3475 Deerwood Terrace 304, Fremont, California 94536, Fremont, 94536 - 2 bed, 1 bath
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Fremont, California 94536
This Turnkey Penthouse Condo is a Strong Value Opportunity, listed at $488,000—positioned well below the $506,191 Fair Market Value by 3%. This valuation gap offers $18,191 in Instant Equity. Featuring an updated kitchen, vaulted ceilings, and a peaceful greenbelt view, the property maintains a Condition Rating of 3. Located in the Fremont Unified School District near American High School, this residence is an ideal choice for first-time buyers or commuter-focused professionals seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3475 Deerwood Terrace 304 Subject | $488,000* List Price | 2 | 1 | 936 | $525 | - |
A 3651 Knollwood Terrace 313 Sold | $460,000 | 2 | 2 | 990 | $465 | 0.2 mi |
B 37306 Spruce Terrace Sold | $532,000 | 2 | 2 | 840 | $633 | 0.1 mi |
C 4619 Rothbury 60 Sold | $599,000 | 2 | 2 | 945 | $634 | 0.9 mi |
D 3416 Deerwood Ter 113 Sold | $480,000 | 2 | 2 | 990 | $485 | 0.0 mi |
E 3507 Buttonwood Ter 203 Sold | $480,000 | 2 | 2 | 990 | $485 | 0.1 mi |
F 4064 Abbey Ter 217 Sold | $494,000 | 2 | 1 | 748 | $660 | 0.6 mi |
G 3530 3530 Oakwood Terrace #102 Sold | $565,000 | 2 | 2 | 1,083 | $522 | 0.1 mi |
H 3467 Pinewood Ter 202 Sold | $515,000 | 2 | 2 | 1,083 | $476 | 0.1 mi |
I 3395 Pinewood Ter 304 Active | $380,000 List Price | 2 | 1 | 936 | $406 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1986, the property is in move-in ready condition with significant recent updates. The kitchen features new countertops and a new faucet with newer appliances, and the interior has been refreshed with laminate and tile flooring throughout. It meets the criteria for a well-maintained, functional residence with 5-15 year renovation elements.
High School: American High School (9/10).
As a top-floor corner unit with vaulted ceilings and only one shared wall, this residence offers superior privacy, abundant natural light, and peaceful greenbelt views compared to standard units.
The property is ideally situated near BART, the ACE Train, and major corridors like Hwy 880 and the Dumbarton Bridge, providing exceptional access for Silicon Valley professionals.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 936.
The $751 monthly association fee is significant and may impact buyer affordability or debt-to-income ratios despite the comprehensive utility coverage included.
With two bedrooms but only one bathroom, the layout may be less desirable for families or roommates compared to more common two-bathroom configurations in this price point.
Welcome home to one of Meadowbrook's most desirable residences! This upgraded top-floor corner penthouse condo is truly move-in ready. Bright and airy with vaulted ceilings and abundant natural light, this home overlooks a peaceful greenbelt and offers exceptional privacy with only one shared wall. The updated kitchen features new countertops, a new faucet, newer refrigerator, gas stove, oven, dishwasher, and microwave. The spacious living room includes a cozy gas fireplace and large windows. Two generous bedrooms, dual-sink bathroom, in-unit washer and dryer, covered balcony with storage, attic storage, linen closet, and oversized walk-in closet provide comfort and convenience. Laminate and tile flooring throughout. Security cameras and keyless entry installed. Furniture negotiable. Enjoy resort-style living in the gated Meadowbrook community with 24-hour security, pools, spas, BBQ area, and HOA coverage for water, hot water, heat, trash, and exterior maintenance. Includes one covered carport and guest parking. Conveniently located near BART, ACE Train, Hwy 880/84, Dumbarton Bridge, Alameda Creek Trail, Quarry Lakes, and major employers. Served by highly rated Fremont schools: American High, Thornton Middle, and Oliveira Elementary.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.6 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 936 | 1,290 |
| Lot Size | - | 60,720 |
| Price | $488.0K | $735.2K |
| Price per sq ft | $521 | $648 |
| Built year | 1986 | 2019 |
| HOA | $751.0 | $548 |
| Days on market | 41 | 54 |
Jun 11, 2026
$488,000
Initial Listing
Aug 11, 2023
$500,000
Public Record
Jul 31, 2013
$325,000
Public Record
Aug 5, 2004
$306,000
Public Record
Oct 11, 2000
$237,000
Public Record