tomo logo

$539,000

Beds
2
Baths
2.0
sq ft
1,006

242 Marina Lakes Dr, Richmond, CA 94804

242 Marina Lakes Dr

Richmond, CA 94804

  • <1 day on market
    • Open house Jan 17
Welcome to 242 Marina Lakes Dr, a stunning 2 bedroom, 2 bath condo in the sought-after Marina Bay community. This elegant, upper level home offers a perfect blend of comfort and privacy. Step into an inviting living space featuring an open floor plan. The living room is equipped with large windows and a cozy fireplace, creating a warm ambiance for relaxing or entertaining. The living room leads to a private patio, perfect for enjoying morning coffee or unwinding with serene garden views. The kitchen, equipped with ample cabinet space and sleek granite countertops, flows into the dinning area, perfect for hosting meals with family and friends. With two generously sized bedrooms, including a primary suite where you are welcomed with a spacious bedroom, walk-in closet, and an en-suite bathroom, this home has ample space and privacy. In-unit laundry and assigned parking complete this home’s thoughtful features. As a resident of Marina Lakes, you’ll enjoy the many amenities, including two pools, hot tubs, a fitness center, and clubhouse access. The community’s scenic location provides direct access to the Bay Trail, ideal for walking, jogging, or cycling along the waterfront.

Details

Property type

Condominium

Est. home value

$555,073

Lot size

2,124 sq ft

Price per sq ft

$536

Year built

1992

Monthly HOA fee

$709

Price History

01/15/2025
BridgeMLS

BridgeMLS #41082439

Listed
$539,000
-3.75%
01/24/2022
BridgeMLS

BridgeMLS #40976369

Sold
$560,000

Schools & Community

Neighborhood: 

Marina Bay

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

468

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$102,572
Asking price
$539,000
Closing costs (~8% of asking)
-$43,120
Est. remaining loan balance
-$393,308
Cash to seller
$102,572

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

January 2022

Original loan amount

$420,000

Est. remaining balance

$393,308

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Zehra F Vahidy

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 01/15/2025 at 2:40 PM

Listing updated: 01/15/2025 at 1:05 PM

Listed by: Elise Krueger, The Agency Phone #: (510) 829-6093

MLS: BridgeMLS #41082439

BridgeMLS logo

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