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HOA Score

®

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

HOA SCORE

®

6.03

/10

Good

Monthly Dues may increase slightly and risk of Special Assessment is low.

Learn More >

483 Forest Avenue

483 Forest Avenue Condominium Association

UNITS

6

MANAGED BY

BUILT

1981

HOA FINANCES

Good

Monthly Dues may increase slightly and risk of Special Assessment is low.

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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6.03

OUT OF 10.00

Last Update

HOA SCORE

Feb 14, 2024

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2015

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

0.98

CURRENT INCREASE (%)

3.26

LAST YEAR INCREASE (%)

3.26

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
483 Forest Avenue, Unit A	ML81449403	02/04/2015
483 Forest Avenue, Unit E	ML81039963	08/11/2010
483 Forest Avenue, Unit D	ML80510363	03/04/2005
483 Forest Avenue, Unit C	120-16-078
483 Forest Avenue, Unit B	120-16-077
483 Forest Avenue, Unit F	120-16-081

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