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38623 Cherry Lane 201, Fremont, California 94536, Fremont, - bed, bath

home-pic
ACTIVE$550,000
38623 Cherry Lane 201, Fremont, California 94536
2Beds
1Bath
789Sqft
Lot
Year Built
1974
Close
-
List price
$550K
Original List price
$599K
Price/Sqft
-
HOA
$588
Days on market
-
Sold On
-
MLS number
ML82020087
Home ConditionFair
Features
Deck
View-

About this home

This charming 2 bedroom, 1 bathroom condo offers 789 sq. ft. of comfortable living in a peaceful and well-maintained neighborhood and just 5 minutes by car or 20 minutes on foot to Fremont BART Station and Central Park. The home features upgraded wood floors and a spacious living area that flows seamlessly throughout. Both bedrooms offer closets for ample storage, while an in-unit washer and dryer add everyday convenience. The bathroom includes a bathtub, providing a relaxing retreat. A large private patio with extra storage creates the perfect space to unwind or entertain outdoors. Additional highlights include an assigned carport with free guest parking and access to the community heated pool. This move-in ready condo is a fantastic opportunity to own a home with excellent amenities in one of Fremonts most convenient locations.

Price History

Date
Event
Price
10/24/25
Price Change
$550,000-3.3%
09/16/25
Price Change
$569,000-5.0%
09/03/25
Listing
$599,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (27 Listings)
Beds22
50%
Baths12
32%
Square foot789944
18%
Lot Size0147,233
Price$550K$535K
57%
Price per square foot$697$593.5
96%
Built year19749930993
18%
HOA$588$432.5
68%
Days on market64175
4%
Condition Rating
Fair
The condo, built in 1974, has undergone some updates like 'upgraded wood floors' and is described as 'move-in ready.' However, the kitchen features dated wood cabinets, granite-like countertops, and an older black refrigerator, suggesting a renovation 15-25 years ago. The bathroom, while clean, also presents an older style with basic white tiles, vanity, and fixtures. Popcorn ceilings are visible, and light fixtures are generally outdated. While functional and maintained, the property requires minor updates to meet current aesthetic standards, particularly in the kitchen and bathroom, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Exceptional Commuter Location: The property boasts a prime location, just 5 minutes by car or 20 minutes on foot to Fremont BART Station and Central Park, offering excellent connectivity and recreational access.
Valuable In-Unit & Community Amenities: Includes highly desirable features such as an in-unit washer and dryer, a large private patio with extra storage, an assigned carport with guest parking, and access to a community heated pool.
Move-in Ready with Recent Upgrades: The condo features upgraded wood floors and is described as 'move-in ready,' minimizing immediate expenses and effort for a new owner.
Peaceful & Well-Maintained Environment: Situated in a peaceful and well-maintained neighborhood, contributing to a desirable living atmosphere and community appeal.
Functional Layout & Storage: Offers a spacious living area with a seamless flow, ample closet storage in both bedrooms, and additional storage on the private patio, enhancing practicality.

Cons

High Monthly Association Fees: The $588.0 monthly association fee is substantial and significantly adds to the overall cost of homeownership, potentially impacting affordability.
Compact Square Footage: At 789 sq. ft., the living space is relatively compact for a 2-bedroom unit, which may limit appeal for buyers seeking more expansive living areas or future growth.
Building Age & Potential Future Costs: Built in 1974, the building's age could lead to higher long-term maintenance costs or potential special assessments for major system replacements or structural repairs.

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