NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 400 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $355,604

2 Beds
2 Baths
771 Sq Ft
1964 Built

Sale Details

Date Sold: October 4, 2018

Last sale price $387,500 $503 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,612 / mo

66 Days on Market

Highlights

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

About This Home

As of October 2018

One of the best units in the newest contemporary bldg in downtown Silver Spring! Great layout. Balcony w/view of green space & fountain, Unbelievable storage! Wood floors, quartz counters, ss appliances. Central a/c.Laundry in unit. On site rental pkg incl. Fantastic amenities-fitness ctr, roof deck, rooftop lounge, bike storage, pet friendly & 2 blocks to metro. NEW PRICE!

Last Agent to Sell the Property

Mandy Hursen

(202) 518-8781 mandy.hursen@rlahre.com RLAH @properties License #SP98363675 Listed on: 05/09/2018

RLAH @properties

Last Buyer's Agent

Andrew Eisel

(301) 208-2288 andrew.eisel@gmail.com Century 21 Redwood Realty License #576123

Century 21 Redwood Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Year Built

  • Built in 1964

HOA Fees

  • $427 Monthly HOA Fees

Parking

  • On-Site Parking for Rent

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living
  • Storage Room
  • Wood Flooring

Kitchen

  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Woodlin Elementary School
  • Sligo Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303772571

Community Details

Overview

  • Association fees include water, trash, snow removal, sewer, reserve funds, insurance, management, lawn maintenance, exterior building maintenance, custodial services maintenance
  • Mid-Rise Community
  • The Octave Community
  • Downtown Silver Spring Subdivision

Amenities

  • Concierge
  • Meeting Room
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Year Built

Built in 1964

HOA Fees

$427 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
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-05-10
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Living, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Kitchen, Laundry, Storage Room
  • Basement: No
  • Living Area Units: Square Feet
  • Above Grade Finished Area Units: Square Feet

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
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: On-Site - Rent

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • 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: 427.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Fitness Center, Meeting Room, Party Room, Security
  • HOA Condo Co-Op Fee Includes: Water, Trash, Snow Removal, Sewer, Reserve Funds, Insurance, Management, Lawn Maintenance, Ext Bldg Maint, Custodial Services Maintenance
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: WOODLIN
  • Middle Or Junior School: SLIGO

Lot Info

  • Improvement Assessed Value: 224000.00
  • Land Assessed Value: 96000.00
  • Property Condition: Very Good

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14125389
  • Assessor Parcel Number: 161303772571
  • County Tax Payment Frequency: Annually

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
May 9, 2018
Closed on
Oct 4, 2018
Sold by
Bowers Clint and Bowers Stephanie
Bought by
Seller's Agent
Mandy Hursen
RLAH @properties
Buyer's Agent
Andrew Eisel
Century 21 Redwood Realty
List Price
$425,000
Sold Price
$387,500
Premium/Discount to List
-$37,500
-8.82%
Current Estimated Value
$355,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,896
Avg. Annual Appreciation
-1.07%
Original Mortgage
$329,375
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2016
Sold by
1320 Residences Llc
Bought by
Bowers Clint and Bowers Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,650
Interest Rate
3.66%
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

  • Katie Bocock Real Estate Agent - Compass

    Katie Bocock

    Compass

    (301) 381-3207

    78 Total Sales

    1 in Downtown Silver Spring

    $380,000 Price

    Katie Bocock
     Section Image
  • Kevin Hughes Real Estate Agent - Compass

    Kevin Hughes

    Compass

    (667) 771-3884

    122 Total Sales

    2 in Downtown Silver Spring

    $258K - $540K Price Range

    Kevin Hughes
     Section Image
  • Joseph Obeid Real Estate Agent - Samson Properties

    Joseph Obeid

    Samson Properties

    (301) 939-0679

    113 Total Sales

    1 in Downtown Silver Spring

    $395,000 Price

    Joseph Obeid
     Section Image
  • Kim Kash Real Estate Agent - Compass

    Kim Kash

    Compass

    (301) 381-5182

    223 Total Sales

    1 in Downtown Silver Spring

    $362,500 Price

    Kim Kash
     Section Image
  • Luis Solano Real Estate Agent - Compass

    Luis Solano

    Responds Quickly

    Compass

    (240) 883-5815

    91 Total Sales

    2 in Downtown Silver Spring

    $251K - $268K Price Range

    Luis Solano
     Section Image
  • Dale Mattison Real Estate Agent - Long & Foster Real Estate, Inc.

    Dale Mattison

    Long & Foster Real Estate, Inc.

    (844) 203-2172

    74 Total Sales

    1 in Downtown Silver Spring

    $350,000 Price

    Dale Mattison
     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
$387,500 Hutton Patt Title & Escrow L
Bowers Clint $334,400 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 $325,000
Closed Storms Karen A $330,000
Closed Storms Karen A $329,375
Previous Owner Bowers Clint $317,650
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
10/04/2018 10/04/18 Sold $387,500 -5.5% $503 / Sq Ft
07/15/2018 07/15/18 Pending -- -- --
06/09/2018 06/09/18 Price Changed $409,900 -3.6% $532 / Sq Ft
05/09/2018 05/09/18 For Sale $425,000 -- $551 / 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 $3,574 $360,000 $108,000 $252,000
2024 $4,607 $390,000 $117,000 $273,000
2023 $3,898 $388,333 $0 $0
2022 $3,689 $386,667 $0 $0
2021 $7,332 $385,000 $115,500 $269,500
2020 $6,354 $363,333 $0 $0
2019 $3,177 $341,667 $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

  • Mandy Hursen Real Estate Agent - Real Living at Home

    Seller's Agent in 2018

    Mandy Hursen

    Real Living at Home

    (240) 476-9959

    1 in this area

    145 Total Sales

    Mandy Hursen
    Section Image
  • Andrew Eisel Real Estate Agent - Century 21 Redwood Realty

    Buyer's Agent in 2018

    Andrew Eisel

    Century 21 Redwood Realty

    (301) 437-9943

    6 Total Sales

    Andrew Eisel
    Section Image
See All Agents

About Octave 1320

Map

Source: Bright MLS

MLS Number: 1000671154

Bright MLS

APN: 13-03772571

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 400, Silver Spring, MD

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