NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 206 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $245,000 - $252,000

1 Bed
1 Bath
460 Sq Ft
2016 Built

Sale Details

Date Sold: August 9, 2018

Last sale price $245,000 $533 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,551 / mo

Highlights

  • Concierge
  • Fitness Center
  • Contemporary Architecture
  • Woodlin Elementary School Rated A-
  • Open Floorplan
  • Wood Flooring

About This Home

As of November 2024

**ALSO AVAILABLE FOR SALE $249,900 ** Experience city living at its finest in Silver Spring, just blocks from the Silver Spring Metro Station. This stunning home, built in 2016, features wood flooring throughout, sleek quartz countertops, in-unit washer and dryer, and a private balcony perfect for relaxing. The building offers a wealth of amenities, including a fitness room, rooftop terrace, bike storage, sky lounge, concierge services, and a sophisticated lobby with a cozy fireplace. Step outside to enjoy the new Montgomery County Aquatic and Recreation Center across the street or visit the New Mom's Organic Market just two blocks away for fresh, healthy options. With a variety of local restaurants, music venues, and farmers' markets nearby, plus unparalleled convenience in transportation and shopping right at your doorstep, you’ll love calling this vibrant community home. Vouchers Welcome.

Last Agent to Rent the Property

Andrea Alderdice

(240) 497-1700 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 10/18/2024

Long & Foster Real Estate, Inc.

Last Renter's Agent

Steve Schuck

(301) 298-1001 SchuckGroup@lnf.com Compass License #86098

Compass

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Cool or White Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 460 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

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with 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 HVAC
  • Energy-Efficient Lighting

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Property is in very good condition

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,700
  • $300 Move-In Fee
  • Tenant pays for cable TV, electricity, gas, heat
  • The owner pays for association fees, common area maintenance, sewer, snow removal, trash collection, water
  • Rent includes additional storage space, common area maintenance, hoa/condo fee, HVAC maint, sewer, snow removal, trash removal, water
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 10/18/24
  • $55 Application Fee
  • Assessor Parcel Number 161303772376

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include water, sewer, trash, snow removal, management, exterior building maintenance
  • Mid-Rise Community
  • Octave 1320 Condominiums
  • The Octave Codm Community
  • Downtown Silver Spring Subdivision
  • Property Manager

Amenities

  • Concierge
  • Party Room

Recreation

Pet Policy

  • No Pets Allowed

Security

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

Condo Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

Rental Info

  • Date Available: 2024-10-18
  • Application Fee: 55.00
  • Owner Pays: Association Fees, Common Area Maintenance, Sewer, Snow Removal, Trash Collection, Water
  • Pets Allowed: No
  • Rent Includes: Additional Storage Space, Common Area Maintenance, Hoa/Condo Fee, Hvac Maint, Sewer, Snow Removal, Trash Removal, Water
  • Security Deposit: 1700.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas, Heat
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Move In Fee: 300.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • 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
  • Inclusions: Storage Included In ListPrice, Storage Included In SalePrice
  • New Construction: No
  • Story List: Main
  • 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: 2
  • Flooring Type: Wood
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Wood Floors, Floor Plan - Open, Upgraded Countertops, Bathroom - Tub Shower
  • 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: 460
  • Living Area Sq Ft: 460
  • Price Per Sq Ft: 3.70
  • Above Grade Finished Sq Ft: 460
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 1
  • Main Level Bedrooms: 1
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below 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
  • 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 Frequency: Monthly
  • Condo Co-Op Name: Octave 1320 Condominiums
  • 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

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Hvac, Lighting

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

Tax Info

  • Assessor Parcel Number: 161303772376

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Aug 9, 2018
Sold by
Hines Shayla A
Bought by
Seller's Agent
Cynthia Marshall-McFarland
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Joseph Olatunde Seriki
TTR Sotheby's International Realty
List Price
$265,900
Sold Price
$245,000
Premium/Discount to List
-$20,900
-7.86%
Current Estimated Value
$249,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,367
Avg. Annual Appreciation
0.22%
Original Mortgage
$232,750
Outstanding Balance
$198,285
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$51,082

Purchase Details

Closed on
Jun 10, 2016
Sold by
1320 Residences Llc
Bought by
Hines Shayla A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,600
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Silver Spring, MD

  • Jon Rudick Real Estate Agent - Compass

    Jon Rudick

    Compass

    (844) 331-7230

    55 Total Sales

    2 in Downtown Silver Spring

    $368K - $388K Price Range

    Jon Rudick
     Section Image
  • Temi Akojie Real Estate Agent - Keller Williams Capital Properties

    Temi Akojie

    Keller Williams Capital Properties

    (240) 474-9350

    133 Total Sales

    1 in Downtown Silver Spring

    $315,000 Price

    Temi Akojie
     Section Image
  • Margie Halem Real Estate Agent - Compass

    Margie Halem

    Compass

    (240) 630-5218

    263 Total Sales

    1 in Downtown Silver Spring

    $800,000 Price

    Margie Halem
     Section Image
  • Neil Bacchus Real Estate Agent - EXP Realty, LLC

    Neil Bacchus

    EXP Realty, LLC

    (301) 281-6383

    128 Total Sales

    1 in Downtown Silver Spring

    $304,000 Price

    Neil Bacchus
     Section Image
  • Laura Bacchus Real Estate Agent - EXP Realty, LLC

    Laura Bacchus

    EXP Realty, LLC

    (240) 453-4112

    53 Total Sales

    1 in Downtown Silver Spring

    $304,000 Price

    Laura Bacchus
     Section Image
  • Ariana Loucas Real Estate Agent - Compass

    Ariana Loucas

    Compass

    (844) 266-7711

    74 Total Sales

    1 in Downtown Silver Spring

    $334,366 Price

    Ariana Loucas
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$245,000 Premium Title & Escrow Llc
Hines Shayla A $209,900 Closeline Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $232,750
Previous Owner Hines Shayla A $203,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2024 11/30/24 Rented $1,700 0.0% --
11/09/2024 11/09/24 Under Contract -- -- --
10/18/2024 10/18/24 For Rent $1,700 0.0% --
08/09/2018 08/09/18 Sold $245,000 -5.4% $533 / Sq Ft View Prior Sale
07/10/2018 07/10/18 Pending -- -- --
06/28/2018 06/28/18 Price Changed $258,900 -2.6% $563 / Sq Ft
06/11/2018 06/11/18 For Sale $265,900 -- $578 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,105 $235,000 $70,500 $164,500
2024 $2,903 $245,000 $73,500 $171,500
2023 $2,212 $245,000 $73,500 $171,500
2022 $2,092 $245,000 $73,500 $171,500
2021 $2,089 $245,000 $73,500 $171,500
2020 $1,939 $231,667 $0 $0
2019 $1,787 $218,333 $0 $0
2018 $1,641 $205,000 $61,500 $143,500
2017 $2,415 $205,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Alderdice Real Estate Agent - Long & Foster

    Landlord's Agent in 2024

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    15 in this area

    92 Total Sales

    Andrea Alderdice
    Section Image
  • Steve Schuck Real Estate Agent - Compass

    Tenant's Agent in 2024

    Steve Schuck

    Compass

    (301) 580-0177

    103 Total Sales

    Steve Schuck
    Section Image
  • Joseph Olatunde Seriki Real Estate Agent - TTR Sotheby's International Realty

    Buyer's Agent in 2018

    Joseph Olatunde Seriki

    TTR Sotheby's International Realty

    (202) 550-9523

    1 in this area

    22 Total Sales

    Joseph Olatunde Seriki
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2152980

Bright MLS

APN: 13-03772376

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 206, Silver Spring, MD

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