550 Lorabel Way Unit C Simi Valley, CA 93065
Wood Ranch NeighborhoodEstimated Value: $722,000 - $774,000
3
Beds
2.5
Baths
1,347
Sq Ft
$457/mo
HOA Fee
Highlights
- Primary Bedroom Suite
- Gated Community
- Quartz Countertops
- Wood Ranch Elementary School Rated A-
- Updated Kitchen
- Community Pool
About This Home
As of September 2017This recently remodeled 3 bed / 2.5 bath condo is located in the gated community of Summerside in Wood Ranch. Fully remodeled kitchen completed in Aug. 2016 includes custom cabinets, fireclay farm sink, recessed lighting, quartz counters & glass tile backsplash all accented by under cabinet LED
lighting. Upgraded wood like flooring throughout the first level which features a cozy fireplace & remodeled half bath. All 3 bedrooms are upstairs. Large master suite features a walk-in closet, dual sinks and a large tub with separate freestanding shower. Other amenities include plantation shutters throughout, ceiling fans in every bedroom, Nest Learning thermostat, 2 car garage & pet friendly backyard. Walking distance to Long Canyon Hiking Trail as well as highly acclaimed, award winning elementary school! HOA's cover community Pool, gated entry & well-maintained landscaping throughout the subdivision.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,576
Year Built
- Built in 1998
Lot Details
- Two or More Common Walls
- Back Yard
HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Guest Parking
Home Design
- Spanish Tile Roof
Interior Spaces
- 1,347 Sq Ft Home
- 2-Story Property
- Recessed Lighting
- Plantation Shutters
- Living Room with Fireplace
Kitchen
- Updated Kitchen
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
Laundry
- Laundry Room
- Laundry in Garage
Home Security
Outdoor Features
- Patio
- Exterior Lighting
Schools
- Wood Ranch Elementary School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 254
- Tax Tract Number 4239
- Assessor Parcel Number 5960151525
Community Details
Overview
- Summerside Association, Phone Number (909) 981-4131
- Sycamore Canyon Village Association, Phone Number (805) 413-1170
Recreation
- Community Pool
- Community Spa
Security
- Gated Community
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 14, 2017
Closed on
Nov 2, 2017
Sold by
Smith Susan Elaine
Bought by
Smith Susan Elaine and Sues Trust
Seller's Agent
Jay Ravnikar
The Agency
Buyer's Agent
Rey Dela Cruz
Real Estate eBroker, Inc.
List Price
$509,000
Sold Price
$495,500
Premium/Discount to List
-$13,500
-2.65%
Total Days on Market
37
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
$252,150
Avg. Annual Appreciation
5.15%
Purchase Details
Listed on
Jul 14, 2017
Closed on
Aug 24, 2017
Sold by
Jenkins Thomas and Jenkins Ashley
Bought by
Smith Susan Elaine
Seller's Agent
Jay Ravnikar
The Agency
Buyer's Agent
Rey Dela Cruz
Real Estate eBroker, Inc.
List Price
$509,000
Sold Price
$495,500
Premium/Discount to List
-$13,500
-2.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Outstanding Balance
$226,420
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$502,153
Purchase Details
Listed on
May 4, 2015
Closed on
Jun 10, 2015
Sold by
Shaffer Sherrill K
Bought by
Jenkins Thomas and Jenkins Ashley
Seller's Agent
Scott Spindel
Aviara Real Estate
List Price
$425,000
Sold Price
$425,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$403,750
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 15, 2002
Sold by
Hull Norman T
Bought by
Shaffer Sherrill K
Purchase Details
Closed on
Jul 16, 1998
Sold by
Summerside Development Llc
Bought by
Hull Norman T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,200
Interest Rate
7.01%
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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 |
|---|---|---|---|
| Smith Susan Elaine | -- | Accommodation | |
| Smith Susan Elaine | $495,500 | Stewart Glendale | |
| Jenkins Thomas | $425,000 | Lawyers Title | |
| Shaffer Sherrill K | $300,000 | Chicago Title | |
| Hull Norman T | $169,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Susan Elaine | $265,500 | |
| Previous Owner | Jenkins Thomas | $403,750 | |
| Previous Owner | Batterton Peter Edward | $35,000 | |
| Previous Owner | Hull Norman T | $118,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2017 09/21/17 | Sold | $495,500 | -2.7% | $368 / Sq Ft |
| 08/20/2017 08/20/17 | Pending | -- | -- | -- |
| 07/14/2017 07/14/17 | For Sale | $509,000 | +19.8% | $378 / Sq Ft |
| 07/21/2015 07/21/15 | Sold | $425,000 | 0.0% | $316 / Sq Ft |
| 06/21/2015 06/21/15 | Pending | -- | -- | -- |
| 05/04/2015 05/04/15 | For Sale | $425,000 | -- | $316 / 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 | $6,576 | $552,735 | $359,196 | $193,539 |
| 2023 | $6,185 | $541,898 | $352,153 | $189,745 |
| 2022 | $6,178 | $531,273 | $345,248 | $186,025 |
| 2021 | $6,148 | $520,856 | $338,478 | $182,378 |
| 2020 | $6,032 | $515,517 | $335,008 | $180,509 |
| 2019 | $5,754 | $505,410 | $328,440 | $176,970 |
| 2018 | $5,716 | $495,500 | $322,000 | $173,500 |
| 2017 | $5,023 | $433,500 | $282,030 | $151,470 |
| 2016 | $4,800 | $425,000 | $276,500 | $148,500 |
| 2015 | $1,250 | $95,811 | $20,371 | $75,440 |
| 2014 | -- | $93,936 | $19,973 | $73,963 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Ravnikar
J
Seller's Agent in 2017
Jay Ravnikar
The Agency
11 Total Sales
-
Buyer's Agent in 2017
Rey Dela Cruz
Real Estate eBroker, Inc.
(805) 587-3490
8 Total Sales
-
S
Seller's Agent in 2015
Scott Spindel
Aviara Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR17160989
APN: 596-0-151-525
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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