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HOA Score

®

CURRENTLY TRACKING 28,952 HOAS COLLECTING $6,132,837,620 PER YEAR

HOA SCORE

®

4.09

/10

Average

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

Learn More >

Madrid

The Madrid Residents' Association, Inc.

UNITS

8

MANAGED BY

BUILT

1977

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

4.09

OUT OF 10.00

Last Update

HOA SCORE

Oct 31, 2023

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2021

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

137.25

CURRENT INCREASE (%)

5.83

LAST YEAR INCREASE (%)

5.83

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
1997 Ascot Drive, Unit G	40736544	04/14/2016
1997 Ascot Drive, Unit E	40056835	01/06/2005
1997 Ascot Drive, Unit B	11028932	09/01/1999
1997 Ascot Drive, Unit 1	40952316
1997 Ascot Drive, Unit C	40888927

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