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HOA Score

®

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

HOA SCORE

®

4.87

/10

Average

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

Learn More >

38 Lorton Avenue

Lorton Avenue Homeowners Association

UNITS

4

MANAGED BY

BUILT

1999

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.

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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4.87

OUT OF 10.00

Last Update

HOA SCORE

Mar 7, 2024

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

8.49

CURRENT INCREASE (%)

2.95

LAST YEAR INCREASE (%)

2.95

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
38 Lorton Avenue, Unit B	ML81866746	10/14/2021
38 Lorton Avenue, Unit D	ML80937582	08/05/2009
38 Lorton Avenue, Unit A	ML89852519	11/11/1998
38 Lorton Avenue, Unit C	ML89852542	11/11/1998
38 Lorton Avenue, Unit A	ML81891402

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