NOT LISTED FOR SALE

Estimated Value: $808,000 - $870,000

2 Beds
2 Baths
1,368 Sq Ft
$445/ mo HOA Fee

Last Sold January 28, 2021

Last sale price $725,000 $530 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,406/month

10 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Contemporary Architecture

About This Home

As of January 2021

A rare find in the exclusive Colony at Mandalay Beach. This 2 Bedroom + 2 Bath fully renovated ground floor unit sits above the bike path against the southernmost border of The Colony. This quiet, secluded unit is located at the end of a beautiful tree lined walkway with large mature landscaping and offers privacy not found in other Colony locations. The large patio provides unobstructed views to the southern sky, with views of the harbor and Channel Islands . The seller put lot's of love and attention into the unit with new flooring, appliances, washer/dryer, cabinets, blinds, moldings, paint, and LED recessed lighting. It's only a few minute walk to the beach and harbor front - plenty of good eateries. The Colony is fully amenitized with multiple pools & spas, club house, tennis and racquet ball courts, and fitness center.

Last Agent to Sell the Property

Peter Strauss

Iconic Investments License #01335696 Listed on: 12/20/2020

Last Buyer's Agent

Jaclyn Lyons

Compass License #02051467

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • South Facing Home

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Automatic Gate

Property Views

  • Ocean
  • Harbor

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Den with Fireplace
  • Bonus Room
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Pool

  • In Ground Pool
  • Heated Spa

Outdoor Features

  • Balcony
  • Slab Porch or Patio

Utilities

  • Central Heating
  • Property is located within a water district
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer Assessments

Listing and Financial Details

  • Assessor Parcel Number 191-0-430-265

Community Details

Overview

  • Association fees include maintenance paid, clubhouse
  • 450 Units

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Meeting Room

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Security Service
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1985 | Remodeled

Lot Details

1,198 Sq Ft Lot

HOA Fees

$445 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: The Colony
  • Entry Floor: 1
  • Living Area: 1368
  • Lot Acreage: 0.0275
  • Planned Urban Dev: 1
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1985
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den
  • Flooring: Hardwood
  • Appliances: Built-Ins
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal, Dishwasher, Dryer, Built-Ins
  • Price Per S Q F T: 529.97

Exterior Features

  • Balcony: Yes
  • Direction Faces: South
  • Other Features: Balcony, High Ceilings (9 Feet+)
  • Tennis Court: Community
  • Tennis Court Y/N: Yes
  • Exposure: Southern
  • Patio: Balcony, Concrete Slab
  • Pool Description: Association Pool, In Ground
  • Pool: Yes
  • Spa: Association Spa, Heated
  • Spa Yn: Yes
  • View: Harbor, Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • Water Heater: Gas, Tankless
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Automatic Gate, Community
  • Sewer: Assessments
  • Water: District

Association/Amenities

  • Amenities: Assoc Barbecue, Clubhouse, Fitness Center, Gated Community, Exercise Room, Conference, Controlled Access, Pool, Racquet Ball
  • Pet Rules: Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance Paid, Clubhouse
  • High Rise: Club Room
  • HOA Fees: 445.00
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 191-0-430-265
  • Lot Description: Gated Community
  • Lot Size Area: 1197

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Deborah Stevens
Bought by
Deborah L Stevens Trust
Current Estimated Value
$833,800

Purchase Details

Listed on
Dec 20, 2020
Closed on
Jan 11, 2021
Sold by
Cushing Robin Denese Schultz and Cushing Robin Denese
Bought by
Stevens Randall and Stevens Deborah
Seller's Agent
Peter Strauss
Iconic Investments
Buyer's Agent
Jaclyn Lyons
Compass
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.76%
Original Mortgage
$435,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 20, 2020
Closed on
Dec 8, 2020
Sold by
Schultz Family Trust and Schultz Peter Kyle
Bought by
Cushing Robin Denise Schul
Seller's Agent
Peter Strauss
Iconic Investments
Buyer's Agent
Jaclyn Lyons
Compass
List Price
$725,000
Sold Price
$725,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2012
Sold by
Schultz Walter George and Schultz Arlene Diane
Bought by
Schultz Walter George and Schultz Arlene Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2009
Sold by
Schultz Walter George and Schultz Arlene Diane
Bought by
Schultz Walter George and Schultz Arlene Diane

Purchase Details

Closed on
Dec 12, 2008
Sold by
Schultz Walter George and Schultz Arlene Diane
Bought by
Schultz Walter George and Schultz Arlene Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,100
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2008
Sold by
Schultz Walter George and Schultz Arlene Diane
Bought by
Schultz Walter George and Schultz Arlene Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2008
Sold by
Schultz Walter George and Schultz Arlene Diane
Bought by
Schultz Walter George and Schultz Arlene Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
6.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2007
Sold by
Schultz Walter George and Schultz Arlene Diane
Bought by
Schultz Walter George and Schultz Arlene Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Deborah L Stevens Trust -- --
Stevens Randall -- Fidelity National Title Co
Cushing Robin Denese Schultz -- Fidelity National Title Co
Cushing Robin Denise Schul -- None Listed On Document
Schultz Walter George -- Chicago Title Company
Schultz Walter George -- Chicago Title Company
Schultz Walter George -- Chicago Title Company
Schultz Walter George -- Chicago Title Company
Schultz Walter George -- Chicago Title Company
Schultz Walter George -- Chicago Title Company
Schultz Walter George -- Chicago Title Company
Schultz Walter George -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stevens Randall $435,000
Previous Owner Schultz Walter George $292,000
Previous Owner Schultz Walter George $325,100
Previous Owner Schultz Walter George $346,000
Previous Owner Schultz Walter George $346,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $725,000 0.0% $530 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
12/20/2020 12/20/20 For Sale $725,000 -- $530 / Sq Ft
Source: The MLS

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 $7,458 $784,762 $509,826 $274,936
2024 $7,458 $769,375 $499,829 $269,546
2023 $9,197 $754,290 $490,029 $264,261
2022 $7,129 $739,500 $480,420 $259,080
2021 $3,576 $288,653 $72,634 $216,019
2020 $3,642 $285,696 $71,891 $213,805
2019 $3,541 $280,095 $70,482 $209,613
2018 $3,492 $274,603 $69,100 $205,503
2017 $3,317 $269,220 $67,746 $201,474
2016 $3,203 $263,942 $66,418 $197,524
2015 $3,237 $259,979 $65,421 $194,558
2014 $3,245 $254,889 $64,141 $190,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-672636

The MLS

APN: 191-0-430-265

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