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Stealpad › Oakland, CA › Glenview › 2901 Macarthur Blvd #213
2901 Macarthur Blvd #213 — 2 bd condo for sale in Glenview, Oakland
58Fair price

2901 Macarthur Blvd #213

Glenview, Oakland, CA · 94602
$299,000 18% below mkt
2 bd · 1 ba · 790 sqft · $378/sf
HOA $719/mo · 🏢 fee history ↓ · Floor 2 · 23 days on market · built 1991
💎 Hidden gem
⚖️ Adjusted valueUndervaluedasking is 18% under fair value
Model fair value · 3 sold comps · ±15%$377,528
vs model fair value · size · beds/baths · age · HOA · location−21%
Condition · Avg / verify in person0
Price history · at/near its all-time high+3%
📐 How this Deal Score was built58Fair price
Value gap · asking vs model fair value, after condition & price history+21.6
HOA burden · $719/mo = 2.89%/yr of price vs a 1.33% norm−12.4
Days on market · 23 days — not long enough to give you leverage0
Raw advantage · the three above, combined+9.2
Model confidence · moderate — ±15% typical model error across 3 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.8
Deal Score58/100

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

$2,749/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$1,656
Property tax (1.30% effective)$324
Insurance (estimate)$50
HOA dues$719
Total monthly$2,749
Rough cash to close$67,275

40% of that payment is not the mortgage. The HOA fee alone is $43,140 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,030.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($14,950). 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

🚩 Rising fast · +7.4%/yr

Reconstructed from 9 units of recorded sales at 2901 Macarthur Blvd — every recorded sale carries its HOA fee and date. No listing site shows this.

$5912023$6212024$6382025$7332026
$733/mo · 2026
+24% since 2023

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
  • 21% below model fair value
  • Garage parking
⚠️ Cons
  • HOA $719/mo
  • Only 1 bath
🚩 Red flags
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Photos

Price history (this unit)

Trough $71,000 Oct 18, 1996Now $299,000Peak $300,000 Sep 18, 2026
Current list price is 0% below its peak · +321% above its trough.
  • Sep 18, 2026 — Listed $300,000
  • Sep 24, 2013 — Sold (MLS) $199,000
  • Sep 18, 2013 — Sold (Public Records) $199,000
  • Aug 11, 2013 — Price Changed $199,000
  • Jul 16, 2013 — Price Changed $189,000
  • Jul 4, 2013 — Listed $199,000

Description

A true gem in the Dimond! This beautifully renovated 2-bedroom, 1-bath condominium welcomes you with a thoughtful design and an open-concept floorplan. Inside, fresh paint, recessed lighting, luxury vinyl tile, and refined interior details create a relaxing backdrop for everyday life. The super-sleek kitchen blends style and practicality with luminous quartz countertops, new appliances, and contemporary cabinets and pulls. Entertaining is a breeze with the well-connected breakfast bar, dining space, and living room. From the generous primary suite, through glass sliders, you have your own private balcony for morning coffee or just a change of scenery. The gorgeous spa-like bathroom features…

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