🏠 Stealpad
/
StealpadFremont, CAWarm Springs85 Shaniko Cmn #22
85 Shaniko Cmn #22 — 2 bd condo for sale in Warm Springs, Fremont
55Fair price

85 Shaniko Cmn #22

Warm Springs, Fremont, CA · 94539
$595,000 ~at market (-7%)
2 bd · 2 ba · 936 sqft · $636/sf
HOA $360/mo · 🏢 fee history ↓ · Floor 2 · 6 days on market · built 1985
⚖️ Adjusted valueFairly pricedasking is 4% under fair value
Model fair value · 33 sold comps · ±8%$640,151
vs model fair value · size · beds/baths · age · HOA · location−7%
Condition · Avg / verify in person0
Price history · at/near its all-time high+3%
📐 How this Deal Score was built55Fair price
Value gap · asking vs model fair value, after condition & price history+4.8
HOA burden · $360/mo = 0.73%/yr of price vs a 1.34% norm — at or below normal, no charge0
Days on market · 6 days — not long enough to give you leverage0
Raw advantage · the three above, combined+4.8
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 Score55/100

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

$4,110/mo all-in
20% down at 6.65% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$3,056
Property tax (1.30% effective)$645
Insurance (estimate)$50
HOA dues$360
Total monthly$4,110
Rough cash to close$133,875

26% of that payment is not the mortgage. The HOA fee alone is $21,600 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,750.

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 ($360 in 2026), not enough for a trend yet. The listing shows $360/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
  • Garage parking
  • Low HOA (0.7%/yr)
⚠️ Cons
  • Smaller than the Warm Springs norm (936 vs 1081 sf)
🚩 Red flags

Photos

Price history (this unit)

Trough $86,000 Jul 30, 1986Now $595,000Peak $595,000 Aug 21, 2026
Current list price is 0% below its peak · +592% above its trough.
  • Aug 21, 2026 — Listed $595,000
  • Oct 28, 2005 — Sold (Public Records) $380,000
  • Jul 30, 1986 — Sold (Public Records) $86,000

Description

Welcome to a bright, North East–facing condo in a prime Warm Springs location, a 2nd floor, 2-bedroom, 2-bath home that's move-in ready and beautifully renovated. Thanks to its direction, you get great natural light all day. It's freshly painted inside with new laminate flooring throughout, and the kitchen has been fully remodeled with quartz counters, new cabinets, a new dishwasher, and a new microwave. The primary suite has its own private patio and a renovated vanity with quartz counters, and there's a second private patio off the living room too. You'll also enjoy an in-unit washer and dryer, an assigned enclosed garage, and a permit parking spot. You can even rent out this unit, m

More steals in Warm Springs

See all 32 condos in Warm Springs →