NOT LISTED FOR SALE

40398 Fremont Blvd Fremont, CA 94538

Downtown Fremont Neighborhood

Estimated Value: $1,880,000 - $2,271,180

6 Beds
4 Baths
2,540 Sq Ft
$817/Sq Ft Est. Value

Last Sold October 19, 2021

Last sale price $1,950,000 $768 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $13,023/month

43 Days on Market

Highlights

  • 0.49 Acre Lot
  • No HOA
  • Baseboard Heating
  • J. Haley Durham Elementary School Rated A-
  • Detached Garage
  • Wood Siding

About This Home

As of October 2021

A rare opportunity in the heart of Fremont! Great income properties! Five separate single homes on 1 huge lot. Amazing opportunity for the contractors! Single homes consisting of 3 one-bedroom/ one bath and two- two bedrooms/ one bath. Easy access to schools, shopping and freeways 680, 880 and 84. Close proximity to County Library and BART. Excellent, central location near the heart of Silicon Valley. Don't miss out on this wonderful opportunity!

Last Agent to Sell the Property

Afarin Karimi

Bhg Reliance Partners License #01024614 Listed on: 08/24/2021

Bhg Reliance Partners

Last Buyer's Agent

Claudine Himan

Compass License #01967988

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,272

Year Built

  • Built in 1935

Lot Details

  • 0.49 Acre Lot
  • Back Yard

Home Design

  • Wood Siding

Flooring

  • Laminate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • Detached Garage
  • Carport

Utilities

  • Wall Furnace
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2,540 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 525080203402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,272

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Year Built: 1935
  • Property Sub Type: 3+ Houses on Lot
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.49
  • Directions: Stevenson to Fremont Blvd
  • Carport Y N: Yes
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Other
  • Basement: None
  • Appliances: Electric Water Heater, Gas Water Heater
  • Total Bedrooms: 6
  • Fireplace: No
  • Interior Amenities: Storage Area(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Wood Siding
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Detached

Utilities

  • Heating: Baseboard, Wall Furnace
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Fremont (510) 657-2350

Lot Info

  • Lot Size Sq Ft: 21537
  • Parcel Number: 525080203402
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 11, 2021
Sold by
Duke Mark H and Duke Jill L
Bought by
Burubu Pydi Raju and Chinta Radharani
Seller's Agent
Afarin Karimi
Bhg Reliance Partners
Buyer's Agent
Claudine Himan
Compass
List Price
$1,998,888
Sold Price
$1,950,000
Premium/Discount to List
-$48,888
-2.45%
Current Estimated Value
$2,075,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,590
Avg. Annual Appreciation
1.56%
Original Mortgage
$1,462,550
Outstanding Balance
$1,327,803
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$747,787

Purchase Details

Closed on
Jan 20, 2011
Sold by
Hassett Eric and Hassett Felicia
Bought by
Hassett Eric and Hassett Felicia

Purchase Details

Closed on
Jul 19, 2005
Sold by
Duke Mark and Duke Jill
Bought by
Duke Mark H and Duke Jill L

Purchase Details

Closed on
Mar 4, 2004
Sold by
Hassett Eric and Hassett Felicia
Bought by
Hassett Eric and Hassett Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 2003
Sold by
Hassett Eric and Hassett Erick
Bought by
Hassett Eric and Hassett Felicia

Purchase Details

Closed on
Aug 23, 2002
Sold by
Hassett Eric and Duke Mark
Bought by
Hassett Erick and Duke Mark

Purchase Details

Closed on
Jun 15, 1994
Sold by
Hassett Eric and Duke Mark
Bought by
Hassett Eric and Duke Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.56%

Purchase Details

Closed on
Nov 10, 1993
Sold by
Childrens Hsptl Medical Cntr Foundation
Bought by
Hassett Eric and Duke Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1993
Sold by
Hassett Felicia
Bought by
Hassett Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.88%
Mortgage Type
Commercial
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
Burubu Pydi Raju $1,950,000 Old Republic Title Company
Hassett Eric -- None Available
Duke Mark H -- --
Hassett Eric -- Ticor Title Company Of Ca
Hassett Eric -- --
Hassett Erick -- --
Hassett Eric $5,000 --
Hassett Eric $250,000 Old Republic Title Company
Hassett Eric -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burubu Pydi Raju $1,462,550
Previous Owner Hassett Eric $520,000
Previous Owner Hassett Eric $50,000
Previous Owner Hassett Eric $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,950,000 -- --
10/19/2021 10/19/21 Sold $1,950,000 -2.4% $768 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $1,998,888 0.0% $787 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $1,998,888 -- $787 / 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 $25,272 $2,069,340 $636,720 $1,432,620
2024 $25,272 $2,028,780 $624,240 $1,404,540
2023 $24,499 $1,989,000 $612,000 $1,377,000
2022 $24,166 $1,950,000 $600,000 $1,350,000
2021 $6,611 $413,490 $334,485 $79,005
2020 $6,371 $409,252 $331,057 $78,195
2019 $6,312 $401,229 $324,567 $76,662
2018 $6,177 $393,365 $318,205 $75,160
2017 $6,022 $385,653 $311,967 $73,686
2016 $5,902 $378,094 $305,852 $72,242
2015 $5,824 $372,417 $301,260 $71,157
2014 $5,694 $365,124 $295,360 $69,764
Source: Public Records

Agents Affiliated with this Home

  • Afarin Karimi

    Seller's Agent in 2021

    Afarin Karimi

    Better Homes and Gardens Real Estate Reliance Partners

    (510) 299-5600

    1 in this area

    16 Total Sales

    Afarin Karimi
    Section Image
  • Claudine Himan

    Buyer's Agent in 2021

    Claudine Himan

    Compass

    (510) 468-7151

    1 in this area

    55 Total Sales

    Claudine Himan
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40964476

Bay East Association of REALTORS®

APN: 525-0802-034-02

California Alameda County Fremont 94538 Downtown Fremont

40398 Fremont Blvd, Fremont, CA

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