NOT LISTED FOR SALE

Estimated Value: $841,000 - $904,000

2 Beds
2 Baths
1,368 Sq Ft
$763/mo HOA Fee

Last Sold May 24, 2024

Last sale price $884,000 $646 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,670/month

14 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Lap Pool
  • Property has ocean access
  • 24-Hour Security
  • Primary Bedroom Suite

About This Home

As of May 2024

Located between Malibu and Santa Barbara, walking distance to the sandy shores of a pristine beach, there stands a charming single-story condo, a haven of relaxation and recreation for those seeking the perfect coastal getaway as an exclusive primary residence or a second home. With its prime location and abundance of amenities, it's a paradise waiting to be discovered. This single-story, end unit condo, boasts a spacious open floor plan seamlessly blending the living room, dining and kitchen areas. As you step through the front door, you're greeted by a bright and airy living space with fresh paint and new wood-like flooring. Features include a wet bar, den, large living room with fireplace, kitchen with adjoining laundry area, new dishwasher, bay window in second bedroom, mirrored closets in both bedrooms, and sliding glass doors opening to a welcoming patio.The Colony at Mandalay Beach is a gated beach front resort, that consists of 440 attached condos. In addition to a low-maintenance lifestyle, residents can enjoy an assortment of amenities, such as a clubhouse, fitness center, 2 pools, 6 spas, tennis courts, pickle ball, racquetball and 24-hour security.Walking distance to the beach, park, shops, restaurants and a farmers market every Sunday. Across the street, you can also choose to dine at Ox & Ocean or Sugar Beats at The Zachary Dunes Resort. With its unbeatable combination of coastal charm, luxurious amenities in endless recreational opportunities, this beachfront condo is more than just a vacation destination, it is a place where memories are made, friendships are forged, and dreams of paradise become a reality.

Last Agent to Sell the Property

Caryn Papa

BHHS California Properties License #02213894 Listed on: 04/10/2024

BHHS California Properties

Last Buyer's Agent

Melody O’Leary-Namikas

BHHS California Properties License #01299611

BHHS California Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • End Unit
  • No Units Located Below
  • 1 Common Wall
  • Wood Fence
  • Stucco Fence
  • Sprinkler System

HOA Fees

  • $763 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Single Garage Door
  • Guest Parking
  • Controlled Entrance

Home Design

  • Turnkey
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Recessed Lighting
  • Gas Fireplace
  • Bay Window
  • Window Screens
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Mirrored Closets Doors
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

Eco-Friendly Details

  • ENERGY STAR Qualified Appliances
  • ENERGY STAR Qualified Equipment for Heating

Pool

  • Lap Pool
  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Concrete Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Heating Available
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1910460635

Community Details

Overview

  • The Colony At Mandalay Beach Association, Phone Number (805) 985-1577
  • The Colony 2923 Subdivision
  • Maintained Community

Amenities

  • Sauna
  • Clubhouse
  • Banquet Facilities
  • Recreation Room

Recreation

  • Marina
  • Tennis Courts
  • Pickleball Courts
  • Sport Court
  • Racquetball
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,082

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$763 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Inclusions: Washer, dryer, stove
  • Property Attached: Yes
  • Road Surface Type: Privately Maintained, Paved
  • Security: 24 Hour Security, Smoke Detector(s), Gated Community, Guarded, Carbon Monoxide Detector(s), Card/Code Access
  • View: No
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 1910460635
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1368.00 Square Feet
  • Interior Amenities: Open Floorplan, Unfurnished, Tile Counters, Wet Bar, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall, No One Below, End Unit
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors, Mirror Closet Door(s)
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room, Gas, Gas Starter
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 663.74
  • Room Type: Den, Primary Suite, Primary Bathroom, Main Floor Primary Bedroom, Main Floor Bedroom, Laundry, Kitchen, Foyer, All Bedrooms Down, Primary Bedroom, Living Room, Entry
  • Spa Features: Association, In Ground, Community
  • Window Features: Bay Window(s), Screens
  • Bathroom Features: Shower, Bathtub, Main Floor Full Bath, Privacy Toilet Door, Exhaust Fan(s), Double Sinks In Primary Bath, Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Stucco Wall, Wood
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Features: Fenced, In Ground, Lap, Community, Association
  • Pool Private: Yes
  • Roof: Spanish Tile, Tile
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage - Single Door, Concrete, Controlled Entrance, Side by Side, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Water Connected, Underground Utilities, Natural Gas Connected, Electricity Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, 6 Burner Stove, Water Heater, Microwave, Gas Water Heater, Gas Oven, Gas Cooktop, ENERGY STAR Qualified Appliances, Water Line to Refrigerator
  • Heating Type: Fireplace(s), ENERGY STAR Qualified Equipment
  • Laundry Features: Inside, Dryer Included, Washer Included, Stackable, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Banquet Facilities, Cable TV, Pickleball, Trash, Spa/Hot Tub, Pool, Pets Permitted, Maintenance Grounds, Guard, Tennis Court(s), Security, Sport Court, Sauna, Recreation Room, Racquetball, Pet Rules, Management, Gym/Ex Room, Clubhouse, Controlled Access
  • Association Fee: 763.00
  • Association Fee Frequency: Monthly
  • Association Name: The Colony at Mandalay Beach
  • Phone: 805-985-1577
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights

Green Features

  • Efficiency: Appliances

Lot Info

  • Land Lease: No
  • Lot Features: Park Nearby

Multi Family

  • Lease Considered: No
  • Waterfront Features: Beach Access, Ocean Access, Marina in Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 20, 2024
Sold by
Namikas Alexander G and Oleary Melody C
Bought by
Alexander G Namikas Family Trust and Melody Oleary Revocable Trust
Seller's Agent
Caryn Papa
BHHS California Properties
Buyer's Agent
Melody O’Leary-Namikas
BHHS California Properties
List Price
$908,000
Sold Price
$884,000
Premium/Discount to List
-$24,000
-2.64%
Views
124
Current Estimated Value
$870,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,756
Avg. Annual Appreciation
-1.22%
Original Mortgage
$584,000
Outstanding Balance
$575,792
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$294,452

Purchase Details

Listed on
Apr 10, 2024
Closed on
May 10, 2024
Sold by
Meyer Family Trust and Livingston Cheryl Ann
Bought by
Namikas Alexander G and Oleary Melody C
Seller's Agent
Caryn Papa
BHHS California Properties
Buyer's Agent
Melody O’Leary-Namikas
BHHS California Properties
List Price
$908,000
Sold Price
$884,000
Premium/Discount to List
-$24,000
-2.64%
Views
124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Outstanding Balance
$575,792
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$294,452

Purchase Details

Closed on
Jan 18, 1995
Sold by
Mark Michael and Mark Sally
Bought by
Meyer George F and Meyer Kay E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Alexander G Namikas Family Trust -- Chicago Title
Namikas Alexander G $884,000 Chicago Title Company
Meyer George F $185,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer Family Trust $584,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $884,000 -2.6% $646 / Sq Ft
04/10/2024 04/10/24 For Sale $908,000 -- $664 / Sq Ft
Source: Ventura County Regional Data Share

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 $2,082 $901,680 $585,990 $315,690
2024 $2,082 $162,242 $36,522 $125,720
2023 $2,009 $159,061 $35,806 $123,255
2022 $1,950 $155,943 $35,104 $120,839
2021 $1,935 $152,886 $34,416 $118,470
2020 $1,970 $151,320 $34,064 $117,256
2019 $1,916 $148,354 $33,397 $114,957
2018 $1,891 $145,446 $32,743 $112,703
2017 $1,798 $142,595 $32,101 $110,494
2016 $1,738 $139,800 $31,472 $108,328
2015 $1,755 $137,701 $31,000 $106,701
2014 $1,780 $135,006 $30,394 $104,612
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Ventura County Regional Data Share

MLS Number: V1-22881

Ventura County Regional Data Share

APN: 191-0-460-635