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38623 Cherry Ln

Fremont, CA 94536

2 bd 2 ba 938 sqft Built 1974 Lot 649,201 sqft townhomes
Most recent sale
$625,000
Aug 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 25, 2022 Sold $625,000 MLS #ML81899911
Jul 12, 2022 Listed $499,000 MLS #ML81899911
Jul 2, 2019 Listed for rent $2,500 Avail
Jan 15, 2015 Sold $365,000 MLS #40682184
Dec 9, 2014 Listed $349,888 MLS #40682184
Jul 9, 2010 Listing removed $279,000 ContraCosta
Jun 14, 2010 Price changed $279,000 MLS #40454463
Mar 8, 2010 Listed $284,000 MLS #40454463
Jul 23, 2004 Sold $301,000 Public Record
Apr 5, 2000 Sold $200,000 Public Record
Aug 16, 1989 Sold $122,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $455,175 $195,075 $650,250 $8,301
2024 $455,175 $195,075 $650,250 $7,570
2023 $393,400 $168,600 $562,000 $7,014
2022 $289,353 $124,008 $413,361 $5,270
2021 $283,681 $121,577 $405,258 $5,149
2020 $280,774 $120,331 $401,105 $5,113
2019 $275,270 $117,973 $393,243 $5,055
2018 $269,874 $115,660 $385,534 $4,954
2017 $264,583 $113,392 $377,975 $4,830
2016 $259,396 $111,169 $370,565 $4,739
2015 $244,245 $104,610 $348,855 $4,476
2014 $205,100 $87,900 $293,000 $3,823
2013 $182,700 $78,300 $261,000 $3,286
2012 $115,500 $49,500 $165,000 $2,184
2010 $150,500 $64,500 $215,000 $2,617
2009 $150,500 $64,500 $215,000 $2,606
2008 $223,488 $95,720 $319,208 $3,767
2007 $219,108 $93,844 $312,952 $3,658

Property facts

Year built
1974
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
938 sqft
Lot size
649,201 sqft
ZIP code
94536
City
Fremont
Street
Cherry Ln
Coordinates
37.56551, -121.97238

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
$3,002
Gross rental yield
5.76%
Implied cap rate
3.75%
Trend-extrapolated value

Frequently asked questions

When did 38623 Cherry Ln last sell?
38623 Cherry Ln most recently sold on Aug 25, 2022 for $625,000.
What is the current tax assessment for 38623 Cherry Ln?
The most recent total assessment for 38623 Cherry Ln (year 2025) is $650,250 with $8,301 in property tax.
How does 38623 Cherry Ln's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $625,000.
When was 38623 Cherry Ln built?
38623 Cherry Ln was built in 1974.
How does 38623 Cherry Ln compare to others on Cherry Ln?
We track 8 other properties on Cherry Ln. Browse the list under "Other properties on Cherry Ln" to compare beds, baths, and sale history.
What are the property facts for 38623 Cherry Ln?
38623 Cherry Ln is a 2 bed, 2 bath, 938 sqft, 649,201 sqft lot townhomes.
Is 38623 Cherry Ln a flip candidate?
No — 38623 Cherry Ln does not appear in our flips dataset.
Is 38623 Cherry Ln a tax-appeal candidate?
No — 38623 Cherry Ln 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
-2.0%
Implied 1-yr
-8.0%
2026 Q3
$1.12M
2026 Q4
$1.09M
ZIP 94536 — Median Price History + Forecast

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