NOT LISTED FOR SALE

University Towers 1121 University Blvd W Unit 1217B Silver Spring, MD 20902

Estimated Value: $208,000 - $230,000

2 Beds
2 Baths
1,020 Sq Ft
$750/ mo HOA Fee

Last Sold November 19, 2021

Last sale price $164,500 $161 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,039/month

2 Days on Market

Highlights

  • Concierge
  • Wood Flooring
  • Tennis Courts
  • Traditional Architecture
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of November 2021

Amazing view from 12th floor unit with balcony. This 2 bedrooms 2 bath apartment is bright, has wood floors and open kitchen to the family room. Almost new gas stove and granite countertops. This popular building is secure with a concierge, mail room with package pick up, tennis courts, laundry room, outdoor pool and ample parking. Fresh paint, new shades and lighting.
Shopping at Kemp Mill Shopping Center and Sligo Creek Park are nearby. Close to FDA, I495 and I200
Financial Info, Lender's pre-approval letter and GCAAR contract. Sold As Is.

Last Agent to Sell the Property

Alexandra Jadali

(301) 652-0400 remaxrealtyservicesmd@gmail.com RE/MAX Realty Services License #508592 Listed on: 10/28/2021

RE/MAX Realty Services

Last Buyer's Agent

Jacqueline Cadena

(301) 388-2600 jacqueline.cadena@longandfoster.com Long & Foster Real Estate, Inc. License #522220

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1967

Lot Details

  • 1,089

HOA Fees

  • $750 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 12th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,020 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 161302251528

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, lawn maintenance, management, parking fee, pool(s), reserve funds, snow removal, trash, water
  • High-Rise Condominium
  • University Towers Condo Assoc. Condos
  • University Tower Community
  • University Towers Codm Subdivision
  • Property Manager

Amenities

  • Concierge

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,530

Year Built

Built in 1967

Lot Details

1,089 Sq Ft Lot

HOA Fees

$750 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-10-29
  • Federal Flood Zone: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 12
  • Flooring Type: Wood
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1020
  • Living Area Sq Ft: 1020
  • Price Per Sq Ft: 161.27
  • Above Grade Finished Sq Ft: 1020
  • 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: 21.83
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • 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: 750.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: University Towers Condo Assoc.
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Lawn Maintenance, Management, Parking Fee, Pool(s), Reserve Funds, Snow Removal, Trash, Water
  • HOA Condo Co-Op Management Type: Professional - On-Site, Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 94500.00
  • Land Assessed Value: 40500.00
  • Property Condition: Excellent
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14057354
  • Tax Annual Amount: 1530.00
  • Assessor Parcel Number: 161302251528
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2021
Closed on
Nov 19, 2021
Sold by
Landi Thomas J
Bought by
Reyes Bayron N Bonilla and Bonilla Morales Dolores
Seller's Agent
Alexandra Jadali
RE/MAX Realty Services
Buyer's Agent
Jacqueline Cadena
Long & Foster Real Estate, Inc.
List Price
$164,500
Sold Price
$164,500
Current Estimated Value
$215,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,340
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Apr 15, 2011
Sold by
Smith Tara N
Bought by
Landi Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2011
Sold by
Smith Tara N
Bought by
Landi Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2006
Sold by
Schopf Michael
Bought by
Smith Tara N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reyes Bayron N Bonilla $164,500 First American Title Ins Co
Landi Thomas J $116,000 --
Landi Thomas J $116,000 --
Landi Thomas J $116,000 --
Landi Thomas J $116,000 --
Smith Tara N $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landi Thomas J $87,000
Previous Owner Landi Thomas J $87,000
Previous Owner Smith Tara N $206,000
Previous Owner Smith Tara N $38,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $164,500 0.0% $161 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $164,500 0.0% $161 / Sq Ft
10/14/2016 10/14/16 Rented $1,600 0.0% --
10/14/2016 10/14/16 Under Contract -- -- --
10/06/2016 10/06/16 For Rent $1,600 +3.2% --
10/11/2013 10/11/13 Rented $1,550 -6.1% --
10/08/2013 10/08/13 Under Contract -- -- --
07/27/2013 07/27/13 For Rent $1,650 -- --
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 $1,754 $148,333 $0 $0
2022 $1,607 $141,667 $0 $0
2021 $1,530 $135,000 $40,500 $94,500
2020 $1,380 $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 -- $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: MDMC2000017

Bright MLS

APN: 13-02251528

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