3838 Development Ter 1001, Fremont, California 94538, Fremont, 94538 - 2 bed, 3 bath

3838 Development Ter 1001, Fremont, California 94538 home-pic-0
PENDING$1,080,000
3838 Development Ter 1001, Fremont, California 94538
2Beds
3Baths
1,273Sqft
1,273Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
New Construction & Modern Finishes: Built in 2020 and presenting like new, this townhome features upgraded flooring, dual-pane windows, and modern finishes throughout, ensuring low immediate maintenance.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1273, other record lot size in square feet = 8633.

Compared to the nearby listings

Price:$1.08M vs avg $1.04M (+$37,500)57%
Size:1,273 sqft vs avg 1,303 sqft43%
Price/sqft:$848 vs avg $71293%

More Insights

Built in 2020 (5 years old).
Condition: This townhome was built in 2020, making it only 4 years old and well within the 'newly built' criteria for an excellent rating. The description and images confirm modern, high-quality finishes throughout, including a gourmet kitchen with quartz countertops, stainless steel appliances, and soft-close cabinetry, as well as upgraded bathrooms with dual vanities and a walk-in shower. All systems, flooring, and fixtures appear virtually new and meet current quality standards, indicating no deferred maintenance.
Year Built
2020
Close
-
List price
$1.08M
Original List price
$1.08M
Price/Sqft
$848
HOA
$420
Days on market
-
Sold On
-
MLS number
41118245
Home ConditionExcellent
Features
Deck
View-

About this home

Built in 2020 and presenting like new, this upgraded 2-bedroom, 2.5-bath townhome in Fremont’s Innovation community offers modern finishes and outstanding convenience. The bright main living area features large windows, recessed lighting, and an open layout connecting the living, dining, and kitchen spaces. The kitchen includes quartz countertops, a large island, soft-close cabinetry, stainless steel appliances, and designer pendant lights. A private balcony extends the living space. Both bedrooms function as suites, with the primary offering a walk-in closet, accent wall, and an upgraded bath with dual vanities and a walk-in shower. The secondary suite includes its own full bath, ideal for guests or flexible use. Additional highlights include upgraded flooring, dual-pane windows, dual-zone heating and cooling, EV-ready charging in the garage, in-unit laundry, and an attached garage. The home is steps from Innovation’s resort-style amenities, including pools, cabanas, fitness center, clubhouse, fire pits, and outdoor dining areas. Lila Bringhurst Elementary is located approximately 0.1 miles away, adding exceptional neighborhood convenience. Close to Warm Springs BART, Tesla, Pacific Commons, and major commuter routes, this home blends comfort and accessibility.

Price History

Date
Event
Price
06/24/21
Sold
$998,000
Condition Rating
Excellent

This townhome was built in 2020, making it only 4 years old and well within the 'newly built' criteria for an excellent rating. The description and images confirm modern, high-quality finishes throughout, including a gourmet kitchen with quartz countertops, stainless steel appliances, and soft-close cabinetry, as well as upgraded bathrooms with dual vanities and a walk-in shower. All systems, flooring, and fixtures appear virtually new and meet current quality standards, indicating no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Finishes: Built in 2020 and presenting like new, this townhome features upgraded flooring, dual-pane windows, and modern finishes throughout, ensuring low immediate maintenance.
Gourmet Kitchen: The kitchen is equipped with high-end features including quartz countertops, a large island, soft-close cabinetry, stainless steel appliances, and designer pendant lights.
Resort-Style Community Amenities: Residents have access to Innovation’s extensive resort-style amenities, including pools, cabanas, a fitness center, clubhouse, fire pits, and outdoor dining areas.
Prime Commuter Location: Strategically located close to Warm Springs BART, Tesla, Pacific Commons, and major commuter routes, offering exceptional accessibility for work and leisure.
Dual Primary Suites & Smart Home Ready: Both bedrooms function as suites, providing flexibility and privacy, complemented by modern conveniences like dual-zone heating and cooling and EV-ready charging in the garage.

Cons

MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1273, other record lot size in square feet = 8633.
Monthly HOA Dues: A significant association fee of $420.0 per month adds to the overall cost of ownership, which may be a consideration for budget-conscious buyers.
Townhome Structure: As a townhome, the property typically involves shared walls and potentially less privacy compared to a detached single-family residence.
Limited Private Outdoor Space: While featuring a private balcony, the property's structure and lot size suggest minimal private yard space, which may not appeal to buyers seeking extensive outdoor areas.

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