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705 University Boulevard West

705 University Boulevard West, Silver Spring, MD 20901
Property in Kemp Mill
Sold May 15, 2017
$370,000
$343,000 by Cardinal Financial Company
Mortgage Due May 01, 2052
Sold Jul 27, 2009
$391,000
705 University Boulevard West in Silver Spring, MD was first built in 1956 and is 68 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 705 University Boulevard West has 1,764 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 525 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 7,384 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. The property is connected to a sewer system. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Apr 20, 2017 for $370,000. That's $298.63 per sqft. Prior to that sales transaction, the property was also sold in Jul 1, 2009 for $391,000. 705 University Boulevard West was last assessed in 2023. The total value of the property was assessed at $378,333. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,370. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 525
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,384
  • Total Building Area: 1,239
  • Gross Building Area: 1,239
  • Building Area: 1,239
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,764
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FEGSVILLE ADD
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FEGSVILLE ADDITION NORTHWOOD VILLAGE

Ownership

  • Current Owner : RAMOS VIRGINIA
  • Previous Owner : VALDEZ SERGIO
  • Previous Owner 2: ABREU JANET LICELOT
  • Owner Before Previous Owner: CRISOSTOMO WELFREDO WESLEY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 703210

Zoning

  • Zoning: R60

Geography

  • Assessors Map Reference: JP43
  • Account Number: 01211265
  • District: 13
  • Parcel: 13-01211265
  • Block: 2
  • Lot: 3
  • Latitude: 39.0304
  • Longitude: -77.0212

    Address

  • Full Address: 705 University Blvd W
  • Address - House Number: 705
  • Street Segment Direction: W
  • Address - Street Name: University
  • Address - Suffix Type: Blvd
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C015
  • 4-Digit Zip Code: 1038
  • Zip Code: 20901

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,370

    Appraisal Valuation

  • Standard Deviation: 0.1562
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 535,685
  • High Value: 619,406
  • Low Value: 451,964

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $343,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY
  • First Open Lien Mortgage Recording Date: May 09, 2022
  • First Open Lien Mortgage Loan Amount: $343,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $409,600
  • Market Land Value: $214,900
  • Market Improvement Value: $194,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,333

    Sales

  • Current Sale Contract Date: Apr 20, 2017
  • Current Sale Recording Date: May 15, 2017
  • Current Sale Transaction ID: 1812385630
  • Current Sale Price: $370,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 27, 2009
  • Previous Sale Contract Date: Jul 01, 2009
  • Previous Sale Amount: $391,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: May 15, 2017
  • First Mortgage Loan Amount: $358,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2047

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jul 27, 2009
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Kemp Mill



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Frequently Asked Questions

What neighborhood is 705 University Boulevard West located in?
The 705 University Boulevard West is a located in the neighborhood of Kemp Mill in Kemp Mill, Silver Spring.
What is the average sales price for listings in 705 University Boulevard West?
The average sales price for units in 705 University Boulevard West is $0 currently.

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