NOT LISTED FOR SALE

University Towers 1121 University Blvd W Unit 807 Silver Spring, MD 20902

Estimated Value: $171,000 - $222,000

1 Bed
1 Bath
772 Sq Ft
$565/mo HOA Fee

Last Sold July 31, 2023

Last sale price $201,000 $260 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,679/month

3 Days on Market

Highlights

  • 24-Hour Security
  • Intercom
  • Multiple cooling system units
  • Community Pool
  • Level Entry For Accessibility
  • Forced Air Heating System

About This Home

As of July 2023

Experience the tranquility of this spacious 1 BR / 1 BA condo at University Towers! This unit offers an open floor plan, fresh neutral paint, hardwood floors, and new stainless steel appliances. Enjoy the peaceful, panoramic views through brand new windows. The hvac and electrical have also been updated. Monthly condo fee of $565 includes: utilities, parking, concierge, pool, and tennis courts. Convenient to parks, trails, shopping, schools, places of worship, and a variety of transportation. FHA APPROVED. RENTALS PERMITTED. Welcome home!

Last Agent to Sell the Property

Shereen Malek

(424) 271-2517 missmalek@gmail.com Fairfax Realty Premier License #619027 Listed on: 06/29/2023

Fairfax Realty Premier

Last Buyer's Agent

Leyla Hoji

(202) 384-9338 leyla.hoji@compass.com Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1967

Lot Details

  • 784

HOA Fees

  • $565 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 8th floor
  • Brick Exterior Construction

Interior Spaces

  • 772 Sq Ft Home
  • Property has 1 Level
  • Laundry in Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

  • Intercom
  • Surveillance System

Accessible Home Design

  • Accessible Elevator Installed
  • Level Entry For Accessibility

Utilities

  • Multiple cooling system units
  • Convector
  • Forced Air Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161302250661

Community Details

Overview

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

Amenities

  • Laundry Facilities
  • Community Storage Space

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,331

Year Built

Built in 1967

Lot Details

0

HOA Fees

$565 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Level Entry - Main, Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-06-29
  • 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

  • Entry Floor: 8
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Basement, Shared
  • Total Sq Ft: 772
  • Living Area Sq Ft: 772
  • Price Per Sq Ft: 252.59
  • Above Grade Finished Sq Ft: 772
  • Above Grade Finished Area Units: Square Feet

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, Below Grade
  • Construction Materials: Brick
  • Exterior Features: Tennis Court(s)
  • 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: No
  • Cooling Fuel: Electric
  • Cooling Type: Convector, Multi Units
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, 24 Hour Security, Intercom, Main Entrance Lock, Resident Manager, Surveillance Sys
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 565.49
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Extra Storage, Pool - Outdoor, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Ext Bldg Maint, Gas, Heat, Management, Insurance, Pool(s), Reserve Funds, Road Maintenance, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: RH
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 1331.00
  • Assessor Parcel Number: 161302250661
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 27, 2023
Sold by
Hill Wendy M
Bought by
Moldauer Alexander Robert and Qiu Hongmei
Seller's Agent
Shereen Malek
Fairfax Realty Premier
Buyer's Agent
Leyla Hoji
Compass
List Price
$195,000
Sold Price
$201,000
Premium/Discount to List
$6,000
3.08%
Views
62
Current Estimated Value
$188,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,851
Avg. Annual Appreciation
-2.89%
Original Mortgage
$160,800
Outstanding Balance
$157,039
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$31,110

Purchase Details

Closed on
May 30, 2019
Sold by
Robinson Wanda B
Bought by
Hill Wendy M

Purchase Details

Closed on
Jun 28, 2001
Sold by
Black Adrian B
Bought by
Robinson Wanda B

Purchase Details

Closed on
Oct 29, 1998
Sold by
Adrian B Black
Bought by
Black Adrian B

Purchase Details

Closed on
Sep 9, 1996
Sold by
Teitel Larry
Bought by
Adrian B Black
Source: Public Records

Range of Values:

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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
Moldauer Alexander Robert $201,000 Allied Title
Moldauer Alexander Robert $201,000 Allied Title
Hill Wendy M $100,500 Paragon Title & Escrow Co
Robinson Wanda B $66,000 --
Black Adrian B $28,667 --
Adrian B Black $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moldauer Alexander Robert $160,800
Closed Moldauer Alexander Robert $160,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2023 07/31/23 Sold $201,000 +3.1% $260 / Sq Ft
06/29/2023 06/29/23 For Sale $195,000 -- $253 / 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
2025 $1,544 $140,000 -- --
2024 $1,544 $130,000 $39,000 $91,000
2023 $387 $123,333 $0 $0
2022 $639 $116,667 $0 $0
2021 $1,101 $110,000 $33,000 $77,000
2020 $634 $100,000 $0 $0
2019 $634 $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

  • Shereen Malek

    Seller's Agent in 2023

    Shereen Malek

    Fairfax Realty Premier

    (424) 271-2517

    4 in this area

    13 Total Sales

    Shereen Malek
    Section Image
  • Leyla Hoji

    Buyer's Agent in 2023

    Leyla Hoji

    Compass

    (202) 384-9338

    1 in this area

    12 Total Sales

    Leyla Hoji
    Section Image
See All Agents

About University Towers

Map

Source: Bright MLS

MLS Number: MDMC2096966

Bright MLS

APN: 13-02250661

Maryland Montgomery County Silver Spring 20902

1121 University Blvd W Unit 807, Silver Spring, MD

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