38623 Cherry Lane 203, Fremont, California 94536, Fremont, 94536 - 2 bed, 2 bath

ACTIVE$550,000
38623 Cherry Lane 203, Fremont, California 94536
2Beds
2Baths
799Sqft
Lot
Year Built
1974
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$688
HOA
$582
Days on market
-
Sold On
-
MLS number
ML82022607
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $550.0K(56th), sqft - 799(20th), beds - 2(50th), baths - 2(50th).
Welcome to Fremont, close to Historic Niles District. With easy access to Fremont Bart, major highways ( 680 and 880 ). This home features 2 Bedrooms & 1 Bathroom, excellent choice for First Time-Home Buyers.
Price History
Date
Event
Price
09/23/25
Listing
$550,000
Condition Rating
Fair
Built in 1974, this property is 50 years old. While it features updated laminate flooring, fresh paint, and modern laundry appliances, the presence of popcorn ceilings and the complete absence of kitchen and bathroom images strongly suggest these critical areas are likely original or very dated. The exterior is maintained but shows its age. The property appears functional and has received some cosmetic updates, but major components, particularly the kitchen and bathrooms, are likely outdated and would require significant renovation to meet current standards, aligning with the 'Fair' condition criteria of being aged but maintained with occasional updates, and requiring minor to moderate updates or repairs.
Pros & Cons
Pros
Prime Commuter Location: The property boasts excellent accessibility to Fremont BART and major highways (680 and 880), making it highly convenient for commuters.
First-Time Buyer Suitability: Explicitly positioned as an 'excellent choice for First Time-Home Buyers,' indicating its potential affordability and appeal to this key market segment.
Desirable Local Amenities: Proximity to the Historic Niles District offers residents access to local culture, dining, and community events.
Functional Layout: With 2 bedrooms and 2 bathrooms, the condominium provides a practical and versatile living arrangement suitable for small families or individuals.
Reputable School District: Located within the Fremont Unified High School District, which is often a significant draw for families prioritizing education.
Cons
Age of Property: Built in 1974, the property is 50 years old, which may imply older systems, potential for deferred maintenance, or a need for modernization to meet contemporary standards.
Compact Living Space: At 799 square feet, the unit offers relatively limited living space, which could be a constraint for buyers seeking more expansive interiors or future growth.
High Association Fees: A monthly association fee of $582.0 is substantial and adds significantly to the overall cost of homeownership, potentially impacting long-term affordability.














