2505 Miramar Ave #114
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
32% of that payment is not the mortgage. The HOA fee alone is $35,400 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $2,891.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($21,450). 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
4 recorded pointsReconstructed from 7 units of recorded sales at 2505 Miramar Ave — every recorded sale carries its HOA fee and date. No listing site shows this.
We have a few recorded HOA fees for this building but not yet enough to call a reliable trend, so these are the raw points — no rate implied. Its documents fill in the reserve health and assessment risk.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- In-unit W/D
⚠️ Cons
- HOA $590/mo
- Ground floor
🚩 Red flags
- Still cutting price ($485k→$480k→$429k)
- Listed BELOW its 2023 sale ($515k) → value eroding
Photos
Price history (this unit)
- Aug 12, 2026 — Price Changed $429,000
- Jul 16, 2026 — Price Changed $480,000
- Jun 16, 2026 — Listed $485,000
- Dec 18, 2023 — Sold (MLS) $515,000
- Dec 18, 2023 — Sold (Public Records) $515,000
- Nov 16, 2023 — Listed $530,000
Description
Discover the charm of Miramar! This stunning balcony provides an unbeatable view of the San Francisco Bay. Spanning nearly 900 square feet, the open floor plan boasts 2 bedrooms & 2 bathrooms, all featuring elegant laminate floors. The kitchen shines with its quartz countertops, and you'll appreciate the convenience of indoor laundry and a cozy wood-burning fireplace. Just minutes away from downtown Castro Valley, you'll find an array of dining and shopping options, including the Castro Valley Marketplace, a local post office, Trader Joe’s, Safeway, and Starbucks. Don't miss out on Genghix for delicious sushi or Canyons BBQ. Plus, the new Mei Mei Market adds even more variety to your local…