Seller's Agent in 2023
Joanna Argenio
Long & Foster
(202) 258-2273
2 in this area
70 Total Sales
University Towers 1121 University Blvd W Unit 702 Silver Spring, MD 20902
Estimated Value: $153,000 - $175,000
1
Bed
1
Bath
828
Sq Ft
$532/mo
HOA Fee
Highlights
- View of Trees or Woods
- Tennis Courts
- Balcony
- Community Pool
- Elevator
- Eat-In Kitchen
About This Home
As of September 2023Space & Light abound in this large 1 BR / 1 BA with balcony and private storage at University Towers with tree-tops views. Sold in "AS IS" condition -unit 702-B has Balcony and has parquet wood floors thru-out! Please use the GCAAR contract and provide proof of funds for cash contracts and /or detailed lenders letter of approval from local lender. Bldg is FHA approved. University Towers Condos has two 15-story brick buildings, Bldg 1121 has 266 Units, abundant outdoor parking for residents and guests, outdoor pool, two tennis courts, card and party rooms, common laundry rooms and two onsite offices.
CONDO FEE INCLUDES: All Utilities and Amenities
Additional Storage Bin located in basement secure Storage Room
Amazing location, close to many amenities, public transportation, schools, places of worship, shopping and more. Fabulous Management!
Last Agent to Sell the Property
(202) 258-2273 joanna.argenio@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 08/31/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,331
Year Built
- Built in 1967
Lot Details
- 741
HOA Fees
- $532 Monthly HOA Fees
Home Design
- Entry on the 7th floor
- Brick Exterior Construction
Interior Spaces
- 828 Sq Ft Home
- Property has 1 Level
- Sliding Windows
- Sliding Doors
- Entrance Foyer
- Living Room
- Dining Room
- Views of Woods
- Eat-In Kitchen
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- Walk-In Closet
- 1 Full Bathroom
Home Security
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Handicap Parking
- Lighted Parking
- Parking Lot
Outdoor Features
- Outdoor Storage
Utilities
- Convector
- Cooling System Mounted In Outer Wall Opening
- Convector Heater
- Wall Furnace
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 161302250422
Community Details
Overview
- Association fees include electricity, gas, management, parking fee, recreation facility, reserve funds, sewer, snow removal, water
- High-Rise Condominium
- University Towers Codm Community
- University Towers Codm Subdivision
- Property Manager
Amenities
- Common Area
- Laundry Facilities
- Elevator
- Community Storage Space
Recreation
- Tennis Courts
- Community Playground
Pet Policy
- No Pets Allowed
Security
- Security Service
- Front Desk in Lobby
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2023
Closed on
Sep 21, 2023
Sold by
Kornspan Jeffrey Irwin
Bought by
Hok Scott Kevin
Seller's Agent
Joanna Argenio
Long & Foster Real Estate, Inc.
Buyer's Agent
Scott Hok
Taylor Properties
List Price
$135,000
Sold Price
$145,000
Premium/Discount to List
$10,000
7.41%
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,567
Avg. Annual Appreciation
6.31%
Original Mortgage
$130,500
Outstanding Balance
$127,844
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$36,723
Purchase Details
Closed on
Aug 7, 1986
Bought by
Kornspan Gloria B
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hok Scott Kevin | $145,000 | None Listed On Document | |
| Hok Scott Kevin | $145,000 | None Listed On Document | |
| Kornspan Gloria B | $63,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hok Scott Kevin | $130,500 | |
| Closed | Hok Scott Kevin | $130,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/21/2023 09/21/23 | Sold | $145,000 | +7.4% | $175 / Sq Ft |
| 09/02/2023 09/02/23 | Pending | -- | -- | -- |
| 08/31/2023 08/31/23 | For Sale | $135,000 | -- | $163 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $1,544 | $140,000 | -- | -- |
| 2024 | $1,544 | $130,000 | $39,000 | $91,000 |
| 2023 | $2,158 | $123,333 | $0 | $0 |
| 2022 | $940 | $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 | $188 | $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
-
Joanna Argenio
-
Scott Hok
Buyer's Agent in 2023
Scott Hok
Taylor Properties
(301) 526-4087
1 in this area
7 Total Sales
About University Towers
Map
Source: Bright MLS
MLS Number: MDMC2104806
APN: 13-02250422
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