NOT LISTED FOR SALE

420 Cervantes Rd Portola Valley, CA 94028

Estimated Value: $5,911,000 - $7,577,000

5 Beds
3 Baths
3,910 Sq Ft
$1,698/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $4,363,700 $1,116 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $42,139/month

205 Days on Market

Highlights

  • In Ground Pool
  • 1.01 Acre Lot
  • Formal Dining Room
  • Ormondale Elementary School Rated A+
  • 2 Fireplaces
  • Eat-In Kitchen

About This Home

As of April 2016

Beautifully remodeled home blends contemporary styling and traditional elegance on 1 acre cul-de-sac setting. Floorplan provides great flexibility with 5th bedroom currently configured as an office. Impeccably appointed kitchen accommodates casual & formal entertaining. Spacious family room for use as media room, 2nd office and hobby/play room. Outdoor entertainment areas offer spectacular views of western hills, pool, hot tub, putting green, spacious patio, water-wise gardens and sport court.

Last Agent to Sell the Property

Ginny Kavanaugh

Coldwell Banker Realty License #70010886 Listed on: 08/24/2015

Coldwell Banker Realty

Last Buyer's Agent

Zachary Trailer

Compass License #01371338

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $72,366

Year Built

  • Built in 1961

Lot Details

  • 1.01 Acre Lot
  • Zoning described as R1001A

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,910 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Separate Family Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 077-310-180

Home Details

Home Type

Single Family

Est. Annual Taxes

$72,366

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 54
  • Listing Class: Residential
  • Structure Sq Ft: 3910
  • Year Built: 1961
  • Zoning Description: R1001A
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen, Formal Dining Room
  • Living Sq Ft: 3910
  • Stories: 1
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Pool Description: Pool - In Ground, Spa / Hot Tub
  • Roof: Composition, Shingle
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

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

Lot Info

  • Parcel Number: 077-310-180
  • Lot Acres: 1.0100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 43996.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 43996.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2021
Sold by
Russell Michael S and Russell Valerie L
Bought by
Hartman Joaquin and Hartman Holly
Current Estimated Value
$6,639,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,278,293
Interest Rate
2.45%
Mortgage Type
New Conventional
Estimated Equity
$4,361,542

Purchase Details

Closed on
Nov 29, 2017
Sold by
Russell Michael S and Russell Valerie L
Bought by
Russell Michael S and Russell Valerie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,050,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2017
Sold by
Mason Gregory James and Manak Silvia
Bought by
Russell Michael S and Russell Valerie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,050,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 24, 2015
Closed on
Apr 20, 2016
Sold by
Wagner Boyce Richard W and Wagner Boyce Sandra
Bought by
Mason Gregory James and Manak Silvia
Seller's Agent
Ginny Kavanaugh
Coldwell Banker Realty
Buyer's Agent
Zachary Trailer
Compass
List Price
$4,700,000
Sold Price
$4,363,700
Premium/Discount to List
-$336,300
-7.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$3,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 18, 2008
Sold by
Wagner Boyce Dick W and Wagner Boyce Sandra
Bought by
Wagner Boyce Richard W and Wagner Boyce Sandra

Purchase Details

Closed on
Apr 23, 2000
Sold by
Boyce Dick W and Wagner Sandra
Bought by
Boyce Dick W and Boyce Sandra W

Purchase Details

Closed on
Sep 4, 1997
Sold by
Harwood Charles C and Harwood B S
Bought by
Wagner Boyce Dick W and Wagner Boyce Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.42%
Mortgage Type
Credit Line Revolving
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
Hartman Joaquin $6,100,000 Lawyers Title Company
Russell Michael S -- None Available
Russell Michael S $4,500,000 Lawyers Title Company
Mason Gregory James $4,364,000 Lawyers Title Company
Wagner Boyce Richard W -- Chicago Title Company
Boyce Dick W -- --
Wagner Boyce Dick W $1,495,000 North American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartman Joaquin $2,500,000
Previous Owner Russell Michael S $4,050,000
Previous Owner Mason Gregory James $3,000,000
Previous Owner Boyce Richard W $1,100,000
Previous Owner Boyce Dick W $1,100,000
Previous Owner Boyce Dick W $1,100,000
Previous Owner Boyce Dick W $100,000
Previous Owner Wagner Boyce Dick W $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $4,363,700 -7.2% $1,116 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $4,700,000 +7.7% $1,202 / Sq Ft
10/08/2015 10/08/15 Off Market $4,363,700 -- --
08/24/2015 08/24/15 For Sale $4,700,000 -- $1,202 / 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 $72,366 $5,375,000 $4,582,000 $793,000
2023 $72,366 $6,222,000 $5,304,000 $918,000
2022 $69,141 $6,100,000 $5,200,000 $900,000
2021 $54,273 $4,730,302 $3,784,242 $946,060
2020 $53,879 $4,681,800 $3,745,440 $936,360
2019 $53,123 $4,590,000 $3,672,000 $918,000
2018 $50,502 $4,500,000 $3,600,000 $900,000
2017 $50,282 $4,450,974 $3,522,774 $928,200
2016 $23,804 $2,016,536 $1,008,268 $1,008,268
2015 $23,578 $1,986,246 $993,123 $993,123
2014 $22,938 $1,947,340 $973,670 $973,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81501428

MLSListings

APN: 077-310-180