40161 Kelly Street, Fremont, California 94538, Fremont, 94538 - 4 bed, 3 bath
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Fremont, California 94538
This Well-Maintained Multi-Generational Home is a Prime Investment Opportunity, listed at $1,549,000—positioned well below the $1,588,949 Fair Market Value by 2%. This valuation gap provides $39,949 in Instant Equity. Boasting a Good Condition Rating, the residence features a modern kitchen with stone countertops, skylights, and a private backyard patio. Located within walking distance of top-rated Durham Elementary and Central Park, the property offers exceptional lifestyle convenience. This is an ideal acquisition for Owner-Occupants or multi-generational families seeking a turnkey transition in a prime Fremont location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 40161 Kelly Street Subject | $1,549,000* List Price | 4 | 3 | 1,556 | $1,021 | - |
A 40207 40207 Condon St Sold | $1,681,000 | 3 | 2 | 1,570 | $1,071 | 0.1 mi |
B 40431 40431 Blanchard St Sold | $1,420,000 | 4 | 3 | 1,769 | $803 | 0.4 mi |
C 3861 Cosmic Pl Active | $1,525,000 List Price | 4 | 3 | 1,552 | $983 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1957, the home has undergone significant interior updates, including a modern kitchen with white shaker cabinets, stone countertops, and updated laminate flooring throughout. The property is well-maintained and move-in ready; however, the presence of older wall heaters and the original 1950s exterior profile keep it in the 'Good' category rather than 'Excellent'.
The property is ideally situated within walking distance of the highly-rated Durham Elementary School (Rating 8), Central Park, and the library, offering exceptional convenience for families.
Featuring 4 bedrooms and a bright interior enhanced by skylights, the floor plan is well-designed for large families or multi-generational living arrangements.
The home has been meticulously maintained and features upgraded insulation, ensuring year-round comfort and lower utility costs for the next owner.
Built in 1957, the property may have smaller room dimensions and older infrastructure systems compared to modern residential builds.
At nearly $1,000 per square foot, the listing price represents a significant premium for a mid-century home of this size, which may limit the buyer pool.
Beautifully Maintained Home in the Heart of Fremont! Nestled in a well-established and peaceful neighborhood, this home stands out for its exceptional care and quality. With excellent insulation, you'll enjoy year-round comfort and energy efficiency. Prime Location: Short walk to Durham Elementary School, Central Park, the library, and restaurants. Perfect for families and those who love an active lifestyle. Spacious & Practical Layout: Featuring 4 bedrooms and 2.5 bathrooms, the home is filled with natural light and enhanced by skylights, creating a warm and inviting atmosphere throughout. Ample Parking: Enjoy plenty of parking space, making gatherings and visits easy and stress-free. Family-Friendly & Multi-Generational Living: Ideal for raising a family, and perfectly suited for parents or grandparents to visit or live comfortably. Outdoor Oasis: The backyard offers space for outdoor enjoyment, gardening, and future possibilities. Mature fruit trees add beauty and charm. Convenience: Close to parks, schools, shopping, and dining, with easy access to major commuter routes and BART. This is more than just a house, it's a welcoming home ready for your next chapter. Whether you're looking to move right in, personalize to your taste, or invest, this home offers a rare opportunity.
No exterior & parking available.
Grades K-6 • 0.1 mi
Grades 7-8 • 1.0 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 3.0 | 2.0 | 76% |
| Square foot | 1,556 | 1,324 | 60% |
| Lot Size | 6,000 | 6,000 | 50% |
| Price | $1.55M | $1.42M | 65% |
| Price per sq ft | $996 | $1.1K | 36% |
| Built year | 1957 | 1961 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 106 | 2% |
Mar 19, 2026
$1,549,000
Initial Listing
Aug 18, 2017
$831,000
Public Record
Jan 21, 2011
$350,000
Public Record