NOT LISTED FOR SALE

3 Horseshoe Bend Portola Valley, CA 94028

Estimated Value: $4,960,000 - $5,483,000

4 Beds
4 Baths
4,030 Sq Ft
$1,276/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $5,000,000 $1,241 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $32,447/month

7 Days on Market

Highlights

  • Fitness Center
  • Wine Cellar
  • Primary Bedroom Suite
  • Corte Madera School Rated A+
  • Bay View
  • Clubhouse

About This Home

As of January 2022

Spectacular Bay and valley views await you and your guests! Nestled atop a knoll on a serene cul-de-sac in the Portola Valley Ranch, this multi-level home has been beautifully remodeled and modernized to accommodate the needs of today. Designed with the California indoor/outdoor lifestyle, each level of the home offers two bedrooms and two bathrooms connected by a central gathering living space that leads out to the rear entertainment deck that provides 180 degrees of canyon views to the sparkling city lights of the Bay. Accompanied in the Ranch, there are numerous amenities to enjoy and include the community vineyard, veggie garden, ranch house, (3) tennis courts, (2) swimming pools (open seasonally) duck pond, dog park, playground, surrounded by 450 acres of the private residential community and open preserve with miles of hiking trails and close proximity to Windy Hill, Alpine Hills Tennis and Swimming Club and Foothill Park and excellent Portola Valley schools.

Last Agent to Sell the Property

Shelly Roberson

Compass License #01143296 Listed on: 12/06/2021

Compass

Last Buyer's Agent

Kerwin Cowperthwaite

Golden Gate Sotheby's International Realty License #70010214

Golden Gate Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $58,862

Year Built

  • 1988

Lot Details

  • 0.47 Acre Lot
  • Lot Sloped Down
  • Drought Tolerant Landscaping

HOA Fees

  • $384 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Guest Parking

Property Views

  • Bay
  • Skyline
  • Hills
  • Valley

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,030 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Storage Room
  • Utility Room
  • Alarm System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Warming Drawer
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 4 Full Bathrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Additional Features

  • Balcony
  • Pasture
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, insurance - common area, management fee, pool spa or tennis, recreation facility, reserves
  • Portola Valley Ranch Association
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$58,862

Year Built

1988

Lot Details

0

HOA Fees

$384 per month

Parking

2

Listing Details

  • Zoning: PC2ASD
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 33
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 205
  • Structure Sq Ft: 4030
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Dining Area, Eat In Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Island With Sink, Microwave, Oven - Built-In, Refrigerator, Warming Drawer
  • Fireplace: Yes
  • Living Sq Ft: 4030
  • Stories: 2
  • Security: Security Alarm
  • Bedrooms: More Than One Bedroom On Ground Floor, Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Inside, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Great Room, Laundry Room, Office Area, Storage, Utility Room, Wine Cellar / Storage
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full On Ground Floor, Marble, Primary - Stall Shower(s), Shower Over Tub - 1, Skylight, Stall Shower - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter, Post And Pier
  • Roof: Tar And Gravel
  • View: Bay, City Lights, Hills, Pasture, Valley
  • Yard/Grounds: Balcony / Patio, Drought Tolerant Plants
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Portola Valley Ranch Association
  • HOA Fees: 384
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, Playground, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Portola Valley Ranch Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-In Closet

Schools

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

Lot Info

  • Lot Description: Grade - Sloped Down
  • Lot Acres: 0.4700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20473.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 20473.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 3, 2022
Sold by
Peterson Revocable Trust
Bought by
Farber Ten Family Trust
Seller's Agent
Shelly Roberson
Compass
Buyer's Agent
Kerwin Cowperthwaite
Golden Gate Sotheby's International Realty
List Price
$4,495,000
Sold Price
$5,000,000
Premium/Discount to List
$505,000
11.23%
Current Estimated Value
$5,142,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,726
Avg. Annual Appreciation
1.17%
Original Mortgage
$3,000,000
Outstanding Balance
$2,730,651
Interest Rate
1.88%
Mortgage Type
New Conventional
Estimated Equity
$2,488,164

Purchase Details

Closed on
Apr 15, 2020
Sold by
Peterson John M and Peterson Lynn P
Bought by
Peterson John M and Peterson Lynn P
Source: Public Records

Range of Values:

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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
Farber Ten Family Trust $5,000,000 Lawyers Title
Peterson John M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farber Ten Family Trust $3,000,000
Previous Owner Peterson John M $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2022 01/13/22 Sold $5,000,000 +11.2% $1,241 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $4,495,000 -- $1,115 / 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 $58,862 $5,380,039 $3,629,331 $1,750,708
2023 $58,862 $5,100,000 $3,488,400 $1,611,600
2022 $27,284 $2,343,084 $1,171,542 $1,171,542
2021 $26,920 $2,297,142 $1,148,571 $1,148,571
2020 $26,842 $2,273,588 $1,136,794 $1,136,794
2019 $26,523 $2,229,008 $1,114,504 $1,114,504
2018 $25,232 $2,185,302 $1,092,651 $1,092,651
2017 $24,897 $2,142,454 $1,071,227 $1,071,227
2016 $24,437 $2,100,446 $1,050,223 $1,050,223
2015 $24,221 $2,068,896 $1,034,448 $1,034,448
2014 $23,581 $2,028,370 $1,014,185 $1,014,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81871871

MLSListings

APN: 080-441-020