1047 Mississippi St #7
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
24% of that payment is not the mortgage. The HOA fee alone is $31,500 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,678.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($42,495). 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 ($525 in 2026), not enough for a trend yet. The listing shows $525/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
- Garage parking
- Low HOA (0.7%/yr)
⚠️ Cons
- Ground floor
🚩 Red flags
- Live/work loft — workspace-heavy sqft and a thinner buyer pool inflate the apparent discount vs regular condo comps
Photos
Price history (this unit)
- Oct 8, 2026 — Listed $849,900
- Aug 18, 2004 — Sold (Public Records) $477,500
- Jan 11, 2002 — Sold (MLS) $352,000
- Jan 11, 2002 — Sold (Public Records) $352,000
- Oct 18, 2001 — Listed $359,000
Description
Sweeping Bay views, top-floor loft-style living, and an exceptional Potrero Hill location come together in this distinctive live/work condominium on the border of Potrero Hill and Dogpatch. Set in an intimate 9-unit building built in 2001, this well-maintained home offers soaring ceilings, beautiful eastern views, in-unit laundry, two private outdoor spaces, and parking - a rare combination of features in the city. Soaring cathedral ceilings and a skylight create an airy sense of space, with Bay views toward the Bay Bridge, Salesforce Tower, and East Bay visible from the main living area, loft, and front balcony. The elevated loft-style bedroom area offers separation while maintaining the…