NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 405 Floor 4 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $248,378

1 Bed
1 Bath
460 Sq Ft
1964 Built

Highlights

  • Contemporary Architecture
  • Woodlin Elementary School Rated A-
  • Heat Pump System

About This Home

As of March 2022

Location is significant pro to this efficient, sleek unit in a Beautiful contemporary building in downtown Silver Spring (the Octave) The Octave boasts a great rooftop and amenities, party room, concierge, and more! Short walk to redline metro, many shops, and restaurants. Minutes drive from NW DC. City living at its finest! Parking garage for plenty of guests, adjacent to bldg. Don't miss out before this city living unit gets snatched up in the Spring market!

Last Agent to Rent the Property

Seth Haskins

(240) 497-0408 chrismann@remax.net REMAX Platinum Realty Brokerage Phone: 3018816398 Listed on: 02/07/2022

REMAX Platinum Realty

Last Renter's Agent

Ava Marvastian

(240) 497-1700 ava.marvastian@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1964

Parking

  • Off-Site Parking

Home Design

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

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,700
  • 12-Month Min and 36-Month Max Lease Term
  • Available 2/7/22
  • Assessor Parcel Number 161303772627

Community Details

Overview

  • Mid-Rise Community
  • The Octave Codm Community
  • Downtown Silver Spring Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Year Built

Built in 1964

Rental Info

  • Date Available: 2022-02-07
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 1700.00
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Washer Dryer Hookups YN: Yes
  • MLS Status: CLOSED-BRIGHT
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 4
  • Levels Count: 1
  • Room List: Bedroom 1, Bathroom 1
  • Basement: No
  • Total Sq Ft: 460
  • Living Area Sq Ft: 460
  • Price Per Sq Ft: 3.70
  • Above Grade Finished Sq Ft: 460
  • 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: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • 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

  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: CBD2

Tax Info

  • Assessor Parcel Number: 161303772627
  • Tax Data Updated: No

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

Closed on
Jul 29, 2016
Sold by
1320 Residences Llc
Bought by
Current Estimated Value
$248,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,655
Outstanding Balance
$165,308
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$83,070
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

  • Rukiyat Mann Real Estate Agent - Coldwell Banker Realty

    Rukiyat Mann

    Coldwell Banker Realty

    (855) 303-1738

    36 Total Sales

    2 in Downtown Silver Spring

    $335K - $535K Price Range

    Rukiyat Mann
     Section Image
  • Lindsay Clark Real Estate Agent - Compass

    Lindsay Clark

    Responds Quickly

    Compass

    (844) 329-0944

    102 Total Sales

    1 in Downtown Silver Spring

    $525,000 Price

    Lindsay Clark
     Section Image
  • Melissa Terzis Real Estate Agent - TTR Sotheby's International Realty

    Melissa Terzis

    TTR Sotheby's International Realty

    (844) 248-8910

    79 Total Sales

    1 in Downtown Silver Spring

    $425,000 Price

    Melissa Terzis
     Section Image
  • Louis J. Muscarella Real Estate Agent - Compass

    Louis J. Muscarella

    Compass

    (301) 433-7460

    53 Total Sales

    1 in Downtown Silver Spring

    $254,500 Price

    Louis J. Muscarella
     Section Image
  • Tyler Siperko Real Estate Agent - Compass

    Tyler Siperko

    Responds Quickly

    Compass

    (667) 213-6539

    154 Total Sales

    1 in Downtown Silver Spring

    $258,000 Price

    Tyler Siperko
     Section Image
  • Jay Barry Real Estate Agent - Compass

    Jay Barry

    Compass

    (855) 585-6524

    84 Total Sales

    1 in Downtown Silver Spring

    $279,900 Price

    Jay Barry
     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
$224,900 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 $213,655
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
03/06/2022 03/06/22 Rented $1,550 -8.8% --
03/05/2022 03/05/22 Off Market $1,700 -- --
02/07/2022 02/07/22 For Rent $1,700 +13.3% --
01/20/2019 01/20/19 Rented $1,500 0.0% --
12/07/2018 12/07/18 For Rent $1,500 0.0% --
12/01/2017 12/01/17 Rented $1,500 -3.2% --
11/17/2017 11/17/17 Under Contract -- -- --
10/04/2017 10/04/17 For Rent $1,550 -- --
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 $2,914 $245,000 $73,500 $171,500
2024 $3,021 $255,000 $76,500 $178,500
2023 $3,021 $255,000 $76,500 $178,500
2022 $2,055 $255,000 $76,500 $178,500
2021 $2,894 $255,000 $76,500 $178,500
2020 $2,234 $241,667 $0 $0
2019 $2,592 $228,333 $0 $0
2018 $2,446 $215,000 $64,500 $150,500
2017 $2,530 $215,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Seth Haskins Real Estate Agent - RE/MAX

    Landlord's Agent in 2022

    Seth Haskins

    RE/MAX

    (703) 675-7660

    1 in this area

    35 Total Sales

    Seth Haskins
    Section Image
  • Ava Marvastian Real Estate Agent - Long & Foster

    Tenant's Agent in 2022

    Ava Marvastian

    Long & Foster

    (301) 792-2484

    55 Total Sales

    Ava Marvastian
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2036568

Bright MLS

APN: 13-03772627

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 405, Silver Spring, MD

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