NOT LISTED FOR SALE

7696 Lilac Ln Simi Valley, CA 93063

Estimated Value: $1,193,738 - $1,553,000

3 Beds
4 Baths
2,951 Sq Ft
$474/Sq Ft Est. Value

Last Sold May 04, 2024

Last sale price $1,525,000 $517 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,909/month

11 Days on Market

Highlights

  • Detached Guest House
  • In Ground Pool
  • Dining Room with Fireplace
  • Simi Valley High School Rated A-
  • City Lights View
  • 5-minute walk to Rocky Peak Park

About This Home

As of May 2024

Welcome to your exclusive and gated retreat nestled up a long private driveway atop the serene mountains of east Simi Valley. This bespoke residence sprawls gracefully across 2.8 acres of lush terrain, encompassing five distinct parcels of land. Revel in the unparalleled majesty of sprawling mountain views that adorn this sanctuary. The main residence, boasts 3 bedrooms and 3 baths plus a lower level suite and exudes an ambiance of sophistication and comfort. Towering blue pine ceilings, harmoniously juxtaposed with both wood and carpeted flooring, create an atmosphere of timeless elegance and warmth. Step onto the expansive wooden deck, a vantage point from which to savor breathtaking panoramas that inspire wonder. A lagoon-style pool, thoughtfully designed for leisure and entertainment, beckons on balmy summer evenings, inviting family and guests to indulge in moments of sheer relaxation. Discover a secluded flex space towering above it all, perfect for home office, gym, art or music studio or playroom to relax and enjoy the game. Adorned with yet another private deck with outdoor movie screen, this sanctuary provides inspiration from the endless views and magical sunsets. Enjoy the charm of the fruit groves and water tower on the property and embark on enchanting hikes along nearby trails, immersing yourself in the splendor of the surrounding landscape. Conveniently positioned adjacent to main freeways, with easy access to Calabasas and Topanga Canyon and just 35 minutes to Downtown LA this haven seamlessly integrates the tranquility of nature with the convenience of urban connectivity. Welcome home to your personal oasis where every moment is infused with relaxation and joy.

Last Agent to Sell the Property

Myles Lewis

Coldwell Banker Realty License #02037873 Listed on: 03/25/2024

Coldwell Banker Realty

Co-Listed By

Adam Kang

Highland Premiere Real Estate License #02149971

Last Buyer's Agent

Julliann Woods

Pinnacle Estate Properties, Inc. License #01773371

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.3 Acre Lot
  • Property is zoned R1

Property Views

  • Skyline
  • Trees
  • Mountain

Interior Spaces

  • 2,951 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Guest Parking
  • On-Street Parking

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Detached Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 648-0-071-020

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 2951
  • Lot Acreage: 0.3041
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Dining
  • Flooring: Carpet, Wood
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 4
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 524.91

Exterior Features

  • Other Structures: Other
  • Guest House: Detached
  • Pool Description: In Ground
  • Pool: Yes
  • Spa: In Ground
  • Spa Yn: Yes
  • View: City Lights, Mountains, Tree Top, Skyline
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Parking for Guests, Above Street Level
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 648-0-071-020
  • Lot Description: 5 + Lots
  • Lot Size Area: 111698

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 1, 2024
Sold by
Booth Ines
Bought by
Booth Brian
Seller's Agent
Myles Lewis
Coldwell Banker Realty
Buyer's Agent
Julliann Woods
Pinnacle Estate Properties, Inc.
List Price
$1,549,000
Sold Price
$1,525,000
Premium/Discount to List
-$24,000
-1.55%
Views
54
Current Estimated Value
$1,400,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$124,815
Avg. Annual Appreciation
-5.07%
Original Mortgage
$500,000
Outstanding Balance
$492,976
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$907,209

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 23, 2024
Sold by
Thomas and Jordin
Bought by
Booth Brian
Seller's Agent
Myles Lewis
Coldwell Banker Realty
Buyer's Agent
Julliann Woods
Pinnacle Estate Properties, Inc.
List Price
$1,549,000
Sold Price
$1,525,000
Premium/Discount to List
-$24,000
-1.55%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$492,976
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$907,209

Purchase Details

Listed on
Mar 26, 2021
Closed on
Apr 14, 2021
Sold by
Spencer Scott Alan and Spencer Patricia D
Bought by
Thomas Dana and Thomas Jordin
Seller's Agent
Cathie Messina
Sotheby's International Realty
Buyer's Agent
Myles Lewis
Coldwell Banker Realty
List Price
$1,365,000
Sold Price
$1,365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%
Original Mortgage
$1,092,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1999
Sold by
Spencer Scott A
Bought by
Spencer Scott Alan and Spencer Patricia D

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
6.84%

Purchase Details

Closed on
May 18, 1998
Sold by
White Earl K and White Vera May
Bought by
Spencer Scott and Spencer Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
7.01%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Booth Brian -- None Listed On Document
Booth Brian $1,525,000 Orange Coast Title
Thomas Dana $1,365,000 First American Title Company
Spencer Scott Alan -- Fidelity National Title
Spencer Scott $48,500 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Booth Brian $500,000
Previous Owner Thomas Dana $1,092,000
Previous Owner Spencer Scott Alan $97,000
Previous Owner Spencer Scott $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2024 05/04/24 Sold $1,525,000 -1.5% $517 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $1,549,000 +13.5% $525 / Sq Ft
05/17/2021 05/17/21 Sold $1,365,000 0.0% $535 / Sq Ft View Prior Sale
05/13/2021 05/13/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $1,365,000 -- $535 / Sq Ft
Source: The MLS

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 $6,875 $663,956 $119,276 $544,680
2024 $6,875 $620,169 $112,912 $507,257
2023 $6,475 $608,009 $110,698 $497,311
2022 $6,503 $596,088 $108,528 $487,560
2021 $3,907 $350,660 $41,822 $308,838
2020 $3,847 $347,067 $41,395 $305,672
2019 $4,173 $340,263 $40,584 $299,679
2018 $3,539 $321,898 $39,789 $282,109
2017 $3,475 $315,587 $39,009 $276,578
2016 $3,328 $309,400 $38,245 $271,155
2015 $3,273 $304,754 $37,671 $267,083
2014 $3,245 $298,786 $36,934 $261,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-372665

The MLS

APN: 648-0-071-020