Assessments

Stone Ridge is a planned urban development (PUD) located in Loudoun County, Virginia. The Stone Ridge Community offers a mix of residential living options, planned amenities and planned commercial and retail selections. Stone Ridge is a Van Metre Planned Community and developed by Stone Ridge Community Development, LLC, a subsidiary of Van Metre Companies. Stone Ridge Community Development incorporated Stone Ridge Association, Inc. to serve as the Homeowners Association for the community.

Each property owner in the Stone Ridge Community is a member of the Stone Ridge Association and is required to pay membership dues to the organization. The current years HOA monthly assessment structure can be found below.

2019 Association Fee Structure

Home Style Monthly Assessment
Single Family $93.22
Savannah Collection
Single Family
$148.441
Cedarwood Single
Family Homes
$142.66 1
Townhouse $95.56 2
Condominiums $74.00 3

1 Savannah and Cedarwood Single Family homeowners pay a higher HOA fee because yard maintenance is included in their monthly dues.

2 Loudoun County considers streets in Townhouse residential areas to be private. Therefore, townhouse owners pay an increased fee to the HOA to cover the cost of goods and services not provided by the county (e.g., snow removal and other private street related services and maintenance). Townhome owners also pay into reserves, which ensures that future maintenance and repairs to the private streets will be done, thereby maintaining property values.

3 Condominium owners have access to all Stone Ridge Amenities. Condo owners only make one monthly assessment payment to their management company. Then the management company will pay $74.00 per unit per month to the Stone Ridge Association to cover use of amenities. Questions regarding the condominium assessment fee should be directed to them.

2019 Association Fee Structure

Home Style Monthly Assessment
Single Family $93.22
Savannah Collection Single Family $148.44 1
Cedarwood Single Family Homes $142.66 1
Townhouse $95.56 2
Condominiums $74.00 3

1 Savannah and Cedarwood Single Family homeowners pay a higher HOA fee because yard maintenance is included in their monthly dues.

2 Loudoun County considers streets in Townhouse residential areas to be private. Therefore, townhouse owners pay an increased fee to the HOA to cover the cost of goods and services not provided by the county (e.g., snow removal and other private street related services and maintenance). Townhome owners also pay into reserves, which ensures that future maintenance and repairs to the private streets will be done, thereby maintaining property values.

3 Condominium owners have access to all Stone Ridge Amenities. Condo owners only make one monthly assessment payment to their management company. Then the management company will pay $74.00 per unit per month to the Stone Ridge Association to cover use of amenities. Questions regarding the condominium assessment fee should be directed to them.

Financial Management

Home Style
Centre Park Condominiums
Single Family Homes
Stone Mill Corner Condominiums
Townhomes
Management Company
FirstService Residential
11351 Random Hills Road, Suite 500
Fairfax, VA 22030
Phone: (703) 385-1133
Fax: (703) 591-5785

Home Style
Amber Spring Condominiums
Mercer Park Condominiums
Stone Springs Condominiums
Summerwalk Condominiums
Management Company
SFMC, Inc
9464 Innovation Drive
Manassas, VA 20110
Phone: (703) 392-6006
Fax: (703) 392-5039

HOA assessments paid by homeowners create the Association budget which includes the following items:

  • Administrative expenses incurred by the Association
  • Community operating and maintenance expenses (landscaping, lighting, insurance, etc. of common and recreation areas)
  • Pool administration and community center operations and maintenance
  • Resident trash removal, recycling, and snow removal
  • Social events and special interest activities for the community
  • Website and Etched in Stone community newsletter

Financial Management

Home Style Management Company
Centre Park Condominiums
Single Family Homes
Stone Mill Corner Condominiums
Townhomes
SFMC, Inc
9464 Innovation Drive
Manassas, VA 20110
Phone: (703) 392-6006
Fax: (703) 392-5039
Amber Spring Condominiums
Mercer Park Condominiums
Stone Springs Condominiums
Summerwalk Condominiums
FirstService Residential
11351 Random Hills Road, Suite 500
Fairfax, VA 22030
Phone: (703) 385-1133
Fax: (703) 591-5785

HOA assessments paid by homeowners create the Association budget which includes the following items:

  • Administrative expenses incurred by the Association
  • Community operating and maintenance expenses (landscaping, lighting, insurance, etc. of common and recreation areas)
  • Pool administration and community center operations and maintenance
  • Resident trash removal, recycling, and snow removal
  • Social events and special interest activities for the community
  • Website and Etched in Stone community newsletter