208 North Lake Merced Hls Unit 4F
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
31% of that payment is not the mortgage. The HOA fee alone is $76,440 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $6,335.
FHA approval has expired on this project. An FHA buyer cannot use it today, and the fact that it once qualified and then stopped is worth asking the board about. Plan on a conventional loan — 5% down at the very least.
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 ($1,274 in 2026), not enough for a trend yet. The listing shows $1,274/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
- 27% below model fair value
- In-unit W/D
- Garage parking
⚠️ Cons
- HOA $1274/mo
- Ground floor
- Photos look dim — verify light in person
🚩 Red flags
- Very high HOA $1274/mo (full-service high-rise)
Photos
Price history (this unit)
- Oct 1, 2026 — Listed $949,000
- Jan 19, 2017 — Sold (Public Records) $815,000
- Jan 12, 2005 — Sold (Public Records) $608,000
- May 28, 2004 — Sold (Public Records) $618,000
Description
Rare Opportunity to own a Top Floor 3 BR/2Bath End Unit in Lake Merced Hills! Artfully and beautifully updated, this home pulls you in to a tranquil and secure living space. The vaulted ceilings create a wonderful feeling of openness and spaciousness. Corner end unit means there is only one shared wall. Enjoy the cozy woodburning fireplace in the living room on cool nights, as well as the private relaxing balcony. Primary suite also features a double vanity and walk-in closet. Convenient in unit laundry, secure garage parking space with EV charging, and garage storage closet. HOA amenities include clubhouse, pool, spa, tennis and pickle ball courts, along with 24 hour security controlled…