NOT LISTED FOR SALE

848 Portola Rd Portola Valley, CA 94028

Estimated Value: $4,048,000 - $4,546,000

4 Beds
3 Baths
2,331 Sq Ft
$1,831/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $3,720,000 $1,596 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $27,303/month

Highlights

  • Home Under Construction
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • Ormondale Elementary School Rated A+
  • Combination Dining and Living Room
  • Washer and Dryer

About This Home

As of May 2021

Modern Elegance in a Rustic Setting! Brand new construction by Palo Alto builder Clarum Homes, this is the best of modern living in the most sought-after Portola Valley location. Striking modern lines express a clean, minimal- ist style. Exceptional natural lighting, metal-framed windows, wide-plank European oak hard- wood floors and modern finishes combine to create an ambiance of sophisticated style. This two-story home features four bedrooms, three baths, and a two-car garage plus a private Accessory Dwelling Unit (ADU) with kitchenette and full bath perfect for a rental, your guests, extended family, visiting college student or work-from-home. Behind the scenes, abundant high performance features provide for energy-efficient and eco-friendly living. Adding to the finishing touch is the homes ideal location just steps to the most tranquil setting!, Modern architectural design by CKA ARCHITECTS and Modern interior design by STEPHANIE ZAHARIAS DESIGN.

Last Agent to Sell the Property

Samuel Pilli

Coldwell Banker Realty License #01373723 Listed on: 03/27/2021

Coldwell Banker Realty

Last Buyer's Agent

Perry Wong

Coldwell Banker Realty License #01035802

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,210

Year Built

  • 2021

Lot Details

  • 0.41

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Metal Roof

Interior Spaces

  • 2,331 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Additional Features

  • 0.41 Acre Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,210

Year Built

2021

Lot Details

0

Parking

2

Listing Details

  • Zoning: A-P R-3/U
  • Subclass: Single Family Home
  • Estimated Completion Date: 04/08/2021
  • Listing Class: Residential
  • Structure Sq Ft: 2331
  • Construction: New Construction, Under Construction
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2021

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 2331
  • Stories: 2
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Raised
  • Roof: Metal

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Acres: 0.4110
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17903.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17903.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
Mar 26, 2021
Sold by
Portola Valley Road Llc
Bought by
Ford Michael Douglas and Levine Pamela Beth
Seller's Agent
Samuel Pilli
Coldwell Banker Realty
Buyer's Agent
Perry Wong
Coldwell Banker Realty
List Price
$3,588,000
Sold Price
$3,720,000
Premium/Discount to List
$132,000
3.68%
Current Estimated Value
$4,268,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$548,094
Avg. Annual Appreciation
3.26%
Original Mortgage
$2,604,000
Outstanding Balance
$2,359,874
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,908,220

Purchase Details

Closed on
Jul 5, 2019
Sold by
Sausal Creek Associates Llc
Bought by
Portola Valley Road Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,807,000
Interest Rate
3.9%
Mortgage Type
Commercial
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
Ford Michael Douglas $3,720,000 Old Republic Title
Portola Valley Road Llc $2,200,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford Michael Douglas $2,604,000
Previous Owner Portola Valley Road Llc $2,807,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $3,720,000 +3.7% $1,596 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $3,588,000 -- $1,539 / 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 $47,210 $4,026,646 $1,353,040 $2,673,606
2023 $47,210 $3,870,288 $1,300,500 $2,569,788
2022 $44,508 $3,794,400 $1,275,000 $2,519,400
2021 $37,699 $3,135,396 $1,111,396 $2,024,000
2020 $19,378 $1,590,000 $1,100,000 $490,000
2019 $4,655 $258,497 $258,497 $0
2018 $4,460 $253,429 $253,429 $0
2017 $4,373 $248,460 $248,460 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Samuel Pilli

    Coldwell Banker Realty

    Section Image
  • Perry Wong

    Buyer's Agent in 2021

    Perry Wong

    Coldwell Banker Realty

    (408) 930-9308

    1 in this area

    16 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81836233

MLSListings

APN: 076-261-160

California San Mateo County Portola Valley 94028

848 Portola Rd, Portola Valley, CA

This home is located at 848 Portola Rd, Portola Valley, CA 94028 since 27 March 2021 and is currently estimated at $4,268,094, approximately $1,831 per square foot. This property was built in 2021. 848 Portola Rd is a home located in San Mateo County with nearby schools including Ormondale Elementary School, Corte Madera School, and Woodside High School.

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