$7,800,000
SOLD AUG 7, 2020

380 Cervantes Rd Portola Valley, CA 94028

3 Beds
3.5 Baths
5,145 Sq Ft
1.03 Acres

Recently Sold

$1,516 Per Sq Ft

5% Below List Price

8 Days on Market

Highlights

  • Private Pool
  • 1.03 Acre Lot
  • Breakfast Bar
  • Ormondale Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Zoned Cooling

About This Home

As of May 2022

With dramatic views of Windy Hill and the western hills, this modern Tuscan-style home was masterfully built in 2003 with exceptional quality and livability. Carefully tucked into the landscape on over an acre, the two-story, solar-powered home creates both a secluded poolside setting elegantly carved into the cascading terrain and, together with the guest house, an inviting courtyard anchored by a majestic heritage Blue Oak. The interior spaces of the home simultaneously look inward to the tree and quiet canopied courtyard and outward to sweeping views of the western hills. Radiant-heated travertine floors extend throughout and seamlessly connect with the outdoor terraces through retractable walls of glass. Per COVID-19 showing guidelines, this home may be shown following the approved protocol including an acknowledged copy of the Coldwell Banker Realty Prevention Plan for In-Person Visits: https://bit.ly/CBPrevPlan

Last Agent to Sell the Property

Ginny Kavanaugh

Coldwell Banker Realty License #70010886 Listed on: 07/05/2020

Coldwell Banker Realty

Last Buyer's Agent

The reSolve Group

Compass License #70010012

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $107,622

Year Built

  • Built in 2003

Lot Details

  • 1.03 Acre Lot
  • Zoning described as R1001A

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,145 Sq Ft Home
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Pool

  • Private Pool

Utilities

  • Zoned Cooling
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 077-310-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$107,622

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 17
  • Listing Class: Residential
  • Structure Sq Ft: 5145
  • Year Built: 2003
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Living Sq Ft: 5145
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Metal
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Radiant
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 077-310-140
  • Lot Acres: 1.0300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 44867.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 44867.00

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
Jul 5, 2020
Closed on
Aug 3, 2020
Sold by
Siegel Daniel R and Siegel Amy Bosche
Bought by
Colis Peter and Zhan Stephanie
Seller's Agent
Ginny Kavanaugh
Coldwell Banker Realty
Buyer's Agent
The reSolve Group
Compass
List Price
$8,200,000
Sold Price
$7,800,000
Premium/Discount to List
-$400,000
-4.88%
Current Estimated Value
$8,632,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,550
Avg. Annual Appreciation
2.02%
Original Mortgage
$5,070,000
Interest Rate
2.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2017
Sold by
Siegel Daniel K and Siegel Amy Tsoscne
Bought by
Siegel Daniel R and Siegel Amy Bosche

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,400,000
Interest Rate
3.4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 6, 2000
Sold by
Siegel Daniel R and Siegel Amy B
Bought by
Siegel Daniel R and Siegel Amy B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $7,800,000 Old Republic Title Company
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,000,000 Balloon
Closed $5,070,000 New Conventional
Previous Owner $3,400,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 Unknown
Previous Owner $900,000 Credit Line Revolving
Previous Owner $220,000 Credit Line Revolving
Previous Owner $730,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2022 05/05/22 Sold $9,200,000 -12.4% $1,621 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $10,500,000 +34.6% $1,850 / Sq Ft
08/07/2020 08/07/20 Sold $7,800,000 -4.9% $1,516 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/05/2020 07/05/20 For Sale $8,200,000 -- $1,594 / 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 $107,622 $9,763,113 $8,160,689 $1,602,424
2023 $107,622 $9,384,000 $7,843,800 $1,540,200
2022 $89,401 $7,956,000 $5,508,000 $2,448,000
2021 $88,077 $7,800,000 $5,400,000 $2,400,000
2020 $36,606 $3,116,059 $840,972 $2,275,087
2019 $36,037 $3,054,961 $824,483 $2,230,478
2018 $34,271 $2,995,061 $808,317 $2,186,744
2017 $33,818 $2,936,335 $792,468 $2,143,867
2016 $33,197 $2,878,761 $776,930 $2,101,831
2015 $32,907 $2,835,520 $765,260 $2,070,260
2014 $32,036 $2,779,977 $750,270 $2,029,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81798732

MLSListings

APN: 077-310-140