NOT LISTED FOR SALE

281 Mimosa Way Portola Valley, CA 94028

Estimated Value: $3,451,000 - $4,668,000

4 Beds
2.5 Baths
3,090 Sq Ft
$1,307/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $2,588,000 $838 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $25,870/month

Highlights

  • Wine Cellar
  • Deck
  • Hydromassage or Jetted Bathtub
  • Las Lomitas Elementary School Rated A+
  • Wood Flooring
  • High Ceiling

About This Home

As of March 2017

Elevated Woodland Retreat Echoes Serenity. Nestled in the verdant hills of the Ladera neighborhood is this castle-inspired home. Open and airy spaces with large picture and casement windows flood the rooms with natural light up to the high, vaulted ceilings above while classic features emphasize the home’s timelessness. Local recreation is close by, with verdant Shady Trail and Pearson-Arastradero Preserve within driving distance while fine dining and shopping on bustling Alpine Road is also near. Excellent schools such as Las Lomitas Elementary (API 943), La Entrada Middle (API 963), and Menlo-Atherton High are just short drives away (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 03/15/2017

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006 Listed on: 03/15/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,097

Year Built

  • Built in 1991

Lot Details

  • 0.5 Acre Lot
  • Fenced
  • Grass Covered Lot
  • Zoning described as R10010

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,090 Sq Ft Home
  • 3-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Wine Cellar
  • Family or Dining Combination
  • Den

Kitchen

  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 077-381-310

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,097

Year Built

Built in 1991

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 26
  • Listing Class: Residential
  • Structure Sq Ft: 3090
  • Year Built: 1991
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Family Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Garbage Disposal, Oven - Gas, Oven - Self Cleaning
  • Living Sq Ft: 3090
  • Stories: 3
  • Laundry: Tub / Sink, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Storage, Wine Cellar / Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower, Tub with Jets, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Wood Frame
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Deck, Fenced, Low Maintenance
  • Fencing: Fenced
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, 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

  • Parcel Number: 077-381-310
  • Lot Acres: 0.5000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 21780.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 21780.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances

Multi Family

  • Utilities: 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
Mar 15, 2017
Closed on
Feb 13, 2017
Sold by
Galarneau Mark and Galarneau Jacki A
Bought by
Jin Bo and Xie Guanling
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$2,488,000
Sold Price
$2,588,000
Premium/Discount to List
$100,000
4.02%
Current Estimated Value
$4,206,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,618,093
Avg. Annual Appreciation
5.86%
Original Mortgage
$2,100,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2002
Sold by
Galarneau Mark Edwin and Galarneau Jacki Ann Brown
Bought by
Galarneau Mark Edwin and Galarneau Jacki Ann Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.59%

Purchase Details

Closed on
Jan 22, 2002
Sold by
Galarneau Mark Edwin and Galarneau Jacki Ann Brown
Bought by
Galarneau Mark Edwin and Galarneau Jacki Ann Brown

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.59%

Purchase Details

Closed on
Nov 26, 1996
Sold by
Edwin Galarneau Mark and Edwin Jacki A
Bought by
Galarneau Mark Edwin and Galarneau Jacki Ann Brown
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
Jin Bo $2,588,000 Chicago Title Company
Galarneau Mark Edwin -- Chicago Title Co
Galarneau Mark Edwin -- Chicago Title Insurance Co
Galarneau Mark Edwin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Bo $1,920,000
Closed Jin Bo $2,100,000
Previous Owner Galarneau Mark $173,500
Previous Owner Galarneau Mark $800,000
Previous Owner Galarneau Mark $100,000
Previous Owner Galarneau Mark $485,000
Previous Owner Galarneau Mark Edwin $500,000
Previous Owner Galarneau Mark Edwin $505,000
Closed Galarneau Mark Edwin $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2017 03/15/17 Sold $2,588,000 +4.0% $838 / Sq Ft
03/15/2017 03/15/17 Pending -- -- --
03/15/2017 03/15/17 For Sale $2,488,000 -- $805 / 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 $34,097 $3,003,590 $2,226,001 $777,589
2023 $34,097 $2,886,959 $2,139,563 $747,396
2022 $32,624 $2,830,353 $2,097,611 $732,742
2021 $32,111 $2,774,857 $2,056,482 $718,375
2020 $31,399 $2,746,405 $2,035,396 $711,009
2019 $32,339 $2,692,555 $1,995,487 $697,068
2018 $30,787 $2,639,760 $1,956,360 $683,400
2017 $11,145 $893,313 $467,288 $426,025
2016 $11,030 $875,798 $458,126 $417,672
2015 $10,795 $862,644 $451,245 $411,399
2014 $10,654 $845,747 $442,406 $403,341
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81642388

MLSListings

APN: 077-381-310