955 Shorepoint Ct #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
37% 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 $2,268.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($16,750). 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
🚩 Rising fast · +13.3%/yrReconstructed from 16 units of recorded sales at 955 Shorepoint Ct — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 65% in 4 years — about +13.3%/yr across 16 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
- Best $/sf of 14 tracked in Alameda
- 21% below model fair value
- On market 86 days → some leverage
- Garage parking
⚠️ Cons
- HOA $700/mo
- Older building (1971)
- Ground floor
🚩 Red flags
- HOA rising ~13%/yr in this building ($425/mo in 2022 → $700)
- Still cutting price ($385k→$375k→$359k→$349k→$335k)
- Listed BELOW its 2021 sale ($415k) → value eroding
Photos
Price history (this unit)
- Sep 17, 2026 — Price Changed $335,000
- Aug 4, 2026 — Price Changed $349,000
- Jul 24, 2026 — Price Changed $359,000
- Jun 30, 2026 — Price Changed $375,000
- Jun 18, 2026 — Listed $385,000
- Feb 16, 2021 — Sold (MLS) $415,000
Description
Live the Island Life at Shorepoint Court! This One Bedroom/One Bathroom Condo has it all; first floor with entrance close to the lobby, a large balcony, updated kitchen and bathroom, lots of amenities such as a pool, ample community washers and dryers, and secure parking garage. Enjoys walks to Crown Memorial Park, the Beach, and easy access to shops and restaurants all from an ideal location at the end of a quiet cul-de-sac. Easy commute to SF with multiple ferry locations, BART or bus options nearby. Living is affordable and enjoyable at Shores!