NOT LISTED FOR SALE

1111 University Blvd W Unit 1403 Silver Spring, MD 20902

Estimated Value: $203,000 - $221,000

2 Beds
2 Baths
1,078 Sq Ft
$750/mo HOA Fee

Last Sold December 23, 2022

Last sale price $165,999 $154 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,033/month

26 Days on Market

Highlights

  • Concierge
  • Community Pool
  • Meeting Room
  • Colonial Architecture
  • Tennis Courts
  • Elevator

About This Home

As of December 2022

Excellent opportunity to own this great two bedroom, 2 bath condo in this great complex in this most convenient neighborhood. Close to grocery store, shopping, restaurants, public transportation, parks, playgrounds, Sligo Creem Trail. Amenities include outdoor pool, sundeck, concierge desk, tennis courts, free parking, sundeck, party rooms, all utilities included in the condo fee

Last Agent to Sell the Property

Larry Daniels

(202) 491-6866 ldaniels1@aol.com Daniels Realty, LLC License #589285 Listed on: 10/26/2022

Last Buyer's Agent

Emmanuel Woldu

(301) 793-1216 emman_wol@verizon.net Fairfax Realty Premier

Fairfax Realty Premier

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1967

Lot Details

  • Property is in average condition

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,078 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161302248678

Community Details

Overview

  • Association fees include common area maintenance, electricity, exterior building maintenance, gas, insurance, lawn maintenance, management, pool(s), reserve funds, snow removal, trash, water
  • University Towers Codm Community
  • University Towers Codm Subdivision

Amenities

  • Concierge
  • Meeting Room
  • Party Room
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,607

Year Built

Built in 1967

Lot Details

0

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Architectural Style: Colonial
  • 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

  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1078
  • Living Area Sq Ft: 1078
  • Price Per Sq Ft: 153.99
  • Above Grade Finished Sq Ft: 1078
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

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: Parking Lot

Utilities

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

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 750.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Laundry Facilities, Meeting Room, Party Room, Pool - Outdoor, Security, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Insurance, Lawn Maintenance, Management, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 108500.00
  • Land Assessed Value: 46500.00
  • Property Condition: Average
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14057080
  • Tax Annual Amount: 1607.00
  • Assessor Parcel Number: 161302248678
  • 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
Oct 26, 2022
Closed on
Dec 15, 2022
Sold by
Us Bank National Association
Bought by
Ferede Hirut
Seller's Agent
Larry Daniels
Daniels Realty, LLC
Buyer's Agent
Emmanuel Woldu
Fairfax Realty Premier
List Price
$165,999
Sold Price
$165,999
Views
25
Current Estimated Value
$215,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,756
Avg. Annual Appreciation
9.64%
Original Mortgage
$132,000
Outstanding Balance
$127,763
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$87,992

Purchase Details

Closed on
Sep 29, 2022
Sold by
Ryan Patricia D
Bought by
Mortgage Assets Management Llc

Purchase Details

Closed on
Jul 6, 2000
Sold by
Hersh Diane C
Bought by
Sword Helen S
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
Ferede Hirut $165,999 Crown Title
Us Bank National Association -- Crown Title
Ferede Hirut $165,999 Crown Title
Mortgage Assets Management Llc $250,418 Servicelink
Mortgage Assets Management Llc $250,418 Servicelink
Sword Helen S $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferede Hirut $132,000
Closed Ferede Hirut $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2022 12/23/22 Sold $165,999 0.0% $154 / Sq Ft
11/22/2022 11/22/22 For Sale $165,999 0.0% $154 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
11/17/2022 11/17/22 Off Market $165,999 -- --
10/26/2022 10/26/22 For Sale $165,999 -- $154 / 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 $1,832 $173,333 -- --
2024 $1,832 $155,000 $46,500 $108,500
2023 $2,446 $148,333 $0 $0
2022 $1,142 $141,667 $0 $0
2021 $419 $135,000 $40,500 $94,500
2020 $1,377 $128,333 $0 $0
2019 $688 $121,667 $0 $0
2018 $1,270 $115,000 $34,500 $80,500
2017 $1,279 $108,333 $0 $0
2016 -- $101,667 $0 $0
2015 -- $95,000 $0 $0
2014 -- $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Larry Daniels

    Seller's Agent in 2022

    Larry Daniels

    Daniels Realty, LLC

    (202) 491-6866

    1 in this area

    26 Total Sales

    Larry Daniels
    Section Image

  • E

    Buyer's Agent in 2022

    Emmanuel Woldu

    Fairfax Realty Premier

    (301) 793-1216

    2 in this area

    23 Total Sales

    Emmanuel Woldu
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2074082

Bright MLS

APN: 13-02248678

Maryland Montgomery County Silver Spring 20902

1111 University Blvd W Unit 1403, Silver Spring, MD

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