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HOA Score

®

CURRENTLY TRACKING 28,963 HOAS COLLECTING $6,138,614,984 PER YEAR

HOA SCORE

®

4.88

/10

Average

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

Learn More >

Salem West

Salem West Owner's Association, Inc.

UNITS

22

MANAGED BY

BUILT

1982

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.

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

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4.88

OUT OF 10.00

Last Update

HOA SCORE

Apr 17, 2023

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

'-5.74

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
460 Salem Street, Unit 17	320008194	10/27/2021
460 Salem Street, Unit 20	320002901
460 Salem Street, Unit 4	BB22056966
460 Salem Street, Unit 17	320008595

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