NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 310 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $251,000 - $270,000

1 Bed
1 Bath
549 Sq Ft
1964 Built

Sale Details

Date Sold: February 23, 2023

Last sale price $257,500 $469 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,144 / mo

43 Days on Market

Highlights

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

About This Home

As of February 2023

Built in 2016, this cool & contemporary building is located just a couple of blocks from the Silver Spring Metro. This unit features engineered hardwood flooring throughout, quartz countertops, stainless appliances, in-unit full size washer & dryer, and balcony that overlooks a treed green space. The many building amenities include a fitness room, roof terrace, bike storage room, sky lounge, concierge and sophisticated lobby with fireplace. Stroll down to the Starbucks for a cup of coffee or stop by one of the many local restaurants, music venues, and farmer markets. You will love the convenience of transportation, shopping and dining all right outside your front door. Includes storage space. Pet friendly!

Last Agent to Sell the Property

Andrea Alderdice

(240) 497-1700 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 12/09/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Keri Shull

(571) 398-5989 va.broker@exprealty.net EXP Realty, LLC License #618083

EXP Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,122

Year Built

  • Built in 1964

HOA Fees

  • $525 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Cool or White Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 549 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Exterior Cameras

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

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 Appliances
  • 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

  • Assessor Parcel Number 161303772547

Community Details

Overview

  • Association fees include water, sewer, trash, snow removal, management, exterior building maintenance, common area maintenance
  • Mid-Rise Community
  • Octave 1320 Condominiums
  • The Octave Codm Community
  • Downtown 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
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,122

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

HOA Fees

$525 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, Doors - Lever Handle(s), Level Entry - Main, 32"+ Wide Doors
  • Ownership: Condominium
  • Inclusions: Storage Included In ListPrice, Storage Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading
  • Entry Floor: 3
  • Flooring Type: Wood
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 549
  • Living Area Sq Ft: 549
  • Price Per Sq Ft: 473.41
  • Above Grade Finished Sq Ft: 549
  • 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
  • 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: Rented/Permit Required
  • Type Of Parking: Off Site

Utilities

  • Refuse: 17.29
  • 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: 525.00
  • 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, Storage Bin
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash, Snow Removal, Management, Ext Bldg Maint, Common Area Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Hvac, Lighting, Appliances

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony, Roof
  • Property Condition: Very Good
  • Zoning: CR-5.0 C-4.0 R-4.75 H-14
  • In City Limits: No

Rental Info

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

Tax Info

  • Tax Annual Amount: 3122.00
  • Assessor Parcel Number: 161303772547
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

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
Dec 9, 2022
Closed on
Feb 21, 2023
Sold by
Bought by
Seller's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
Buyer's Agent
Keri Shull
EXP Realty, LLC
List Price
$259,900
Sold Price
$257,500
Premium/Discount to List
-$2,400
-0.92%
Views
78
Current Estimated Value
$259,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,334
Avg. Annual Appreciation
0.27%
Original Mortgage
$57,500
Outstanding Balance
$55,441
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$204,393

Purchase Details

Closed on
Jul 22, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,920
Interest Rate
3.56%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$257,500 --
$254,900 Closline 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 $57,500
Previous Owner $203,920
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
02/23/2023 02/23/23 Sold $257,500 -0.9% $469 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
12/09/2022 12/09/22 For Sale $259,900 -- $473 / 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 $2,620 $220,000 $66,000 $154,000
2024 $3,256 $275,000 $82,500 $192,500
2023 $3,949 $275,000 $82,500 $192,500
2022 $2,217 $275,000 $82,500 $192,500
2021 $2,483 $280,000 $84,000 $196,000
2020 $2,277 $266,667 $0 $0
2019 $2,182 $253,333 $0 $0
2018 $2,036 $240,000 $72,000 $168,000
2017 $2,817 $240,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Alderdice

    Seller's Agent in 2023

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    17 in this area

    92 Total Sales

    Andrea Alderdice
    Section Image
  • Keri Shull

    Buyer's Agent in 2023

    Keri Shull

    EXP Realty, LLC

    (703) 947-0991

    1 in this area

    1,908 Total Sales

    Keri Shull
    Section Image
  • Jamie Saint John

    Buyer Co-Listing Agent in 2023

    Jamie Saint John

    Compass

    (831) 345-0699

    1 in this area

    21 Total Sales

    Jamie Saint John
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2077570

Bright MLS

APN: 13-03772547

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 310, Silver Spring, MD

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