521 Bannister Way Unit B Simi Valley, CA 93065
Wood Ranch NeighborhoodEstimated Value: $760,096 - $789,000
3
Beds
2.5
Baths
1,507
Sq Ft
$469/mo
HOA Fee
Highlights
- Spa
- No Units Above
- Open Floorplan
- Wood Ranch Elementary School Rated A-
- Updated Kitchen
- Spanish Architecture
About This Home
As of October 2021This 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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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
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
Total Days on Market
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,024
Avg. Annual Appreciation
5.13%
Original Mortgage
$125,000
Outstanding Balance
$115,706
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$634,208
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
$115,706
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$634,208
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Simi Valley, CA
Home Values in the Area
Average Home Value in this Area
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 | $378,000 | |
| Previous Owner | Padilla David M | $20,000 | |
| Previous Owner | Padilla David M | $380,000 | |
| Previous Owner | Padilla David M | $339,000 | |
| Previous Owner | Padilla David M | $120,000 | |
| Previous Owner | Padilla David M | $243,000 | |
| 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 | Change | Sq Ft Price |
|---|---|---|---|---|
| 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
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 | $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
-
Chris Williams
Seller's Agent in 2021
Chris Williams
RE/MAX
(818) 694-9000
3 in this area
180 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR21192230
APN: 596-0-151-345
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