4038 Central Ave #300
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
24% of that payment is not the mortgage. The HOA fee alone is $33,000 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 ($550 in 2026), not enough for a trend yet. The listing shows $550/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 61 days → some leverage
- Upper floor (fl 3)
- Low HOA (0.8%/yr)
- Newer build (2015)
⚠️ Cons
- HOA $550/mo
🚩 Red flags
Photos
Price history (this unit)
- —
Description
Beautiful townhome-style corner condominium filled with abundant natural light! Formerly the community's model home, this thoughtfully upgraded residence showcases quality finishes and designer touches throughout. The inviting open floor plan features recessed lighting, hardwood flooring on the main level, and premium carpet upstairs. The spacious kitchen is equipped with granite countertops, a large pantry, a stylish tile backsplash, and ample cabinetry, making it ideal for both everyday living and entertaining. Elegant crown molding, a custom accent wall in the powder room, and custom closet organizers in both bedrooms add both style and functionality. Each generously sized bedroom…