NOT LISTED FOR SALE

650 La Mesa Dr Portola Valley, CA 94028

Estimated Value: $3,302,000 - $4,581,000

4 Beds
2.5 Baths
2,437 Sq Ft
$1,568/Sq Ft Est. Value

Last Sold June 14, 2012

Last sale price $2,000,000 $821 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $22,581/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Recreation Room
  • Las Lomitas Elementary School Rated A+
  • Deck
  • Wood Flooring

About This Home

As of June 2012

LADERA LIVING AT ITS BEST! JUST UP FROM THE BUS STOP, EASY WALK TO LADERA REC. CONNECTION TO WALKING PATHS AND TRAILS IN PORTOLA VALLEY. VIEWS OF THE LOWER WESTERN HILLS. THOROUGHLY MODERN, REMODELED KITCHEN & BATHS. LOTS OF LIGHT. OPEN FLOOR PLAN. GATED, FULLY FENCED YARD. BRAZILIAN HARDWOOD DECK AND FLAT LAWN IN BACKYARD.

Last Agent to Sell the Property

Jennifer Pollock

Coldwell Banker Realty License #01215021 Listed on: 04/27/2012

Coldwell Banker Realty

Last Buyer's Agent

Erika Demma

Coldwell Banker Realty License #01230766

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,785

Year Built

  • Built in 1955

Lot Details

  • Security Fence
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R100

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,437 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Gas Dryer Hookup

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 077-142-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,785

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 57
  • Sale Price Per Sq Ft: 820.68
  • Listing Class: Residential
  • Structure Sq Ft: 2437
  • Incorporated: Yes
  • Map Book Page: 810
  • Map Side Coordinate: 4
  • Map Top Coordinate: D
  • Thomas Bros Page: 810
  • Thomas Brothers: D4
  • Year Built: 1955
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Gas Starter, Yes
  • Dining Room: No Formal Dining Room, Dining "L"
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range - Built-In, 220 Volt Outlet
  • Living Sq Ft: 2437
  • Stories: 1
  • Security: Security Fence
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Gas Hookup
  • Flooring: Slate, Tile, Hardwood
  • Additional Rooms: Rec/Rumpus Room
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Sprinklers - Auto, Deck
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Gate / Door Opener, Off-Street Parking

Utilities

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

Schools

  • School District: Sequoia Union High
  • Elementary School: Las Lomitas Elementary
  • Middle School: La Entrada Middle
  • Elementary School: 651
  • Middle School: 648

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Down
  • Parcel Number: 077-142-050
  • List Price per Sq Ft: 777.60
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9630.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9630.00
  • Lot Size Area Min Search: 9630.00
  • Maximum Lot Size: 9630.00
  • 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: Las Lomitas Elementary
  • Middle School Text: La Entrada Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2012
Closed on
Jun 12, 2012
Sold by
Dasmalchi Arian J and Hobbs Paul
Bought by
Clague Jason and Clague Victoria Anne
Seller's Agent
Jennifer Pollock
Coldwell Banker Realty
Buyer's Agent
Erika Demma
Coldwell Banker Realty
List Price
$1,895,000
Sold Price
$2,000,000
Premium/Discount to List
$105,000
5.54%
Current Estimated Value
$3,821,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,821,501
Avg. Annual Appreciation
4.98%
Original Mortgage
$1,500,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 2005
Sold by
Wang Frances W and Yen Brian
Bought by
Dasmalchi Arian J and Hobbs Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$999,950
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 27, 2003
Sold by
Williams Duncan E and Williams Mercedes M
Bought by
Wang Frances W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 17, 2003
Sold by
Yen Brian
Bought by
Wang Frances W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Clague Jason $2,000,000 First American Title Company
Dasmalchi Arian J $1,555,000 First American Title Co
Wang Frances W $1,401,250 First American Title Company
Wang Frances W -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clague Jason $1,400,000
Closed Clague Jason $1,488,200
Closed Clague Jason $1,500,000
Previous Owner Dasmalchi Arian J $500,000
Previous Owner Dasmalchi Arian J $904,703
Previous Owner Dasmalchi Arian J $100,000
Previous Owner Dasmalchi Arian J $999,950
Previous Owner Yen Brian $649,000
Previous Owner Wang Frances W $650,000
Previous Owner Wang Frances W $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2012 06/14/12 Sold $2,000,000 +5.5% $821 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $1,895,000 -- $778 / 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 $28,785 $2,512,103 $2,009,685 $502,418
2023 $28,785 $2,414,557 $1,931,648 $482,909
2022 $27,538 $2,367,214 $1,893,773 $473,441
2021 $27,105 $2,320,799 $1,856,641 $464,158
2020 $26,505 $2,297,003 $1,837,604 $459,399
2019 $27,283 $2,251,965 $1,801,573 $450,392
2018 $25,977 $2,207,810 $1,766,249 $441,561
2017 $25,102 $2,164,520 $1,731,617 $432,903
2016 $24,900 $2,122,079 $1,697,664 $424,415
2015 $24,412 $2,090,204 $1,672,164 $418,040
2014 $24,186 $2,049,261 $1,639,409 $409,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81215732

MLSListings

APN: 077-142-050