May 23, 2012

Simi Valley Oakridge Estates Floor Plans

Below are the Floor Plans for the 4 different models that were built in Simi Valley’s Oakridge Estates. The Tract is dominated by two-story models as there are three. There is one single story floor plan. The largest model, the Valley View,  boasts large bonus room over the three car garage which is usually configured as a large den with a wet bar. It was an optional two-bedroom configuration which I’ve seldom seen in the homes have shown to prospective buyers.  I have included a graph of the sales for each model from 2003 through March of 2010. Simi Valley’s Oakridge Estates tract as very low turnover and longer-term home ownership compared to this rounding tracts.   So while this comparison data seems slim, it’s just related to the fact that when people move into this neighborhood they like to stay.


Oakridge Estates Single Story Floor Plan – The Oaks
Click on the image to enlargeOakridge Estates Floor Plans model-The Oaks

Sales Trends from 2003 through March 2010


Simi Valley Oakridge Estates Model "The Oaks"


Oakridge Estates Two Story Floor Plan

Click on the image to enlarge

Oakridge Estates Floor Plans model - 2 StorySales Trends from 2003 through March 2010

This model represents the fewest two story homes in the tract.  Sales and comparisons are fewer as a result.

Simi Valley Oakridge Estates Sales Graph


Oakridge Estates Two Story Floor Plan – The Arbor

Click on the image to enlarge
Oakridge Estates Floor Plans model - The ArborSales Trends from 2003 through March 2010

Comparables are currently listed in the low $600,000s and high $500,000s

Simi Valley Oakridge Estates Model - The Arbor


Oakridge Estates Largest Two Story Floor Plan – Valley View

Click on the image to enlarge
Oakridge Estates Floor Plans model - The Arbor

Sales Trends from 2003 through March 2010

There is a comparable currently listed as of March 2010 for $700,000

Simi Valley Oakridge Estates Model Valley View

Search for Homes in Simi Valley California Simi Valley Property Values

Thanks for reading Simi Valley’s Premiere Real Estate Blog!
Author – Ted Mackel Simi Valley Real Estate Agent – Keller Williams Realty
Ted Mackel is a top producer at Keller Williams Realty Simi Valley,
specializing in Simi Valley Real Estate
(805) 432-7705

Simi Valley Oakridge Estates Homes For Sale Trends from 2003 -2009

Simi Valley Real Estate Oakridge Estates

Below are the general  home sales trends for homes in Simi Valley Oakridge Estates going back to 2003 to the end of 2009. There are a few homes for sale in the tract currently and as of the end of March 2010, no sales. The data was pulled from the Ventura County  Regional Data Share. Because of many changes in the systems that maintain the MLS data in 2003, data is not available from the MLS  prior to 2003. There will be an additional blog post with floor plans for the track and I will have graphs  illustrating the sales for each particular model.

In looking at the years below, the sales have pretty much returned to  pricing close to what we saw in 2003. However what is encouraging is that the Valley View model, the largest model in the tract, is trending better than in 2003.

The tract consists of approximately  220 homes and historically has low turnover. The low turnover is slightly problematic in that it gives appraisal firms fewer comparables to help support price increases. It was interesting as the market was moving up in the 2003 – 2006 markets that Simi Valley Oakridge Estates lagged in the increases compared other tracts.

Oakridge Estates Simi Valley 2003 Sales Data
AVERAGE Sale Price 577300
HIGH Sale Price 615000
LOW Sale Price 497500
List to Sale Ratio 100%
Average Days on Market 9
Number of Homes Sold 5
Oakridge Estate Simi Valley 2004 Sales Data
AVERAGE Sale Price 710707
HIGH Sale Price 790000
LOW Sale Price 598000
List to Sale Ratio 99%
Average Days on Market 42
Number of Homes Sold 7
Oakridge Estate Simi Valley 2005 Sales Data
AVERAGE Sale Price 780855
HIGH Sale Price 849000
LOW Sale Price 723000
List to Sale Ratio 97%
Average Days on Market 100%
Number of Homes Sold 3
Oakridge Estate Simi Valley 2006 Sales Data
AVERAGE Sale Price 809636
HIGH Sale Price 979000
LOW Sale Price 675000
List to Sale Ratio 96%
Average Days on Market 49
Number of Homes Sold 6
Oakridge Estate Simi Valley 2007 Sales Data
AVERAGE Sale Price 786779
HIGH Sale Price 819000
LOW Sale Price 738450
List to Sale Ratio 95%
Average Days on Market 64
Number of Homes Sold 7
Oakridge Estate Simi Valley 2008 Sales Data
AVERAGE Sale Price 647833
HIGH Sale Price 710000
LOW Sale Price 637000
List to Sale Ratio 90%
Average Days on Market 69
Number of Homes Sold 6
Oakridge Estate Simi Valley 2009 Sales Data
AVERAGE Sale Price 588333
HIGH Sale Price 765000
LOW Sale Price 480000
List to Sale Ratio 94%
Average Days on Market 141
Number of Homes Sold 5
Search for Homes in Simi Valley California Simi Valley Property Values

Thanks for reading Simi Valley’s Premiere Real Estate Blog!

Author – Ted Mackel Simi Valley Real Estate Agent – Keller Williams Realty

Ted Mackel is a top producer at Keller Williams Realty Simi Valley,

specializing in Simi Valley Real Estate

(805) 432-7705

Simi Valley Foreclosures For Sale 671 Azure Hills Drive Video Tour

Simi Valley Foreclosures For Sale 671 Azure Hills Drive

  • Price = $639,000.00
  • Bedrooms = 4
  • Bathrooms = 3
  • Interior = approx. 2407 sq ft
  • Lot Size = 12,302 sq ft
  • Pool & Spa = Inground – Gunite
  • Upgrades = Windows, Flooring, Ceilings, Kitchen
  • RV = Boat or smaller RV
  • MLS# = 10004666

This Simi Valley Foreclosure property is lender owned. I am an REO/ foreclosure specialist working with a regional bank. My assignments cover properties in the West San Fernando Valley including West Hills, Woodland Hills, Winnetka, Canoga Park, Northridge, Granada Hills, Chatsworth and East Ventura County including Simi Valley, Moorpark, the Conejo Valley.

Typically these properties come back and pretty poor condition. Mostly from deferred maintenance which sometimes leads to serious issues. This property is an exception is prior owners  appear to have taken good care of this property and left the property clean and peacefully.

This property is located in the Oakridge Estates on the south west end of Simi Valley near 1st St. and Royal. This neighborhood has a lower than average turnover rate and an HOA which  has done a good job in maintaining the community. Call to make an appointment today  and see this great property and terrific community.