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1447 Crater Street

1447 Crater Street, Simi Valley, CA 93063
House in Ventura
Sold Feb 21, 2020
$625,000
$459,000 by Prime Choice Funding Inc
Mortgage Due Feb 01, 2051
Sold Nov 05, 2012
$325,000
1447 Crater Street has been categorized by the local assessors in Simi Valley, CA as a residential type of property. The building on the property was first built in 1961 and is 63 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1447 Crater Street has 1,461 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,090 ft and across the front of the lot is 870 ft. The area measurement of the land has been determined as 9,407 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a contemporary style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 460 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as fair. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1447 Crater Street was last sold in Feb 18, 2020 for $625,000. According to our calculations, that's $427.79 per sqft. Prior to that sales transaction, the property was sold for $325,000 in Oct 29, 2012. Current property owners are expected to pay $7,603 in taxes per year. The property on 1447 Crater Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $656,985. To break that down further, the land itself was valued at $427,304. While improvements to the property were assessed at a total of $229,681. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Fair
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,407
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,461
  • Gross Building Area: 1,461
  • Building Area: 1,461
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,461
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 1188 2
  • Land Acres: 0.216
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Fraternity or sorority house
  • Legal Description 1: TRACT: 118802 LOT: 89 REF: 029MR 015

Ownership

  • Current Owner : KING EDWARD H
  • Previous Owner : GOTTLIEB LEON S
  • Previous Owner 2: GOTTLIEB RONDA Z
  • Owner Before Previous Owner: DODD MARK C
  • Owner Before Previous Owner 2: DODD MAGGIE M
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Simi Valley Unified School District
  • Census Tract: 008002

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 029MR 015
  • District: 09
  • Subdivision Tract Number: 118802
  • Parcel: 642-0-093-065
  • Block: 93
  • Lot: 89
  • Municipality: SIMI VALLEY
  • Latitude: 34.2652
  • Longitude: -118.733

    Address

  • Full Address: 1447 Crater St
  • Address - House Number: 1447
  • Address - Street Name: Crater
  • Address - Suffix Type: St
  • State: CA
  • City Name: Simi Valley
  • Carrier Code: C003
  • 4-Digit Zip Code: 3116
  • Zip Code: 93063

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,603
  • Tax Rate Code Area: 09-035

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 76
  • Final Value: 793,777
  • High Value: 939,384
  • Low Value: 648,171

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $459,000
  • First Open Lien Mortgage Lender: PRIME CHOICE FUNDING INC
  • First Open Lien Mortgage Recording Date: Feb 19, 2021
  • First Open Lien Mortgage Loan Amount: $459,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $656,985
  • Assessed Land Value: $427,304
  • Assessed Improvements Value: $229,681

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2020
  • Current Sale Recording Date: Feb 21, 2020
  • Current Sale Transaction ID: 11738353438
  • Current Sale Price: $625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20200221-00026403
  • Previous Sale Recording Date: Nov 05, 2012
  • Previous Sale Contract Date: Oct 29, 2012
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Feb 21, 2020
  • First Mortgage Loan Amount: $445,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

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Frequently Asked Questions

What neighborhood is 1447 Crater Street located in?
The 1447 Crater Street is a house located in the neighborhood of Ventura in Simi Valley, Simi Valley.
What is the average sales price for listings in 1447 Crater Street?
The average sales price for units in 1447 Crater Street is $0 currently.

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