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StealpadFremont, CAWarm Springs287 E Warren Ave
287 E Warren Ave — 1 bd condo for sale in Warm Springs, Fremont
32Overpriced

287 E Warren Ave

Warm Springs, Fremont, CA · 94539
$455,000 13% above mkt
1 bd · 1 ba · 665 sqft · $684/sf
HOA $623/mo · 🏢 fee history ↓ · 7 days on market · built 1982
⚖️ Adjusted valueOverpricedasking is +12% over fair value
Model fair value · 33 sold comps · ±8%$425,346
vs model fair value · size · beds/baths · age · HOA · location+7%
Condition · Avg / verify in person0
Price history · at/near its all-time high+5%
📐 How this Deal Score was built32Overpriced
Value gap · asking vs model fair value, after condition & price history−14.4
HOA burden · $623/mo = 1.64%/yr of price vs a 1.34% norm−2.4
Days on market · 7 days — not long enough to give you leverage0
Raw advantage · the three above, combined−16.8
Model confidence · strong — ±8% typical model error across 33 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×1
Deal Score32/100

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

$3,503/mo all-in
20% down at 6.65% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$2,337
Property tax (1.30% effective)$493
Insurance (estimate)$50
HOA dues$623
Total monthly$3,503
Rough cash to close$102,375

33% 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 $2,880.

Financing type

FHA-approved project. A 3.5%-down FHA loan is available here — about $15,925 down instead of $91,000. 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 2026-08-20 — 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
  • In-unit W/D
⚠️ Cons
  • HOA $623/mo
  • Photos look dim — verify light in person
🚩 Red flags

Photos

Price history (this unit)

Trough $105,000 Feb 23, 1990Now $455,000Peak $350,000 Jul 6, 2015
Current list price is +30% above its prior peak (listed at an all-time high) · +333% above its trough.
  • Jul 6, 2015 — Sold (MLS) $350,000
  • Jul 3, 2015 — Sold (MLS) $350,000
  • Jul 2, 2015 — Sold (Public Records) $350,000
  • Jun 10, 2015 — Listed $309,000
  • Jun 10, 2015 — Listed $309,000
  • May 31, 2005 — Sold (MLS) $330,000

Description

Ground floor unit with a large private patio, Move-In ready, New Floor, New Paint, New Refrigerator, New Range, New Rangehood, New light fixtures, New bathroom, New toilet, New Shower Doors, New mirror, New faucets, Washer and Dryer in unit, Carport #C7, No Rental Restrictions, Top-rated schools, including James Leitch & Warm Springs Elementary, and the prestigious Irvington High School District. Minutes from Tesla, with effortless access to both I-680 and I-880. Step outside to find yourself walking distance to community parks, diverse dining, supermarkets, banks, and the post office.

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