NOT LISTED FOR SALE

1111 University Blvd W Unit 1307 Silver Spring, MD 20902

Estimated Value: $167,000 - $183,000

1 Bed
1 Bath
765 Sq Ft
$565/mo HOA Fee

Last Sold October 31, 2023

Last sale price $168,000 $220 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,597/month

3 Days on Market

Highlights

  • 24-Hour Security
  • Sauna
  • Tennis Courts
  • Open Floorplan
  • Community Pool
  • Party Room

About This Home

As of October 2023

Welcome to University Towers! This bright unit features treetop views of Sligo Creek Park and the buildings of downtown Silver Spring and Wheaton. This lovingly maintained one-bedroom home has been thoughtfully updated throughout the years: windows, carpet (wood tile floor underneath), kitchen cabinets/floor/lights, bathroom vanity/toilet/tub surround/grab bars. There is plenty of closet space throughout and great storage and workspace in the kitchen. This unit has been freshly painted, the carpet cleaned, and it's ready for you to move right in after settlement. University Towers isn't just about your individual unit; it's a vibrant community that offers a host of amenities and services. You'll love the clean and bright laundry facilities with adjacent library; tennis courts; pool; and party room. ALL utilities, security, front desk service, and professional management are included in the condo fee making it easy to budget! Beyond the building, you'll discover a wealth of recreational options just steps away. Enjoy brisk walks in Sligo Creek Park, or practice your swing at the nearby 9-hole golf course. Wheaton Regional Park offers even more outdoor adventures, including an ice rink and horse trails.
If you need to run errands or do some shopping, Kemp Mill Shopping Center and Four Corners are within easy reach. Plus, you'll find a variety of houses of worship, the Wheaton Library, and convenient access to Ride On and Metro bus services right at the corner. Speaking of transportation, the Metro and the Beltway are also nearby, making commuting a breeze. Don't miss out on this fantastic opportunity to own a piece of Silver Spring's vibrant and well-connected community. Schedule a viewing today, and start enjoying the University Towers lifestyle!

Last Agent to Sell the Property

Carmen Murphy

(301) 674-7404 carmenandmargaret@gmail.com Samson Properties License #524875 Listed on: 09/30/2023

Samson Properties

Last Buyer's Agent

Kerli Philippe

(301) 996-3523 Kerlip@comcast.net Bennett Realty Solutions License #SP200202796

Bennett Realty Solutions

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1967

Lot Details

  • West Facing Home
  • Property is in good condition

HOA Fees

  • $565 Monthly HOA Fees

Home Design

  • Entry on the 13th floor
  • Brick Exterior Construction

Interior Spaces

  • 765 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Living Room
  • Dining Room
  • Carpet
  • Laundry in Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Home Security

  • Exterior Cameras
  • Monitored

Parking

  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility
  • Ramp on the main level

Utilities

  • Central Air
  • Convector Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161302248521

Community Details

Overview

  • Association fees include air conditioning, a/c unit(s), electricity, exterior building maintenance, gas, heat, management, insurance, pool(s), reserve funds, sewer, snow removal, trash, water, common area maintenance
  • High-Rise Condominium
  • University Towers Condominium Condos
  • University Towers Codm Community
  • University Towers Codm Subdivision
  • Property Manager

Amenities

  • Sauna
  • Party Room
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,331

Year Built

Built in 1967

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Level Entry - Main, 32"+ Wide Doors, Elevator, Ramp - Main Level
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-09-30
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Oven/Range - Gas, Refrigerator
  • Entry Floor: 13
  • Interior Amenities: Dining Area, Kitchen - Table Space, Carpet, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Dining Room, Primary Bedroom
  • Basement: No
  • Laundry Type: Common, Basement, Shared
  • Total Sq Ft: 765
  • Living Area Sq Ft: 765
  • Price Per Sq Ft: 207.19
  • Above Grade Finished Sq Ft: 765
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, Parking Lot

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Type: Convector
  • Heating: Yes
  • Security: Desk In Lobby, Exterior Cameras, Main Entrance Lock, Monitored, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Internet Services: Broadband, Cable, Other

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 565.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: University Towers Condominium
  • HOA Condo Co-Op Amenities: Elevator, Party Room, Pool - Outdoor, Sauna, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, A/C Unit(s), Electricity, Ext Bldg Maint, Gas, Heat, Management, Insurance, Pool(s), Reserve Funds, Sewer, Snow Removal, Trash, Water, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Good
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 1331.00
  • Assessor Parcel Number: 161302248521
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Oct 31, 2023
Sold by
Lill John T
Bought by
Cornelio Nelson Mauricio and Cornelio Rizia Cristina
Seller's Agent
Carmen Murphy
Samson Properties
Buyer's Agent
Kerli Philippe
Bennett Realty Solutions
List Price
$158,500
Sold Price
$168,000
Premium/Discount to List
$9,500
5.99%
Views
69
Current Estimated Value
$172,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,580
Avg. Annual Appreciation
1.36%
Original Mortgage
$151,200
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 10, 1996
Sold by
J Robert A and J Ralph A
Bought by
Draggett Mark P
Source: Public Records

Range of Values:

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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
Cornelio Nelson Mauricio $168,000 Westcor Land Title
Cornelio Nelson Mauricio $168,000 Westcor Land Title
Draggett Mark P $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelio Nelson Mauricio $25,000
Closed Cornelio Nelson Mauricio $25,000
Previous Owner Cornelio Nelson Mauricio $151,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $168,000 +6.0% $220 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/30/2023 09/30/23 For Sale $158,500 -- $207 / 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 $601 $123,333 $0 $0
2022 $940 $116,667 $0 $0
2021 $895 $110,000 $33,000 $77,000
2020 $0 $100,000 $0 $0
2019 $339 $90,000 $0 $0
2018 $884 $80,000 $24,000 $56,000
2017 $102 $76,667 $0 $0
2016 -- $73,333 $0 $0
2015 $186 $70,000 $0 $0
2014 $186 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2108968

Bright MLS

APN: 13-02248521