NOT LISTED FOR SALE

University Towers 1121 University Blvd W Unit 1308 Silver Spring, MD 20902

Estimated Value: $187,000 - $200,000

2 Beds
1 Bath
911 Sq Ft
$636/mo HOA Fee

Last Sold April 24, 2017

Last sale price $125,000 $137 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,854/month

11 Days on Market

Highlights

  • Gourmet Kitchen
  • Colonial Architecture
  • Upgraded Countertops
  • Open Floorplan
  • Wood Flooring
  • Community Pool

About This Home

As of April 2017

Lovely updated condo in popular University Towers Condominiums. Open light filled floor plan. Gourmet kitchen-granite, back-splash, stainless steel appliances. 1 bedroom with den and luxury full-bath. Cozy living area with balcony. Freshly painted throughout. Condo fee includes all utilities. Great location and amenities! Must see!

Last Listed By

Deyi Awadallah

D.S.A. Properties & Investments LLC License #0225073879 Listed on: 02/24/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,034

Year Built

  • Built in 1982 | Remodeled in 2017

Lot Details

  • Property is in very good condition

HOA Fees

  • $636 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 911 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Dining Area
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161302251621

Community Details

Overview

  • Moving Fees Required
  • Association fees include electricity, exterior building maintenance, management, insurance, reserve funds, sewer, snow removal, trash, water, laundry, air conditioning, heat, lawn care front, lawn care rear, lawn maintenance, gas
  • High-Rise Condominium
  • University Tower Community
  • University Towers Codm Subdivision
  • The community has rules related to building or community restrictions, moving in times, parking rules

Amenities

  • Common Area
  • Community Center
  • Party Room
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,034

Year Built

Built in 1982 | Remodeled in 2017

Lot Details

0

HOA Fees

$636 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1982
  • Year Renovated: 2017
  • Remarks Public: Lovely updated condo in popular University Towers Condominiums. Open light filled floor plan. Gourmet kitchen-granite, back-splash, stainless steel appliances. 1 bedroom with den and luxury full-bath. Cozy living area with balcony. Freshly painted throughout. Condo fee includes all utilities. Great location and amenities! Must see!
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator
  • Interior Amenities: Dining Area, Kitchen - Gourmet, Upgraded Countertops, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 11-15
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common
  • Living Area Units: Square Feet
  • Total Sq Ft: 911
  • Living Area Sq Ft: 911
  • Price Per Sq Ft: 137.10
  • Above Grade Finished Sq Ft: 911
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1121

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 19.92
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • 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: 636.32
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Elevator, Laundry Facilities, Party Room, Pool - Outdoor, Swimming Pool, Tennis Courts, Community Center
  • HOA Condo Co-Op Fee Includes: Electricity, Ext Bldg Maint, Management, Insurance, Reserve Funds, Sewer, Snow Removal, Trash, Water, Laundry, Air Conditioning, Heat, Lawn Care Front, Lawn Care Rear, Lawn Maintenance, Gas
  • HOA Condo Co-Op Rules: Elevator Use, Moving Fees Required, Building Restrictions, Moving In Times, Parking, Restrictions
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 70000.00
  • Land Assessed Value: 30000.00
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Year Assessed: 2017
  • Zoning: RH

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14057363
  • Tax Annual Amount: 1033.60
  • Assessor Parcel Number: 161302251621
  • Tax Total Finished Sq Ft: 911
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 04/24/2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Apr 25, 2017
Sold by
Us Bank Na
Bought by
Boutiyeb Hamid and Himdi Fatima
Seller's Agent
Deyi Awadallah
D.S.A. Properties & Investments LLC
Buyer's Agent
Kendra Taft
Samson Properties
List Price
$124,900
Sold Price
$125,000
Premium/Discount to List
$100
0.08%
Total Days on Market
11
Current Estimated Value
$193,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,628
Avg. Annual Appreciation
5.68%
Original Mortgage
$112,500
Outstanding Balance
$95,200
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$100,289

Purchase Details

Closed on
Nov 18, 2016
Sold by
Farnsworth Edward E
Bought by
U S Bank National Association and Rmac Trust

Purchase Details

Closed on
Jan 7, 2004
Sold by
Vogelhut Lorraine R D
Bought by
Jeter Kelvin D

Range of Values:

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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
Boutiyeb Hamid $125,000 New World Title Co Llc
U S Bank National Association $113,149 None Available
Jeter Kelvin D $160,000 --
Jeter Kelvin D $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boutiyeb Hamid $112,500
Previous Owner Jeter Kelvin D $184,000
Previous Owner Jeter Kelvin D $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2017 04/24/17 Sold $125,000 +0.1% $137 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $124,900 -- $137 / 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 $1,602 $135,000 $40,500 $94,500
2023 $1,543 $130,000 $0 $0
2022 $1,423 $125,000 $0 $0
2021 $1,365 $120,000 $36,000 $84,000
2020 $1,456 $113,333 $0 $0
2019 $1,046 $106,667 $0 $0
2018 $451 $100,000 $30,000 $70,000
2017 $1,034 $93,333 $0 $0
2016 -- $86,667 $0 $0
2015 $675 $80,000 $0 $0
2014 $675 $80,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002489923

Bright MLS

APN: 13-02251621