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Stealpad › Alameda, CA › Alameda Landing › 17 Invincible Ct Unit C9
17 Invincible Ct Unit C9 — 2 bd condo for sale in Alameda Landing, Alameda
32Overpriced

17 Invincible Ct Unit C9

Alameda Landing, Alameda, CA · 94501
$899,500 17% above mkt
2 bd · 2 ba · 1,247 sqft · $721/sf
HOA $943/mo · 🏢 fee history ↓ · 3 days on market · built 1988
⚖️ Adjusted valueOverpricedasking is +17% over fair value
Model fair value · 3 sold comps within ½ mi · ±9%$737,534
vs model fair value · size · beds/baths · age · HOA · location+22%
Condition · Avg / verify in person0
Price history · ≈100% below its peak−5%
📐 How this Deal Score was built32Overpriced
Value gap · asking vs model fair value, after condition & price history−20.4
HOA burden · $943/mo = 1.26%/yr of price vs a 1.29% norm — at or below normal, no charge0
Days on market · 3 days — not long enough to give you leverage0
Raw advantage · the three above, combined−20.4
Model confidence · moderate — ±9% typical model error, 3 sold comps within half a mile. The less certain the model, the harder the gap is pulled back toward neutral×0.8
Deal Score32/100

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

$6,842/mo all-in
20% down at 7.18% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$4,875
Property tax (1.30% effective)$974
Insurance (estimate)$50
HOA dues$943
Total monthly$6,842
Rough cash to close$202,388

29% of that payment is not the mortgage. The HOA fee alone is $56,580 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,899.

Financing type

FHA approval has expired on this project. An FHA buyer cannot use it today, and the fact that it once qualified and then stopped is worth asking the board about. Plan on a conventional loan — 5% down at the very least.

Minimum realistic down payment here: 5% · verify on HUD's lookup

Rate is the Freddie Mac PMMS 30-year average for the week of 2026-11-05 — 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 ($943 in 2026), not enough for a trend yet. The listing shows $943/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
  • 100% below its 2026 peak
  • In-unit W/D
  • Garage parking
  • Low HOA (1.3%/yr)
⚠️ Cons
  • 22% above model fair value
  • HOA $943/mo
🚩 Red flags
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Photos

Price history (this unit)

Trough $226,000 Oct 18, 1996Now $899,500Peak $899,500,000 Nov 5, 2026
Current list price is 100% below its peak · +298% above its trough.
  • Nov 5, 2026 — Price Changed $899,500
  • Nov 5, 2026 — Listed $899,500,000
  • Jul 23, 2004 — Sold (Public Records) $570,000
  • Oct 18, 1996 — Sold (Public Records) $226,000
  • Sep 28, 1989 — Sold (Public Records) $255,000
  • Sep 28, 1989 — Sold (Public Records) $255,000

Description

This updated Marina Village GROUND LEVEL 2-bedroom, 2-full bath condo is tucked into a quiet, tree-lined setting, and the waterfront patio is the heart of it. The covered patio opens onto a lush garden and a peaceful lagoon with a gentle fountain. It's a calm spot for your first cup of coffee, a slow weekend breakfast, or a relaxed evening with family and friends. Inside, the living room is filled with natural light. A wall of sliding glass doors brings the outdoors in, and a stacked-stone fireplace adds warmth on cool Bay Area nights. Warm wood-look floors run throughout, connecting the living room, the bright dining area and the kitchen. The updated kitchen has granite countertops…

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