965 Shorepoint Ct #211
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 $2,467.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($18,250). 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 · +11.6%/yrReconstructed from 10 units of recorded sales at 965 Shorepoint Ct — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 73% in 5 years — about +11.6%/yr across 10 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
- 15% below model fair value
- On market 114 days → strong negotiating leverage
- Garage parking
⚠️ Cons
- HOA $700/mo
- Older building (1971)
- Photos look dim — verify light in person
🚩 Red flags
- HOA rising ~12%/yr in this building ($405/mo in 2021 → $700)
Photos
Price history (this unit)
- Sep 24, 2026 — Listed for Rent $2,500
- Jun 19, 2026 — Listed $365,000
- Apr 27, 2004 — Sold (Public Records) $239,000
Description
Welcome to 965 Shorepoint Drive #211, a move-in-ready condominium offering 773 square feet of comfortable and light-filled living space. This inviting 1-bedroom, 1-bathroom home features an open floor plan that seamlessly connects the living, dining, and kitchen areas, creating an ideal space for both everyday living and entertaining. The spacious living room is filled with natural light and opens to a private balcony, providing the perfect spot to enjoy fresh air and peaceful surroundings. The kitchen offers abundant cabinet storage, generous counter space, and a convenient breakfast bar that overlooks the main living area. The generously sized bedroom includes a large closet and plenty of…