NOT LISTED FOR SALE

38468 Redwood Terrace Fremont, CA 94536

Parkmont Neighborhood

Estimated Value: $851,000 - $1,006,145

2 Beds
2.5 Baths
1,400 Sq Ft
$385/mo HOA Fee

Last Sold July 20, 2023

Last sale price $998,000 $713 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $6,292/month

9 Days on Market

Highlights

  • Updated Kitchen
  • 1.29 Acre Lot
  • Solid Surface Countertops
  • Parkmont Elementary School Rated A
  • Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of July 2023

Welcome to this Beautiful North Facing townhouse style condo nestled in the highly desirable Parkmont community with Top Rated Schools! Located within walking distance to Parkmont Elementary & BART Station. The home boasts a flowing 2-story floor plan w/lots of natural light, 2 bed + Loft, 2.5 baths, 2 balconies, & 2 car attached garage. The contemporary design kitchen presents luminous functionality for cooking and entertaining. It offers modern composite granite countertops, breakfast bar, pendant lights, stainless steel appliances, recess lights, walk-in pantry, & spacious eating area. The inviting Living room offers a beautiful fireplace, new laminate flooring, recess lighting & large sliding glass door leading to the spacious enclosed patio. The Elegant & inviting primary suite with private balcony, showcasing a beautiful sunken tub, new custom vanity, his & hers closets with closet organizers and a vaulted ceiling offers a touch of modern sophistication. Addt'l features incl: laminate flooring throughout, new chandeliers, closet organizers, A/C & large enclosed patio w/new landscaping. Located a short distance to Lake Elizabeth, shopping & restaurants. Easy access to freeway, Tesla, Silicon Valley & Peninsula. Don't miss the opportunity to own this great home!

Last Agent to Sell the Property

Frances Navarro

Legacy Real Estate & Assoc. License #01398249 Listed on: 06/20/2023

Last Buyer's Agent

May Pu

Alliance Bay Realty License #01851688

Alliance Bay Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,945

Year Built

  • Built in 1982

Lot Details

  • Wood Fence
  • Garden

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5077957

Community Details

Overview

  • Association fees include exterior maintenance, management fee, ground maintenance, trash, water/sewer
  • 52 Units
  • Mowry Gardens HOA, Phone Number (925) 249-8800
  • Parkmont Subdivision
  • Greenbelt

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,945

Year Built

Built in 1982

Lot Details

0

HOA Fees

$385 per month

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 1.29
  • Subdivision Name: PARKMONT
  • Directions: North
  • Architectural Style: Contemporary
  • Building Name: The Redwoods
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Disposal, Plumbed For Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Counter - Solid Surface, Eat-in Kitchen, Pantry, Updated Kitchen
  • Room Kitchen Features: Breakfast Bar, Counter - Solid Surface, Dishwasher, Eat In Kitchen, Electric Range/Cooktop, Garbage Disposal, Ice Maker Hookup, Microwave, Pantry, Refrigerator, Self-Cleaning Oven, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Fencing: Wood
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Unit Faces Common Area, Garden, Low Maintenance
  • Foundation Details: Other
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Enclosed

Utilities

  • Heating: Forced Air
  • Utilities: All Public Utilities
  • Cooling: Central Air
  • Laundry Features: Dryer, Laundry Room, Washer
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Greenbelt, Guest Parking
  • Association Fee: 385
  • Association Fee Frequency: Monthly
  • Association Name: MOWRY GARDENS HOA
  • Phone: 925-249-8800
  • Association: Yes
  • Pets Allowed: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Management Fee, Maintenance Grounds, Trash, Water/Sewer

Lot Info

  • Lot Size Sq Ft: 56280
  • Parcel Number: 5077957
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Jul 14, 2023
Sold by
Jayakar Family Revocable Trust
Bought by
Sheng Linqian
Seller's Agent
Frances Navarro
Legacy Real Estate & Assoc.
Buyer's Agent
May Pu
Alliance Bay Realty
List Price
$949,850
Sold Price
$998,000
Premium/Discount to List
$48,150
5.07%
Views
48
Current Estimated Value
$938,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,464
Avg. Annual Appreciation
-2.67%
Original Mortgage
$450,000
Outstanding Balance
$439,105
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$499,431

Purchase Details

Closed on
Aug 11, 2021
Sold by
Jayakar Kalpesh and Jayakar Harshita
Bought by
Jayakar Kalpesh and Jayakar Harshita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,900
Interest Rate
2.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2021
Sold by
Jayakar Kalpesh S and Jayakar Harshita K
Bought by
Jayakar Kalpesh S and Jayakar Harshita K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,900
Interest Rate
2.28%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2014
Closed on
Oct 22, 2014
Sold by
Jiang Bing and Tang Hong
Bought by
Jayakar Kalpesh S and Jjayakar Harshita K
Seller's Agent
Ben Jiang
Goodview Financial & Real Estate
Buyer's Agent
Omar Murillo
Everhome
List Price
$549,888
Sold Price
$548,000
Premium/Discount to List
-$1,888
-0.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$493,145
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2014
Sold by
Anchuparayll Premodh
Bought by
Jiang Bing and Tang Hong

Purchase Details

Closed on
Mar 21, 2006
Sold by
Balangauan Angelyn Q
Bought by
Anchuparayll Premodh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2004
Sold by
Dixon Gabriel
Bought by
Anchuparayil Premodh and Balangauan Angelyn Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 13, 1998
Sold by
Kistner Debra J
Bought by
Dixon Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,400
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 1997
Sold by
Saques George M and Saques Orfilia M
Bought by
Kistner Debra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,150
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 1997
Sold by
Kistner Thomas J
Bought by
Kistner Debra Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,150
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Sheng Linqian $998,000 Old Republic Title Company
Jayakar Kalpesh -- None Available
Jayakar Kalpesh S -- Servicelink
Jayakar Kalpesh S $548,000 First American Title Company
Jiang Bing $465,000 First American Title Company
Anchuparayll Premodh -- Financial Title Company
Anchuparayil Premodh $395,000 Ticor Title Company Of Ca
Dixon Gabriel $212,000 North American Title Co
Kistner Debra J $173,500 Chicago Title Co
Kistner Debra Jo -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheng Linqian $450,000
Previous Owner Jayakar Kalpesh S $195,900
Previous Owner Jayakar Kalpesh S $493,145
Previous Owner Anchuparayll Premodh $440,000
Previous Owner Anchuparayil Premodh $316,000
Previous Owner Dixon Gabriel $201,400
Previous Owner Kistner Debra J $156,150
Closed Anchuparayil Premodh $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $998,000 -- --
07/20/2023 07/20/23 Sold $998,000 +5.1% $713 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $949,850 +73.3% $678 / Sq Ft
10/29/2014 10/29/14 Sold $548,000 -1.3% $391 / Sq Ft View Prior Sale
10/08/2014 10/08/14 Pending -- -- --
09/12/2014 09/12/14 Price Changed $555,000 +0.9% $396 / Sq Ft
08/01/2014 08/01/14 For Sale $549,888 -- $393 / Sq Ft
Source: Bay East Association of REALTORS®

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 $11,945 $1,010,960 $305,388 $712,572
2024 $11,945 $991,000 $299,400 $698,600
2023 $7,817 $633,021 $189,906 $443,115
2022 $7,713 $620,610 $186,183 $434,427
2021 $7,531 $608,444 $182,533 $425,911
2020 $7,531 $602,207 $180,662 $421,545
2019 $7,446 $590,403 $177,121 $413,282
2018 $7,301 $578,830 $173,649 $405,181
2017 $7,119 $567,480 $170,244 $397,236
2016 $6,996 $556,356 $166,907 $389,449
2015 $6,913 $548,000 $164,400 $383,600
2014 $5,927 $461,942 $137,435 $324,507
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41030835

Bay East Association of REALTORS®

APN: 507-0795-007-00