$360,000
SOLD AUG 19, 2022
2 Beds
2 Baths
804 Sq Ft
$667/mo HOA Fee

Recently Sold

$448 Per Sq Ft

3% Below List Price

6 Days on Market

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 2025

Light-filled 2-bedroom apartment in The Octave Condominium is one of Downtown Silver Spring's most desirable buildings. This well-kept corner unit is on the second floor, featuring an open concept floor plan with wood floors, a washer/dryer combo, floor-to-ceiling windows, modern bathrooms, and a luxurious kitchen. This pet-friendly building offers a front desk with a day porter, a full gym, a bicycle room, a sky lounge, and a rooftop deck with outstanding views of Downtown Silver Spring. Incredible location, within a 6 min walk to the metro station, and walking distance of Whole Foods Supermarket, Safeway, Starbucks, movie theater, restaurants, shopping center, farmer's markets, music venues, and the soon-to-come Montgomery County Aquatic Center. Public parking is available on Cameron St behind the building for free on weekends, holidays, and overnight during business days; during the remaining times, a monthly parking ticket can be purchased from the county website. Separate storage unit included!

Last Agent to Sell the Property

Amalia Morales Garicoits

RLAH @properties Listed on: 07/15/2022

RLAH @properties

Last Buyer's Agent

Zach Yelton

Samson Properties License #SP40001204

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,696

Year Built

  • Built in 1964

Lot Details

  • Two or More Common Walls
  • Property is in very good condition

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 804 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Combination Kitchen and Living
  • Wood Flooring
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Woodlin Elementary School
  • Sligo Middle School
  • Albert Einstein High School

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed

Listing and Financial Details

  • Assessor Parcel Number 161303772321

Community Details

Overview

  • Association fees include water, common area maintenance, recreation facility, reserve funds, sewer, snow removal
  • Mid-Rise Condominium
  • The Octave Condos, Phone Number (301) 378-8139
  • The Octave Codm Community
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,696

Year Built

Built in 1964

Lot Details

0

HOA Fees

$667 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
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Storage Unit - #86
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-07-15
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Light-filled 2-bedroom apartment in The Octave Condominium is one of Downtown Silver Spring's most desirable buildings. This well-kept corner unit is on the second floor, featuring an open concept floor plan with wood floors, a washer/dryer combo, floor-to-ceiling windows, modern bathrooms, and a luxurious kitchen. This pet-friendly building offers a front desk with a day porter, a full gym, a bicycle room, a sky lounge, and a rooftop deck with outstanding views of Downtown Silver Spring. Incredible location, within a 6 min walk to the metro station, and walking distance of Whole Foods Supermarket, Safeway, Starbucks, movie theater, restaurants, shopping center, farmer's markets, music venues, and the soon-to-come Montgomery County Aquatic Center. Public parking is available on Cameron St behind the building for free on weekends, holidays, and overnight during business days; during the remaining times, a monthly parking ticket can be purchased from the county website. Separate storage unit included!
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Dryer, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 2
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Table Space, Walk-In Closet(s), Tub Shower, Recessed Lighting
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 804
  • Living Area Sq Ft: 804
  • Price Per Sq Ft: 460.20
  • Above Grade Finished Sq Ft: 804
  • 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: Brick
  • Spa: No
  • View: Street
  • 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 Street

Utilities

  • Refuse: 17.29
  • Water Sewer Hookup Fee: 125.00
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby, Intercom
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 667.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Octave
  • Condo Co-Op Phone: (301) 378-8139
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Extra Storage, Fitness Center, Party Room
  • HOA Condo Co-Op Fee Includes: Water, Common Area Maintenance, Recreation Facility, Reserve Funds, Sewer, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: WOODLIN
  • Middle School: SLIGO
  • High School: ALBERT EINSTEIN
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: WOODLIN
  • High School: ALBERT EINSTEIN
  • Middle Or Junior School: SLIGO

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 294000.00
  • Land Assessed Value: 126000.00
  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14125655
  • Tax Annual Amount: 4696.00
  • Assessor Parcel Number: 161303772321
  • Tax Total Finished Sq Ft: 804
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 08/19/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Aug 18, 2022
Sold by
Pajuelo Wilfredo L
Bought by
Aquino Raphael
Seller's Agent
Amalia Morales Garicoits
RLAH @properties
Buyer's Agent
Zach Yelton
Samson Properties
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%
Original Mortgage
$372,960
Outstanding Balance
$359,490
Interest Rate
5.54%
Mortgage Type
VA
Estimated Equity
$34,835

Purchase Details

Closed on
Jun 1, 2016
Sold by
1320 Residences Llc
Bought by
Pajuelo Wilfredo L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,920
Interest Rate
3.61%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $360,000 --
Deed $329,900 Closeline Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $372,960 VA
Previous Owner $263,920 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Sold $382,500 -2.7% $476 / Sq Ft
07/03/2025 07/03/25 Pending -- -- --
06/24/2025 06/24/25 Price Changed $393,000 -1.8% $489 / Sq Ft
06/04/2025 06/04/25 For Sale $400,000 0.0% $498 / Sq Ft
06/04/2025 06/04/25 Price Changed $400,000 +11.1% $498 / Sq Ft
08/19/2022 08/19/22 Sold $360,000 -2.7% $448 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $370,000 0.0% $460 / Sq Ft
01/29/2021 01/29/21 Rented $1,850 -14.0% --
12/19/2020 12/19/20 Price Changed $2,150 -4.4% $3 / Sq Ft
12/18/2020 12/18/20 For Rent $2,250 0.0% --
01/01/2020 01/01/20 Rented $2,250 0.0% --
12/16/2019 12/16/19 Under Contract -- -- --
12/03/2019 12/03/19 For Rent $2,250 -- --
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 $4,960 $420,000 $126,000 $294,000
2023 $4,942 $418,333 $0 $0
2022 $4,720 $416,667 $0 $0
2021 $4,696 $415,000 $124,500 $290,500
2020 $4,341 $383,333 $0 $0
2019 $3,290 $351,667 $0 $0
2018 $2,939 $320,000 $96,000 $224,000
2017 $3,736 $320,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2060566

Bright MLS

APN: 13-03772321