5029 Shalimar Circle, Fremont, California 94555, Fremont, 94555 - 2 bed, 2 bath
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5029 Shalimar Circle
Fremont, California 94555
ACTIVE
CONDITION: GOOD
2Beds
2Baths
934Sq Ft
0Lot Size
Property Price
LIST PRICE$685,000
EST. MARKET VALUE
$661,016
3% AboveMARKET VALUE
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $685,000—positioned well below the $661,016 Fair Market Value by -3%. While the list price reflects a premium for its prime location, the property offers a Good Condition Rating with recent kitchen updates and in-unit laundry. Situated in the Ardenwood neighborhood, it provides access to Top-Rated Schools like American High School (9/10). This residence is an ideal choice for first-time buyers or tech professionals seeking a low-maintenance lifestyle near major employers.
Estimated Market Value
$661,016
Based on Realkey algorithm analyzing recent comparable sales in Fremont.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5029 Shalimar Circle Subject | $685,000* List Price | 2 | 2 | 934 | $708 | - |
A 5269 Fairbanks Sold | $720,000 | 2 | 2 | 1,100 | $655 | 0.3 mi |
B 34590 Falls Terrace Sold | $675,000 | 1 | 1 | 1,000 | $675 | 0.2 mi |
C 34565 Pueblo Ter Sold | $700,000 | 2 | 2 | 1,069 | $655 | 0.1 mi |
D 34607 Pueblo Ter Sold | $740,000 | 2 | 3 | 1,178 | $628 | 0.2 mi |
E 34598 Pueblo Terrace Active | $725,000 List Price | 2 | 2 | 918 | $790 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1987 (37 years old) but qualifies as 'Good' due to being well-maintained and move-in ready. The unit features recent updates including new kitchen countertops, recessed lighting, and modern flooring. While bathrooms and popcorn ceilings show some age, the overall condition is functional with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
High School: American High School (9/10).
- Strategic Tech Hub Location
Situated in the premier Ardenwood neighborhood, the property offers exceptional proximity to major employers like Meta and Tesla, with rapid access to HWY 880 and the Dumbarton Bridge for seamless commuting.
- Elite School District
The residence is served by top-tier schools, including Forest Park Elementary (8/10) and American High School (9/10), providing significant long-term value and appeal for families.
CONSRISKS & DEFICIENCIES
- Extended Market Duration
The property has been active for 50 days and has undergone two price reductions, suggesting that the market has been slow to respond to the initial and subsequent pricing strategies.
- Compact Square Footage
At 934 square feet, the 2-bedroom, 2-bathroom layout is relatively small, which may feel restrictive for buyers looking for more spacious living or dining areas.
About 5029 Shalimar Circle
Welcome to your new home in the highly sought-after Ardenwood neighborhood of Fremont! This move-in ready ground floor condo offers 2 bedrooms and 2 bathrooms within 934 square feet of comfortable living space. Step inside to find a bright and spacious living room, complete with a cozy fireplace perfect for relaxing or entertaining. The kitchen is well-equipped, new countertops, and the convenience of in-unit laundry with a washer and dryer adds to the ease of daily living. You'll appreciate the secure parking provided by the included 1-car garage and 1 assigned space 163. The community is conveniently located near top-rated schools, making it ideal for families. Plus, with major high-tech employers like Meta and Tesla nearby, this location is perfect for professionals in the area. Enjoy quick access to HWY 880 and the 84 Dumbarton Bridge, making your commute a breeze. Don't miss out on this incredible opportunity to live in one of Fremont's most desirable areas with Low HOA!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1987
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $349.0 / Month
Neighborhood Insights
Fremont Unified Schools
Forest Park Elementary School
Grades K-6 • 0.2 mi
8/10
Ardenwood Elementary School
Grades K-6 • 0.7 mi
7/10
Warwick Elementary School
Grades K-6 • 1.3 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 934 | 1,139.405 |
| Lot Size | - | 74,326.036 |
| Price | $685.0K | $712.7K |
| Price per sq ft | $733 | $642 |
| Built year | 1987 | 1998 |
| HOA | $349.0 | $533 |
| Days on market | 60 | 51 |
Pricing History
Listed for Sale
Aug 30, 2026
$685,000
$699,000
-2% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$699,000
$739,000
-5% Price Drop
Initial Listing
Price Change
Jul 11, 2026
$739,000
Initial Listing
Sold
Jan 7, 2010
$303,000
Public Record
Sold
Apr 20, 2007
$455,000
Public Record
Sold
Feb 14, 2000
$218,000
Public Record