175 Red Rock Way Apt 209K
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
35% of that payment is not the mortgage. The HOA fee alone is $46,680 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,030.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($22,500). 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 · +9.4%/yrReconstructed from 6 units of recorded sales at 175 Red Rock Way — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 31% in 3 years — about +9.4%/yr across 6 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
- On market 67 days → some leverage
- In-unit W/D
- Garage parking
⚠️ Cons
- Small (474 sf)
- HOA $778/mo
- Older building (1972)
🚩 Red flags
- HOA rising ~9%/yr in this building ($594/mo in 2023 → $778)
- Listed BELOW its 2019 sale ($480k) → value eroding
Photos
Price history (this unit)
- Aug 28, 2026 — Price Changed $450,000
- Aug 5, 2026 — Listed $435,000
- Dec 20, 2019 — Sold (Public Records) $480,000
- Feb 28, 2007 — Sold (Public Records) $345,000
Description
Discover peaceful hillside living at Diamond Heights Village, one of San Francisco's most distinctive residential communities. Overlooking a tranquil landscaped garden with a koi pond and cascading waterfall, this bright residence offers a serene retreat. The unit features an open floor plan, premium laminate flooring throughout, and a crisp neutral aesthetic that creates a clean, modern feel. The kitchen is appointed with quartz countertops and a new refrigerator, while two generously sized closets adjacent to the bathroom provide excellent storage. Residents enjoy a spacious clubhouse, expanded fitness center, heated outdoor pool, sauna, billiards, and party room, all surrounded by…