NOT LISTED FOR SALE

311 La Mesa Dr Portola Valley, CA 94028

Estimated Value: $3,088,000 - $3,922,000

3 Beds
2.5 Baths
1,770 Sq Ft
$1,932/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $2,300,000 $1,299 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $20,986/month

14 Days on Market

Highlights

  • Eichler Home
  • Radiant Floor
  • Wood Burning Fireplace
  • Las Lomitas Elementary School Rated A+
  • Dining Area

About This Home

As of December 2016

This iconic Eichler has enthusiasts jumping for joy! A rare split-level design by architects Jones and Emmons, this home has been beautifully preserved and showcases the original design that Mr. Eichler intended. The property offers a beautiful, private backyard with a serene fountain and large patio area, ideal for entertaining. The front entrance features an open stairwell with soaring walls of glass. The floor to ceiling windows allow natural light and beauty, creating a seamless transition between indoor and outdoor spaces. Three bedrooms and two full bathrooms reside on the upper level of the home with a spacious living room, dining area, and kitchen on the lower level with a half bath. This original Eichler home truly showcases the finest elements of modernism.

Last Agent to Sell the Property

Monique Anton

Modern Homes Realty License #01879145 Listed on: 10/31/2016

Last Buyer's Agent

Monique Anton

Modern Homes Realty License #01879145 Listed on: 10/31/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,484

Year Built

  • Built in 1951

Lot Details

  • 8,799 Sq Ft Lot
  • Zoning described as R10010

Parking

  • 2 Carport Spaces

Home Design

  • Eichler Home
  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 1,770 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Radiant Floor

Bedrooms and Bathrooms

  • 3 Bedrooms

Listing and Financial Details

  • Assessor Parcel Number 077-202-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,484

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Eichler
  • Age: 65
  • Listing Class: Residential
  • Structure Sq Ft: 1770
  • Year Built: 1951
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1770
  • Stories: 2
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Heating System: Radiant Floors
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 077-202-010
  • Lot Acres: 0.2020
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8799.12
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8799.12

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2016
Closed on
Dec 7, 2016
Sold by
Kloiber Martin and Bratton Hillary
Bought by
Luzzatti Omer and Flash Shira
Seller's Agent
Monique Anton
Modern Homes Realty
Buyer's Agent
Monique Anton
Modern Homes Realty
List Price
$2,399,000
Sold Price
$2,300,000
Premium/Discount to List
-$99,000
-4.13%
Current Estimated Value
$3,385,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,085,326
Avg. Annual Appreciation
4.11%
Original Mortgage
$1,600,000
Outstanding Balance
$1,299,552
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$1,962,478

Purchase Details

Closed on
Dec 14, 2007
Sold by
Livingston Jeffrey David and Singhaus Clifford John
Bought by
Kloiber Martin and Bratton Hillary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 2002
Sold by
Singhaus Marcelina S
Bought by
Singhaus Marcelina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.86%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Luzzatti Omer $2,300,000 Chicago Title Company
Kloiber Martin $1,275,000 Fidelity National Title Co
Singhaus Marcelina S -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luzzatti Omer $1,600,000
Previous Owner Kloiber Martin $1,110,500
Previous Owner Kloiber Martin $952,500
Previous Owner Kloiber Martin $250,000
Previous Owner Kloiber Martin $145,000
Previous Owner Kloiber Martin $1,000,000
Previous Owner Singhaus Marcelina S $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $2,300,000 0.0% $1,299 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
11/14/2016 11/14/16 Price Changed $2,299,000 -4.2% $1,299 / Sq Ft
10/31/2016 10/31/16 For Sale $2,399,000 -- $1,355 / 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 $30,484 $2,669,341 $2,437,227 $232,114
2023 $30,484 $2,565,689 $2,342,588 $223,101
2022 $29,165 $2,515,382 $2,296,655 $218,727
2021 $28,707 $2,466,062 $2,251,623 $214,439
2020 $28,071 $2,440,777 $2,228,536 $212,241
2019 $28,901 $2,392,920 $2,184,840 $208,080
2018 $27,516 $2,346,000 $2,142,000 $204,000
2017 $26,666 $2,300,000 $2,100,000 $200,000
2016 $17,028 $1,414,710 $1,331,496 $83,214
2015 $16,683 $1,393,461 $1,311,496 $81,965
2014 $16,506 $1,366,166 $1,285,806 $80,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81630348

MLSListings

APN: 077-202-010