NOT LISTED FOR SALE

240 Cervantes Rd Portola Valley, CA 94028

Estimated Value: $5,482,000 - $6,714,311

3 Beds
3 Baths
3,509 Sq Ft
$1,695/Sq Ft Est. Value

About This Home

This home is located at 240 Cervantes Rd, Portola Valley, CA 94028 and is currently estimated at $5,946,828, approximately $1,694 per square foot. 240 Cervantes Rd is a home located in San Mateo County with nearby schools including Ormondale Elementary School, Corte Madera School, and Woodside High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2019
Sold by
Erskine Cole and Erskine Mary Beth
Bought by
Mcintosh David and Mcintosh Joanathan
Current Estimated Value
$5,946,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Outstanding Balance
$2,940,359
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,594,038

Purchase Details

Closed on
Mar 30, 1998
Sold by
Wallace Robert E and Wallace G K
Bought by
Erskine Cole and Erskine Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Mcintosh David $4,900,000 Lawyers Title Company
Erskine Cole $1,300,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcintosh David $3,400,000
Previous Owner Erskine Cole $625,000
Previous Owner Erskine Cole $650,000
Previous Owner Erskine Cole $975,000
Source: Public Records

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 $60,319 $5,358,861 $3,335,618 $2,023,243
2023 $60,319 $5,150,772 $3,206,093 $1,944,679
2022 $57,600 $5,049,778 $3,143,229 $1,906,549
2021 $56,695 $4,950,764 $3,081,598 $1,869,166
2020 $56,286 $4,900,000 $3,050,000 $1,850,000
2019 $26,836 $2,228,343 $930,414 $1,297,929
2018 $25,531 $2,184,651 $912,171 $1,272,480
2017 $25,182 $2,141,817 $894,286 $1,247,531
2016 $24,712 $2,099,821 $876,751 $1,223,070
2015 $24,479 $2,068,281 $863,582 $1,204,699
2014 $23,817 $2,027,767 $846,666 $1,181,101
Source: Public Records

Map

California San Mateo County Portola Valley 94028

240 Cervantes Rd, Portola Valley, CA

This home is located at 240 Cervantes Rd, Portola Valley, CA 94028 and is currently estimated at $5,946,828, approximately $1,694 per square foot. 240 Cervantes Rd is a home located in San Mateo County with nearby schools including Ormondale Elementary School, Corte Madera School, and Woodside High School.

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