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574 Oak Tree Court

574 Oak Tree Court, Simi Valley, CA 93065
House in Ventura
Sold Sep 21, 2021
$1,400,000
$739,000 by Mountain West Financial Inc
Mortgage Due Oct 01, 2051
Sold Nov 29, 2018
$1,030,000
$824,000 by Customer Service Mortgage Corp
Mortgage Due Dec 01, 2048
574 Oak Tree Court 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 2001 and is 23 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 574 Oak Tree Court has 3,976 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,130 square feet.

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 645 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Love to swim? You'll be excited to find out that there is a pool on the property. There is a single fireplace in the home. Perfect for those wintery 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, 574 Oak Tree Court was last sold in Aug 4, 2021 for $1,400,000. According to our calculations, that's $352.11 per sqft. Prior to that sales transaction, the property was sold for $1,030,000 in Nov 15, 2018. Current property owners are expected to pay $15,904 in taxes per year. The property on 574 Oak Tree Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,428,000. To break that down further, the land itself was valued at $928,200. While improvements to the property were assessed at a total of $499,800. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 645
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,130
  • Total Building Area: 3,976
  • Gross Building Area: 3,976
  • Building Area: 3,976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,976
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 4583 1
  • Land Acres: 0.256
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Fraternity or sorority house
  • Legal Description 1: TRACT: 458301 LOT: 10 REF: 132MR 52

Ownership

  • Current Owner : SANTOS GRACE
  • Previous Owner : WARD COREY E
  • Previous Owner 2: WARD BETH R
  • Owner Before Previous Owner: PARK SOPHIA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Simi Valley Unified School District
  • Census Tract: 007506

Zoning

  • Zoning: RPD-

Geography

  • Assessors Map Reference: 132MR 52
  • District: 09
  • Subdivision Tract Number: 458301
  • Parcel: 596-0-172-105
  • Block: 172
  • Lot: 10
  • Municipality: SIMI VALLEY
  • Latitude: 34.2298
  • Longitude: -118.795

    Address

  • Full Address: 574 Oak Tree Ct
  • Address - House Number: 574
  • Address - Street Name: Oak Tree
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Simi Valley
  • Carrier Code: R008
  • 4-Digit Zip Code: 8205
  • Zip Code: 93065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,904
  • Tax Rate Code Area: 09-046

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 77
  • Final Value: 1,432,761
  • High Value: 1,684,382
  • Low Value: 1,181,140

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,119,000
  • First Open Lien Mortgage Lender: MOUNTAIN WEST FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $739,000
  • 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: Oct 01, 2051
  • Second Open Lien Mortgage Lender: ALLIANT CU
  • Second Open Lien Mortgage Recording Date: Sep 21, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $380,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,428,000
  • Assessed Land Value: $928,200
  • Assessed Improvements Value: $499,800

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11856775712
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20210921-00173792
  • Previous Sale Recording Date: Nov 29, 2018
  • Previous Sale Contract Date: Nov 15, 2018
  • Previous Sale Amount: $1,030,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN WEST FINANCIAL INC
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $739,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051
  • Second Mortgage Lender: ALLIANT CU
  • Second Mortgage Transaction Date: Sep 21, 2021
  • Second Current Mortgage Financing Type: Variable
  • Second Mortgage Loan Amount: $380,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Credit Line (Revolving)

    Previous Mortgages

  • Previous Mortgage Lender: CUSTOMER SERVICE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 29, 2018
  • Previous Mortgage Loan Amount: $824,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2048

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Frequently Asked Questions

What neighborhood is 574 Oak Tree Court located in?
The 574 Oak Tree Court is a house located in the neighborhood of Ventura in Simi Valley, Simi Valley.
What is the average sales price for listings in 574 Oak Tree Court?
The average sales price for units in 574 Oak Tree Court is $0 currently.

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