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HOA SCORE
®
3.68
/10
Poor
Monthly Dues will likely increase a significant amount and risk of Special Assessment is high for the near future.

Cherryview Lane Townhomes

Cherryview Lane Townhomes Homeowners Association

HOA FINANCES

Poor

Monthly Dues will likely increase a significant amount and risk of Special Assessment is high 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.

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OUT OF 10.00

Last Update

HOA SCORE

May 12, 2024

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2022

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

44.09

CURRENT INCREASE (%)

2.82

LAST YEAR INCREASE (%)

2.82

DATA SOURCES

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