NOT LISTED FOR SALE

1111 University Blvd W Unit 514 Silver Spring, MD 20902

Estimated Value: $149,000 - $165,809

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

Last Sold August 29, 2022

Last sale price $145,000 $190 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,579/month

40 Days on Market

About This Home

As of August 2022

Fabulous 1 BR unit in highly desirable University Towers. Spacious open floor plan features large living room, adjacent dining room, kitchen has ample cabinet and countertop space. Great flow and gets great light. Freshly painted, ready to move in Building has concierge, pool, tennis... Close to shopping, Wheaton Metro, Sligo Creek Park. Easy proximity to I-495 makes commuting to anywhere easy.

Last Agent to Sell the Property

Marc Hershkowitz

Perennial Real Estate License #0225220479 Listed on: 06/15/2022

Last Buyer's Agent

Cynthia Marshall-McFarland

Berkshire Hathaway HomeServices PenFed Realty License #662115

Berkshire Hathaway HomeServices PenFed Realty

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,544

Year Built

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
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-06-17
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Remarks Public: Fabulous 1 BR unit in highly desirable University Towers. Spacious open floor plan features large living room, adjacent dining room, kitchen has ample cabinet and countertop space. Great flow and gets great light. Freshly painted, ready to move in Building has concierge, pool, tennis... Close to shopping, Wheaton Metro, Sligo Creek Park. Easy proximity to I-495 makes commuting to anywhere easy.
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Refrigerator, Oven/Range - Gas
  • Entry Floor: 5
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 765
  • Living Area Sq Ft: 765
  • Price Per Sq Ft: 194.77
  • Above Grade Finished Sq Ft: 765
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1111

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: Parking Lot

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C, Convector
  • Heating Type: Convector, 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: 565.49
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: University Towers Condominium
  • Condo Co-Op Phone: 301-649-1100
  • HOA Condo Co-Op Amenities: Tennis Courts, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Heat, Gas, Pool(s), Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: ARCOLA
  • High School: NORTHWOOD
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • Elementary School: ARCOLA
  • High School: NORTHWOOD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 91000.00
  • Land Assessed Value: 39000.00
  • Land Use Code: U
  • Year Assessed: 2022
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14056926
  • Tax Annual Amount: 1255.00
  • Assessor Parcel Number: 161302247071
  • Tax Total Finished Sq Ft: 765
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 08/29/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Aug 29, 2022
Sold by
Candace Fitch
Bought by
Moss Bernadette L H
Seller's Agent
Marc Hershkowitz
Perennial Real Estate
Buyer's Agent
Cynthia Marshall-McFarland
Berkshire Hathaway HomeServices PenFed Realty
List Price
$149,000
Sold Price
$145,000
Premium/Discount to List
-$4,000
-2.68%
Views
4
Current Estimated Value
$160,202

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,202
Avg. Annual Appreciation
3.32%
Original Mortgage
$127,000
Outstanding Balance
$122,051
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$37,234

Purchase Details

Closed on
Apr 11, 2007
Sold by
Wong Joseph D
Bought by
Fitch Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2007
Sold by
Wong Joseph D
Bought by
Fitch Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2005
Sold by
Wong Joseph D and Wong Clare M
Bought by
Wong Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,564
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2005
Sold by
Wong Joseph D and Wong Clare M
Bought by
Wong Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,564
Interest Rate
5.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2002
Sold by
Jannuzzi Peter J and Jannuzzi A K
Bought by
Wong Joseph D and Wong Clare M
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
Moss Bernadette L H $145,000 --
Fitch Candace $180,000 --
Fitch Candace $180,000 --
Wong Joseph D -- --
Wong Joseph D -- --
Wong Joseph D $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moss Bernadette L H $127,000
Previous Owner Fitch Candace $180,600
Previous Owner Fitch Candace $180,000
Previous Owner Fitch Candace $180,000
Previous Owner Wong Joseph D $63,564
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $145,000 -2.7% $190 / Sq Ft
06/15/2022 06/15/22 For Sale $149,000 -- $195 / 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
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

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Map

Source: Bright MLS

MLS Number: MDMC2054402

Bright MLS

APN: 13-02247071