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1507 Wallace St

Simi Valley, CA 93065

4 bd 2 ba 1,226 sqft Built 1962 Lot 8,152 sqft single_family
Most recent sale
$740,000
Apr 18, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Sold $740,000 TheMLSCLAW
Mar 7, 2024 Listed $665,000 TheMLSCLAW
Dec 4, 1970 Sold $21,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $264,180 $490,620 $754,800 $9,047
2024 $264,180 $490,620 $754,800 $1,443
2023 $41,176 $18,795 $59,971 $1,353
2022 $40,369 $18,427 $58,796 $1,309
2021 $39,578 $18,066 $57,644 $1,265
2020 $39,173 $17,882 $57,055 $1,215
2019 $38,405 $17,532 $55,937 $1,155
2018 $37,652 $17,189 $54,841 $1,123
2017 $36,914 $16,852 $53,766 $1,081
2016 $36,191 $16,522 $52,713 $1,025
2015 $35,649 $16,275 $51,924 $985
2014 $34,951 $15,957 $50,908 $950
2013 $34,794 $15,886 $50,680 $945
2012 $34,112 $15,575 $49,687 $936
2010 $33,444 $15,270 $48,714 $914
2009 $33,275 $15,194 $48,469 $913
2008 $32,623 $14,897 $47,520 $901
2007 $31,984 $14,605 $46,589 $876

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,226 sqft
Lot size
8,152 sqft
ZIP code
93065
City
Simi Valley
Street
Wallace St
Coordinates
34.25891, -118.76934

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
$3,923
Gross rental yield
6.36%
Implied cap rate
4.14%
Trend-extrapolated value

Frequently asked questions

When did 1507 Wallace St last sell?
1507 Wallace St most recently sold on Apr 18, 2024 for $740,000.
What is the current tax assessment for 1507 Wallace St?
The most recent total assessment for 1507 Wallace St (year 2025) is $754,800 with $9,047 in property tax.
How does 1507 Wallace St's assessment compare to its last sale price?
The current assessment is 2.0% above the last sale price of $740,000.
When was 1507 Wallace St built?
1507 Wallace St was built in 1962.
How does 1507 Wallace St compare to others on Wallace St?
We track 8 other properties on Wallace St. Browse the list under "Other properties on Wallace St" to compare beds, baths, and sale history.
What are the property facts for 1507 Wallace St?
1507 Wallace St is a 4 bed, 2 bath, 1,226 sqft, 8,152 sqft lot single_family.
Is 1507 Wallace St a flip candidate?
No — 1507 Wallace St does not appear in our flips dataset.
Is 1507 Wallace St a tax-appeal candidate?
No — 1507 Wallace St 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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