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$2,995,000

Beds
3
Baths
2.0
sq ft
2,050

143 Lake Rd, Portola Valley, CA 94028

143 Lake Rd

Portola Valley, CA 94028

  • 69 days on market
    • Price drop $400,000↓
Serene bay views welcome you to this single-level, 3 bedroom, office/bonus room, 2 bath private retreat in Portola Valley's best kept secret, Los Trancos Woods. Set among mature oaks, enjoy sweeping bay views of three bridges, San Francisco, Stanford University, and the East Bay. The secluded property is on a cul-de-sac just steps across the road from a small lake and acres of open space with walking trails. Live in a private world apart, yet minutes from Stanford, 280, Menlo Park, Palo Alto and all Silicon Valley has to offer. The open floor plan with smaller bedrooms was modeled after a Usonian design of Frank Lloyd Wright. The remodeled home now includes an updated kitchen with marble counters, a larger master bedroom / bathroom and another large room that can function as a dining room / living room next to a tranquil Zen garden outside. Vaulted ceilings, floor-to-ceiling windows, and multiple skylights capture abundant natural light. In the master bath, relax in the jetted tub while gazing at heritage oaks. Custom features integrate the stunning views into the living spaces. The expansive deck, spanning the length of the house, is ideal for entertaining or viewing nighttime city lights around the Bay.

Details

Property type

Single Family Residence

Est. home value

$2,324,768

Lot size

0.2868 acres

Price per sq ft

$1,461

Year built

1952

HOA

No

Price History

09/30/2024
BridgeMLS

BridgeMLS #ML81980417

Price change
$2,995,000
-14.31%
09/14/2024
SanDiego

SanDiego #240012941

Removed
$3,495,000
+2.95%
09/14/2024
BridgeMLS

BridgeMLS #ML81980417

Listed
$3,395,000
-2.86%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Black Jackal Capital Inc

Loan start date

October 2023

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

7.23%

Loan type

Commercial

Seller

Edys Quellmalz and The Edys Quellmalz Living Trust

Lender

Rocket Mortgage Llc

Loan start date

August 2022

Original loan amount

$1,485,000

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

New Conventional, 30 year

Seller

Edys Quellmalz and Edys Quellmalz Living Trust

Lender

American Pacific Mortgage

Loan start date

July 2016

Original loan amount

$541,500

Est. remaining balance

$444,783

Interest rate

3.66%

Loan type

New Conventional, 30 year

Seller

Edys Quellmalz and Edys Quellmalz Living Trust

Lender

Great Western Bank

Loan start date

October 1996

Original loan amount

$495,000

Est. remaining balance

Not provided

Interest rate

7.93%

Loan type

Not Provided

Seller

Edys Slatery Quellmalz

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 4:00 AM

Listing updated: 11/11/2024 at 4:30 AM

Listed by: Kevin Quellmalz, Coldwell Banker Realty Phone #: (415) 699-0834

MLS: BridgeMLS #ML81980417

BridgeMLS logo

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