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Stealpad › Fremont, CA › Cherry-Guardino › 38910 Cherry Glen Cmn
38910 Cherry Glen Cmn — 2 bd condo for sale in Cherry-Guardino, Fremont
35Priced high

38910 Cherry Glen Cmn

Cherry-Guardino, Fremont, CA · 94536
$729,000 11% above mkt
2 bd · 2 ba · 1,168 sqft · $624/sf
HOA $550/mo · 🏢 fee history ↓ · 33 days on market · built 1987
⚖️ Adjusted valueOverpricedasking is +11% over fair value
Model fair value · 97 sold comps · ±8%$655,594
vs model fair value · size · beds/baths · age · HOA · location+11%
Condition · Avg / verify in person0
Price history · limited sale history0
📐 How this Deal Score was built35Priced high
Value gap · asking vs model fair value, after condition & price history−13.2
HOA burden · $550/mo = 0.91%/yr of price vs a 1.33% norm — at or below normal, no charge0
Days on market · 33 days — not long enough to give you leverage0
Raw advantage · the three above, combined−13.2
Model confidence · strong — ±8% typical model error across 97 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×1
Deal Score35/100

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

$5,428/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$4,038
Property tax (1.30% effective)$790
Insurance (estimate)$50
HOA dues$550
Total monthly$5,428
Rough cash to close$164,025

26% of that payment is not the mortgage. The HOA fee alone is $33,000 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $4,878.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($36,450). 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 ($550 in 2026), not enough for a trend yet. The listing shows $550/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
  • Low HOA (0.9%/yr)
⚠️ Cons
  • 11% above model fair value
  • HOA $550/mo
🚩 Red flags
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Photos

Price history (this unit)

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Description

SOARING HIGH CEILINGS, ABUNDANT NATURAL LIGHT & EXCELLENT PRIVACY IN CENTRAL FREMONT! Welcome to 38910 Cherry Glen Common, a beautifully updated 2-bedroom, 2-bath home in a prime Central Fremont location. Situated on the second floor, this inviting home features a spacious, functional floor plan with impressive high ceilings and abundant natural light. The updated kitchen offers modern finishes and flows seamlessly into the living and dining areas, while stylish vinyl flooring adds a fresh, contemporary touch. Step outside to a private balcony surrounded by mature greenery, creating a peaceful retreat with excellent privacy. Both bedrooms are generously sized, including a comfortable…

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