2550 Dana Unit 3H
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 $25,200 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,182.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($16,100). 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 ($343 in 2026), not enough for a trend yet. The listing shows $420/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
- 12% below model fair value
⚠️ Cons
- Small (500 sf)
- Older building (1962)
- Ground floor
🚩 Red flags
- Co-op / TIC, not a condo — you buy shares or a fractional interest, not the unit itself. Financing is harder and dearer, a board can vet or refuse you, resale may be price-capped, and the buyer pool is thin. Every comp behind the numbers below is a condominium, so treat the gap as an ownership-form discount until you have read the share loan terms and the bylaws.
- Only 1 photo — verify condition
Photos
Price history (this unit)
- May 10, 2024 — Sold (MLS) $306,888
- Feb 23, 2024 — Listed $308,888
- Oct 26, 2022 — Sold (MLS) $298,000
- Sep 13, 2022 — Listed $298,000
Description
Bright and inviting third-floor studio in Berkeley Town House, a welcoming 55+ cooperative community. The enclosed lanai features sliding windows and a lovely partial view of the Berkeley Hills, creating a comfortable spot to relax and enjoy the natural light. The unit offers updated flooring and a thoughtfully designed kitchenette with a stovetop, microwave, built-in refrigerator and ample cabinetry. Residents enjoy generous shared spaces on the main level, including comfortable lounges, dining and gathering areas, ping-pong, television seating and a spacious outdoor patio surrounded by greenery. Conveniently located near shops, restaurants, UC Berkeley and public transportation.