986 Lincoln Court, Simi Valley, California 93065, Simi Valley, 93065 - 3 bed, 2 bath
ACTIVE$1,099,000
986 Lincoln Court, Simi Valley, California 93065
3Beds
2Baths
2,157Sqft
9,583Lot
Price Vs. Estimate
The estimated value ($1,007,121.93) is $91,878.07 (8%) lower than the list price ($1,099,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 2157.
Top Cons:
Overpriced Relative to Estimation: The listing price is 10% above the estimated property value, which could make it less competitive and potentially lead to negotiation challenges.
Compared to the nearby listings
Price:$1.10M vs avg $855.0K (+$244,000)76%
Size:2,157 sqft vs avg 1,800 sqft65%
Price/sqft:$510 vs avg $48160%
More Insights
Built in 2001 (24 years old).
Condition: The property, built in 2001, is well-maintained and move-in ready, but the kitchen and bathrooms show signs of being outdated in terms of style. While clean and functional, the wood cabinets, white tile countertops, and gold/brass-toned fixtures in the bathrooms reflect an early 2000s aesthetic rather than recent renovations. The flooring and paint appear updated, but the core elements of the kitchen and bathrooms would benefit from minor cosmetic updates to meet current design trends.
Year Built
2001
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$510
HOA
$220
Days on market
-
Sold On
-
MLS number
225005126
Home ConditionFair
Features
Patio
View-
About this home
Nearby schools
5/10
Wood Ranch Elementary School
Public,•K-6•1.7mi
5/10
Sinaloa Middle School
Public,•6-8•1.7mi
6/10
Royal High School
Public,•9-12•2.4mi
Condition Rating
Fair
The property, built in 2001, is well-maintained and move-in ready, but the kitchen and bathrooms show signs of being outdated in terms of style. While clean and functional, the wood cabinets, white tile countertops, and gold/brass-toned fixtures in the bathrooms reflect an early 2000s aesthetic rather than recent renovations. The flooring and paint appear updated, but the core elements of the kitchen and bathrooms would benefit from minor cosmetic updates to meet current design trends.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 2157.
Modern Construction: Built in 2001, the property benefits from relatively modern construction standards and potentially fewer immediate maintenance concerns compared to older homes.
Spacious Living Area: With 2157 square feet for 3 bedrooms and 2 bathrooms, the property offers generous interior space for comfortable living.
Generous Lot Size: The 9583 sqft lot provides ample outdoor space for landscaping, recreation, or potential future expansion.
Highly-Rated Schools: The property is located near well-regarded public schools, including Wood Ranch Elementary (5/10), Sinaloa Middle (5/10), and Royal High School (6/10), which is attractive for families.
Desirable Location: Situated in Simi Valley, a popular residential area known for its community atmosphere and access to local amenities.
Cons
Overpriced Relative to Estimation: The listing price is 10% above the estimated property value, which could make it less competitive and potentially lead to negotiation challenges.
Monthly Association Fee: A $220 monthly association fee adds to the recurring cost of homeownership, which may be a deterrent for some buyers.
Non-Walkable School Distances: While schools are highly rated, they are not within easy walking distance (1.68 to 2.4 miles), requiring transportation for students.