38623 Cherry Ln 148, Fremont, California 94536, Fremont, 94536 - 3 bed, 2 bath
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Fremont, California 94536
This 3-Bedroom Condominium is a Strong Value Opportunity, listed at $599,900—positioned well below the $620,588 Fair Market Value by 3%. This valuation gap offers $20,688 in Instant Equity for the buyer. The unit features a Condition Rating of 3, boasting recent cosmetic updates like new flooring and kitchen cabinets. With community amenities including a pool and clubhouse, this property is an ideal choice for first-time buyers or owner-occupants seeking a move-in ready home near the historic Niles District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 38623 Cherry Ln 148 Subject | $599,900* List Price | 3 | 2 | 1,101 | $564 | - |
A 38697 Huntington Cir Sold | $665,888 | 2 | 2 | 1,168 | $570 | 0.2 mi |
B 976 Huntington Ter Sold | $698,000 | 2 | 2 | 1,168 | $598 | 0.2 mi |
C 38780 Tyson Lane 305c Sold | $465,000 | 1 | 1 | 870 | $534 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1974, the unit has received a recent cosmetic refresh (<5 years) including new flooring, fresh paint, and updated kitchen cabinets. While the bathroom fixtures and kitchen appliances appear dated and the wall AC unit is older, the property is well-maintained, functional, and move-in ready.
The unit features fresh paint, updated kitchen cabinetry, and new flooring throughout, providing a move-in-ready experience for buyers.
As a second-floor end unit, this property offers enhanced privacy, better natural light, and a quieter living environment compared to interior units.
Located just minutes from the historic Niles District, residents enjoy easy access to unique local shops, dining, and a vibrant community atmosphere.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1, other record lot size in square feet = 649200.
The monthly HOA fee of $582 is relatively high, which may impact the overall monthly affordability and debt-to-income ratio for some buyers.
Built in 1974, the complex may require ongoing maintenance or future assessments to address aging common area components and systems.
3-Bedroom End Unit Near Historic Niles District - Welcome to this roomy 3 Bedroom, 2 FULL Baths condo located on the desirable second floor in a quiet end unit. With new paint, updated kitchen cabinets, and new floors throughout, this home offers a well-designed layout, a private balcony perfect for relaxing, and the convenience of an in-unit laundry closet. Enjoy a full suite of community amenities including a sparkling pool, clubhouse, and playground—ideal for both entertaining and everyday living. Nestled just minutes from the charming and historic Niles District, you'll love being close to unique shops and local restaurants. Whether you're a first-time buyer or looking for a home with a little extra room, this updated condo offers comfort, convenience, and a vibrant neighborhood lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 91% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,101 | 945 | 73% |
| Lot Size | 1 | 1,100 | 41% |
| Price | $599.9K | $545.0K | 68% |
| Price per sq ft | $545 | $562 | 45% |
| Built year | 1974 | 1986 | 18% |
| HOA | $582.0 | $550 | 64% |
| Days on market | 23 | 166 | 9% |
May 22, 2026
$599,900
Initial Listing