Thanks to Burbed reader R.D. for sending this a few weeks ago.

Wow… parking for 22 cars. That makes sense – after all, you’re living in Fremont which means you’re savvy – you’re saving some of your cash flow to invest in other assets like cars.

I bet you can buy this house now and flip it to Jay Leno or Ralph Lauren so they can park there cars in Fremont. Or, better yet – buy a big car and you can open your own Park ‘n’ Fly to SJC/SFO/OAK.

Smell the CASH FLOW BABY!!!! Too bad it’s sold already. Keep your eyes peeled for another great deal like this!

Home Detail – ZipRealty Real Estate
42763 JEFFERSON ST, Fremont, CA 94538**

List Price: $459,900
Bedrooms: 3
Full Baths: 2
Partial Baths: 0
Square Feet: 1,151
Lot Size: 5,000 Sq. Ft.
Year Built: 1958
Listing Date: 10/29/07
On Market: 38 days
Type: SFR
Status: ACTIVE
MLS #: 40306737

So far that’s not so bad – I mean come on, if this were in The Real Bay Area, it would easily be $700k or $800k!

Here’s what Burbed reader Balachander had to say:

My wife and I are regular readers at your website and enjoy every post! Here is an interesting home that might perk your interest:

If the awesome fence doesn’t interest you then maybe the two gar garage will. What not even that pleases you? How about 4th bedroom/bonus room? ……if that still doesn’t please you, then look at the last photo. I read an article that Zip lining is becoming a fashion in the Lake Tahoe area (Heavenly Ski Resort)……with this home you can have hours and hours of fun zip lining right outside your home! Sweet!!

Hm, we must look at that last picture:

Nice! I think I saw this piece at the SF MOMA once!

But hey, it’s got a view of the mountains! That’s priceless – because nothing says “awesome” like seeing a giant natural barrier!

Welcome to Silicon Valley.

This Well-Cared for Spacious Beauty with Huge Lot…REDUCED!
5137 Glacier Park Ct, Fremont, CA
REDUCED!!! A Big 4 Bdrm, 2 Bath, Remodeled Kitchen, Large Living Room, Family Room with Fireplace, Great Big Lot!
4 Bdrm Single Family House

offered at $674,950
Year Built 1962
Sq Footage 1,736
Bedrooms 4
Bathrooms 2 full, 0 partial
Floors 1
Parking 2 Car garage
Lot Size 8,453 sqft
HOA/Maint $0 per month

Burbed reader Cynthia asks:

Seriously where’s the middle? Am I missing something?  Where is the house cut in 1/2?

Well Cynthia – as you know, the Bay Area has the world’s most perfect weather. It’s fact.

Thus, you don’t really need the other half of this house. In fact, it’s actually a time saver because there’s less house to clean – that means you have more time to spend at work on your multi-trillion dollar startup, or sit in traffic in Fremont, or whatever.

Win-win if you ask me!

5549 Lemke, Fremont, CA 94538 – Property Details.
5549 Lemke, Fremont 94538 (Others)
$479,000

* Status: Active
* Bedroom: 3
* Bathroom: 2
* Year Built: 1965
* Lot Size: 6020
* Square Footage: 1256
* List Date: 9/21/2007
* Parking Spaces: 2
* MLS#: 40299290

Lovely home in great location! Home is located at the end of a cul-de-sac. Quiet neighborhood. 3 bedrooms, 2 bathrooms, and a family room. Home also has side access.

Burbed Reader U.P. had this to say:

I am regular reader/lurker at your site. I know that Fremont has been kicked out of the Bay Area but still a 23% LOSS (list price – we don’t know how low it will finally sell) in 1 year. It’s going to get really bad here!

Ouchers. Well it turns out this house was sold on 11/7/2006 for $649k.

Further proof that the East Bay is no longer part of the Bay Area.

Maybe next year you can join us again – just gotta get those prices back up!

(Oh, and don’t let the map above deceive you – this house is located a good 2 blocks away from tranquil 880)

Burbed reader Riti asked this question:

Hi Burbed,

I enjoy your blog. Am currently in LA but husband seriously wants to move back to the Bay Area, where he grew up. The family has been pushing the idea of moving to Fremont on us constantly. Allegedly some of the very best schools in the Bay and relatively affordable. Just thought it may be interesting to write more on Fremont — is it too good to be true?

Alas, this writer hasn’t really spent enough time in Fremont to answer those questions. That said, whenever I think of Fremont, I think of this classic post by Ernie: “an open letter to the city of fremont, ca“. But then again, Ernie is a gay man. You seem to have a different situation.

It appears the high school is ranked #148 in the nation. I guess that’s not too bad.

Riti, you might like this starter home I found for you in Fremont at 37521 Church – it’s the same price as a 1br in Sunnyvale:

Just think about how much money you’ll save by doing your laundry outdoors! And based on the sales history, I think there’s a lot of potential for you to get some instant equity!

Sale History
06/04/2007: $398,226
04/01/2005: $450,000

What do readers think about moving to Fremont? Is it too good to be true?

Please help Riti!

Burbed doesn’t usually venture to Fremont, but fortunately a Burbed reader Cynthia sent this in:

MLSlistings Property Detail for MLS number 710116
46867 SHALE CM
Fremont, CA 94539
Complex: MISSION TERRACE
$469,000
Homeowners’ Association Fee:$240

This Condominium has the following features:
MLS#: 710116 Approx Age: 21 Years Approx Sq Ft: 1150
Condominium More than 100 Units Low Rise (1-3 Stories)
1 Level 1st Floor Unit 3 Bedrooms

Here’s what Cynthia had to say:

The blue door sold me!!!, Minus 20k and you have a winner!!!!

Actually this property’s been on the market since Oct.  but it didn’t have the blue door back then. i don’t have that listing no more.
now the property is relisted yet again for the 3rd time for 20k less!

Huh? What blue door? Are we at French Laundry?

Ah… that blue door. What an… um… interesting look. By the way, is it just me or is there no refrigerator? You can’t have pergraniteel without a stainless steel fridge!

Finally, here are the notes from Movoto:

 ALL OFFERS ON MARCH 12,2007~ BELOW MARKET PRICE~ COMPS SHOW $505K & $499K, DOWNSTAIR UNIT~ ONE LEVEL~ INSIDE LAUNDRY~ ONE CAR GARAGE~ GRANITE COUNTER TOP IN KITCHEN, NEW DISHWASHER~ 2 BALCONIES~ NEW PAINT~ CLOSE TO HWY 880 & 680,

Apparently the listing agent doesn’t understand what Market Price means.

Thanks Cynthia!

47152 MALE TER, FREMONT Property Details – FREMONT Real Estate – FREMONT Homes for Sale – Movoto
47152 MALE TER, FREMONT – Warm Springs

Bedroom: 2 Bathroom: 2 Square Footage: 926 $435,000
Status:
Active
Year Built: 1987 List Date: 11/22/2006 Lot Size: N/A
Parking Spaces: 1 MLS#: 40226700
Ask a Question Neighborhood Data Comparable Sale Data Email this to a friend
DESCRIPTION -
47152 MALE TER, FREMONT
Shows Well* Great Location within Complex*Near Shop School & Pubic Transit*Great Commute Location Minutes 680/880/237/084 / One of Owners ia a Licenced Real Estate Agent

There’s not enough to go on right now to make fun of this house – but the name of the street is mildly amusing. “What’s your address sir? Can you spell that please? Is this a prank call?”