Home Owners Association Funding and Unit Owner Dues
HOA dues are derived from a budget that includes general maintenance of the common areas, landscape services, snow removal, management company fees, master policy insurance coverage and reserve funding. The budget is established annually by the Board of Governors after a careful review of maintenance needs, contract costs and a calculation of future expenses for reserve items.
Long term reserve funds are held in a separate account and are released only when a project qualifies. That would not be special improvements, contract costs or routine maintenance and repairs. Reserve items can include major items such as the septic system, roofing, front and rear decks, roadways and sidewalks.
Mortgage lenders now require Condo Associations to fund reserves with at least 15% of the HOA budget. Ellsworth Village has a history of exceeding that level. This has provided the resources needed when large unexpected expenses have been incurred.
Based on new budget requirements, HOA dues were set at $651 per month ($257 for the 40B affordable units) – effective January 1, 2026.
Effective July 1, 2026 Castle Property Management has assumed responsibility for Ellsworth Village. Visit the website to establish your method of payment beginning with the July dues.
P.O. Box 376
N. Billerica, Ma 01862
Direct: 978-625-2266
Office: 978-362-1461
- Community Manager: Dan Vieira
- Assistant Manager / Administrative Support: Christina Bullard
- Buildings & Grounds Manager: Ted Shepard
- After-Hours/Emergency Contact: 978-625-2266
Ellsworth Village Condominium Guide 