NOT LISTED FOR SALE

Estimated Value: $222,000 - $257,000

1 Bed
1 Bath
549 Sq Ft
2016 Built

Sale Details

Date Sold: April 10, 2025

Last sale price $255,000 $464 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,090 / mo

252 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • City View
  • Woodlin Elementary School Rated A-
  • 24-Hour Security
  • Open Floorplan

About This Home

As of April 2025

New Year! New Home! This beautiful one-bedroom and one full-bathroom condo has everything you want in Silver Spring, and it is close to the downtown and Silver Spring Metro station. It's only a year young condo, fairly new. The unit has a balcony and laundry in your unit and many more amenities. You will love the urban life.

Last Agent to Sell the Property

Helen Han

(240) 497-0408 chrismann@remax.net REMAX Platinum Realty License #517163 Listed on: 07/08/2024

REMAX Platinum Realty

Last Buyer's Agent

Jenn Schneider

(410) 783-0465 jenn.schneider@nacared.com Neighborhood Assistance Corporation of America License #BR40000226

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,256

Year Built

  • Built in 2016

Lot Details

  • Property is in excellent condition

HOA Fees

  • $557 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 549 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Sliding Doors
  • Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Accessible Home Design

  • Accessible Elevator Installed
  • Doors with lever handles
  • Doors are 32 inches wide or more

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303772560

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, reserve funds, sewer, trash, water, snow removal
  • 102 Units
  • Mid-Rise Community
  • Octave 1320 Condos
  • The Octave Codm Community
  • Downtown Silver Spring Subdivision
  • Property Manager

Amenities

  • Concierge
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • 24-Hour Security
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,256

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

HOA Fees

$557 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, 32"+ Wide Doors, Doors - Lever Handle(s)
  • Ownership: Condominium
  • Historic: No
  • Inclusions: Balcony. Storage Included.
  • 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: Built-In Microwave, Dishwasher, Dryer, Refrigerator, Stainless Steel Appliances, Washer, Washer/Dryer Stacked, Oven/Range - Gas
  • Entry Floor: 3
  • Flooring Type: Wood
  • Interior Amenities: Floor Plan - Open, Wood Floors
  • Fireplace: No
  • Door Features: Sliding Glass
  • Elevators Count: 2
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 1
  • Room List: Living Room, Kitchen, Bedroom 1, Full Bath
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 549
  • Living Area Sq Ft: 549
  • Price Per Sq Ft: 464.30
  • 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: Combination, Brick, Stone, Aluminum Siding
  • Exterior Features: Exterior Lighting, Street Lights, Secure Storage
  • 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
  • Type Of Parking: On Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Natural Gas, Central
  • Heating Type: Heat Pump(s), Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: 24 Hour Security, Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 556.69
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: OCTAVE 1320
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Extra Storage, Party Room, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Reserve Funds, Sewer, Trash, Water, Snow Removal
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: 011
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: Yes
  • Pets: Dogs Ok, Cats Ok, Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3256.00
  • Assessor Parcel Number: 161303772560
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

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
Jul 8, 2024
Closed on
Apr 10, 2025
Sold by
Bought by
Seller's Agent
Helen Han
REMAX Platinum Realty
Buyer's Agent
Jenn Schneider
Neighborhood Assistance Corporation of America
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%
Views
304
Current Estimated Value
$243,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,028
Avg. Annual Appreciation
-3.80%
Original Mortgage
$247,350
Outstanding Balance
$246,275
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
-$2,303

Purchase Details

Closed on
Aug 5, 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
$202,000
Interest Rate
3.41%
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

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
$255,000 None Listed On Document
$255,000 None Listed On Document
$252,500 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 $247,350
Closed $247,350
Previous Owner $202,000
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
04/10/2025 04/10/25 Sold $255,000 0.0% $464 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
11/01/2024 11/01/24 Price Changed $254,900 -1.9% $464 / Sq Ft
07/08/2024 07/08/24 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 $16 $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

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Map

Source: Bright MLS

MLS Number: MDMC2138322

Bright MLS

APN: 13-03772560

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