701 Olive Ave, Fremont, California 94539, Fremont, 94539 - 4 bed, 2 bath

701 Olive Ave, Fremont, California 94539 home-pic-0
ACTIVE$2,398,000$1,848/sqft
Est. Value: $2,550,324
6%
BelowEstimate
701 Olive Ave, Fremont, California 94539
4Beds
2Baths
1,848Sqft
8,257Lot

Price Vs. Estimate

The estimated value ($2,550,323.75) is $152,323.75 (6%) higher than the list price ($2,398,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8257, living area = 1848.
Top Cons:
Original Build Year: Despite extensive remodeling, the property's original construction year of 1976 means some underlying structural components are older, which may lead to questions about long-term maintenance beyond the stated upgrades.

Compared to the nearby listings

Price:$2.40M vs avg $2.41M ($-14,500)47%
Size:1,848 sqft vs avg 1,968 sqft41%
Price/sqft:$1.3K vs avg $1.2K69%

More Insights

Built in 1976 (50 years old).
Condition: Despite being built in 1976, this home has undergone a recent and extensive renovation, as evidenced by over $150,000 in upgrades. The kitchen features new premium quality designer cabinets, quartz countertops, a large center island, and stainless steel appliances, all appearing virtually new. Both bathrooms have been fully updated with quartz showers, new vanities, and designer fixtures. The property also boasts new luxury vinyl plank flooring, recessed lighting, new dual-pane windows, new A/C, and fresh paint throughout, meeting current quality standards with no deferred maintenance.
Year Built
1976
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$1,298
HOA
-
Days on market
-
Sold On
-
MLS number
41121171
Home ConditionExcellent
Features
Patio
View-

About this home

Just listed, beautifully remodeled home located in the prestigeous area of Mission San Jose in Fremont CA. The top rated schools are Chadbourne, Hopkins And Mission San Jose High School. This 4 bedroom 2 bath home has over $150,000 worth of upgrades. A new premium quality designer kitchen, with quartz counter tops, huge center island and stainless steel appliances. This renovated home also includes luxury vinyl plank flooring , recessed lighting and new dual pane windows. Both primary and secondary baths have been updated with quartz showers, vanities and designer fixtures. New paint inside and out with epoxy garage floor coating, A/C and low maintenance front and back yards .

T
Thomas Connolly
Listing Agent
Condition Rating
Excellent

Despite being built in 1976, this home has undergone a recent and extensive renovation, as evidenced by over $150,000 in upgrades. The kitchen features new premium quality designer cabinets, quartz countertops, a large center island, and stainless steel appliances, all appearing virtually new. Both bathrooms have been fully updated with quartz showers, new vanities, and designer fixtures. The property also boasts new luxury vinyl plank flooring, recessed lighting, new dual-pane windows, new A/C, and fresh paint throughout, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8257, living area = 1848.
Prestigious Location & Top-Rated Schools: Situated in the highly sought-after Mission San Jose area of Fremont, offering access to top-rated schools including Chadbourne, Hopkins, and Mission San Jose High School, a significant draw for families.
Extensive Modern Remodel: The home has undergone a beautiful and extensive remodel with over $150,000 worth of upgrades, presenting a move-in ready and contemporary living experience.
Designer Kitchen: Features a new premium quality designer kitchen equipped with quartz countertops, a huge center island, and stainless steel appliances, ideal for modern culinary needs and entertaining.
Updated Bathrooms & Interior Finishes: Both primary and secondary bathrooms have been updated with quartz showers, new vanities, and designer fixtures. The interior boasts luxury vinyl plank flooring, recessed lighting, and new dual-pane windows throughout.
Enhanced Comfort & Low Maintenance: Includes new A/C for climate control, fresh interior and exterior paint, an epoxy garage floor coating, and low-maintenance front and back yards, contributing to comfort and ease of living.

Cons

Original Build Year: Despite extensive remodeling, the property's original construction year of 1976 means some underlying structural components are older, which may lead to questions about long-term maintenance beyond the stated upgrades.
Limited Outdoor Space: The description highlights 'low maintenance front and back yards,' which, while convenient, may not appeal to buyers seeking larger, more private, or extensively landscaped outdoor living areas.
High Price Point: With a list price of $2.398 million, the property is positioned at a premium price point, which may narrow the pool of potential buyers despite its desirable location and extensive upgrades.
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