NOT LISTED FOR SALE

525 Bannister Way Unit A Simi Valley, CA 93065

Wood Ranch Neighborhood

Estimated Value: $765,000 - $851,000

3 Beds
2.5 Baths
1,833 Sq Ft
$506/mo HOA Fee

Last Sold September 30, 2022

Last sale price $720,000 $393 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,440/month

73 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Gated Community
  • Wood Ranch Elementary School Rated A-
  • Primary Bedroom Suite
  • Spanish Architecture

About This Home

As of September 2022

Welcome to this absolutely gorgeous, super clean condo in the perfect, private, and quiet Summer Side neighborhood in Wood Ranch. This 3 bedroom 2 1/4 bath, 1833 sq ft, sunny and bright home, boasts pride of ownership throughout. The modern kitchen has upgraded granite countertops with appliances that are less than 6 years old. The kitchen and den open to a beautiful patio for bbq'ing all year round. The loft upstairs is perfect for a library or home office. There is a 2 car garage attached. Close to hiking trails, community pool and spa, and everything else that Wood Ranch has to offer.

Last Listed By

Timothy Harrington

Royal Real Estate License #02084915 Listed on: 06/10/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,173

Year Built

  • Built in 1998

Lot Details

  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Wrought Iron Fence
  • Privacy Fence
  • Chain Link Fence
  • Landscaped
  • Front Yard Sprinklers

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Automatic Gate
  • Guest Parking

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Spanish Tile Roof

Interior Spaces

  • 1,833 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Gas Starter
  • Blinds
  • Window Screens
  • Sliding Doors
  • Panel Doors
  • Family Room with Fireplace
  • Den
  • Loft
  • Carpet
  • Alarm System
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Closet In Bathroom

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Phone Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Tract Number 75
  • Assessor Parcel Number 5960151375

Community Details

Overview

  • Wood Ranch Sycamore Association, Phone Number (805) 329-5050
  • Summerside Coa, Phone Number (805) 329-5050
  • Neighborhood Community Management HOA
  • Summer Side 399 Subdivision

Recreation

  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,173

Year Built

Built in 1998

Lot Details

0

HOA Fees

$506 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Including refrigerator in kitchen. Including TV in den and TV in primary bedroom. Washer and dryer are negotiable. Canopy in backyard is included, bbq and patio furniture are not included.
  • Property Attached: Yes
  • Road Surface Type: Privately Maintained, Paved
  • Security: Automatic Gate, Security System, Smoke Detector(s), Wired for Alarm System, Gated Community, Carbon Monoxide Detector(s), Card/Code Access
  • View: No
  • Architectural Style: Spanish
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5960151375
  • Year Built: 1998
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1833.00 Square Feet
  • Interior Amenities: Recessed Lighting, Granite Counters, Ceiling Fan(s)
  • Stories: 2
  • Entry Location: YES
  • Common Walls: 1 Common Wall, No One Below, No One Above
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors, Panel Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Family Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 14
  • Price Per Square Foot: 414.08
  • Room Type: Den, Master Suite, Master Bathroom, Laundry, Kitchen, All Bedrooms Up, Separate Family Room, Master Bedroom, Loft, Family Room
  • Spa Features: Community, In Ground, Heated
  • Window Features: Screens, Blinds
  • Bathroom Features: Double Sinks In Bath(s), Bathtub, Double Sinks In Master Bath, Closet In Bathroom
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron, Privacy
  • Patio And Porch Features: Concrete
  • Pool Features: Community, In Ground
  • Pool Private: Yes
  • Roof: Spanish Tile
  • Spa: Yes

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Water Connected, Water Available, Underground Utilities, Sewer Connected, Sewer Available, Phone Connected, Phone Available, Natural Gas Available, Electricity Connected, Electricity Available, Cable Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association: Summerside COA
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 123.00
  • Association #2 Fee: 383.00
  • Association #2 Fee Frequency: Monthly
  • Association Fee Frequency: Monthly
  • Association Name: Wood Ranch Sycamore
  • Phone: 805-329-5050
  • Association Phone #2: 805-329-5050
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Neighborhood Community Management

Lot Info

  • Land Lease: No
  • Lot Features: Landscaped, Sprinklers In Front

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Tract: 423900
  • Tax Tract Number: 75.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 30, 2022
Sold by
Dogaieva Iryna
Bought by
Marakhovsky Yuri
Seller's Agent
Timothy Harrington
Royal Real Estate
Buyer's Agent
Timothy Harrington
Royal Real Estate
List Price
$769,000
Sold Price
$720,000
Premium/Discount to List
-$49,000
-6.37%
Total Days on Market
73
Views
10
Current Estimated Value
$804,319

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,319
Avg. Annual Appreciation
5.90%
Original Mortgage
$647,000
Outstanding Balance
$625,329
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$213,355

Purchase Details

Listed on
Jun 10, 2022
Closed on
Aug 25, 2022
Sold by
Susan M Thomas Living Trust
Bought by
Marakhovsky Yuri and Marakhovsky Michael
Seller's Agent
Timothy Harrington
Royal Real Estate
Buyer's Agent
Timothy Harrington
Royal Real Estate
List Price
$769,000
Sold Price
$720,000
Premium/Discount to List
-$49,000
-6.37%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,000
Outstanding Balance
$625,329
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$213,355

Purchase Details

Closed on
Jun 13, 2006
Sold by
Thomas Susan M
Bought by
The Susan M Thomas Living Trust and Thomas Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,800
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 3, 2000
Sold by
Grossini Dennis J
Bought by
Thomas Susan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,200
Interest Rate
3.95%

Purchase Details

Closed on
May 22, 1998
Sold by
Summerside Development Llc
Bought by
Grossini Dennis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,100
Interest Rate
7.13%

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 Buyer Sale Price Title Company
Marakhovsky Yuri -- Priority Title
Marakhovsky Yuri $720,000 Priority Title
The Susan M Thomas Living Trust -- Accommodation
Thomas Susan M $278,000 Progressive Title Company
Grossini Dennis J $212,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marakhovsky Yuri $647,000
Previous Owner Thomas Susan M $500,800
Previous Owner Thomas Susan M $62,600
Previous Owner Thomas Susan M $490,000
Previous Owner Thomas Susan M $46,264
Previous Owner Thomas Susan M $410,400
Previous Owner Thomas Susan M $346,800
Previous Owner Thomas Susan M $320,428
Previous Owner Thomas Susan M $40,645
Previous Owner Thomas Susan M $250,200
Previous Owner Grossini Dennis J $201,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $720,000 -5.1% $393 / Sq Ft
07/07/2022 07/07/22 Price Changed $759,000 -1.3% $414 / Sq Ft
06/10/2022 06/10/22 For Sale $769,000 -- $420 / Sq Ft
Source: Ventura County Regional Data Share

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
2024 $5,173 $418,877 $167,552 $251,325
2023 $4,866 $410,664 $164,266 $246,398
2022 $4,778 $402,612 $161,045 $241,567
2021 $4,825 $394,718 $157,887 $236,831
2020 $4,730 $390,672 $156,269 $234,403
2019 $4,511 $383,012 $153,205 $229,807
2018 $4,478 $375,502 $150,201 $225,301
2017 $4,383 $368,140 $147,256 $220,884
2016 $4,189 $360,922 $144,369 $216,553
2015 $4,105 $355,502 $142,201 $213,301
2014 $4,069 $348,540 $139,416 $209,124
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Timothy Harrington

    Royal Real Estate

    (805) 990-2891

    1 in this area

    8 Total Sales

    Timothy Harrington
    Section Image
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Map

Source: Ventura County Regional Data Share

MLS Number: V1-13019

Ventura County Regional Data Share

APN: 596-0-151-375

California Ventura County Simi Valley 93065 Wood Ranch

525 Bannister Way Unit A, Simi Valley, CA

Homes for Sale in Simi Valley, CA

This home is located at 525 Bannister Way Unit A, Simi Valley, CA 93065 since 10 June 2022 and is currently estimated at $804,319, approximately $438 per square foot. This property was built in 1998. 525 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.

Ventura County Regional Data Share 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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