NOT LISTED FOR SALE

818 La Mesa Dr Portola Valley, CA 94028

Estimated Value: $3,241,000 - $4,291,000

3 Beds
3 Baths
2,500 Sq Ft
$1,512/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $3,200,000 $1,280 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $23,730/month

8 Days on Market

Highlights

  • Bay View
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Las Lomitas Elementary School Rated A+
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of January 2023

This split-level home embodies mid-century design with its flat planes, geometric lines & large picture windows that integrate the indoors with nature. Light-filled living rm enjoys views of the bay & even SF on a clear day. A cozy fireplace & small deck make this a great space to entertain. Kitchen-dining rm has views to the yard & access to 2 patios. Primary suite is a quiet retreat with fireplace & deck access. Laundry rm with ample storage & full bath. Bonus rm can also serve as guest/4th bdrm. Spacious 3rd bdrm with full bath could be used in multiple ways, home office, gym even as an ADU with its own private entry. Live the California lifestyle in this indoor-outdoor home with several outside spaces for play, dining al fresco, or entertaining while taking in the incredible views. Convenient to the Ladera Rec Center, neighborhood paths & the Ladera Shopper. Only 4.5 miles to Stanford, easy access to Silicon Valley, commute routes & mid-way between SFO & SJC International airports.

Last Agent to Sell the Property

Rebecca Johnson

Intero Real Estate Services License #70000667 Listed on: 11/28/2022

Intero Real Estate Services

Last Buyer's Agent

Mandana Simai

Christie's International Real Estate Sereno License #01437800

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,616

Year Built

  • Built in 1963

Lot Details

  • 0.28 Acre Lot
  • Wood Fence
  • Lot Sloped Up
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard
  • Zoning described as R10010

Property Views

  • Bay
  • Bridge
  • City Lights
  • Garden

Home Design

  • Contemporary Architecture
  • Post and Beam
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Bonus Room
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Formica Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Parking

  • 2 Carport Spaces
  • Workshop in Garage
  • Lighted Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 077-363-160

Community Details

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool

Additional Features

  • Built by Ladera
  • Planned Social Activities

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,616

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 59
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 540
  • Structure Sq Ft: 2500
  • Complex Name: Ladera
  • Year Built: 1963
  • Zoning Description: R10010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Eat in Kitchen, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Garbage Disposal, Ice Maker, Island, Oven - Double, Refrigerator, Skylight
  • Living Sq Ft: 2500
  • Stories: 1
  • Bedrooms: More than One Primary Bedroom, Primary Suite / Retreat
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Concrete, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Storage, Workshop
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Post and Beam
  • Roof: Tar and Gravel
  • View: Bay, Bridge, City Lights, Garden / Greenbelt
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Fencing: Wood

Garage/Parking

  • Garage Parking Features: Carport, Lighted Parking Area, Workshop in Garage
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Amenities: BBQ Area, Community Pool, Organized Activities, Playground, Recreation Room, Tennis Court / Facility

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Sequoia Union High
  • Elementary School: Las Lomitas Elementary
  • Middle School: La Entrada Middle
  • High School: Menlo-Atherton High
  • High School: 658
  • Elementary School: 651
  • Middle School: 648

Lot Info

  • Lot Description: Grade - Mostly Level, Grade - Sloped Up
  • Parcel Number: 077-363-160
  • Lot Acres: 0.2789
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12150.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Las Lomitas Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: La Entrada Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Dec 12, 2022
Sold by
Iverson Family Trust
Bought by
Gholami Behnood and Tavassolian Negar
Seller's Agent
Rebecca Johnson
Intero Real Estate Services
Buyer's Agent
Mandana Simai
Christie's International Real Estate Sereno
List Price
$2,995,000
Sold Price
$3,200,000
Premium/Discount to List
$205,000
6.84%
Views
20
Current Estimated Value
$3,779,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,699
Avg. Annual Appreciation
6.05%
Original Mortgage
$1,600,000
Outstanding Balance
$1,535,976
Interest Rate
4.95%
Mortgage Type
New Conventional
Estimated Equity
$2,196,657

Purchase Details

Closed on
Sep 21, 2009
Sold by
Iveron Shirley M
Bought by
Iverson Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 28, 2004
Sold by
Iverson Shirley M
Bought by
Iverson Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,346
Interest Rate
5.25%
Mortgage Type
Unknown
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
Gholami Behnood $3,200,000 Lawyers Title
Iverson Shirley M -- None Available
Iverson Shirley M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gholami Behnood $1,600,000
Previous Owner Iverson Shirley M $500,000
Previous Owner Iverson Shirley M $187,346
Previous Owner Iverson Shirley M $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $3,200,000 +6.8% $1,280 / Sq Ft
12/07/2022 12/07/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $2,995,000 -- $1,198 / 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 $37,616 $3,329,280 $2,809,080 $520,200
2023 $37,616 $3,200,000 $2,700,000 $500,000
2022 $5,149 $321,082 $63,110 $257,972
2021 $5,068 $314,787 $61,873 $252,914
2020 $4,960 $311,560 $61,239 $250,321
2019 $5,025 $305,452 $60,039 $245,413
2018 $4,803 $299,463 $58,862 $240,601
2017 $4,638 $293,592 $57,708 $235,884
2016 $4,565 $287,836 $56,577 $231,259
2015 $4,371 $283,514 $55,728 $227,786
2014 $4,270 $277,961 $54,637 $223,324
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81913781

MLSListings

APN: 077-363-160