NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 404 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $253,928

1 Bed
1 Bath
478 Sq Ft
1964 Built

Sale Details

Date Sold: August 28, 2020

Last sale price $245,000 $513 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,966 / mo

52 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Contemporary Architecture
  • Woodlin Elementary School Rated A-
  • Open Floorplan
  • Combination Kitchen and Living

About This Home

As of August 2020

Welcome to this contemporary apartment at THE OCTAVE right in the heart of Silver Spring, MD! Moments from public transportation, major highways, shopping and entertainment! Features include, 1 bed 1 bath. Bright open space, with large windows leading you to the balcony for a view of the city! Kitchen includes stainless steel appliances, modern backsplash and gorgeous white counter tops. Both custom TV wall mount and curtains are included in the unit. Enjoy the community gym, lounge room, and exterior sky lounge. Great for entertaining guests! This spacious yet efficiently laid out flat is awaiting it's new owners!

Last Agent to Sell the Property

Alex Martinez

(202) 888-1127 alex@theagencydc.com The Agency DC License #BR98379367 Listed on: 06/09/2020

The Agency DC

Co-Listed By

Fredy Donado

(202) 888-1127 alex@theagencydc.com The Agency DC

Last Buyer's Agent

Jonathan Lahey

(888) 860-7369 md.broker@exprealty.net EXP Realty, LLC License #0225099090

EXP Realty, LLC

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,648

Year Built

  • Built in 1964

HOA Fees

  • $347 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 478 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Combination Kitchen and Living

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking
  • Rented or Permit Required

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Cooling Available
  • Heat Pump System
  • Programmable Thermostat
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303772616

Community Details

Overview

  • Association fees include common area maintenance, management, recreation facility, trash, snow removal, custodial services maintenance
  • Mid-Rise Community
  • Downtown Silver Spring Subdivision

Amenities

  • Concierge
  • Party Room

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,648

Year Built

Built in 1964

HOA Fees

$347 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: 2020-06-09
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Interior Amenities: Floor Plan - Open, Combination Kitchen/Living
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 478
  • Living Area Sq Ft: 478
  • Price Per Sq Ft: 522.80
  • Above Grade Finished Sq Ft: 478
  • 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
  • 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 Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Programmable Thermostat
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 347.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Fitness Center, Party Room, Exercise Room
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Recreation Facility, Trash, Snow Removal, Custodial Services Maintenance
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: XX
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14125095
  • Tax Annual Amount: 2648.00
  • Assessor Parcel Number: 161303772616
  • Tax Year: 2018

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
Jun 9, 2020
Closed on
Aug 17, 2020
Sold by
Lobo Jose Aziel Del and Lopez Jose
Bought by
Seller's Agent
Alex Martinez
The Agency DC
Buyer's Agent
Jonathan Lahey
EXP Realty, LLC
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$253,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,928
Avg. Annual Appreciation
0.59%
Original Mortgage
$162,961
Outstanding Balance
$140,619
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$113,309

Purchase Details

Closed on
Jul 6, 2016
Sold by
1320 Residences Llc
Bought by
Lopez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,400
Interest Rate
3.6%
Mortgage Type
VA
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

  • Suzanne Parmet Real Estate Agent - Compass

    Suzanne Parmet

    Compass

    (202) 902-8519

    84 Total Sales

    1 in Downtown Silver Spring

    $500,000 Price

    Suzanne Parmet
     Section Image
  • Karen Kennard Real Estate Agent - EXP Realty, LLC

    Karen Kennard

    EXP Realty, LLC

    (469) 599-4639

    47 Total Sales

    1 in Downtown Silver Spring

    $350,000 Price

    Karen Kennard
     Section Image
  • David Goldberg Real Estate Agent - Goldberg Group Real Estate

    David Goldberg

    Goldberg Group Real Estate

    (202) 791-4607

    108 Total Sales

    1 in Downtown Silver Spring

    $334,000 Price

    David Goldberg
     Section Image
  • Russell Carter Real Estate Agent - Keller Williams Capital Properties

    Russell Carter

    Keller Williams Capital Properties

    (202) 856-9138

    182 Total Sales

    2 in Downtown Silver Spring

    $315K - $540K Price Range

    Russell Carter
     Section Image
  • John Peters Real Estate Agent - Compass

    John Peters

    Compass

    (877) 813-1859

    60 Total Sales

    1 in Downtown Silver Spring

    $315,000 Price

    John Peters
     Section Image
  • Brenda Mejia Real Estate Agent - Compass

    Brenda Mejia

    Compass

    (202) 929-2270

    76 Total Sales

    2 in Downtown Silver Spring

    $345K - $363K Price Range

    Brenda Mejia
     Section Image
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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
$245,000 Cla Title & Escrow
Lopez Jose $227,400 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 $162,961
Previous Owner Lopez Jose $227,400
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
08/28/2020 08/28/20 Sold $245,000 -2.0% $513 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $249,900 -- $523 / 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 $2,222 $245,000 $73,500 $171,500
2024 $2,903 $245,000 $73,500 $171,500
2023 $2,212 $245,000 $73,500 $171,500
2022 $22 $245,000 $73,500 $171,500
2021 $2,258 $260,000 $78,000 $182,000
2020 $2,108 $246,667 $0 $0
2019 $1,956 $233,333 $0 $0
2018 $1,810 $220,000 $66,000 $154,000
2017 $2,588 $220,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Martinez Real Estate Agent - The Agency DC

    Seller's Agent in 2020

    Alex Martinez

    The Agency DC

    (240) 286-4187

    2 in this area

    867 Total Sales

    Alex Martinez
    Section Image
  • Fredy Donado Real Estate Agent - The Agency DC

    Seller Co-Listing Agent in 2020

    Fredy Donado

    The Agency DC

    (240) 600-5944

    114 Total Sales

    Fredy Donado
    Section Image
  • Jonathan Lahey Real Estate Agent - EXP Realty, LLC

    Buyer's Agent in 2020

    Jonathan Lahey

    EXP Realty, LLC

    (301) 651-4900

    2 in this area

    725 Total Sales

    Jonathan Lahey
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC710780

Bright MLS

APN: 13-03772616

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 404, Silver Spring, MD

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