550 Blossom Way #g, Hayward, California 94541, Hayward, 94541 - 3 bed, 3 bath
ACTIVE$599,950
550 Blossom Way #g, Hayward, California 94541
3Beds
3Baths
1,160Sqft
15,375Lot
Year Built
1993
Close
-
List price
$600K
Original List price
$675K
Price/Sqft
$517
HOA
$340
Days on market
-
Sold On
-
MLS number
PW25156343
Home ConditionFair
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $600.0K(44th), sqft - 1160(38th), beds - 3(50th), baths - 3(50th).
Great 3 bedroom, 2 & 1/2 baths in a 7 unit complex.
Nearby schools
2/10
Cherryland Elementary School
Public,•K-6•0.3mi
2/10
Colonial Acres Elementary School
Public,•K-5•0.8mi
5/10
Burbank Elementary School
Public,•K-6•0.9mi
2/10
Strobridge Elementary School
Public,•K-6•1.0mi
1/10
Edendale Middle School
Public,•6-8•1.4mi
3/10
Bret Harte Middle School
Public,•7-8•1.4mi
3/10
Winton Middle School
Public,•7-8•1.5mi
2/10
Bohannon Middle School
Public,•6-8•1.5mi
4/10
East Bay Arts High School
Public,•9-12•1.0mi
4/10
San Lorenzo High School
Public,•9-12•1.2mi
5/10
Hayward High School
Public,•9-12•1.9mi
7/10
Arroyo High School
Public,•9-12•1.9mi
Price History
Date
Event
Price
10/23/25
Price Change
$599,950-2.4%
10/17/25
Price Change
$615,000-1.6%
09/25/25
Price Change
$624,950-3.1%
09/11/25
Price Change
$644,950
07/12/25
Listing
$675,000
Condition Rating
Fair
The property was built in 1993, making it 31 years old. While the exterior appears to be reasonably maintained based on the provided image, there is no information or imagery available for the interior, specifically the kitchen and bathrooms. Without details on recent renovations, appliances, fixtures, or flooring, it's highly probable that these key areas reflect the original construction era and would be considered outdated in style and features, requiring minor updates to meet current standards. This aligns with the 'Fair' condition criteria for properties built over 20 years ago with no major renovations since construction.
Pros & Cons
Pros
Significant Price Reduction: The property has undergone a substantial price reduction from its original list price of $675,000 to $599,950, potentially offering a compelling value proposition for prospective buyers.
Generous Bedroom and Bathroom Count: Featuring 3 bedrooms and 3 bathrooms (comprising 2 full and 1 half bath), this unit provides ample living space and convenience, making it suitable for families or those requiring additional rooms.
Relatively Modern Construction: Built in 1993, this condominium benefits from more recent construction compared to many older properties in the area, which may translate to fewer immediate maintenance and repair concerns.
Intimate Community Setting: As part of a small 7-unit complex, the property offers a more private and potentially quieter living environment, fostering a sense of community often absent in larger developments.
Proximity to Key Amenities: Located in Hayward, the property is conveniently situated near several schools, including some with favorable ratings such as Burbank Elementary (rated 5) and Arroyo High (rated 7), enhancing its appeal for families.
Cons
High Monthly Association Fees: A monthly association fee of $340 represents a significant recurring expense that must be factored into the overall cost of homeownership.
Absence of Scenic Views: The property explicitly states 'view: None,' which could be a notable drawback for buyers who prioritize aesthetic or panoramic outlooks from their home.
Market Performance Challenges: The history of multiple significant price reductions from the original listing price suggests the property may have been initially overpriced or has faced difficulties in attracting offers, potentially indicating a longer time on market or perceived value issues.