Seller's Agent in 2020
Erika Demma
Compass
(650) 740-2970
8 in this area
105 Total Sales
460 Cervantes Rd Portola Valley, CA 94028
Estimated Value: $6,041,000 - $8,118,000
4
Beds
2.5
Baths
2,990
Sq Ft
$2,431/Sq Ft
Est. Value
Highlights
- Barn
- Horse Property
- 1.04 Acre Lot
- Ormondale Elementary School Rated A+
- Primary Bedroom Suite
- Wood Flooring
About This Home
As of December 2020The Essence of Portola Valley Living! This property exemplifies the essence of the Portola Valley lifestyle understated updated elegance, more than one level acre, an equestrian facility, and just one block to Westridge Trail. In addition, the home has everything needed for todays lifestyle needs where work-from-home space is essential, as well as room for fitness, play, and recreation. The main home is beautifully appointed with hardwood floors and fresh paint throughout, numerous skylights, and sliding glass doors to expansive patios. There are 4 bedrooms and a built-in desk center in the main home, a spacious detached studio, plus a 2-stall barn with potential for conversion to an Accessory Dwelling Unit for even more office/living space. The discrete frontage set back from the street provides ample privacy & off-street parking in addition to the already large 4-car attached garage. Top-rated Portola Valley schools, including walking distance to the elementary school. Welcome home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $92,040
Year Built
- 1959
Lot Details
- 1.04 Acre Lot
- Fenced For Horses
- Mostly Level
- Back Yard Fenced
Parking
- 4 Car Garage
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,990 Sq Ft Home
- 1-Story Property
- Skylights
- Mud Room
- Living Room with Fireplace
- Formal Dining Room
- Den
- Wood Flooring
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Ice Maker
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- Bathroom on Main Level
- Dual Sinks
Laundry
- Laundry Room
- Washer and Dryer
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Additional Features
- Horse Property
- 340 SF Accessory Dwelling Unit
- Barn
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2020
Closed on
Nov 30, 2020
Sold by
Waddell Andrew and Waddell Kathleen Lynn
Bought by
Alfaro Joshua and Alfaro Jennifer
Seller's Agent
Erika Demma
Compass
Buyer's Agent
Jennifer Alfaro
Compass
List Price
$4,595,000
Sold Price
$4,296,500
Premium/Discount to List
-$298,500
-6.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,972,158
Avg. Annual Appreciation
11.73%
Original Mortgage
$2,577,900
Outstanding Balance
$2,304,408
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$4,964,250
Purchase Details
Closed on
Apr 11, 2001
Sold by
Dorr Roger and Dorr Kathleen B
Bought by
Waddell Andrew and Waddell Kathleen Lynn
Purchase Details
Closed on
Apr 20, 1995
Sold by
Dorr Roger and Dorr Kathleen
Bought by
Dorr Roger and Dorr Kathleen B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Alfaro Joshua | $4,296,500 | North American Title Co Inc | |
| Waddell Andrew | $2,350,000 | Bridgespan Title Company | |
| Dorr Roger | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Alfaro Joshua | $2,577,900 | |
| Previous Owner | Dorr Roger | $50,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/03/2020 12/03/20 | Sold | $4,296,500 | -6.5% | $1,437 / Sq Ft |
| 10/22/2020 10/22/20 | Pending | -- | -- | -- |
| 08/22/2020 08/22/20 | For Sale | $4,595,000 | -- | $1,537 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $92,040 | $8,312,334 | $3,896,754 | $4,415,580 |
| 2023 | $92,040 | $5,426,440 | $3,745,440 | $1,681,000 |
| 2022 | $50,315 | $4,382,430 | $3,672,000 | $710,430 |
| 2021 | $49,507 | $4,296,500 | $3,600,000 | $696,500 |
| 2020 | $37,950 | $3,237,878 | $1,618,939 | $1,618,939 |
| 2019 | $37,366 | $3,174,392 | $1,587,196 | $1,587,196 |
| 2018 | $35,534 | $3,112,150 | $1,556,075 | $1,556,075 |
| 2017 | $35,066 | $3,051,128 | $1,525,564 | $1,525,564 |
| 2016 | $34,423 | $2,991,302 | $1,495,651 | $1,495,651 |
| 2015 | $34,124 | $2,946,370 | $1,473,185 | $1,473,185 |
| 2014 | $33,224 | $2,888,656 | $1,444,328 | $1,444,328 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Demma
-
Jennifer Alfaro
Buyer's Agent in 2020
Jennifer Alfaro
Compass
(650) 250-4517
14 in this area
65 Total Sales
Map
Source: MLSListings
MLS Number: ML81815904
APN: 077-022-020
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