NOT LISTED FOR SALE

260 S Balsamina Way Portola Valley, CA 94028

Estimated Value: $3,274,000 - $3,978,000

3 Beds
2.5 Baths
2,265 Sq Ft
$1,570/Sq Ft Est. Value

Last Sold December 30, 2020

Last sale price $2,810,000 $1,241 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $22,574/month

32 Days on Market

Highlights

  • Breakfast Area or Nook
  • Forced Air Heating and Cooling System
  • Wood Burning Fireplace
  • Las Lomitas Elementary School Rated A+
  • Combination Dining and Living Room
  • 1-Story Property

About This Home

As of December 2020

This lovely 3 bedroom + office, 2.5 bath home has hardwood oak floors, great sun exposure, an updated kitchen, vaulted wood-beamed ceilings, and gorgeous views of the Stanford hills. Wonderful entertaining spaces surround this tastefully landscaped property with sizable vegetable gardens, fruit trees, and many more opportunities to create your own oasis. Best of all, enjoy your Jacuzzi retreat just outside the main bedroom. The LRD is our community gathering spot for timeless traditions including Halloween, 4th of July parades, and many other activities throughout the year. Spend just a few minutes at the LRD and you will realize the one of a kind community you have joined. Enjoy leisurely outings to the Ladera Shopping Center, Alpine Trail, and the Stanford Dish. At the bottom of the hill, grab your morning coffee, enjoy lunch or dinner at various restaurants, or stop by Bianchini's for fresh fruits and vegetables from local farms. Top-rated Las Lomitas School District awaits.

Last Agent to Sell the Property

Josh Rubin

Kerwin & Associates License #01995038 Listed on: 11/19/2020

Kerwin & Associates

Last Buyer's Agent

Rebecca Johnson

Intero Real Estate Services License #01332193

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,508

Year Built

  • 1961

Lot Details

  • 9,095 Sq Ft Lot

Parking

  • 2 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,265 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,508

Year Built

1961

Lot Details

0

Parking

2

Listing Details

  • Zoning: R10010
  • Subclass: Single Family Home
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 2265
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1961

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area, Dining Area In Living Room, Dining Bar, Eat In Kitchen, Skylight
  • Fireplace: Yes
  • Living Sq Ft: 2265
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • Pool: Spa - Above Ground, Spa - Cover, Spa - Electric, Spa - Jetted, Spa / Hot Tub

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High
  • Elementary School: Las Lomitas Elementary
  • Middle School: La Entrada Middle
  • Elementary School: 651
  • Middle School: 648

Lot Info

  • Lot Acres: 0.2088
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9095.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9095.00

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 23, 2020
Sold by
Shank Jonathan Norman and Shank Dana Franco
Bought by
Keswani Vivasvat and Kalani Deepa
Seller's Agent
Josh Rubin
Kerwin & Associates
Buyer's Agent
Rebecca Johnson
Intero Real Estate Services
List Price
$2,949,000
Sold Price
$2,810,000
Premium/Discount to List
-$139,000
-4.71%
Current Estimated Value
$3,556,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$746,283
Avg. Annual Appreciation
5.31%

Purchase Details

Closed on
Oct 16, 2015
Sold by
Shank Jonathan Norman and Shank Dana M
Bought by
The Jonathan Norman Shank & Dana Franco and Mawdsley Shank Dana Franco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2010
Sold by
Russo Giacomo A
Bought by
Shank Jonathan Norman and Shank Dana Franco Mawdsley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,252,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Smith Carol L
Bought by
Russo Giacomo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,000
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Keswani Vivasvat $2,810,000 Chicago Title Company
The Jonathan Norman Shank & Dana Franco -- Old Republic Title Company
Shank Jonathan Norman -- Old Republic Title Company
Shank Jonathan Norman $1,565,000 First American Title Company
Russo Giacomo A -- Old Republic Title Company
Russo Giacomo A $1,160,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keswani Vivasvat $1,800,000
Previous Owner Shank Jonathan Norman $1,400,000
Previous Owner Shank Jonathan Norman $1,400,000
Previous Owner Shank Jonathan Norman $1,252,000
Previous Owner Russo Giacomo A $928,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $2,810,000 -4.7% $1,241 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $2,949,000 -- $1,302 / 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 $34,508 $3,102,464 $2,318,568 $783,896
2023 $34,508 $2,923,524 $2,184,840 $738,684
2022 $33,017 $2,866,200 $2,142,000 $724,200
2021 $32,575 $2,810,000 $2,100,000 $710,000
2020 $21,606 $1,847,130 $916,676 $930,454
2019 $22,221 $1,810,912 $898,702 $912,210
2018 $21,162 $1,775,406 $881,081 $894,325
2017 $20,448 $1,740,595 $863,805 $876,790
2016 $20,275 $1,706,467 $846,868 $859,599
2015 $19,871 $1,680,836 $834,148 $846,688
2014 $19,674 $1,647,913 $817,809 $830,104
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Josh Rubin

    Kerwin & Associates

    Section Image
  • Rebecca Johnson

    Buyer's Agent in 2020

    Rebecca Johnson

    Intero Real Estate Services

    (650) 329-6676

    34 in this area

    58 Total Sales

    Rebecca Johnson
    Section Image
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Map

Source: MLSListings

MLS Number: ML81820408

MLSListings

APN: 077-172-160

California San Mateo County Portola Valley 94028

260 S Balsamina Way, Portola Valley, CA

This home is located at 260 S Balsamina Way, Portola Valley, CA 94028 since 19 November 2020 and is currently estimated at $3,556,283, approximately $1,570 per square foot. This property was built in 1961. 260 S Balsamina Way is a home located in San Mateo County with nearby schools including Las Lomitas Elementary School, La Entrada Middle School, and Menlo-Atherton High School.

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