33911 Mello Way, Fremont, California 94555, Fremont, 94555 - 3 bed, 2 bath

33911 Mello Way, Fremont, California 94555 home-pic-0
ACTIVE$1,900,000
33911 Mello Way, Fremont, California 94555
3Beds
2Baths
1,300Sqft
7,897Lot

Price Vs. Estimate

The estimated value ($1,790,890.77) is $109,109.23 (5%) lower than the list price ($1,900,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated on a quiet, tree-lined street in a highly desirable Fremont neighborhood, offering convenient access to top-rated schools, shopping, and major freeways for commuters.
Top Cons:
Listed Above Estimated Value: The current listing price is approximately 5% above the property's estimated market value, potentially impacting buyer perception or negotiation room.

Compared to the nearby listings

Price:$1.90M vs avg $1.70M (+$200,000)71%
Size:1,300 sqft vs avg 1,626.5 sqft8%
Price/sqft:$1.5K vs avg $1.0K96%

More Insights

Built in 1977 (48 years old).
Condition: Built in 1977, this property has been well-maintained and features a significantly updated kitchen with stainless steel appliances, granite-style countertops, and expansive tile flooring, likely renovated within the last 10-15 years. The addition of SolarCity solar panels is a modern upgrade. While some elements like the living room's fireplace surround and light fixture appear dated, the overall condition is move-in ready with no immediate major renovations required, aligning with a 'Good' rating. The absence of bathroom images prevents a full assessment of those areas, but the visible parts of the home show good upkeep.
Year Built
1977
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$1,462
HOA
-
Days on market
-
Sold On
-
MLS number
ML82024150
Home ConditionGood
Features
Pool
Patio
View-

About this home

Welcome to 33911 Mello Way a beautifully maintained single-story home on a quiet, tree-lined street in one of Fremonts most desirable neighborhoods. This inviting residence features a spacious open layout, vaulted ceilings in the living room, and a large updated kitchen with stainless appliances, and expansive tile flooring. The backyard is an entertainers dream with a sparkling swimming pool, patio seating, and mature fruit trees creating a private oasis. Enjoy energy efficiency with SolarCity solar panels and a two-car garage. Conveniently located near top-rated schools, shopping, and easy freeway access for commuters. Currently leased, this property is a turnkey investment opportunityperfect for 1031 exchange clients or investors seeking consistent rental income in a prime East Bay location.

Nearby schools

7/10
Warwick Elementary School
Public,K-60.7mi
7/10
Patterson Elementary School
Public,K-61.6mi
7/10
Thornton Junior High School
Public,7-82.3mi
9/10
American High School
Public,9-121.9mi
Condition Rating
Good

Built in 1977, this property has been well-maintained and features a significantly updated kitchen with stainless steel appliances, granite-style countertops, and expansive tile flooring, likely renovated within the last 10-15 years. The addition of SolarCity solar panels is a modern upgrade. While some elements like the living room's fireplace surround and light fixture appear dated, the overall condition is move-in ready with no immediate major renovations required, aligning with a 'Good' rating. The absence of bathroom images prevents a full assessment of those areas, but the visible parts of the home show good upkeep.
Pros & Cons

Pros

Prime Location & Accessibility: Situated on a quiet, tree-lined street in a highly desirable Fremont neighborhood, offering convenient access to top-rated schools, shopping, and major freeways for commuters.
Turnkey Investment Opportunity: Currently leased, presenting a ready-to-go investment for 1031 exchange clients or investors seeking consistent rental income in a prime East Bay location.
Updated Interior & Open Layout: Features a beautifully maintained single-story design with a spacious open layout, vaulted ceilings in the living room, and a large updated kitchen with stainless steel appliances.
Resort-Style Backyard: An entertainer's dream backyard complete with a sparkling swimming pool, ample patio seating, and mature fruit trees, creating a private oasis.
Energy Efficient Features: Equipped with SolarCity solar panels, contributing to lower energy costs and environmental sustainability.

Cons

Listed Above Estimated Value: The current listing price is approximately 5% above the property's estimated market value, potentially impacting buyer perception or negotiation room.
Older Construction Year: Built in 1977, the property's age, despite updates, may suggest potential for older infrastructure (e.g., plumbing, electrical, HVAC) that could require future attention or may not meet the latest efficiency standards.
Modest Square Footage: At 1300 sqft, the interior living space might be considered modest for some buyers, especially given the high price point in the Fremont market.

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