3116 Melody Lane, Simi Valley, California 93063, Simi Valley, 93063 - 3 bed, 2 bath

3116 Melody Lane, Simi Valley, California 93063 home-pic-0
ACTIVE$934,999
3116 Melody Lane, Simi Valley, California 93063
3Beds
2Baths
1,815Sqft
7,840Lot

Price Vs. Estimate

The estimated value ($844,699.93) is $90,299.07 (9%) lower than the list price ($934,999). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Nestled in a prime Simi Valley location, offering convenient access to parks, top-rated schools, and major freeways, enhancing its desirability for families and commuters.
Top Cons:
Age of Property & Systems: Built in 1980, the property may have original systems (e.g., plumbing, electrical, roofing) and finishes in areas beyond the kitchen, potentially requiring future updates or maintenance.

Compared to the nearby listings

Price:$935.0K vs avg $846.0K (+$88,999)68%
Size:1,815 sqft vs avg 1,814.5 sqft50%
Price/sqft:$515 vs avg $47965%

More Insights

Built in 1980 (45 years old).
Condition: The property, built in 1980, presents a mixed condition. The kitchen has been updated with white shaker-style cabinets, dark granite countertops, and stainless steel appliances, which is a significant positive. However, the bathrooms are notably outdated with 1980s-style tile and carpet flooring, requiring substantial renovation for modern appeal and hygiene. The general flooring throughout the living areas (dated carpet and terra cotta tile) also indicates a need for updates. While the home appears functional and maintained, these key outdated areas prevent it from being classified as 'Good' and necessitate more than 'minor' cosmetic updates, aligning it with a 'Fair' condition.
Year Built
1980
Close
-
List price
$935K
Original List price
$950K
Price/Sqft
$515
HOA
-
Days on market
-
Sold On
-
MLS number
225003039
Home ConditionFair
Features
Patio
View-

About this home

Nestled in a prime Simi Valley location, this rare single-story home offers 3 bedrooms, 2 bathrooms, and 1,815 sq ft of inviting living space. A vaulted ceiling enhances the spacious living room, where a striking white brick dual fireplace adds warmth and charm, connecting both the living and family rooms. The open-concept kitchen features a large center island ideal for gatherings and everyday living. Sitting on a generous 7,840 sq ft lot, the oversized backyard offers room for a pool and endless outdoor possibilities. A 3-car garage provides ample storage and flexibility. Close to parks, top-rated schools, and freeway access, blends comfort, character, and convenience.

Nearby schools

4/10
Township Elementary School
Public,K-60.7mi
5/10
Valley View Middle School
Public,6-81.1mi
6/10
Simi Valley High School
Public,9-122.5mi
Condition Rating
Fair

The property, built in 1980, presents a mixed condition. The kitchen has been updated with white shaker-style cabinets, dark granite countertops, and stainless steel appliances, which is a significant positive. However, the bathrooms are notably outdated with 1980s-style tile and carpet flooring, requiring substantial renovation for modern appeal and hygiene. The general flooring throughout the living areas (dated carpet and terra cotta tile) also indicates a need for updates. While the home appears functional and maintained, these key outdated areas prevent it from being classified as 'Good' and necessitate more than 'minor' cosmetic updates, aligning it with a 'Fair' condition.
Pros & Cons

Pros

Prime Location & Accessibility: Nestled in a prime Simi Valley location, offering convenient access to parks, top-rated schools, and major freeways, enhancing its desirability for families and commuters.
Desirable Single-Story Layout: A rare single-story home, providing ease of living and broad appeal, complemented by a vaulted ceiling in the living room and a charming dual fireplace connecting living and family spaces.
Modern Open-Concept Kitchen: Features an open-concept kitchen with a large center island, ideal for entertaining and daily family life, aligning with contemporary living preferences.
Generous Outdoor Potential: Sitting on a substantial 7,840 sq ft lot, the oversized backyard offers ample space for outdoor activities and the significant potential to add a pool, increasing property value and lifestyle appeal.
Ample Parking & Storage: A 3-car garage provides extensive storage solutions and flexible space, a valuable asset for vehicle owners or those needing extra utility space.

Cons

Age of Property & Systems: Built in 1980, the property may have original systems (e.g., plumbing, electrical, roofing) and finishes in areas beyond the kitchen, potentially requiring future updates or maintenance.
Lack of Explicit Cooling System: The description does not explicitly mention a central air conditioning system, which could be a significant drawback for comfort during Simi Valley's hot summer months.
Potential for Cosmetic Updates: While the kitchen features an open concept, the description does not detail updates to bathrooms or other living areas, suggesting these spaces might retain original 1980s aesthetics that could require modernization to meet current buyer expectations.

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