NOT LISTED FOR SALE

Estimated Value: $371,000 - $402,000

2 Beds
2 Baths
804 Sq Ft
$767/ mo HOA Fee

Last Sold July 10, 2023

Last sale price $408,000 $507 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,175/month

20 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Party Room
  • Woodlin Elementary School Rated A-
  • Contemporary Architecture
  • 4-minute walk to Woodside Urban Park

About This Home

As of July 2023

Experience the best of city living in this beautiful 2 bedroom, 2 bath condo located in the heart of downtown Silver Spring. Enjoy the natural light and serene views provided by the floor-to-ceiling windows overlooking a peaceful corner street. This unit features stylish luxury vinyl floors, ceramic tile bathrooms, and sleek quartz countertops with stainless steel appliances. The primary bedroom includes a spacious walk-in closet, and an extra storage unit is included for your convenience.

Residents of this building can take advantage of amenities such as a gym room and rooftop sky lounge, while commuters will appreciate the less than 10 minute walk to the Red Line, Silver Spring MARC, and future Purple Line stations. With plenty of parking options nearby, you'll have easy access to a wide variety of restaurants, shopping, and entertainment, making this the perfect location for urban living. New Silver Spring Recreation and Aquatic Center will be opening in the fall within a three-minute walking distance. Don't miss out on this incredible opportunity!

Last Agent to Sell the Property

Howard Wang

(240) 258-8738 howardrealtyteam@gmail.com Howard Wang Realty License #661038 Listed on: 05/03/2023

Last Buyer's Agent

Duane Samuda

(301) 658-6186 duane.samuda@redfin.com Redfin Corp

Redfin Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,291

Year Built

  • Built in 2016

HOA Fees

  • $767 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 804 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Parking Lot
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps
  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 161303772582

Community Details

Overview

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

Amenities

  • Concierge
  • Common Area
  • Party Room

Recreation

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,291

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

HOA Fees

$767 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Level Entry - Main, No Stairs
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-05-03
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Entry Floor: 4
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 804
  • Living Area Sq Ft: 804
  • Price Per Sq Ft: 507.46
  • Above Grade Finished Sq Ft: 804
  • 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, Below Grade
  • Construction Materials: Combination
  • 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, Off Street, Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 767.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Common Grounds, Elevator, Exercise Room, Extra Storage, Fitness Center, Party Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Insurance, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Zoning: XX
  • In City Limits: No

Rental Info

  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4291.00
  • Assessor Parcel Number: 161303772582
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
Jun 30, 2023
Sold by
Lucas Nicholas C and Kern Lillian M
Bought by
Alexander Vonnordheim and Ketch Alicia L
Seller's Agent
Howard Wang
Howard Wang Realty
Buyer's Agent
Duane Samuda
Redfin Corp
List Price
$415,000
Sold Price
$408,000
Premium/Discount to List
-$7,000
-1.69%
Views
99
Current Estimated Value
$384,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,232
Avg. Annual Appreciation
-1.87%
Original Mortgage
$356,000
Outstanding Balance
$347,024
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$40,728

Purchase Details

Listed on
Jul 25, 2020
Closed on
Apr 8, 2021
Sold by
Yew Alvin G
Bought by
Lucas Nicholas C and Kern Lillian M
Seller's Agent
Meng Truong
Compass
Buyer's Agent
Charles Carp
Compass
List Price
$418,500
Sold Price
$400,000
Premium/Discount to List
-$18,500
-4.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$300,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2016
Sold by
1320 Residences Llc
Bought by
Yew Alvin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.57%
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

Date Buyer Sale Price Title Company
Alexander Vonnordheim $408,000 Title Forward
Alexander Vonnordheim $408,000 Title Forward
Lucas Nicholas C $400,000 Kvs Title Llc
Yew Alvin G $360,000 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Vonnordheim $356,000
Closed Alexander Vonnordheim $356,000
Previous Owner Lucas Nicholas C $300,000
Previous Owner Yew Alvin G $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2023 07/10/23 Sold $408,000 0.0% $507 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $408,000 -1.7% $507 / Sq Ft
05/03/2023 05/03/23 For Sale $415,000 +3.8% $516 / Sq Ft
04/09/2021 04/09/21 Sold $400,000 0.0% $498 / Sq Ft View Prior Sale
10/02/2020 10/02/20 Price Changed $399,999 -2.4% $498 / Sq Ft
08/09/2020 08/09/20 Price Changed $409,900 -2.1% $510 / Sq Ft
07/25/2020 07/25/20 For Sale $418,500 -- $521 / Sq Ft
Source: Bright MLS

Tax History

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 $4,607 $370,000 $111,000 $259,000
2024 $4,607 $390,000 $117,000 $273,000
2023 $1,925 $384,333 $0 $0
2022 $3,599 $378,667 $0 $0
2021 $3,531 $373,000 $111,900 $261,100
2020 $6,816 $362,000 $0 $0
2019 $3,282 $351,000 $0 $0
2018 $3,165 $340,000 $102,000 $238,000
2017 $3,966 $340,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2091274

Bright MLS

APN: 13-03772582

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