945 Fletcher Ln Unit A331
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 $34,200 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,951.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($21,900). 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 · +1.2%/yrReconstructed from 5 units of recorded sales at 945 Fletcher Ln — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues have held relatively steady (about +1.2%/yr over 3 years across 5 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
- On market 53 days → some leverage
- In-unit W/D
- HOA steady in this building (~1.2%/yr over 3yr)
⚠️ Cons
- HOA $570/mo
- Only 1 bath
🚩 Red flags
Photos
Price history (this unit)
- Sep 10, 2026 — Price Changed $438,000
- Aug 19, 2026 — Listed $499,000
- Mar 1, 2017 — Sold (Public Records) $350,000
- Jan 15, 1997 — Sold (Public Records) $96,000
- Jan 15, 1997 — Sold (Public Records) $96,000
- Jan 15, 1997 — Sold (Public Records) $48,000
Description
Presenting an updated 2-bedroom, 1-bathroom condo, offering breathtaking bay views from the dining area and balcony. This newly painted unit features updated lighting fixtures and multiple large windows for tons of natural lighting in the main living area. The kitchen boasts cherrywood shaker cabinets and granite counter tops. Enjoy the cozy comfort of carpet in the bedrooms and the main living area with large tile flooring in the kitchen and bath.The dual access bathroom has a newly remodeled shower with its own sink in the master bedroom. This unit also features an in-unit laundry closet for convenience. Additionally, this unit includes two assigned parking spaces, ensuring both…