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349 Fletcher Drive

349 Fletcher Drive, Atherton, CA 94027
Property in San Mateo
Sold May 31, 2017
$5,575,000
$2,575,000 by Bank Of America Na
Mortgage Due Jun 01, 2047
Sold Aug 24, 2010
$2,450,000
$1,960,000 by Bank Of America Na
Mortgage Due Sep 01, 2040
Local assessors in Atherton, CA have categorized 349 Fletcher Drive as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 42,253 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 349 Fletcher Drive has a total of 2,340 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 390 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 349 Fletcher Drive sold most recently in May 22, 2017 for a total of $5,575,000. If you work out the math, that's approximately a cost of $2,382.48 per sqft. Before that, the property was also sold for $2,450,000 in Aug 19, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $81,577 in taxes each year. 349 Fletcher Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $7,281,490. If we break it down further, the land itself was valued at $5,681,490. Improvements to the property, however, were assessed at a total of $1,600,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 42,253
  • Total Building Area: 2,340
  • Gross Building Area: 2,340
  • Building Area: 2,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ATHERTON HEIGHTS
  • Land Acres: 0.97
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 42 ATHERTON HEIGHTS UNIT NO 2 RSM 29/43 44 TOWN OF ATHERTON

Ownership

  • Current Owner : CHEN DAVID J
  • Current Owner 2: CHEN KATERYNA
  • Previous Owner : ZAHERI MICHAEL
  • Previous Owner 2: ZAHERI SALOUMEH
  • Owner Before Previous Owner: HOKMABADI AHMAD
  • Owner Before Previous Owner 2: HOKMABADI MITRA
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Nov 30, 2023

Neighborhood

  • School District Name: Sequoia Union High School District
  • Census Tract: 611400

Zoning

  • Zoning: R1001A

Geography

  • Assessors Map Reference: 43-A2
  • Parcel: 070-031-010
  • Lot: 42
  • Latitude: 37.4405
  • Longitude: -122.224

    Address

  • Full Address: 349 Fletcher Dr
  • Address - House Number: 349
  • Address - Street Name: Fletcher
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Atherton
  • Carrier Code: C061
  • 4-Digit Zip Code: 6409
  • Zip Code: 94027

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $81,577
  • Tax Rate Code Area: 01-013

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 69
  • Final Value: 5,552,539
  • High Value: 6,778,157
  • Low Value: 4,326,921

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,575,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: May 31, 2017
  • First Open Lien Mortgage Loan Amount: $2,575,000
  • 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: Jun 01, 2047

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $7,281,490
  • Assessed Land Value: $5,681,490
  • Assessed Improvements Value: $1,600,000

    Sales

  • Current Sale Contract Date: May 22, 2017
  • Current Sale Recording Date: May 31, 2017
  • Current Sale Transaction ID: 1732360206
  • Current Sale Price: $5,575,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2017-046505
  • Previous Sale Recording Date: Aug 24, 2010
  • Previous Sale Contract Date: Aug 19, 2010
  • Previous Sale Amount: $2,450,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: May 31, 2017
  • First Mortgage Loan Amount: $2,575,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 24, 2010
  • Previous Mortgage Loan Amount: $1,960,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2040

About Atherton



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 349 Fletcher Drive located in?
The 349 Fletcher Drive is a located in the neighborhood of San Mateo in Atherton, Atherton.
What is the average sales price for listings in 349 Fletcher Drive?
The average sales price for units in 349 Fletcher Drive is $0 currently.

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