NOT LISTED FOR SALE

37304 Niles Blvd Fremont, CA 94536

Niles Neighborhood

Estimated Value: $2,644,127

1 Bed
4 Baths
8,852 Sq Ft
0.3 Acres

Last Sold November 04, 2020

Last sale price $1,800,000 $203 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $16,540/month

18 Days on Market

Highlights

  • 0.3 Acre Lot
  • No HOA
  • Heating Available
  • Niles Elementary School Rated A
  • Cooling Available
  • 4-minute walk to Niles Town Plaza

About This Home

As of November 2020

37304 Niles Boulevard is an extremely rare opportunity to acquire a mixed-use Building in downtown Niles. This property is a true pride of ownership purchase having been under the same ownership for four generations, this is the first time it has been on the market in almost 100 years. Strong tenant profile, Niles Electric has been in business for over 70+ years in the same location. Complete with individually metered units this site features on-site laundry (leased) and is one of the only properties on Niles with off-street parking. Situated only a few blocks from desirable boutique retail and neighborhood parks, tenants will enjoy the convenience and comfort of these well-located properties and thriving neighborhood. One of the major draws for tenants is the close proximity to Fremont BART (five-minute drive). Beyond this, the location is only a short drive away from great restaurants, supermarkets, convenience stores and much more for all of your daily needs.

Last Agent to Sell the Property

Louis Kwok

Marcus & Millichap License #01980615 Listed on: 10/12/2020

Last Buyer's Agent

Robert Scott

Toro Property Company License #01360569

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,755

Year Built

  • Built in 1922

Lot Details

  • 0.3

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 8,852 Sq Ft Building
  • Bridge Aor Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,755

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • Property Sub Type: Lowrise (1-3 Flrs)
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.3
  • Directions: Niles Blvd
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Other
  • Skirt: ["Other"]
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement: Other
  • Other Equipment: Other

Exterior Features

  • Lot Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Heating: Other
  • Utilities: Other Water/Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 13068
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: none

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Oct 29, 2020
Sold by
Brahmst Family Trust and Brahmst Robert E
Bought by
Wolverine Bay Area Investments Llc
Seller's Agent
Louis Kwok
Marcus & Millichap
Buyer's Agent
Robert Scott
Toro Property Company
List Price
$2,000,000
Sold Price
$1,800,000
Premium/Discount to List
-$200,000
-10%
Current Estimated Value
$2,644,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$844,127
Avg. Annual Appreciation
8.19%
Original Mortgage
$1,540,000
Outstanding Balance
$1,373,504
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,245,156

Purchase Details

Closed on
Sep 28, 2006
Sold by
Brahmst Robert E
Bought by
Brahmst Robert E and Brahmst Nancy J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wolverine Bay Area Investments Llc $1,800,000 Old Republic Title
Brahmst Robert E -- None Available
Brahmst Robert E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolverine Bay Area Investments Llc $1,540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,800,000 -- --
11/04/2020 11/04/20 Sold $1,800,000 -10.0% $203 / Sq Ft
10/30/2020 10/30/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $2,000,000 -- $226 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,755 $1,948,356 $920,057 $1,028,299
2024 $24,755 $1,910,160 $902,020 $1,008,140
2023 $24,030 $1,872,720 $884,340 $988,380
2022 $23,650 $1,836,000 $867,000 $969,000
2021 $23,112 $1,800,000 $850,000 $950,000
2020 $3,922 $146,841 $67,031 $79,810
2019 $3,898 $143,961 $65,716 $78,245
2018 $3,798 $141,139 $64,428 $76,711
2017 $3,984 $138,372 $63,165 $75,207
2016 $3,649 $135,658 $61,926 $73,732
2015 $3,648 $133,621 $60,996 $72,625
2014 $3,483 $131,004 $59,802 $71,202
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Louis Kwok

    Marcus & Millichap

  • Robert Scott

    Buyer's Agent in 2020

    Robert Scott

    Toro Property Company

    (510) 910-5179

    1 in this area

    7 Total Sales

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Map

Source: bridgeMLS

MLS Number: 40925001

bridgeMLS

APN: 507-0280-001-01

California Alameda County Fremont 94536 Niles

37304 Niles Blvd, Fremont, CA

This home is located at 37304 Niles Blvd, Fremont, CA 94536 since 12 October 2020 and is currently estimated at $2,644,127, approximately $298 per square foot. This property was built in 1922. 37304 Niles Blvd is a home located in Alameda County with nearby schools including Niles Elementary School, Centerville Junior High School, and Washington High School.

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bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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