NOT LISTED FOR SALE

University Towers 1121 University Blvd W Unit 1010 Silver Spring, MD 20902

Estimated Value: $169,000 - $214,000

1 Bed
1 Bath
776 Sq Ft
$540/mo HOA Fee

Last Sold June 26, 2024

Last sale price $199,999 $258 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,744/month

11 Days on Market

Highlights

  • Concierge
  • Traditional Floor Plan
  • Community Pool
  • Gourmet Kitchen
  • Traditional Architecture
  • Tennis Courts

About This Home

As of June 2024

Don't miss the opportunity to own a stunning 1-bed, 1-bath condo on the 10th floor, offering serene views of Silver Spring! Step inside to discover beautiful laminate flooring and an abundance of natural light. Chef’s kitchen boasts ample cabinetry, tiled floors, stainless steel appliances, and a trendy tiled backsplash. The spacious dining area and living room provide an ideal space for entertaining or unwinding. A generously sized bedroom features ample closet space with new mirrored doors (2022) and an accent wall with custom trim. A full bathroom with a tub/shower combo is conveniently located across the hall. Additional storage is available in the basement upon request, and free parking is provided with a resident pass. Options to purchase or rent a garage parking spot is available and EV chargers are scheduled to be installed! The condo fee covers all utilities (except cable and internet) and includes access to amenities such as a pool, tennis court, clubhouse, community laundromat, and walking paths to Sligo Creek Trail, Botanical Gardens, and Wheaton Park. Ideally located near University Blvd, Georgia Ave and I-495 for an easy commute and just a short drive to Trader Joes, Target and all that Westfield Wheaton has to offer.

Last Agent to Sell the Property

Sheena Saydam

Keller Williams Capital Properties License #638126 Listed on: 05/16/2024

Keller Williams Capital Properties

Co-Listed By

Laurie Jackson

Keller Williams Capital Properties License #SP200203477

Last Buyer's Agent

Jose Salazar

Realty Concepts Group LLC License #0225206077

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,466

Year Built

  • Built in 1967

Lot Details

  • 784

HOA Fees

  • $540 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 776 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Window Treatments
  • Family Room Off Kitchen
  • Dining Area

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Gas Oven or Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161302251073

Community Details

Overview

  • Association fees include common area maintenance, laundry, management, pool(s), snow removal, trash, water, electricity, gas, air conditioning
  • High-Rise Condominium
  • University Towers Codm Community
  • University Towers Codm Subdivision

Amenities

  • Concierge
  • Common Area
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,466

Year Built

Built in 1967

Lot Details

0

HOA Fees

$540 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 5/16/2024 12:00:00 AM
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Remarks Public: Don't miss the opportunity to own a stunning 1-bed, 1-bath condo on the 10th floor, offering serene views of Silver Spring! Step inside to discover beautiful laminate flooring and an abundance of natural light. Chef’s kitchen boasts ample cabinetry, tiled floors, stainless steel appliances, and a trendy tiled backsplash. The spacious dining area and living room provide an ideal space for entertaining or unwinding. A generously sized bedroom features ample closet space with new mirrored doors (2022) and an accent wall with custom trim. A full bathroom with a tub/shower combo is conveniently located across the hall. Additional storage is available in the basement upon request, and free parking is provided with a resident pass. Options to purchase or rent a garage parking spot is available and EV chargers are scheduled to be installed! The condo fee covers all utilities (except cable and internet) and includes access to amenities such as a pool, tennis court, clubhouse, community laundromat, and walking paths to Sligo Creek Trail, Botanical Gardens, and Wheaton Park. Ideally located near University Blvd, Georgia Ave and I-495 for an easy commute and just a short drive to Trader Joes, Target and all that Westfield Wheaton has to offer.
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Range Hood, Refrigerator, Stainless Steel Appliances, Oven/Range - Gas
  • Entry Floor: 1
  • Flooring Type: Laminated, Ceramic Tile
  • Interior Amenities: Breakfast Area, Dining Area, Elevator, Family Room Off Kitchen, Floor Plan - Traditional, Kitchen - Gourmet, Window Treatments
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 776
  • Living Area Sq Ft: 776
  • Price Per Sq Ft: 257.73
  • Above Grade Finished Sq Ft: 776
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1121

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: Concrete
  • 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, Parking Lot

Utilities

  • Refuse: 21.83
  • 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: 540.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Extra Storage, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Laundry, Management, Pool(s), Snow Removal, Trash, Water, Electricity, Gas, Air Conditioning
  • 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
  • Year Assessed: 2023
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1466.00
  • Assessor Parcel Number: 161302251073
  • Tax Total Finished Sq Ft: 776
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 06/26/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 25, 2024
Sold by
Potter Shelley Leigh
Bought by
Lemus Andy Giovanni
Seller's Agent
Sheena Saydam
Keller Williams Capital Properties
Buyer's Agent
Jose Salazar
Realty Concepts Group LLC
List Price
$199,999
Sold Price
$199,999
Views
19
Current Estimated Value
$194,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,333
Avg. Annual Appreciation
-2.61%
Original Mortgage
$11,999
Outstanding Balance
$11,917
Interest Rate
6.87%
Estimated Equity
$182,749

Purchase Details

Closed on
Nov 15, 2011
Sold by
Beauchamp Arthur F and Taylor Brandes
Bought by
Potter Shelley Leigh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2005
Sold by
Ober Steven A
Bought by
Metro Investment Group Inc
Source: Public Records

Range of Values:

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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
Lemus Andy Giovanni $199,999 National Settlement Services
Potter Shelley Leigh $70,000 Chicago Title Ins
Metro Investment Group Inc $100,000 --
Beauchamp Arthur F $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lemus Andy Giovanni $11,999
Open Lemus Andy Giovanni $193,999
Previous Owner Potter Shelley Leigh $66,500
Previous Owner Boauchamp Arthur F $10,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $199,999 0.0% $258 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $199,999 -- $258 / 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 $1,331 $123,333 $0 $0
2022 $940 $116,667 $0 $0
2021 $1,255 $110,000 $33,000 $77,000
2020 $1,143 $100,000 $0 $0
2019 $1,031 $90,000 $0 $0
2018 $884 $80,000 $24,000 $56,000
2017 $880 $76,667 $0 $0
2016 $1,153 $73,333 $0 $0
2015 $1,153 $70,000 $0 $0
2014 $1,153 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2131366

Bright MLS

APN: 13-02251073