651 Oakland Ave Unit 2D
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
39% of that payment is not the mortgage. The HOA fee alone is $39,480 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $1,937.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($14,250). 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
2 recorded pointsReconstructed from 3 units of recorded sales at 651 Oakland Ave — every recorded sale carries its HOA fee and date. No listing site shows this.
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
- Cheapest of 5 tracked in Piedmont Avenue
- 12% below model fair value
- 31% below its 2015 peak
- On market 88 days → some leverage
⚠️ Cons
- Small (597 sf)
- HOA $658/mo
- Older building (1967)
🚩 Red flags
- HOA rising ~17%/yr in this building ($485/mo in 2024 → $658)
- Listed BELOW its 2024 sale ($380k) → value eroding
Photos
Price history (this unit)
- Jul 15, 2026 — Listed $318,000
- Jan 4, 2024 — Sold (MLS) $380,000
- Jan 4, 2024 — Sold (Public Records) $380,000
- Nov 28, 2023 — Price Changed $393,000
- Oct 13, 2023 — Price Changed $399,000
- Sep 14, 2023 — Listed $408,000
Description
Updated single-level condo in one of Oakland's most convenient locations! Just blocks from Kaiser Permanente Oakland Medical Center, Morcom Rose Garden, and vibrant Piedmont Avenue, this move-in ready home offers an ideal blend of comfort and accessibility. The spacious living and dining area features updated flooring, recessed lighting, and sliding glass doors leading to a private balcony. The kitchen includes granite countertops, abundant cabinetry, and breakfast bar seating. The generously sized bedroom offers custom built-in wardrobe storage, while the updated bathroom features granite counters and a tiled tub/shower enclosure. Additional amenities include elevator access, secured…