NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 402 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $386,000 - $409,000

2 Beds
2 Baths
850 Sq Ft
$833/ mo HOA Fee

Last Sold June 26, 2024

Last sale price $393,000 $462 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,339/month

102 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Woodlin Elementary School Rated A-
  • Scenic Views
  • 4-minute walk to Woodside Urban Park

About This Home

As of June 2024

Experience the Essence of Urban Luxury Living in the Heart of Silver Spring! Welcome to this exquisite 2-bedroom, 2-bathroom condominium, ideally positioned just moments from the Silver Spring Metro Station. Crafted in 2016, this exceptional home epitomizes modern elegance and ease. Step inside to be greeted by cascades of natural light pouring through expansive floor-to-ceiling windows, illuminating the chic interior with breathtaking western and southern vistas. The open-plan layout boasts sleek flooring, showcasing a gourmet kitchen adorned with quartz countertops and premium stainless steel appliances. Enjoy the convenience of an in-unit washer and dryer, effortlessly blending practicality with luxury. Additional storage space ensures clutter-free living. Indulge in a wealth of building amenities including a fitness center for your daily routine, a serene rooftop terrace offering panoramic views, secure bike storage, and an inviting sky lounge for mingling with neighbors. A dedicated concierge awaits your needs, while the elegant lobby with its cozy fireplace sets a welcoming tone. Plus, furry friends are embraced here. Monthly parking available in public garage. Nestled within walking distance of the Silver Spring Metro and the upcoming Purple Line station, this condo grants easy access to an array of dining, shopping, and cultural hotspots. From eclectic eateries to boutique shops, everything is within reach. Exciting additions like the Montgomery County Aquatic Center and Commas Food Hall further enrich your lifestyle. Rental parking options adjacent to the building cater to your convenience. Meticulously maintained and lightly lived in, this home exudes a like-new allure, awaiting its discerning new owner. Seize the opportunity to make this sophisticated condominium your urban sanctuary, where luxury, convenience, and excitement converge. Schedule your private tour today and discover the epitome of city living in Silver Spring!

Last Agent to Sell the Property

Bryan Kerrigan

(301) 658-6186 bryan.kerrigan@redfin.com Redfin Corp License #644396 Listed on: 02/15/2024

Redfin Corp

Last Buyer's Agent

Tafseer Ahmad

(855) 450-0442 dmvbroker@therealbrokerage.com Real Broker, LLC - Gaithersburg

Real Broker, LLC - Gaithersburg

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,105

Year Built

  • Built in 1964 | Remodeled in 2016

HOA Fees

  • $833 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 850 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Scenic Vista Views
  • Exterior Cameras

Kitchen

  • Gas Oven or Range
  • Stove
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Public Parking
  • On-Street Parking

Schools

  • Woodlin Elementary School
  • Sligo Middle School

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 161303772593

Community Details

Overview

  • Association fees include water, sewer, trash, snow removal, management, lawn maintenance
  • Mid-Rise Condominium
  • Built by PROMARK RE
  • The Octave Codm Community
  • Downtown Silver Spring Subdivision
  • Property Manager

Amenities

  • Concierge
  • Party Room

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,105

Year Built

Built in 1964 | Remodeled in 2016

Lot Details

0 Sq Ft Lot

HOA Fees

$833 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
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1964
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Oven - Single, Oven/Range - Gas, Refrigerator, Stove, Washer/Dryer Stacked, Water Heater
  • Entry Floor: 4
  • Interior Amenities: Combination Kitchen/Dining, Combination Kitchen/Living, Combination Dining/Living, Floor Plan - Open
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Has Laundry, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 850
  • Living Area Sq Ft: 850
  • Price Per Sq Ft: 434.12
  • Above Grade Finished Sq Ft: 850
  • 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, Stone, Combination
  • Road Surface Type: Paved
  • Spa: No
  • View: Scenic Vista
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

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: Exterior Cameras, Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 833.16
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Party Room, Storage Bin, Security, Exercise Room
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash, Snow Removal, Management, Lawn Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: WOODLIN
  • Middle Or Junior School: SLIGO

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Property Condition: Excellent
  • Zoning: PUBLIC RECORDS
  • In City Limits: No

Building Info

  • Builder Name: PROMARK RE

Rental Info

  • Lease Considered: No
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 6105.00
  • Assessor Parcel Number: 161303772593
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jun 25, 2024
Sold by
Scruggs Alyssa Dominique
Bought by
Bolters Cleopatra
Seller's Agent
Bryan Kerrigan
Redfin Corp
Buyer's Agent
Tafseer Ahmad
Real Broker, LLC - Gaithersburg
List Price
$405,000
Sold Price
$393,000
Premium/Discount to List
-$12,000
-2.96%
Views
309
Current Estimated Value
$390,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,694
Avg. Annual Appreciation
0.69%
Original Mortgage
$401,449
Outstanding Balance
$396,336
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
$1,382

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 25, 2018
Sold by
Brenneman Anthony B and Evans Jessica M
Bought by
Scruggs Alyssa Dominique
Seller's Agent
Mansour Abu-Rahmeh
TTR Sotheby's International Realty
Buyer's Agent
Elizabeth Kaiser
Compass
List Price
$399,900
Sold Price
$392,000
Premium/Discount to List
-$7,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%
Original Mortgage
$371,450
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2016
Sold by
1320 Residences Llc
Bought by
Cole Caroline Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,900
Interest Rate
3.47%

Purchase Details

Closed on
Jun 3, 2016
Sold by
1320 Residences Llc
Bought by
Brenneman Anthony B and Evans Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,400
Interest Rate
3.61%
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
Bolters Cleopatra $393,000 Title Resource Guaranty Compan
Bolters Cleopatra $393,000 Title Resource Guaranty Compan
Scruggs Alyssa Dominique $392,000 Kvs Title Llc
Cole Caroline Marie -- --
Brenneman Anthony B $369,900 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolters Cleopatra $401,449
Closed Bolters Cleopatra $401,449
Previous Owner Scruggs Alyssa Dominique $371,450
Previous Owner Cole Caroline Marie $254,900
Previous Owner Cole Caroline Marie --
Previous Owner Brenneman Anthony B $351,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2024 06/26/24 Sold $393,000 +6.5% $462 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/13/2024 05/13/24 Price Changed $369,000 -4.2% $434 / Sq Ft
04/12/2024 04/12/24 Price Changed $385,000 -2.5% $453 / Sq Ft
03/29/2024 03/29/24 Price Changed $395,000 -2.5% $465 / Sq Ft
02/15/2024 02/15/24 For Sale $405,000 +3.3% $476 / Sq Ft
06/25/2018 06/25/18 Sold $392,000 -2.0% $461 / Sq Ft View Prior Sale
06/01/2018 06/01/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $399,900 -- $470 / 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 $5,430 $430,000 $129,000 $301,000
2024 $5,430 $460,000 $138,000 $322,000
2023 $6,105 $458,333 $0 $0
2022 $4,479 $456,667 $0 $0
2021 $4,455 $455,000 $136,500 $318,500
2020 $4,099 $423,333 $0 $0
2019 $3,740 $391,667 $0 $0
2018 $3,391 $360,000 $108,000 $252,000
2017 $4,196 $360,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tafseer Ahmad

    Buyer's Agent in 2024

    Tafseer Ahmad

    Real Broker, LLC - Gaithersburg

    (202) 460-5236

    3 in this area

    56 Total Sales

    Tafseer Ahmad
    Section Image
  • Mansour Abu-Rahmeh

    Seller's Agent in 2018

    Mansour Abu-Rahmeh

    TTR Sotheby's International Realty

    (202) 423-8332

    1 in this area

    228 Total Sales

    Mansour Abu-Rahmeh
    Section Image
  • Karam Iqteit

    Seller Co-Listing Agent in 2018

    Karam Iqteit

    TTR Sotheby's International Realty

    (202) 360-3855

    91 Total Sales

    Karam Iqteit
    Section Image
  • Elizabeth Kaiser

    Buyer's Agent in 2018

    Elizabeth Kaiser

    Compass

    (202) 999-5162

    89 Total Sales

    Elizabeth Kaiser
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2120402

Bright MLS

APN: 13-03772593

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 402, Silver Spring, MD

Not Listed for Sale

Condos

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