NOT LISTED FOR SALE

Estimated Value: $786,832 - $849,000

2 Beds
2 Baths
1,368 Sq Ft
$395/mo HOA Fee

Last Sold July 12, 2016

Last sale price $549,000 $401 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,285/month

22 Days on Market

Highlights

  • Property has ocean access
  • Heated Lap Pool
  • Clubhouse
  • Fitness Center
  • Ocean Side of Freeway
  • Property is near clubhouse

About This Home

As of July 2016

PRICE for IMMEDIATE Sale! This beautiful, bright upgraded Madeira Condominium is located in the much sought after Colony at Mandalay Bay. Minutes away from breathtaking beaches with view of the Channel Islands..... Bike, surf, play volleyball or just gaze at the beauty of the ocean. The Master suite has been tastefully remodeled with a lovely vanity and tiled shower with seat, newer kitchen counter and flooring, convenient adjacent laundry/storage closet. The den has been converted into what could be used as a third bedroom. There are wood floors thru out. The spacious patio has Paver tiles. This end unit is perfectly sited on a lovely greenbelt.....close to the clubhouse, pools, spas, and tennis courts. The complex also has newly updated Gym equipment and three Racquetball courts. If that is not enough, you are minutes away from Marina's and many Golf Courses and Ventura! It's Paradise....

Last Agent to Sell the Property

Cathy Cressy

Sotheby's International Realty License #01028337 Listed on: 04/12/2016

Sotheby's International Realty

Last Buyer's Agent

Sandra Rutter

Pinnacle Estate Properties, In License #01165186

Pinnacle Estate Properties, In

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • Two or More Common Walls

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Living Room Balcony
  • Home Gym
  • Park or Greenbelt Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Tile Countertops

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Heated Lap Pool
  • Exercise

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Ocean Side of Freeway
  • Exterior Lighting

Location

  • Property is near clubhouse

Listing and Financial Details

  • Earthquake Insurance Required
  • Assessor Parcel Number 1910390875

Community Details

Overview

  • 440 Units
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Racquetball
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Guard
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$395 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1910390875
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1368.00
  • Interior Amenities: Living Room Balcony, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls, End Unit
  • Flooring: Stone, Tile, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 401.32
  • Room Type: All Bedrooms Down, Exercise Room

Exterior Features

  • View: Park/Greenbelt
  • Pool Features: Association, Community, Exercise Pool, Heated, Lap, Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse, Controlled Access, Earthquake Insurance, Guard, Gym/Ex Room, Pet Rules, Pets Permitted, Pool, Racquetball, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 395.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Close to Clubhouse, Greenbelt

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 440
  • Number Of Units Total: 440
  • Waterfront Features: Beach Access, Ocean Access, Ocean Side of Freeway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2016
Sold by
2235 Martinique Ln Llc
Bought by
Adams Diane
Current Estimated Value
$813,458

Purchase Details

Closed on
Jul 29, 2013
Sold by
Epstein Matt and Kaplan Jane
Bought by
2235 Martinique Ln Llc

Purchase Details

Closed on
Apr 1, 1996
Sold by
Barrow Robert D and Barrow Patricia A
Bought by
Winfield Richard L and Winfield Jill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,050
Interest Rate
7.68%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Adams Diane $549,000 California Title Company
2235 Martinique Ln Llc -- Accommodation
Winfield Richard L $179,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Winfield Richard L $170,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2016 07/12/16 Sold $549,000 -3.5% $401 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $569,000 -- $416 / 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 $7,680 $637,156 $414,327 $222,829
2024 $7,680 $624,663 $406,203 $218,460
2023 $7,399 $612,415 $398,238 $214,177
2022 $7,176 $600,407 $390,429 $209,978
2021 $7,117 $588,635 $382,774 $205,861
2020 $7,248 $582,601 $378,850 $203,751
2019 $7,043 $571,178 $371,422 $199,756
2018 $6,944 $559,980 $364,140 $195,840
2017 $6,590 $549,000 $357,000 $192,000
2016 $4,977 $414,210 $165,683 $248,527
2015 $5,030 $407,991 $163,196 $244,795
2014 $5,018 $400,000 $160,000 $240,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16076551

California Regional Multiple Listing Service (CRMLS)

APN: 191-0-390-875