NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 112 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $322,000 - $363,000

2 Beds
2 Baths
760 Sq Ft
$419/mo HOA Fee

Last Sold July 19, 2018

Last sale price $380,000 $500 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,601/month

Highlights

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

About This Home

As of July 2018

One of a kind, like new 2BR/2BA just steps to the Silver Spring Metro. One of the only units w/soaring 11' ceilings, extra storage nooks, multiple MBR closets, & 2balconies. Highly amenitized building w/contemporary finishes, lobby/club rm, fitness rm, sky lounge, roof terrace, bike rm, concierge, quartz ctops, wood floors & full size w/d in unit! Includes storage space. Pet friendly!

Last Agent to Sell the Property

Andrea Alderdice

(301) 466-5898 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 06/15/2018

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Andrea Alderdice

(301) 466-5898 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 06/15/2018

Long & Foster Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,255

Year Built

  • Built in 2016

HOA Fees

  • $419 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Cool or White Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 760 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
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Front Loading Dryer
  • Front Loading Washer

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 161303772308

Community Details

Overview

  • Association fees include water, sewer, trash, snow removal, management, exterior building maintenance
  • Mid-Rise Condominium
  • The Octave 1320 Community
  • Downtown Silver Spring Subdivision

Amenities

  • Concierge
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,255

Year Built

Built in 2016

Lot Details

0

HOA Fees

$419 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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-06-15
  • Year Built: 2016
  • Remarks Public: One of a kind, like new 2BR/2BA just steps to the Silver Spring Metro. One of the only units w/soaring 11' ceilings, extra storage nooks, multiple MBR closets, & 2balconies. Highly amenitized building w/contemporary finishes, lobby/club rm, fitness rm, sky lounge, roof terrace, bike rm, concierge, quartz ctops, wood floors & full size w/d in unit! Includes storage space. Pet friendly!
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading
  • Interior Amenities: Combination Kitchen/Dining, Primary Bath(s), Entry Level Bedroom, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings, High
  • Entry Location: 1st Floor
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 760
  • Living Area Sq Ft: 760
  • Price Per Sq Ft: 499.87
  • Above Grade Finished Sq Ft: 760
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1320

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
  • Construction Materials: Brick, Aluminum Siding, Stone
  • Roof: Cool/White
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • 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: 418.91
  • 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 Condo Co-Op Management Type: Professional - Off-Site
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Green Features

  • Efficiency: Hvac, Lighting, Appliances

Lot Info

  • Improvement Assessed Value: 203000.00
  • Land Assessed Value: 87000.00
  • Outdoor Living Structures: Balconies- Multiple
  • Property Condition: Very Good
  • Year Assessed: 2018

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14125951
  • Assessor Parcel Number: 161303772308
  • Tax Total Finished Sq Ft: 759
  • County Tax Payment Frequency: Annually
  • Close Date: 07/19/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2021
Sold by
Gabeau David R and Ellis Aisha M
Bought by
Gabeau David R and Ellis Aisha
Current Estimated Value
$345,601

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 19, 2018
Sold by
Derus Ii Alphonse Julius and Brockway Porter
Bought by
Gabeau David R and Ellis Aisha M
Seller's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
Buyer's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
List Price
$379,900
Sold Price
$380,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.30%
Original Mortgage
$346,275
Outstanding Balance
$300,099
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$45,502

Purchase Details

Closed on
Jun 13, 2016
Sold by
1320 Residences Llc
Bought by
Derus Ii Alphonse Julius and Brockway Porter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,750
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Gabeau David R -- None Available
Gabeau David R $380,000 Sage Title Group
Derus Ii Alphonse Julius $304,900 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabeau David R $346,275
Previous Owner Derus Ii Alphonse Julius $295,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $380,000 0.0% $500 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $379,900 -- $500 / 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 $4,255 $330,000 $99,000 $231,000
2024 $4,255 $360,000 $108,000 $252,000
2023 $4,237 $358,333 $0 $0
2022 $4,043 $356,667 $0 $0
2021 $4,020 $355,000 $106,500 $248,500
2020 $3,777 $333,333 $0 $0
2019 $3,531 $311,667 $0 $0
2018 $2,601 $290,000 $87,000 $203,000
2017 $3,392 $290,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Alderdice

    Seller's Agent in 2018

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    19 in this area

    99 Total Sales

    Andrea Alderdice
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About Octave 1320

Map

Source: Bright MLS

MLS Number: 1001839018

Bright MLS

APN: 13-03772308

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 112, Silver Spring, MD

This home is located at 1320 Fenwick Ln Unit 112, Silver Spring, MD 20910 since 15 June 2018 and is currently estimated at $345,601, approximately $454 per square foot. This property was built in 2016. 1320 Fenwick Ln Unit 112 is a home located in Montgomery County with nearby schools including Woodlin Elementary School, Sligo Middle School, and Albert Einstein High School.

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