955 Shorepoint #209
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
36% 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 $2,533.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($18,750). 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 ($700 in 2026), not enough for a trend yet. The listing shows $700/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
- Garage parking
⚠️ Cons
- HOA $700/mo
- Older building (1971)
🚩 Red flags
Photos
Price history (this unit)
- Oct 9, 2026 — Listed $375,000
- Sep 29, 2009 — Sold (MLS) $199,000
- Sep 25, 2009 — Sold (Public Records) $199,000
- Aug 13, 2009 — Listed $199,000
- Nov 21, 2003 — Sold (MLS) $232,000
- Sep 29, 2003 — Listed $228,000
Description
Beautifully Remodeled Alameda Condo Near the Beach! Discover the best of Alameda island living at 955 Shorepoint Court, Unit 209. This beautifully remodeled, light filled 1 bedroom, 1 bathroom condominium offers 773 square feet of stylish, comfortable living in a desirable South Shore location. Thoughtfully updated throughout, the home features a fresh, modern interior and a peaceful, private setting within a beautifully maintained community. Enjoy resort inspired amenities, including lush landscaped gardens, a sparkling swimming pool, saunas, and convenient community laundry facilities. A dedicated parking space adds everyday convenience, while HOA dues include water and trash. Just…