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2221 Silver Spring Drive

2221 Silver Spring Drive, Westlake Village, CA 91361
Sold Mar 24, 2020
$1,175,000
$940,000 by Bank Of America Na
Mortgage
Sold Jul 23, 2015
$690,500
2221 Silver Spring Drive in Westlake Village, CA was first built in 1976 and is 48 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2221 Silver Spring Drive has 2,396 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 9,329 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of tile. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 469 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2221 Silver Spring Drive was last sold in Feb 20, 2020 for $1,175,000. According to our calculations, that's $490.40 per sqft. Prior to that sales transaction, the property was sold for $690,500 in Jun 26, 2012. Current property owners are expected to pay $14,045 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 2221 Silver Spring Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,235,133. To break that down further, the land itself was valued at $803,100. While improvements to the property were assessed at a total of $432,033. 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
Wood Exterior

Driveway

Driveway

Parking

Garage Parking
On-Street Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 469
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,329
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,396
  • Gross Building Area: 2,396
  • Building Area: 2,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 2173
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Fraternity or sorority house
  • Legal Description 1: TRACT: 217300 LOT: 62 REF: 065MR 090

Ownership

  • Current Owner : KIM CHARLES
  • Current Owner 2: KIM WHITNEY
  • Previous Owner : HAGEMANN MICHELLE
  • Owner Before Previous Owner: U S BANK NATIONAL ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Conejo Valley Unified School District
  • Census Tract: 005906

Zoning

  • Zoning: RPD4U

Geography

  • Assessors Map Reference: 065MR 090
  • District: 69
  • Subdivision Tract Number: 217300
  • Parcel: 696-0-322-135
  • Block: 322
  • Lot: 62
  • Municipality: WESTLAKE
  • Latitude: 34.1559
  • Longitude: -118.837

    Address

  • Full Address: 2221 Silver Spring Dr
  • Address - House Number: 2221
  • Address - Street Name: Silver Spring
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Westlake Village
  • Carrier Code: C037
  • 4-Digit Zip Code: 2051
  • Zip Code: 91361

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,045
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 08-118

    Appraisal Valuation

  • Standard Deviation: 0.1793
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 76
  • Final Value: 1,571,215
  • High Value: 1,852,984
  • Low Value: 1,289,447

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,160,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 24, 2020
  • First Open Lien Mortgage Loan Amount: $940,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • Second Open Lien Mortgage Recording Date: Jun 01, 2023
  • Second Open Lien Mortgage Loan Amount: $220,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,235,133
  • Assessed Land Value: $803,100
  • Assessed Improvements Value: $432,033

    Sales

  • Current Sale Contract Date: Feb 20, 2020
  • Current Sale Recording Date: Mar 24, 2020
  • Current Sale Transaction ID: 11755290856
  • Current Sale Price: $1,175,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20200324-00042245
  • Previous Sale Recording Date: Jul 23, 2015
  • Previous Sale Contract Date: Jun 26, 2012
  • Previous Sale Amount: $690,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Mar 24, 2020
  • First Mortgage Loan Amount: $940,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Thousand Oaks



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Nearby Rentals

Unit for rent at 170 Sunset Drive, Thousand Oaks, CA, 91362

$3,600 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,622 ft²
170 Sunset Drive, Thousand Oaks, CA, 91362 Listing by Jennifer Sommers

Frequently Asked Questions

What neighborhood is 2221 Silver Spring Drive located in?
The 2221 Silver Spring Drive is a house located in the neighborhood of Thousand Oaks in Thousand Oaks, Westlake Village.
What is the average sales price for listings in 2221 Silver Spring Drive?
The average sales price for units in 2221 Silver Spring Drive is $0 currently.

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