NOT LISTED FOR SALE

205 Cervantes Rd Portola Valley, CA 94028

Estimated Value: $8,392,000 - $10,001,111

4 Beds
6 Baths
5,027 Sq Ft
$1,803/Sq Ft Est. Value

Last Sold May 11, 2015

Last sale price $7,450,000 $1,482 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $57,492/month

20 Days on Market

Highlights

  • Wine Cellar
  • Newly Remodeled
  • Bay View
  • Ormondale Elementary School Rated A+
  • Black Bottom Pool
  • 1.39 Acre Lot

About This Home

As of May 2015

New Construction in Central Portola Valley with sweeping Bay views. Modern architecture with rustic elements. Open spacious floor plan and soaring ceilings throughout. Great room kitchen with Cantina doors leading to deck and pool. Living room with modern fireplace. Gourmet kitchen with spacious pantry. Private master suite with view patio, Bay views and luxurious master bath. 4 bedrooms + office. Lower level w/ mud room, wine room, 3 car garage with plenty of storage. Designed and built by Terri Kerwin.

Last Agent to Sell the Property

Terri Kerwin

Kerwin & Associates License #01181550 Listed on: 03/29/2015

Last Buyer's Agent

Kalena Masching

Redfin License #01877757

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $97,368

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 1.39 Acre Lot
  • Lot Sloped Up
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard
  • Zoning described as R1001A

Parking

  • 3 Car Garage
  • Electric Vehicle Home Charger
  • Guest Parking

Property Views

  • Bay
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Rustic Architecture
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof
  • Metal Roof
  • Concrete Perimeter Foundation
  • Quake Bracing

Interior Spaces

  • 5,027 Sq Ft Home
  • Entertainment System
  • Wired For Sound
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Mud Room
  • Formal Entry
  • Wine Cellar
  • Great Room
  • Family or Dining Combination
  • Den

Kitchen

  • Dumbwaiter
  • Open to Family Room
  • Double Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Smart Home
  • Alarm System
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Black Bottom Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Cover
  • Pool Sweep

Outdoor Features

  • Deck
  • Barbecue Area

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • 220 Volts
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 077-226-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$97,368

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Rustic
  • Property Condition: Built / Remodeled Green
  • Listing Class: Residential
  • Structure Sq Ft: 5027
  • Construction: New Construction
  • Year Built: 2015
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Yes
  • Dining Room: Dining Area in Family Room, No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Marble, Dishwasher, Dual Fuel, Exhaust Fan, Freezer, Garbage Disposal, Island with Sink, Microwave, Oven - Double, Oven - Electric, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 5027
  • Security: Fire Alarm, Fire System - Sprinkler, Security Alarm
  • Laundry: Dryer, Tub / Sink, Washer
  • Flooring: Hardwood, Stone
  • Additional Rooms: Den / Study / Office, Formal Entry, Great Room, Guest House, Laundry Room, Mud Room, Storage, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Stall Shower, Stone, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Foundation Pillars, Post and Pier, Quake Bracing, Raised
  • Pool Description: Pool - Black Bottom, Pool - Cover, Pool - Fenced, Pool - Gunite, Pool - Heated, Pool - In Ground, Pool - Sweep
  • Roof: Composition, Metal, Shingle
  • View: Bay, City Lights, Mountains
  • Yard/Grounds: Back Yard, BBQ Area, Deck, Drought Tolerant Plants, Sprinklers - Auto, Sprinklers - Lawn
  • Horse Property: Possible
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Guest / Visitor Parking, Room for Oversized Vehicle

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Units
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Dumbwaiter, High Ceiling, Vaulted Ceiling, Video / Audio System, Walk-in Closet

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 - Rolling, Grade - Sloped Up, Grade - Varies, Surveyed, Views
  • Parcel Number: 077-226-050
  • Lot Acres: 1.3900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 60548.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 60548.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Green Features, Smart Home System

Multi Family

  • Utilities: Natural Gas, 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

Closed on
Dec 19, 2018
Sold by
Grady Patrick and Guo Sarah
Bought by
Xie Grady Patrick William and Xie Guo Sarah
Current Estimated Value
$9,062,370

Purchase Details

Listed on
Mar 29, 2015
Closed on
May 5, 2015
Sold by
Pine Tree Alley Llc
Bought by
Grady Patrick and Guo Sarah
Seller's Agent
Terri Kerwin
Kerwin & Associates
Buyer's Agent
Kalena Masching
Redfin
List Price
$7,750,000
Sold Price
$7,450,000
Premium/Discount to List
-$300,000
-3.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.73%

Purchase Details

Listed on
Oct 25, 2012
Closed on
Mar 22, 2013
Sold by
Kodukula Indu Prakas and Avula Veena
Bought by
Pine Tree Alley Llc
Seller's Agent
Maya Sewald
Coldwell Banker
Buyer's Agent
Terri Kerwin
Kerwin & Associates
List Price
$2,150,000
Sold Price
$1,900,000
Premium/Discount to List
-$250,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
89.93%

Purchase Details

Closed on
Aug 22, 2011
Sold by
Mackay John S
Bought by
Kodukula Indu Prakas and Avula Veena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,187,000
Interest Rate
4.43%
Mortgage Type
Seller Take Back
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
Xie Grady Patrick William -- None Available
Grady Patrick $7,450,000 First American Title Company
Pine Tree Alley Llc $1,900,000 First American Title Company
Kodukula Indu Prakas $1,600,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kodukula Indu Prakas $1,187,000
Previous Owner Mackay John S $250,000
Previous Owner Mackay John S $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2015 05/11/15 Sold $7,450,000 -3.9% $1,482 / Sq Ft
04/18/2015 04/18/15 Pending -- -- --
03/29/2015 03/29/15 For Sale $7,750,000 +307.9% $1,542 / Sq Ft
03/26/2013 03/26/13 Sold $1,900,000 -11.6% $788 / Sq Ft
03/07/2013 03/07/13 Pending -- -- --
10/25/2012 10/25/12 For Sale $2,150,000 -- $892 / 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 $97,368 $9,018,923 $6,321,732 $2,697,191
2023 $97,368 $8,668,712 $6,076,252 $2,592,460
2022 $93,275 $8,498,739 $5,957,110 $2,541,629
2021 $92,048 $8,332,099 $5,840,304 $2,491,795
2020 $91,590 $8,246,666 $5,780,419 $2,466,247
2019 $90,607 $8,084,969 $5,667,078 $2,417,891
2018 $86,099 $7,926,442 $5,555,959 $2,370,483
2017 $85,084 $7,771,023 $5,447,019 $2,324,004
2016 $83,075 $7,570,612 $5,340,215 $2,230,397
2015 $41,205 $3,696,760 $1,946,760 $1,750,000
2014 $21,444 $1,908,626 $1,908,626 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81457395

MLSListings

APN: 077-226-050