1575 River Wood Court, Simi Valley, California 93063, Simi Valley, 93063 - 4 bed, 3 bath

1575 River Wood Court, Simi Valley, California 93063 home-pic-0
ACTIVE$939,000$2,018/sqft
Est. Value: $844,868
-10%
AboveEstimate
1575 River Wood Court, Simi Valley, California 93063
4Beds
3Baths
2,018Sqft
5,227Lot

Price Vs. Estimate

The estimated value ($844,868.295) is $94,131.705 (10%) lower than the list price ($939,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Desirable Neighborhood: Situated in the highly-sought-after Newcrest Oaks niche of Simi Valley, this property offers an excellent neighborhood and a strong investment opportunity.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$939.0K vs avg $848.4K (+$90,625)70%
Size:2,018 sqft vs avg 1,808.5 sqft66%
Price/sqft:$465 vs avg $47545%

More Insights

Built in 2000 (26 years old).
Condition: Built in 2000, this property is well-maintained but shows signs of its age in several areas. The kitchen features updated stainless steel appliances and quartz countertops, which are positives, but the cabinet style is original and somewhat dated. Bathrooms are functional but also show their age, notably the carpet in the primary bathroom, which is an outdated feature. The listing explicitly mentions a 'Lack of Central Air Conditioning' as a weakness, which is a significant missing modern amenity for a home of this age and location. While move-in ready, it requires minor updates to bring it fully to current aesthetic and comfort standards, aligning with the 'Fair' criteria.
Year Built
2000
Close
-
List price
$939K
Original List price
$939K
Price/Sqft
$465
HOA
$87
Days on market
-
Sold On
-
MLS number
SR26004039
Home ConditionFair
Features
Good View: Hills
Patio
ViewHills

About this home

This beautiful Simi Valley property in the highly-sought-after niche of Newcrest Oaks offers a rare opportunity to invest and enjoy this excellent neighborhood. 1575 River Wood offers a thoughtful, highly functional floorplan. The four-bedroom/three-bathroom open-concept design with over 2000 square feet of living space has plenty of room for a large family. The kitchen with stainless steel appliances and quartz countertops is massive and provides a peninsula with seating for guests while entertaining. Porcelain tile and laminate flooring run throughout the entry, living room, den, and dining room. A wood burning fireplace with a gas starter adds warmth and comfort to the family room. One bathroom and bedroom are conveniently located downstairs. Three bedrooms are upstairs, two of which share a full bathroom. The primary bedroom offers a private retreat with great natural light. a full en-suite bathroom, and a walk-in closet. The exterior of the home is beautiful and offers entry to the oversized, attached, two-car garage. With no home or neighbor directly behind this property, the lush landscaping, koi pond, stone walkway and stamped concrete, covered patio create a private sanctuary for morning coffee and evening dinners. 1575 River Wood is a treasure in a coveted location. You are invited to come and see all that this home offers!

D
Daniel Keenan
Listing Agent

Nearby schools

4/10
Knolls Elementary School
Public,K-60.2mi
5/10
Valley View Middle School
Public,6-83.0mi
6/10
Simi Valley High School
Public,9-121.2mi

Price History

Date
Event
Price
11/28/00
Sold
$284,000
Condition Rating
Fair

Built in 2000, this property is well-maintained but shows signs of its age in several areas. The kitchen features updated stainless steel appliances and quartz countertops, which are positives, but the cabinet style is original and somewhat dated. Bathrooms are functional but also show their age, notably the carpet in the primary bathroom, which is an outdated feature. The listing explicitly mentions a 'Lack of Central Air Conditioning' as a weakness, which is a significant missing modern amenity for a home of this age and location. While move-in ready, it requires minor updates to bring it fully to current aesthetic and comfort standards, aligning with the 'Fair' criteria.
Pros & Cons

Pros

Prime Location & Desirable Neighborhood: Situated in the highly-sought-after Newcrest Oaks niche of Simi Valley, this property offers an excellent neighborhood and a strong investment opportunity.
Spacious & Functional Floorplan: The home features a thoughtful, highly functional 4-bedroom, 3-bathroom open-concept design with over 2000 square feet of living space, including a convenient downstairs bedroom and bathroom.
Modern & Well-Equipped Kitchen: The massive kitchen is outfitted with stainless steel appliances, quartz countertops, and a peninsula with seating, making it ideal for entertaining and daily family use.
Private & Serene Backyard Oasis: The exterior offers exceptional privacy with no direct rear neighbors, complemented by lush landscaping, a koi pond, stone walkway, and a covered patio, creating a tranquil outdoor sanctuary.
Hills Views & Enhanced Privacy: The property benefits from true hills views and the added privacy of having no direct rear neighbors, contributing to a sense of seclusion and natural beauty.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Lack of Central Air Conditioning: The property description does not explicitly mention a central cooling system, which could be a significant consideration for comfort during warmer months in Simi Valley.
Homeowners Association Dues: The property is subject to a monthly association fee of $87, which adds to the recurring costs of homeownership and may include community regulations.
Modest Lot Size: With a lot size of 5,227 sqft, the outdoor space is relatively compact for a single-family home of this square footage, potentially limiting extensive outdoor activities or future expansion.
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