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2924 Ivory Avenue

2924 Ivory Avenue, Simi Valley, CA 93063
House in Ventura
Sold Apr 22, 2021
$825,000
$720,000 by Acg Funding Inc
Mortgage Due May 01, 2051
2924 Ivory Avenue in Simi Valley, CA was first built in 1979 and is 45 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2924 Ivory Avenue has 1,948 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 730 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 8,038 square feet.

Learn more about the property and building on this page. There is a unknown. 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. For those who need parking, there is a garage. The garage is 499 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2924 Ivory Avenue sold most recently in Mar 30, 2021 for a total of $825,000. If you work out the math, that's approximately a cost of $423.51 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,987 in taxes each year. 2924 Ivory Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $858,330. If we break it down further, the land itself was valued at $558,175. Improvements to the property, however, were assessed at a total of $300,155. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior
Wood Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 499
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,038
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,948
  • Gross Building Area: 1,948
  • Building Area: 1,948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,948
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 2608 1
  • Land Acres: 0.185
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Fraternity or sorority house
  • Legal Description 1: TRACT: 260801 LOT: 46 REF: 077MR 035

Ownership

  • Current Owner : LEE JONGHWAN
  • Current Owner 2: KWON YOUNGRAN
  • Previous Owner : PAPALEO ROSEMARY V
  • Previous Owner 2: THE PAPALEO FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Simi Valley Unified School District
  • Census Tract: 008501

Zoning

  • Zoning: RM-3.

Geography

  • Assessors Map Reference: 077MR 035
  • District: 09
  • Subdivision Tract Number: 260801
  • Parcel: 611-0-131-135
  • Block: 131
  • Lot: 46
  • Municipality: SIMI VALLEY
  • Latitude: 34.2886
  • Longitude: -118.734

    Address

  • Full Address: 2924 Ivory Ave
  • Address - House Number: 2924
  • Address - Street Name: Ivory
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Simi Valley
  • Carrier Code: C018
  • 4-Digit Zip Code: 2146
  • Zip Code: 93063

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,987
  • Tax Rate Code Area: 09-030

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 78
  • Final Value: 989,547
  • High Value: 1,155,704
  • Low Value: 823,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $720,000
  • First Open Lien Mortgage Lender: ACG FUNDING INC
  • First Open Lien Mortgage Recording Date: Apr 22, 2021
  • First Open Lien Mortgage Loan Amount: $720,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $858,330
  • Assessed Land Value: $558,175
  • Assessed Improvements Value: $300,155

    Sales

  • Current Sale Contract Date: Mar 30, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Transaction ID: 11833133910
  • Current Sale Price: $825,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20210422-00081606

    Last Sale Mortgage

  • First Mortgage Lender: ACG FUNDING INC
  • First Mortgage Transaction Date: Apr 22, 2021
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Simi Valley



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Frequently Asked Questions

What neighborhood is 2924 Ivory Avenue located in?
The 2924 Ivory Avenue is a house located in the neighborhood of Ventura in Simi Valley, Simi Valley.
What is the average sales price for listings in 2924 Ivory Avenue?
The average sales price for units in 2924 Ivory Avenue is $0 currently.

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