NOT LISTED FOR SALE

295 Cervantes Rd Portola Valley, CA 94028

Estimated Value: $5,030,000 - $6,018,984

4 Beds
2.5 Baths
3,070 Sq Ft
$1,782/Sq Ft Est. Value

Last Sold May 20, 2019

Last sale price $4,300,000 $1,401 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $33,476/month

14 Days on Market

Highlights

  • Skyline View
  • 1.73 Acre Lot
  • Vaulted Ceiling
  • Ormondale Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of May 2019

Majestic views surround this very special property nestled in a beautiful and private 1.7 acres +/- in central Portola Valley. Framed by nature, there are expansive vistas in every direction and a myriad of outdoor areas for relaxation, play and entertaining. Located on a private country lane, this perfectly sited home offers the best of country living in the heart of the Peninsula. Open Saturday and Sunday 1:30 - 4:30.

Last Agent to Sell the Property

Ellen Ashley

Compass License #01364212 Listed on: 04/12/2019

Compass

Last Buyer's Agent

Erdal Team

Sereno Group License #01907996

Sereno Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $52,021

Year Built

  • Built in 1964

Lot Details

  • 1.73 Acre Lot
  • Lot Sloped Down
  • Sprinkler System
  • Mostly Level
  • Zoning described as R1001A

Parking

  • 2 Car Detached Garage
  • Guest Parking
  • Uncovered Parking

Property Views

  • Skyline
  • Hills
  • Valley

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,070 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Security Lights

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Jetted Tub in Primary Bathroom
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Gazebo

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 077-221-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$52,021

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 55
  • Listing Class: Residential
  • Structure Sq Ft: 3070
  • Year Built: 1964
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Dishwasher, Garbage Disposal, Island, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 3070
  • Stories: 1
  • Security: Security Lights
  • Bedrooms: Primary Bedroom on Ground Floor, More than One Bedroom on Ground Floor
  • Laundry: Dryer, Inside, Washer
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Primary - Tub with Jets, Skylight, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles
  • View: Hills, Valley
  • Yard/Grounds: Balcony / Patio, Courtyard, Deck, Gazebo, Sprinklers - Lawn
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, Uncovered Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Sequoia Union High
  • Elementary School: Ormondale Elementary
  • Middle School: Corte Madera Elementary
  • High School: Woodside High
  • High School: 684
  • Elementary School: 664
  • Middle School: 623

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Sloped Down
  • Parcel Number: 077-221-030
  • Lot Acres: 1.7300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 75359.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 75359.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Ormondale Elementary
  • High School Text: Woodside High
  • Middle School Text: Corte Madera Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
May 15, 2019
Sold by
Alafi Christopher D
Bought by
Heiselman Kari J and Heiselman Mary Alexis
Seller's Agent
Ellen Ashley
Compass
Buyer's Agent
Erdal Team
Sereno Group
List Price
$4,400,000
Sold Price
$4,300,000
Premium/Discount to List
-$100,000
-2.27%
Current Estimated Value
$5,469,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,169,496
Avg. Annual Appreciation
4.16%
Original Mortgage
$3,000,000
Outstanding Balance
$2,610,682
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,956,244

Purchase Details

Closed on
Mar 25, 2016
Sold by
Cohen Stanley N
Bought by
Alafi Christopher D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,146,500
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Heiselman Kari J $4,300,000 Chicago Title Company
Alafi Christopher D $4,495,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heiselman Karl J $1,932,000
Closed Heiselman Karl J $1,970,000
Open Heiselman Kari J $3,000,000
Previous Owner Alafi Christopher D $3,146,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2019 05/20/19 Sold $4,300,000 -2.3% $1,401 / Sq Ft
04/27/2019 04/27/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $4,400,000 -- $1,433 / 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 $52,021 $4,796,727 $3,179,227 $1,617,500
2023 $52,021 $4,610,467 $3,055,775 $1,554,692
2022 $49,844 $4,520,066 $2,995,858 $1,524,208
2021 $49,191 $4,431,438 $2,937,116 $1,494,322
2020 $48,999 $4,386,000 $2,907,000 $1,479,000
2019 $53,709 $4,770,129 $4,053,814 $716,315
2018 $51,050 $4,676,598 $3,974,328 $702,270
2017 $50,450 $4,584,900 $3,896,400 $688,500
2016 $14,395 $1,273,231 $634,967 $638,264
2015 $13,718 $1,254,107 $625,430 $628,677
2014 $13,378 $1,229,542 $613,179 $616,363
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2019

    Ellen Ashley

    Compass

    Section Image

  • E

    Buyer's Agent in 2019

    Erdal Team

    Sereno Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81746909

MLSListings

APN: 077-221-030

California San Mateo County Portola Valley 94028

295 Cervantes Rd, Portola Valley, CA

This home is located at 295 Cervantes Rd, Portola Valley, CA 94028 since 12 April 2019 and is currently estimated at $5,469,496, approximately $1,781 per square foot. This property was built in 1964. 295 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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