500 Somi Ct #307
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 $44,040 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,884.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($28,950). 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 ($734 in 2026), not enough for a trend yet. The listing shows $734/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
- Upper floor (fl 3)
- In-unit W/D
- Garage parking
- Newer build (2025)
⚠️ Cons
- HOA $734/mo
🚩 Red flags
Photos
Price history (this unit)
- Sep 8, 2026 — Listed $579,000
Description
Please note: Images shown are of a similar unit. Photos are from model home and are not representative of finishes in listed home. NEW INCREASED BUYER INCENTIVES AND CREDITS available for closing costs, rate buy downs and solar purchase. Turnkey new construction! This is a flat 1,439 square foot 2 bedroom 2 full bath and den home with a beautiful open floor plan and designer interior finishes. The floor plan features a spacious kitchen, living, and dining room area that opens onto a deck. There is a walk-in closet in the primary bedroom and more storage options throughout the home. The community will feature a dog park, overlook park, and a public walking trail within the community. Great…