3695 Stevenson Blvd Unit E116
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
30% of that payment is not the mortgage. The HOA fee alone is $27,600 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,961.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($23,400). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 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
✅ Fairly steady · +4.6%/yrReconstructed from 19 units of recorded sales at 3695 Stevenson Blvd — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues have held relatively steady (about +4.6%/yr over 4 years across 19 units) — a good sign. Only the reserve study confirms the building is keeping up with its big-ticket repairs.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- In-unit W/D
- Garage parking
- Low HOA (1.2%/yr)
⚠️ Cons
- Photos look dim — verify light in person
🚩 Red flags
Photos
Price history (this unit)
- Aug 20, 2026 — Listed $468,000
- Aug 20, 2026 — Listed $468,000
Description
Welcome to this beautifully updated, ground-floor end unit in the desirable Alta Mar Villas community. Featuring a bright, open floor plan with brand-new LVP flooring, modern recessed lighting, and fresh paint throughout. The light-filled living area flows seamlessly into a functional layout, perfect for everyday living and entertaining with newer appliances. Resort-style community amenities include a pool. spa, clubhouse, and fitness center. Ideally located in central Fremont, just minutes to Central Park/Lake Elizabeth, Fremont BART, Shopping, Dining, Kaiser Hospital, and major commute corridors (I-880/I-680). This low-maintenance, move-in ready condo could be yours today!