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HOA SCORE
®
5.09
/10
Average
Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.

Oak Terrace

Oak Terrace Owners Association
UNITS
MANAGED BY
28
BUILT
2018

HOA FINANCES

Average

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

IMPACT ON OWNERS

Low

The ratio of Monthly Dues to estimated Mortgage Payment is low. Any increase in Monthly Dues or Special Assessments should have low 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
OUT OF 10.00

Last Update

HOA SCORE

Aug 27, 2022

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

'-2.91

CURRENT INCREASE (%)

0

LAST YEAR INCREASE (%)

0

DATA SOURCES

ADDRESS
MLS
DATE
1258 Detroit Avenue, Unit 1
ML81902672
08/05/2022
1250 Detroit Avenue, Unit 2
40950094
05/14/2021
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