NOT LISTED FOR SALE

1111 University Blvd W Unit 717 Silver Spring, MD 20902

Estimated Value: $211,000 - $235,000

2 Beds
2 Baths
1,026 Sq Ft
$754/mo HOA Fee

Last Sold December 30, 2022

Last sale price $168,780 $165 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,123/month

50 Days on Market

Highlights

  • Concierge
  • Tennis Courts
  • Security Service
  • Community Pool
  • Meeting Room
  • Central Air

About This Home

As of December 2022

Great two bedroom, two bathroom condo with real wood floors and stainless steel appliances! Large windows let in lots of natural light with beautiful views of trees and greenspace throughout the residential neighborhood. Walk to grocery store, shopping, restaurants, playgrounds etc, Ride-on and metro bus line at front of building and Sligo Creek Trail across the road. Amenities include spacious property with beautiful grounds, very nice outdoor swimming pool and sundeck, and concierge desk in the entrance lobby. Also two party rooms, tennis courts, and plenty of free parking for residents and guests. All utilities included in the condo fee. All HVAC air convectors recently updated and replaced. Convenient location and great value!

Last Agent to Sell the Property

Catherine Soffronoff

Samson Properties License #SP98374768 Listed on: 10/05/2022

Samson Properties

Last Buyer's Agent

Mekonnen Abebe

Samson Properties License #SP98364889

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1967

Lot Details

  • 1,089

HOA Fees

  • $754 Monthly HOA Fees

Parking

  • Parking Lot

Interior Spaces

  • 1,026 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161302247481

Community Details

Overview

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

Amenities

  • Concierge
  • Meeting Room
  • Party Room
  • Laundry Facilities

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

$754 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2022-10-05
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 7
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1026
  • Living Area Sq Ft: 1026
  • Price Per Sq Ft: 169.59
  • Above Grade Finished Sq Ft: 1026
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1111

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
  • 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: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 754.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Party Room, Pool - Outdoor, Tennis Courts, Security, Concierge, Laundry Facilities, Meeting Room, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Electricity, Ext Bldg Maint, Management, Insurance, Pool(s), Reserve Funds, Snow Removal, Trash, Gas, Sewer, Water, Lawn Maintenance, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: U
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1607.00
  • Assessor Parcel Number: 161302247481
  • Tax Total Finished Sq Ft: 1026
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 12/30/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Dec 30, 2022
Sold by
Csy Group Llc
Bought by
Ayele Melat and Alemu Tensay
Seller's Agent
Catherine Soffronoff
Samson Properties
Buyer's Agent
Mekonnen Abebe
Samson Properties
List Price
$174,000
Sold Price
$168,780
Premium/Discount to List
-$5,220
-3%
Views
28
Current Estimated Value
$220,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,417
Avg. Annual Appreciation
11.13%
Original Mortgage
$160,341
Outstanding Balance
$156,035
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$64,162

Purchase Details

Closed on
Jun 24, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Csy Group Llc

Purchase Details

Closed on
Apr 4, 2011
Sold by
Mejia Victor
Bought by
Deutsche Bank National Trust Compa

Purchase Details

Closed on
Sep 15, 2010
Sold by
Mejia Victor
Bought by
Deutsche Bank National Trust Compa

Purchase Details

Closed on
Aug 19, 2006
Sold by
Gorman Isaac J Et Al Tr
Bought by
Mejia Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage
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
Ayele Melat $168,780 Cardinal Title Group
Csy Group Llc $83,000 Fidelity Natl Title Ins Co
Deutsche Bank National Trust Compa $125,792 --
Deutsche Bank National Trust Compa $125,792 --
Mejia Victor $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayele Melat $160,341
Previous Owner Mejia Victor $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $168,780 -3.0% $165 / Sq Ft
11/17/2022 11/17/22 For Sale $174,000 +3.1% $170 / Sq Ft
11/14/2022 11/14/22 Off Market $168,780 -- --
10/05/2022 10/05/22 For Sale $174,000 0.0% $170 / Sq Ft
09/30/2022 09/30/22 Price Changed $174,000 +2.4% $170 / Sq Ft
09/29/2022 09/29/22 Price Changed $170,000 -- $166 / 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 $1,832 $155,000 $46,500 $108,500
2023 $1,754 $148,333 $0 $0
2022 $1,142 $141,667 $0 $0
2021 $1,530 $135,000 $40,500 $94,500
2020 $1,456 $128,333 $0 $0
2019 $1,380 $121,667 $0 $0
2018 $1,270 $115,000 $34,500 $80,500
2017 $1,206 $108,333 $0 $0
2016 $782 $101,667 $0 $0
2015 $782 $95,000 $0 $0
2014 $782 $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2070414

Bright MLS

APN: 13-02247481