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40425 Chapel Way

Fremont, CA 94538

2 bd 2 ba 1,052 sqft Built 1983 condos
Most recent sale
$710,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $710,000 MLS #ML81889228
Jul 17, 2018 Sold $655,000 MLS #40827195
Jun 21, 2018 Listed $589,000 MLS #40827195
Feb 20, 2015 Sold $415,000 MLS #40680943
Jan 20, 2015 Price changed $415,000 MLS #40680943
Nov 26, 2014 Listed $425,000 MLS #40680943
May 21, 2008 Sold $290,000 MLS #40328967
Mar 8, 2008 Listed $302,500 MLS #40328967
Feb 21, 2007 Sold $430,000 Public Record
May 13, 2005 Sold $369,888 MLS #40067074
Mar 10, 2005 Listed $369,888 MLS #40067074
Nov 12, 1993 Sold $126,000 Public Record
Jul 18, 1990 Sold $142,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $413,000 $177,000 $590,000 $7,594
2024 $413,000 $177,000 $590,000 $8,658
2023 $447,300 $191,700 $639,000 $7,882
2022 $481,961 $206,554 $688,515 $8,404
2021 $420,000 $180,000 $600,000 $7,355
2020 $467,670 $200,430 $668,100 $8,212
2019 $458,500 $196,500 $655,000 $8,117
2018 $306,843 $131,504 $438,347 $5,572
2017 $300,827 $128,925 $429,752 $5,432
2016 $294,930 $126,398 $421,328 $5,332
2015 $221,856 $95,081 $316,937 $4,184
2014 $210,000 $90,000 $300,000 $3,988
2013 $189,700 $81,300 $271,000 $3,478
2012 $120,400 $51,600 $172,000 $2,341
2010 $154,000 $66,000 $220,000 $3,057
2009 $173,600 $74,400 $248,000 $3,345
2008 $301,000 $129,000 $430,000 $5,077
2007 $269,317 $115,421 $384,738 $4,529

Property facts

Year built
1983
Property type
condos
Stories
3
Beds
2
Baths
2
Living area
1,052 sqft
Lot size
ZIP code
94538
City
Fremont
Street
Chapel Way
Coordinates
37.53878, -121.95889

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,366
Gross rental yield
5.69%
Implied cap rate
3.70%
Trend-extrapolated value

Frequently asked questions

When did 40425 Chapel Way last sell?
40425 Chapel Way most recently sold on Apr 28, 2022 for $710,000.
What is the current tax assessment for 40425 Chapel Way?
The most recent total assessment for 40425 Chapel Way (year 2025) is $590,000 with $7,594 in property tax.
How does 40425 Chapel Way's assessment compare to its last sale price?
The current assessment is 16.9% below the last sale price of $710,000.
When was 40425 Chapel Way built?
40425 Chapel Way was built in 1983.
How does 40425 Chapel Way compare to others on Chapel Way?
We track 8 other properties on Chapel Way. Browse the list under "Other properties on Chapel Way" to compare beds, baths, and sale history.
What are the property facts for 40425 Chapel Way?
40425 Chapel Way is a 2 bed, 2 bath, 1,052 sqft condos.
Is 40425 Chapel Way a flip candidate?
No — 40425 Chapel Way does not appear in our flips dataset.
Is 40425 Chapel Way a tax-appeal candidate?
No — 40425 Chapel Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.2%
2026 Q3
$1.08M
2026 Q4
$1.07M
ZIP 94538 — Median Price History + Forecast

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