NOT LISTED FOR SALE

7893 Lilac Ln Simi Valley, CA 93063

Estimated Value: $958,117 - $1,037,000

3 Beds
2.5 Baths
2,020 Sq Ft
$493/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $860,000 $426 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,994/month

3 Days on Market

Highlights

  • City Lights View
  • Maid or Guest Quarters
  • No HOA
  • Simi Valley High School Rated A-
  • Main Floor Primary Bedroom
  • 1-minute walk to Rocky Peak Park

About This Home

As of July 2021

Escape the city to this hidden retreat with amazing views of the valley! Main house + detached guest room with 1/2 bath. 3 bedrooms, 2 baths in main house. Master bedroom downstairs, 2 guest rooms up. Garage converted to two additional bonus rooms. (can easily be changed back) Beautiful large deck, for bbq's, sunrises etc. Copper plumbing, dual pane windows, auto window shades. Beautiful and private location with an amazing views! Beautiful turn-key house ready to move in. Outdoor enthusiast playground, great hiking and biking trails.

Last Agent to Sell the Property

Scott Post

Rodeo Realty License #01908413 Listed on: 06/05/2021

Rodeo Realty

Last Buyer's Agent

Larry Watson

RE/MAX One License #01313420

RE/MAX One

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 7,954 Sq Ft Lot
  • Front Yard
  • Property is zoned R1

Property Views

  • City Lights
  • Valley

Interior Spaces

  • 2,020 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main
  • Maid or Guest Quarters

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available
  • Parking Deck
  • Driveway
  • RV Potential

Utilities

  • Central Air
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 112
  • Tax Tract Number 7511
  • Assessor Parcel Number 6480098040

Community Details

Overview

  • No Home Owners Association
  • Mountainous Community

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Knolls
  • View: Yes
  • Zoning: R1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6480098040
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2020.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 425.74
  • Room Type: Guest/Maid's Quarters, Main Floor Master Bedroom

Exterior Features

  • View: City Lights, Valley
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport, Deck, Driveway, RV Potential
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7954.00
  • Lot Size Acres: 0.1826

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7954.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 75.11
  • Tax Lot: 112
  • Tax Tract Number: 7511

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jun 14, 2021
Sold by
Price Robert L and Price Donna M
Bought by
Park Nile and Sortun Ariel
Seller's Agent
Scott Post
Rodeo Realty
Buyer's Agent
Larry Watson
RE/MAX One
List Price
$749,900
Sold Price
$860,000
Premium/Discount to List
$110,100
14.68%
Current Estimated Value
$995,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,279
Avg. Annual Appreciation
3.27%
Original Mortgage
$688,000
Outstanding Balance
$622,898
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$372,381

Purchase Details

Closed on
Jan 24, 2015
Sold by
Price Robert L and Price Donna M
Bought by
Price Trust and Price Donna M

Purchase Details

Closed on
Aug 23, 2002
Sold by
Sevy Richard D and Chan Jessi Ching Wan
Bought by
Price Robert L and Price Donna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,000
Interest Rate
6.16%

Purchase Details

Closed on
May 14, 1997
Sold by
Ronald Paperno
Bought by
Sevy Richard D and Chan Jessi Ching Wan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
7.94%
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
Park Nile $860,000 Stewart Title Company
Price Trust -- None Available
Price Robert L $369,000 First Southwestern Title Co
Sevy Richard D $214,500 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Nile $688,000
Previous Owner Price Robert L $269,000
Previous Owner Sevy Richard D $193,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $860,000 0.0% $426 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/08/2021 06/08/21 Price Changed $860,000 +14.7% $426 / Sq Ft
06/05/2021 06/05/21 For Sale $749,900 -- $371 / 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 $9,907 $912,638 $593,215 $319,423
2024 $9,907 $894,744 $581,584 $313,160
2023 $9,329 $877,200 $570,180 $307,020
2022 $9,386 $860,000 $559,000 $301,000
2021 $5,492 $493,716 $374,642 $119,074
2020 $5,408 $488,655 $370,801 $117,854
2019 $5,171 $479,075 $363,531 $115,544
2018 $5,155 $469,682 $356,403 $113,279
2017 $5,062 $460,473 $349,415 $111,058
2016 $4,847 $451,445 $342,564 $108,881
2015 $4,768 $444,666 $337,419 $107,247
2014 $4,608 $425,000 $323,000 $102,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21121438

California Regional Multiple Listing Service (CRMLS)

APN: 648-0-098-040