NOT LISTED FOR SALE

40973 Gramercy Terrace Fremont, CA 94538

Irvington Neighborhood

Estimated Value: $1,233,000 - $1,703,892

4 Beds
3.5 Baths
1,639 Sq Ft
$937/Sq Ft Est. Value

Last Sold April 10, 2023

Last sale price $1,400,000 $854 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,876/month

7 Days on Market

Highlights

  • Private Pool
  • 2 Car Attached Garage
  • Combination Dining and Living Room
  • O. N. Hirsch Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of April 2023

Charming Townhome is desirable in the top rated Irvington District! It features 4 bedrooms and 3.5 bathrooms. Ground-level suite w/full bath for guests. A patio/front yard is great for relaxing air and garden. Open second floor has an upgraded gourmet modern kitchen with all SS appliances, upgraded customized cabinets and an island. The living room is designed perfect for family and friends. Third floor includes three bedrooms. The luxurious Master bedroom has a WIC and double-sink vanity, upgraded stall shower and soaking tub. The other bedrooms are spacious with great natural lights. Central heating and cooling. Side-by-side 2 car garage. Upgrades include flooring, double pane windows, and lighting fixtures.Walking distance to great schools. Amazing locations close to Lake Elizabeth, BART, Costco, Wholefood, Tesla Factory, to 680/880 Freeways and More! Low HOA covers landscaping and gated swimming pools!. Come by and fall in love with this gem!

Last Agent to Sell the Property

Sharon Wang

BQ Realty License #02089426 Listed on: 03/06/2023

BQ Realty

Co-Listed By

Alice Sun

BQ Realty License #02079032

Last Buyer's Agent

Nagaraj Annaiah

Cheetah License #02110146

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,002

Year Built

  • Built in 2012

Lot Details

  • 0.64

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,639 Sq Ft Home
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 525-1673-274

Community Details

Overview

  • Association fees include common area electricity, maintenance - common area, pool spa or tennis
  • Park Lane West Owners Association

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,002

Year Built

Built in 2012

Lot Details

0

HOA Fees

$280 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Age: 11
  • Listing Class: Residential
  • Structure Sq Ft: 1639
  • Year Built: 2012
  • Zoning Description: R
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1639
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 280
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Maintenance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: PARK LANE WEST OWNERS ASSOCIATION
  • H O A Exist: Yes

Schools

  • School District: Fremont Unified

Lot Info

  • Parcel Number: 525-1673-274

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 6, 2023
Closed on
Mar 30, 2023
Sold by
Bu Fanbin and Bu Yingliang
Bought by
Kadam Ashwini Kalyan and Naik Prathamesh Vasudeo
Seller's Agent
Sharon Wang
BQ Realty
Buyer's Agent
Nagaraj Annaiah
Cheetah
List Price
$1,338,600
Sold Price
$1,400,000
Premium/Discount to List
$61,400
4.59%
Views
25
Current Estimated Value
$1,535,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,223
Avg. Annual Appreciation
5.93%
Original Mortgage
$1,259,900
Outstanding Balance
$1,215,040
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$395,451
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
Kadam Ashwini Kalyan $1,400,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadam Ashwini Kalyan $1,259,900
Previous Owner Bu Fanbin $335,000
Previous Owner Bu Fanbin $401,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2023 04/10/23 Sold $1,400,000 +4.6% $854 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $1,338,600 -- $817 / 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 $8,130 $651,783 $168,891 $482,892
2022 $8,020 $639,004 $165,580 $473,424
2021 $7,825 $626,478 $162,334 $464,144
2020 $7,827 $620,058 $160,670 $459,388
2019 $7,740 $607,905 $157,521 $450,384
2018 $7,589 $595,990 $154,434 $441,556
2017 $7,401 $584,306 $151,406 $432,900
2016 $7,273 $572,850 $148,438 $424,412
2015 $7,174 $564,249 $146,209 $418,040
2014 $7,049 $553,197 $143,345 $409,852
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81920710

MLSListings

APN: 525-1673-274-00