NOT LISTED FOR SALE

Estimated Value: $394,000 - $408,025

2 Beds
2 Baths
850 Sq Ft
$620/mo HOA Fee

Last Sold February 28, 2020

Last sale price $418,500 $492 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,310/month

17 Days on Market

Highlights

  • Concierge
  • Bar or Lounge
  • Gourmet Kitchen
  • Woodlin Elementary School Rated A-
  • Fitness Center
  • 4-minute walk to Woodside Urban Park

About This Home

As of February 2020

Truly an exceptional opportunity to live your life to the fullest at the award-winning Octave. Rarely available, largest 2 bedrooms 2 bath model in the building with over 350 SF private patio! You do not have to travel to the future - check out the Micro unit at its BEST! You will never find only a 3-year young building with a 2 BR - 2 BA with WALK-IN closets bigger than in some houses and patio as big as STUDIO apartment! The guest room can even fit a KING size bed! Efficiency meets contemporary and hip, was brilliantly curated for those who love entertaining and hosting. Take advantage of a modern kitchen, as you host your friends, or bask in the private patio of this amazing urban sanctuary. Ultra-private corner patio provides a huge extension of the living room and it is perfect for entertaining, movie watching or a game of corn-hole! Since it's on the ground level and facing South, you get a ton of light throughout the year, but still allows you to stay cool in the summer. You get to enjoy both urban living and even a private herb garden if you wish to do so. The unit features just continue, providing fantastic built-ins, amazing storage, sturdy and customizable Elfa walk-in closet with a wood countertop, large-format Italian ceramic tile floors, 12ft long full-height built-in shelves, high-end Hunter Douglas blinds, designer ceiling LED light fixtures, and hospitality styled, built-in headboard in the Master Bedroom. Finally, to top it off, say goodbye to your car! You are in the epicenter of Silver Spring, between 2 metro stops, minutes to the movie theater, Whole Foods, ice skating in the Winter at Veteran's Plaza, retail shopping, indulge in multiple beer gardens, upcoming swimming pool, numerous bike paths, and a myriad of awesome restaurants and coffee shops. This condo may be a Millennial dream, but it could be anyone's reality, so hurry call it home and your four-legged friend will be grateful too!

Last Agent to Sell the Property

Ivana Pelikan

Long & Foster Real Estate, Inc. License #SP98360633 Listed on: 01/13/2020

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Sheena Saydam

Keller Williams Capital Properties License #638126

Keller Williams Capital Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,206

Year Built

  • Built in 1964 | Remodeled in 2016

HOA Fees

  • $620 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 850 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Exterior Cameras

Kitchen

  • Gourmet Kitchen
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

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

Parking

  • Parking Lot
  • Off-Street Parking
  • Off-Site Parking
  • Parking Fee
  • Rented or Permit Required

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Exposure or Shade
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Utilities

  • Heat Pump System
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Terrace
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303772206

Community Details

Overview

  • Association fees include management, water, trash, snow removal, sewer, common area maintenance, reserve funds, recreation facility
  • High-Rise Condominium
  • The Octave Condos, Phone Number (301) 495-6636
  • Downtown Silver Spring Subdivision, Millenial Paradise Floorplan
  • The Octave Community
  • Property Manager

Amenities

  • Concierge
  • Party Room
  • Bar or Lounge

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

$4,206

Year Built

Built in 1964 | Remodeled in 2016

Lot Details

0

HOA Fees

$620 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: 32"+ Wide Doors, Elevator
  • Ownership: Condominium
  • Exclusions: Kitchen shelves and Master BR wall scones, living room wall lights, outdoor lights, and the wine cooler do not convey.
  • Home Warranty: No
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-01-14
  • Federal Flood Zone: No
  • Year Built: 1964
  • Year Renovated: 2016
  • Remarks Public: Truly an exceptional opportunity to live your life to the fullest at the award-winning Octave. Rarely available, largest 2 bedrooms 2 bath model in the building with over 350 SF private patio! You do not have to travel to the future - check out the Micro unit at its BEST! You will never find only a 3-year young building with a 2 BR - 2 BA with WALK-IN closets bigger than in some houses and patio as big as STUDIO apartment! The guest room can even fit a KING size bed! Efficiency meets contemporary and hip, was brilliantly curated for those who love entertaining and hosting. Take advantage of a modern kitchen, as you host your friends, or bask in the private patio of this amazing urban sanctuary. Ultra-private corner patio provides a huge extension of the living room and it is perfect for entertaining, movie watching or a game of corn-hole! Since it's on the ground level and facing South, you get a ton of light throughout the year, but still allows you to stay cool in the summer. You get to enjoy both urban living and even a private herb garden if you wish to do so. The unit features just continue, providing fantastic built-ins, amazing storage, sturdy and customizable Elfa walk-in closet with a wood countertop, large-format Italian ceramic tile floors, 12ft long full-height built-in shelves, high-end Hunter Douglas blinds, designer ceiling LED light fixtures, and hospitality styled, built-in headboard in the Master Bedroom. Finally, to top it off, say goodbye to your car! You are in the epicenter of Silver Spring, between 2 metro stops, minutes to the movie theater, Whole Foods, ice skating in the Winter at Veteran's Plaza, retail shopping, indulge in multiple beer gardens, upcoming swimming pool, numerous bike paths, and a myriad of awesome restaurants and coffee shops. This condo may be a Millennial dream, but it could be anyone's reality, so hurry call it home and your four-legged friend will be grateful too!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Energy Efficient Appliances, Dryer - Front Loading, Washer - Front Loading
  • Entry Floor: 1
  • Flooring Type: Ceramic Tile
  • Interior Amenities: Built-Ins, Combination Dining/Living, Floor Plan - Open, Kitchen - Gourmet, Recessed Lighting, Window Treatments
  • Window Features: Energy Efficient, Double Pane
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 850
  • Living Area Sq Ft: 850
  • Price Per Sq Ft: 490.59
  • Above Grade Finished Sq Ft: 850
  • 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, Below Grade
  • Construction Materials: Aluminum Siding, Brick, 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
  • Parking Features: Parking Fee, Rented/Permit Required
  • Type Of Parking: Off Site, Parking Lot, Off Street

Utilities

  • Refuse: 16.06
  • 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: Carbon Monoxide Detector(s), Desk In Lobby, Exterior Cameras, Fire Detection System, Main Entrance Lock, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Dsl Available, Fiber Optics Available
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 620.43
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: THE OCTAVE
  • Condo Co-Op Phone: 3014956636
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Extra Storage, Party Room, Bar/Lounge
  • HOA Condo Co-Op Fee Includes: Management, Water, Trash, Snow Removal, Sewer, Common Area Maintenance, Reserve Funds, Recreation Facility
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Efficiency: Appliances, Exposure/Shade, Hvac, Lighting
  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 238000.00
  • Land Assessed Value: 102000.00
  • Land Use Code: 011
  • Outdoor Living Structures: Terrace
  • Property Condition: Very Good
  • Year Assessed: 2019
  • Zoning: R
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis, Dogs Ok, Cats Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14125140
  • Tax Annual Amount: 4206.00
  • Assessor Parcel Number: 161303772206
  • Tax Total Finished Sq Ft: 850
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 02/28/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2020
Closed on
Feb 28, 2020
Sold by
Cabezas Catherine B and De Santiago Ricardo
Bought by
Leblanc Jason
Seller's Agent
Ivana Pelikan
Long & Foster Real Estate, Inc.
Buyer's Agent
Sheena Saydam
Keller Williams Capital Properties
List Price
$417,000
Sold Price
$418,500
Premium/Discount to List
$1,500
0.36%
Current Estimated Value
$412,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,739
Avg. Annual Appreciation
-0.64%
Original Mortgage
$404,134
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
May 23, 2016
Sold by
1320 Residences Llc
Bought by
Rodriguez Desantiago Ricardo J and Cabezas Catherine B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,155
Interest Rate
3.59%
Mortgage Type
New Conventional
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
Leblanc Jason $418,500 Kvs Title Llc
Rodriguez Desantiago Ricardo J $354,900 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leblanc Jason $405,075
Closed Leblanc Jason $404,134
Previous Owner Rodriguez Desantiago Ricardo J $337,155
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $418,500 +0.4% $492 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $417,000 -- $491 / 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
2024 $4,936 $418,000 $125,400 $292,600
2023 $4,939 $418,000 $125,400 $292,600
2022 $4,735 $418,000 $125,400 $292,600
2021 $4,229 $435,000 $130,500 $304,500
2020 $4,566 $403,333 $0 $0
2019 $4,207 $371,667 $0 $0
2018 $3,857 $340,000 $102,000 $238,000
2017 $3,966 $340,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC691014

Bright MLS

APN: 13-03772206