1545 Pine St #410
This is an income-restricted (BMR) resale. Its price is set by an income formula, not by the market, so the gap against normal comps is not equity you own — it is a restriction you inherit, with income limits to qualify and a formula price when you sell. Scoring it against market comps would flatter it enormously, so we don't score it at all.
💵What this unit actually costs per month
43% of that payment is not the mortgage. The HOA fee alone is $70,080 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,622.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($19,779). 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 2026-11-05 — 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
✅ Fairly steady · +4%/yrReconstructed from 10 units of recorded sales at 1545 Pine St — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues have held relatively steady (about +4%/yr over 4 years across 10 units) — a good sign. Only the reserve study confirms the building is keeping up with its big-ticket repairs.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- 20% below model fair value
- Upper floor (fl 4)
- In-unit W/D
- Newer build (2017)
⚠️ Cons
- Small (536 sf)
- Photos look dim — verify light in person
🚩 Red flags
- Income-restricted (BMR) resale — price set by an income formula, not the market; buyer income limits apply and the gap vs comps is not equity
- Very high HOA $1168/mo (full-service high-rise)
- HOA $1168/mo — 3.5%/yr of the price
Photos
Price history (this unit)
- Oct 14, 2026 — Listed $395,589
Description
1 bedroom with parking at The Austin. Prime location close to transportation, shopping, and restaurants. Building amenities include rooftop terrace with BBQ area, lobby attendant, bike storage, lobby lounge, and courtyard. Temporary Waivers apply see Dahlia Housing listing for more info. Below Market Rate (BMR) housing opportunity available at up to 120% Area Median Income (AMI). Maximum income for 1 person = $136,150; 2 = $155,650; 3 = $1175,100; 4 = $194,500; 5 = $210,050, etc. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit will be listed…