NEW2822 Polk St
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
20% of that payment is not the mortgage. The HOA fee alone is $28,800 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $10,613.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($79,750). 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. The listing shows $480/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
- Brand-new listing
- Low HOA (0.4%/yr)
⚠️ Cons
- 40% above model fair value
- Older building (1940)
- Only 1 bath
🚩 Red flags
Photos
Price history (this unit)
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Description
Perched on the top floor of an intimate two-unit building, this light-filled, full-floor condominium pairs classic San Francisco character with tasteful modern updates in one of the city's most sought-after and convenient neighborhoods. A graceful staircase with a wrought-iron balustrade rises to a welcoming landing with gleaming basketweave parquet floors. The spacious living room is bathed in light from a wide bay window, with a corner fireplace, carved mantel, crown molding, and brass sconces adding period warmth. A wide cased opening connects to the formal dining room, where French door windows draw in more light over a space that seats six or more. The remodeled kitchen is crisp and…