Seller's Agent in 2020
Michael Preis
RE/MAX
(818) 653-7611
42 Total Sales
5734 Velvet Oak Ct Simi Valley, CA 93063
East Simi Valley NeighborhoodEstimated Value: $1,536,000 - $1,802,599
5
Beds
4.5
Baths
4,162
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- Saltwater Pool
- Solar Power System
- 0.4 Acre Lot
- Katherine Elementary School Rated A-
- Primary Bedroom Suite
- Open Floorplan
About This Home
As of May 2020Perfection in the Much Demanded “Emerald Point of Hidden Oaks”, Nestled in the Foothills of Simi Valley with ease of access to Metro Link Station, Parks, Shopping, Dining and More! This Warm yet Sophisticated 5 Bedroom, 4.5 Bathroom Home is Upgraded and an Entertainers Dream, Boasting almost 4200 Sq. Ft. of Comfortable Living Space on a Large 17,500+ SF Lot with Mountain Views and Gorgeous Rear Grounds with Waterfalls, Salt Water Pool & Spa, Built-in BBQ, Custom Hardscaping, Pergola and Lush Lawn, all Backing to Open Space. Foyer Entry with Volume Ceilings, Custom Granite Spiral Staircase Leads to the Elegant Formal Living Room and Dining Room with Detailed Crown Moldings and Gleaming Wood Floors. Granite Center Island Kitchen with Quality Built-in Appliances, Tons of Cabinet Space, Walk-in Pantry, Breakfast Bar and Opens to the Family Room with Media Center and Views of the Backyard. Expansive Master Suite with Sitting Area, View Balcony with Retractable Awning, His & Her Walk-in Closet and Private Bath with Spa Tub, Separate Shower and Dual Vanities. Ample Sized Secondary Bedrooms, and Convenient Downstairs Bedroom and Bathroom. The Upstairs Game/Bonus Room is Perfect for the Kids or a Home Theater. Direct Access 3 Car Garage, Dual Unit Central Air & Heat, Recessed Lighting, Custom Indoor and Outdoor Speaker System, Whole House Water Filtration, Hot Water Circulation and Cost Saving, Seller Owned Solar Power System with Battery Backup. This One has it All!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,731
Year Built
- Built in 2003
Lot Details
- 0.4 Acre Lot
- Cul-De-Sac
- Wrought Iron Fence
- Block Wall Fence
- Lawn
- Back and Front Yard
HOA Fees
- $158 Monthly HOA Fees
Parking
- 3 Car Direct Access Garage
- Parking Available
- Two Garage Doors
Home Design
- Planned Development
Interior Spaces
- 4,162 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wired For Sound
- Crown Molding
- Tray Ceiling
- Two Story Ceilings
- Recessed Lighting
- Double Pane Windows
- Sliding Doors
- Family Room with Fireplace
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Room
- Views of Hills
- Laundry Room
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Breakfast Bar
- Walk-In Pantry
- Double Convection Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
Home Security
- Home Security System
- Intercom
Eco-Friendly Details
- Solar Power System
- Solar owned by seller
Pool
- Saltwater Pool
- Spa
- Waterfall Pool Feature
Outdoor Features
- Balcony
- Covered Patio or Porch
- Exterior Lighting
- Outdoor Grill
Utilities
- Two cooling system units
- Central Heating and Cooling System
Community Details
- Hidden Oaks Association, Phone Number (805) 526-0303
Listing and Financial Details
- Tax Lot 64
- Tax Tract Number 516403
- Assessor Parcel Number 6510270235
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2020
Closed on
May 5, 2020
Sold by
Davtian Nvard and The Nvard Davtian Trust
Bought by
Tarakhchyan Movses and Tarakhchyan Izabella
Seller's Agent
Michael Preis
RE/MAX One
List Price
$1,099,950
Sold Price
$1,100,000
Premium/Discount to List
$50
0.005%
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
$511,900
Avg. Annual Appreciation
7.55%
Original Mortgage
$713,000
Interest Rate
3.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2019
Sold by
Davtian Nvard
Bought by
Davtian Nvard and Nvard Davtian Trust
Purchase Details
Closed on
Mar 15, 2018
Sold by
Davtian Michael
Bought by
Davtian Michael and Michael Davtian Trust
Purchase Details
Listed on
Jun 19, 2017
Closed on
Nov 13, 2017
Sold by
Wilhelmi Franklin A and Wilhelmi Josephine
Bought by
Davtian Michael
Seller's Agent
Stephen Patronete
Keller Williams Exclusive Properties
Buyer's Agent
Michael Preis
RE/MAX ONE
List Price
$1,020,000
Sold Price
$1,020,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Purchase Details
Listed on
Jun 19, 2017
Closed on
Nov 6, 2017
Sold by
Davtian Nvart
Bought by
Davtian Micahel
Seller's Agent
Stephen Patronete
Keller Williams Exclusive Properties
Buyer's Agent
Michael Preis
RE/MAX ONE
List Price
$1,020,000
Sold Price
$1,020,000
Purchase Details
Closed on
May 25, 2012
Sold by
Wilhelmi Franklin A and Wilhelmi Josephine
Bought by
Wilhelmi Franklin A and Wilhelmi Josephine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 12, 2009
Sold by
Wilhelmi Franklin A and Wilhelmi Josephine
Bought by
Wilhelmi Franklin A and Wilhelmi Josephine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.91%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 19, 2005
Sold by
Wilhelmi Franklin A and Wilhelmi Josephine
Bought by
Wilhelmi Franklin A and Wilhelmi Josephine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2003
Sold by
Western Pacific Housing Inc
Bought by
Wilhelmi Franklin A and Wilhelmi Josephine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tarakhchyan Movses | $1,100,000 | Lawyers Title | |
| Davtian Nvard | -- | None Available | |
| Davtian Nvard | -- | None Available | |
| Davtian Michael | -- | None Available | |
| Davtian Michael | $1,015,000 | Lawyars Title Co | |
| Davtian Micahel | -- | Lawyars Title Co | |
| Wilhelmi Franklin A | -- | Consumers Title Company | |
| Wilhelmi Franklin A | -- | Consumers Title Company | |
| Wilhelmi Franklin A | -- | Fidelity National Title Co | |
| Wilhelmi Franklin A | -- | None Available | |
| Wilhelmi Franklin A | -- | -- | |
| Wilhelmi Franklin A | $815,000 | Lawyers Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tarakhchyan Movses | $247,000 | |
| Open | Tarakhchyan Movses | $710,000 | |
| Closed | Tarakhchyan Movses | $713,000 | |
| Previous Owner | Wilhelmi Franklin A | $270,000 | |
| Previous Owner | Wilhelmi Franklin A | $280,000 | |
| Previous Owner | Wilhelmi Franklin A | $100,000 | |
| Previous Owner | Wilhelmi Franklin A | $99,999 | |
| Previous Owner | Wilhelmi Franklin A | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2020 05/29/20 | Sold | $1,100,000 | 0.0% | $264 / Sq Ft |
| 05/01/2020 05/01/20 | Pending | -- | -- | -- |
| 04/27/2020 04/27/20 | For Sale | $1,099,950 | 0.0% | $264 / Sq Ft |
| 03/26/2020 03/26/20 | Off Market | $1,100,000 | -- | -- |
| 03/18/2020 03/18/20 | For Sale | $1,099,950 | 0.0% | $264 / Sq Ft |
| 03/13/2020 03/13/20 | Pending | -- | -- | -- |
| 03/06/2020 03/06/20 | For Sale | $1,099,950 | +7.8% | $264 / Sq Ft |
| 12/05/2017 12/05/17 | Sold | $1,020,000 | 0.0% | $245 / Sq Ft |
| 11/05/2017 11/05/17 | Pending | -- | -- | -- |
| 06/19/2017 06/19/17 | For Sale | $1,020,000 | -- | $245 / 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 |
|---|---|---|---|---|
| 2025 | $13,731 | $1,203,007 | $781,956 | $421,051 |
| 2024 | $13,731 | $1,179,419 | $766,623 | $412,796 |
| 2023 | $12,919 | $1,156,294 | $751,592 | $404,702 |
| 2022 | $12,930 | $1,133,622 | $736,855 | $396,767 |
| 2021 | $12,892 | $1,111,395 | $722,407 | $388,988 |
| 2020 | $4,771 | $385,571 | $108,877 | $276,694 |
| 2019 | $4,553 | $378,012 | $106,743 | $271,269 |
| 2018 | $4,509 | $370,600 | $104,650 | $265,950 |
| 2017 | $11,020 | $966,000 | $453,000 | $513,000 |
| 2016 | $10,388 | $933,000 | $438,000 | $495,000 |
| 2015 | $9,917 | $893,000 | $419,000 | $474,000 |
| 2014 | $9,379 | $836,000 | $392,000 | $444,000 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Preis
-
Stephen Patronete
Seller's Agent in 2017
Stephen Patronete
Keller Williams Exclusive Properties
(805) 522-5050
9 in this area
42 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20049354
APN: 651-0-270-235
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