NOT LISTED FOR SALE

271 S Balsamina Way Portola Valley, CA 94028

Estimated Value: $3,203,000 - $3,658,000

3 Beds
2 Baths
1,900 Sq Ft
$1,807/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $2,420,000 $1,274 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $21,647/month

113 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Granite Countertops
  • Las Lomitas Elementary School Rated A+
  • Wood Flooring
  • Community Pool

About This Home

As of February 2019

Best Value in Ladera! Updated and move-in ready ranch-style home on one of Ladera's most desirable cul-de-sacs. This home's indoor-outdoor flow includes a light-filled living room, hand-scraped engineered hardwood floors, a stone gas fireplace, and sliding doors off the living room that lead to a spacious, and private backyard deck with views of the Stanford Hills. Chef's kitchen has stainless appliances, bay window, granite counters, and a cozy side patio off the dining room. The bedroom wing features a private master bedroom suite with timeless updates. The family room is a perfect gathering spot for fun and games. The bonus room would make an excellent 4th bedroom, office or guest room. Entertain family and friends and live the California lifestyle in the private, and sunny backyard. Yard is easily accessible on 2 levels and provides many different uses and options including raised vegetable beds and several fruit trees. Acclaimed Las Lomitas schools.

Last Agent to Sell the Property

Rebecca Johnson

Intero Real Estate Services License #70000667 Listed on: 09/17/2018

Intero Real Estate Services

Last Buyer's Agent

Rose Lin

Erealty & Loans, Inc License #00943637

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,577

Year Built

  • Built in 1959

Lot Details

  • 0.28 Acre Lot
  • Kennel or Dog Run
  • Wood Fence
  • Corners Of The Lot Have Been Marked
  • Lot Sloped Down
  • Sprinklers on Timer
  • Grass Covered Lot
  • Zoning described as R10010

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • Beamed Ceilings
  • Skylights
  • Gas Fireplace
  • Double Pane Windows
  • Bay Window
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Laundry in Garage
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Deck
  • Shed

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Cable TV Available

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 077-172-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,577

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 1900
  • Year Built: 1959
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1900
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: In Garage
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Dual Flush Toilet, Full on Ground Floor, Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility
  • Roof: Composition, Shingle
  • Yard/Grounds: Deck, Dog Run / Kennel, Fenced, Low Maintenance, Sprinklers - Auto, Storage Shed / Structure
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Bay Window, Open Beam Ceiling, Skylight, Walk-in Closet

Schools

  • School District: Sequoia Union High
  • Elementary School: Las Lomitas Elementary
  • Middle School: La Entrada Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 651
  • Middle School: 648

Lot Info

  • Lot Description: Corners Marked, Grade - Sloped Down, Surveyed, Views
  • Parcel Number: 077-172-090
  • Lot Acres: 0.2846
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12397.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12397.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Insulation - Per Owner, Low Flow Shower, Low Flow Toilet, Skylight

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Las Lomitas Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: La Entrada Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2018
Closed on
Jan 17, 2019
Sold by
Gravett Thomas S and Gravett Richard H
Bought by
Liu Xiao and Huang Lin
Seller's Agent
Rebecca Johnson
Intero Real Estate Services
Buyer's Agent
Rose Lin
Erealty & Loans, Inc
List Price
$2,595,000
Sold Price
$2,420,000
Premium/Discount to List
-$175,000
-6.74%
Current Estimated Value
$3,433,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,013,222
Avg. Annual Appreciation
5.58%
Original Mortgage
$169,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 23, 2015
Sold by
Gravett Thomas S
Bought by
Gravett Thomas S and Gravett Richard H
Source: Public Records

Range of Values:

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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
Liu Xiao $2,420,000 Old Republic Title Co
Gravett Thomas S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Xiao $1,634,000
Closed Liu Xiao $1,640,000
Closed Liu Xiao $1,670,000
Closed Liu Xiao $169,400
Previous Owner Scott Gretchen $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $2,420,000 -3.0% $1,274 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $2,495,000 -3.9% $1,313 / Sq Ft
01/01/2019 01/01/19 For Sale $2,595,000 +7.2% $1,366 / Sq Ft
01/01/2019 01/01/19 Off Market $2,420,000 -- --
10/24/2018 10/24/18 Price Changed $2,595,000 -3.7% $1,366 / Sq Ft
09/17/2018 09/17/18 For Sale $2,695,000 0.0% $1,418 / Sq Ft
01/25/2013 01/25/13 Rented $3,900 -15.2% --
01/25/2013 01/25/13 Under Contract -- -- --
11/25/2012 11/25/12 For Rent $4,600 -- --
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 $31,577 $2,818,588 $2,360,992 $457,596
2023 $31,577 $2,656,022 $2,224,817 $431,205
2022 $30,214 $2,603,945 $2,181,194 $422,751
2021 $29,741 $2,552,888 $2,138,426 $414,462
2020 $28,781 $2,499,000 $2,116,500 $382,500
2019 $3,129 $147,206 $57,564 $89,642
2018 $2,687 $144,321 $56,436 $87,885
2017 $2,580 $141,492 $55,330 $86,162
2016 $2,827 $138,719 $54,246 $84,473
2015 $2,430 $136,637 $53,432 $83,205
2014 $2,340 $133,962 $52,386 $81,576
Source: Public Records

Agents Affiliated with this Home

  • Rebecca Johnson

    Seller's Agent in 2019

    Rebecca Johnson

    Intero Real Estate Services

    (650) 329-6676

    34 in this area

    58 Total Sales

    Rebecca Johnson
    Section Image

  • R

    Buyer's Agent in 2019

    Rose Lin

    Erealty & Loans, Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81723758

MLSListings

APN: 077-172-090

California San Mateo County Portola Valley 94028

271 S Balsamina Way, Portola Valley, CA

This home is located at 271 S Balsamina Way, Portola Valley, CA 94028 since 17 September 2018 and is currently estimated at $3,433,222, approximately $1,806 per square foot. This property was built in 1959. 271 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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