NOT LISTED FOR SALE

Estimated Value: $403,000 - $414,000

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. 2% decrease in value since last sale

Current estimated payment $3,295/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 Listed By

Ivana Pelikan

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

Long & Foster Real Estate, Inc.

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

  • Air Source Heat Pump
  • 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%
Total Days on Market
17
Current Estimated Value
$408,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,156
Avg. Annual Appreciation
-0.47%
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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Silver Spring, MD

  • 3005 S Leisure World Blvd Unit 717, Silver Spring, MD 20906

    $335,000

    • 2 Beds
    • 2 Baths
    • 1,495 Sq Ft
    • 3005 S Leisure World Blvd
    • Unit 717
    • Silver Spring, MD

    Welcome to Turnberry Courts - Spacious K Model Condo with Golf Course Views! This beautiful 2-bedroom, 2-bathroom condo with a den offers the perfect blend of comfort and convenience, situated within a sought-after gated retirement community. Boasting stunning views, the unit features a 31-foot enclosed balcony, ideal for morning coffee, unwinding and enjoying the serene surroundings, and

    Francisco Saladino Long & Foster Real Estate, Inc.

    Section Image
  • 3330 N Leisure World Blvd Unit 5-919, Silver Spring, MD 20906

    $425,000

    • 2 Beds
    • 2 Baths
    • 1,317 Sq Ft
    • 3330 N Leisure World Blvd
    • Unit 5-919
    • Silver Spring, MD

    Vibrant, Modern & Completely Renovated 2-Bedroom, 2-Bathroom Residence + Garage Parking in the highly sought after Leisure World Community.Located within the Fairway South community, experience luxury living in this fabulous, fully renovated home featuring an oversized garage parking space equipped with a coveted Tesla charging station. The artistically designed interior is infused with vibrant

    Neil Bacchus EXP Realty, LLC

    Section Image
  • 1320 Fenwick Ln Unit 402, Silver Spring, MD 20910

    $399,000

    • 2 Beds
    • 2 Baths
    • 850 Sq Ft
    • 1320 Fenwick Ln
    • Unit 402
    • Silver Spring, MD

    **Discover Urban Luxury Living in the Heart of Silver Spring!** Welcome to this stunning 2-bedroom, 2-bathroom condo, perfectly located just steps from the Silver Spring Metro Station. Built in 2016, this home blends modern sophistication with effortless convenience. **Step inside to find:** **Sunlit interiors** with floor-to-ceiling windows offering stunning western and southern views

    Tafseer Ahmad Real Broker, LLC - Gaithersburg

    Section Image
  • 1320 Fenwick Ln Unit 808, Silver Spring, MD 20910

    $360,000

    • 2 Beds
    • 2 Baths
    • 744 Sq Ft
    • 1320 Fenwick Ln
    • Unit 808
    • Silver Spring, MD

    Enjoy all the convenience of city living in this gorgeous penthouse 2 bedroom, 2 full bath condo loaded with upgrades and perfectly located in the heart of downtown Silver Spring, only a few blocks away from Metro and the area's finest restaurants, shopping, entertainment and nightlife. The whole building was renovated in 2016. An upscale lobby with secured entrance, rooftop deck, private

    Yinghua Deng BMI REALTORS INC.

    Section Image
  • 1320 Fenwick Ln Unit 201, Silver Spring, MD 20910

    $399,900

    • 2 Beds
    • 2 Baths
    • 804 Sq Ft
    • 1320 Fenwick Ln
    • Unit 201
    • Silver Spring, MD

    **ASSUMABLE LOAN of 4%** Welcome to The Octave, a stunning unit that embodies contemporary living in a vibrant community. This beautifully designed 2-bedroom, 2-bathroom condo offers a perfect blend of comfort and style, making it an ideal retreat for those seeking a modern lifestyle. Inside, you'll find a beautifully appointed interior featuring quartz countertops, hardwood floors throughout,

    Zach Yelton Long & Foster Real Estate, Inc.

    Section Image
  • 1320 Fenwick Ln Unit 800, Silver Spring, MD 20910

    $395,000

    • 2 Beds
    • 2 Baths
    • 771 Sq Ft
    • 1320 Fenwick Ln
    • Unit 800
    • Silver Spring, MD

    Your chance to own one of the best units in the Octave 1320!  This penthouse 2 bedroom, 2 full bath condo is one of only a handful of 2 bedroom units with a balcony. Enjoy the tree-top view with the eastern facing, morning sun while enjoying a cup of coffee and listening to the bubbling Alba Rosa water fountain. The many home features include quartz countertops, wood floors throughout,

    Andrea Alderdice Long & Foster Real Estate, Inc.

    Section Image
  • 930 Wayne Ave Unit 708, Silver Spring, MD 20910

    $395,000

    • 2 Beds
    • 1.5 Baths
    • 963 Sq Ft
    • 930 Wayne Ave
    • Unit 708
    • Silver Spring, MD

    Welcome to the Crescent, your urban oasis in the heart of Downtown Silver Spring. This spacious condo unit offers a bright and inviting living area with floor-to-ceiling windows overlooking charming Wayne Avenue. The gourmet kitchen features granite countertops, ample cabinet space, and a convenient breakfast bar that seamlessly connects to the living area. The primary bedroom features dual

    Carmen Fontecilla Compass

    Section Image
  • 930 Wayne Ave Unit 402, Silver Spring, MD 20910

    $319,900

    • 1 Bed
    • 1 Bath
    • 753 Sq Ft
    • 930 Wayne Ave
    • Unit 402
    • Silver Spring, MD

    Price improvement! Live in the heart of Silver Spring—just steps from the Metro and future Purple Line stop, Whole Foods, Giant, Ellsworth Place, The Fillmore, American Film Institute, Bullis Local Park with playground, tennis courts, and soccer fields, plus a wide array of restaurants, shops, and more! Inside, discover effortless urban living in this beautifully updated 1 bed, 1 bath condo in an

    Jennifer Smira Compass

    Section Image
  • 930 Wayne Ave Unit 1407, Silver Spring, MD 20910

    $350,000

    • 1 Bed
    • 1 Bath
    • 807 Sq Ft
    • 930 Wayne Ave
    • Unit 1407
    • Silver Spring, MD

    Rare TOP-FLOOR PENTHOUSE at The Crescent in Downtown Silver Spring!This stunning 1BR/1BA home offers expansive views from a private balcony, including the Sligo Creek watershed. Featuring hardwood flooring in the living area and bedroom and tile in the kitchen, foyer, and bath. Includes premium parking space (B2-12) near the elevator, with the option to rent it out.The Crescent is a

    Jessica Rojas Weichert, REALTORS

    Section Image

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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC691014

Bright MLS

APN: 13-03772206