NOT LISTED FOR SALE

40920 Olmstead Terrace Fremont, CA 94538

Irvington Neighborhood

Estimated Value: $1,165,000 - $1,764,473

3 Beds
3.5 Baths
1,428 Sq Ft
$1,079/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $1,400,000 $980 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,492/month

5 Days on Market

Highlights

  • Private Pool
  • 0.41 Acre Lot
  • Granite Countertops
  • O. N. Hirsch Elementary School Rated A
  • High Ceiling
  • Balcony

About This Home

As of March 2023

With three bedrooms that all have attached full baths, an additional half bath, a ground floor junior suite, tons of upgrades, and being walking distance to top-rated Hirsch Elementary, Horner Middle School & Irvington High School this East facing gem will not last long! Tucked away in the highly sought after Irvington Community, this modern townhome, that is larger than some single-family homes, offers 1,428 square feet of sophisticated living space. 19-foot-high ceilings and an open floor plan allows for natural light to flow throughout. The chefs kitchen features stainless steel appliances, gas range, granite countertops, and kitchen island with bar seating. Enjoy central AC & heat throughout as well as an electric car charger inside the oversized garage that includes additional storage and epoxy flooring. With rare low HOA fees that include access to the pool/playground/BBQ area/tot-lot area this property is truly a must see!

Last Agent to Sell the Property

Jennifer Long

Intero Real Estate Services License #02020098 Listed on: 03/02/2023

Intero Real Estate Services

Last Buyer's Agent

Andrew Nguyen

Light Realty Inc. License #02125695

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,002

Year Built

  • Built in 2010

Lot Details

  • East Facing Home
  • Grass Covered Lot

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,428 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Dining Area
  • Laundry in unit

Kitchen

  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, exterior painting, insurance - common area, maintenance - common area, pool spa or tennis
  • Park Lane West Community Association
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 525-1673-238

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,002

Year Built

Built in 2010

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Parking Restrictions, Pets - Rules
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 1428
  • Year Built: 2010
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Island, Pantry, Refrigerator
  • Living Sq Ft: 1428
  • Stories: 3
  • Laundry: Inside
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Shingle
  • Yard/Grounds: Balcony / Patio, BBQ Area, Low Maintenance
  • Pool: Yes
  • Property Faces: East

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 2 (240 volts)

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 280
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area, Maintenance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: Park Lane West Community
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Fremont Unified

Lot Info

  • Parcel Number: 525-1673-238
  • Lot Acres: 0.4060
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 17687.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 17687.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Fremont Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2023
Closed on
Mar 9, 2023
Sold by
Jackson Karen and Jackson Shaun M
Bought by
Leung Erica Mun-Chi
Seller's Agent
Jennifer Long
Intero Real Estate Services
Buyer's Agent
Andrew Nguyen
Light Realty Inc.
List Price
$1,299,000
Sold Price
$1,400,000
Premium/Discount to List
$101,000
7.78%
Views
34
Current Estimated Value
$1,606,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,337
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
May 2, 2011
Sold by
Tri City Gardens Ii Llc
Bought by
Jackson Karen and Jackson Shaun M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,170
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Leung Erica Mun-Chi $1,400,000 Chicago Title
Jackson Karen -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Karen $523,000
Previous Owner Jackson Karen $100,000
Previous Owner Jackson Karen $420,000
Previous Owner Jackson Karen $421,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $1,400,000 +7.8% $980 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
03/02/2023 03/02/23 For Sale $1,299,000 -- $910 / Sq Ft
Source: MLSListings

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 $17,002 $1,456,560 $436,968 $1,019,592
2024 $17,002 $1,428,000 $428,400 $999,600
2023 $8,685 $708,037 $225,340 $482,697
2022 $8,568 $687,157 $220,923 $473,234
2021 $8,358 $673,546 $216,591 $463,955
2020 $8,367 $673,571 $214,371 $459,200
2019 $8,272 $660,370 $210,170 $450,200
2018 $8,109 $647,426 $206,050 $441,376
2017 $7,906 $634,735 $202,011 $432,724
2016 $7,769 $622,293 $198,051 $424,242
2015 $7,663 $612,950 $195,078 $417,872
2014 $7,530 $600,943 $191,256 $409,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81917081

MLSListings

APN: 525-1673-238-00