2901 Macarthur Blvd #103
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
41% of that payment is not the mortgage. The HOA fee alone is $44,760 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $1,963.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($14,444). 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
🚩 Rising fast · +7.4%/yrReconstructed from 9 units of recorded sales at 2901 Macarthur Blvd — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 24% in 3 years — about +7.4%/yr across 9 units of recorded sales, well above inflation. A rise this steep is a leading signal of a special assessment, a drained reserve fund, or an insurance shock. The listing never shows it; the building's documents are where the "why" lives.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- 28% below model fair value
⚠️ Cons
- HOA $746/mo
- Ground floor
- Only 1 bath
🚩 Red flags
Photos
Price history (this unit)
- Aug 31, 2026 — Listed $288,888
- Sep 8, 2010 — Sold (MLS) $85,000
- Aug 7, 2010 — Price Changed $92,000
- Jul 27, 2010 — Price Changed $96,000
- Jun 19, 2010 — Listed $98,500
- Sep 17, 2004 — Sold (MLS) $267,000
Description
Beautifully maintained ground-floor condo located in Oakland’s desirable Dimond District. This well-appointed unit features a comfortable and functional floor plan, with a spacious living and dining area that flows seamlessly into the kitchen—ideal for everyday living and entertaining. The bedroom is generously sized with ample closet space, and the bathroom offers a clean and practical layout. As a ground-level unit, it provides easy, stair-free access for both residents and guests. HOA dues include water and garbage, adding convenience and helping reduce monthly utility costs. Conveniently located near shopping, restaurants, parks, and major commuter routes, with quick access to I-580 and…