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Stealpad › San Leandro, CA › ZIP 94579 › 895 Manor Blvd
895 Manor Blvd — 2 bd condo for sale in ZIP 94579, San Leandro
35Overpriced

895 Manor Blvd

ZIP 94579, San Leandro, CA · 94579
$799,000 21% above mkt
2 bd · 2.5 ba · 1,605 sqft · $498/sf
HOA $362/mo · 🏢 fee history ↓ · 73 days on market · built 2023
⚖️ Adjusted valueOverpricedasking is +21% over fair value
Model fair value · 2 sold comps · ±9%$672,769
vs model fair value · size · beds/baths · age · HOA · location+19%
Condition · Avg / verify in person0
Price history · ≈5% below its peak+2%
📐 How this Deal Score was built35Overpriced
Value gap · asking vs model fair value, after condition & price history−25.2
HOA burden · $362/mo = 0.54%/yr of price vs a 1.33% norm — at or below normal, no charge0
Days on market · 73 days — it has sat, so you have leverage+3
Raw advantage · the three above, combined−22.2
Model confidence · weak — ±9% typical model error across 2 sold comps. The less certain the model, the harder the gap is pulled back toward neutral×0.6
Deal Score35/100

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

$5,703/mo all-in
20% down at 7.4% (this week's 30-year average) · mortgage + tax + insurance + HOA
Mortgage principal & interest$4,426
Property tax (1.30% effective)$866
Insurance (estimate)$50
HOA dues$362
Total monthly$5,703
Rough cash to close$179,775

22% of that payment is not the mortgage. The HOA fee alone is $21,720 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $5,341.

Financing type

Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($39,950). 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 ($362 in 2026), not enough for a trend yet. The listing shows $362/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
  • On market 73 days → some leverage
  • In-unit W/D
  • Garage parking
  • Low HOA (0.5%/yr)
⚠️ Cons
  • 19% above model fair value
🚩 Red flags
  • Still cutting price ($838k→$810k→$799k)

Photos

Price history (this unit)

Trough $799,000 Sep 17, 2026Now $799,000Peak $838,000 Jul 30, 2026
Current list price is 5% below its peak · +0% above its trough.
  • Sep 17, 2026 — Price Changed $799,000
  • Aug 13, 2026 — Price Changed $810,000
  • Jul 30, 2026 — Listed $838,000

Description

Improved Price! Built in 2023, this modern two-bedroom, two-and-a-half bathroom condominium/townhouse offers approximately 1,605 square feet. The inviting entryway leads to a spacious living space with open-concept layout filled with abundant natural light and a neutral color palette. Hardwood flooring and modern appliances complement the home's generous living areas. The primary bedroom features plush carpeting, while the spa-like bathroom boasts modern fixtures. Residents can enjoy the tranquility of the spacious balcony and its scenic outdoor view. Owned solar.

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