200 2nd St #403
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
34% of that payment is not the mortgage. The HOA fee alone is $37,620 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,842.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($22,450). 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 2026-08-20 — 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
2 recorded pointsReconstructed from 5 units of recorded sales at 200 2nd St — every recorded sale carries its HOA fee and date. No listing site shows this.
We have a few recorded HOA fees for this building but not yet enough to call a reliable trend, so these are the raw points — no rate implied. Its documents fill in the reserve health and assessment risk.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- Upper floor (fl 4)
- In-unit W/D
- Garage parking
- Newer build (2006)
⚠️ Cons
- 25% above model fair value
- HOA $627/mo
🚩 Red flags
Photos
Price history (this unit)
- Aug 21, 2026 — Listed $449,000
Description
Designed by acclaimed local architect David Baker and built in 2006, this bright and inviting 1-bedroom, 1-bath condominium offers stylish urban living in Oakland's sought-after Jack London neighborhood. Soaring ceilings, warm wood floors, and dramatic floor-to-ceiling windows fill the space with natural light, while a private balcony adds valuable outdoor livable space. In addition to the primary bedroom, the home also features a versatile alcove, originally designed as a den, which has been transformed with extensive custom built-ins, including a pull-down full-size Murphy bed with a device outlet, a built-in desk, printer cabinet, filing drawers, coat closet, broom closet, shoe closet, an