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
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 2025FANTASTIC 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
Pinnacle Estate Properties, Inc. License #00936806
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
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%
Total Days on Market
17
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.65%
Original Mortgage
$620,000
Outstanding Balance
$619,479
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$138,925
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%
Map
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Similar Homes in Simi Valley, CA
Home Values in the Area
Average Home Value in this Area
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
| 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 |
|---|---|---|---|---|
| 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
Source: Conejo Simi Moorpark Association of REALTORS®
MLS Number: 225000827
APN: 596-0-151-235
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