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HOA Score

®

CURRENTLY TRACKING 28,596 HOAS COLLECTING $6,083,134,363 PER YEAR

HOA SCORE

®

5.39

/10

Average

Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.

Learn More >

Montecito House

Montecito House

UNITS

MANAGED BY

22

BUILT

1974

HOA FINANCES

Average

Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.

Learn More >

IMPACT ON OWNERS

Medium

The ratio of Monthly Dues to estimated Mortgage Payment is average. Any increase in Monthly Dues or Special Assessments should have moderate 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.

hoa-score-gauge-0.0.png

5.39

OUT OF 10.00

Last Update

HOA SCORE

Jun 17, 2023

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

0.2

CURRENT INCREASE (%)

0

LAST YEAR INCREASE (%)

0

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
245 Montecito Avenue, Unit 303	41009816	10/22/2022
245 Montecito Avenue, Unit 303	40991656	05/04/2022
245 Montecito Avenue, Unit 101	40923302	10/01/2020
245 Montecito Avenue, Unit 202	40911664	07/09/2020
245 Montecito Avenue, Unit 101	40826469	06/15/2018
245 Montecito Avenue, Unit 102	40807686	01/17/2018

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