1691 Tapo Street, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 3 bath
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1691 Tapo Street
Simi Valley, California 93063
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,104Sq Ft
5,998Lot Size
Property Price
LIST PRICE$900,000
EST. MARKET VALUE
$950,000
5% BelowMARKET VALUE
SUMMARY
This Modern Single-Family Residence represents a Strong Value Opportunity, listed at $950,000—positioned well below the $981,241 Fair Market Value by 3%. This valuation gap provides $31,241 in Instant Equity. Featuring an Excellent Condition Rating, this 2018 construction offers a Main-Level Primary Suite, No HOA, and No Mello-Roos, ensuring long-term financial efficiency. With its modern kitchen and proximity to the Arroyo bike path, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, low-maintenance lifestyle.
Estimated Market Value
$950,000+$50,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Simi Valley.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1691 Tapo Street Subject 3 bd · 3 ba · 2,104 sqft · $452 | $900,000* List Price | 3 | 3 | 2,104 | $452 | - |
A 2019 Hietter Sold 3 bd · 2 ba · 1,616 sqft · $517 · 0.8 mi | $835,000 | 3 | 2 | 1,616 | $517 | 0.8 mi |
B 3910 Downey Court Sold 3 bd · 3 ba · 2,035 sqft · $447 · 0.8 mi | $910,000 | 3 | 3 | 2,035 | $447 | 0.8 mi |
C 3991 Celia Court Sold 3 bd · 2 ba · 1,436 sqft · $540 · 0.7 mi | $775,000 | 3 | 2 | 1,436 | $540 | 0.7 mi |
D 3977 Bayside Street Sold 3 bd · 2 ba · 1,436 sqft · $540 · 0.8 mi | $775,000 | 3 | 2 | 1,436 | $540 | 0.8 mi |
E 3796 Diamond Court Active 4 bd · 3 ba · 2,035 sqft · $442 · 1.0 mi | $899,000 List Price | 4 | 3 | 2,035 | $442 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This property was built in 2018, making it approximately 6-8 years old and well within the 'Excellent' criteria (<10y). The interior features modern, mint-condition finishes including white shaker cabinetry, stone countertops, and contemporary laminate flooring. Bathrooms are updated with dual vanities and soaking tubs, and the systems (HVAC/Electric) are relatively new given the construction date, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Financial Advantage
As a newer 2018 construction, the absence of both HOA fees and Mello-Roos assessments offers significant monthly savings and increased long-term value compared to similar modern developments.
- Desirable Main-Level Primary Suite
The floor plan features a spacious primary suite on the main level, a highly sought-after layout that provides accessibility and convenience rarely found in two-story homes.
- Modern Turn-Key Condition
The home boasts contemporary finishes including laminate flooring, window shutters, and a modern kitchen, paired with low-maintenance landscaping and direct access to local walking trails.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5998, other record lot size in square feet = 6098.
- Compact Lot Size
The sub-6,000 square foot lot is relatively modest for the price point, which may limit buyers looking for extensive private yard space or room for a swimming pool.
- Traffic Exposure
Located on Tapo Street, a primary thoroughfare in Simi Valley, the property may experience higher levels of ambient traffic noise compared to homes situated on quieter interior cul-de-sacs.
About 1691 Tapo Street
EXTREMELY RARE OPPORTUNITY! Newer Construction in East Simi Valley with NO HOA and NO Mello-Roos! Welcome to this beautiful two story home nestled in a peaceful Simi Valley community, offering a spacious and thoughtfully designed layout with plenty of comfort and functionality. Step inside to an inviting open concept living and dining area featuring laminate flooring, shutters on all windows, and a spacious entry closet. The adjoining kitchen offers beautiful white countertops, abundant cabinet storage, a double sink, dishwasher, four burner stove, and microwave, along with convenient access to the backyard.The main level also features a guest half bath and a spacious primary suite with charming French style windows, a generous walk-in closet, and a beautiful private bathroom complete with dual vanities, a separate toilet area, soaking tub, and separate shower.Upstairs, you'll find two additional well sized bedrooms, each with mirrored closet doors, a shared full bathroom with a tub and shower, and a convenient laundry room with a washer and dryer. A spacious two car garage provides additional room for storage.Outside, enjoy an almost maintenance-free front and backyard, fruit trees, and a generous 10' x 20' patio that's perfect for relaxing or outdoor entertaining. Adding to the appeal is nearby access to the Arroyo bike and walking path, where you can enjoy the stream and surrounding outdoor setting.Located in a quiet and welcoming community, this lovely Simi Valley home combines a comfortable floor plan, attractive finishes, low-maintenance outdoor spaces, and convenient access to walking and biking trails. EXTREMELY RARE OPPORTUNITY! Newer Construction in East Simi Valley with NO HOA and NO Mello-Roos!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- 5,998 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.3 |
| Square foot | 2,104 | 1,764.918 |
| Lot Size | 5,998 | 7,506.335 |
| Price | $900.0K | $856.9K |
| Price per sq ft | $428 | $487 |
| Built year | 2018 | 1970 |
| HOA | $0 | $164 |
| Days on market | 30 | 50 |
Pricing History
Listed for Sale
Oct 22, 2026
$900,000
$950,000
-5% Price Drop
Initial Listing
Price Change
Sep 24, 2026
$950,000
Initial Listing
Sold
Mar 20, 2019
$630,000
Public Record