NOT LISTED FOR SALE

987 Westridge Dr Portola Valley, CA 94028

Estimated Value: $6,431,000 - $7,791,511

5 Beds
3.5 Baths
3,900 Sq Ft
$1,787/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $3,060,000 $785 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $43,105/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Deck
  • Family Room with Fireplace
  • Ormondale Elementary School Rated A+
  • Contemporary Architecture
  • Vaulted Ceiling

About This Home

As of March 2014

Spacious, remodeled home on peaceful 3 acre lot in prime Westridge-- the center of Portola Valley. 5 bedrooms/3.5 bathrooms + an office and wine cellar. Formal Living Rm w/fireplace, separate Dining Rm, updated Kitchen opens to large Fam Rm w/fireplace. Hardwood floors; floor to ceiling windows in all main rooms overlook gorgeous treed lot; huge flat lawn; gated property; convenient to trails.

Last Agent to Sell the Property

Liz Daschbach

Coldwell Banker License #00969220 Listed on: 02/24/2014

Coldwell Banker

Last Buyer's Agent

Dean Asborno

Coldwell Banker Realty License #01274816

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $61,653

Year Built

  • Built in 1961

Lot Details

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

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,900 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Utility Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite

Horse Facilities and Amenities

  • Horses Potentially Allowed on Property
  • Riding Trail

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Septic Tank

Additional Features

  • Deck
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 077-090-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$61,653

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 53
  • Sale Price Per Sq Ft: 784.62
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 3900
  • Incorporated: Yes
  • Map Book Page: 810
  • Map Side Coordinate: 5
  • Map Top Coordinate: B
  • Thomas Bros Page: 810
  • Thomas Brothers: B5
  • Year Built: 1961
  • Zoning Description: R100
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room, Kitchen / Family Room Combo
  • Fireplace: Family Room, Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Eat in Kitchen
  • Stories: Bi/ Split Level
  • Kitchen: Dishwasher, Cooktop, Refrigerator, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 3900
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room
  • Flooring: Tile, Hardwood
  • Additional Rooms: Bonus / Hobby Room, Utility Room, Den / Study / Office, Storage
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • Yard/Grounds: Sprinklers - Auto, Deck
  • Horse Property: Possible
  • Horse Property Description: Riding Trails, Pasture

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Septic Tank / Pump

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Sequoia Union High

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Down
  • Parcel Number: 077-090-010
  • List Price per Sq Ft: 768.97
  • Lot Size Area Minimum Units: Acres
  • Minimum Lot Size: 3.00
  • Lot Size Area Maximum Units: Acres
  • Lot Size Area Max Search: 130680.00
  • Lot Size Area Min Search: 130680.00
  • Maximum Lot Size: 3.00
  • Map Book: Thomas Bros

MLS Schools

  • High School District Text: Sequoia Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2014
Closed on
Mar 14, 2014
Sold by
Tevis Family Partnership
Bought by
The Horn Trust
Seller's Agent
Liz Daschbach
Coldwell Banker
Buyer's Agent
Dean Asborno
Coldwell Banker Realty
List Price
$2,999,000
Sold Price
$3,060,000
Premium/Discount to List
$61,000
2.03%
Current Estimated Value
$6,968,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,908,128
Avg. Annual Appreciation
7.47%
Original Mortgage
$2,100,000
Outstanding Balance
$1,599,847
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$5,368,281

Purchase Details

Closed on
Oct 29, 2003
Sold by
Tevis Amanda Mitchell
Bought by
Tevis Michael Lambert

Purchase Details

Closed on
Aug 2, 2003
Sold by
The Tevis Family Partnership
Bought by
Tevis Michael Lambert and Tevis Amanda Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2002
Sold by
Tevis Michael Lambert and Tevis Amanda Mitchell
Bought by
The Tevis Family Partnership

Purchase Details

Closed on
Oct 4, 1999
Sold by
Weaver Harry E Jr & E C Trs
Bought by
Tevis Michael Lambert and Tevis Amanda Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,800
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1999
Sold by
Weaver Harry E Jr & E C Trs
Bought by
Weaver Harry E and Weaver Ellen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,800
Interest Rate
7.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 20, 1999
Sold by
Weaver Harry E Jr & E C Trs
Bought by
Weaver Harry E and Weaver Ellen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,800
Interest Rate
7.62%
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
The Horn Trust $3,060,000 First American Title Company
Tevis Michael Lambert -- Chicago Title Co
Tevis Michael Lambert -- Chicago Title Co
The Tevis Family Partnership -- Chicago Title Insurance Co
Tevis Michael Lambert $1,700,909 North American Title Co
Weaver Harry E -- --
Weaver Harry E -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Trust $1,000,000
Closed Horn David R $1,042,000
Closed Horn David R $1,065,000
Closed Horn David R $500,000
Open Horn David R $2,100,000
Closed The Horn Trust $2,100,000
Previous Owner The Tevis Family Partnership $397,000
Previous Owner The Tevis Family Partnership $500,000
Previous Owner Tevis Michael Lambert $2,100,000
Previous Owner The Tevis Family Partnership $500,000
Previous Owner Tevis Michael Lambert $200,000
Previous Owner Tevis Michael Lambert $0
Previous Owner Tevis Michael Lambert $1,360,800
Previous Owner Weaver Harry E $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $3,060,000 +2.0% $785 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $2,999,000 -- $769 / 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 $61,653 $5,700,695 $2,880,775 $2,819,920
2023 $61,653 $4,468,060 $2,768,912 $1,699,148
2022 $36,871 $3,338,638 $2,714,620 $624,018
2021 $38,501 $3,465,469 $2,661,393 $804,076
2020 $38,375 $3,429,936 $2,634,104 $795,832
2019 $37,965 $3,362,683 $2,582,455 $780,228
2018 $36,093 $3,296,749 $2,531,819 $764,930
2017 $35,669 $3,232,108 $2,482,176 $749,932
2016 $35,044 $3,168,734 $2,433,506 $735,228
2015 $34,806 $3,121,138 $2,396,953 $724,185
2014 -- $2,178,074 $2,131,462 $46,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81405605

MLSListings

APN: 077-090-010