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Stealpad › Oakland, CA › Lakeshore › 322 Hanover Ave #212
322 Hanover Ave #212 — 2 bd condo for sale in Lakeshore, Oakland
43Priced high

322 Hanover Ave #212

Lakeshore, Oakland, CA · 94606
$525,000 ~at market (+4%)
2 bd · 2 ba · 1,005 sqft · $522/sf
HOA $745/mo · 🏢 fee history ↓ · Floor 2 · 3 days on market · built 1984
View on Redfin ↗🏢 This building's HOA ↓
⚖️ Adjusted valueFairly pricedasking is +4% over fair value
Model fair value · 5 sold comps · ±15%$549,417
vs model fair value · size · beds/baths · age · HOA · location−4%
Condition · Interior n/a — verify+3%
Price history · at/near its all-time high+5%
📐 How this Deal Score was built43Priced high
Value gap · asking vs model fair value, after condition & price history−4.8
HOA burden · $745/mo = 1.7%/yr of price vs a 1.33% norm−3
Days on market · 3 days — not long enough to give you leverage0
Raw advantage · the three above, combined−7.8
Model confidence · moderate — ±15% typical model error across 5 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.8
Deal Score43/100

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

$4,272/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$2,908
Property tax (1.30% effective)$569
Insurance (estimate)$50
HOA dues$745
Total monthly$4,272
Rough cash to close$118,125

32% of that payment is not the mortgage. The HOA fee alone is $44,700 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,527.

Adjust the down payment & rate →Compare your Loan Estimates →

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

2 recorded points

Reconstructed from 7 units of recorded sales at 322 Hanover Ave — every recorded sale carries its HOA fee and date. No listing site shows this.

$7102025$7452026
$745/mo · 2026
+5% since 2025

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
  • Top (5th) floor — best views/light/quiet
  • True 2/2; brand-new listing
⚠️ Cons
  • Priciest of all 24
  • 16% above comps
  • HOA $745
🚩 Red flags
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Photos

Price history (this unit)

Trough $140,000 Sep 29, 1989Now $525,000Peak $419,000 Sep 8, 2006
Current list price is +25% above its prior peak (listed at an all-time high) · +275% above its trough.
  • Sep 8, 2006 — Sold (Public Records) $419,000
  • Sep 7, 2006 — Sold (MLS) $419,000
  • Aug 8, 2006 — Listed $419,000
  • Sep 29, 1989 — Sold (Public Records) $140,000

Description

This bright, updated corner condo features a large private patio that invites you to lounge, dine, and garden to your heart’s content. The 2 ensuite bedrooms provide separation of space, while the generous outdoor area, dining room, and living room with fireplace encourage gatherings with friends & family. Throughout the unit, new LVP flooring (2026), fresh paint, and abundant natural light offer a warm backdrop, while bolder design choices lend personality and good vibes. The updated kitchen features soft-close drawers, ample cabinet space, and a sparkling new fridge (2026). The light-filled primary bedroom includes a walk-in closet and updated bath with double sinks, sleek countertops…

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1410 Lakeshore Ave #6 · $925,000 · 631438 Lakeshore Ave #6 · $399,000 · 34322 Hanover Ave #511 · $650,000 · 30

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