NOT LISTED FOR SALE

661 La Mesa Dr Portola Valley, CA 94028

Estimated Value: $4,041,000 - $4,497,000

4 Beds
3 Baths
2,420 Sq Ft
$1,732/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $2,800,000 $1,157 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $25,963/month

2 Days on Market

Highlights

  • Skyline View
  • Radiant Floor
  • Beamed Ceilings
  • Las Lomitas Elementary School Rated A+
  • High Ceiling
  • Skylights

About This Home

As of June 2015

Stylishly remodeled Mid-Century Modern 4 bd (potential 5 bd), 3 ba & 2,420 sq ft of open, bright living space w extra 265 sq ft of storage. Chef kitchen w ss appliances, quartz counters & hrdwd floors. Upstairs level perfect for au pair/guest w bd rm, full bth & deck from which to enjoy lovely hill views. Flat, private, fenced bk yd w patio & drought tolerant plants perfect for entertaining! Ladera Rec, local shops, hiking/biking trails, Stanford & 280 all within minutes. Acclaimed Los Lomitas schools!

Last Agent to Sell the Property

Jessica Pressman

Miller/Steil Properties License #01469253 Listed on: 05/04/2015

Last Buyer's Agent

Billy McNair

Coldwell Banker Realty License #01343603

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,081

Year Built

  • Built in 1955

Lot Details

  • 9,148 Sq Ft Lot
  • Wood Fence
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard Fenced
  • Zoning described as R10010

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Foam Roof

Interior Spaces

  • 2,420 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Whole House Fan
  • Skylights
  • Wood Burning Fireplace
  • Dining Room
  • Skyline Views

Kitchen

  • Breakfast Bar
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Dual Flush Toilets
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Outside Bathroom Access
  • Barbecue Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 077-114-140

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,081

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 60
  • Listing Class: Residential
  • Structure Sq Ft: 2420
  • Year Built: 1955
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, No Formal Dining Room
  • Kitchen: Countertop - Other, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Island, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 2420
  • Laundry: Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Dual Flush Toilet, Outside Access, Shower and Tub, Skylight, Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Foam
  • Yard/Grounds: Back Yard, BBQ Area, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood

Garage/Parking

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

Utilities

  • Cooling System: Whole House / Attic Fan, Window / Wall Unit
  • Heating System: Central Forced Air, Electric, Fireplace, Radiant Floors
  • Sewer/Septic System: Community Sewer / Septic

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Skylight, Wet Bar

Schools

  • School District: Sequoia Union High

Lot Info

  • Parcel Number: 077-114-140
  • Lot Acres: 0.2100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9130.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9130.00

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
May 4, 2015
Closed on
May 26, 2015
Sold by
Pressman Jason
Bought by
Krna Matthew Reid and Krna Catherine D
Seller's Agent
Jessica Pressman
Miller/Steil Properties
Buyer's Agent
Billy McNair
Coldwell Banker Realty
List Price
$2,495,000
Sold Price
$2,800,000
Premium/Discount to List
$305,000
12.22%
Current Estimated Value
$4,190,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,390,809
Avg. Annual Appreciation
4.04%
Original Mortgage
$2,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2010
Sold by
Pressman Jason M
Bought by
Pressman Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$904,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2008
Sold by
Pressman Jason
Bought by
Pressman Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 10, 2008
Sold by
Pressman Jason M and Pressman Theresa S
Bought by
Pressman Jason M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 23, 2006
Sold by
Pressman Jason M and Pressman Schreiber
Bought by
Pressman Jason and Pressman Theresa

Purchase Details

Closed on
Jun 17, 2005
Sold by
Gardiner Kenneth Wayne and Gardiner Ethelind R Giles
Bought by
Pressman Jason M and Pressman Theresa Schreiber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$906,400
Interest Rate
5.37%
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
Krna Matthew Reid $2,800,000 Chicago Title Company
Pressman Jason -- Chicago Title Company
Pressman Jason M -- Chicago Title Company
Pressman Jason -- None Available
Pressman Jason M -- None Available
Pressman Jason M -- None Available
Pressman Jason -- None Available
Pressman Jason M $1,133,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krna Matthew Reid $2,000,000
Closed Krna Matthew Reid $2,000,000
Previous Owner Pressman Jason $0
Previous Owner Pressman Jason M $0
Previous Owner Pressman Jason $890,000
Previous Owner Pressman Jason M $904,000
Previous Owner Pressman Jason M $180,000
Previous Owner Pressman Jason M $100,000
Previous Owner Pressman Jason M $906,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $2,800,000 +12.2% $1,157 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $2,495,000 -- $1,031 / 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 $38,081 $3,365,170 $2,842,372 $522,798
2023 $38,081 $3,234,499 $2,732,000 $502,499
2022 $36,442 $3,171,079 $2,678,432 $492,647
2021 $35,870 $3,108,902 $2,625,914 $482,988
2020 $35,076 $3,077,025 $2,598,989 $478,036
2019 $36,139 $3,016,692 $2,548,029 $468,663
2018 $34,404 $2,957,542 $2,498,068 $459,474
2017 $33,249 $2,899,552 $2,449,087 $450,465
2016 $32,998 $2,842,699 $2,401,066 $441,633
2015 $16,240 $1,346,532 $1,276,947 $69,585
2014 $16,067 $1,320,156 $1,251,934 $68,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81463233

MLSListings

APN: 077-114-140