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488 Bannister Way

Simi Valley, CA 93065

3 bd 2 ba 1,835 sqft Built 1992 Lot 1,835 sqft townhomes
Most recent sale
$729,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $729,000 MLS #222001987
Apr 29, 2022 Listed $729,000 MLS #222001987
Dec 1, 2021 Sold $525,000 Public Record
Jul 25, 2002 Sold $295,000 Public Record
Nov 30, 1998 Sold $240,000 Public Record
Mar 5, 1996 Sold $145,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $270,608 $503,012 $773,620 $9,054
2024 $270,608 $503,012 $773,620 $8,927
2023 $260,100 $483,480 $743,580 $8,399
2022 $212,672 $141,773 $354,445 $4,253
2021 $208,502 $138,994 $347,496 $4,223
2020 $206,365 $137,570 $343,935 $4,136
2019 $202,319 $134,873 $337,192 $3,942
2018 $198,352 $132,229 $330,581 $3,909
2017 $194,463 $129,637 $324,100 $3,822
2016 $190,650 $127,096 $317,746 $3,651
2015 $187,787 $125,188 $312,975 $3,575
2014 $184,109 $122,737 $306,846 $3,541
2013 $183,278 $122,183 $305,461 $3,517
2012 $179,685 $119,788 $299,473 $3,464
2010 $174,847 $116,563 $291,410 $3,345
2009 $175,263 $116,841 $292,104 $3,342
2008 $171,827 $114,550 $286,377 $3,274
2007 $168,458 $112,304 $280,762 $3,178

Property facts

Year built
1992
Property type
townhomes
Stories
2
Beds
3
Baths
2
Living area
1,835 sqft
Lot size
1,835 sqft
ZIP code
93065
City
Simi Valley
Street
Bannister Way
Coordinates
34.23127, -118.80451

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,872
Gross rental yield
9.67%
Implied cap rate
6.28%
Trend-extrapolated value

Frequently asked questions

When did 488 Bannister Way last sell?
488 Bannister Way most recently sold on Jun 3, 2022 for $729,000.
What is the current tax assessment for 488 Bannister Way?
The most recent total assessment for 488 Bannister Way (year 2025) is $773,620 with $9,054 in property tax.
How does 488 Bannister Way's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $729,000.
When was 488 Bannister Way built?
488 Bannister Way was built in 1992.
How does 488 Bannister Way compare to others on Bannister Way?
We track 8 other properties on Bannister Way. Browse the list under "Other properties on Bannister Way" to compare beds, baths, and sale history.
What are the property facts for 488 Bannister Way?
488 Bannister Way is a 3 bed, 2 bath, 1,835 sqft, 1,835 sqft lot townhomes.
Is 488 Bannister Way a flip candidate?
Yes — 488 Bannister Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 488 Bannister Way a tax-appeal candidate?
No — 488 Bannister Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.1%
2026 Q3
$1.06M
2026 Q4
$1.07M
ZIP 93065 — Median Price History + Forecast

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