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40425 Chapel Way, 315, Fremont, CA 94538

$685K3bd · 2ba · 1,228 sqft
Lot 108,029 sqft•HOA $705/mo•Condominium•
Active
•87d on market•MLS# 01-41141949

Property Description

IMPROVED PRICE! Welcome to Park Place! This meticulously maintained top-floor condo—featuring 3 bedrooms, 2 bathrooms, and 1,228 sq. ft. of living space—is highly sought after for its prime location, both within the complex and the desirable Irvington neighborhood. Inside, the beautifully equipped galley kitchen features elegant granite countertops, full tile backsplash, electric stove, dishwasher, and an under-mount sink, flowing seamlessly into the dining area and a cozy living room complete with a fireplace. The spacious primary suite serves as a private retreat with a walk-in closet, an additional second closet, and an ensuite bathroom with standing shower. Two additional well-sized bedrooms offer large mirrored closets and share a convenient hallway bathroom with a shower over tub. Key highlights include in-unit laundry, two assigned parking spaces, central AC, abundant storage throughout, and HOA dues that cover water and garbage. The community offers premium amenities, including a refreshing pool, hot tub, clubhouse, elevator, and secure lobby, all while providing unbeatable convenience with easy access to Tesla, Costco, Lake Elizabeth, the Fremont HUB, diverse dining, major freeways (880 & 680), and the BART station just minutes away.

Features & Amenities

FeeBuilt 1983

Property Details

Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Baseboard
Cooling
Central Air
Flooring
Laminate, Tile
City
Fremont
Zip Code
94538
County
Alameda
Listed byCheung Homes, Jennifer Cheung

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,463.73
Principal & Interest
Loan Amount
$548,000
Total Interest
$698,944
Total Payment Over 30 Years
$1,246,944
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

40425 Chapel Way, 315, Fremont, CA 94538

Fremont · Condominium

$685K
Affordable Tier
Beds
3
Baths
2
Sqft
1,228
Lot
2.48 ac
Year
1983
$/Sqft
$558
Pool: Yes✓
Spa: Yes✓
Garage: 2-car✓

Listed in line with the median closed sale of $700,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $685K· $558/sqft
Total list price
Closed comps
vs closed median $700K
−$15K (−2.1%)
Active comps
vs active median $668K
+$17K (+2.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $600
−$42 (−7.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
39951 Fremont BlvdFremont1987221,1460$523$599,0005388
951 Cherry Glen CirFremont1987221,16822,736$572$668,0008082
46908 Fernald CmnFremont1978221,02934,089$708$729,0002582
3663 Oakwood TerFremont1984221,125125$532$599,0004081
5246 Tacoma CmnFremont1989221,05052,708$665$698,0003981
Total: 5 · Average2.02.01,103.627,414.5$600$658,60047.4
Median1,125$668,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
46776 Fernald StFremont198109/16/2026321,27114,404$788,800$775,000$6100.984089
40300 Grimmer BlvdFremont198209/03/2026331,25046,751$788,000$700,000$5600.896988
205 Wenatchee CmnFremont198708/31/2026321,2149,939$777,000$760,000$6260.987987
38623 Cherry LaneFremont197409/28/2026321,199649,044$589,000$560,000$4670.955383
38623 Cherry LnFremont197408/25/2026321,189649,200$599,000$590,000$4960.983982
Total: 5 · Average3.02.21,224.6273,867.6$677,000$677,000$551.8—56
Median1,214$700,000$700,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.