M
Seller's Agent in 2017
Marcus Grogans
Compass
8 Arastradero Rd Portola Valley, CA 94028
Estimated Value: $5,602,000 - $7,560,000
3
Beds
2.5
Baths
2,858
Sq Ft
$2,278/Sq Ft
Est. Value
Highlights
- Horse Property
- Heated In Ground Pool
- Primary Bedroom Suite
- Lucille M. Nixon Elementary School Rated A+
- Bay View
- Secluded Lot
About This Home
As of September 2017Gated 2.7 usable acres atop a private hill with panoramic views of western hills. 50's ranch with remodeled kitchen/family room and bath. Floor to ceiling windows and doors bring the outdoors in. 40' heated pool. Drought resistant landscaping, mature rose gardens, apple, apricot, fig and pear trees and heritage oaks. Fenced and zoned for 3 horses, with existing hay barn and run-in. 8 KW ground installed south-west facing solar system in horse pasture. Partially surrounded by the 600+ acre Arastradero Open Space with 10.25 miles of hiking, horse, and bike paths. Separate studio with full bath and steam room currently used for storage. Excellent Palo Alto schools! Open House Info: Saturday 8/19 and Sunday 8/20 1-4pm
Last Agent to Sell the Property
Marcus Grogans
Compass License #01993031 Listed on: 07/11/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $68,881
Year Built
- Built in 1948
Lot Details
- 2.75 Acre Lot
- Northwest Facing Home
- Gated Home
- Property is Fully Fenced
- Chain Link Fence
- Fenced For Horses
- Secluded Lot
- Paved or Partially Paved Lot
- Gentle Sloping Lot
- Sprinklers on Timer
- Mostly Level
- Drought Tolerant Landscaping
- Back Yard
- Zoning described as HS
Parking
- 2 Car Attached Garage
- Workshop in Garage
- Garage Door Opener
- Electric Gate
- Uncovered Parking
Property Views
- Bay
- Bridge
- City Lights
- Ridge
- Orchard Views
- Mountain
- Hills
- Forest
Home Design
- Slab Foundation
- Wood Frame Construction
- Ceiling Insulation
- Wood Shingle Roof
Interior Spaces
- 2,858 Sq Ft Home
- 1-Story Property
- High Ceiling
- Whole House Fan
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Formal Entry
- Great Room
- Living Room with Fireplace
- Family or Dining Combination
- Workshop
- Storage Room
- Utility Room
Kitchen
- Open to Family Room
- Double Oven
- Electric Oven
- Gas Cooktop
- Range Hood
- Microwave
- Ice Maker
- Dishwasher
- ENERGY STAR Qualified Appliances
- Marble Countertops
- Disposal
Flooring
- Wood
- Carpet
- Radiant Floor
- Stone
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- Bathroom on Main Level
- Stone Countertops In Bathroom
- Low Flow Toliet
- Soaking Tub in Primary Bathroom
- Bathtub with Shower
- Oversized Bathtub in Primary Bathroom
- Walk-in Shower
- Low Flow Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Eco-Friendly Details
- Energy-Efficient Insulation
- Solar owned by seller
- Solar Heating System
Pool
- Heated In Ground Pool
- Gunite Pool
- Fence Around Pool
- Pool has a Solar Cover
- Pool Sweep
Outdoor Features
- Horse Property
- Balcony
- Fire Pit
- Shed
- Barbecue Area
Farming
- Pasture
- Farm Animals Allowed
Horse Facilities and Amenities
- Hay Storage
- Riding Trail
Utilities
- Forced Air Zoned Heating and Cooling System
- Vented Exhaust Fan
- Radiant Heating System
- Separate Meters
- 220 Volts
- Individual Gas Meter
- Septic Tank
- Satellite Dish
Listing and Financial Details
- Assessor Parcel Number 182-34-060
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2017
Closed on
Sep 8, 2017
Sold by
Spencer Jamie Dee and Patton Jamie S
Bought by
Hine Roger George
Seller's Agent
Marcus Grogans
Compass
Buyer's Agent
Mia Banks
Coldwell Banker Realty
List Price
$5,500,000
Sold Price
$5,200,000
Premium/Discount to List
-$300,000
-5.45%
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
$1,310,368
Avg. Annual Appreciation
2.87%
Purchase Details
Closed on
Apr 10, 2007
Sold by
Patton John S
Bought by
Dee Spencer Jamie and Patton Jamie S
Purchase Details
Closed on
Dec 24, 1997
Sold by
Armstrong Barbara Annamarie Dorothea
Bought by
Hay Edie John Edward
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 23, 1997
Sold by
Knapp Joseph B and Edie Iris Hay
Bought by
Patton John and Patton Jamie S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 14, 1993
Sold by
Wheeler Ingrid
Bought by
Wheeler William W and Wheeler Ingrid J
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hine Roger George | $5,200,000 | Old Republic Title Company | |
| Dee Spencer Jamie | -- | None Available | |
| Hay Edie John Edward | -- | North American Title Co | |
| Patton John | $1,850,000 | North American Title Co | |
| Wheeler William W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Patton John | $809,000 | |
| Previous Owner | Patton John | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/13/2017 09/13/17 | Sold | $5,200,000 | -5.5% | $1,819 / Sq Ft |
| 08/15/2017 08/15/17 | Pending | -- | -- | -- |
| 07/11/2017 07/11/17 | For Sale | $5,500,000 | -- | $1,924 / 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 | $68,881 | $5,916,708 | $5,746,037 | $170,671 |
| 2024 | $68,881 | $5,800,695 | $5,633,370 | $167,325 |
| 2023 | $67,850 | $5,686,957 | $5,522,912 | $164,045 |
| 2022 | $67,076 | $5,575,449 | $5,414,620 | $160,829 |
| 2021 | $65,697 | $5,466,127 | $5,308,451 | $157,676 |
| 2020 | $64,299 | $5,410,080 | $5,254,020 | $156,060 |
| 2019 | $63,545 | $5,304,000 | $5,151,000 | $153,000 |
| 2018 | $61,749 | $5,200,000 | $5,050,000 | $150,000 |
| 2017 | $29,772 | $2,468,267 | $2,226,063 | $242,204 |
| 2016 | $28,964 | $2,419,870 | $2,182,415 | $237,455 |
| 2015 | $28,639 | $2,383,523 | $2,149,634 | $233,889 |
| 2014 | $28,046 | $2,336,834 | $2,107,526 | $229,308 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Seller's Agent in 2017
Maggie Miranda
PACIFIC SOUTHWEST ASSOCIATION OF REALTOR
-
Robert Silvino
Seller Co-Listing Agent in 2017
Robert Silvino
CA-RES
(619) 742-4485
3 Total Sales
-
Mia Banks
Buyer's Agent in 2017
Mia Banks
Coldwell Banker Realty
(650) 851-1961
18 Total Sales
Map
Source: MLSListings
MLS Number: ML81669434
APN: 182-34-060
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