55 Fairmount Villas

55 Fairmount Avenue Homeowners' Association

UNITS

MANAGED BY

Homeowners Management Company

51 BUILT

1970

HOA FINANCES

Excellent

Monthly HOA Dues should be stable within the next year and risk of a Special Assessment is very low.

Learn More >

IMPACT ON OWNERS

Very High

The ratio of Monthly Dues to estimated Mortgage payment is very high. Any increase in Monthly Dues or Special Assessments may have serious financial impact.

Score Breakdown

What is HOA Score ?

®

It's like a credit score for an HOA... a lower HOA Score® means higher risk of dues increases and special assessments in future.

Derived from HOA financials and MLS Data.

9.38

OUT OF 10.00

Last Update

HOA SCORE

Mar 27, 2024

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

1.71 CURRENT INCREASE (%)

0.24 LAST YEAR INCREASE (%)

'-0.24

BUDGETING

CURRENT INCREASE

LAST YEAR INCREASE

AVG. YEARLY INCREASE

SPENDING

LAST YEAR VS. BUDGET

PREVIOUS YEAR VS. BUDGET

RESERVE FUNDING

PERCENT FUNDED

FOLLOWING FUNDING PLAN

CONTRIBUTION INCREASE

DATA SOURCES

ADDRESS	MLS	DATE
55 Fairmount Avenue, Unit 316	41026196	05/04/2023
55 Fairmount Avenue, Unit 108	41007858	09/08/2022
55 Fairmount Avenue, Unit 112	422641226	03/23/2022
55 Fairmount Avenue, Unit 212	40956537	06/29/2021
55 Fairmount Avenue, Unit 201	ML81839397	04/16/2021
55 Fairmount Avenue, Unit 110	40938422	02/19/2021
55 Fairmount Avenue, Unit 107	40936501	02/03/2021
55 Fairmount Avenue, Unit 313	40917678	08/21/2020
55 Fairmount Avenue, Unit 208	40914332	07/29/2020
55 Fairmount Avenue, Unit 107	40909385	06/20/2020
55 Fairmount Avenue, Unit 315	40871937	06/26/2019
55 Fairmount Avenue, Unit 307	40836867	09/04/2018
55 Fairmount Avenue, Unit 108	40824084	05/31/2018
55 Fairmount Avenue, Unit 103	40818324	04/19/2018
55 Fairmount Avenue, Unit 316	40814940	03/23/2018
55 Fairmount Avenue, Unit 311	40812393	03/02/2018
55 Fairmount Avenue, Unit 201	40806128	12/23/2017
55 Fairmount Avenue, Unit 215	40779729	05/03/2017
55 Fairmount Avenue, Unit 310	40765921	12/15/2016
55 Fairmount Avenue, Unit 102	40757386	09/15/2016
55 Fairmount Avenue, Unit 107	40748977	07/13/2016
55 Fairmount Avenue, Unit 207	40745034	06/15/2016
55 Fairmount Avenue, Unit 309	40700843	05/28/2015
55 Fairmount Avenue, Unit 401	40698559	05/12/2015
55 Fairmount Avenue, Unit 104	40666053	07/15/2014
55 Fairmount Avenue, Unit 304	40597636	12/04/2012
55 Fairmount Avenue, Unit 109	40562047	02/16/2012
55 Fairmount Avenue, Unit 301	40557476	01/10/2012
55 Fairmount Avenue, Unit 115	40542659	09/11/2011
55 Fairmount Avenue, Unit 213	40478035	07/21/2010
55 Fairmount Avenue, Unit 206	40446083	01/15/2010
55 Fairmount Avenue, Unit 302	40444815	01/07/2010
55 Fairmount Avenue, Unit 209	40397748	02/27/2009
55 Fairmount Avenue, Unit 205	40394363	02/08/2009
55 Fairmount Avenue, Unit 116	40231824	12/29/2006
55 Fairmount Avenue, Unit 106	40225974	10/29/2006
55 Fairmount Avenue, Unit 105	40189244	07/12/2006
55 Fairmount Avenue, Unit 211	40186845	07/12/2006
55 Fairmount Avenue, Unit 101	40153756	03/30/2006
55 Fairmount Avenue, Unit 305	40137978	01/26/2006
55 Fairmount Avenue, Unit 402	40134923	01/12/2006
55 Fairmount Avenue, Unit 306	40106914	09/02/2005
55 Fairmount Avenue, Unit 216		07/13/2005
55 Fairmount Avenue, Unit 210
55 Fairmount Avenue, Unit 1
55 Fairmount Avenue, Unit 204
55 Fairmount Avenue, Unit 308
55 Fairmount Avenue, Unit 114
55 Fairmount Avenue, Unit 202
55 Fairmount Avenue, Unit 303
55 Fairmount Avenue, Unit 112
55 Fairmount Avenue, Unit 111
55 Fairmount Avenue, Unit 314
55 Fairmount Avenue, Unit 214
55 Fairmount Avenue, Unit 113
55 Fairmount Avenue, Unit 203
55 Fairmount Avenue, Unit 312
55 Fairmount Avenue, Unit 402	41025529