1500 Alameda Ave Unit D
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
27% of that payment is not the mortgage. The HOA fee alone is $27,000 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,553.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($26,450). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-10-08 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($425 in 2026), not enough for a trend yet. The listing shows $450/mo today. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.
🏢 Get this building's free HOA report →✅ Positives
- On market 79 days → some leverage
- Garage parking
- Low HOA (1%/yr)
⚠️ Cons
- Older building (1963)
- Photos look dim — verify light in person
🚩 Red flags
Photos
Price history (this unit)
- Sep 17, 2026 — Price Changed $529,000
- Jul 24, 2026 — Listed $569,000
- Jul 19, 2005 — Sold (MLS) $480,000
- Jul 19, 2005 — Sold (Public Records) $480,000
- Jun 1, 2005 — Listed $399,000
- Jul 2, 2002 — Sold (MLS) $300,000
Description
*Price Improvement* Welcome home to this beautiful 2-bedroom, 2-bath condo nestled in one of Alameda's most desirable central locations. Set within an intimate community of just seven residences, this home offers the perfect blend of comfort, convenience, and charm. New carpet, fresh paint, and additional storage space in the attic! The well-kept grounds create a peaceful setting, while the pool provides the perfect place to relax and enjoy sunny Alameda afternoons. Recently remodeled porches throughout the complex are all up to snuff and ready to be enjoyed. HOA covers water, trash, pool, & landscaping Ideally situated near shopping, dining, parks, schools, and Alameda's vibrant downtown…