In the bustling city of Moorpark, the real estate market is as dynamic as it is diverse. With properties like 13211 Peach Hill Rd making waves in the market due to its desirable features and prime location, understanding the nuances of buying and selling homes in this area is crucial. This article delves into the Moorpark housing landscape, offering insights into recent sales trends, the benefits of immediate home buying services, and the investment potential of properties like 13211 Peach Hill Rd. Whether you’re a seasoned investor or a first-time homebuyer, this guide aims to navigate you through the intricacies of the Moorpark real estate market.
Key Takeaways
- The Moorpark real estate market is experiencing a significant increase in home values, with properties like 13211 Peach Hill Rd listed at $950,000, showcasing a higher price point than the median sold price.
- Immediate home buying services in Moorpark offer sellers a fast-track option to sell their homes, often including benefits such as closing credits and streamlined processes.
- 13211 Peach Hill Rd highlights the appeal of Moorpark properties, featuring 4 bedrooms, 2 bathrooms, and a convenient location with nearby schools and amenities.
- Understanding the local market trends, such as the average time on market and comparative market analysis, is vital for both buyers and sellers to make informed decisions.
- Expanding the search for homes in neighboring cities like Simi Valley and Las Posas can provide additional real estate opportunities for those looking to invest in the Ventura County area.
Understanding the Moorpark Real Estate Market
Recent Sales Trends in Moorpark
The Moorpark real estate market has been a hive of activity, reflecting a competitive environment where homes are highly sought after. In March 2024, the market saw a significant number of properties changing hands, with a notable proportion selling above the asking price. The average time a home spent on the market was 30 days, indicating a brisk pace in transactions.
The median list price for homes in Moorpark was $860,000 during the same period, showcasing the area’s robust property values.
Here’s a snapshot of Moorpark’s recent sales trends:
| Status | Number of Listings | Percentage |
|---|---|---|
| Sold Above Asking Price | 13+ | – |
| Sold At Asking Price | 5+ | – |
| Sold Below Asking Price | 6+ | – |
These figures are a testament to the vitality of the Moorpark housing market, with a diverse range of sales outcomes. Whether you’re considering selling or buying, understanding these trends is crucial for making informed decisions.
Comparative Market Analysis for 13211 Peach Hill Rd
A comparative market analysis (CMA) for 13211 Peach Hill Rd reveals significant details that are crucial for both potential buyers and sellers. The property, with 4 bedrooms and 2 bathrooms, spans 1,770 square feet and is a single-family residence built in 1977. Its last recorded sale was on November 1, 2004, for $541,000.
The current listing price for this property is a competitive $950,000, reflecting the growth in Moorpark’s real estate market.
The assigned schools, including Peach Hill Academy and Moorpark High School, add to the property’s appeal, with ratings that are attractive to families. The annual property tax was last recorded at $7,273. When compared to the broader Moorpark market, 13211 Peach Hill Rd stands out with a higher listing price and cost per square foot, indicating a desirable investment potential.
| Metric | 13211 Peach Hill Rd | Moorpark Average |
|---|---|---|
| Listing Price | $950,000 | $860,000 |
| Price/SqFt | $537 | $447 |
| Days on Market | 4 | 30 |
This analysis underscores the property’s competitive edge in the market, with a listing price that is $90K more than the median sold price for homes in Moorpark.
Key Takeaways for Home Sellers and Buyers
In the dynamic Moorpark real estate market, timely decisions and informed actions are crucial for both sellers and buyers. Here are some key takeaways to consider:
- Sellers: Understand the value of your property by comparing recent sales and conducting a thorough market analysis. Quick cash services can expedite the selling process, offering financial advantages such as reduced closing costs.
- Buyers: Stay updated on market trends and be prepared to act swiftly when opportunities arise. Consider the long-term investment potential of properties like 13211 Peach Hill Rd.
The right real estate agent can make a significant difference in navigating the market complexities. They provide valuable insights and can help streamline the buying or selling experience.
Remember, whether you’re looking to sell quickly or buy wisely, the Moorpark market offers diverse opportunities to fit various needs and preferences.
The Fast Track to Selling Your Moorpark Home
Benefits of Immediate Home Buying Services
Immediate home buying services offer a streamlined and efficient path to selling your home in Moorpark. With a focus on speed and convenience, these services can be particularly beneficial for those looking to avoid the lengthy and often unpredictable traditional selling process.
- Quick process: From initial offer to closing, the timeline is significantly reduced.
- Cash offers: Sellers receive a direct cash offer, which can facilitate a faster and more secure transaction.
- Stop foreclosure: For homeowners facing financial difficulties, immediate buying services can provide a lifeline to prevent foreclosure.
- Documentation assistance: Sellers are guided through the necessary paperwork, simplifying the process.
The advantages of immediate home buying services are clear, offering a practical solution for homeowners who value time, certainty, and ease in their selling experience.
How We Buy Houses in Moorpark: The Process
When you’re looking to sell your home quickly in Moorpark, our immediate home buying service streamlines the process for a hassle-free experience. We specialize in purchasing homes directly from sellers, ensuring a fast and efficient sale without the need for traditional listings or open houses.
Our process is straightforward and transparent:
- Initial Contact: Reach out to us with details about your property.
- Property Assessment: We review the property’s condition and location.
- Fair Offer: You receive a no-obligation cash offer based on market value.
- Acceptance: If you accept, we proceed with the paperwork.
- Closing: We close at a reputable local title company, often within days.
We understand that selling a home can be a significant decision, and we’re committed to making it as smooth and stress-free as possible. Our team is ready to handle all aspects of the sale, from the initial offer to the final closing, allowing you to move on with your life without delay.
We also cater to unique situations, such as selling inherited homes during the probate period. With no fees and a fast closing, we provide a clear path forward during what can be a challenging time. For a personalized offer, contact us at (657) 206-0121 or [email protected]
Closing Credit and Financial Advantages
When selling your home in Moorpark, understanding the financial incentives, such as closing credits, can make a significant difference. Closing credits are a powerful tool in real estate transactions, often used to make a deal more attractive or to alleviate the financial burden on buyers.
For instance, a property like 13211 Peach Hill Rd offers a closing credit of $10,000*, which can be a decisive factor for potential buyers. This credit can be applied towards various closing costs, effectively reducing the out-of-pocket expenses for the purchaser.
The financial advantages of immediate home buying services extend beyond closing credits. Sellers benefit from a faster transaction, avoiding lengthy market exposure and reducing holding costs.
Here’s a quick overview of potential financial benefits:
- Reduced holding costs: Less time on the market means fewer mortgage payments.
- No real estate commission: Selling directly to a home buying service can eliminate agent fees.
- Flexible closing dates: Align the sale with your financial planning.
Understanding these financial nuances is crucial for both sellers and buyers to navigate the real estate market effectively.
Spotlight on 13211 Peach Hill Rd: A Desirable Property
Property Highlights and Features
13211 Peach Hill Rd boasts an array of desirable features that cater to comfort, convenience, and modern living. The home’s interior is accentuated by wood flooring, cathedral ceilings, and a cozy fireplace in the family room.
- Appliances: Freezer, Disposal, Microwave, Range, Refrigerator
- Bedrooms: 4
- Full Bathrooms: 2
- Special Features: Beamed Ceilings, Recessed Lighting, Walk-In Closet(s)
The exterior of the property complements its interior with a view of the park and practical rain gutters. Parking is made easy with a 2-space garage that provides direct access to the home.
Emphasizing the smart home features, this property is equipped with modern amenities such as granite countertops, stainless steel appliances, and luxury vinyl plank flooring, ensuring a blend of style and functionality.
With no private pool to maintain, homeowners can enjoy the landscaped corner lot and its sprinkler system, which spans 0.18 acres. The home’s efficient use of space and thoughtful design make it an attractive option for those seeking a blend of luxury and practicality in Moorpark.
Neighborhood Insights and Schools Nearby
The neighborhood surrounding 13211 Peach Hill Rd is not only desirable for its aesthetic appeal but also for its educational opportunities. Peach Hill Academy, an elementary school with a commendable rating of 7 out of 10, is conveniently located just 0.20 miles from the property, ensuring a short commute for families with young children.
The area boasts a high percentage of residents with post-secondary degrees, reflecting a community that values education and career advancement. Here’s a quick snapshot of the educational attainment in the area:
| Education Level | Percentage |
|---|---|
| Post Secondary | 75% |
| High School | 13% |
| Masters | 11% |
| Doctorate | 1% |
Families considering a move to Moorpark will find a balanced mix of singles and married couples, with and without children. The majority of neighbors are homeowners, which contributes to the stable and invested community atmosphere.
The walkability score of 78 indicates that most errands can be accomplished on foot, adding to the convenience and charm of the neighborhood.
With a variety of nearby schools, including Monterey Park Elementary School and Lincoln Elementary School, parents have multiple options for their children’s education. The community’s commitment to a high standard of living is evident in the care taken to maintain properties and public spaces, making it an inviting place to call home.
Investment Potential of the Property
The investment potential of 13211 Peach Hill Rd is underscored by its consistent appreciation over time. Historical sales data reveals a pattern of growth, making it a compelling choice for investors seeking long-term value. The property’s strategic location and inherent features contribute to its robust market desirability.
With a history of solid returns and a promising market trajectory, 13211 Peach Hill Rd represents a prudent investment opportunity.
Here’s a snapshot of the property’s sales history:
| Date | Sale Price |
|---|---|
| Nov 1, 2004 | $541,000 |
| Feb 22, 2002 | $317,000 |
| Aug 6, 1998 | $237,000 |
| Feb 29, 1988 | $160,000 |
This table not only reflects the property’s past performance but also hints at its potential for future appreciation. Investors should consider this alongside the current market conditions and the property’s unique attributes when evaluating its investment viability.
Navigating the Home Buying and Selling Journey
Connecting with the Right Real Estate Agent
Finding the right real estate agent is a pivotal step in the journey of buying or selling a home. A skilled agent can navigate the complexities of the Moorpark market, ensuring that you’re well-represented whether you’re on the buying or selling side. It’s essential to choose an agent with a robust understanding of the local market and a track record of successful transactions.
- Look for agents with positive reviews and a strong presence in the Moorpark area.
- Consider their experience with homes similar to yours in terms of price and features.
- Evaluate their communication style and availability to ensure they align with your expectations.
Remember, while some buyers believe they can forgo a buyer’s agent to save on fees, this can lead to a dual agency situation, which may not serve your best interests.
Ultimately, the goal is to partner with an agent who will advocate for your needs and help you achieve the best possible outcome. Whether you’re eyeing a property like the one at 13211 Peach Hill Rd or looking to sell, the right agent is out there. Start your search on platforms like realtor.com to find a Moorpark REALTOR who meets your criteria.
Understanding Closing Costs and HOA Fees
When purchasing a home in Moorpark, it’s crucial to account for closing costs and homeowners association (HOA) fees, which can significantly affect your overall budget. Closing costs typically include loan origination fees, appraisal fees, title searches, title insurance, surveys, taxes, deed-recording fees, and credit report charges. On the other hand, HOA fees are monthly or annual charges that cover the costs of maintaining and improving properties in the association.
While closing costs can vary widely, they generally range from 2% to 5% of the home’s purchase price. In Moorpark, for example, the annual property tax for a specific property was $7,273 in 2021. Additionally, HOA fees for the same property were $66 monthly.
Here’s a breakdown of some typical costs associated with buying a home:
| Expense Type | Frequency | Amount |
|---|---|---|
| HOA Fees | Monthly | $66 |
| Property Taxes | Annual | $7,273 |
| Homeowners Insurance | Monthly | $67 |
| Mortgage Insurance | Monthly | Varies |
Remember, these are just estimates, and actual costs will depend on various factors, including the specifics of your loan and the property itself. It’s essential to consult with your real estate agent or financial advisor to get a clear understanding of all the costs involved in your home purchase.
Mortgage Options and Affordability Calculations
Understanding the various mortgage options and accurately calculating affordability are crucial steps in the home buying process. Moorpark’s real estate market offers a range of mortgage products to suit different financial situations, from fixed-rate mortgages to adjustable-rate and interest-only options.
When considering a mortgage, it’s important to factor in not just the principal and interest, but also additional monthly costs such as taxes, insurance, and utilities.
Here’s a simplified example of how monthly costs can break down for a home priced at $675,000 with a 20% down payment and a 30-year fixed mortgage:
| Expense | Estimated Monthly Cost |
|---|---|
| Mortgage | $3,614 |
| Property Taxes | N/A |
| Home Insurance | $185 |
| Utilities | $205 |
| Total | $4,004 |
Remember, these figures are estimates and will vary based on individual circumstances and market conditions. Always use a comprehensive mortgage calculator and consult with a financial advisor to understand your specific situation.
Expanding Your Search: Homes in and Around Moorpark
Diverse Housing Options in Moorpark
Moorpark, California, offers a variety of housing options to suit different preferences and lifestyles. The average year of construction for properties in Moorpark is 1992, indicating a relatively modern housing stock. The city’s real estate is a mix of single detached homes, large apartment buildings, and townhouses, catering to both homeowners and renters.
Residents of Moorpark enjoy the convenience of having primary and secondary schools within walking distance from most homes. Although the city is car-friendly with ample parking, public transportation options are limited, making car ownership a common choice among locals.
The Ranch at Moorpark – Greystar provides a glimpse into the resort-style living available in the area, with charming two and three bedroom apartments that embody the relaxing community vibe.
For those interested in the housing market, here’s a snapshot of the types of homes for sale in Moorpark:
- 1 Bedroom homes
- 2 Bedroom homes
- 3 Bedroom homes
- 4 Bedroom homes
- 5+ Bedroom homes
Nearby cities such as Simi Valley and Las Posas also offer additional real estate opportunities for those looking to expand their search beyond Moorpark.
Nearby Cities with Real Estate Opportunities
While Moorpark offers a variety of housing options, expanding your search to nearby cities can uncover even more real estate opportunities. Cities such as Aromas, Boronda, and Carmel Valley Village present a diverse range of properties that cater to different preferences and budgets.
- Aromas Homes for Sale
- Boronda Homes for Sale
- Carmel Valley Village Homes for Sale
- Castroville Homes for Sale
- Marina Homes for Sale
Each city has its unique charm and community, offering a fresh perspective for those looking to invest or find their new home. For instance, Marina is known for its coastal lifestyle, while Spreckels boasts a rich historical backdrop.
When considering properties in these areas, it’s essential to factor in the local market trends and how they compare to Moorpark. This can influence both the short-term enjoyment and long-term investment potential of your purchase.
Exploring Different Property Types and Sizes
Moorpark’s real estate landscape offers a diverse range of property types and sizes to accommodate various preferences and budgets. From cozy studios to expansive estates, the city caters to singles, families, and everyone in between.
- Studios and 1-bedroom apartments are ideal for individuals or couples seeking a compact living space.
- 2 to 3-bedroom homes suit small families or those needing extra rooms for offices or guests.
- Larger 4+ bedroom properties are perfect for growing families or those desiring more luxurious accommodations.
The key to finding the right home is understanding your needs and matching them with the available property types in Moorpark.
For those looking to sell quickly, our website offers to buy houses in Morro Bay, CA for cash, streamlining the process by assessing the property and making an offer within 24-48 hours. This service is particularly beneficial for sellers in urgent need of liquidity.
Frequently Asked Questions
What is the current market trend for homes in Moorpark, CA?
As of March 2024, the Moorpark, CA real estate market has seen an increase in homes sold above asking price, with a 14.7% increase in homes for sale compared to the previous month. The median list price was $860,000, and the average time on the market was 30 days.
What are the features of the property at 13211 Peach Hill Rd?
The property at 13211 Peach Hill Rd features 4 bedrooms, 2 bathrooms, and a total of 1,770 square feet. It’s situated on a 0.18-acre lot and was built in 1977.
What financial advantages are offered with the immediate home buying service?
Our immediate home buying service offers a closing credit of up to $10,000 and the advantage of a quick and hassle-free sale without the need for traditional listing and showing processes.
How does the property at 13211 Peach Hill Rd compare to other homes in Moorpark?
13211 Peach Hill Rd is priced at $950,000, which is $90,000 more than the median sold price for Moorpark and $90/SqFt more than other homes in the area.
What are the HOA fees and taxes for the property at 13211 Peach Hill Rd?
The HOA fees for 13211 Peach Hill Rd are $66 monthly, and the annual tax amount is $7,273 based on the tax year 2021.
What types of properties are available for sale in and around Moorpark?
The Moorpark area offers a variety of property types for sale, including detached houses, terraced houses, bungalows, flats, and new homes. Nearby cities like Simi Valley and Las Posas also present real estate opportunities.