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224 Peninsula Drive

224 Peninsula Drive, Marina, CA 93933
Property in Monterey
Sold Apr 01, 2015
$330,000
$165,000 by Golden James
Mortgage Due Nov 01, 2023
Sold Apr 01, 2015
$87,000
224 Peninsula Drive has been categorized by the local assessors in Marina, CA as a residential type of property. The building on the property was first built in 1958 and is 66 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 224 Peninsula Drive has 1,162 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,230 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 8,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 464 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of tar and gravel. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 224 Peninsula Drive sold most recently in Mar 18, 2015 for a total of $330,000. If you work out the math, that's approximately a cost of $283.99 per sqft. Before that, the property was also sold for $87,000 in Mar 11, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,119 in taxes each year. 224 Peninsula Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $381,204. If we break it down further, the land itself was valued at $231,034. Improvements to the property, however, were assessed at a total of $150,170. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Bungalow
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 464
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,162
  • Gross Building Area: 1,162
  • Building Area: 1,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,162
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VISTA DEL CAMINO UNIT 2
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VISTA DEL CAMINO UNIT 2 TR 300 L 3 B 5

Ownership

  • Current Owner : KUMAR ROSALYNN JANET
  • Current Owner 2: REZAK FARRIS
  • Previous Owner : KOREAN AMERICAN COMMUNITY ORGANIZATION O
  • Owner Before Previous Owner: CHEE KYO NAM
  • Owner Before Previous Owner 2: CHEE KWANG SOOK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Monterey Peninsula Unified School District
  • Census Tract: 014302

Geography

  • Assessors Map Reference: 223-A5
  • Subdivision Tract Number: 300
  • Parcel: 032-055-012-000
  • Lot: 3
  • Latitude: 36.6882
  • Longitude: -121.797

    Address

  • Full Address: 224 Peninsula Dr
  • Address - House Number: 224
  • Address - Street Name: Peninsula
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Marina
  • Carrier Code: C008
  • 4-Digit Zip Code: 2613
  • Zip Code: 93933

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,119
  • Tax Rate Code Area: 012-007

    Appraisal Valuation

  • Standard Deviation: 0.2141
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 70
  • Final Value: 727,985
  • High Value: 883,879
  • Low Value: 572,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: GOLDEN JAMES
  • First Open Lien Mortgage Recording Date: Oct 20, 2022
  • First Open Lien Mortgage Loan Amount: $165,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $381,204
  • Assessed Land Value: $231,034
  • Assessed Improvements Value: $150,170

    Sales

  • Current Sale Contract Date: Mar 18, 2015
  • Current Sale Recording Date: Apr 01, 2015
  • Current Sale Transaction ID: 1025844681
  • Current Sale Price: $330,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015016153
  • Previous Sale Recording Date: Apr 01, 2015
  • Previous Sale Contract Date: Mar 11, 2015
  • Previous Sale Amount: $87,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENDEAVOR AMERICA LOAN SERVICES
  • First Mortgage Transaction Date: Apr 01, 2015
  • First Mortgage Loan Amount: $324,022
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2045

About Marina



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Frequently Asked Questions

What neighborhood is 224 Peninsula Drive located in?
The 224 Peninsula Drive is a located in the neighborhood of Monterey in Marina, Marina.
What is the average sales price for listings in 224 Peninsula Drive?
The average sales price for units in 224 Peninsula Drive is $0 currently.

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