NOT LISTED FOR SALE

Estimated Value: $256,295

1 Bed
1 Bath
460 Sq Ft
1964 Built

Sale Details

Date Sold: October 15, 2020

Last sale price $249,900 $543 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,956 / mo

22 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Woodlin Elementary School Rated A-
  • City View
  • Deck

About This Home

As of October 2020

Don't miss this beautifully decorated and meticulously maintained home in the heart of Silver Spring! This 1 BR 1 BA condo features the contemporary finishes today's buyers are looking for 9 ft ceilings, floor to ceiling & wall to wall windows, recessed lighting, easy maintenance engineered hardwood floors, stainless steel appliances, quartz counters, glass tile backsplash and contemporary cabinets. Sliding glass doors between living room and bedroom provide open concept living or added privacy when needed. Two large closets and full size washer & dryer in unit. Afternoon sun floods the private balcony for relaxing outdoors. Experience the best of urban living at The Octave with their "Sky Lounge" party room, Roof Top Deck with entertainment areas, Fitness Center/gym, Front Desk Concierge, Bike Room and storage room with dedicated areas for each homeowner. Pet friendly building (2 pets/unit). The Octave is just minutes to Metro, restaurants, shopping, theatres and more with a walking score of 96. Enjoy the Fillmore Theatre, AFI Silver Theatre & Cultural Center, retail stores or community center ... or hop the subway and sight see downtown! Convenient parking next door at the County parking garage provides ample parking for guests and homeowner alike. Located just inside the beltway, The Octave offers easy access to major commuter routes. Pls note video recording device in unit; audio not on.

Last Agent to Sell the Property

Sharlene Monroe

(240) 630-8689 sharlenesells@msn.com Samson Properties Brokerage Phone: 3019214500 Listed on: 08/22/2020

Samson Properties

Last Buyer's Agent

Wendy Mason

(240) 630-8689 resqreal@gmail.com Samson Properties License #582215

Samson Properties

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,479

Year Built

  • Built in 1964 | Remodeled in 2015

HOA Fees

  • $334 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor
  • Modular Walls

Interior Spaces

  • 460 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Combination Kitchen and Living
  • City Views
  • Exterior Cameras

Kitchen

  • Galley Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Tile or Brick

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Gas Washer and Dryer

Parking

  • Public Parking
  • Lighted Parking
  • Off-Site Parking
  • Parking Fee
  • Rented or Permit Required
  • Unassigned Parking

Outdoor Features

  • Deck

Unit Details

  • Two or More Common Walls
  • Property is in excellent condition

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Multi-Tank Hot Water Heater

Additional Features

  • Accessible Elevator Installed
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 161303772387

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, management, trash, water, sewer
  • Mid-Rise Community
  • The Octave Condos
  • The Octave 1320 Community
  • Silver Spring Subdivision
  • Property Manager

Amenities

  • Concierge
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed
  • Breed Restrictions

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,479

Year Built

Built in 1964 | Remodeled in 2015

HOA Fees

$334 per month

Listing Details

  • Standard Status: Closed
  • 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: Ceiling mounted ceiling fan/light in bedroom. Wall mounted jewelry cabinet/mirror on bedroom wall. ADT security system and sensors. New buyer will have to hook up service if interested.
  • New Construction: No
  • Story List: Main
  • Expected On Market: 8/22/2020 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1964
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • MLS Status: CLOSED-BRIGHT
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer - Front Loading, Dryer - Gas, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 2
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: Ceiling Fan(s), Combination Kitchen/Living, Floor Plan - Open, Kitchen - Galley, Recessed Lighting, Bathroom - Tub Shower, Upgraded Countertops
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Elevators Count: 2
  • Wall Ceiling Types: Dry Wall, Mod Walls
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1, Laundry, Bathroom 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 460
  • Living Area Sq Ft: 460
  • Price Per Sq Ft: 543.35
  • 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: Concrete, Glass
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Lighted Parking, Parking Fee, Public, Rented/Permit Required, Unassigned
  • Type Of Parking: Off Site

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Security: Desk In Lobby, Carbon Monoxide Detector(s), Main Entrance Lock, Exterior Cameras, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 333.91
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Octave
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Extra Storage, Fitness Center, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Management, Trash, Water, Sewer
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: WOODLIN
  • High School: ALBERT EINSTEIN
  • Middle Or Junior School: SLIGO

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Outdoor Living Structures: Balcony, Deck(s), Roof
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit, Cats Ok, Dogs Ok, Breed Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 2479.00
  • Assessor Parcel Number: 161303772387
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

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
Aug 22, 2020
Closed on
Oct 15, 2020
Sold by
Brewington Erica Nicole
Bought by
Seller's Agent
Sharlene Monroe
Samson Properties
Buyer's Agent
Wendy Mason
Samson Properties
List Price
$249,942
Sold Price
$249,900
Premium/Discount to List
-$42
-0.02%
Current Estimated Value
$256,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,395
Avg. Annual Appreciation
0.43%
Original Mortgage
$224,910
Outstanding Balance
$148,444
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$107,851

Purchase Details

Listed on
Aug 13, 2015
Closed on
May 16, 2016
Sold by
1320 Residences Llc
Bought by
Brewington Erica Nicole
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Sharlene Monroe
Samson Properties
List Price
$209,900
Sold Price
$209,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$10,000
Interest Rate
3.65%
Mortgage Type
Stand Alone Second
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

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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
$249,900 Lakeside Title Company
Brewington Erica Nicole $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 $224,910
Previous Owner Brewington Erica Nicole $10,000
Previous Owner Brewington Erica Nicole $199,405
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
10/15/2020 10/15/20 Sold $249,900 0.0% $543 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $249,942 +19.1% $543 / Sq Ft
05/16/2016 05/16/16 Sold $209,900 0.0% $465 / Sq Ft View Prior Sale
08/13/2015 08/13/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $209,900 -- $465 / 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 $3,878 $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

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Map

Source: Bright MLS

MLS Number: MDMC718928

Bright MLS

APN: 13-03772387

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