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38623 Cherry Lane

38623 Cherry Lane, Fremont, CA 94536
38623 Cherry Lane is a condo located in Cherry-Guardino, Fremont. The building was first built in 1974 and is 50 years old. 38623 Cherry Lane has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Separately, the building has a pool! Which is great those who want low-impact workout or those with children! There are 44 closings on record, of which we have matching data for 3 listings. In the past 3 years, a listing in this building will typically remain on the market for about 44 days and tend to sell above the original asking price of $429,950 by 4.69%. Meaning, listings tend to sell at a median of $640 price per square foot. The transaction that took the longest to complete was unit 211, listed on Mar 06, 2021 for $399,000. This particular unit ultimately sold 76 days later for $390,000. The most recent transaction was for unit 167, sold for $630,000 on Oct 26, 2023. Fun fact, the oldest transaction we have on record took place on Sep 29, 1995. See the full transaction history for 38623 Cherry Lane below.

Cherry-Guardino, where 38623 Cherry Lane is located, has a median asking price of $645,000 for condo buildings. Meanwhile, the building itself has a median asking price of $429,950. For interested buyers, that means the building's median asking price is around 0.33% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Exterior
Wood Siding

Parking

Carport
Covered Parking
Guest Parking
This property description is generated based on publicly available data.

7 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231231 Unit 140
12/31/2023
140
2 Bed
1 Bath
789 ft²
$565,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
789 ft²
-
-
-
Karan Singh
eXp Realty of California
20210912
09/12/2021
2 Bed
2 Bath
789 ft²
$525,000
bedrooms
2 Bed
bathrooms
2 Bath
square feet
789 ft²
-
09/28/2021
Miguel Quintero
Realty One Group Infinity
20210306 Unit 211
03/06/2021
211
1 Bed
1 Bath
623 ft²
$399,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
623 ft²
$390,000 -2.26%
05/21/2021
Nashaba Rahman
20201103 Unit 133
11/03/2020
133
2 Bed
1 Bath
789 ft²
$429,950
bedrooms
2 Bed
bathrooms
1 Bath
square feet
789 ft²
$480,000 +11.64%
12/17/2020
David Vigil
20200809 Unit 166
08/09/2020
166
3 Bed
2 Bath
1199 ft²
$624,888
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1199 ft²
-
-
-
-
20181017 Unit 211
10/17/2018
211
1 Bed
1 Bath
623 ft²
$400,000
bedrooms
1 Bed
bathrooms
1 Bath
square feet
623 ft²
-
-
-
-
20171031
10/31/2017
1 Bed
1 Bath
628 ft²
-
bedrooms
1 Bed
bathrooms
1 Bath
square feet
628 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • Floor Count: 2
  • Living Units: 226
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 649,200
  • Total Building Area: 1,101
  • Building Area: 1,101
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,101
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FREMONT OAKS
  • Land Acres: 14.904
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR: 4105 LOT: BLDG: UNIT:224

Ownership

  • Current Owner : JAIN NAKUL
  • Current Owner 2: JAIN MUKTANSHI
  • Previous Owner : LEE TAMMY
  • Owner Before Previous Owner: RASHID ARSHAD
  • Owner Before Previous Owner 2: ARSHAD RAFIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Fremont Unified School District
  • Census Tract: 441924

Geography

  • Assessors Map Reference: 86-E7
  • Subdivision Tract Number: 4105
  • Parcel: 507-790-225
  • Municipality: CITY OF FREMONT
  • Latitude: 37.5653
  • Longitude: -121.973

    Address

  • Full Address: 38623 Cherry Ln
  • Legal Unit: 224
  • Address - House Number: 38623
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Fremont
  • Carrier Code: C085
  • 4-Digit Zip Code: 4241
  • Zip Code: 94536

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,167
  • Tax Rate Code Area: 12-013

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 686,613
  • High Value: 810,858
  • Low Value: 562,368

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $576,000
  • First Open Lien Mortgage Lender: HSBC BANK USA NA
  • First Open Lien Mortgage Recording Date: Jan 16, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $576,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $397,291
  • Assessed Land Value: $121,287
  • Assessed Improvements Value: $283,004

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 07, 2023
  • Current Sale Recording Date: Jan 16, 2024
  • Current Sale Transaction ID: 11921246073
  • Current Sale Price: $720,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 9079
  • Previous Sale Recording Date: Nov 13, 2013
  • Previous Sale Contract Date: Nov 07, 2013
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC BANK USA NA
  • First Mortgage Transaction Date: Jan 16, 2024
  • First Mortgage Loan Amount: $576,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: INTERBANK MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 13, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2043

About Central Fremont



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Frequently Asked Questions

What neighborhood is 38623 Cherry Lane located in?
The 38623 Cherry Lane is a condo located in the neighborhood of Cherry-Guardino in Central Fremont, Fremont.
What is the average sales price for listings in 38623 Cherry Lane?
The average sales price for units in 38623 Cherry Lane is $429,950 , or $640/sqft. currently.

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