38623 Cherry Ln 121, Fremont, California 94536, Fremont, 94536 - 2 bed, 2 bath
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Fremont, California 94536
This Turnkey Townhouse represents a Strong Value Opportunity, listed at $570,000—positioned well below the $598,189 Fair Market Value by 4%. This valuation gap provides $28,189 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers modern interior upgrades like new laminate flooring and an enhanced kitchen. With community amenities including a swimming pool and private patio, this property is an ideal choice for first-time buyers or Owner-Occupants seeking a move-in-ready home near BART.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38623 Cherry Ln 121 Subject | $570,000* List Price | 2 | 2 | 929 | $644 | - |
A 38646 Aurora Ter Sold | $590,000 | 2 | 2 | 1,123 | $525 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1974, the property features recent interior updates including new laminate flooring, recessed lighting, and an enhanced kitchen with stone countertops and updated cabinetry. While the interior is move-in ready and well-maintained, the exterior siding and community areas show signs of age consistent with a 50-year-old development.
The unit features contemporary finishes including new laminate flooring, recessed lighting, and custom closet systems, offering a move-in-ready experience for buyers.
Situated in Central Fremont with close proximity to BART and major commuter routes, this property provides excellent accessibility for Bay Area professionals.
The kitchen has been thoughtfully upgraded with additional cabinetry and counter space, maximizing storage and utility beyond the standard layout for this model.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 929, other record living area = 789.
The association fee of $582 per month is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
Built in 1974, the property and community may require more frequent maintenance or face future capital improvement assessments compared to newer developments.
Welcome to this beautifully updated 2-bedroom, 1.5-bath corner unit townhome in Fremont’s Cherry Lane community. The home features new laminate flooring, recessed lighting throughout, and a bright, comfortable layout, and two private outdoor patio spaces. The kitchen has been enhanced with additional cabinetry and counter space, providing more room for storage, meal preparation, and everyday use. Custom closet systems add even more organization throughout the home. The open living and dining area extends to a private patio, creating a comfortable space to relax or entertain. Community amenities include a swimming pool and landscaped grounds, all conveniently located near BART, shopping, dining, and major commuter routes.
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 | 929 | 1,440 |
| Lot Size | 649,200 | 8,961 |
| Price | $570.0K | $978.6K |
| Price per sq ft | $614 | $692 |
| Built year | 1974 | 1980 |
| HOA | $582.0 | $375 |
| Days on market | 6 | 45 |
Jul 16, 2026
$570,000
Initial Listing
Jul 16, 2015
$415,000
Public Record
Jul 18, 2008
$192,000
Public Record
Jul 31, 2006
$380,000
Public Record
Apr 30, 2002
$225,000
Public Record
Oct 1, 1998
$116,000
Public Record