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Stealpad › Fremont, CA › Centerville › 37168 Meadowbrook Cmn #304
37168 Meadowbrook Cmn #304 — 1 bd condo for sale in Centerville, Fremont
49Fair price

37168 Meadowbrook Cmn #304

Centerville, Fremont, CA · 94536
$365,000 ~at market (-6%)
1 bd · 1 ba · 712 sqft · $513/sf
HOA $741/mo · 🏢 fee history ↓ · Floor 3 · 55 days on market · built 1984
⚠️ HOA trap
⚖️ Adjusted valueFairly pricedasking is 6% under fair value
Model fair value · 3 sold comps · ±8%$394,973
vs model fair value · size · beds/baths · age · HOA · location−8%
Condition · Refreshed white kitchen; carpet living+1%
Price history · ≈9% below its peak+1%
📐 How this Deal Score was built49Fair price
Value gap · asking vs model fair value, after condition & price history+7.2
HOA burden · $741/mo = 2.44%/yr of price vs a 1.33% norm−8.8
Days on market · 55 days — not long enough to give you leverage0
Raw advantage · the three above, combined−1.6
Model confidence · moderate — ±8% typical model error across 3 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.8
Deal Score49/100

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

$3,208/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$2,022
Property tax (1.30% effective)$395
Insurance (estimate)$50
HOA dues$741
Total monthly$3,208
Rough cash to close$82,125

37% of that payment is not the mortgage. The HOA fee alone is $44,460 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,467.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($18,250). 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 2026-10-08 — 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 ($741 in 2026), not enough for a trend yet. The listing shows $741/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
  • On market 55 days → some leverage
  • Upper floor (fl 3)
  • In-unit W/D
⚠️ Cons
  • HOA $741/mo
🚩 Red flags
  • Listed BELOW its 2022 sale ($385k) → value eroding

Photos

Price history (this unit)

Trough $149,999 Oct 21, 2009Now $365,000Peak $399,000 May 18, 2022
Current list price is 9% below its peak · +143% above its trough.
  • Jul 3, 2026 — Price Changed $385,000
  • Mar 18, 2026 — Listed $387,888
  • Jul 18, 2022 — Sold (MLS) $385,000
  • Jul 18, 2022 — Sold (Public Records) $385,000
  • May 18, 2022 — Listed $399,000
  • Jun 23, 2016 — Sold (MLS) $365,000

Description

Beautiful top-floor condo featuring soaring cathedral ceilings and abundant natural sunlight. This spacious 1 bedroom, 1 bathroom home offers a huge bedroom, updated kitchen, newer flooring, cozy fireplace, and convenient in-unit indoor laundry. Located on the third floor with plenty of storage and a designated parking space. Enjoy the security of a gated community with resort-style swimming pools and lush grounds. Prime Fremont location close to shopping, restaurants, major Silicon Valley employers, and easy access to highways and commute routes. Situated within highly regarded Fremont schools.

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