🏠 Stealpad
/
Stealpad › Fremont, CA › Warm Springs › 247 E Warren Cmn
247 E Warren Cmn — 1 bd condo for sale in Warm Springs, Fremont
51Fair price

247 E Warren Cmn

Warm Springs, Fremont, CA · 94539
$389,000 ~at market (-5%)
1 bd · 1 ba · 665 sqft · $585/sf
HOA $623/mo · 🏢 fee history ↓ · 36 days on market · built 1982
⚖️ Adjusted valueFairly pricedasking is 5% under fair value
Model fair value · 30 sold comps · ±8%$419,067
vs model fair value · size · beds/baths · age · HOA · location−7%
Condition · Avg / verify in person0
Price history · ≈3% below its peak+2%
📐 How this Deal Score was built51Fair price
Value gap · asking vs model fair value, after condition & price history+6
HOA burden · $623/mo = 1.92%/yr of price vs a 1.33% norm−4.7
Days on market · 36 days — not long enough to give you leverage0
Raw advantage · the three above, combined+1.3
Model confidence · strong — ±8% typical model error across 30 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×1
Deal Score51/100

Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.

💵What this unit actually costs per month

$3,249/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$2,155
Property tax (1.30% effective)$421
Insurance (estimate)$50
HOA dues$623
Total monthly$3,249
Rough cash to close$87,525

34% of that payment is not the mortgage. The HOA fee alone is $37,380 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,626.

Financing type

FHA-approved project. A 3.5%-down FHA loan is available here — about $13,615 down instead of $77,800. That also keeps low-down-payment buyers in the pool when you come to sell.

Minimum realistic down payment here: 3.5% · verify on HUD's lookup

Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.

This building's HOA fees

We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($623 in 2026), not enough for a trend yet. The listing shows $623/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.

🏢 Get this building's free HOA report →
✅ Positives
  • Cheapest of 9 tracked in Warm Springs
  • In-unit W/D
⚠️ Cons
  • HOA $623/mo
  • Photos look dim — verify light in person
🚩 Red flags
—

Photos

Price history (this unit)

Trough $76,000 Feb 29, 1984Now $389,000Peak $399,000 Sep 5, 2026
Current list price is 3% below its peak · +412% above its trough.
  • Sep 5, 2026 — Listed $399,000
  • Mar 25, 1991 — Sold (Public Records) $105,000
  • Feb 29, 1984 — Sold (Public Records) $76,000

Description

Why rent when you can own this ground-floor condo in Fremont’s desirable Warm Springs neighborhood? With no steps to the entry, this home offers a comfortable floor plan along with a private front courtyard and patio area. Recent improvements include refreshed interior paint, flooring and light fixtures, plus a remodeled bathroom. The kitchen opens to the main living area, and the spacious bedroom also provides direct access to the patio. In-unit laundry and one covered parking space add everyday convenience. Mission Springs is a beautifully maintained community with mature trees, landscaped greenbelts and flowering plants throughout. Community amenities include a pool and a covered picnic…

More steals in Warm Springs

See all 23 condos in Warm Springs →