NOT LISTED FOR SALE

185 Cherokee Way Portola Valley, CA 94028

Estimated Value: $7,118,000 - $7,930,661

5 Beds
4.5 Baths
4,340 Sq Ft
$1,754/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $5,450,000 $1,256 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $46,623/month

12 Days on Market

Highlights

  • Pool and Spa
  • 1.01 Acre Lot
  • Formal Dining Room
  • Ormondale Elementary School Rated A+
  • 2 Fireplaces
  • 3 Car Attached Garage

About This Home

As of May 2016

Welcome to this stunning 5 bedroom, 4.5 bath home, privately set on approximately one acre with wonderful views of Windy Hill and the western coastal range. The home’s light-filled design features a stunning living room, formal dining room, family room, gourmet kitchen, office/study and much more. Expansive windows and French doors open to private gardens, sparkling pool and fabulous outdoor entertainment areas.

Last Agent to Sell the Property

Ginny Kavanaugh

Coldwell Banker Realty License #70010886 Listed on: 04/26/2016

Coldwell Banker Realty

Last Buyer's Agent

Hugh Cornish

Coldwell Banker Realty License #00912143

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,820

Year Built

  • Built in 1999

Lot Details

  • 1.01 Acre Lot
  • Zoning described as RE001A

Parking

  • 3 Car Attached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,340 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Separate Family Room
  • Formal Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Pool and Spa
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 079-060-810

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,820

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Age: 17
  • Listing Class: Residential
  • Structure Sq Ft: 4340
  • Incorporated: Yes
  • Year Built: 1999
  • Zoning Description: RE001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Eat in Kitchen, Formal Dining Room
  • Living Sq Ft: 4340
  • Stories: 1
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool / Spa Combo
  • Roof: Wood Shakes / Shingles
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 5
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

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

Lot Info

  • Parcel Number: 079-060-810
  • Lot Acres: 1.0130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44130.64
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 44130.64

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

Listed on
Apr 26, 2016
Closed on
May 13, 2016
Sold by
Schwab Dale E
Bought by
Hundt Reed Eric and Katz Elizabeth
Seller's Agent
Ginny Kavanaugh
Coldwell Banker Realty
Buyer's Agent
Hugh Cornish
Coldwell Banker Realty
List Price
$5,500,000
Sold Price
$5,450,000
Premium/Discount to List
-$50,000
-0.91%
Current Estimated Value
$7,611,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,161,915
Avg. Annual Appreciation
3.65%

Purchase Details

Closed on
Apr 11, 2007
Sold by
Koch David C and Koch Betsy B
Bought by
Schwab Dale E

Purchase Details

Closed on
Mar 15, 2001
Sold by
Koch David C and Koch Betsy B
Bought by
Koch David C and Koch Betsy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,155,000
Interest Rate
6.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 23, 2000
Sold by
Wb Group Inc
Bought by
Koch David C and Koch Betsy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,355,975
Interest Rate
8.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 2, 1998
Sold by
Olson Joan P
Bought by
The Wb Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hundt Reed Eric $5,450,000 Lawyers Title Company
Schwab Dale E $3,800,000 First American Title Company
Koch David C -- --
Koch David C $3,750,000 North American Title Co
The Wb Group Inc $970,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hundt Reed Eric $3,000,000
Previous Owner Koch David C $1,900,000
Previous Owner Koch David C $250,000
Previous Owner Koch David C $1,400,000
Previous Owner Koch David C $1,155,000
Previous Owner The Wb Group Inc $1,355,975
Previous Owner Koch David C $2,275,000
Previous Owner The Wb Group Inc $1,700,000
Previous Owner The Wb Group Inc $1,300,000
Closed The Wb Group Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Sold $5,450,000 -0.9% $1,256 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $5,500,000 -- $1,267 / 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 $72,820 $6,605,631 $4,338,615 $2,267,016
2023 $72,820 $6,349,130 $4,170,143 $2,178,987
2022 $69,731 $6,224,638 $4,088,376 $2,136,262
2021 $68,807 $6,102,587 $4,008,212 $2,094,375
2020 $68,470 $6,040,014 $3,967,113 $2,072,901
2019 $67,235 $5,879,583 $3,889,327 $1,990,256
2018 $62,892 $5,670,180 $3,813,066 $1,857,114
2017 $62,111 $5,559,000 $3,738,300 $1,820,700
2016 $49,595 $4,409,775 $3,621,676 $788,099
2015 $49,206 $4,343,538 $3,567,276 $776,262
2014 $47,949 $4,258,455 $3,497,398 $761,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81582205

MLSListings

APN: 079-060-810