NOT LISTED FOR SALE

3116 Lake Dr Marina, CA 93933

Estimated Value: $579,000 - $595,000

1 Bed
-- Bath
661 Sq Ft
$888/Sq Ft Est. Value

About This Home

Lake View Terrace in Marina, California is an ideal blend of tranquility and city convenience. Our beautiful residences offer newly renovated interiors and spacious floor plans. Enjoy relaxing in our pool or taking a stroll to the Marina coastline. Centrally located to a myriad of shops and dining, Marina State Beach, Marina Dunes Open Space Preserve, bicycle trails, public transportation, highway entrances to Monterey, Carmel By-The-Sea, and Santa Cruz. Great location for CSUMB students.

Unit Features:
Renovated residences
New Windows and vinyl blinds
Quartz or Granite Stone Counter Tops *
New Stainless Appliance Package
Full size refrigerator
Electric range with oven
Garbage disposal
Dishwasher*
Walk-In Closets *
Spacious Interiors
New Hardwood Style Vinyl Flooring and Carpeting *
Private Balcony *
Upgraded Lighting Fixtures
Smoke-Free community
Dog Friendly **
Sewer & Trash service included
* Select residences only
**Additional pet fees apply: $250.00 Security deposit and $100.00 per month, limited to 1 dog only. Sorry no cats.
Property Features:
Swimming Pool
Dog friendly play area
App based Laundry Facility
User Friendly Online Tenant portal for payments, maintenance requests and more!
One assigned parking space
24-hour Emergency Maintenance
Onsite Property Manager
Upgraded Residences
Convenient location
Mature Landscaping
Owner / Operators
Smoke-Free community

Welcome to Gerald Leigh Properties! Our collection of rental properties are located in the most desirable neighborhoods on the Monterey Peninsula from the dunes of Marina down to new Monterey and peaceful Pacific Grove. As Owner / Operators we take great pride to ensure that our residences are maintained at the highest standards with frequent upgrades and rapid responses to questions or concerns.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2023
Sold by
Zimmerman Gregory J
Bought by
Gregory J Zimmerman 2023 Trust and Zimmerman
Current Estimated Value
$587,000

Purchase Details

Closed on
Aug 31, 2020
Sold by
Foux Anthony L
Bought by
Foux Anthony and Anthony Foux Separate Property

Purchase Details

Closed on
Aug 27, 2019
Sold by
Zimmerman Gregory J and Foux Anthony L
Bought by
Zimmerman Gregory J and Foux Anthony L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,288,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2017
Sold by
Kahn Claudia
Bought by
Foux Anthony L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,112,692
Interest Rate
3.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Gregory J Zimmerman 2023 Trust -- None Listed On Document
Foux Anthony -- None Available
Zimmerman Gregory J -- Old Republic Title Co
Foux Anthony L -- Old Republic Title
Zimmerman Gregory J $9,300,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zimmerman Gregory J $6,288,000
Previous Owner Zimmerman Gregory J $4,112,692
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2025 11/24/25 Off Market $2,295 -- --
11/13/2025 11/13/25 Price Changed $2,295 -4.2% $3 / Sq Ft
10/28/2025 10/28/25 For Rent $2,395 0.0% --
10/11/2025 10/11/25 Off Market $2,395 -- --
09/05/2025 09/05/25 Price Changed $2,395 0.0% $4 / Sq Ft
09/05/2025 09/05/25 For Rent $2,395 -11.1% --
07/12/2025 07/12/25 Off Market $2,695 -- --
05/23/2025 05/23/25 Price Changed $2,695 +8.0% $4 / Sq Ft
05/20/2025 05/20/25 For Rent $2,495 0.0% --
01/06/2025 01/06/25 Off Market $2,495 -- --
12/05/2024 12/05/24 Price Changed $2,495 0.0% $4 / Sq Ft
12/05/2024 12/05/24 For Rent $2,495 +8.7% --
07/23/2024 07/23/24 Price Changed $2,295 0.0% $3 / Sq Ft
07/23/2024 07/23/24 For Rent $2,295 +4.6% --
06/04/2024 06/04/24 Price Changed $2,195 +7.1% $3 / Sq Ft
05/29/2024 05/29/24 For Rent $2,050 0.0% --
05/03/2024 05/03/24 For Rent $2,050 0.0% --
01/25/2024 01/25/24 For Rent $2,050 -- --

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 $100 -- -- --
2024 $100 -- -- --
2023 $98 $0 $0 $0
2022 $94 -- -- --
2021 $90 $0 $0 $0
2020 $89 $0 $0 $0
2019 $87 $0 $0 $0
2018 $83 $0 $0 $0
2017 $83 $0 $0 $0
2016 $80 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Map