38623 Cherry Lane 203, Fremont, California 94536, Fremont, - bed, bath
ACTIVE$550,000
38623 Cherry Lane 203, Fremont, California 94536
2Beds
2Baths
799Sqft
Lot
Year Built
1974
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
-
HOA
$582
Days on market
-
Sold On
-
MLS number
ML82022607
Home ConditionGood
Features
View-
About this home
Welcome to Fremont, close to Historic Niles District. With easy access to Fremont Bart, major highways ( 680 and 880 ). This home features 2 Bedrooms & 1 Bathroom, excellent choice for First Time-Home Buyers.
Price History
Date
Event
Price
09/23/25
Listing
$550,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (27 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 799 | 944 | 18% |
| Lot Size | 0 | 147,233 | |
| Price | $550K | $535K | 57% |
| Price per square foot | $688 | $593.5 | 96% |
| Built year | 1974 | 9930993 | 18% |
| HOA | $582 | $432.5 | 68% |
| Days on market | 42 | 173 | 4% |
Condition Rating
Good
Built in 1974, this property has undergone significant and tasteful renovations, particularly in the kitchen and bathrooms, which appear to be updated within the last 5-15 years. The kitchen features modern white shaker-style cabinets, dark countertops, stainless steel appliances, and a subway tile backsplash. Both bathrooms boast contemporary vanities, fixtures, and subway tile surrounds, with one offering a tub/shower combo and the other a walk-in shower. Consistent laminate wood-look flooring throughout the living areas and bedrooms is in good condition. While the popcorn ceilings and baseboard heating indicate some original elements remain, the major functional and aesthetic areas are move-in ready with no immediate renovations required.
Pros & Cons
Pros
Prime Commuter Location: The property boasts excellent accessibility with easy access to Fremont Bart and major highways (680 and 880), making it highly convenient for commuters.
First-Time Homebuyer Appeal: Explicitly positioned as an 'excellent choice for First Time-Home Buyers,' indicating a potentially accessible entry point into the competitive Fremont market.
Desirable Fremont Location: Located in Fremont, a sought-after Bay Area city, and close to the charming Historic Niles District, offering local amenities and community character.
Functional Layout: With 2 bedrooms and 2 bathrooms within 799 sqft, the property offers a practical and efficient layout suitable for individuals or small households.
Condominium Lifestyle: As a condominium, it typically provides reduced exterior maintenance responsibilities, appealing to buyers seeking a lower-upkeep, lock-and-leave lifestyle.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 799, other record living area = 628. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
High Monthly Association Fee: The $582 monthly association fee is substantial for a property of this size, significantly increasing the overall monthly housing cost for potential buyers.
Property Age: Built in 1974, the property is 50 years old, which may imply a need for updates to major systems, appliances, or interior finishes, potentially incurring future renovation costs.
Limited Square Footage: At 799 square feet, the living space is relatively compact, which might be a limiting factor for buyers desiring more room or planning for a growing family.