NOT LISTED FOR SALE

514 Bannister Way Unit A Simi Valley, CA 93065

Wood Ranch Neighborhood

Estimated Value: $810,000 - $859,000

3 Beds
2.5 Baths
1,820 Sq Ft
$462/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $760,000 $418 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,850/month

14 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Updated Kitchen
  • Wood Ranch Elementary School Rated A-
  • View of Trees or Woods
  • End Unit

About This Home

As of March 2022

Fantastic 3 bed / 3 bath 1820 sf home. This wonderful Wood Ranch Townhouses an end unit with only one wall attached and in the desirable summer side tract. Located in gated community in prestigious Wood Ranch. Open floor plan and bright. Partially upgraded the house and Quartz counter top in kitchen. All windows with plantation shutters. Nice size backyard with low maintenance with hill side view. The property sells as-is condition.

Last Agent to Sell the Property

Soo Kim

Rite Properties License #01258902 Listed on: 02/10/2022

Last Buyer's Agent

Brandon Krausen

Allison James Estates & Homes License #01398618

Allison James Estates & Homes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,284

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 1,735 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Wrought Iron Fence
  • Sprinkler System
  • Density is 2-5 Units/Acre

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener

Interior Spaces

  • 1,820 Sq Ft Home
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room
  • Views of Woods
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rear Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Earthquake Insurance Required
  • Assessor Parcel Number 5960151255

Community Details

Overview

  • Master Insurance
  • Neighborhood Management Co. Association, Phone Number (805) 329-5050
  • Sycamore Canyon Association, Phone Number (805) 413-1170
  • Summer Side 399 Subdivision
  • Maintained Community

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,284

Year Built

Built in 1998 | Remodeled

Lot Details

0

HOA Fees

$506 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: RPD1.29
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5960151255
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1820.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 401.04
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Living Room
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Trees/Woods
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Rear Porch
  • Pool Features: Community
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Water Heater, Water Line to Refrigerator
  • Heating Type: Fireplace(s), Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Sycamore Canyon
  • Amenities: Earthquake Insurance, Insurance, Maintenance Grounds, Pool, Spa/Hot Tub, Trash
  • Association Fee: 383.00
  • Association #2 Fee: 123.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Neighborhood Management Co.
  • Phone: 805-329-5050
  • Association Phone #2: 805-413-1170
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 1735.00
  • Lot Size Acres: 0.0398

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1735.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 23, 2022
Sold by
Suk Kwon Oh and Suk Bum Myung
Bought by
Abid Fahim and Essa Sitara
Seller's Agent
Soo Kim
Rite Properties
Buyer's Agent
Brandon Krausen
Allison James Estates & Homes
List Price
$729,900
Sold Price
$760,000
Premium/Discount to List
$30,100
4.12%
Current Estimated Value
$827,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,467
Avg. Annual Appreciation
2.41%
Original Mortgage
$529,200
Outstanding Balance
$497,466
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$326,151

Purchase Details

Closed on
Oct 21, 2005
Sold by
Kwon Oh Suk
Bought by
Kwon Oh Suk and Lee Myung Bum

Purchase Details

Closed on
Aug 2, 2005
Sold by
Lee Myung Bum
Bought by
Kwon Oh Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,355
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2005
Sold by
Fleming Elizabeth E
Bought by
Kwon Oh Suk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,355
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 2004
Sold by
Nino Robert V and Nino Elizabeth P
Bought by
Nino Robert and Nino Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,791
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2003
Sold by
Nino Robert V and Nino Elizabeth P
Bought by
Nino Robert and Nino Elizabeth P

Purchase Details

Closed on
Dec 28, 1999
Sold by
Nino Robert V and Nino Elizabeth P
Bought by
Fleming Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
9.5%

Purchase Details

Closed on
Nov 11, 1999
Sold by
Nino Robert V and Nino Elizabeth P
Bought by
Fleming Elizabeth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
9.5%

Purchase Details

Closed on
Feb 11, 1998
Sold by
Summerside Development Llc
Bought by
Nino Robert and Nino Elizabeth P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,950
Interest Rate
9.62%
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
Abid Fahim $760,000 Provident Title
Kwon Oh Suk -- Equity Title
Kwon Oh Suk -- Chicago Title Co 72
Kwon Oh Suk $576,000 Chicago Title Co 72
Fleming Elizabeth E -- Chicago Title Co 72
Nino Robert -- Financial Title Company
Nino Robert -- --
Fleming Elizabeth -- Fidelity National Title
Fleming Elizabeth -- Fidelity National Title
Fleming Elizabeth E -- --
Nino Robert $200,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abid Fahim $529,200
Previous Owner Kwon Oh Suk $309,000
Previous Owner Kwon Oh Suk $300,000
Previous Owner Kwon Oh Suk $518,355
Previous Owner Fleming Elizabeth E $518,355
Previous Owner Nino Robert $405,791
Previous Owner Nino Robert $325,000
Previous Owner Nino Robert $291,200
Previous Owner Fleming Elizabeth $208,000
Previous Owner Nino Robert $179,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $760,000 +4.1% $418 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $729,900 0.0% $401 / Sq Ft
10/05/2016 10/05/16 Rented $2,700 0.0% --
10/05/2016 10/05/16 Under Contract -- -- --
09/06/2016 09/06/16 For Rent $2,700 +8.0% --
07/01/2014 07/01/14 Rented $2,500 0.0% --
06/02/2014 06/02/14 Under Contract -- -- --
05/14/2014 05/14/14 For Rent $2,500 -- --
Source: Pasadena-Foothills 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 $9,284 $806,518 $524,238 $282,280
2024 $9,284 $790,704 $513,958 $276,746
2023 $8,735 $775,200 $503,880 $271,320
2022 $7,589 $661,000 $430,000 $231,000
2021 $6,772 $577,000 $376,000 $201,000
2020 $6,269 $537,000 $350,000 $187,000
2019 $6,417 $567,000 $370,000 $197,000
2018 $6,127 $533,000 $348,000 $185,000
2017 $6,094 $531,000 $347,000 $184,000
2016 $5,593 $499,000 $326,000 $173,000
2015 $4,849 $432,000 $282,000 $150,000
2014 $4,583 $403,000 $263,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Soo Kim

    Rite Properties

    (818) 808-5501

    1 in this area

    4 Total Sales

    Section Image
  • Brandon Krausen

    Buyer's Agent in 2022

    Brandon Krausen

    Allison James Estates & Homes

    (818) 207-6155

    1 in this area

    48 Total Sales

    Section Image
  • Jinny Park Macfarlane

    Seller's Agent in 2016

    Jinny Park Macfarlane

    Real Estate eBroker, Inc.

    (213) 595-2056

    8 Total Sales

    Section Image

  • L

    Buyer's Agent in 2016

    Lindsay Tattersall

    Tattersall Real Estate

    (818) 825-8884

    1 in this area

    25 Total Sales

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-8248

Pasadena-Foothills Association of REALTORS®

APN: 596-0-151-255

California Ventura County Simi Valley 93065 Wood Ranch

514 Bannister Way Unit A, Simi Valley, CA

This home is located at 514 Bannister Way Unit A, Simi Valley, CA 93065 since 10 February 2022 and is currently estimated at $841,306, approximately $462 per square foot. This property was built in 1998. 514 Bannister Way Unit A 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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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