Merritt Royal

Merritt Royal Homeowners Association

UNITS

MANAGED BY

Silvercreek Association Management

49 BUILT

1971

HOA FINANCES

Good

Monthly Dues may increase slightly and risk of Special Assessment is low.

Learn More >

IMPACT ON OWNERS

High

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

6.43

OUT OF 10.00

Last Update

HOA SCORE

Mar 9, 2023

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

31.54 CURRENT INCREASE (%)

9.82 LAST YEAR INCREASE (%)

2.99 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	PARCEL ID	MLS	DATE
1830 Lakeshore Avenue, Unit 208	021-0225-029	41006104	08/21/2022
1830 Lakeshore Avenue, Unit 506	021-0225-061	422678225	07/13/2022
1830 Lakeshore Avenue, Unit 408	021-0225-053	40957208	07/03/2021
1830 Lakeshore Avenue, Unit 111	021-0225-020	40954374	06/15/2021
1830 Lakeshore Avenue, Unit 209	021-0225-030	40954003	06/11/2021
1830 Lakeshore Avenue, Unit 403	021-0225-048	40943043	03/29/2021
1830 Lakeshore Avenue, Unit A	021-0225-058	421519749	03/03/2021
1830 Lakeshore Avenue, Unit 304	021-0225-037	421521047	02/18/2021
1830 Lakeshore Avenue, Unit 406	021-0225-051	40915847	08/07/2020
1830 Lakeshore Avenue, Unit 407	021-0225-052	40911924	07/10/2020
1830 Lakeshore Avenue, Unit 411	021-0225-056	40860577	04/11/2019
1830 Lakeshore Avenue, Unit 202	021-0225-023	40852011	02/02/2019
1830 Lakeshore Avenue, Unit 505	021-0225-060	40850408	01/18/2019
1830 Lakeshore Avenue, Unit 302	021-0225-035	40849780	09/22/2018
1830 Lakeshore Avenue, Unit 103	021-0225-017	40820023	05/02/2018
1830 Lakeshore Avenue, Unit 210	021-0225-031	40710526	08/06/2015
1830 Lakeshore Avenue, Unit 409	021-0225-054	40649479	03/14/2014
1830 Lakeshore Avenue, Unit 405	021-0225-050	40563200	02/25/2012
1830 Lakeshore Avenue, Unit 104	021-0225-018	40556273	01/05/2012
1830 Lakeshore Avenue, Unit 504	021-0225-059	40533765	07/12/2011
1830 Lakeshore Avenue, Unit 310	021-0225-043	40531846	06/29/2011
1830 Lakeshore Avenue, Unit 204	021-0225-025	40458005	03/26/2010
1830 Lakeshore Avenue, Unit 404	021-0225-049	40399417	03/10/2009
1830 Lakeshore Avenue, Unit 102	021-0225-016	40363827	08/19/2008
1830 Lakeshore Avenue, Unit B	021-0225-059	40218994	10/20/2006
1830 Lakeshore Avenue, Unit 303	021-0225-036	40121486	09/27/2005
1830 Lakeshore Avenue, Unit 309	021-0225-042	40051103	11/12/2004
1830 Lakeshore Avenue, Unit 205	021-0225-026	40042503	09/25/2004
1830 Lakeshore Avenue, Unit 203	021-0225-024	40020989	06/11/2004
1830 Lakeshore Avenue, Unit 207	021-0225-028	29035216	10/13/1999
1830 Lakeshore Avenue, Unit 408	021-0225-053	29005280	03/12/1999
1830 Lakeshore Avenue, Unit 201	021-0225-022	28457661	04/02/1998
1830 Lakeshore Avenue, Unit 305	021-0225-038
1830 Lakeshore Avenue, Unit 311	021-0225-044
1830 Lakeshore Avenue, Unit 312	021-0225-045
1830 Lakeshore Avenue, Unit 306	021-0225-039
1830 Lakeshore Avenue, Unit 401	021-0225-046
1830 Lakeshore Avenue, Unit 402	021-0225-047
1830 Lakeshore Avenue, Unit 208	021-0225-029
1830 Lakeshore Avenue, Unit 206	021-0225-027
1830 Lakeshore Avenue, Unit 212	021-0225-033
1830 Lakeshore Avenue, Unit 101	021-0225-015
1830 Lakeshore Avenue, Unit 508	021-0225-063
1830 Lakeshore Avenue, Unit 507	021-0225-062
1830 Lakeshore Avenue, Unit 308	021-0225-041
1830 Lakeshore Avenue, Unit 301	021-0225-034
1830 Lakeshore Avenue, Unit 412	021-0225-057
1830 Lakeshore Avenue, Unit 110	021-0225-019
1830 Lakeshore Avenue, Unit 211	021-0225-032
1830 Lakeshore Avenue, Unit 410	021-0225-055
1830 Lakeshore Avenue, Unit 112	021-0225-021
1830 Lakeshore Avenue, Unit 307	021-0225-040
1830 Lakeshore Avenue, Unit 506	021-0225-061