NOT LISTED FOR SALE

University Towers 1121 University Blvd W Silver Spring, MD 20902

Estimated Value: $207,000 - $232,000

2 Beds
2 Baths
1,078 Sq Ft
$850/ mo HOA Fee

Last Sold January 27, 2022

Last sale price $180,000 $167 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,146/month

Highlights

  • Concierge
  • Community Pool
  • Balcony
  • Traditional Architecture
  • Party Room
  • 1 Car Direct Access Garage

About This Home

As of January 2022

Updated 2 bedroom, 2 bath condo with balcony adjacent to dining room, private garage spot in sought after University Towers. Primary bedroom features 2 closets - 1 is a walk-in. Lots of building amenities, including concierge. Sought after location: a few blocks from Kemp Mill Shopping Center and Kemp Mill Park; Sligo Creek, Brookside Gardens, CostcoPublic Transportation and Ride-On, Schools, Houses of Worship and Wheaton Library.

Last Agent to Sell the Property

Adam Bashein

(301) 921-4500 adambashein@mris.com RE/MAX Realty Group License #618209 Listed on: 01/23/2022

RE/MAX Realty Group

Last Buyer's Agent

Adam Bashein

(301) 921-4500 adambashein@mris.com RE/MAX Realty Group License #618209 Listed on: 01/23/2022

RE/MAX Realty Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1967

Lot Details

  • 1,133

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • Assigned Parking Garage Space
  • Garage Door Opener
  • Parking Lot

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,078 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Playground

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161302250810

Community Details

Overview

  • Association fees include air conditioning, electricity, gas, water, sewer, common area maintenance, recreation facility
  • High-Rise Condominium
  • University Towers Codm Community
  • University Towers Codm Subdivision

Amenities

  • Concierge
  • Common Area
  • Party Room
  • Laundry Facilities

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,530

Year Built

Built in 1967

Lot Details

1,133 Sq Ft Lot

HOA Fees

$850 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Traditional
  • Ownership: Condominium
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Oven - Wall
  • Entry Floor: 1
  • Levels Count: 1
  • Room List: Living Room, Dining Room
  • Basement: No
  • Total Sq Ft: 1078
  • Living Area Sq Ft: 1078
  • Price Per Sq Ft: 166.88
  • Above Grade Finished Sq Ft: 1078
  • Above Grade Finished Area Units: Square Feet

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, Masonry
  • Exterior Features: Tennis Court(s), Sidewalks, Play Area
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: No
  • Garage Features: Covered Parking, Inside Access, Garage Door Opener
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage, Parking Lot
  • Parking Garage Number Of Spaces: 1

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: 850.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Tennis Courts, Laundry Facilities, Party Room, Pool - Outdoor, Concierge, Common Grounds
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Electricity, Gas, Water, Sewer, Common Area Maintenance, Recreation Facility
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 94500.00
  • Land Assessed Value: 40500.00
  • Outdoor Living Structures: Balcony
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14057284
  • Tax Annual Amount: 1530.00
  • Assessor Parcel Number: 161302250810
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2022
Closed on
Jan 24, 2022
Sold by
Salguero German V
Bought by
Rider David and Rider Ruth
Seller's Agent
Adam Bashein
RE/MAX Realty Group
Buyer's Agent
Adam Bashein
RE/MAX Realty Group
List Price
$179,900
Sold Price
$180,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$217,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,284
Avg. Annual Appreciation
4.64%
Original Mortgage
$161,900
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2012
Closed on
Jul 18, 2012
Sold by
Sandler Dianne C and The Mary Anne Cohen Revocable
Bought by
Salguero German V and Salguero Maria A
Seller's Agent
Susan Luger
Weichert, REALTORS
Buyer's Agent
Elizabeth Vogt
Taylor Properties
List Price
$97,500
Sold Price
$88,000
Premium/Discount to List
-$9,500
-9.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Oct 25, 2004
Sold by
Cohen Alex and Cohen Er
Bought by
Cohen Mary Anne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rider David $180,000 Chicago Title
Salguero German V $88,000 Stewart Title Guaranty Co
Cohen Mary Anne -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rider David $161,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/27/2022 01/27/22 Sold $180,000 +0.1% $167 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $179,900 +104.4% $167 / Sq Ft
07/19/2012 07/19/12 Sold $88,000 -9.7% $82 / Sq Ft View Prior Sale
06/29/2012 06/29/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $97,500 -- $90 / Sq Ft
Source: Bright MLS

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 $1,832 $173,333 -- --
2024 $1,832 $155,000 $46,500 $108,500
2023 $1,062 $148,333 $0 $0
2022 $1,607 $141,667 $0 $0
2021 $1,677 $135,000 $40,500 $94,500
2020 $2,761 $128,333 $0 $0
2019 $2,761 $121,667 $0 $0
2018 $1,270 $115,000 $34,500 $80,500
2017 $514 $108,333 $0 $0
2016 -- $101,667 $0 $0
2015 $782 $95,000 $0 $0
2014 $782 $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Bashein

    Seller's Agent in 2022

    Adam Bashein

    Remax Realty Group

    (301) 943-4370

    16 in this area

    66 Total Sales

    Adam Bashein
    Section Image

  • S

    Seller's Agent in 2012

    Susan Luger

    Weichert Corporate

    (301) 674-7950

    Susan Luger
    Section Image
  • Marc Luger

    Seller Co-Listing Agent in 2012

    Marc Luger

    Keller Williams Capital Properties

    (240) 876-4446

    79 Total Sales

    Marc Luger
    Section Image
  • Elizabeth Vogt

    Buyer's Agent in 2012

    Elizabeth Vogt

    Taylor Properties

    (240) 731-5770

    2 Total Sales

    Elizabeth Vogt
    Section Image
See All Agents

About University Towers

Map

Source: Bright MLS

MLS Number: MDMC2024292

Bright MLS

APN: 13-02250810

Maryland Montgomery County Silver Spring 20902

1121 University Blvd W, Silver Spring, MD

Not Listed for Sale

Condos

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