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HOA Score

®

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

HOA SCORE

®

4.32

/10

Average

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

Learn More >

Gatehouse Condominiums

Gatehouse Condominium Homeowners Association

UNITS

111

MANAGED BY

BUILT

1970

HOA FINANCES

Average

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

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IMPACT ON OWNERS

High

The ratio of Monthly Dues to estimated Mortgage payment is high. Any increase in Monthly Dues or Special Assessments may have significant 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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4.32

OUT OF 10.00

Last Update

HOA SCORE

Mar 26, 2022

®

SCORE BREAKDOWN

FISCAL YEAR ENDING

2021

MONTHLY PAYMENT

VS. SIMILAR ASSOCIATIONS (%)

25.25

CURRENT INCREASE (%)

11.96

LAST YEAR INCREASE (%)

11.96

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
20720 4th Street, Unit 14	ML81872349	12/12/2021
20700 4th Street, Unit 4	ML81835876	03/25/2021
20700 4th Street, Unit 9	ML81830327	02/18/2021
20700 4th Street, Unit 10	ML81757269	06/19/2019
20700 4th Street, Unit 5	ML89949767	11/25/1999

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