NOT LISTED FOR SALE

1111 University Blvd W Silver Spring, MD 20902

Estimated Value: $166,000 - $176,000

1 Bed
1 Bath
776 Sq Ft
$558/mo HOA Fee

Last Sold March 27, 2024

Last sale price $160,000 $206 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,580/month

3 Days on Market

Highlights

  • Concierge
  • Scenic Views
  • Community Pool
  • 24-Hour Security
  • Sauna
  • Party Room

About This Home

As of March 2024

University Towers, a luxury high-rise condominium with close access to public buses and not far from Wheaton Metro Station. This nice sized 1BR/1FB condo features new paint, new carpet, and new LVP flooring in the kitchen. Enjoy high-rise living with secured entry, Main Lobby receptionist, and elevators to get you to your 11th floor unit. Unit features two entry doors, one into main living space and another into kitchen area. On-site there are two tennis courts, a community pool with spacious bath house and card & party rooms for residents and their guests to enjoy. Nearby to shopping centers, houses of worship, and several parks. Great location condo with plenty of parking and has one of the lower monthly condo fees which includes water, electric, HVAC, gas and access to pool/tennis courts! Hurry, this won't last long!!!

Last Agent to Sell the Property

Todd Werling

(410) 206-9141 todd@speichergroup.com Real Broker, LLC - Gaithersburg License #657920 Listed on: 02/29/2024

Real Broker, LLC - Gaithersburg

Last Buyer's Agent

Litsa Laddbush

(240) 372-3825 litsa.laddbush@redfin.com The Agency DC License #641836

The Agency DC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 1967

Lot Details

  • West Facing Home
  • Property is in good condition

HOA Fees

  • $558 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Scenic Vista
  • Woods

Home Design

  • Entry on the 11th floor
  • Brick Exterior Construction

Interior Spaces

  • 776 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Halls are 36 inches wide or more
  • Doors are 32 inches wide or more

Utilities

  • Central Air
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161302248177

Community Details

Overview

  • Association fees include air conditioning, a/c unit(s), electricity, exterior building maintenance, gas, heat, management, insurance, pool(s), reserve funds, road maintenance, sewer, snow removal, trash, water
  • High-Rise Condominium
  • University Towers Codm Subdivision, 1Br/1Ba Model D4 Floorplan
  • University Towers Codm Community

Amenities

  • Concierge
  • Answering Service
  • Common Area
  • Sauna
  • Party Room
  • Laundry Facilities
  • 3 Elevators

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,158

Year Built

Built in 1967

Lot Details

0

HOA Fees

$558 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls
  • Ownership: Condominium
  • Inclusions: Kitchen Table & Two Chairs
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-03-01
  • Federal Flood Zone: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Microwave, Oven/Range - Gas, Oven - Self Cleaning, Refrigerator
  • Entry Floor: 11
  • Flooring Type: Carpet, Laminate Plank, Ceramic Tile
  • Fireplace: No
  • Elevators Count: 3
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 776
  • Living Area Sq Ft: 776
  • Price Per Sq Ft: 206.19
  • Above Grade Finished Sq Ft: 776
  • 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
  • Exterior Features: Sidewalks, Tennis Court(s)
  • Spa: No
  • View: Scenic Vista, Trees/Woods
  • 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

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Resident Manager, 24 Hour Security
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 558.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Answering Service, Concierge, Elevator, Party Room, Pool - Outdoor, Sauna, Security, Tennis Courts, Common Grounds
  • HOA Condo Co-Op Fee Includes: Air Conditioning, A/C Unit(s), Electricity, Ext Bldg Maint, Gas, Heat, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Sewer, 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

Lot Info

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

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2158.00
  • Assessor Parcel Number: 161302248177
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 29, 2024
Closed on
Mar 27, 2024
Sold by
Costa Mary B and Costa Benjamin G
Bought by
Bayih Banteamlak
Seller's Agent
Todd Werling
Real Broker, LLC - Gaithersburg
Buyer's Agent
Litsa Laddbush
The Agency DC
List Price
$160,000
Sold Price
$160,000
Views
57
Current Estimated Value
$170,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,530
Avg. Annual Appreciation
4.09%
Original Mortgage
$12,500
Outstanding Balance
$12,320
Interest Rate
6.74%
Estimated Equity
$158,210

Purchase Details

Closed on
Jan 22, 2019
Sold by
Costa Mary B
Bought by
Costa Mary B and Costa Benjamin G

Purchase Details

Closed on
Mar 11, 2004
Sold by
Perez Berta
Bought by
Costa Mary B
Source: Public Records

Range of Values:

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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
Bayih Banteamlak $160,000 First American Title
Bayih Banteamlak $160,000 First American Title
Costa Mary B -- Kvs Title Llc
Costa Mary B $129,900 --
Costa Mary B $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayih Banteamlak $12,500
Closed Bayih Banteamlak $12,500
Open Bayih Banteamlak $152,000
Closed Bayih Banteamlak $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2024 03/27/24 Sold $160,000 0.0% $206 / Sq Ft
02/29/2024 02/29/24 For Sale $160,000 -- $206 / 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 $2,158 $123,333 $0 $0
2022 $940 $116,667 $0 $0
2021 $1,126 $110,000 $33,000 $77,000
2020 $902 $100,000 $0 $0
2019 $634 $90,000 $0 $0
2018 $884 $80,000 $24,000 $56,000
2017 $188 $76,667 $0 $0
2016 $461 $73,333 $0 $0
2015 $461 $70,000 $0 $0
2014 $461 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Todd Werling

    Seller's Agent in 2024

    Todd Werling

    Real Broker, LLC - Gaithersburg

    (410) 206-9141

    1 in this area

    40 Total Sales

    Todd Werling
    Section Image
  • Litsa Laddbush

    Buyer's Agent in 2024

    Litsa Laddbush

    The Agency DC

    (240) 372-3825

    3 in this area

    116 Total Sales

    Litsa Laddbush
    Section Image
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Map

Source: Bright MLS

MLS Number: MDMC2121824

Bright MLS

APN: 13-02248177

Maryland Montgomery County Silver Spring 20902

1111 University Blvd W, Silver Spring, MD

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