1045 Stanford Ave #2
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 $12,000 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,692.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($19,950). 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 ($200 in 2026), not enough for a trend yet. The listing shows $200/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
- 30% below model fair value
- 27% below its 2026 peak
- On market 115 days → strong negotiating leverage
- In-unit W/D
⚠️ Cons
- Older building (1920)
- Ground floor
- Only 1 bath
🚩 Red flags
Photos
Price history (this unit)
- Jun 18, 2026 — Listed $550,000
- Feb 10, 2010 — Sold (MLS) $285,000
- Jan 22, 2010 — Sold (Public Records) $285,000
- Aug 11, 2009 — Price Changed $275,000
- Jun 4, 2009 — Listed $417,000
- Jun 24, 2004 — Sold (Public Records) $395,000
Description
Charming Craftsman Townhouse A rare opportunity to enjoy the charm and warmth of a Craftsman-style residence with the feel of a single-family home. This cheerful, sun-filled townhouse offers nearly 1,300 square feet of living space and a wonderfully functional floor plan that lives much larger than expected. Rich hardwood flooring flows throughout the spacious living room, formal dining room, and both generously sized bedrooms, creating a timeless and inviting atmosphere. The oversized eat-in kitchen is a standout feature, offering abundant cabinetry, ample counter space, and room to gather, while additional storage and closet space enhance everyday convenience. The bathroom is tastefully…