3475 Deerwood Ter #304
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
34% of that payment is not the mortgage. The HOA fee alone is $45,900 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,155.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($23,440). 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
2 recorded pointsReconstructed from 3 units of recorded sales at 3475 Deerwood Ter — every recorded sale carries its HOA fee and date. No listing site shows this.
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
- Undervalued once condition & history are priced in
- Upper floor (fl 3)
⚠️ Cons
- HOA $765/mo
- Only 1 bath
- Photos look dim — verify light in person
🚩 Red flags
- Listed BELOW its 2023 sale ($500k) → value eroding
Photos
Price history (this unit)
- Sep 10, 2026 — Listed $468,800
- Sep 10, 2026 — Listed $468,800
- Aug 11, 2023 — Sold (MLS) $500,000
- Aug 11, 2023 — Sold (Public Records) $500,000
- Jul 18, 2023 — Listed $469,988
- Jul 31, 2013 — Sold (MLS) $325,000
Description
No description captured.