Five-year reserve planning My HOA Budget

Washington, District of Columbia condo association

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Carolina On The Hill

Carolina On The Hill is a condo association in Washington, District of Columbia. This profile tracks monthly dues $425–$470/mo, 49 units, built in 1800, reserve study status not yet verified, along with amenities, res...

condo Public records Reserve health: No study on record Browse Washington communities District of Columbia reserve laws

Profile 44% complete — board members can fill in the rest

HOA dues, reserve study, and community facts

Units 49
Year built 1800
Monthly dues $425–$470/mo
Reserve health Check my risk
Active listings 1
Median sale price $299K

Amenities

No amenities listed yet.

Board member? Add amenities

Board and management

No board listed — who's managing your dues?

Board member? Claim this page

Reserve study and funding

Carolina On The Hill has no reserve study on record. Without one, there's no way to know if dues cover what's coming.

Check what's missing

5-year outlook

Will you get hit with a special assessment?

Special assessments can run into thousands per unit when major work outruns reserves. We model that risk for Carolina On The Hill based on reserve health, building age, and District of Columbia requirements — so you see it coming before the board votes.

Special assessment risk Planned dues increases Reserve shortfall forecast
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Values used: scaled defaults where community data is unknown — starting reserve (scaled from unit count at $15k/unit); annual opex (scaled from revenue at 84%).

Try it on a typical condo

A mid-size urban condo, five years out

Starting reserve $1.5M · $500K/yr dues revenue · $420K/yr operating expenses · $1.5M of reserve-study capital work over five years. Switch on the levers your board actually controls and watch where the reserve lands.

5-year ending reserve-$498KSpecial assessment required
$0HEALTHY TARGET · $1.0M202620272028202920302031-$498K
Annual dues increase+5% compounding · $250K/yr → $319K/yr by 2031
5%
Operating expense growth+4% YoY · insurance, vendors, utilities · $210K/yr → $255K/yr by 2031
4%
Board member next stepTurn this scenario into a board-ready next step.

Send the reserve-planning context and keep the follow-up focused on board decisions.

Plan our next five years

About Carolina On The Hill

Carolina On The Hill is a 49-unit condo community in Washington, DC. Located at 101 N Carolina Ave SE in the Capitol Hill neighborhood, the building dates to approximately 1800, making it one of the oldest residential buildings on the Hill. It offers a walkable location near Eastern Market and the Capitol.

What we know

  • Units: 49
  • Year built: ~1800
  • Monthly dues: $425–$470/mo
  • Active listings: 1 as of April 2026
  • Median sale price: $299K

Reserve health

Reserve health hasn’t been verified for Carolina On The Hill yet. Before you approve a budget, pay a special assessment, or close on a unit here, District of Columbia law defines exactly what reserve records a condo must keep and what owners can request — see District of Columbia condo reserve funding rules.

What’s still missing

  • Management company
  • Board roster
  • Reserve study details
  • Community photos
  • Amenity list

For board members

If you serve on this board, you can claim this page to add accurate reserve data, board roster, and community photos.

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District of Columbia laws that apply here

Condo reserve funding

District of Columbia condominium reserve funding rules, in plain language

How the D.C. Condominium Act actually handles reserves — through association budget and assessment authority plus a resale-disclosure requirement — and what it means that there is no statutory reserve-study cycle for a board, owner, or buyer.

D.C. Code § 42-1903.12 — D.C. Condominium Act, association powers and budgets (with resale disclosure at § 42-1904.11)

Is this your community?

Board members and property managers can claim this page to add photos, amenities, board roster, and reserve details. Make Carolina On The Hill look as good online as it does in person.

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Next step

Need documents from Carolina On The Hill?

We can help you request reserve studies, budgets, and meeting minutes. Pick the option that fits.

I own here — request documents I'm buying — request documents