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Stealpad › Fremont, CA › Irvington › 39951 Parada St Unit A
39951 Parada St Unit A — 2 bd condo for sale in Irvington, Fremont
54Fair price

39951 Parada St Unit A

Irvington, Newark, CA · 94560
$595,000 ~at market (-5%)
2 bd · 2 ba · 1,191 sqft · $500/sf
HOA $490/mo · 🏢 fee history ↓ · 3 days on market · built 1984
⚖️ Adjusted valueFairly pricedasking is 5% under fair value
Model fair value · 1 sold comps · ±8%$646,833
vs model fair value · size · beds/baths · age · HOA · location−8%
Condition · Avg / verify in person0
Price history · at/near its all-time high+3%
📐 How this Deal Score was built54Fair price
Value gap · asking vs model fair value, after condition & price history+6
HOA burden · $490/mo = 0.99%/yr of price vs a 1.33% norm — at or below normal, no charge0
Days on market · 3 days — not long enough to give you leverage0
Raw advantage · the three above, combined+6
Model confidence · weak — ±8% typical model error across 1 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.6
Deal Score54/100

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

$4,480/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$3,296
Property tax (1.30% effective)$645
Insurance (estimate)$50
HOA dues$490
Total monthly$4,480
Rough cash to close$133,875

26% of that payment is not the mortgage. The HOA fee alone is $29,400 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,990.

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. The listing shows $490/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
  • Low HOA (1%/yr)
⚠️ Cons
  • Photos look dim — verify light in person
🚩 Red flags
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Photos

Price history (this unit)

Trough $132,500 Feb 21, 1997Now $595,000Peak $595,000 Oct 8, 2026
Current list price is 0% below its peak · +349% above its trough.
  • Oct 8, 2026 — Listed $595,000
  • May 30, 1997 — Sold (MLS) $133,000
  • May 30, 1997 — Sold (MLS) $133,000
  • May 30, 1997 — Sold (Public Records) $133,000
  • Feb 21, 1997 — Listed $132,500
  • Feb 21, 1997 — Listed $132,500

Description

Charming end-unit condo on the first floor with 2 covered parking spots. Well maintained property with lush & mature landscaping. Beautiful out-door spaces with walk-ways, open space, fountains & water ways including private tennis courts, pool & hot tub. Newly painted interior. Open floor plan with designated dining, laundry closet inside, two large bedrooms and two full baths. Light and bright throughout, this home offers abundant natural sunlight and is within walking distance to parks and major shopping: Conveniently located near Newark’s top-rated schools, including Bunker elementary, Newark Middle and Memorial High. Just minutes from Pacific Commons, restaurants, the Dumbarton Bridge…

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