NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 104 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $376,818 - $406,000

2 Beds
2 Baths
834 Sq Ft
$845/mo HOA Fee

Last Sold May 17, 2024

Last sale price $399,900 $479 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,297/month

11 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Woodlin Elementary School Rated A-
  • City View
  • 4-minute walk to Woodside Urban Park

About This Home

As of May 2024

Spring on this fabulous 2 bedroom, 2 full bath condo in downtown Silver Spring only steps to the Silver Spring Metro Station and upcoming Purple Line! As you walk into the light filled living space, you’ll love the 11 foot ceilings, floor-to-ceiling windows, and open floor plan. The unit features 3 very large walk-in closets, 2 private balconies, quartz countertops, wood floors, separate storage space, and full-size washer and dryer in unit. The many building amenities include a fitness room, roof terrace with tree top views to Downtown Bethesda and the Mormon Temple, secured bike storage room, sky lounge, concierge and spacious lobby with fireplace. Separate storage unit included and pet friendly! Enjoy Silver Spring’s breweries, farmer’s markets, music venues, shops, dining, and the newly built Montgomery County Aquatic Center all at your doorstep.

Last Agent to Sell the Property

Andrea Alderdice

(301) 466-5898 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 04/18/2024

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Juli Blanton

(410) 978-0639 juli@julijumps.com Keller Williams Flagship

Keller Williams Flagship

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,037

Year Built

  • Built in 2016

HOA Fees

  • $845 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction
  • Cool or White Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 834 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Exterior Cameras

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Off-Site Parking
  • Rented or Permit Required

Accessible Home Design

  • Accessible Elevator Installed
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Utilities

  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303772252
  • $125 Front Foot Fee per year

Community Details

Overview

  • Association fees include water, sewer, trash, snow removal, management, exterior building maintenance
  • 102 Units
  • Mid-Rise Condominium
  • The Octave Codm Community
  • Downtown Silver Spring Subdivision
  • Property Manager

Amenities

  • Concierge
  • Party Room

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,037

Year Built

Built in 2016

Lot Details

0

HOA Fees

$845 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Doors - Lever Handle(s), Level Entry - Main, 32"+ Wide Doors
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Storage Included In ListPrice, Storage Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-04-18
  • Federal Flood Zone: No
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading
  • Entry Floor: 1
  • Flooring Type: Wood
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Entry Level Bedroom, Wood Floors, Floor Plan - Open, Upgraded Countertops, Tub Shower, Stall Shower, Walk-In Closet(s)
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 834
  • Living Area Sq Ft: 834
  • Price Per Sq Ft: 479.50
  • Above Grade Finished Sq Ft: 834
  • 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, Aluminum Siding, Stone
  • Roof: Cool/White
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Fire Detection System, Main Entrance Lock, Sprinkler System - Indoor, Smoke Detector, Carbon Monoxide Detector(s), Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 844.70
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Extra Storage, Party Room
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash, Snow Removal, Management, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Hvac, Lighting, Appliances

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: CR-5.0 C-4.0 R-4.75 H-14
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Number Limit, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4037.00
  • Assessor Parcel Number: 161303772252
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

Multi Family

  • Front Foot Fee: 125.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
May 17, 2024
Sold by
Banh Phong
Bought by
Heales Megan Elizabeth and Feely Thomas George
Seller's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
Buyer's Agent
Juli Blanton
Keller Williams Flagship
List Price
$399,900
Sold Price
$399,900
Views
98
Current Estimated Value
$393,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,195
Avg. Annual Appreciation
-1.01%
Original Mortgage
$379,905
Outstanding Balance
$374,797
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$18,908

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 30, 2021
Sold by
Feathers Brigette and Feathers Andrew
Bought by
Banh Phong
Seller's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
Buyer's Agent
Rebecca Carpenter
Long & Foster Real Estate, Inc.
List Price
$399,000
Sold Price
$387,500
Premium/Discount to List
-$11,500
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.13%
Original Mortgage
$368,125
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2016
Sold by
1320 Residences Llc
Bought by
Feathers Brigette and Feathers Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,920
Interest Rate
3.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Heales Megan Elizabeth $399,900 Home First Title
Heales Megan Elizabeth $399,900 Home First Title
Banh Phong $387,500 Rgs Title Llc
Feathers Brigette $334,900 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heales Megan Elizabeth $379,905
Closed Heales Megan Elizabeth $379,905
Previous Owner Banh Phong $368,125
Previous Owner Feathers Brigette $267,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2024 05/17/24 Sold $399,900 0.0% $479 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $399,900 +3.2% $479 / Sq Ft
07/30/2021 07/30/21 Sold $387,500 0.0% $456 / Sq Ft View Prior Sale
07/07/2021 07/07/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $387,500 -2.9% $456 / Sq Ft
05/13/2021 05/13/21 For Sale $399,000 -- $469 / 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 $4,548 $390,000 -- --
2024 $4,548 $385,000 $115,500 $269,500
2023 $3,858 $385,000 $115,500 $269,500
2022 $3,670 $385,000 $115,500 $269,500
2021 $4,060 $420,000 $126,000 $294,000
2020 $3,705 $388,333 $0 $0
2019 $3,346 $356,667 $0 $0
2018 $2,996 $325,000 $97,500 $227,500
2017 $3,794 $325,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Alderdice

    Seller's Agent in 2024

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    20 in this area

    96 Total Sales

    Andrea Alderdice
    Section Image
  • Juli Blanton

    Buyer's Agent in 2024

    Juli Blanton

    Keller Williams Flagship

    (410) 978-0639

    1 in this area

    107 Total Sales

    Juli Blanton
    Section Image
  • Rebecca Carpenter

    Buyer's Agent in 2021

    Rebecca Carpenter

    Long & Foster

    (202) 655-7607

    2 in this area

    35 Total Sales

    Rebecca Carpenter
    Section Image
See All Agents

About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2128100

Bright MLS

APN: 13-03772252

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 104, Silver Spring, MD

Not Listed for Sale

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