central A/C
  • Heating Yn: Yes
  • Heating: Central Furnace, Forced Air
  • Laundry Features: In Garage
  • Water Source: District/Public
  • Heating Type:Forced Air: Yes
  • Heating Type:Central Furnace: Yes

Condo/Co-op/Association

  • HOAInformationHOA: Yes
  • Management Company Name: Emmons
  • Management Company Phone: 805-413-1170
  • Amenities: Greenbelt/Park, Other
  • Senior Community: No
  • Association #2 Fee: 130.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Disclosures:Homeowners Association: Yes
  • Association Amenities:Other29: Yes
  • Pool Description:Association Pool: Yes
  • Association Amenities:GreenbeltPark: Yes
  • Spa Description:Association Spa: Yes

Green Features

Lot Info

  • Lot Size Sq Ft: 1507.0
  • Parcel #: 5960151235
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Mar 13, 2025
Sold by
Kahn Family Trust and Kahn Robert L
Bought by
Dagostino Matthew and Dagostino Angelica
Seller's Agent
The Dave Walter Team
Pinnacle Estate Properties, Inc.
Buyer's Agent
Joanne Wade
The ONE Luxury Properties
List Price
$750,000
Sold Price
$775,000
Premium/Discount to List
$25,000
3.33%
Views
6
Current Estimated Value
$766,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,334
Avg. Annual Appreciation
-3.04%
Original Mortgage
$620,000
Outstanding Balance
$617,896
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$148,770

Purchase Details

Closed on
Aug 3, 2005
Sold by
Kahn Robert L
Bought by
Kahn Robert L and Kahn Debra L

Purchase Details

Closed on
Feb 17, 1998
Sold by
Kahn Debra L
Bought by
Kahn Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.58%

Purchase Details

Closed on
Feb 11, 1998
Sold by
Summerside Development Llc
Bought by
Kahn Robert L and Kahn Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
6.58%
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 Type Sale Price Title Company
Grant Deed $775,000 Priority Title
Interfamily Deed Transfer -- --
Gift Deed -- --
Grant Deed $175,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $620,000 New Conventional
Previous Owner $122,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2025 03/26/25 Sold $775,000 +3.3% $514 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
02/24/2025 02/24/25 For Sale $750,000 -- $498 / 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 $3,572 $279,475 $112,072 $167,403
2024 $3,572 $273,996 $109,875 $164,121
2023 $3,358 $268,624 $107,721 $160,903
2022 $3,339 $263,357 $105,608 $157,749
2021 $3,309 $258,194 $103,538 $154,656
2020 $3,237 $255,548 $102,477 $153,071
2019 $3,084 $250,538 $100,468 $150,070
2018 $3,055 $245,627 $98,499 $147,128
2017 $2,985 $240,812 $96,568 $144,244
2016 $2,851 $236,091 $94,675 $141,416
2015 $2,788 $232,546 $93,253 $139,293
2014 $2,763 $227,992 $91,427 $136,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 225000827

Conejo Simi Moorpark Association of REALTORS®

APN: 596-0-151-235