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HOA Score

®

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

HOA SCORE

®

4.29

/10

Average

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

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Northgate

Northgate Homeowners Association

UNITS

40

MANAGED BY

BUILT

1979

HOA FINANCES

Average

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

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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.

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.

what-is-hoa-score

hoa-score-gauge-0.0.png

4.29

OUT OF 10.00

Last Update

HOA SCORE

Jan 15, 2024

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

34.51

CURRENT INCREASE (%)

'-3.58

LAST YEAR INCREASE (%)

21

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
31 Sheffield Court	41003123	07/28/2022
38 Sheffield Court	40972016	10/21/2021
18 Sheffield Court	40929811	10/18/2020
2 Sheffield Court	40782069	05/17/2017
13 Sheffield Court	28249982	01/21/1998
40 Sheffield Court	21906043
4 Sheffield Court	40802237
12 Sheffield Court	40825527

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