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StealpadOakland, CARockridge5323 Miles Ave
5323 Miles Ave — 2 bd condo for sale in Rockridge, Oakland
21Overpriced

5323 Miles Ave

Rockridge, Oakland, CA · 94618
$899,000 26% above mkt
2 bd · 2 ba · 924 sqft · $973/sf
No HOA listed · 6 days on market · built 1941
⚖️ Adjusted valueOverpricedasking is +30% over fair value
Model fair value · 8 sold comps · ±13%$675,230
vs model fair value · size · beds/baths · age · HOA · location+33%
Condition · Avg / verify in person0
Price history · ≈26% below its peak−3%
📐 How this Deal Score was built21Overpriced
Value gap · asking vs model fair value, after condition & price history−36
HOA burden · no HOA published — estimated at 0.91%/yr so missing data isn't a free pass0
Days on market · 6 days — not long enough to give you leverage0
Raw advantage · the three above, combined−36
Model confidence · moderate — ±13% typical model error across 8 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.8
Deal Score21/100

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

$5,641/mo all-in
20% down at 6.65% (this week's 30-year average) · mortgage + tax + insurance
Mortgage principal & interest$4,617
Property tax (1.30% effective)$974
Insurance (estimate)$50
Total monthly$5,641
Rough cash to close$202,275
Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($44,950). 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 2026-08-20 — 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

We haven't reconstructed a multi-year fee history for this building yet. Upload its HOA docs and we'll build the full reserve & special-assessment report — free.

🏢 Get this building's free HOA report →
✅ Positives
  • 26% below its 2021 peak
  • In-unit W/D
  • Garage parking
⚠️ Cons
  • 33% above model fair value
  • Older building (1941)
🚩 Red flags
  • Listed BELOW its 2026 sale ($1050k) → value eroding

Photos

Price history (this unit)

Trough $895,000 Apr 9, 2026Now $899,000Peak $1,210,000 Jul 9, 2021
Current list price is 26% below its peak · +0% above its trough.
  • Aug 21, 2026 — Listed $899,000
  • May 1, 2026 — Sold (MLS) $1,050,000
  • May 1, 2026 — Sold (Public Records) $1,050,000
  • Apr 9, 2026 — Listed $895,000
  • Jul 9, 2021 — Sold (MLS) $1,210,000
  • Jun 17, 2021 — Listed $895,000

Description

Welcome to this beautifully updated, west-south-facing 2-bedroom, 2-bathroom condo in the highly sought-after Rockridge neighborhood of Oakland. Offering approximately 924 sq. ft., this bright and inviting home features an open floor plan filled with abundant natural light. The spacious living room showcases vaulted ceilings and provides an ideal setting for entertaining or relaxing. A cozy family room with a fireplace creates the perfect space for movie nights and everyday enjoyment. The updated galley kitchen features modern appliances, rich cabinetry, and generous quartz countertop space. The primary suite offers vaulted ceilings and plenty of closet space. Additional highlights include b

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