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2941 Fall River Circle

2941 Fall River Circle, Thousand Oaks, CA 91362
Property in Thousand Oaks
Sold Jun 23, 2023
$1,425,000
$600,000 by Rodich Bonnie
Mortgage
Sold Mar 13, 2015
$889,000
$600,000 by Skyline Financial Corp
Mortgage Due Apr 01, 2045
Local assessors in Thousand Oaks, CA have categorized 2941 Fall River Circle as a residential type of property. The home was built in 1971 and is 53 years old. The property's lot size has been calculated to be 7,357 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a contemporary style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2941 Fall River Circle has a total of 2,251 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2941 Fall River Circle sold most recently in May 31, 2023 for a total of $1,425,000. If you work out the math, that's approximately a cost of $633.05 per sqft. Before that, the property was also sold for $889,000 in Feb 17, 2015. 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 $11,153 in taxes each year. 2941 Fall River Circle was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,026,948. If we break it down further, the land itself was valued at $667,691. Improvements to the property, however, were assessed at a total of $359,257. The property's total assessed value has been marked as more than the total market value 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!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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • 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: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: Patio
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,357
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,251
  • Gross Building Area: 2,251
  • Building Area: 2,251
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,251
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WESTLAKE HILLS
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Fraternity or sorority house
  • Legal Description 1: TRACT: 199902 LOT: 356 REF: 052MR 078

Ownership

  • Current Owner : TIMSIT MATTHEW
  • Current Owner 2: TIMSIT SARA
  • Previous Owner : NEWPORT FAMILY TRUST
  • Owner Before Previous Owner: FERNANDEZ HECTOR L
  • Owner Before Previous Owner 2: FERNANDEZ LESLEY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Conejo Valley Unified School District
  • Census Tract: 007202

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 052MR 078
  • District: 69
  • Subdivision Tract Number: 199902
  • Parcel: 680-0-132-365
  • Block: 132
  • Lot: 356
  • Municipality: WESTLAKE
  • Latitude: 34.1692
  • Longitude: -118.822

    Address

  • Full Address: 2941 Fall River Cir
  • Address - House Number: 2941
  • Address - Street Name: Fall River
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: Westlake Village
  • Carrier Code: C010
  • 4-Digit Zip Code: 3723
  • Zip Code: 91362

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,153
  • Tax Rate Code Area: 08-077

    Appraisal Valuation

  • Standard Deviation: 0.179
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 76
  • Final Value: 1,316,728
  • High Value: 1,552,435
  • Low Value: 1,081,021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: RODICH BONNIE
  • First Open Lien Mortgage Recording Date: Jun 23, 2023
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,026,948
  • Assessed Land Value: $667,691
  • Assessed Improvements Value: $359,257

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 23, 2023
  • Current Sale Transaction ID: 11908570069
  • Current Sale Price: $1,425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 42552
  • Previous Sale Recording Date: Mar 13, 2015
  • Previous Sale Contract Date: Feb 17, 2015
  • Previous Sale Amount: $889,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: RODICH BONNIE
  • First Mortgage Transaction Date: Jun 23, 2023
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: SKYLINE FINANCIAL CORP
  • Previous Mortgage Transaction Date: Mar 13, 2015
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2045

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Frequently Asked Questions

What neighborhood is 2941 Fall River Circle located in?
The 2941 Fall River Circle is a located in the neighborhood of Thousand Oaks in Thousand Oaks, Thousand Oaks.
What is the average sales price for listings in 2941 Fall River Circle?
The average sales price for units in 2941 Fall River Circle is $0 currently.

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