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Stealpad › Hayward, CA › ZIP 94544 › 713 Canonbury Way #398
713 Canonbury Way #398 — 2 bd condo for sale in ZIP 94544, Hayward
49Fair price

713 Canonbury Way #398

ZIP 94544, Hayward, CA · 94544
$450,000 ~at market (-1%)
2 bd · 2 ba · 906 sqft · $497/sf
HOA $579/mo · 🏢 fee history ↓ · Floor 3 · 27 days on market · built 1988
⚖️ Adjusted valueFairly pricedasking is 1% under fair value
Model fair value · 92 sold comps · ±7%$456,740
vs model fair value · size · beds/baths · age · HOA · location−1%
Condition · Avg / verify in person0
Price history · limited sale history0
📐 How this Deal Score was built49Fair price
Value gap · asking vs model fair value, after condition & price history+1.2
HOA burden · $579/mo = 1.54%/yr of price vs a 1.33% norm−1.7
Days on market · 27 days — not long enough to give you leverage0
Raw advantage · the three above, combined−0.5
Model confidence · strong — ±7% typical model error across 92 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×1
Deal Score49/100

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

$3,609/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$2,493
Property tax (1.30% effective)$488
Insurance (estimate)$50
HOA dues$579
Total monthly$3,609
Rough cash to close$101,250

31% of that payment is not the mortgage. The HOA fee alone is $34,740 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,030.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($22,500). 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 · +5%/yr

Reconstructed from 3 units of recorded sales at 713 Canonbury Way — every recorded sale carries its HOA fee and date. No listing site shows this.

$4542021$5622024$5792026
$579/mo · 2026
+28% since 2021

These dues have held relatively steady (about +5%/yr over 5 years across 3 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
  • Upper floor (fl 3)
⚠️ Cons
  • HOA $579/mo
  • Photos look dim — verify light in person
🚩 Red flags
  • Only 1 photo — verify condition

Photos

Price history (this unit)

  • —

Description

Beautifully maintained top-floor 2-bedroom, 2-bath condo in a peaceful Hayward Hills setting, offering lovely views from the private balcony and a comfortable, convenient lifestyle. The spacious floor plan features a separate dining area, generous closets, additional balcony storage, and convenient in-unit laundry with washer and dryer. The kitchen is equipped with newer appliances, including a range, refrigerator, microwave, and dishwasher. Two designated parking spaces—one covered carport and one open space—plus guest parking provide added convenience. Enjoy an impressive selection of community amenities including two swimming pools and spas, clubhouse, fitness center, sauna, and shower…

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