NOT LISTED FOR SALE

38870 Bell St Fremont, CA 94536

Glenmoor Neighborhood

Estimated Value: $1,798,480 - $2,200,000

8 Beds
4 Baths
4,199 Sq Ft
$464/Sq Ft Est. Value

Last Sold October 03, 2024

Last sale price $1,900,000 $452 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,685/month

11 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Coin Laundry
  • Tom Maloney Elementary School Rated A
  • Garden

About This Home

As of October 2024

We are pleased to present 38870 Bell Street, located in the vibrant city of Fremont, California. This rare and well maintained opportunity features four (4)-units, comprised of all two-bedroom floor plans with approximately 4,199 square feet of rentable space. Situated in one of the Bay Area's most desirable and tranquil cities, 38870 Bell Street offers a prime location within walking distance to major commercial hubs like The Fremont Hub and the rapidly evolving Downtown Fremont. Residents will enjoy the convenience of nearby attractions such as Fremont Central Park (Lake Elizabeth), Mission Peak, Mission San Jose, and access to some of the East Bay's most celebrated regional parks and trails. This opportunity offers savvy investors a rare chance to enter a market characterized by low transaction velocity, strong income demographics, robust employment fundamentals, high occupancy rates, and a prime centralized Bay Area location.

Last Agent to Sell the Property

Isaac Merritt

ALIVE Commercial Real Estate License #02153945 Listed on: 08/19/2024

Last Buyer's Agent

rashmi bhargava

ARAA REALTY License #01838162

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,405 Sq Ft Lot
  • Garden

Home Design

  • Quadruplex
  • Garden Apartment
  • Brick Exterior Construction
  • Concrete Foundation
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,199 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 6 Parking Spaces
  • Carport
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Property is located within a water district

Listing and Financial Details

  • Assessor Parcel Number 5010-9370-4

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments, Garden Apartments
  • Property Subtype 1: Quadruplex
  • Year Built: 1970
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Price Per Square Foot: 452.49
  • Square Footage: 4199.00

Exterior Features

  • Construction Materials: Brick, Stucco, Wood
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1950000.00
  • Lot Features: Garden
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Off Street, Carport, Street
  • Total Parking Spaces: 6.00

Utilities

  • Security: Other
  • Sewer: Public Sewer
  • Utilities: Electric, Other
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Fremont Unified

Lot Info

  • Zoning Description: N/A
  • Irrigation: Other
  • Lot Size Acres: 0.1700
  • Lot Size Sq Ft: 7405.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only","Laundry"]
  • Number of Leased Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 5010-9370-4
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Alameda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Sep 25, 2024
Sold by
Bhargava Aakrati
Bought by
Bhargava Ankit
Seller's Agent
Isaac Merritt
ALIVE Commercial Real Estate
Buyer's Agent
rashmi bhargava
ARAA REALTY
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%
Views
16
Current Estimated Value
$1,950,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,120
Avg. Annual Appreciation
1.80%
Original Mortgage
$1,425,000
Outstanding Balance
$1,408,951
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$541,169

Purchase Details

Listed on
Aug 19, 2024
Closed on
Sep 23, 2024
Sold by
Lai Vinh Dac and Huynh Hoa Ngoc
Bought by
Bhargava Ankit
Seller's Agent
Isaac Merritt
ALIVE Commercial Real Estate
Buyer's Agent
rashmi bhargava
ARAA REALTY
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,425,000
Outstanding Balance
$1,408,951
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$541,169

Purchase Details

Closed on
Sep 22, 2017
Sold by
Lai Vinh Dac and Huynh Hoa Nhoc
Bought by
Lai Vinh Dac and Huynh Hoa Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2004
Sold by
Baker Ricky L and Baker Janet
Bought by
Lai Vinh D and Huynh Hoa Ngoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bhargava Ankit -- Fidelity National Title
Bhargava Ankit $1,900,000 Fidelity National Title
Lai Vinh Dac $176,500 Old Republic Title Company
Lai Vinh D $855,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhargava Ankit $1,425,000
Previous Owner Lai Vinh Dac $529,000
Previous Owner Lai Vinh D $641,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $1,900,000 -2.6% $452 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $1,950,000 -- $464 / Sq Ft
Source: MetroList

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 $17,126 $1,900,000 $650,000 $1,250,000
2024 $17,126 $1,284,598 $400,999 $883,599
2023 $16,616 $1,259,412 $393,137 $866,275
2022 $16,335 $1,234,725 $385,431 $849,294
2021 $15,970 $1,210,517 $377,874 $832,643
2020 $15,761 $1,198,111 $374,002 $824,109
2019 $15,590 $1,174,624 $366,670 $807,954
2018 $15,276 $1,151,598 $359,482 $792,116
2017 $13,701 $1,026,837 $308,051 $718,786
2016 $13,460 $1,006,710 $302,013 $704,697
2015 $13,293 $991,594 $297,478 $694,116
2014 $13,065 $972,177 $291,653 $680,524
Source: Public Records

Agents Affiliated with this Home

  • Isaac Merritt

    Seller's Agent in 2024

    Isaac Merritt

    ALIVE Commercial Real Estate

    (530) 401-1885

    1 in this area

    12 Total Sales

    Isaac Merritt
    Section Image

  • r

    Buyer's Agent in 2024

    rashmi bhargava

    ARAA REALTY

    (408) 834-7407

    1 in this area

    14 Total Sales

    rashmi bhargava
    Section Image
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Map

Source: MetroList

MLS Number: 224092114

MetroList

APN: 501-0930-007-04

California Alameda County Fremont 94536 Glenmoor

38870 Bell St, Fremont, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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