NOT LISTED FOR SALE

University Towers 1121 University Blvd W Unit 1306B Silver Spring, MD 20902

Estimated Value: $223,555 - $233,000

2 Beds
2 Baths
1,117 Sq Ft
$805/mo HOA Fee

Last Sold February 21, 2024

Last sale price $219,000 $196 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,214/month

33 Days on Market

Highlights

  • Concierge
  • Open Floorplan
  • Community Pool
  • Panoramic View
  • Contemporary Architecture
  • Tennis Courts

About This Home

As of February 2024

Stunning panoramic views await you at this gorgeous 13th-floor condo conveniently located in the highly coveted University Towers. This two-bedroom, two-bath stunner boasts gleaming hardwood floors throughout the spacious living and dining areas and both bedrooms. Upon entering, you're greeted by a foyer boasting a huge closet, providing ample storage space for your belongings. As you step further inside, the chicly updated kitchen catches your eye, featuring contemporary finishes, sleek countertops, and stainless steel appliances. The heart of this home is the sunny living room, filled with natural light streaming through large windows, creating a warm and inviting ambiance. Sliding glass doors lead you to a charming balcony, offering a serene spot to relax and enjoy the fresh air. Adjacent to the living room, a designated dining area awaits, perfect for hosting intimate gatherings or enjoying daily meals with family and friends. The condo boasts two good-sized bedrooms, each providing comfortable retreats. The hall bathroom, complete with modern fixtures, serves the secondary bedroom and guests alike. The primary suite is a sanctuary of its own, featuring a private bathroom for added convenience and a walk-in closet providing ample storage for your wardrobe and essentials. This space offers a perfect blend of relaxation and functionality. This sun-drenched home is 100% ready for you to move right in! New windows too! Plenty of space to work from home, entertain, relax and enjoy peaceful living in a convenient location. You'll be pleased with the attractive lobby and seven days a week concierge. The community also features a huge laundry center with a library area, an outdoor pool, two tennis courts, and two party rooms. Condo fee includes all utilities! Walking distance to Kemp Mill Shopping Center. Ride-on bus to Wheaton Metro (Red Line) or easily hop on I 495. Minutes to downtown Wheaton, brimming with shopping, dining, and entertainment opportunities for all. Close to the Wheaton Library and Recreation Center where you can delight in cultural programs, sports activities, and more. Don't miss the outdoor play area with playgrounds for all ages. Such a perfect spot to call home!

Last Agent to Sell the Property

Emily Cottone

Redfin Corp License #665441 Listed on: 12/14/2023

Redfin Corp

Last Buyer's Agent

Jim Reid

Long & Foster Real Estate, Inc. License #640881

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,754

Year Built

  • Built in 1967

Lot Details

  • 1,133

HOA Fees

  • $805 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,117 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area
  • Panoramic Views

Kitchen

  • Breakfast Area or Nook
  • Gas Oven or Range
  • <<builtInMicrowave>>
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161302251608

Community Details

Overview

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

Amenities

  • Concierge
  • Common Area
  • Party Room
  • Laundry Facilities

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,754

Year Built

Built in 1967

Lot Details

0

HOA Fees

$805 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Expected On Market: 2023-12-14
  • 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

  • Appliances: Built-In Microwave, Dishwasher, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances
  • Entry Floor: 13
  • Interior Amenities: Breakfast Area, Dining Area, Floor Plan - Open
  • Fireplace: No
  • Levels Count: 1
  • Room List: Primary Bedroom, Bedroom 2
  • Basement: No
  • Laundry Type: Common
  • Total Sq Ft: 1117
  • Living Area Sq Ft: 1117
  • Price Per Sq Ft: 196.06
  • Above Grade Finished Sq Ft: 1117
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1121

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
  • View: Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: 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: 805.17
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Party Room, Pool - Outdoor, Security, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Gas, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

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

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

Tax Info

  • Tax Annual Amount: 1754.00
  • Assessor Parcel Number: 161302251608
  • Tax Total Finished Sq Ft: 1117
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023
  • Close Date: 02/21/2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
Feb 21, 2024
Sold by
Trivedi Jahnavi
Bought by
Ramirez Jose K
Seller's Agent
Emily Cottone
Redfin Corp
Buyer's Agent
Jim Reid
Long & Foster Real Estate, Inc.
List Price
$219,000
Sold Price
$219,000
Views
180
Current Estimated Value
$227,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,389
Avg. Annual Appreciation
2.17%
Original Mortgage
$175,200
Outstanding Balance
$173,136
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$52,552

Purchase Details

Closed on
Dec 27, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tripathi Jahnavi

Purchase Details

Closed on
Nov 4, 2010
Sold by
Taracena Roxanne
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 1, 2006
Sold by
Hasan Syed Owais
Bought by
Taracena Roxanne and Delson Taracen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,960
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2006
Sold by
Hasan Syed Owais
Bought by
Taracena Roxanne and Delson Taracen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,960
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2002
Sold by
Secretary Of Housing
Bought by
Hasan Syed Owais

Purchase Details

Closed on
Jun 21, 2001
Sold by
Bridgeman Sharon L
Bought by
Secretary Of Housing & and Urban Development

Purchase Details

Closed on
Feb 15, 2000
Sold by
Rose Annette L Trustee
Bought by
Bridgeman Sharon L
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
Ramirez Jose K $219,000 Rgs Title
Tripathi Jahnavi $75,000 Streamline Title And Escrow
Federal Home Loan Mortgage Corporation $157,500 --
Taracena Roxanne $248,000 --
Taracena Roxanne $248,000 --
Hasan Syed Owais $87,500 --
Secretary Of Housing & $75,007 --
Bridgeman Sharon L $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Jose K $175,200
Previous Owner Taracena Roxanne $196,960
Previous Owner Taracena Roxanne $196,960
Previous Owner Taracena Roxanne $49,240
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2024 02/21/24 Sold $219,000 0.0% $196 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $219,000 -- $196 / 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 $1,677 $135,000 $40,500 $94,500
2020 $1,527 $128,333 $0 $0
2019 $1,377 $121,667 $0 $0
2018 $1,270 $115,000 $34,500 $80,500
2017 $552 $110,000 $0 $0
2016 $1,528 $105,000 $0 $0
2015 $1,528 $100,000 $0 $0
2014 $1,528 $100,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2114848

Bright MLS

APN: 13-02251608