2137 Otis Dr #305
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
31% of that payment is not the mortgage. The HOA fee alone is $42,000 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,659.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($27,250). 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
🚩 Rising fast · +6.5%/yrReconstructed from 15 units of recorded sales at 2137 Otis Dr — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 37% in 5 years — about +6.5%/yr across 15 units of recorded sales, well above inflation. A rise this steep is a leading signal of a special assessment, a drained reserve fund, or an insurance shock. The listing never shows it; the building's documents are where the "why" lives.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- Upper floor (fl 3)
- Garage parking
⚠️ Cons
- HOA $700/mo
- Older building (1966)
🚩 Red flags
Photos
Price history (this unit)
- Sep 26, 2026 — Listed $545,000
- Dec 31, 1991 — Sold (Public Records) $150,000
- Oct 4, 1991 — Sold (Public Records) $150,000
Description
Perched on the top floor of The Saint Francis, this bright and inviting 2-bedroom, 2-bath condo offers a wonderful combination of comfort and character with beautiful tree-lined views of San Francisco. Hardwood floors and classic crown molding add warmth and charm throughout, while the enclosed sunroom provides a peaceful and versatile space for a home office, reading nook, or simply enjoying a quiet morning. This home is complemented by marble tile in both bathrooms, secure underground parking with elevator access, dedicated storage, and nearby laundry facilities. Residents of The Saint Francis also enjoy a range of community amenities, including a swimming pool, fitness center, recreation…