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40425 Chapel Way 309, Fremont, California 94538, Fremont, 94538 - 2 bed, 2 bath

40425 Chapel Way 309, Fremont, California 94538 home-pic-0
ACTIVE$650,000
40425 Chapel Way 309, Fremont, California 94538
2Beds
2Baths
1,052Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Modern Upgrades: The property boasts over $25K in recent upgrades, including a beautifully remodeled kitchen, updated bathrooms, new flooring, paint, newer central A/C and heating, and modern fixtures like Hunter Douglas motorized shades and 4 skylights, ensuring a move-in ready condition.
Top Cons:
High HOA Fees: The monthly HOA fee of $705, even after a slight reduction, is substantial and adds a significant recurring cost to homeownership, which could deter some buyers.

Compared to the nearby listings

Price:$650.0K vs avg $958.0K ($-308,000)33%
Size:1,052 sqft vs avg 1,365 sqft27%
Price/sqft:$618 vs avg $66233%

More Insights

Built in 1983 (42 years old).
Condition: Despite being built in 1983, this condo has undergone extensive and recent renovations, as evidenced by the '$25K+ in Upgrades' and the modern aesthetic throughout. The kitchen is beautifully remodeled with custom white shaker cabinets, contemporary countertops, a stylish backsplash, recessed lighting, and newer stainless steel appliances. Both bathrooms feature updated vanities with granite/quartz tops, modern fixtures, and contemporary lighting. The unit also boasts newer central A/C and heating, fresh flooring and paint, and additional high-end features like Hunter Douglas motorized shades and skylights. The overall condition is virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1983
Close
-
List price
$650K
Original List price
$650K
Price/Sqft
$618
HOA
$731
Days on market
-
Sold On
-
MLS number
ML82021770
Home ConditionExcellent
Features
Good View:
Deck
Pool
Spa
View-

About this home

Charming Top-Floor Condo with $25K+ in Upgrades. Best unit in the building. Bright and inviting, in desirable Irvington neighborhood. The spacious living room features a cozy fireplace and opens to a private balcony overlooking sparkling pool. A dining area connects seamlessly to the beautifully remodeled kitchen with full backsplash, custom cabinets and counter tops, recessed lighting, newer stainless appliances. Two generous bedrooms with Hunter Douglas motorized shades, closets with custom organizers. The primary suite offers an updated granite vanity and stylish fixtures, modern mirrors, lighting, fans in both bathrooms. Additional highlights include newer central A/C and heating, fresh flooring and paint, custom closet doors, 4 skylights, and in-unit laundry with washer and dryer included. Community amenities include a pool, hot tub, bocce court, BBQ area, clubhouse, secure lobby/mail access, and elevator. Two assigned parking spaces one in a secure underground garage and one in a covered carport provide convenience and peace of mind. Located within walking distance to Lake Elizabeth/Central Park, shopping, dining, library, and farmers market. Easy access to BART and major freeways (680, 880, 84). No rental restrictions. HOA fee will be $705 in January down from $731.

Nearby schools

8/10
J. Haley Durham Elementary School
Public,•K-6•0.5mi
7/10
O. N. Hirsch Elementary School
Public,•K-6•0.8mi
8/10
E. M. Grimmer Elementary School
Public,•K-6•1.4mi
7/10
Harvey Green Elementary School
Public,•K-6•1.4mi
7/10
John M. Horner Junior High School
Public,•7-8•0.7mi
6/10
G. M. Walters Junior High School
Public,•7-8•1.5mi
8/10
Irvington High School
Public,•9-12•1.2mi
7/10
John F. Kennedy High School
Public,•9-12•1.5mi
Condition Rating
Excellent
Despite being built in 1983, this condo has undergone extensive and recent renovations, as evidenced by the '$25K+ in Upgrades' and the modern aesthetic throughout. The kitchen is beautifully remodeled with custom white shaker cabinets, contemporary countertops, a stylish backsplash, recessed lighting, and newer stainless steel appliances. Both bathrooms feature updated vanities with granite/quartz tops, modern fixtures, and contemporary lighting. The unit also boasts newer central A/C and heating, fresh flooring and paint, and additional high-end features like Hunter Douglas motorized shades and skylights. The overall condition is virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Extensive Modern Upgrades: The property boasts over $25K in recent upgrades, including a beautifully remodeled kitchen, updated bathrooms, new flooring, paint, newer central A/C and heating, and modern fixtures like Hunter Douglas motorized shades and 4 skylights, ensuring a move-in ready condition.
Prime Location & Accessibility: Situated in the desirable Irvington neighborhood, offering walking distance to Lake Elizabeth/Central Park, shopping, dining, library, and a farmers market, with excellent access to BART and major freeways (680, 880, 84).
Top-Floor Unit with Desirable Features: As a top-floor unit, it offers enhanced privacy and is described as the 'best unit in the building,' featuring a cozy fireplace, a private balcony overlooking the sparkling pool, and convenient in-unit laundry.
Robust Community Amenities: Residents benefit from a wide array of community amenities including a pool, hot tub, bocce court, BBQ area, clubhouse, secure lobby/mail access, and an elevator, enhancing lifestyle and convenience.
Convenient Parking & Rental Flexibility: Includes two assigned parking spaces (one secure underground, one covered carport) and has no rental restrictions, appealing to both homeowners and potential investors.

Cons

High HOA Fees: The monthly HOA fee of $705, even after a slight reduction, is substantial and adds a significant recurring cost to homeownership, which could deter some buyers.
Building Age: Constructed in 1983, the building is over 40 years old. While the unit is extensively upgraded, the age of the overall building infrastructure could lead to higher maintenance costs or potential special assessments in the future.
Condominium Living Constraints: As a condominium, residents are subject to HOA rules and regulations, and shared walls may lead to noise considerations or less privacy compared to a single-family home.

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