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HOA Score

®

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

HOA SCORE

®

4.27

/10

Average

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

Learn More >

Villa Las Palmas

Villa Las Palmas Owners Association

UNITS

16

MANAGED BY

BUILT

1973

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

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

4.27

OUT OF 10.00

Last Update

HOA SCORE

Jan 15, 2024

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2023

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

47.65

CURRENT INCREASE (%)

3.23

LAST YEAR INCREASE (%)

3.23

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
321 North Nicholson Avenue, Unit L	AR23059347	04/13/2023
321 North Nicholson Avenue, Unit K	AR22019227	01/31/2022
319 North Nicholson Avenue, Unit R	12142421IT	10/29/2010
317 North Nicholson Avenue, Unit H	A319591	09/24/2003

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