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HOA SCORE
®
4.86
/10
Average
Monthly Dues will likely increase moderately and risk of Special Assessment is low for the near future.

Morgan Spring

Morgan Spring Condominiums Homeowners Association, Inc.

HOA FINANCES

Average

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

IMPACT ON OWNERS

Very High

The ratio of Monthly Dues to estimated Mortgage payment is very high. Any increase in Monthly Dues or Special Assessments may have serious 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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OUT OF 10.00

Last Update

HOA SCORE

Oct 31, 2023

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2021

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

3.69

CURRENT INCREASE (%)

4.76

LAST YEAR INCREASE (%)

4.76

DATA SOURCES

ADDRESS
MLS
DATE
233 Spring Avenue
ML81852809
07/09/2021
229 Spring Avenue
ML81845689
05/25/2021
221 Spring Avenue
ML81812728
09/25/2020
215 Spring Avenue
ML81793220
05/20/2020
227 Spring Avenue
ML81750096
05/03/2019
225 Spring Avenue
ML81597314
07/28/2016
217 Spring Avenue
ML81593360
07/02/2016
223 Spring Avenue
ML81243854
12/30/2012
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