NOT LISTED FOR SALE

Estimated Value: $339,000 - $368,000

1 Bed
1 Bath
533 Sq Ft
$514/mo HOA Fee

Last Sold March 22, 2024

Last sale price $379,000 $711 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,716/month

46 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • End Unit
  • In Ground Pool
  • Contemporary Architecture
  • Solid Surface Countertops

About This Home

As of March 2024

Resort-style condo at Richmond’s Marina Bay. 232 Marina Lakes Drive is a Beautiful, 1 bedroom, 1 bath, upper-level 533 sq. ft. (per public record) corner unit with a patio. Features include an open floor plan, a modern updated kitchen with granite countertops, a dishwasher, a microwave, a shower over the tub, an in-unit washer and dryer, single covered parking spot, and dedicated storage unit. The HOA offers 2 swimming pools, 2 hot tubs, a modern fitness center, and a spacious community greenbelt. Included in the HOA monthly fee of $514, are water/sewer, garbage, exterior maintenance, common area, and security services. Convenient access to 580/80, San Francisco, Oakland, Berkeley, Marin County, and BART stations. Just a stone’s throw to the RichmondFerry Terminal with convenient service to San Francisco! Only a short distance to trails, parks, playgrounds, and marinas. Nearby access for exercising, sailing, or just sitting back and enjoying the lovely Marina Bay community.

Last Agent to Sell the Property

Luther Martin

Winkler Real Estate Group License #01300553 Listed on: 01/17/2024

Winkler Real Estate Group

Last Buyer's Agent

Robert Brillantes

Remax Dream Homes License #01511536

Remax Dream Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 1992

Lot Details

  • End Unit

HOA Fees

  • $514 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Shingle Exterior
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1-Story Property
  • Security Gate

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Parking

  • 1 Parking Space
  • Carport
  • Guest Parking

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool

Utilities

  • No Cooling
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5606802311

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, hazard insurance, management fee, insurance, ground maintenance, reserves, security/gate fee, trash, water/sewer
  • 468 Units
  • Not Listed Association, Phone Number (510) 235-2244
  • Marina Bay Subdivision

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool or Spa Combo
  • Trails

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,119

Year Built

Built in 1992

Lot Details

0

HOA Fees

$514 per month

Listing Details

  • Stories: 1
  • Year Built: 1992
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Subdivision Name: MARINA BAY
  • Directions: Frist entrance on Marina Bay Parkway use GPS
  • Architectural Style: Contemporary
  • Building Name: Marina Bay
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Additional Rooms, Counter - Solid Surface
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Microwave, Refrigerator

Exterior Features

  • Roof: Shingle
  • Lot Features: Regular
  • Pool Features: In Ground, Fenced, Pool/Spa Combo, Community
  • Pool Private: No
  • Common Walls: Corner Unit
  • Construction Type: Wood Shingles, Wood Siding, Other, Shingles
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport
  • Total Parking Spaces: 1

Utilities

  • Heating: Baseboard, Electric
  • Utilities: Cable Available, Internet Available, Individual Gas Meter, Master Electric Meter
  • Cooling: None
  • Laundry Features: Laundry Closet, Washer/Dryer Stacked Incl
  • Security: Double Strapped Water Heater, Security Fence, Security Gate, Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Fitness Center, Pool, Gated, Spa/Hot Tub, Tennis Court(s), Guest Parking, Recreation Facilities, Trail(s)
  • Association Fee: 514
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 510-235-2244
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Hazard Insurance, Management Fee, Insurance, Maintenance Grounds, Reserves, Security/Gate Fee, Trash, Water/Sewer

Lot Info

  • Lot Size Sq Ft: 2124
  • Parcel Number: 5606802311
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Mar 15, 2024
Sold by
Xie Xiao-Bi and Xie Hourong
Bought by
Mendiola Vincent and Mendiola Kimberly
Seller's Agent
Luther Martin
Winkler Real Estate Group
Buyer's Agent
Robert Brillantes
Remax Dream Homes
List Price
$379,000
Sold Price
$379,000
Views
62
Current Estimated Value
$354,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,181
Avg. Annual Appreciation
-4.67%
Original Mortgage
$374,931
Outstanding Balance
$369,787
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
-$14,968

Purchase Details

Closed on
Apr 15, 2011
Sold by
Wells Fargo Bank Na
Bought by
Xie Xiao Bi and Song Hourong

Purchase Details

Closed on
Mar 9, 2011
Sold by
Dela Mora Griselda
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 10, 2006
Sold by
Lennar Emerald Marina Bay Llc
Bought by
Dela Mora Griselda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mendiola Vincent $379,000 Old Republic Title
Xie Xiao Bi $85,000 Servicelink
Wells Fargo Bank Na $57,049 Accommodation
Dela Mora Griselda $276,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendiola Vincent $374,931
Previous Owner Dela Mora Griselda $220,000
Previous Owner Dela Mora Griselda $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $379,000 -- --
03/22/2024 03/22/24 Sold $379,000 0.0% $711 / Sq Ft
03/22/2024 03/22/24 Sold $379,000 0.0% $711 / Sq Ft
03/03/2024 03/03/24 Pending -- -- --
03/03/2024 03/03/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $379,000 0.0% $711 / Sq Ft
01/17/2024 01/17/24 For Sale $379,000 -- $711 / Sq Ft
Source: bridgeMLS

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 $3,119 $386,580 $255,000 $131,580
2024 $3,084 $106,754 $31,396 $75,358
2023 $3,084 $104,662 $30,781 $73,881
2022 $2,989 $102,611 $30,178 $72,433
2021 $2,913 $100,600 $29,587 $71,013
2019 $2,719 $97,617 $28,710 $68,907
2018 $2,613 $95,704 $28,148 $67,556
2017 $2,531 $93,829 $27,597 $66,232
2016 $2,460 $91,990 $27,056 $64,934
2015 $2,416 $90,609 $26,650 $63,959
2014 $2,352 $88,835 $26,128 $62,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41047705

bridgeMLS

APN: 560-680-231-1