37886 Bright Cmn, Fremont, California 94536, Fremont, 94536 - 3 bed, 3 bath
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37886 Bright Cmn
Fremont, California 94536
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,717Sq Ft
2,005Lot Size
Property Price
LIST PRICE$987,000
EST. MARKET VALUE
$979,695
SUMMARY
This Parkmont Villas Townhouse represents a Prime Investment Opportunity, listed at $898,000—positioned well below the $924,864 Fair Market Value by 2%. This valuation gap provides $26,864 in Instant Equity. Featuring a Condition Rating of 4, the home offers a move-in ready experience with a new HVAC system and updated flooring, while allowing for cosmetic personalization. Located near Top-Rated Schools and major transit hubs, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$979,695
Based on Realkey algorithm analyzing recent comparable sales in Fremont.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 37886 Bright Cmn Subject 3 bd · 3 ba · 1,717 sqft · $571 | $987,000* List Price | 3 | 3 | 1,717 | $571 | - |
A 38524 38524 Burdette Cmn Sold 3 bd · 3 ba · 1,430 sqft · $643 · 0.8 mi | $920,000 | 3 | 3 | 1,430 | $643 | 0.8 mi |
B 38030 Dundee Active Under Contract 3 bd · 2 ba · 1,168 sqft · $607 · 0.3 mi | $708,888 List Price | 3 | 2 | 1,168 | $607 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1977, the property is well-maintained and move-in ready with a new HVAC system and new flooring/carpeting. However, the kitchen and bathrooms remain dated with older cabinetry and floral wallpaper, fitting the criteria for a property over 20 years old needing cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- Top-Rated School District
The property is ideally located near Fremont's highly-ranked schools, including Parkmont Elementary, Centerville Middle, and Washington High, providing significant long-term value for families.
- Strategic Commuter Location
Proximity to BART, the Centerville ACE train station, and major freeways offers exceptional connectivity for Silicon Valley and Bay Area commuters.
- Recent Interior Upgrades
The home features new flooring in the kitchen and bathrooms, updated bedroom carpeting, and a new forced air heating system, offering a move-in ready experience with reduced immediate maintenance.
CONSRISKS & DEFICIENCIES
- Monthly HOA Expenses
The $465 monthly association fee adds a substantial recurring cost to the ownership budget compared to single-family homes without such fees.
- Lack of Central Cooling
While a new heating system is installed, the listing does not mention a central air conditioning system, which may be a drawback during the warmer summer months in Fremont.
About 37886 Bright Cmn
Property appraised for $1,150,000 on July 1st, 2026. The home features new LVP flooring in the kitchen, family room, laundry room and all three bathrooms, new carpeting in the bedrooms and on the stairs, new forced air heating system, and all new toilets. This Parkmont Villas townhome is located in the heart of Fremont close to all 3 top rated schools Parkmont Elementary, Centerville Middle and Washington High School. This charming home with partial hill views offers 3 bedrooms, 2.5 bathrooms, and a 2-car attached garage with a spacious driveway. The modern floorplan with vaulted ceilings offers a cozy living room with beautiful real hardwood oak parquet flooring, fireplace and sliding glass door to the backyard patio. A separate family room is open to the kitchen. The community offers plenty of guest parking spaces. This property is close to Fremont Downtown, shops, parks, and restaurants. Within minutes to BART & Centerville ACE train station, as well as easy connectivity to major freeways.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1977
- Lot Size
- 2,005 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $465.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.9 |
| Baths | 3.0 | 2.5 |
| Square foot | 1,717 | 1,358.903 |
| Lot Size | 2,005 | 3,705.629 |
| Price | $987.0K | $952.8K |
| Price per sq ft | $575 | $677 |
| Built year | 1977 | 1986 |
| HOA | $465.0 | $384 |
| Days on market | 71 | 59 |
Pricing History
Listed for Sale
Sep 12, 2026
$987,000
$898,000
+10% Price Increase
Initial Listing
Price Change
Aug 14, 2026
$898,000
Initial Listing