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38623 Cherry Lane 201, Fremont, California 94536, Fremont, 94536 - 2 bed, 1 bath

38623 Cherry Lane 201, Fremont, California 94536 home-pic-0
ACTIVE$550,000
38623 Cherry Lane 201, Fremont, California 94536
2Beds
1Bath
789Sqft
Lot
Year Built
1974
Close
-
List price
$550K
Original List price
$599K
Price/Sqft
$697
HOA
$588
Days on market
-
Sold On
-
MLS number
ML82020087
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $550.0K(56th), sqft - 789(20th), beds - 2(50th), baths - 1(32th).

This charming 2 bedroom, 1 bathroom condo offers 789 sq. ft. of comfortable living in a peaceful and well-maintained neighborhood and just 5 minutes by car or 20 minutes on foot to Fremont BART Station and Central Park. The home features upgraded wood floors and a spacious living area that flows seamlessly throughout. Both bedrooms offer closets for ample storage, while an in-unit washer and dryer add everyday convenience. The bathroom includes a bathtub, providing a relaxing retreat. A large private patio with extra storage creates the perfect space to unwind or entertain outdoors. Additional highlights include an assigned carport with free guest parking and access to the community heated pool. This move-in ready condo is a fantastic opportunity to own a home with excellent amenities in one of Fremonts most convenient locations.

Price History

Date
Event
Price
10/24/25
Price Change
$550,000-3.3%
09/16/25
Price Change
$569,000-5.0%
09/03/25
Listing
$599,000
Condition Rating
Fair
Built in 1974, the property is clean and described as 'move-in ready' with upgraded wood floors. However, the kitchen features older wood cabinets, dated granite countertops, and a mosaic backsplash, along with older black appliances. The bathroom also shows an older vanity, fixtures, and tile. Other elements like the popcorn ceiling, older light fixtures, and window AC unit indicate that while functional and maintained, the property has not undergone a significant modern renovation in the last 15-20 years and requires minor updates to bring it to current aesthetic standards.
Pros & Cons

Pros

Prime Location & Accessibility: Strategically located just 5 minutes by car or 20 minutes on foot to Fremont BART Station and Central Park, offering excellent convenience for commuters and access to local amenities.
Community Amenities: Residents benefit from access to a community heated pool and assigned carport with free guest parking, enhancing lifestyle and convenience.
In-Unit Conveniences & Private Outdoor Space: The condo features an in-unit washer and dryer for everyday convenience and a large private patio with extra storage, ideal for relaxation and entertaining.
Move-in Ready Condition: Described as 'move-in ready' with upgraded wood floors, minimizing immediate renovation needs for a new owner.
Recent Price Adjustment: The list price has been reduced from an original $599,000 to $550,000, indicating potential value and a motivated seller.

Cons

Building Age: Built in 1974, the property is older, which may imply potential for aging infrastructure or higher maintenance costs compared to newer constructions.
Compact Square Footage: At 789 sq. ft. for a 2-bedroom unit, the living space is relatively compact, which might be a limiting factor for buyers seeking more expansive living areas.
High Association Fee: The monthly association fee of $588.0 is substantial for a unit of this size and price point, adding a significant ongoing cost to homeownership.

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