NOT LISTED FOR SALE

50 Valencia Ct Portola Valley, CA 94028

Estimated Value: $5,518,000 - $6,524,343

4 Beds
3 Baths
3,125 Sq Ft
$1,961/Sq Ft Est. Value

Last Sold July 24, 2014

Last sale price $3,300,000 $1,056 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $36,531/month

68 Days on Market

Highlights

  • Art Studio
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Corte Madera School Rated A+
  • Canyon View
  • Open to Family Room

About This Home

As of July 2014

Located in a coveted Central Portola Valley neighborhood, this recently updated home boasts classic mid-century modern appeal on almost 2 acres of secluded, oak-studded land. Circa 1958, the home was once a show house for Sierra Madre Stone, featuring the California quarry’s stone inside and out. Exhibiting the organic architectural style made popular by Frank Lloyd Wright.

Last Agent to Sell the Property

Dean Asborno

Coldwell Banker Realty License #01274816 Listed on: 04/28/2014

Coldwell Banker Realty

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,513

Year Built

  • Built in 1958

Lot Details

  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Property Views

  • Canyon
  • Mountain
  • Valley

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,125 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Art Studio

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Septic Tank
  • Cable TV Available

Additional Features

  • Patio
  • Horses Potentially Allowed on Property

Listing and Financial Details

  • Assessor Parcel Number 079-122-160

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,513

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 56
  • Sale Price Per Sq Ft: 1056.00
  • Listing Class: Residential
  • Structure Sq Ft: 3125
  • Incorporated: Yes
  • Map Book Page: 810
  • Map Side Coordinate: 6
  • Map Top Coordinate: E
  • Thomas Bros Page: 810
  • Thomas Brothers: E6
  • Year Built: 1958
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Ovens - 2+, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 3125
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: 220 Volt Outlet
  • Flooring: Slate, Carpet - Wall to Wall, Vinyl / Linoleum
  • Additional Rooms: Artist Studio
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Mountains, Canyon, Valley
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto
  • Horse Property: Possible
  • Exterior: Wood

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Gas - Natural, Forced Air
  • Sewer/Septic System: Septic Tank / Pump

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 - Level, Grade - Sloped Up
  • Parcel Number: 079-122-160
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 1086.40
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 84071.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 84071.00
  • Lot Size Area Min Search: 84071.00
  • Maximum Lot Size: 84071.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

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

Listed on
Apr 28, 2014
Closed on
Jul 17, 2014
Sold by
Alston Brock C and Alston Alison L
Bought by
The Lynch Family Revocable Trust
Seller's Agent
Dean Asborno
Coldwell Banker Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$3,395,000
Sold Price
$3,300,000
Premium/Discount to List
-$95,000
-2.8%
Current Estimated Value
$6,129,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,829,086
Avg. Annual Appreciation
5.82%
Original Mortgage
$2,145,000
Outstanding Balance
$1,538,460
Interest Rate
2.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,661,568

Purchase Details

Listed on
Mar 30, 2012
Closed on
Apr 12, 2012
Sold by
Lahr Janice Henderson
Bought by
Alston Brock C and Alston Alison L
Seller's Agent
Dean Asborno
Coldwell Banker Realty
Buyer's Agent
Sean Foley
Coldwell Banker
List Price
$2,298,000
Sold Price
$2,325,000
Premium/Discount to List
$27,000
1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%
Original Mortgage
$1,300,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 24, 2005
Sold by
Henderson Julia P
Bought by
Henderson Julia P and Lahr Janice Henderson
Source: Public Records

Range of Values:

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Average Value
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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
The Lynch Family Revocable Trust $3,300,000 First American Title Company
Alston Brock C $2,325,000 First American Title Company
Henderson Julia P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Lynch Family Revocable Trust $2,145,000
Previous Owner Alston Brock C $325,000
Previous Owner Alston Brock C $1,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2014 07/24/14 Sold $3,300,000 -2.8% $1,056 / Sq Ft
07/05/2014 07/05/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $3,395,000 +46.0% $1,086 / Sq Ft
04/26/2012 04/26/12 Sold $2,325,000 +1.2% $852 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
03/30/2012 03/30/12 For Sale $2,298,000 -- $842 / 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 $46,513 $4,283,859 $3,251,001 $1,032,858
2023 $46,513 $4,117,514 $3,124,761 $992,753
2022 $44,547 $4,034,780 $3,063,492 $971,288
2021 $43,824 $3,942,923 $3,003,424 $939,499
2020 $41,849 $3,737,884 $2,972,628 $765,256
2019 $40,188 $3,555,388 $2,914,342 $641,046
2018 $38,206 $3,485,676 $2,857,199 $628,477
2017 $37,759 $3,417,330 $2,801,176 $616,154
2016 $37,099 $3,350,324 $2,746,251 $604,073
2015 $36,847 $3,300,000 $2,705,000 $595,000
2014 $26,955 $2,418,855 $1,787,980 $630,875
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81414138

MLSListings

APN: 079-122-160