NOT LISTED FOR SALE

1111 University Blvd W Unit 1010 Silver Spring, MD 20902

Estimated Value: $162,236 - $192,000

1 Bed
1 Bath
776 Sq Ft
$570/mo HOA Fee

Last Sold November 25, 2024

Last sale price $190,000 $245 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,639/month

42 Days on Market

Highlights

  • Fitness Center
  • Elevator
  • Property is in excellent condition
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of November 2024

Excellent Opportunity- Stylish renovated one bedroom/one bathroom condo unit is waiting for its new owner. The property is in move in condition. University Towers offers amazing amenities that include elevator, concierge, outdoor pool, tennis courts and off-street parking. All utilities are covered by monthly condo dues! Conveniently located to I-495, Wheaton Regional Park, Wheaton Metro station and quick drive to downtown Silver Spring.

Last Agent to Sell the Property

Bob L

boblewis33@aol.com RE/MAX Excellence Realty Listed on: 08/28/2024

Last Buyer's Agent

Summer Ambaye

(703) 217-1200 summerrealtors@gmail.com Summer Realtors Inc License #527588

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1967

Lot Details

  • Property is in excellent condition

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 776 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161302247982

Community Details

Overview

  • Association fees include air conditioning, electricity, exterior building maintenance, gas, health club, heat, laundry, pool(s), sewer, snow removal, trash, water
  • University Towers Codm Community
  • University Towers Codm Subdivision

Amenities

  • Common Area
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,158

Year Built

Built in 1967

Lot Details

0

HOA Fees

$570 per month

Listing Details

  • Property Type: Residential
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 776
  • Living Area Sq Ft: 776
  • Price Per Sq Ft: 231.83
  • Above Grade Finished Sq Ft: 776
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Tennis Court(s)
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Electric Available, Sewer Available, Other
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 570.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Exercise Room, Fitness Center, Pool - Outdoor
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Gas, Health Club, Heat, Laundry, Pool(s), Sewer, Snow Removal, Trash, Water
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Zoning: RH
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2158.00
  • Assessor Parcel Number: 161302247982
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2024
Closed on
Oct 22, 2024
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Belete Selam
Seller's Agent
Bob L
RE/MAX Excellence Realty
Buyer's Agent
Summer Ambaye
Summer Realtors Inc
List Price
$194,900
Sold Price
$190,000
Premium/Discount to List
-$4,900
-2.51%
Views
70
Current Estimated Value
$178,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,191
Avg. Annual Appreciation
-5.52%
Original Mortgage
$180,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2024
Sold by
Williamson David
Bought by
Federal National Mortgage Assn

Purchase Details

Closed on
Dec 7, 2000
Sold by
Dodd Donald P and Dodd H
Bought by
Reidy James P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Belete Selam $190,000 None Listed On Document
Belete Selam $190,000 None Listed On Document
Federal National Mortgage Assn $99,200 None Listed On Document
Federal National Mortgage Assn $99,200 None Listed On Document
Reidy James P $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Belete Selam $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2024 11/25/24 Sold $190,000 +5.6% $245 / Sq Ft
10/03/2024 10/03/24 Price Changed $179,900 -7.7% $232 / Sq Ft
08/28/2024 08/28/24 For Sale $194,900 -- $251 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,544 $140,000 -- --
2024 $1,544 $130,000 $39,000 $91,000
2023 $2,158 $123,333 $0 $0
2022 $940 $116,667 $0 $0
2021 $1,126 $110,000 $33,000 $77,000
2020 $678 $100,000 $0 $0
2019 $678 $90,000 $0 $0
2018 $884 $80,000 $24,000 $56,000
2017 $188 $76,667 $0 $0
2016 -- $73,333 $0 $0
2015 $461 $70,000 $0 $0
2014 $461 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bob L

    RE/MAX

    2 in this area

    19 Total Sales

    Bob L
    Section Image
  • Summer Ambaye

    Buyer's Agent in 2024

    Summer Ambaye

    Summer Realtors Inc

    (703) 217-1200

    1 in this area

    95 Total Sales

    Summer Ambaye
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2145838

Bright MLS

APN: 13-02247982

Maryland Montgomery County Silver Spring 20902

1111 University Blvd W Unit 1010, Silver Spring, MD

Not Listed for Sale

Condos

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