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Stealpad › Oakland, CA › Fruitvale › 3600 Green Acre Rd
3600 Green Acre Rd — 3 bd condo for sale in Fruitvale, Oakland
67Good value

3600 Green Acre Rd

Fruitvale, Oakland, CA · 94619
$478,000 23% below mkt
3 bd · 1.5 ba · 1,316 sqft · $363/sf
HOA $600/mo · 🏢 fee history ↓ · 18 days on market · built 1983
💎 Hidden gem
⚖️ Adjusted valueUndervaluedasking is 23% under fair value
Model fair value · 1 sold comps · ±15%$621,206
vs model fair value · size · beds/baths · age · HOA · location−23%
Condition · Avg / verify in person0
Price history · at/near its all-time high0
📐 How this Deal Score was built67Good value
Value gap · asking vs model fair value, after condition & price history+27.6
HOA burden · $600/mo = 1.51%/yr of price vs a 1.33% norm−1.4
Days on market · 18 days — not long enough to give you leverage0
Raw advantage · the three above, combined+26.2
Model confidence · weak — ±15% typical model error across 1 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.6
Deal Score67/100

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

$3,815/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$2,648
Property tax (1.30% effective)$518
Insurance (estimate)$50
HOA dues$600
Total monthly$3,815
Rough cash to close$107,550

31% of that payment is not the mortgage. The HOA fee alone is $36,000 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,215.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($23,900). 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 ($600 in 2026), not enough for a trend yet. The listing shows $600/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
  • 23% below model fair value
  • Garage parking
⚠️ Cons
  • HOA $600/mo
🚩 Red flags
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Photos

Price history (this unit)

Only one sale-price event on record ($478,000 on Sep 23, 2026).
  • Sep 23, 2026 — Listed $478,000
  • Sep 23, 2026 — Listed $478,000

Description

Welcome to 3600 Green Acre Rd, a newly renovated townhome-style condo in a peaceful, gated Oakland community! Nestled right next to single-family homes on the edge of the desirable Laurel / Redwood Heights neighborhood, this 1,316 sq ft, 3-bedroom, 1.5-bathroom home features a bright and functional layout flooded with natural light. The main level seamlessly connects the spacious living room with a cozy fireplace, dining area, and kitchen, creating an ideal setting for daily living and entertaining. Step outside to relax on your own private balcony. Upstairs, you will find three well-proportioned bedrooms with ample closet space. Additional highlights include private parking, central AC…

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