NOT LISTED FOR SALE

245 Cervantes Rd Portola Valley, CA 94028

Estimated Value: $4,219,000 - $5,519,000

4 Beds
3.5 Baths
2,254 Sq Ft
$2,108/Sq Ft Est. Value

Last Sold May 07, 2015

Last sale price $2,670,000 $1,185 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $28,520/month

9 Days on Market

Highlights

  • Cabana
  • 1.01 Acre Lot
  • 2 Car Attached Garage
  • Ormondale Elementary School Rated A+
  • Open to Family Room
  • Concrete Flooring

About This Home

As of May 2015

Beautifully remodeled mid-century modern home in prime Central Portola Valley on over 1 acre. 4br 3.5ba. Contemporary kitchen with Carrera marble. Master bedroom suite with walk-in closet, private patio. Stylish concrete floors and vaulted tongue and groove beam ceilings. Gorgeous patios and fenced pool with cabana. Two car garage that leads into mudroom. Sought after Portola Valley schools. An incredible value for Central PV.

Last Agent to Sell the Property

Zachary Trailer

Compass License #01371338 Listed on: 04/13/2015

Compass

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,472

Year Built

  • Built in 1959

Lot Details

  • 1.01 Acre Lot
  • Zoning described as R1001A

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,254 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Dining Area

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Cabana
  • In Ground Pool

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property

Utilities

  • Radiant Heating System
  • Septic Tank
  • Not Connected to Sewer

Listing and Financial Details

  • Assessor Parcel Number 077-224-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,472

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 56
  • Listing Class: Residential
  • Structure Sq Ft: 2254
  • Year Built: 1959
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Dining "L", Dining Area, Eat in Kitchen
  • Living Sq Ft: 2254
  • Stories: 1
  • Flooring: Carpet, Concrete
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Cabana / Dressing Room, Pool - In Ground
  • Roof: Composition
  • Horse Property: Possible
  • Pool: Yes

Garage/Parking

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

Utilities

  • Heating System: Radiant
  • Sewer/Septic System: Septic Tank / Pump, Sewer Not Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 077-224-030
  • Lot Acres: 1.0100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43996.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43996.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Schweng Charles and Schweng Patricia
Bought by
Marasigan Eliodoro Jason and Marasigan Carol
Current Estimated Value
$4,751,176

Purchase Details

Listed on
Apr 13, 2015
Closed on
Apr 3, 2015
Sold by
Chambers John J and Chambers Ashley S
Bought by
Marasigan Eliodoro Jason and Marasigan Carol S
Seller's Agent
Zachary Trailer
Compass
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$2,499,000
Sold Price
$2,670,000
Premium/Discount to List
$171,000
6.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$1,350,000
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 26, 2012
Closed on
Nov 12, 2012
Sold by
Choi George Y and Ono Michele M
Bought by
Chambers John J and Chambers Ashley S
Seller's Agent
Lynn Wilson Roberts
Compass
Buyer's Agent
Zachary Trailer
Coldwell Banker Realty
List Price
$2,295,000

Purchase Details

Closed on
Nov 29, 2011
Sold by
Hobart Terry
Bought by
Choi George Y and Ono Michele M

Purchase Details

Closed on
Feb 16, 1996
Sold by
Grinnell Hobart Evelyn M and Grinnell Hobart Evelyn
Bought by
Hobart Evelyn M

Purchase Details

Closed on
Oct 11, 1995
Sold by
Hobart Evelyn M
Bought by
Hobart Evelyn M
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
Marasigan Eliodoro Jason -- None Listed On Document
Marasigan Eliodoro Jason $2,670,000 Chicago Title Company
Chambers John J $2,250,000 Chicago Title Company
Choi George Y $1,300,000 First American Title Company
Hobart Evelyn M -- --
Hobart Evelyn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marasigan Eliodoro Jason $1,176,000
Previous Owner Marasigan Eliodoro Jason $1,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2015 05/07/15 Sold $2,670,000 +6.8% $1,185 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $2,499,000 +8.9% $1,109 / Sq Ft
11/15/2012 11/15/12 Sold -- -- --
11/05/2012 11/05/12 Pending -- -- --
10/26/2012 10/26/12 For Sale $2,295,000 -- $1,018 / 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 $38,472 $3,542,361 $2,922,420 $619,941
2023 $38,472 $3,439,810 $2,836,941 $602,869
2022 $33,435 $3,023,850 $2,536,866 $486,984
2021 $32,998 $2,964,560 $2,487,124 $477,436
2020 $32,905 $2,934,163 $2,461,622 $472,541
2019 $32,555 $2,876,631 $2,413,355 $463,276
2018 $30,953 $2,820,228 $2,366,035 $454,193
2017 $30,591 $2,764,931 $2,319,643 $445,288
2016 $30,055 $2,710,717 $2,274,160 $436,557
2015 $25,846 $2,305,373 $1,639,377 $665,996
2014 $25,221 $2,260,215 $1,607,264 $652,951
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2015

    Zachary Trailer

    Compass

    Section Image
  • Michael Repka

    Buyer's Agent in 2015

    Michael Repka

    Deleon Realty

    (650) 488-7325

    24 in this area

    775 Total Sales

    Michael Repka
    Section Image
  • Lynn Wilson Roberts

    Seller's Agent in 2012

    Lynn Wilson Roberts

    Compass

    (650) 255-6987

    2 in this area

    72 Total Sales

    Lynn Wilson Roberts
    Section Image
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Map

Source: MLSListings

MLS Number: ML81459584

MLSListings

APN: 077-224-030

California San Mateo County Portola Valley 94028

245 Cervantes Rd, Portola Valley, CA

This home is located at 245 Cervantes Rd, Portola Valley, CA 94028 since 13 April 2015 and is currently estimated at $4,751,176, approximately $2,107 per square foot. This property was built in 1959. 245 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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