37993 Ponderosa Terrace, Fremont, California 94536, Fremont, 94536 - 3 bed, 3 bath
ACTIVE$1,550,000
37993 Ponderosa Terrace, Fremont, California 94536
3Beds
3Baths
1,412Sqft
3,524Lot
Year Built
1984
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$1,098
HOA
$136
Days on market
-
Sold On
-
MLS number
ML82022182
Home ConditionFair
Features
Patio
View-
About this home
Possibly Over-Priced:The estimated price is 10% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.55M(45th), sqft - 1412(27th), beds - 3(50th), baths - 3(61th).
IT'S ALL ABOUT LOCATION. 1980 BUILT. 2-STORY HOME. PARKMONT AREA - CENTRAL FREMONT. BEST SCHOOLS. NEAR BART, LAKE ELIZABETH & QUARY LAKE. SUPER BRIGHT & UPGRADED. VAULTED CEILING. NEW LUXURY VINYL FLOOR. SPACIOUS LOW MAINTENANCE BACKYARD. 2-CARS ATTACHED GARAGE. LOW HOA $136/MO. WITHIN 5 MINUTES - PARKMONT ELEM. SCHOOL, GROCERY STORES, RESTAURANT, CAFES, FREEWAYS 880, 680, 84, ACE TRAIN STATION. MUST VISIT!!! Some records say this is 1,540 sqft home (vs. 1,412 sqft).
Price History
Date
Event
Price
09/19/25
Listing
$1,550,000
Condition Rating
Fair
The property, built in 1984 (40 years ago), has received recent cosmetic updates including new luxury vinyl flooring and fresh paint throughout the main living areas, making it feel bright and clean. However, the kitchen features older-style wooden cabinets and tile flooring that appear to be from an older renovation (likely 15-20 years ago), rather than a recent extensive update. While it has stone countertops and a newer dishwasher, the overall style is dated. No bathroom images were provided for assessment. The presence of an original brick fireplace also contributes to an older aesthetic. The property is well-maintained and functional, but key areas like the kitchen show signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Exceptional Location: Situated in the highly desirable Parkmont area of Central Fremont, offering unparalleled convenience to BART, Lake Elizabeth, Quarry Lake, and within 5 minutes of top-rated schools, grocery stores, restaurants, and major freeways (880, 680, 84) and ACE Train station.
Top-Rated School District: Located within the prestigious Fremont Unified School District, including Parkmont Elementary, which is a significant draw for families seeking quality education.
Modern Interior Upgrades: The home boasts a 'SUPER BRIGHT' interior, vaulted ceilings, and new luxury vinyl flooring, indicating recent updates that enhance aesthetic appeal and reduce immediate renovation needs for buyers.
Low-Maintenance Outdoor Space: Features a spacious, low-maintenance backyard, appealing to buyers who desire outdoor living without extensive upkeep.
Affordable HOA Fees: A relatively low monthly HOA fee of $136 adds to the property's financial attractiveness and affordability compared to many other managed communities.
Cons
Square Footage Discrepancy: There is conflicting information regarding the property's square footage (1,412 sqft vs. 1,540 sqft), which could create uncertainty for potential buyers regarding the actual living space.
Property Age: Built in the early 1980s (1980/1984), the property's age suggests that some major systems (e.g., HVAC, plumbing, electrical) may be original or nearing the end of their typical lifespan, potentially requiring future investment.
Above Estimated Market Value: The listing price of $1.55M is approximately 8% higher than the estimated market value of $1.42M, which might impact buyer perception of value and could lead to longer market time or negotiation challenges.