NOT LISTED FOR SALE

731 Shadow Lake Dr Thousand Oaks, CA 91360

Estimated Value: $777,000 - $826,261

2 Beds
2 Baths
1,786 Sq Ft
$383/mo HOA Fee

Last Sold November 16, 2022

Last sale price $710,000 $398 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,452/month

12 Days on Market

Highlights

  • RV Parking in Community
  • Atrium Room
  • Mediterranean Architecture
  • Acacia Elementary School Rated A-
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of November 2022

Incredible opportunity in desirable Racquet Club Villas conveniently located close to The Oaks Mall and restaurants, botanical gardens, golfing, hiking trails and more. This lovely 2 bedroom, 2 bath, single story home boasts over 1,750 square feet of living space, with stunning vaulted ceilings and a beautiful atrium with an abundance of natural light. The modern kitchen features stainless steel appliances granite countertops, access to the outdoor patio, and is open to both the living and dining areas, great for entertaining. Off the formal dining, you'll find an additional space, originally designed as a "den" and ideal for work from home or a flex space with line of sight from the kitchen. The spacious primary bedroom features a walk-in closet, a large ensuite bathroom, and access to a private patio. Your two car garage has plenty of room for parking and storage, and offers direct entrance into a spacious laundry room with a wall of built in cabinets perfect for use as a pantry. Nestled behind the home you will love the fully enclosed outdoor space with a large patio off the kitchen and living room excellent for outdoor entertaining and ready for your green thumb. The Racquet Club Villas is a wonderful community with access to private parks and RV parking.

Last Agent to Sell the Property

Carolyn Cole

Nourmand & Associates-HW License #01703618 Listed on: 10/07/2022

Co-Listed By

Cassandra Sanders

Nourmand & Associates-HW License #02115269

Last Buyer's Agent

Laura Allen

The Reznick Group License #02156367

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,021

Year Built

  • Built in 1978

Lot Details

  • East Facing Home
  • Fenced Yard
  • Block Wall Fence

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Driveway

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,786 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Sliding Doors
  • Living Room with Fireplace
  • Dining Area
  • Atrium Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Gas and Electric Range
  • Range Hood
  • <<microwave>>
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Sunken Shower or Bathtub
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 525-0-190-295

Community Details

Overview

  • Association fees include trash, sewer, insurance
  • 264 Units
  • Association Phone (888) 882-0588
  • RV Parking in Community

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,021

Year Built

Built in 1978

Lot Details

0

HOA Fees

$383 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mediterranean
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Racquet Club Villas- PMP Management
  • Disability Access: Grab Bars In Bathroom(s)
  • Entry Floor: 1
  • Entry Location: Foyer
  • Living Area: 1786
  • Lot Acreage: 0.0814
  • Planned Urban Dev: 0
  • Stories: 1
  • Unit Floor In Building: 1
  • Year Built: 1978
  • Builders Tract Name: Racquet Club Villas
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Cathedral-Vaulted Ceilings
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Tile
  • Appliances: Microwave, Range Hood, Gas/Electric Range
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Sunken Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Counter / Bar, Dining Area
  • Kitchen Features: Granite Counters, Open to Family Room
  • Laundry: Laundry Area, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 391.38

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+), Sliding Glass Doors
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Fence: Block
  • Patio: Concrete Slab, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Attached, Side By Side, Driveway
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Common RV Parking
  • Pet Rules: Call, Pets Permitted

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Sewer, Insurance
  • HOA Fees: 383.15
  • Phone: 8888820588|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 525-0-190-295
  • Lot Description: Fenced Yard
  • Lot Size Area: 3546

Multi Family

  • Number Of Units: 264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Oct 21, 2022
Sold by
Carolyn Rae Cole Revocable Trust
Bought by
Farrell Clark and Meyers Kristen
Seller's Agent
Carolyn Cole
Nourmand & Associates-HW
Buyer's Agent
Laura Allen
The Reznick Group
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%
Views
49
Current Estimated Value
$796,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,815
Avg. Annual Appreciation
4.43%
Original Mortgage
$624,800
Outstanding Balance
$605,441
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$191,374

Purchase Details

Closed on
Mar 18, 2022
Sold by
Rae Cole Carolyn
Bought by
Carolyn Rae Cole Revocable Trust

Purchase Details

Closed on
Mar 25, 2014
Sold by
Cole Carolyn Rae
Bought by
Cole Carolyn Rae and Cole Dyana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 12, 1999
Sold by
Trust Becker Eileen M & Becker Theodore F and Becker Eileen M
Bought by
Cole Carolyn Rae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.91%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farrell Clark $710,000 Lawyers Title
Carolyn Rae Cole Revocable Trust -- Accommodation/Courtesy Recordi
Cole Carolyn Rae -- None Available
Cole Carolyn Rae $220,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrell Clark $49,000
Open Farrell Clark $624,800
Previous Owner Cole Carolyn Rae $150,000
Previous Owner Cole Carolyn Rae $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2022 11/16/22 Sold $710,000 +1.6% $398 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $699,000 -- $391 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,021 $724,200 $470,730 $253,470
2023 $7,861 $710,000 $461,500 $248,500
2022 $3,841 $324,976 $129,989 $194,987
2021 $3,774 $318,604 $127,440 $191,164
2020 $3,371 $315,338 $126,134 $189,204
2019 $3,283 $309,156 $123,661 $185,495
2018 $3,218 $303,095 $121,237 $181,858
2017 $3,156 $297,153 $118,860 $178,293
2016 $3,127 $291,328 $116,530 $174,798
2015 $3,073 $286,954 $114,781 $172,173
2014 -- $281,335 $112,534 $168,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-206523

The MLS

APN: 525-0-190-295