NOT LISTED FOR SALE

Estimated Value: $812,000 - $858,000

3 Beds
2 Baths
1,534 Sq Ft
$545/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $569,000 $371 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,004/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Corner Lot
  • 2 Car Direct Access Garage
  • Royal High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of May 2019

Fantastic opportunity for owner-occupier or investor in a well-established west Simi Valley neighborhood near Sinaloa Middle School in the Tom Paul tract and with NO HOA dues. The property is currently occupied by excellent tenants with a stellar rental history, so the owner will have immediate income until the expiration of the lease on 7/31/19. Brand new HVAC; electrical panel; windows; window coverings; garage door; drought-tolerant front landscaping and drip system; dishwasher; and kitchen sink, faucet & garbage disposal, were installed in 2017, and the kitchen and laundry plumbing were re-routed this year. The house is well-situated on a large corner lot with plenty of room to build an Accessory Dwelling Unit (ADU) and the City has given permission to add a second driveway cut on El Monte Drive for accessing the ADU or RV parking. The listing agent is a co-owner and licensed California real estate broker. NOTE: All photos were taken prior to current tenants taking possession.

Last Agent to Sell the Property

Karen Montoya

Karman Properties License #00802342 Listed on: 03/20/2019

Last Buyer's Agent

JoAnn Israel

Malama Realty, Inc. License #01757419

Malama Realty, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 10,125 Sq Ft Lot
  • Desert faces the front of the property
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Drip System Landscaping
  • Sprinklers on Timer
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • RV Potential

Interior Spaces

  • 1,534 Sq Ft Home
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Center Hall

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Shed

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 124501
  • Assessor Parcel Number 6400141085

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Tom Paul (W) (133)
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6400141085
  • Year Built: 1961
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1534.00 Square Feet
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 370.93
  • Room Type: All Bedrooms Down, Center Hall, Formal Entry, Foyer, Kitchen, Living Room, Master Suite, Separate Family Room

Exterior Features

  • Other Structures: Shed(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Door Opener, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Desert Front, Front Yard, Lot 10000-19999 Sqft, Rectangular Lot, Level, Sprinklers Drip System, Sprinklers Timer
  • Lot Size Sq Ft: 10125.00
  • Lot Size Acres: 0.2324

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10125.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 124501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 8, 2019
Sold by
Gonzalez Olmo Manuel and Montoya Karen Lee
Bought by
Simon Lanah P and Simon Harvie N
Seller's Agent
Karen Montoya
Karman Properties
Buyer's Agent
JoAnn Israel
Malama Realty, Inc.
List Price
$569,000
Sold Price
$569,000
Current Estimated Value
$835,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,958
Avg. Annual Appreciation
5.96%
Original Mortgage
$426,750
Outstanding Balance
$372,876
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$463,082

Purchase Details

Listed on
Sep 21, 2017
Closed on
Nov 28, 2017
Sold by
Zhu Jenny
Bought by
Olmo Manuel Gonzalez and Montoya Karen Lee
Seller's Agent
Keith S Myers
RE/MAX One
Buyer's Agent
Karen Montoya
Karman Properties
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$393,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2012
Sold by
Zhang Yihong
Bought by
Zhang Yihong and Zhu Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2009
Sold by
Zhu Zhiqing
Bought by
Zhang Yihong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2002
Sold by
Kovach Carmella R
Bought by
Zhang Yihong and Zhu Zhiqing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.6%

Purchase Details

Closed on
Jul 3, 1998
Sold by
Kovach Carmella R
Bought by
Carmella R Kovach Living Trust and Kovach Carmella R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
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
Simon Lanah P $569,000 Stewart Title Of Ca Inc
Olmo Manuel Gonzalez $525,000 Fidelity Natl Title Co
Zhang Yihong -- None Available
Zhang Yihong -- First American Title Company
Zhang Yihong $320,000 Chicago Title
Carmella R Kovach Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Lanah P $426,750
Previous Owner Olmo Manuel Gonzalez $393,750
Previous Owner Zhang Yihong $198,000
Previous Owner Zhang Yihong $304,000
Previous Owner Zhang Yihong $256,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2019 05/15/19 Sold $569,000 0.0% $371 / Sq Ft
03/28/2019 03/28/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $569,000 0.0% $371 / Sq Ft
02/05/2018 02/05/18 Rented $2,750 0.0% --
02/05/2018 02/05/18 Under Contract -- -- --
01/27/2018 01/27/18 For Rent $2,750 0.0% --
12/21/2017 12/21/17 Sold $525,000 -4.4% $342 / Sq Ft View Prior Sale
11/23/2017 11/23/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $549,000 -- $358 / 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 $7,649 $634,726 $412,741 $221,985
2024 $7,649 $622,281 $404,648 $217,633
2023 $7,195 $610,080 $396,714 $213,366
2022 $7,179 $598,118 $388,935 $209,183
2021 $7,139 $586,391 $381,309 $205,082
2020 $7,000 $580,380 $377,400 $202,980
2019 $6,324 $535,500 $347,820 $187,680
2018 $6,277 $525,000 $341,000 $184,000
2017 $4,876 $399,319 $159,724 $239,595
2016 $4,658 $391,491 $156,593 $234,898
2015 $4,560 $385,612 $154,242 $231,370
2014 $4,495 $378,061 $151,222 $226,839
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19063174

California Regional Multiple Listing Service (CRMLS)

APN: 640-0-141-085