NOT LISTED FOR SALE

University Towers 1121 University Blvd W Unit 402B Silver Spring, MD 20902

Estimated Value: $148,000 - $190,000

1 Bed
1 Bath
828 Sq Ft
$513/mo HOA Fee

Last Sold July 22, 2022

Last sale price $145,000 $175 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,575/month

4 Days on Market

Highlights

  • 24-Hour Security
  • Community Pool
  • Balcony
  • Traditional Floor Plan
  • Tennis Courts
  • Eat-In Kitchen

About This Home

As of July 2022

Larger 1 bedroom/1 bath unit with 828 sq ft of living space. This bright and spacious condo has generous sized closets. Nice kitchen with table space and separate dining area plus open living room. You'll enjoy a beautiful view all year round from the east facing balcony. The unit also comes with additional secure storage in the basement. The location is outstanding with easy access to shopping, transportation and major roads. Condo fee covers all utilities and building amenities including outdoor pool and tennis courts.

Last Listed By

Carolyn Hurwitz

Compass License #SP98364060 Listed on: 06/29/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $880

Year Built

  • Built in 1982

Lot Details

  • 741

HOA Fees

  • $513 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 828 Sq Ft Home
  • Property has 1 Level
  • Traditional Floor Plan
  • Dining Area
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

Schools

  • Northwood High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161302249855

Community Details

Overview

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

Amenities

  • Community Library
  • Laundry Facilities

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$880

Year Built

Built in 1982

Lot Details

0

HOA Fees

$513 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Ownership: Condominium
  • Historic: No
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-06-30
  • Year Built: 1982
  • Automatically Close On Close Date: No
  • Remarks Public: Larger 1 bedroom/1 bath unit with 828 sq ft of living space. This bright and spacious condo has generous sized closets. Nice kitchen with table space and separate dining area plus open living room. You'll enjoy a beautiful view all year round from the east facing balcony. The unit also comes with additional secure storage in the basement. The location is outstanding with easy access to shopping, transportation and major roads. Condo fee covers all utilities and building amenities including outdoor pool and tennis courts.
  • Special Assessment Payment: Annually
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Interior Amenities: Kitchen - Table Space, Dining Area, Floor Plan - Traditional
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 828
  • Living Area Sq Ft: 828
  • Price Per Sq Ft: 181.16
  • Above Grade Finished Sq Ft: 828
  • 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
  • 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: Off Street

Utilities

  • Refuse: 19.92
  • 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
  • Security: 24 Hour Security, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 512.50
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Laundry Facilities, Library, Pool - Outdoor, Security, Tennis Courts, Swimming Pool
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Gas, Heat, Lawn Maintenance, Management, Reserve Funds, Road Maintenance, Snow Removal, Trash, Sewer
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • High School: NORTHWOOD
  • School District Key: 121138126809
  • School District Source: Listing Agent
  • High School: NORTHWOOD

Lot Info

  • Horses: No
  • Improvement Assessed Value: 56000.00
  • Land Assessed Value: 24000.00
  • Outdoor Living Structures: Balcony
  • Year Assessed: 2017
  • Zoning: RH
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14057193
  • Tax Annual Amount: 880.24
  • Assessor Parcel Number: 161302249855
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 07/22/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Jul 22, 2022
Sold by
Dallas Shakinah D
Bought by
Vasquez David Rolando Vail
Seller's Agent
Carolyn Hurwitz
Compass
Buyer's Agent
Edgar Reyes
Compass
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Total Days on Market
4
Current Estimated Value
$168,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,250
Avg. Annual Appreciation
5.80%
Original Mortgage
$60,000
Outstanding Balance
$41,038
Interest Rate
5.23%
Mortgage Type
Balloon
Estimated Equity
$128,682

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jul 14, 2017
Sold by
Chokechaitanasin Suwalak
Bought by
Davis Shakinah T
Seller's Agent
Barbara Ciment
Perennial Real Estate
Buyer's Agent
Lou Steadwell
Investors Management, Inc.
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$116,400
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2002
Sold by
Miller Fannie
Bought by
Chokechaitanasin Suwalak

Purchase Details

Closed on
Apr 19, 2002
Sold by
Miller Lawrence A
Bought by
Miller Fannie

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
Vasquez David Rolando Vail $145,000 Terrain Title
Davis Shakinah T $120,000 Paragon Title& Escrow Co
Chokechaitanasin Suwalak $80,000 --
Miller Fannie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasquez David Rolando Vail $60,000
Previous Owner Davis Shakinah T $116,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $145,000 -3.3% $175 / Sq Ft
07/03/2022 07/03/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $150,000 +25.0% $181 / Sq Ft
07/14/2017 07/14/17 Sold $120,000 0.0% $145 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
06/15/2017 06/15/17 Off Market $120,000 -- --
06/02/2017 06/02/17 For Sale $120,000 -- $145 / 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 $1,466 $123,333 $0 $0
2022 $1,331 $116,667 $0 $0
2021 $1,126 $110,000 $33,000 $77,000
2020 $678 $100,000 $0 $0
2019 $678 $90,000 $0 $0
2018 $884 $80,000 $24,000 $56,000
2017 $880 $76,667 $0 $0
2016 -- $73,333 $0 $0
2015 $461 $70,000 $0 $0
2014 $461 $70,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bright MLS

MLS Number: MDMC2056488

Bright MLS

APN: 13-02249855