NOT LISTED FOR SALE

229 Grove Dr Portola Valley, CA 94028

Estimated Value: $4,304,000 - $5,343,382

4 Beds
2 Baths
2,990 Sq Ft
$1,637/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $3,725,000 $1,246 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $30,647/month

292 Days on Market

Highlights

  • Private Pool
  • 1.04 Acre Lot
  • 2 Car Attached Garage
  • Corte Madera School Rated A+
  • Breakfast Area or Nook
  • Combination Dining and Living Room

About This Home

As of June 2020

Enjoy inspiring views of the surrounding gardens from every room in this 4- bedroom, 2-bath home with pool and spa set on approximately 1+ acres in desirable Portola Valley. According to previous owners, the house was designed in 1955 by Ellis Jacobs, a protégé of Frank Lloyd Wright. Wrights architectural style is evident through the extensive use of skylights and expansive walls of glass that fill this single-level home with an abundance of natural light and create a seamless connection between the inside and outside areas. Wrights influence is also seen in the open floor plan, built-in cabinetry, large brick fireplace and the use of other natural materials. The spacious living room and adjacent kitchen, both with garden access, create the perfect space for large and small gatherings. Virtual walk-through available here: https://vimeo.com/402326195

Last Agent to Sell the Property

Ginny Kavanaugh

Coldwell Banker Realty License #70010886 Listed on: 07/22/2019

Coldwell Banker Realty

Last Buyer's Agent

Brett Caviness

Compass License #01935984

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,792

Year Built

  • 1955

Lot Details

  • 1.04

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof

Interior Spaces

  • 2,990 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Combination Dining and Living Room
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Radiant Heating System
  • Septic Tank

Additional Features

  • Private Pool
  • 1.04 Acre Lot
  • Horses Potentially Allowed on Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,792

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1001A
  • Subclass: Single Family Home
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 2990
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 2990
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Metal
  • Horse Property: Possible
  • Pool: Pool - In Ground

Garage/Parking

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

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Existing Septic

Schools

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

Lot Info

  • Lot Acres: 1.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 45302.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 45302.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jun 15, 2020
Sold by
Kunstadter Peter
Bought by
Raghav Amritansh and Raghav Lisa Suzanne
Seller's Agent
Ginny Kavanaugh
Coldwell Banker Realty
Buyer's Agent
Brett Caviness
Compass
List Price
$4,500,000
Sold Price
$3,725,000
Premium/Discount to List
-$775,000
-17.22%
Current Estimated Value
$4,895,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,170,346
Avg. Annual Appreciation
5.23%
Original Mortgage
$2,942,750
Outstanding Balance
$2,593,180
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$2,272,602

Purchase Details

Listed on
Apr 9, 2018
Closed on
Jun 20, 2018
Sold by
Mount David and Mount Alice Ryan
Bought by
Kunstadter Peter
Seller's Agent
Dean Asborno
Compass
Buyer's Agent
Keri Nicholas
Compass
List Price
$3,998,000
Sold Price
$4,050,000
Premium/Discount to List
$52,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.89%
Original Mortgage
$2,632,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 9, 2018
Closed on
May 8, 2018
Sold by
Bonora Anthony C
Bought by
Mount David and Mount Alice Ryan
Seller's Agent
Dean Asborno
Compass
Buyer's Agent
Keri Nicholas
Compass
List Price
$3,998,000
Sold Price
$4,050,000
Premium/Discount to List
$52,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,632,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 29, 2010
Sold by
Bonora Anthony
Bought by
Bonora Anthony C

Purchase Details

Closed on
Jul 21, 2006
Sold by
Regulinski Stephan G and Myers Christine
Bought by
Bonora Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 1996
Sold by
Regulinski Stephan G and Regulinski Christine Myers
Bought by
Regulinski Stephan G and Myers Christine

Purchase Details

Closed on
Aug 4, 1994
Sold by
Aron Wallace X and Aron Juliet R
Bought by
Regulinski Stephan G and Myers Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
8.73%
Mortgage Type
Purchase Money Mortgage
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
Raghav Amritansh $3,725,000 Lawyers Title Company
Kunstadter Peter $4,200,000 Lawyers Title Co
Mount David $4,050,000 Lawyers Title Co
Bonora Anthony C -- None Available
Bonora Anthony $2,300,000 Financial Title Company
Regulinski Stephan G -- --
Regulinski Stephan G $845,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Raghav Amritansh $2,942,750
Previous Owner Mount David $2,632,500
Previous Owner Bonora Anthony C $955,000
Previous Owner Bonora Anthony C $961,000
Previous Owner Bonora Anthony $1,000,000
Previous Owner Bonora Anthony $999,950
Previous Owner Regulinski Stephan G $500,000
Previous Owner Regulinski Stephan G $633,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $3,725,000 -6.8% $1,246 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
01/03/2020 01/03/20 Price Changed $3,995,000 -3.7% $1,336 / Sq Ft
10/21/2019 10/21/19 Price Changed $4,150,000 -2.4% $1,388 / Sq Ft
09/18/2019 09/18/19 Price Changed $4,250,000 -5.6% $1,421 / Sq Ft
07/22/2019 07/22/19 For Sale $4,500,000 +11.1% $1,505 / Sq Ft
05/11/2018 05/11/18 Sold $4,050,000 +1.3% $1,343 / Sq Ft
04/20/2018 04/20/18 Pending -- -- --
04/09/2018 04/09/18 For Sale $3,998,000 -- $1,326 / 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 $54,792 $4,748,088 $3,554,348 $1,193,740
2023 $54,792 $3,999,638 $3,416,329 $583,309
2022 $42,408 $3,838,862 $3,349,343 $489,519
2021 $41,853 $3,763,591 $3,283,670 $479,921
2020 $48,819 $4,369,680 $2,496,960 $1,872,720
2019 $48,298 $4,284,000 $2,448,000 $1,836,000
2018 $29,745 $2,708,236 $2,472,741 $235,495
2017 $29,398 $2,655,134 $2,424,256 $230,878
2016 $28,882 $2,603,073 $2,376,722 $226,351
2015 $28,686 $2,563,973 $2,341,022 $222,951
2014 $27,991 $2,513,749 $2,295,165 $218,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81761541

MLSListings

APN: 079-011-050