NOT LISTED FOR SALE

521 Bannister Way Unit B Simi Valley, CA 93065

Wood Ranch Neighborhood

Estimated Value: $742,863 - $781,000

3 Beds
2.5 Baths
1,507 Sq Ft
$469/mo HOA Fee

Last Sold October 05, 2021

Last sale price $625,000 $415 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,167/month

Highlights

  • Spa
  • No Units Above
  • Open Floorplan
  • Wood Ranch Elementary School Rated A-
  • Updated Kitchen
  • Spanish Architecture

About This Home

As of October 2021

This delightful Wood Ranch 3 bedroom, 2.5 bathroom home offers lots of privacy in a serene setting with mountain views in the gated community of Summerside. This bright & open 1,507 sq ft floor plan boasts smooth soaring ceilings with recessed lighting, large rectangular tile flooring down stairs, designer carpets upstairs. Living room with built-in media niche and cozy fireplace with mantle. This great room feel is so comfortable and inviting! Newer beautiful kitchen with maple cabinets and quartz counter tops, sweet breakfast bar and cozy breakfast nook too. Formal Dining Area also. This great home shows like a model home! The master bedroom features a walk-in closet and a large bathroom with double sink, enclosed shower and separate soaking tub! The bathroom is very spacious, the closet is generous in size. The backyard offers tranquil pool, spa & garden views and is within walking distance to Wood Ranch trailhead! 2 car attached garage with direct access to the kitchen. A good amount of guest parking within steps of the unit. This is a must see, move In ready.
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Last Agent to Sell the Property

Chris Williams

RE/MAX One License #00688014 Listed on: 09/02/2021

RE/MAX One

Last Buyer's Agent

Chris Williams

RE/MAX One License #00688014 Listed on: 09/02/2021

RE/MAX One

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,654

Year Built

  • Built in 1998

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls
  • Wrought Iron Fence

HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Automatic Gate

Home Design

  • Spanish Architecture
  • Turnkey
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,507 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Double Pane Windows
  • Entryway
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Pots and Pans Drawers
  • Self-Closing Cabinet Doors

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Patio

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 254 / 10
  • Tax Tract Number 423900
  • Assessor Parcel Number 5960151345

Community Details

Overview

  • 50 Units
  • Association Phone (805) 329-5050
  • Community Management HOA
  • Summer Side Subdivision

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,654

Year Built

Built in 1998

Lot Details

0

HOA Fees

$469 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Ad Number: Chris
  • Other Phone Description: 8186949000
  • Property Attached: Yes
  • Security: Automatic Gate
  • Subdivision Name Other: Summer Side (399)
  • View: No
  • Zoning: RPD1.29
  • Architectural Style: Spanish
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5960151345
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1507.00 Square Feet
  • Interior Amenities: High Ceilings, Open Floorplan
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 414.73
  • Room Type: Entry, Kitchen, Laundry, Living Room, Walk-In Closet
  • Spa Features: Private
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath
  • Room Kitchen Features: Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Self-Closing Cabinet Doors, Stone Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 356.00
  • Association #2 Fee: 113.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Neighborhood
  • Phone: 805-329 5050
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Community Management

Schools

  • School District: Simi Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1507.00
  • Lot Size Acres: 0.0346

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1507.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 50

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 75.06
  • Tax Lot: 254
  • Tax Tract Number: 423900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Oct 5, 2021
Sold by
Lynn Stitt Rhae
Bought by
Rhae Lynn Stitt Revocable Living Trust
Seller's Agent
Chris Williams
RE/MAX One
Buyer's Agent
Chris Williams
RE/MAX One
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$765,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,716
Avg. Annual Appreciation
5.17%
Original Mortgage
$125,000
Outstanding Balance
$113,741
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$651,975

Purchase Details

Listed on
Sep 2, 2021
Closed on
Sep 18, 2021
Sold by
Vance Connie and Rhae Lynn Stitt
Bought by
Charles And Barbara Roberts Family Trust
Seller's Agent
Chris Williams
RE/MAX One
Buyer's Agent
Chris Williams
RE/MAX One
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$113,741
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$651,975

Purchase Details

Closed on
Aug 12, 2011
Sold by
Atherton Enterprises Inc
Bought by
Stitt Rhae Lynn and Rhae Lynn Stitt Revocable Livi

Purchase Details

Closed on
Jul 22, 2011
Sold by
Padilla David M and Padilla Valerie D
Bought by
Atherton Enterprises Inc

Purchase Details

Closed on
Sep 26, 2001
Sold by
Inouye Eric A and Inouye Yvonne M
Bought by
Padilla David M and Padilla Valerie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.57%

Purchase Details

Closed on
Sep 22, 2000
Sold by
Inouye Eric A and Vargas Yvonne M
Bought by
Inouye Eric A and Inouye Yvonne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
7.98%

Purchase Details

Closed on
May 18, 1998
Sold by
Summerside Development Llc
Bought by
Inouye Eric A and Vargas Yvonne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,700
Interest Rate
7.17%
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
Rhae Lynn Stitt Revocable Living Trust -- --
Charles And Barbara Roberts Family Trust $625,000 Fidelity National Title Co
Rhae Lynn Stitt Revocable Living Trust -- --
Stitt Rhae Lynn $340,000 Fidelity National Title
Atherton Enterprises Inc $285,500 None Available
Padilla David M $288,000 United Title Company
Inouye Eric A -- Fidelity National Title Co
Inouye Eric A $193,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Charles And Barbara Roberts Family Trust $125,000
Previous Owner Padilla David M $216,000
Previous Owner Inouye Eric A $97,000
Previous Owner Inouye Eric A $154,700
Closed Inouye Eric A $38,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $625,000 0.0% $415 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $625,000 -- $415 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,654 $663,255 $430,852 $232,403
2024 $7,654 $650,250 $422,403 $227,847
2023 $7,199 $637,500 $414,120 $223,380
2022 $7,197 $625,000 $406,000 $219,000
2021 $4,745 $394,524 $197,263 $197,261
2020 $4,650 $390,482 $195,242 $195,240
2019 $4,433 $382,826 $191,414 $191,412
2018 $4,399 $375,320 $187,661 $187,659
2017 $4,304 $367,962 $183,982 $183,980
2016 $4,112 $360,748 $180,375 $180,373
2015 $4,028 $355,330 $177,666 $177,664
2014 $3,991 $348,372 $174,187 $174,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21192230

California Regional Multiple Listing Service (CRMLS)

APN: 596-0-151-345