38623 Cherry Lane 123, Fremont, California 94536, Fremont, 94536 - 2 bed, 2 bath
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Fremont, California 94536
This Turnkey Townhouse is a Strong Value Opportunity, listed at $599,000—positioned well below the $655,035 Fair Market Value by 8%. This valuation gap offers $56,035 in Instant Equity for the buyer. With an Excellent Condition Rating, the home features a remodeled kitchen, new copper plumbing, and a newer roof. Residents enjoy Mission Hills views, a community pool, and proximity to BART. This move-in ready property is an ideal acquisition for first-time buyers or Owner-Occupants seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38623 Cherry Lane 123 Subject | $549,999* List Price | 2 | 2 | 938 | $639 | - |
A 38646 Aurora Ter Sold | $590,000 | 2 | 2 | 1,123 | $525 | 0.5 mi |
B 38737 Aurora Terrace 19 Active | $669,999 List Price | 2 | 2 | 1,120 | $598 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1974, the property has undergone a comprehensive recent renovation (<5 years) including a fully remodeled kitchen and bathrooms with modern finishes. Major systems are updated with new copper plumbing (3 years old) and a relatively new roof (8 years old), making it move-in ready with no deferred maintenance.
The property features a remodeled kitchen and bathrooms, fresh paint, and critical infrastructure updates including new copper plumbing and a newer roof, ensuring move-in readiness.
Ideally situated just five minutes from the Fremont BART station and major medical hubs like Kaiser Permanente, offering exceptional convenience for working professionals.
The east-facing orientation provides abundant morning sunlight, complemented by stunning views of the Mission Hills and lush community greenbelts.
The association fee of $582 per month is a significant recurring expense that may impact the overall affordability and budget for some buyers.
With only 938 square feet of living area, the home may feel restrictive for growing families or those requiring a dedicated home office space.
***Price Reduced by ~50K**** Charming Upgraded Townhome with Stunning Mountain Views Perfectly designed for a small-to-medium-sized family, this beautifully remodeled 2-bedroom, 1.5-bathroom home offers the ideal blend of modern upgrades and vibrant community living. Home Features & Upgrades East-facing orientation bathes the home in morning sun and evening light. Features fresh paint and new dimmable lighting. Modern Touches: Brand-new door handles and hardware throughout. Updated kitchen with premium materials and a brand-new refrigerator, plus beautifully upgraded bathrooms. Peace of Mind & Convenience Major upgrades are complete, including an 8-year-old roof and new copper plumbing installed 3 years ago. Parking: A dedicated carport is located right in front of the unit, with plenty of guest parking steps away. Community & Location Nestled in a desirable, kid-friendly neighborhood with lush green walkways and views of the Mission Hills. Amenities: Access to a swimming pool, hot tub, and clubhouse. Proximity: Just 5 minutes from the Fremont BART station, Kaiser Permanente, and Washington Hospital. Recreation: Bike-friendly area with easy access to Lake Elizabeth's scenic walks, playgrounds, and sports fields. NOTE: Some of the photos are virtually staged
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 938 | 1,440 |
| Lot Size | - | 8,961 |
| Price | $550.0K | $978.6K |
| Price per sq ft | $586 | $692 |
| Built year | 1974 | 1980 |
| HOA | $582.0 | $375 |
| Days on market | 35 | 45 |
Jul 18, 2026
$549,999
$559,999
-2% Price Drop
Initial Listing
Jul 2, 2026
$559,999
$599,000
-7% Price Drop
Initial Listing
Jun 17, 2026
$599,000
Initial Listing
Oct 13, 2005
$100,000
Public Record
Apr 27, 2000
$210,000
Public Record
Aug 25, 1998
$23,000
Public Record