NOT LISTED FOR SALE

University Towers 1111 University Blvd W Unit 708 Silver Spring, MD 20902

Estimated Value: $163,000 - $196,000

1 Bed
1 Bath
904 Sq Ft
$663/mo HOA Fee

Last Sold July 28, 2021

Last sale price $138,000 $153 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,739/month

6 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Den
  • Wood Flooring
  • Party Room
  • Stainless Steel Appliances

About This Home

As of July 2021

Sun-filled 1 bedroom PLUS den unit at University Towers in Silver Spring! Monthly condo dues include ALL utilities (heat, gas, electric and water). Gleaming wood parquet floors throughout. Generous open floor plan provides for space for both living and dining areas. Kitchen boasts all stainless steel appliances and white cabinets. Den features built-in shelving and offers versatility for another bedroom or office space. Spacious bedroom and full bath with tub shower. Fabulous community amenities included elevator, concierge, outdoor pool, tennis courts and off-street parking. Move-in ready unit is conveniently located to I-495, Wheaton Regional Park, Wheaton Metro station and quick drive to downtown Silver Spring for plentiful dining and shopping options!

Last Agent to Sell the Property

Samuel Pastore

(202) 441-9823 samuelpastore.realtor@gmail.com Coldwell Banker Realty - Washington Listed on: 06/17/2021

Coldwell Banker Realty - Washington

Last Buyer's Agent

Laura Pawlowski

(301) 455-4481 lauralpawlowski@gmail.com Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1967

Lot Details

  • 958

HOA Fees

  • $663 Monthly HOA Fees

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 904 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Dining and Living Room
  • Den
  • Wood Flooring

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Unassigned Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in good condition

Listing and Financial Details

  • Assessor Parcel Number 161302247390

Community Details

Overview

  • Association fees include electricity, heat, gas, sewer, water, common area maintenance, trash, snow removal, exterior building maintenance
  • High-Rise Condominium
  • University Towers Condominium Condos
  • University Tower Community
  • University Towers Codm Subdivision
  • Property Manager

Amenities

  • Party Room
  • Laundry Facilities

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,215

Year Built

Built in 1967

Lot Details

0

HOA Fees

$663 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 6/17/2021 12:00:00 AM
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stainless Steel Appliances, Dishwasher, Oven/Range - Gas, Refrigerator
  • Entry Floor: 7
  • Flooring Type: Wood
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Kitchen - Galley, Wood Floors, Walk-In Closet(s)
  • Fireplace: No
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Den, Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 904
  • Living Area Sq Ft: 904
  • Price Per Sq Ft: 147.12
  • Above Grade Finished Sq Ft: 904
  • 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: Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Off Street

Utilities

  • Refuse: 20.32
  • 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
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 662.86
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: University Towers Condominium
  • HOA Condo Co-Op Amenities: Elevator, Party Room, Laundry Facilities, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Electricity, Heat, Gas, Sewer, Water, Common Area Maintenance, Trash, Snow Removal, Ext Bldg Maint
  • 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: 1215.00
  • Assessor Parcel Number: 161302247390
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 5, 2021
Sold by
Child Stephanie A
Bought by
Zere Kebreab
Seller's Agent
Samuel Pastore
Coldwell Banker Realty - Washington
Buyer's Agent
Laura Pawlowski
Real Broker, LLC
List Price
$133,000
Sold Price
$138,000
Premium/Discount to List
$5,000
3.76%
Current Estimated Value
$180,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,161
Avg. Annual Appreciation
6.15%
Original Mortgage
$103,500
Outstanding Balance
$93,972
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$86,189

Purchase Details

Listed on
Jul 12, 2016
Closed on
Aug 29, 2016
Sold by
U S Bank Trust Na
Bought by
Child Stephanie A
Seller's Agent
Angie Hashempour
Hometime Realty, LLC
Buyer's Agent
Mark Riley
Realty 1, Inc.
List Price
$109,900
Sold Price
$105,000
Premium/Discount to List
-$4,900
-4.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$99,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2016
Sold by
Freedman Florence and Freedman Norman B
Bought by
U S Bank Trust Na and Lsf9 Master Participating Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,750
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zere Kebreab $138,000 Universal Title
Child Stephanie A $105,000 Gateway Title Inc
U S Bank Trust Na $70,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zere Kebreab $103,500
Previous Owner Child Stephanie A $99,750
Previous Owner U S Bank Trust Na $99,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2021 07/28/21 Sold $138,000 +3.8% $153 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $133,000 +26.7% $147 / Sq Ft
09/02/2016 09/02/16 Sold $105,000 -4.5% $116 / Sq Ft View Prior Sale
07/22/2016 07/22/16 Pending -- -- --
07/12/2016 07/12/16 For Sale $109,900 -- $122 / 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 $1,602 $148,333 -- --
2024 $1,602 $135,000 $40,500 $94,500
2023 $2,235 $130,000 $0 $0
2022 $731 $125,000 $0 $0
2021 $1,346 $120,000 $36,000 $84,000
2020 $1,046 $113,333 $0 $0
2019 $1,046 $106,667 $0 $0
2018 $1,105 $100,000 $30,000 $70,000
2017 $342 $93,333 $0 $0
2016 -- $86,667 $0 $0
2015 $622 $80,000 $0 $0
2014 $622 $80,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Samuel Pastore

    Seller's Agent in 2021

    Samuel Pastore

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 441-9823

    1 in this area

    52 Total Sales

    Samuel Pastore
    Section Image
  • Laura Pawlowski

    Buyer's Agent in 2021

    Laura Pawlowski

    Real Broker, LLC

    (301) 455-4481

    4 in this area

    11 Total Sales

    Laura Pawlowski
    Section Image
  • Angie Hashempour

    Seller's Agent in 2016

    Angie Hashempour

    Hometime Realty, LLC

    (301) 793-3614

    1 in this area

    182 Total Sales

    Angie Hashempour
    Section Image

  • M

    Buyer's Agent in 2016

    Mark Riley

    Realty 1, Inc.

    (301) 792-3638

    11 Total Sales

    Mark Riley
    Section Image
See All Agents

About University Towers

Map

Source: Bright MLS

MLS Number: MDMC763564

Bright MLS

APN: 13-02247390

Maryland Montgomery County Silver Spring 20902

1111 University Blvd W Unit 708, Silver Spring, MD

Not Listed for Sale

Condos

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