NOT LISTED FOR SALE

1345 Westridge Dr Portola Valley, CA 94028

Estimated Value: $3,905,000 - $4,580,084

5 Beds
3 Baths
2,380 Sq Ft
$1,809/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $2,698,000 $1,134 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $25,636/month

32 Days on Market

Highlights

  • 1.01 Acre Lot
  • Mountain View
  • Granite Countertops
  • Ormondale Elementary School Rated A+
  • Marble Flooring
  • Formal Dining Room

About This Home

As of June 2016

Beyond an elegant gated entrance sits a beautifully updated family home. The property is fully fenced and has amazing lawn areas where children can play safely. The spacious ranch home is freshly painted inside and out; has new carpeting; and amazing natural light from numerous skylights and clerestory windows in every bedroom. A large living/family room adjoins the remodeled kitchen and the formal dining room is perfect for entertaining. There are 5 bedrooms, one with an outside entrance ideal for an office, plus 3 full baths. A built-in barbecue center, raised planting beds, fire-pit seating area, and a charming playhouse complement this wonderful home. The home’s close-in location in central Portola Valley provides access to excellent schools and proximity to Stanford University, Sand Hill Road venture capital centers, and Silicon Valley tech companies.

Last Agent to Sell the Property

Dean Asborno

Compass License #01274816 Listed on: 04/18/2016

Compass

Last Buyer's Agent

Loren Dakin

Compass License #01030193

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,730

Year Built

  • Built in 1958

Lot Details

  • 1 Acre Lot
  • Sprinklers on Timer
  • Mostly Level
  • Zoning described as R1001A

Parking

  • 3 Car Attached Garage
  • Electric Gate

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,380 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Open to Family Room
  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Marble
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Vented Exhaust Fan
  • 220 Volts
  • Septic Tank

Additional Features

  • Barbecue Area
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Assessor Parcel Number 077-033-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,730

Year Built

Built in 1958

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 58
  • Listing Class: Residential
  • Structure Sq Ft: 2380
  • Incorporated: Yes
  • Year Built: 1958
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Pantry, Refrigerator
  • Living Sq Ft: 2380
  • Stories: 1
  • Laundry: Dryer, Gas Hookup, Washer
  • Flooring: Carpet, Hardwood, Marble, Travertine
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: BBQ Area, Sprinklers - Auto, Sprinklers - Lawn
  • Horse Property: Possible

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Gate

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Septic Connected

Schools

  • School District: Sequoia Union High
  • Elementary School: Ormondale Elementary
  • Middle School: Corte Madera Elementary
  • Elementary School: 664
  • Middle School: 623

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 077-033-140
  • Lot Acres: 1.0050
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43778.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43778.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Ormondale Elementary
  • Middle School Text: Corte Madera Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2022
Sold by
Lin Chang Michael
Bought by
Michael Chang And Mandy Lin Living Trust
Current Estimated Value
$4,306,521

Purchase Details

Listed on
Apr 18, 2016
Closed on
Jun 17, 2016
Sold by
Klingberg Rol and Ortiz Lindamaris
Bought by
Chang Michael L and Lin Mandy Peiyin
Seller's Agent
Dean Asborno
Compass
Buyer's Agent
Loren Dakin
Compass
List Price
$2,998,000
Sold Price
$2,698,000
Premium/Discount to List
-$300,000
-10.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$2,000,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2004
Sold by
Gossard Erma C
Bought by
Klingberg Rol and Ortiz Lindamaris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,312,500
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2000
Sold by
Gossard Erma C
Bought by
Gossard Erma C

Purchase Details

Closed on
Jun 27, 1995
Sold by
Gossard Myron Lee and Gossard Erma Catherine
Bought by
Gossard Myron L and Gossard Erma C
Source: Public Records

Range of Values:

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Average Value
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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
Michael Chang And Mandy Lin Living Trust -- --
Chang Michael L $2,698,000 Lawyers Title Company
Klingberg Rol $1,750,000 Stewart Title
Gossard Erma C -- --
Gossard Myron L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Michael L $1,800,000
Previous Owner Chang Michael L $2,000,000
Previous Owner Klingberg Rol $200,000
Previous Owner Klingberg Rol $1,567,000
Previous Owner Klingberg Rol $1,415,000
Previous Owner Klingberg Rol $100,000
Previous Owner Klingberg Rol $1,335,000
Previous Owner Klingberg Rol $112,000
Previous Owner Klingberg Rol $1,312,500
Previous Owner Gossard Erma C $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $2,698,000 0.0% $1,134 / Sq Ft
05/21/2016 05/21/16 Pending -- -- --
05/11/2016 05/11/16 Price Changed $2,698,000 -10.0% $1,134 / Sq Ft
04/18/2016 04/18/16 For Sale $2,998,000 -- $1,260 / Sq Ft
Source: MLSListings

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 $34,730 $3,193,879 $2,601,983 $591,896
2023 $34,730 $3,069,859 $2,500,946 $568,913
2022 $33,280 $3,009,666 $2,451,908 $557,758
2021 $32,845 $2,950,654 $2,403,832 $546,822
2020 $32,753 $2,920,400 $2,379,184 $541,216
2019 $32,404 $2,863,138 $2,332,534 $530,604
2018 $30,811 $2,806,999 $2,286,799 $520,200
2017 $30,450 $2,751,960 $2,241,960 $510,000
2016 $23,421 $2,101,825 $1,921,672 $180,153
2015 $23,263 $2,070,254 $1,892,807 $177,447
2014 $22,702 $2,029,702 $1,855,730 $173,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81580733

MLSListings

APN: 077-033-140