NOT LISTED FOR SALE

306 Reservation Rd Marina, CA 93933

Estimated Value: $321,129

1 Bed
1 Bath
800 Sq Ft
$319/mo HOA Fee

Last Sold July 25, 2024

Last sale price $294,549 $368 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,116/month

243 Days on Market

Highlights

  • Electric Gate
  • Forced Air Heating System
  • Dining Room
  • Guest Parking

About This Home

As of July 2024

Spacious 1 bedroom 1 bath condo in downtown Marina. Located in a secure building on the second floor with 5 other residential units all of which are rentals and 4 commercial offices on the first floor. There is an enclosed parking garage with one space and storage unit for the unit. There is also an elevator from the parking garage to the second floor. All appliances are included. The location is convenient to shops, restaurants, the rec trail, and beach. Cal State University Monterey Bay is nearby along with easy access via highway 1 to Carmel, Monterey, and Santa Cruz. Salinas is a quick drive to the east. This unit is available to ANY buyer and is no longer part of the City of Marina Below Market Rate (BMR) Homeownership program. Authorization memo to sell at market rate by the city, along with appraisal is available in the MLS reports link. Buyer to determine ability to finance unit given the ownership ratios of the rest of the building. It may be necessary for an all-cash offer.

Last Agent to Sell the Property

Christian Haun

eXp Realty of California Inc License #01494599 Listed on: 11/17/2023

eXp Realty of California Inc

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #88888888

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 7,841

HOA Fees

  • $319 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Dining Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Electric Gate
  • Guest Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System

Community Details

  • Association fees include common area electricity, garbage, sewer
  • Marina Condominiums Association

Listing and Financial Details

  • Assessor Parcel Number 032-173-006-000

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0

HOA Fees

$319 per month

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Structure Sq Ft: 800
  • Year Built: 2008
  • Zoning Description: C-1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Informal Dining Room
  • Living Sq Ft: 800
  • Stories: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Parking Features: Covered Parking, Electric Gate, Guest / Visitor Parking, Off-Street Parking, Parking Area
  • Carport Min: 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 319
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Sewer
  • H O A Name Text: Marina Condominiums
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 032-173-006-000

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Monterey Peninsula Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2023
Closed on
Jul 16, 2024
Sold by
Lawson John W
Bought by
City Of Marina
Seller's Agent
Christian Haun
eXp Realty of California Inc
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$351,500
Sold Price
$294,549
Premium/Discount to List
-$56,951
-16.2%
Views
725
Current Estimated Value
$321,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,580
Avg. Annual Appreciation
6.18%

Purchase Details

Closed on
Jan 27, 2009
Sold by
The Altieri Building Llc
Bought by
Pacific Capital Bank Na

Purchase Details

Closed on
Mar 6, 2008
Sold by
The Altieri Building Llc
Bought by
Lawson John W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
City Of Marina -- Chicago Title
Pacific Capital Bank Na $1,546,219 None Available
Lawson John W $186,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lawson John W $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2024 07/25/24 Sold $294,549 0.0% $368 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
06/11/2024 06/11/24 Off Market $294,549 -- --
06/11/2024 06/11/24 For Sale $351,500 0.0% $439 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $351,500 +19.3% $439 / Sq Ft
03/25/2024 03/25/24 For Sale $294,594 0.0% $368 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
11/17/2023 11/17/23 For Sale $294,594 -- $368 / Sq Ft
Source: MLSListings

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 $1,434 -- -- --
2024 $1,434 -- -- --
2023 $1,420 $123,759 $30,934 $92,825
2022 $1,400 $121,333 $30,328 $91,005
2021 $1,378 $118,955 $29,734 $89,221
2020 $1,334 $117,737 $29,430 $88,307
2019 $1,391 $115,429 $28,853 $86,576
2018 $1,341 $113,167 $28,288 $84,879
2017 $1,244 $110,949 $27,734 $83,215
2016 $1,223 $108,775 $27,191 $81,584
2015 $1,205 $107,142 $26,783 $80,359
2014 $1,195 $105,044 $26,259 $78,785
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81948196

MLSListings

APN: 032-173-006-000