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40431 Blanchard St, Fremont, California 94538, Fremont, 94538 - 4 bed, 3 bath

40431 Blanchard St, Fremont, California 94538 home-pic-0
ACTIVE$1,499,850$1,769/sqft
Est. Value: $1,587,588
5%
BelowEstimate
40431 Blanchard St, Fremont, California 94538
4Beds
3Baths
1,769Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($1,587,587.535) is $87,737.535 (5%) higher than the list price ($1,499,850). This property may be underpriced.

Key pros and cons

Top Pros:
Income-Generating ADU: The property features a permitted ADU (approx. 419 sq ft) with a separate entrance, kitchen, laundry, full bath, living room, bedroom, and private backyard, offering significant income potential or multi-generational living.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

Compared to the nearby listings

Price:$1.50M vs avg $1.46M (+$38,850)54%
Size:1,769 sqft vs avg 1,452 sqft80%
Price/sqft:$848 vs avg $1.0K20%

More Insights

Built in 1954 (72 years old).
Condition: Despite being built in 1954, the property has undergone extensive recent renovations, with over $200,000 invested. The main house features a gourmet kitchen with quartz countertops, stainless steel appliances, and modern cabinetry, along with fully remodeled bathrooms with contemporary fixtures and new hardwood flooring. The permitted ADU also presents a new, modern kitchen and bathroom. New split HVAC systems and fresh paint throughout further contribute to a virtually new condition, meeting current quality standards with no deferred maintenance.
Year Built
1954
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$848
HOA
-
Days on market
-
Sold On
-
MLS number
41119520
Home ConditionExcellent
Features
Patio
View-

About this home

North-East Facing. Main House + Permitted ADU + Bonus Utility Room. Looking for an Updated Home, an Income Property, or Both at best location? This is the one. $200,000.00+ spent in upgrades. Live in the main house while the ADU Rent helps offset your mortgage. The ADU offers approx. 419 sq ft and lives like a Private Home with a Separate Entrance, Kitchen, Laundry Closet, Full Bath, Living Room, Bedroom, Own Address, Mailbox, and a Highly Desirable by tenants, own Private Backyard. The main house is Tastefully Updated with New Interior/Exterior Paint, Recessed Lighting, and a Gourmet Kitchen featuring Quartz Countertops, a Skylight, Extended Cabinetry, and Stainless Steel Appliances. The Primary Bedroom includes New Hardwood Flooring, Updated Lighting, an Expanded Closet, and a Fully Remodeled New Bathroom with a Full shower. Additional Upgrades include New Split HVAC systems and New Flooring. A Bonus Utility or Office Room (sq ft not included) in the Backyard with Window, Skylight, Flooring adds Flexibility. Enjoy all new Low-Maintenance Landscaping. Very Long Driveway adds to curb appeal & can accommodate multiple cars. Don’t miss this amazingly unique Updated Move-In Ready home. Open Sat & Sun.

A
Anil Lakky Reddy
Listing Agent

Nearby schools

5/10
John Blacow Elementary School
Public,•K-6•0.8mi
6/10
Brier Elementary School
Public,•K-6•0.9mi
8/10
Joseph Azevada Elementary School
Public,•K-6•1.5mi
6/10
G. M. Walters Junior High School
Public,•7-8•1.0mi
7/10
John F. Kennedy High School
Public,•9-12•1.0mi

Price History

Date
Event
Price
01/03/23
Sold
$1,065,000
Condition Rating
Excellent
Despite being built in 1954, the property has undergone extensive recent renovations, with over $200,000 invested. The main house features a gourmet kitchen with quartz countertops, stainless steel appliances, and modern cabinetry, along with fully remodeled bathrooms with contemporary fixtures and new hardwood flooring. The permitted ADU also presents a new, modern kitchen and bathroom. New split HVAC systems and fresh paint throughout further contribute to a virtually new condition, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Income-Generating ADU: The property features a permitted ADU (approx. 419 sq ft) with a separate entrance, kitchen, laundry, full bath, living room, bedroom, and private backyard, offering significant income potential or multi-generational living.
Extensive Modern Upgrades: Over $200,000 has been invested in recent upgrades, including new interior/exterior paint, recessed lighting, a gourmet kitchen with quartz countertops and stainless steel appliances, remodeled primary bathroom, new hardwood flooring, and new split HVAC systems.
Flexible Bonus Space: A separate bonus utility or office room in the backyard, complete with a window, skylight, and flooring, provides valuable flexible space not included in the main square footage, ideal for remote work or hobbies.
Move-in Ready Condition: Described as an 'Updated Move-In Ready home,' the extensive renovations mean buyers can move in without immediate need for major repairs or updates, saving time and additional investment.
Low-Maintenance & Ample Parking: The property boasts new low-maintenance landscaping and a very long driveway capable of accommodating multiple cars, enhancing convenience and curb appeal.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Age of Original Structure: Built in 1954, the underlying structure is older, which, despite extensive renovations, may still imply potential for unseen issues or future maintenance needs related to original components not explicitly upgraded.
Compact Lot Size: With a lot size of 5000 sq ft, the property offers a relatively modest outdoor space, especially considering the footprint of both the main house, the permitted ADU, and the bonus utility room.
ADU Size Limitation: While a significant asset, the ADU's approximate 419 sq ft is compact, which might limit its appeal to a broader range of tenants or long-term occupants seeking more spacious living arrangements.
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