3550 Buttonwood Ter #111
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 $43,740 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,825.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($28,500). 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
✅ Fairly steady · +1.9%/yrReconstructed from 4 units of recorded sales at 3550 Buttonwood Ter — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues have held relatively steady (about +1.9%/yr over 2 years across 4 units) — a good sign. Only the reserve study confirms the building is keeping up with its big-ticket repairs.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- On market 193 days → strong negotiating leverage
- In-unit W/D
- Garage parking
- HOA steady in this building (~1.9%/yr over 2yr)
⚠️ Cons
- HOA $729/mo
- Ground floor
- Photos look dim — verify light in person
🚩 Red flags
- Listed BELOW its 2022 sale ($655k) → value eroding
Photos
Price history (this unit)
- Apr 1, 2026 — Listed $570,000
- Apr 5, 2022 — Sold (MLS) $655,000
- Apr 5, 2022 — Sold (Public Records) $655,000
- Jan 21, 2022 — Listed $595,000
- Jan 7, 2016 — Sold (MLS) $550,000
- Jan 5, 2016 — Sold (Public Records) $550,000
Description
A Must-See End Unit in the Highly Desirable Meadowbrook Gate Community! Welcome to this beautifully updated end-unit condo featuring two spacious master suites and an impressive list of modern upgrades. Enjoy newer interior paint, recessed lighting, flooring, and a fully updated kitchen. The functional layout includes inside laundry and a private deck overlooking the serene greenbelt—giving you the feeling of having your own expansive backyard. This home comes with 2 covered underground parking spaces, a rare and valuable perk. Perfectly situated for commuters, the location offers a short distance to major tech companies such as Tesla and Meta, with easy access to 880 / 84 / 680, as well as…