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StealpadEmeryville, CAZIP 946083 Commodore Dr Unit B153
3 Commodore Dr Unit B153 — 1 bd condo for sale in ZIP 94608, Emeryville
48Fair price

3 Commodore Dr Unit B153

ZIP 94608, Emeryville, CA · 94608
$339,000 ~at market (-6%)
1 bd · 1 ba · 710 sqft · $477/sf
HOA $752/mo · 🏢 fee history ↓ · 10 days on market · built 1973
⚠️ HOA trap
⚖️ Adjusted valueFairly pricedasking is 7% under fair value
Model fair value · 65 sold comps · ±9%$375,245
vs model fair value · size · beds/baths · age · HOA · location−10%
Condition · Avg / verify in person0
Price history · at/near its all-time high+3%
📐 How this Deal Score was built48Fair price
Value gap · asking vs model fair value, after condition & price history+8.4
HOA burden · $752/mo = 2.66%/yr of price vs a 1.34% norm−10.6
Days on market · 10 days — not long enough to give you leverage0
Raw advantage · the three above, combined−2.2
Model confidence · moderate — ±9% typical model error across 65 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.8
Deal Score48/100

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

$2,910/mo all-in
20% down at 6.65% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$1,741
Property tax (1.30% effective)$367
Insurance (estimate)$50
HOA dues$752
Total monthly$2,910
Rough cash to close$76,275

40% of that payment is not the mortgage. The HOA fee alone is $45,120 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,158.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($16,950). 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 2026-08-20 — 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

4 recorded points

Reconstructed from 11 units of recorded sales at 3 Commodore Dr — every recorded sale carries its HOA fee and date. No listing site shows this.

$7732023$8102024$9152025$9682026
$968/mo · 2026
+25% since 2023

We have a few recorded HOA fees for this building but not yet enough to call a reliable trend, so these are the raw points — no rate implied. Its documents fill in the reserve health and assessment risk.

🏢 Get this building's full reserve & assessment report — free →
✅ Positives
  • Best $/sf of 10 tracked in Emeryville
  • Garage parking
⚠️ Cons
  • HOA $752/mo
🚩 Red flags

Photos

Price history (this unit)

Trough $61,000 Jun 12, 1987Now $339,000Peak $339,000 Aug 17, 2026
Current list price is 0% below its peak · +456% above its trough.
  • Aug 17, 2026 — Listed $339,000
  • Mar 20, 2003 — Sold (Public Records) $235,000
  • Mar 19, 2003 — Sold (MLS) $235,000
  • Jan 15, 2003 — Listed $239,000
  • Aug 5, 1999 — Sold (Public Records) $134,200
  • Jun 22, 1990 — Sold (Public Records) $96,000

Description

OPEN HOUSE: SUNDAY, AUGUST 23 | 1-4PM. Light-Filled First-Floor Condo w/ Extra-Large Private Deck & Lush, Tree-Lined Setting! Step into this bright and inviting 1-bedroom, 1-bath condo offering an open and comfortable floor plan with hardwood floors and abundant natural light throughout. The spacious living room opens directly to an extra-large private deck, offering a wonderful extension of the living space surrounded by mature trees and lush landscaping. The kitchen features warm wood cabinetry, granite countertops, and stainless steel appliances, while the generously sized bedroom offers excellent natural light and ample closet space. Freshly painted walls and updated light fixtures a

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