3768 Capitol Ave Unit 305B
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
26% of that payment is not the mortgage. The HOA fee alone is $51,300 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $7,262.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($54,450). 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
2 recorded pointsReconstructed from 11 units of recorded sales at 3768 Capitol Ave — 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
- 16% below model fair value
- Upper floor (fl 3)
- In-unit W/D
- Garage parking
⚠️ Cons
- HOA $855/mo
🚩 Red flags
Photos
Price history (this unit)
- Sep 9, 2026 — Listed $1,089,000
- Oct 30, 2020 — Sold (Public Records) $968,000
- Oct 30, 2020 — Sold (Public Records) $968,000
Description
Nestled within the Locale at State Street Community, a beautifully maintained three-bedroom, three-and-a-half-bathroom tri-level townhouse style condo. Approximately six years young and newly painted throughout, this move-in-ready home offers a thoughtfully designed floor plan with abundant natural light and modern comfort. The main living level features an inviting great-room floor plan with excellent natural light and an open, welcoming atmosphere. The kitchen is ideally positioned at the heart of the living area and features a generous bar counter, creating an ideal setting for casual dining and entertaining. A convenient guest bathroom completes the main level. Step outside to enjoy…