NOT LISTED FOR SALE

University Towers 1121 University Blvd W Silver Spring, MD 20902

Estimated Value: $180,667 - $211,000

1 Bed
1 Bath
772 Sq Ft
$550/mo HOA Fee

Last Sold July 24, 2023

Last sale price $190,000 $246 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,687/month

14 Days on Market

Highlights

  • Community Pool
  • Community Center
  • Forced Air Heating and Cooling System
  • Tennis Courts
  • Elevator
  • Laundry Facilities

About This Home

As of July 2023

EXCELLENT OPPORTUNITY- Beautiful one bedroom condo is waiting for its new owners. The unit is less than 1 mile away from rt 495, and 2 miles away from Langley Park, grocery stores, restaurants and Sligo Creek. The unit has been freshly painted and features one oversized bedroom and a renovated bathroom. In addition, the kitchen has been upgraded boasting granite counter tops and state of the art appliances. There is a large community pool and the lobby is secure with a front desk attendant. This is a Homepath property!

Last Agent to Sell the Property

Bob L

boblewis33@aol.com RE/MAX Excellence Realty Listed on: 05/25/2023

Last Buyer's Agent

Kevin Franklin

(323) 712-5980 kevin.franklin@penfedrealty.com EXP Realty, LLC License #5007070

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,331

Year Built

  • Built in 1967

Lot Details

  • Property is in excellent condition

HOA Fees

  • $550 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 772 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • Parking Lot
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 161302250546

Community Details

Overview

  • Association fees include air conditioning, common area maintenance, electricity, exterior building maintenance, gas, heat, laundry, lawn maintenance, pool(s), sewer, snow removal, water
  • University Towers Codm Community
  • University Towers Codm Subdivision

Amenities

  • Common Area
  • Community Center
  • Meeting Room
  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,331

Year Built

Built in 1967

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Property Type: Residential
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1967
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 772
  • Living Area Sq Ft: 772
  • Price Per Sq Ft: 239.64
  • 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
  • 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, Driveway

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
  • Utilities: Natural Gas Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 550.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Community Center, Elevator, Laundry Facilities, Meeting Room, Pool - Outdoor, Reserved/Assigned Parking, Tennis Courts
  • HOA Condo Co-Op Fee Includes: Air Conditioning, Common Area Maintenance, Electricity, Ext Bldg Maint, Gas, Heat, Laundry, Lawn Maintenance, Pool(s), Sewer, Snow Removal, Water
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Property Condition: Very Good, Excellent
  • Zoning: RH
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1331.00
  • Assessor Parcel Number: 161302250546
  • 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
May 25, 2023
Closed on
Aug 1, 2023
Sold by
Mae Fannie
Bought by
Smith Tamica and Smith Daeisha
Seller's Agent
Bob L
RE/MAX Excellence Realty
Buyer's Agent
Kevin Franklin
EXP Realty, LLC
List Price
$185,000
Sold Price
$190,000
Premium/Discount to List
$5,000
2.7%
Views
73
Current Estimated Value
$192,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,667
Avg. Annual Appreciation
0.62%
Original Mortgage
$171,000
Outstanding Balance
$167,211
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$25,456

Purchase Details

Closed on
Sep 8, 2022
Sold by
Drexel Christine M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 23, 2002
Sold by
Raych Rose T
Bought by
Watson Sandra
Source: Public Records

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
Smith Tamica $190,000 First American Title
Smith Tamica $190,000 First American Title
Federal National Mortgage Association $143,000 --
Watson Sandra $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Tamica $171,000
Closed Smith Tamica $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Sold $190,000 +2.7% $246 / Sq Ft
05/25/2023 05/25/23 For Sale $185,000 -- $240 / 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 $151,667 -- --
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

  • B

    Seller's Agent in 2023

    Bob L

    RE/MAX

    2 in this area

    22 Total Sales

    Bob L
    Section Image

  • K

    Buyer's Agent in 2023

    Kevin Franklin

    EXP Realty, LLC

    (323) 712-5980

    1 in this area

    33 Total Sales

    Kevin Franklin
    Section Image
See All Agents

About University Towers

Map

Source: Bright MLS

MLS Number: MDMC2094514

Bright MLS

APN: 13-02250546

Maryland Montgomery County Silver Spring 20902

1121 University Blvd W, Silver Spring, MD

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