561 Spring Road 43, Moorpark, California 93021, Moorpark, 93021 - 3 bed, 3 bath
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561 Spring Road 43
Moorpark, California 93021
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,270Sq Ft
3,049Lot Size
Property Price
LIST PRICE$499,900
EST. MARKET VALUE
$533,285
6% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $499,900—positioned well below the $533,286 Fair Market Value by 6%. This valuation gap provides $33,386 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a fully remodeled kitchen, quartz countertops, and modern flooring, this home offers a sophisticated lifestyle. Located near highly-rated schools like Mesa Verde Middle, it is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready, high-quality residence.
Estimated Market Value
$533,285+$33,385 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Moorpark.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 561 Spring Road 43 Subject | $499,900* List Price | 3 | 3 | 1,270 | $420 | - |
A 553 Spring Road 39 Sold | $500,000 | 3 | 3 | 1,270 | $394 | 0.0 mi |
B 540 Spring Road 94 Sold | $495,000 | 3 | 3 | 1,270 | $390 | 0.0 mi |
C 516 Spring Road 113 Sold | $505,000 | 3 | 2 | 1,038 | $487 | 0.1 mi |
D 574 Charles Street Sold | $585,000 | 2 | 2 | 1,375 | $425 | 0.4 mi |
E 569 Spring Road #50 Active | $539,900 List Price | 3 | 3 | 1,270 | $425 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1978, the property has undergone a comprehensive, modern renovation within the last 5 years. The kitchen and bathrooms are fully updated with contemporary finishes like quartz countertops, subway tile, and new fixtures. With new wood-like flooring and recessed lighting throughout, the home is in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Upgrades
The property features a fully remodeled kitchen with quartz countertops, stainless steel appliances, and a wine refrigerator, providing a high-end, move-in-ready aesthetic.
- Optimal Layout and Natural Light
The open-concept floor plan is enhanced by a large skylight and abundant recessed lighting, creating a bright and airy living space that feels larger than its square footage.
- Desirable 3-Bedroom Configuration
Offering three full bedrooms and three bathrooms, this condo provides a rare and functional layout for the price point, making it ideal for families or those needing home office space.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $465 per month is a significant recurring expense that may impact the overall affordability and budget for some buyers.
- Aging Building Infrastructure
Built in 1978, the complex may require ongoing maintenance or future assessments related to older common area components and exterior systems.
About 561 Spring Road 43
Welcome to 561 Spring Rd. #43, a beautifully updated condo in the heart of Moorpark.This move in ready home features a tastefully remodeled kitchen with modern gray cabinetry, sleek quartz countertops, classic white subway tile backsplash, open wood shelving, and stainless steel appliances including a gas range and built in wine refrigerator. The open concept layout flows seamlessly into the dining and living areas, enhanced by abundant recessed lighting and a large skylight that fills the space with natural light.Wood like flooring runs throughout the main living areas, adding warmth and durability, while updated bathrooms offer a clean, contemporary feel. Thoughtful finishes, neutral tones, and stylish fixtures create a perfect blend of comfort and modern design. Ideally located near shopping, dining, and freeway access, this condo offers both convenience and style an opportunity not to be missed.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1978
- Lot Size
- 3,049 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $465.0 / Month
Neighborhood Insights
Moorpark Unified Schools
Peach Hill Academy
Grades K-5 • 1.0 mi
6/10
Mesa Verde Middle School
Grades 6-8 • 0.8 mi
6/10
Moorpark High School
Grades 9-12 • 1.7 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,270 | 1,317 |
| Lot Size | 3,049 | 1,742 |
| Price | $499.9K | $559.8K |
| Price per sq ft | $394 | $418 |
| Built year | 1978 | 1980 |
| HOA | $465.0 | $599 |
| Days on market | 22 | 58 |
Pricing History
Listed for Sale
Aug 18, 2026
$499,900
Initial Listing
Sold
Oct 3, 2019
$320,000
Public Record
Sold
Aug 25, 2004
$335,000
Public Record