NOT LISTED FOR SALE

198 Paloma Rd Portola Valley, CA 94028

Estimated Value: $6,131,000 - $7,136,014

3 Beds
3 Baths
3,380 Sq Ft
$1,970/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $3,998,000 $1,183 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $42,434/month

12 Days on Market

Highlights

  • Horse Property
  • 2.51 Acre Lot
  • Deck
  • Ormondale Elementary School Rated A+
  • Mountain View
  • Contemporary Architecture

About This Home

As of June 2015

Located in the coveted Westridge area of central Portola Valley, this home boasts classic mid-century modern style on just over 2.5 acres with extraordinary views. Circa 1958, the home is freshly updated with a soft neutral color palette, hardwood floors in some rooms, and wood-paneled vaulted ceilings that are a hallmark of the era.Sliding glass doors are the true signature of the home with at least one in every room opening to a wonderful wrap-around deck overlooking the western hills.Top-rated PV schools

Last Agent to Sell the Property

Dean Asborno

Coldwell Banker Realty License #01274816 Listed on: 05/15/2015

Coldwell Banker Realty

Last Buyer's Agent

Peter Cowperthwaite

Cowperthwaite & Company License #01012887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,728

Year Built

  • Built in 1958

Lot Details

  • 2.51 Acre Lot
  • Lot Sloped Down
  • Back Yard
  • Zoning described as R1002A

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,380 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Two Way Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Bonus Room
  • Mountain Views

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Oven
  • Electric Cooktop
  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Horse Property
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 077-012-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,728

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 57
  • Listing Class: Residential
  • Structure Sq Ft: 3380
  • Year Built: 1958
  • Zoning Description: R1002A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Microwave, Oven - Built-In, Oven - Electric, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 3380
  • Stories: 1
  • Laundry: Dryer, Hookup - Electric, Hookup - Washer/Dryer, Washer
  • Flooring: Carpet, Hardwood, Stone
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Back Yard, Deck
  • Horse Property: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Sequoia Union High
  • Elementary School: Ormondale Elementary
  • Middle School: Corte Madera Elementary
  • High School: Woodside High
  • High School: 684
  • Elementary School: 664
  • Middle School: 623

Lot Info

  • Lot Description: Grade - Sloped Down
  • Parcel Number: 077-012-050
  • Lot Acres: 2.5120
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 109420.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 109420.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2015
Closed on
Jun 1, 2015
Sold by
Bayuk Bernard and Bayuk Bernard
Bought by
Murarka Family Trust
Seller's Agent
Dean Asborno
Coldwell Banker Realty
Buyer's Agent
Peter Cowperthwaite
Cowperthwaite & Company
List Price
$3,998,000
Sold Price
$3,998,000
Current Estimated Value
$6,657,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,659,254
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Oct 18, 2010
Sold by
Bayuk Bernard
Bought by
Bayuk Bernard and Bayuk Lorraine F

Purchase Details

Closed on
Nov 17, 1993
Sold by
Bayuk Bernard
Bought by
Bayuk Bernard
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
Murarka Family Trust $3,998,000 Chicago Title Company
Bayuk Bernard -- None Available
Bayuk Bernard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murarka Neel I $2,750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $3,998,000 0.0% $1,183 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $3,998,000 -- $1,183 / 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 $66,728 $6,296,681 $4,141,042 $2,155,639
2023 $66,728 $5,933,507 $3,902,199 $2,031,308
2022 $63,927 $5,817,165 $3,825,686 $1,991,479
2021 $63,086 $5,703,104 $3,750,673 $1,952,431
2020 $62,807 $5,644,627 $3,712,215 $1,932,412
2019 $53,296 $4,740,049 $3,639,427 $1,100,622
2018 $50,842 $4,664,363 $3,568,066 $1,096,297
2017 $45,866 $4,170,112 $3,498,104 $672,008
2016 $44,743 $4,058,969 $3,429,514 $629,455
2015 $4,049 $320,990 $76,487 $244,503
2014 $3,381 $314,703 $74,989 $239,714
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81465533

MLSListings

APN: 077-012-050