NOT LISTED FOR SALE

489 Fletcher Dr Atherton, CA 94027

West of the Alameda Neighborhood

Estimated Value: $6,864,000 - $15,644,111

6 Beds
7.5 Baths
8,968 Sq Ft
$1,255/Sq Ft Est. Value

Sale Details

Date Sold: September 8, 2017

Last sale price $11,000,000 $1,227 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $72,941 / mo

101 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Outdoor Fireplace
  • Las Lomitas Elementary School Rated A+
  • Marble Flooring
  • Marble Bathroom Countertops

About This Home

As of September 2017

West Atherton estate privately positioned on ~1.24 acres. Grand portico and numerous skylights and French doors fill the home with natural light, and a neutral color palette presents the perfect backdrop for art. Grand sized rooms and a wonderful kitchen/family room. 6 en-suite bedrooms - 2 on main level and 4 on the upper level. Resort-like grounds include a fenced pool and spa with rock waterfall plus an upper level terrace with spa, and a sweeping terrace with fireplace and barbecue center with refrigerator and gas cooktop. Las Lomitas schools and convenient access to both Silicon Valley and San Francisco tech centers, Stanford University and 2 international airports. Detached 3-car garage

Last Agent to Sell the Property

Mary Gullixson

Compass License #70001879 Listed on: 04/17/2017

Compass

Last Buyer's Agent

Mary Gullixson

Compass License #70001879 Listed on: 04/17/2017

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1999

Lot Details

  • 1.24 Acre Lot
  • Lot Sloped Up
  • Sprinklers on Timer

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Electric Gate
  • Off-Street Parking

Home Design

  • Mediterranean Architecture
  • Shingle Roof
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 8,968 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Skylights
  • 3 Fireplaces
  • Gas Fireplace
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Warming Drawer
  • Freezer
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Steam Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security Gate
  • Alarm System

Outdoor Features

  • Private Pool
  • Balcony
  • Outdoor Fireplace
  • Gazebo
  • Barbecue Area

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Multiple Heating Units

Home Details

Home Type

Single Family

Year Built

1999

Lot Details

1.24 Acres

Parking

3

Listing Details

  • Zoning: R-1A
  • Subclass: Single Family Home
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 8968
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Bar, Breakfast Nook, Eat In Kitchen, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Freezer, Oven - Built-In, Oven Range - Gas, Pantry, Refrigerator, Warming Drawer
  • Fireplace: Yes
  • Living Sq Ft: 8968
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Marble
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 3
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Bathroom: Double Sinks, Marble, Shower And Tub, Stall Shower, Steam Shower, Tub, Tub With Jets

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Crawl Space
  • Pool Description: Yes
  • Roof: Concrete, Shingle
  • Yard/Grounds: Balcony / Patio, Bbq Area, Gazebo, Outdoor Fireplace, Sprinklers - Auto
  • Pool: Pool - Fenced, Pool - In Ground

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Detached Garage, Electric Gate, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Units
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Skylight, Vaulted Ceiling, Walk-In Closet, Wet Bar

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Acres: 1.2430
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 54145.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 54145.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2017
Sold by
Cui Xiangmin and Cui Jie Dan
Bought by
489 Fletcher Dr Llc
Current Estimated Value
$11,258,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,150,000
Outstanding Balance
$5,824,524
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$5,429,532

Purchase Details

Listed on
Apr 17, 2017
Closed on
Aug 30, 2017
Sold by
Goguen Michael L
Bought by
Cui Xiangmin and Jie Dan
Seller's Agent
Mary Gullixson
Compass
Buyer's Agent
Mary Gullixson
Compass
List Price
$12,800,000
Sold Price
$11,000,000
Premium/Discount to List
-$1,800,000
-14.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.26%
Original Mortgage
$7,150,000
Interest Rate
3.35%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2008
Sold by
Goguen Michael Lewis
Bought by
Goguen Michael L

Purchase Details

Closed on
Apr 3, 2007
Sold by
Goguen Michael Lewis and Goguen Melinda Rose
Bought by
Goguen Michael Lewis

Purchase Details

Closed on
Apr 30, 2002
Sold by
Goguen Michael Lewis and Goguen Michael L
Bought by
Goguen Michael Lewis and Goguen Melinda Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
6.71%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 21, 1999
Sold by
D K Development & Inv Co Inc
Bought by
Goguen Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
5.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
489 Fletcher Dr Llc $11,000,000 Lawyers Title Co
Cui Xiangmin $11,000,000 Lawyers Title Company
Goguen Michael L -- None Available
Goguen Michael Lewis -- None Available
Goguen Michael Lewis -- Fidelity National Title
Goguen Michael L $7,500,000 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open 489 Fletcher Dr Llc $7,150,000
Previous Owner Cui Xiangmin $7,150,000
Previous Owner Goguen Michael Lewis $3,500,000
Previous Owner Goguen Michael L $4,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2017 09/08/17 Sold $11,000,000 -6.8% $1,227 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
06/16/2017 06/16/17 Price Changed $11,800,000 -7.8% $1,316 / Sq Ft
04/17/2017 04/17/17 For Sale $12,800,000 -- $1,427 / Sq Ft
Source: MLSListings

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 $142,739 $13,049,228 $8,761,284 $4,287,944
2023 $142,739 $12,542,513 $8,421,074 $4,121,439
2022 $136,643 $12,296,583 $8,255,955 $4,040,628
2021 $131,221 $11,757,963 $8,094,074 $3,663,889
2020 $126,199 $11,444,400 $8,011,080 $3,433,320
2019 $130,283 $11,220,000 $7,854,000 $3,366,000
2018 $123,968 $11,000,000 $7,700,000 $3,300,000
2017 $111,984 $10,002,429 $4,966,214 $5,036,215
2016 $111,249 $9,806,305 $4,868,838 $4,937,467
2015 $109,204 $9,659,007 $4,795,704 $4,863,303
2014 $108,455 $9,469,801 $4,701,763 $4,768,038
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Gullixson

    Compass

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Map

Source: MLSListings

MLS Number: ML81647098

MLSListings

APN: 073-202-910

California San Mateo County Atherton 94027 West of the Alameda

489 Fletcher Dr, Atherton, CA

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