38 Silk Oak Ter
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
23% of that payment is not the mortgage. The HOA fee alone is $28,380 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,679.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($42,500). 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
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($473 in 2026), not enough for a trend yet. The listing shows $473/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
- On market 80 days → some leverage
- Garage parking
- Low HOA (0.7%/yr)
- Newer build (2006)
⚠️ Cons
- $/sf above the Fremont norm ($691 vs $641)
🚩 Red flags
Photos
Price history (this unit)
- Jul 23, 2026 — Listed $850,000
- Jul 23, 2026 — Listed $850,000
- Feb 20, 2021 — Sold (MLS) $840,000
- Feb 20, 2021 — Sold (MLS) $840,000
- Jan 15, 2021 — Listed $789,000
- Jan 15, 2021 — Listed $789,000
Description
Bright, southeast-facing, meticulously maintained home filled with abundant natural light and beautiful mountain views from the front patio. The spacious living room features a vaulted ceiling and dramatic floor-to-ceiling windows. Recently refreshed with new interior and exterior paint. The remodeled kitchen offers a welcoming kitchen/dining area with laminate flooring, stainless steel appliances, and a pantry. The home features two bedrooms, including a spacious primary bedroom with a large walk-in closet and a full bath with separate tub and shower. Additional highlights include central heating and air conditioning and a two-car garage with generous storage space. The community offers…