NOT LISTED FOR SALE

242 Marina Lakes Dr Richmond, CA 94804

Marina Bay Neighborhood

Estimated Value: $522,000 - $532,000

2 Beds
2 Baths
1,006 Sq Ft
$572/mo HOA Fee

Last Sold January 24, 2022

Last sale price $560,000 $557 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,274/month

7 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Spa
  • Updated Kitchen
  • Contemporary Architecture

About This Home

As of January 2022

Coastal Resort Living Style is Calling. Top Floor unit condo located at Richmond Marina Bay, comes with many great features --bright lights, hardwood floors, enormous walk-in closet, freshly painted interior, and in-unit laundry included. HOA offers great amenities: gated community, designated carport parking, two heated swimming pools, 2 hot tubs, state-of-art fitness center, community club, electrical car charging station, and 3 lighted tennis courts. Best location for commuter with easy access to 580/80, SF/Oakland/Berkeley/Marina, BART Stations, and FERRY to San Francisco. With few minutes' walk to the bay trail, this home comes with a lifestyle--cycling, sailing, running, or just sitting back and enjoying the fabulous Marina Bay.

Last Agent to Sell the Property

Sara Min Zhao

Kw Advisors East Bay License #01449007 Listed on: 12/16/2021

Kw Advisors East Bay

Last Buyer's Agent

Ary Assadi

Bay Area Modern Real Estate License #1912843

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,472

Year Built

  • Built in 1992

Lot Details

  • 2,178

HOA Fees

  • $572 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Shingle Exterior

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Electric Cooktop
  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Carport

Pool

  • Spa

Utilities

  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 560680241

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, management fee, reserves, security/gate fee, trash, water/sewer
  • 468 Units
  • Collins Management Association, Phone Number (510) 235-2244
  • Marina Bay Subdivision
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,472

Year Built

Built in 1992

Lot Details

0

HOA Fees

$572 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: 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: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile, Carpet
  • Spa Features: Private
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: No Additional Rooms, Counter - Solid Surface, Updated Kitchen
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Lot Features: Regular
  • Pool Private: No
  • Construction Type: Wood Shingles
  • Property Condition: Existing

Garage/Parking

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

Utilities

  • Heating: Baseboard, Electric
  • Cooling: No Air Conditioning
  • Laundry Features: Dryer, Washer, In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Greenbelt, Fitness Center, Pool, Sauna, Gated, Tennis Court(s)
  • Association Fee: 572
  • Association Fee Frequency: Monthly
  • Association Name: COLLINS MANAGEMENT
  • Phone: 510-235-2244
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 2124
  • Parcel Number: 560680241
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 468

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Luong Dexter
Bought by
Luong Dexter and Dang Shirley
Current Estimated Value
$526,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,950
Outstanding Balance
$145,778
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$380,660

Purchase Details

Closed on
May 2, 2007
Sold by
Lennar Emerald Marina Bay Llc
Bought by
Luong Dexter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
6.14%
Mortgage Type
Unknown
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
Luong Dexter -- Chicago Title Company
Luong Dexter $433,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luong Dexter $202,950
Closed Luong Dexter $0
Closed Luong Dexter $50,115
Closed Luong Dexter $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $560,000 -- --
01/24/2022 01/24/22 Sold $560,000 +1.8% $557 / Sq Ft
12/23/2021 12/23/21 Pending -- -- --
12/16/2021 12/16/21 For Sale $550,000 -- $547 / 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 $9,472 $552,000 $295,715 $256,285
2024 $9,215 $552,000 $295,714 $256,286
2023 $9,215 $534,000 $286,000 $248,000
2022 $9,391 $547,157 $284,058 $263,099
2021 $8,951 $512,000 $265,806 $246,194
2019 $8,176 $480,000 $249,193 $230,807
2018 $7,338 $431,000 $231,000 $200,000
2017 $6,667 $386,500 $200,652 $185,848
2016 $6,580 $379,000 $196,759 $182,241
2015 $5,232 $282,500 $146,660 $135,840
2014 $4,453 $230,500 $119,664 $110,836
Source: Public Records

Agents Affiliated with this Home

  • Sara Min Zhao

    Seller's Agent in 2022

    Sara Min Zhao

    Kw Advisors East Bay

    (510) 900-4865

    176 in this area

    292 Total Sales

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  • A

    Buyer's Agent in 2022

    Ary Assadi

    Bay Area Modern Real Estate

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Map

Source: bridgeMLS

MLS Number: 40976369

bridgeMLS

APN: 560-680-241-0

California Contra Costa County Richmond 94804 Marina Bay

242 Marina Lakes Dr, Richmond, CA

This home is located at 242 Marina Lakes Dr, Richmond, CA 94804 since 16 December 2021 and is currently estimated at $526,595, approximately $523 per square foot. This property was built in 1992. 242 Marina Lakes Dr is a home located in Contra Costa County with nearby schools including Washington Elementary, Fred T. Korematsu Middle School, and John F. Kennedy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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