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50 Iroquois Terrace

50 Iroquois Terrace, Portola Valley, CA 94028
Sold Nov 16, 2020
$5,250,000
$3,937,500 by Citibank Na
Mortgage Due Dec 01, 2050
Sold Aug 19, 2005
$3,150,000
50 Iroquois Terrace has been categorized by the local assessors in Portola Valley, CA as a residential type of property. The building on the property was first built in 1964 and is 60 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 50 Iroquois Terrace has 4,156 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 67,518 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 1,141 sqft. According to our sources, there are a total of 4 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. The property was last sold in Oct 12, 2020 for $5,250,000. That's $1,263.23 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 2005 for $3,150,000. 50 Iroquois Terrace was last assessed in 2022. The total value of the property was assessed at $5,355,000. Specifically, the land the property is located on was valued at $3,672,000. While improvements on the property were assessed at a total of $1,683,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $58,958. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,141
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 67,518
  • Total Building Area: 4,156
  • Gross Building Area: 4,156
  • Building Area: 4,156
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,156
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MIRAMONTES PART
  • Land Acres: 1.55
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1.55 AC MOL ON IROQUOIS TRAIL LYING NWLY OF & ADJ TO LOT 5 MIRAMONTES PART PORTOLA VALLEY SCH DIST

Ownership

  • Current Owner : JEEVARATHNAM BRIJESH
  • Current Owner 2: ANAND AARTHI
  • Previous Owner : LARSON ROBERT E
  • Previous Owner 2: LARSON CORINNE H
  • Owner Before Previous Owner: AGRESTI JACK J
  • Owner Before Previous Owner 2: AGRESTI COLETTE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 613200

Zoning

  • Zoning: R1001A

Geography

  • Assessors Map Reference: 50-A3
  • Parcel: 077-240-210
  • Lot: 5
  • Latitude: 37.38
  • Longitude: -122.216

    Address

  • Full Address: 50 Iroquois Trl
  • Address - House Number: 50
  • Address - Street Name: Iroquois
  • Address - Suffix Type: Trl
  • State: CA
  • City Name: Portola Valley
  • Carrier Code: C045
  • 4-Digit Zip Code: 7607
  • Zip Code: 94028

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $58,958
  • Tax Rate Code Area: 19-006

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 70
  • Final Value: 5,871,887
  • High Value: 7,135,347
  • Low Value: 4,608,426

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $3,937,500
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Nov 16, 2020
  • First Open Lien Mortgage Loan Amount: $3,937,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $5,355,000
  • Assessed Land Value: $3,672,000
  • Assessed Improvements Value: $1,683,000

    Sales

  • Current Sale Contract Date: Oct 12, 2020
  • Current Sale Recording Date: Nov 16, 2020
  • Current Sale Transaction ID: 11805248626
  • Current Sale Price: $5,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-129058
  • Previous Sale Recording Date: Aug 19, 2005
  • Previous Sale Contract Date: Aug 15, 2005
  • Previous Sale Amount: $3,150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Nov 16, 2020
  • First Mortgage Loan Amount: $3,937,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Central Portola Valley



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Frequently Asked Questions

What neighborhood is 50 Iroquois Terrace located in?
The 50 Iroquois Terrace is a located in the neighborhood of Central Portola Valley in Central Portola Valley, Portola Valley.
What is the average sales price for listings in 50 Iroquois Terrace?
The average sales price for units in 50 Iroquois Terrace is $0 currently.

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