Google street view image for 39331 Drake Way, Fremont, CA 94538

Off market jan 2009 for $465K

$1,380,740

Est. refi paymentEst. refi $3,111/mo

•

2 ba

•

1,236

sq ft

39331 Drake Way, Fremont, CA 94538

About this home

39331 Drake Way is a 1,236 square foot house on a 5,995 square foot lot with 4 bedrooms and 2 bathrooms. - it last sold on January 23, 2009 for $465,000. Based on Redfin's Fremont data, we estimate the home's value is $1,380,740.

Single-familyProperty Type

1961Year Built

5,995 sq ftLot Size

$1,117Est. Price/Sq.Ft.

2 car garageParking

Source:Public Records

Redfin Estimate

$1,380,740

$916K since sold in January 2009$37K since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.5% lower than the average sale price ($1.39M) of 6 comparable homes.

SOLD AUG 3, 2026
$1,380,000
A
4 beds2 baths1,302 sq ft
4763 Piper St, Fremont, CA 94538
SOLD SEP 8, 2026
$1,450,000
B
4 beds2 baths1,441 sq ft
4820 Louise Ct, Fremont, CA 94536
SOLD JUN 25, 2026
38850 Bonnie Way, Fremont, CA 94536
$1,842,000
C
4 beds2 baths1,424 sq ft
38850 Bonnie Way, Fremont, CA 94536
SOLD AUG 19, 2026
$1,290,000
D
3 beds2 baths1,200 sq ft
39641 Banyan Tree Rd, Fremont, CA 94538
SOLD SEP 30, 2026
$1,040,000
E
3 beds2 baths1,269 sq ft
4345 Burney Way, Fremont, CA 94538
SOLD AUG 20, 2026
$1,325,000
F
3 beds2 baths1,484 sq ft
4426 Sacramento Ave, Fremont, CA 94538

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Earn from this home

Sell

$1,103,251

Est. take-home

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Refinance

Est. cash available

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Rent

$3,743/mo

Redfin rental estimate

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Market trends in 94538, CA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

100.2%

+0.0% MoM

Median sale price

$1.2M

$4K MoM

Avg. days on market

28d

3 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 13 HRS AGO
$1,499,950
3 beds2.5 baths1,494 sq ft
3711 Mission View Dr, Fremont, CA 94538
COMING SOON
$1,199,000
3 beds2.5 baths1,574 sq ft
41458 Millenium Ter, Fremont, CA 94538
$1,399,800
4 beds3.5 baths1,639 sq ft
40950 Gramercy Ter, Fremont, CA 94538
$1,799,999
5 beds2.5 baths2,025 sq ft
43143 Gatewood St, Fremont, CA 94538
3D WALKTHROUGH
$895,000
3 beds2.5 baths1,338 sq ft
3840 Nolan Ter, Fremont, CA 94538
$599,888
2 beds2 baths1,053 sq ft
39109 Guardino Dr #234, Fremont, CA 94538
$1,050,000
3 beds2 baths1,151 sq ft
3719 Franklin Ave, Fremont, CA 94538
EARLY ACCESS
$1,299,900
3 beds3.5 baths1,780 sq ft
3510 Intelligence Cmn #1003, Fremont, CA 94538
$1,590,000
3 beds2 baths1,432 sq ft
43414 Lindenwood St, Fremont, CA 94538
EXIT Realty Consultants
$587,000
2 beds2 baths1,053 sq ft
39206 Guardino Dr #112, Fremont, CA 94538
See all

Provided by Redfin

Sale history for 39331 Drake Way

Year

Property tax

Land + Additions

Assessment*

2025

$7,723 (+4.5%)

$183,222 + $427,518

$610,740

2024

$7,392 (+2.9%)

$179,629 + $419,136

$598,765

2023

$7,186 (+1.5%)

$176,108 + $410,920

$587,028

2022

$7,083 (+2.5%)

$169,272 + $394,968

$564,240

2021

$6,911 (+0.2%)

$169,272 + $394,968

$564,240

2020

$6,899 (+1.1%)

$165,953 + $387,224

$553,177

2019

$6,821 (+2.0%)

$164,252 + $383,256

$547,508

2018

$6,686 (+2.6%)

$161,033 + $375,744

$536,777

2017

$6,518 (+1.8%)

$154,780 + $361,155

$515,935

2016

$6,401 (+1.4%)

$154,780 + $361,155

$515,935

2015

$6,311 (+1.8%)

$151,746 + $354,075

$505,821

2014

$6,198 (+13.0%)

$146,541 + $341,931

$488,472

2013

$5,486 (−4.7%)

$146,541 + $341,931

$488,472

2012

$5,755 (+1.5%)

$135,000 + $315,000

$450,000

2011

$5,669 (+4.6%)

$143,020 + $333,715

$476,735

2010

$5,421 (−2.3%)

$140,217 + $327,173

$467,390

2009

$5,548 (+498.4%)

$139,169 + $324,728

$463,897

2008

$927

$140,767 + $328,457

$469,224

Tax history for 39331 Drake Way

Year

Property tax

Land + Additions

Assessment*

2025

$7,723 (+4.5%)

$183,222 + $427,518

$610,740

2024

$7,392 (+2.9%)

$179,629 + $419,136

$598,765

2023

$7,186 (+1.5%)

$176,108 + $410,920

$587,028

2022

$7,083 (+2.5%)

$169,272 + $394,968

$564,240

2021

$6,911 (+0.2%)

$169,272 + $394,968

$564,240

2020

$6,899 (+1.1%)

$165,953 + $387,224

$553,177

2019

$6,821 (+2.0%)

$164,252 + $383,256

$547,508

2018

$6,686 (+2.6%)

$161,033 + $375,744

$536,777

2017

$6,518 (+1.8%)

$154,780 + $361,155

$515,935

2016

$6,401 (+1.4%)

$154,780 + $361,155

$515,935

2015

$6,311 (+1.8%)

$151,746 + $354,075

$505,821

2014

$6,198 (+13.0%)

$146,541 + $341,931

$488,472

2013

$5,486 (−4.7%)

$146,541 + $341,931

$488,472

2012

$5,755 (+1.5%)

$135,000 + $315,000

$450,000

2011

$5,669 (+4.6%)

$143,020 + $333,715

$476,735

2010

$5,421 (−2.3%)

$140,217 + $327,173

$467,390

2009

$5,548 (+498.4%)

$139,169 + $324,728

$463,897

2008

$927

$140,767 + $328,457

$469,224

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

R-1-6

Single-Family Residential District

To promote and maintain predominantly single-family home neighborhoods together with compatible accessory and supporting uses.

Permitted uses

Include but are not limited to:

Agriculture-Other
Housing-Single unit
Housing-Senior
Housing-Other

Oct 16, 2025 • Active

Residential electrical

Upgrade the main and sub electrical panels to increase the total service capacity to 200 amps.

Electrical

Jun 30, 2017 • Final

Building

Replace three windows like for like and replace damaged sheetrock in the living room and three bedrooms. Remove and replace two furnaces and perform underfloor framing work.

Electrical

HVAC

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Room Information
# of Rooms: 7

Exterior

Exterior Information
Building Style Type: Rectangular Design
Construction Type: Wood
Building Construction Quality: Average

Property Information
Living Sq. Ft: 1,236
Building Sq. Ft: 1,236
# of Units: 1
# of Stories: 1

Lot Information
# of Buildings: 1
Land Sq. Ft: 5,995
Legal Lot Number: 95
Legal Block Number: 5
Municipality Name: FREMONT INCORP
Acres: 0.1376
County Use Description: SINGLE FAMILY RESIDENTIAL HOME

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 1,236
Stories: 1.0
Lot Size: 5,995 square feet
Style: Single Family Residential
Year Built: 1961
Year Renovated: 1963
County: Alameda County
APN: 531 001206500

Home facts updated by county records on Sep 16, 2026

Around this home

Schools

K - 12
Preschool & daycare

Joseph Azevada Elementary School

Public Tk-5 • Assigned • 0.3mi

7/10

G. M. Walters Middle School

Public 6-8 • Assigned • 0.5mi

8/10

John F. Kennedy High School

Public 9-12 • Assigned • 0.6mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

Fremont's housing market remains highly competitive, with multiple offers common. Homes sell about 1% above asking and go pending in 25 days, while hot properties can command 5% above asking in just 11 days. Buyers should act quickly, while sellers...
4 days ago • Fremont
Annu Lakhat
Redfin Premier agent
63 deals
Was this helpful?
Fremont’s housing market is cooling, with median sale prices down 6.5% year over year to $1.37 million in Sep 2026, desirable homes attract competition. Buyers find more negotiating opportunities as inventory rises, sellers should price competitively...
3 weeks ago • Fremont
Gagan Singh
Redfin Premier agent
657 deals
Was this helpful?
Buyer demand in Fremont is keeping the market aggressive. Homes frequently receive multiple offers and go pending in about 20 days. With many properties closing above asking price, well-priced, move-in-ready homes offer sellers a distinct advantage...
1 month ago • Fremont
Karan Kandel
Redfin agent
12 deals
Was this helpful?
Fremont's fall market offers clear buyer opportunities. Median prices hold steady around $1.4M with homes averaging three weeks on market. While move-in-ready homes draw quick competitive offers, properties needing cosmetic updates give you room to...
1 month ago • Fremont
Johnny Singh
Redfin Premier agent
139 deals
Was this helpful?

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 90° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

8/10 Air Factor

13 unhealthy days expected this year, 13 days in 30 years

Provided by First Street

Historical weather

Fremont, CA • 94538

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.4 hours in June and 4.9 hours in December, placing it above the U.S. average for solar exposure.

11.4 hrs

4.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.31M – $1.59M

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EXIT Realty Consultants

Home values near 39331 Drake Way

Data from public records.

Address	Redfin Estimate
39356 Drake Way, Fremont, CA 5 Beds \| 2 Baths \| 1900 Sq. Ft.	$1,485,232
39340 Drake Way, Fremont, CA 4 Beds \| 2 Baths \| 1358 Sq. Ft.	$1,593,373
39315 Drake Way, Fremont, CA 3 Beds \| 3 Baths \| 2544 Sq. Ft.	$1,441,769
39347 Drake Way, Fremont, CA 3 Beds \| 1 Baths \| 1300 Sq. Ft.	$1,232,928
39316 Drake Way, Fremont, CA 3 Beds \| 2 Baths \| 996 Sq. Ft.	$1,273,173
39318 Mariposa Way, Fremont, CA 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$1,595,460
39358 Mariposa Way, Fremont, CA 5 Beds \| 4 Baths \| 2060 Sq. Ft.	$1,560,817

Address	Redfin Estimate
39371 Drake Way, Fremont, CA 5 Beds \| 2.5 Baths \| 1718 Sq. Ft.	$1,616,675
39348 Drake Way, Fremont, CA 2 Beds \| 1 Baths \| 1812 Sq. Ft.	$1,349,097
39332 Drake Way, Fremont, CA 3 Beds \| 3 Baths \| 1646 Sq. Ft.	$1,395,917
39339 Drake Way, Fremont, CA 3 Beds \| 2 Baths \| 1358 Sq. Ft.	$1,264,453
39324 Drake Way, Fremont, CA 3 Beds \| 2 Baths \| 1718 Sq. Ft.	$1,383,066
39319 Sutter Drive, Fremont, CA 3 Beds \| 2 Baths \| 1248 Sq. Ft.	$1,381,250
39342 Mariposa Way, Fremont, CA 3 Beds \| 1 Baths \| 948 Sq. Ft.	$1,230,816

Address	Redfin Estimate
39364 Drake Way, Fremont, CA 3 Beds \| 2 Baths \| 1358 Sq. Ft.	$1,286,695
39355 Drake Way, Fremont, CA 3 Beds \| 2 Baths \| 1092 Sq. Ft.	$1,260,093
39304 Drake Way, Fremont, CA 2 Beds \| 2 Baths \| 996 Sq. Ft.	$1,117,809
39363 Drake Way, Fremont, CA 2 Beds \| 1 Baths \| 948 Sq. Ft.	$1,067,558
39323 Drake Way, Fremont, CA 4 Beds \| 2 Baths \| 1384 Sq. Ft.	$1,253,191
39334 Mariposa Way, Fremont, CA 3 Beds \| 2 Baths \| 1358 Sq. Ft.	$1,583,571
39329 Mariposa Way, Fremont, CA 5 Beds \| 3 Baths \| 1479 Sq. Ft.	$1,399,101

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About this home

Redfin Estimate

Earn from this home

Market trends in 94538, CA

Sale history for 39331 Drake Way

Tax history for 39331 Drake Way

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 94538

Home values near 39331 Drake Way

More real estate resources