NOT LISTED FOR SALE

University Towers 1111 University Blvd W Silver Spring, MD 20902

Estimated Value: $202,758 - $237,000

2 Beds
2 Baths
1,078 Sq Ft
$794/mo HOA Fee

Last Sold February 22, 2021

Last sale price $175,000 $162 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,119/month

13 Days on Market

Highlights

  • Community Pool
  • Party Room
  • High-Rise Condominium
  • Tennis Courts
  • Forced Air Heating and Cooling System

About This Home

As of February 2021

Move-in ready 2 BR / 2BA plus balcony with breathtaking views at University Towers! This bright unit offers an open floor plan, fresh paint, beautiful parquet floors, new windows, and new heating/cooling units! Oversized master suite with renovated bathroom and walk in closet. Plenty of storage throughout. Full amenity building provides concierge, pool and tennis courts; Condo fee includes ALL utilities. Easy access to Sligo Creek Park, Kemp Mill Park, Public Transit, Shopping Center, Schools, Houses of Worship, and New Wheaton Library. FHA APPROVED. Welcome home!

Last Agent to Sell the Property

Shereen Malek

(301) 439-9500 metrocondoking@gmail.com Fairfax Realty Premier License #619027 Listed on: 01/08/2021

Fairfax Realty Premier

Last Buyer's Agent

Josue Pinto

(202) 552-5600 dhowell@mcenearney.com Corcoran McEnearney

Corcoran McEnearney

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,380

Year Built

  • Built in 1967

Lot Details

  • 1,133

HOA Fees

  • $794 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 13th floor
  • Brick Exterior Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Elevator Installed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161302248634

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, heat, lawn maintenance, management, reserve funds, road maintenance, sewer, snow removal, trash, water
  • High-Rise Condominium
  • University Tower Community
  • University Towers Codm Subdivision
  • Property Manager

Amenities

  • Party Room

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,380

Year Built

Built in 1967

Lot Details

0

HOA Fees

$794 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
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 13
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1078
  • Living Area Sq Ft: 1078
  • Price Per Sq Ft: 162.34
  • 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: 20.32
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • 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: 794.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tennis Courts, Pool - Outdoor, Party Room
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: 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: 80500.00
  • Land Assessed Value: 34500.00
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14057076
  • Tax Annual Amount: 1380.00
  • Assessor Parcel Number: 161302248634
  • 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
Jan 8, 2021
Closed on
Feb 19, 2021
Sold by
Kopp Stephen F
Bought by
Ayala Sandra
Seller's Agent
Shereen Malek
Fairfax Realty Premier
Buyer's Agent
Josue Pinto
Corcoran McEnearney
List Price
$175,000
Sold Price
$175,000
Current Estimated Value
$220,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,940
Avg. Annual Appreciation
4.85%
Original Mortgage
$140,175
Outstanding Balance
$125,371
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$95,569

Purchase Details

Closed on
Nov 12, 1999
Sold by
Haile Sahlu
Bought by
Kopp Stephen F
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
Ayala Sandra $175,000 Smart Settlements Llc
Kopp Stephen F $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ayala Sandra $140,175
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $175,000 0.0% $162 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $175,000 -- $162 / Sq Ft
Source: Bright MLS

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 $1,062 $148,333 $0 $0
2022 $915 $141,667 $0 $0
2021 $838 $135,000 $40,500 $94,500
2020 $0 $128,333 $0 $0
2019 $1,377 $121,667 $0 $0
2018 $1,270 $115,000 $34,500 $80,500
2017 $514 $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

  • Shereen Malek

    Seller's Agent in 2021

    Shereen Malek

    Fairfax Realty Premier

    (424) 271-2517

    4 in this area

    11 Total Sales

    Shereen Malek
    Section Image
  • Josue Pinto

    Buyer's Agent in 2021

    Josue Pinto

    Corcoran McEnearney

    (240) 888-4225

    1 in this area

    49 Total Sales

    Josue Pinto
    Section Image
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About University Towers

Map

Source: Bright MLS

MLS Number: MDMC740082

Bright MLS

APN: 13-02248634

Maryland Montgomery County Silver Spring 20902

1111 University Blvd W, Silver Spring, MD

Not Listed for Sale

Condos

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