NOT LISTED FOR SALE

University Towers 1121 University Blvd W Silver Spring, MD 20902

Estimated Value: $212,822 - $232,000

2 Beds
2 Baths
1,020 Sq Ft
$753/mo HOA Fee

Last Sold February 27, 2023

Last sale price $202,500 $199 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,063/month

47 Days on Market

Highlights

  • Concierge
  • Tennis Courts
  • 1 Car Direct Access Garage
  • Community Pool
  • Elevator
  • Central Air

About This Home

As of February 2023

This 2 bedroom, 2 bath unit at University Towers is freshly painted and has a parking spot (GPU-42) in the garage, which is rarely available. New carpet in both bedrooms and hallway. All the appliances in the kitchen (including TWO refrigerators) are less than two years old. The hood and the light in the kitchen will be replaced before settlement. The condo fee includes all utilities except for cable and internet. The building is always secured and there is a staffed desk during the day and evening to help you. Plus - elevator, pool, and tennis courts. Quick access to Downtown Silver Spring, DC, Bethesda, and major commuter routes. 5 Year Warranty. Don't miss your chance to see this one!

Last Agent to Sell the Property

Delilah Dane

(301) 717-7755 delilah.dane@redfin.com Redfin Corp Listed on: 12/22/2022

Redfin Corp

Last Buyer's Agent

Tigist Akele

(240) 779-4323 tigirealtor@gmail.com Smart Realty, LLC License #668979

Smart Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1967

Lot Details

  • 1,089

HOA Fees

  • $753 Monthly HOA Fees

Parking

  • 1 Assigned Parking Garage Space
  • Assigned parking located at #GPU-42
  • Basement Garage
  • Garage Door Opener
  • Parking Space Conveys
  • Secure Parking

Home Design

  • Entry on the 4th floor
  • Brick Exterior Construction

Interior Spaces

  • 1,020 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Arcola Elementary School
  • Northwood High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 161302250001

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, heat, pool(s), sewer, trash, water
  • High-Rise Condominium
  • University Towers Codm Community
  • University Towers Codm Subdivision

Amenities

  • Concierge
  • Common Area
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,607

Year Built

Built in 1967

Lot Details

0

HOA Fees

$753 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-12-22
  • Year Built: 1967
  • Assigned Parking Space Numbers: GPU-42
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Common, Shared
  • Total Sq Ft: 1020
  • Living Area Sq Ft: 1020
  • Price Per Sq Ft: 198.53
  • Above Grade Finished Sq Ft: 1020
  • 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, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Assigned Spaces Count: 1
  • Garage: Yes
  • Parking Features: Assigned, Parking Space Conveys, Secure Parking
  • Garage Features: Basement Garage, Covered Parking, Garage Door Opener, Inside Access
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Parking Garage
  • Parking Garage Number Of Spaces: 1

Utilities

  • Refuse: 21.83
  • Central Air Conditioning: Yes
  • Cooling Type: Central A/C
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 752.74
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Concierge, Elevator, Laundry Facilities, Pool - Outdoor, Swimming Pool, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Pool(s), Sewer, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: ARCOLA
  • High School: NORTHWOOD

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 108500.00
  • Land Assessed Value: 46500.00
  • Zoning: RH
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14057208
  • Tax Annual Amount: 1607.00
  • Assessor Parcel Number: 161302250001
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2022
Closed on
Feb 27, 2023
Sold by
Ghosh Prasanta
Bought by
Tegene Selamawit
Seller's Agent
Delilah Dane
Redfin Corp
Buyer's Agent
Tigist Akele
Smart Realty, LLC
List Price
$202,500
Sold Price
$202,500
Views
254
Current Estimated Value
$221,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,706
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Aug 17, 2016
Sold by
Ghosh Shubha and Estate Of Pankaj K Ghosh
Bought by
Ghosh Prasanta

Purchase Details

Closed on
Oct 7, 2009
Sold by
Segal Marsha H
Bought by
Ghosh Pankaj Kumar
Source: Public Records

Range of Values:

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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
Tegene Selamawit $202,500 Kensington Realty Title
Tegene Selamawit $202,500 Kensington Realty Title
Ghosh Prasanta -- None Available
Ghosh Pankaj Kumar $145,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2023 02/27/23 Sold $202,500 0.0% $199 / Sq Ft
02/09/2023 02/09/23 For Sale $202,500 0.0% $199 / Sq Ft
02/08/2023 02/08/23 Pending -- -- --
02/02/2023 02/02/23 Off Market $202,500 -- --
12/22/2022 12/22/22 For Sale $202,500 0.0% $199 / Sq Ft
12/21/2022 12/21/22 Price Changed $202,500 -- $199 / 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 $1,832 $173,333 -- --
2024 $1,832 $155,000 $46,500 $108,500
2023 $2,446 $148,333 $0 $0
2022 $1,142 $141,667 $0 $0
2021 $1,677 $135,000 $40,500 $94,500
2020 $1,527 $128,333 $0 $0
2019 $1,377 $121,667 $0 $0
2018 $1,270 $115,000 $34,500 $80,500
2017 $1,206 $108,333 $0 $0
2016 $1,474 $101,667 $0 $0
2015 $1,474 $95,000 $0 $0
2014 $1,474 $95,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tigist Akele

    Buyer's Agent in 2023

    Tigist Akele

    Smart Realty, LLC

    (240) 779-4323

    1 in this area

    93 Total Sales

    Tigist Akele
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About University Towers

Map

Source: Bright MLS

MLS Number: MDMC2077860

Bright MLS

APN: 13-02250001

Maryland Montgomery County Silver Spring 20902

1121 University Blvd W, Silver Spring, MD

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