567 Oakland Ave #112
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
36% of that payment is not the mortgage. The HOA fee alone is $47,040 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,699.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($20,000). 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 · +12.9%/yrReconstructed from 8 units of recorded sales at 567 Oakland Ave — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 44% in 3 years — about +12.9%/yr across 8 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
- 17% below model fair value
- 33% below its 2022 peak
- Garage parking
⚠️ Cons
- HOA $784/mo
- Older building (1970)
- Ground floor
🚩 Red flags
- HOA rising ~13%/yr in this building ($402/mo in 2023 → $578)
- Listed BELOW its 2022 sale ($580k) → value eroding
Photos
Price history (this unit)
- Oct 9, 2026 — Listed $399,995
- Mar 16, 2022 — Sold (MLS) $580,000
- Mar 16, 2022 — Sold (Public Records) $580,000
- Feb 4, 2022 — Price Changed $575,000
- Jan 18, 2022 — Listed $595,000
- Apr 19, 2016 — Sold (MLS) $452,000
Description
In the heart of Oakland’s Rose Garden neighborhood, this 2bdr/2ba ground floor end unit features a beautifully remodeled kitchen, fresh paint & a sunlit enclosed patio that makes working from home feel like a perk. Two bedrooms & two full bathrooms offer flexibility to share the home, welcome overnight guests or simply spread out. Completely remodeled in 2022, the kitchen features stainless steel appliances, a dishwasher, & a polished look that feels equally suited to everyday cooking or nights of entertaining. Laminate flooring installed in 2022, custom blinds & fresh paint give the interior a clean, cohesive feel. In the living room, the gas fireplace adds warmth & ambiance, making it an…