NOT LISTED FOR SALE

502 Spring Rd Unit 126 Moorpark, CA 93021

Estimated Value: $510,000 - $549,161

3 Beds
2.5 Baths
1,270 Sq Ft
$385/mo HOA Fee

Last Sold August 19, 2022

Last sale price $485,000 $382 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,630/month

Highlights

  • Community Pool
  • 2 Car Attached Garage
  • Community Playground
  • Peach Hill Academy Rated A
  • Views
  • Laundry Room

About This Home

As of August 2022

Welcome to the highly desirable Park Springs community. Stunning 3 bedroom and 2.5 bathroom 1,270 square foot condo in the beautiful city of Moorpark. Boasts a kitchen with granite countertops that opens to the spacious family room with a gas fireplace. Upstairs includes a master suite with a personal bathroom and two bedrooms/1 bath. As a bonus, recently purchased washer and dryer are included as well as a new water heater. Nice community with 2 garages and assigned parking. Community amenities include a pool, lush greenbelt, and children’s playground. Great location close to local award winning schools, shops, restaurants, and the 23/118 freeway. Move quick as this gem won't last!

Last Agent to Sell the Property

Jonathan Kang

No Firm Affiliation License #02104515 Listed on: 07/20/2022

Last Buyer's Agent

Richard Liu

McSen Realty License #01963017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,403

Year Built

  • Built in 1978

Lot Details

  • 3,049

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,270 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Additional Features

  • Two or More Common Walls
  • Central Air

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 263600
  • Assessor Parcel Number 5120190425

Community Details

Overview

  • 128 Units
  • Park Springs HOA, Phone Number (818) 707-0200
  • Lordon Management HOA
  • Moorpark Estate Subdivision

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,403

Year Built

Built in 1978

Lot Details

0

HOA Fees

$385 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Washer and Dryer
  • Property Attached: Yes
  • Subdivision Name Other: Moorpark Estate (218)
  • View: Yes
  • Zoning: RPD15U
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5120190425
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1270.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 381.89
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Playground
  • Association Fee: 385.00
  • Association Fee Frequency: Monthly
  • Association Name: Park Springs HOA
  • Phone: 8187070200
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: Lordon Management

Schools

  • School District: Moorpark Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units In Community: 128
  • Number Of Units Total: 128

Tax Info

  • Tax Census Tract: 76.11
  • Tax Lot: 2
  • Tax Tract Number: 263600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2024
Sold by
Ma Lei
Bought by
Ma Jack
Current Estimated Value
$528,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$390,133
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$138,657

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 1, 2022
Sold by
Luo Pengsha
Bought by
Ma Lei
Seller's Agent
Jonathan Kang
No Firm Affiliation
Buyer's Agent
Richard Liu
McSen Realty
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$388,000
Interest Rate
7.37%
Mortgage Type
Balloon

Purchase Details

Listed on
Jul 20, 2022
Closed on
Jul 26, 2022
Sold by
Karimi Rad Mehrdad
Bought by
Ma Lei and Ma Jack
Seller's Agent
Jonathan Kang
No Firm Affiliation
Buyer's Agent
Richard Liu
McSen Realty
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.37%
Mortgage Type
Balloon

Purchase Details

Listed on
May 22, 2015
Closed on
Oct 13, 2015
Sold by
Rad Mehrdad Karimi
Bought by
Rad Mehrdad Karimi and Kang Grace Reiko
Seller's Agent
Harry Bartley
RE/MAX Gold Coast REALTORS
Buyer's Agent
Harry Bartley
RE/MAX Gold Coast REALTORS
List Price
$265,000
Sold Price
$257,500
Premium/Discount to List
-$7,500
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.60%

Purchase Details

Listed on
May 22, 2015
Closed on
Sep 1, 2015
Sold by
Nash Barbara and Barbara Nash Living Trust
Bought by
Rad Mehrdad Karimi
Seller's Agent
Harry Bartley
RE/MAX Gold Coast REALTORS
Buyer's Agent
Harry Bartley
RE/MAX Gold Coast REALTORS
List Price
$265,000
Sold Price
$257,500
Premium/Discount to List
-$7,500
-2.83%

Purchase Details

Closed on
May 6, 2013
Sold by
Nash Barbara
Bought by
Nash Barbara and Barbara Nash Living Trust

Purchase Details

Closed on
Aug 14, 2012
Sold by
Nash Alan and Nash Barbara
Bought by
Nash Barbara and Alan Nash Revocable Trust

Purchase Details

Closed on
May 21, 2009
Sold by
Nash Alan J
Bought by
Nash Alan and Nash Barbara

Purchase Details

Closed on
Apr 12, 2005
Sold by
Nash Laurie R
Bought by
Nash Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2005
Sold by
Vanballegooijen John A and Vanballegooijen Van Ballegooijen
Bought by
Nash Alan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1998
Sold by
Vanballegooijen Terry L and Vanballegooijen Kathleen C
Bought by
Vanballegooijen John A and Vanballegooijen Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
9%
Source: Public Records

Range of Values:

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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
Ma Jack $395,000 Fidelity National Title
Ma Lei -- Lawyers Title
Ma Lei $485,000 Lawyers Title
Rad Mehrdad Karimi -- Fidelity National Title Co
Rad Mehrdad Karimi $257,500 Fidelity National Title Co
Nash Barbara -- None Available
Nash Barbara -- None Available
Nash Barbara -- None Available
Nash Alan -- None Available
Nash Alan J -- Equity Title Company
Nash Alan J $355,000 Equity Title Company
Vanballegooijen John A -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Jack $395,000
Previous Owner Ma Lei $388,000
Previous Owner Ma Lei $388,000
Previous Owner Nash Alan J $284,000
Previous Owner Vanballegooijen John A $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2022 08/19/22 Sold $485,000 +2.1% $382 / Sq Ft
07/20/2022 07/20/22 For Sale $475,000 +84.5% $374 / Sq Ft
09/22/2015 09/22/15 Sold $257,500 -2.8% $203 / Sq Ft View Prior Sale
05/28/2015 05/28/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $265,000 -- $209 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $5,403 $507,297 $329,613 $177,684
2024 $5,403 $494,700 $321,300 $173,400
2023 $5,283 $485,000 $315,000 $170,000
2022 $3,155 $287,243 $186,849 $100,394
2021 $3,148 $281,611 $183,185 $98,426
2020 $3,119 $278,725 $181,307 $97,418
2019 $3,050 $273,260 $177,752 $95,508
2018 $3,018 $267,903 $174,267 $93,636
2017 $2,956 $262,650 $170,850 $91,800
2016 $2,900 $257,500 $167,500 $90,000
2015 $3,017 $268,000 $174,000 $94,000
2014 $2,507 $223,000 $145,000 $78,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22158901

California Regional Multiple Listing Service (CRMLS)

APN: 512-0-190-425