2271 Cedar #1
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
22% of that payment is not the mortgage. The HOA fee alone is $18,000 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,010.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($37,450). 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 ($300 in 2026), not enough for a trend yet. The listing shows $300/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
- Low HOA (0.5%/yr)
⚠️ Cons
- Older building (1934)
- Ground floor
🚩 Red flags
- Listed BELOW its 2022 sale ($830k) → value eroding
Photos
Price history (this unit)
- Sep 17, 2026 — Listed $749,000
- Sep 17, 2026 — Coming Soon $749,000
- Aug 5, 2022 — Sold (Public Records) $830,000
- Aug 3, 2022 — Sold (MLS) $830,000
- Jul 11, 2022 — Listed $795,000
- Nov 27, 2013 — Sold (Public Records) $490,000
Description
Ultra charming condo with low HOA fees in a prime North Berkeley location. Just a short walk to UC Berkeley yet quietly situated beside a peaceful residential area. Minutes from Berkeley’s renowned Gourmet District, including Chez Panisse, The Cheese Board, and the Berkeley Rose Garden, this home offers exceptional convenience paired with classic neighborhood charm. Features include period architectural charm blended with modern updates, hardwood floors, designer colors, French doors, formal dining room, and a gas fireplace with mahogany built ins. Double pane windows, ample closets, and a tastefully large bath. The Gourmet Chef’s kitchen offers high end stainless appliances, custom white…