631 Folsom St Unit 7B
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
30% of that payment is not the mortgage. The HOA fee alone is $80,160 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $7,431.
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 2026-11-05 — 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
We haven't reconstructed a multi-year fee history for this building yet. We have one recorded fee on file ($1,353 in 2026), not enough for a trend yet. The listing shows $1,336/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
- Cheapest of 5 tracked in Yerba Buena
- Garage parking
- Low HOA (1.4%/yr)
- Newer build (2009)
⚠️ Cons
- 15% above model fair value
- HOA $1336/mo
- Ground floor
🚩 Red flags
- Very high HOA $1336/mo (full-service high-rise)
Photos
Price history (this unit)
- Oct 14, 2026 — Listed $1,195,000
- Oct 14, 2026 — Listed $1,195,000
- May 23, 2025 — Sold (Public Records) $895,500
- May 23, 2022 — Price Changed $4,200
- May 19, 2022 — Price Changed $4,200
- Jan 9, 2014 — Sold (Public Records) $985,000
Description
Experience sophisticated urban living at Blu, a luxury high-rise condominium building ideally situated in San Franciscos vibrant Yerba Buena/South Beach neighborhood. This beautifully remodeled residence with a gourmet kitchen, luxurious primary suite and premium-grade finishes throughout, offers an open floor plan designed for modern living and entertaining. Enjoy the comfort of central A/C and the convenience of an in-unit washer and dryer. Blu offers an impressive collection of amenities, including a 24/7 front desk receptionist, secure parking garage, bike storage, and an inviting garden courtyard for grilling and entertaining, a peaceful retreat in the heart of the city. The location…