3477 16th 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 $12,480 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $6,659.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($49,900). 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 ($208 in 2026), not enough for a trend yet. The listing shows $208/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
- 39% below its 2004 peak
- In-unit W/D
- Low HOA (0.3%/yr)
⚠️ Cons
- Older building (1902)
- Only 1 bath
🚩 Red flags
- Listed BELOW its 2004 sale ($1630k) → value eroding
Photos
Price history (this unit)
- Oct 8, 2026 — Listed $998,000
- Aug 20, 2004 — Sold (MLS) $1,630,000
- Jul 8, 2004 — Listed $1,495,000
Description
Classic San Francisco character meets modern ease in this beautifully updated garden-level Edwardian with gracious architectural details, flexible living space, and a rare private outdoor retreat. Built in 1902 within a beautifully maintained three-unit building, this home pairs period charm with thoughtful updates. Original hardwood floors, handsome millwork, picture-rail molding, and beamed ceilings add warmth and character. The inviting living room features a wood-burning fireplace adorned with custom Heath tiles, traditional built-ins, and views toward the shared garden and expansive exclusive-use deck. The updated kitchen offers quartz countertops, stainless steel appliances, and ample…