Katri Hunter
Compass
(650) 844-0688
252 Total Sales
1 in Downtown Silver Spring
$352,000 Price
Octave 1320 1320 Fenwick Ln Unit 408 Floor 1 Silver Spring, MD 20910
Downtown Silver Spring NeighborhoodEstimated Value: $343,207 - $375,000
2
Beds
2
Baths
744
Sq Ft
2016
Built
Highlights
- Concierge
- Fitness Center
- Contemporary Architecture
- Woodlin Elementary School Rated A-
- Open Floorplan
- Wood Flooring
About This Home
As of July 2023Price improvement! You'll love living in this modern, pet-friendly building, just steps from the Silver Spring Metro. This contemporary unit features a balcony, quartz countertops, wood floors, and a full size washer & dryer. Floor to ceiling windows let in tons of natural light,
The second bedroom comes with a Murphy bed already installed, making it a perfect home office/guest room combo. Ample closet space plus an on-site storage cage means you won’t run out of space.
The many amenities at The Octave include a front desk staff, club room, fitness room, sky lounge, roof terrace, and bike storage room. Parking can be rented for $110/month on site, or in the county garage next door for $132/month. SELLER WILL PAY FOR ONE YEAR OF ON-SITE PARKING, subject to availability. All of the fun and convenience of downtown Silver Spring, including groceries, restaurants, nightlife, entertainment, and shopping are only a few blocks away!
Last Agent to Sell the Property
(301) 298-1001 brenda.mejia@compass.com Compass License #667722 Listed on: 04/20/2023
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Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,287
Year Built
- Built in 2016
Lot Details
- North Facing Home
- Property is in very good condition
HOA Fees
- $692 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Entry on the 4th floor
- Brick Exterior Construction
- Cool or White Roof
- Aluminum Siding
- Stone Siding
Interior Spaces
- 744 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Ceiling height of 9 feet or more
- Sliding Doors
- Combination Kitchen and Dining Room
- Exterior Cameras
Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Front Loading Dryer
- Front Loading Washer
Parking
- On-Site Parking for Rent
- On-Street Parking
Accessible Home Design
- Accessible Elevator Installed
- Doors are 32 inches wide or more
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
- Energy-Efficient Lighting
Outdoor Features
Schools
- Woodlin Elementary School
- Sligo Middle School
- Albert Einstein High School
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 161303772651
Community Details
Overview
- Association fees include water, sewer, trash, snow removal, management, lawn maintenance
- 102 Units
- Mid-Rise Community
- The Octave Condos
- Built by PROMARK RE
- The Octave Codm Community
- Downtown Silver Spring Subdivision
Amenities
- Concierge
- Party Room
- 2 Elevators
Recreation
Pet Policy
- Dogs and Cats Allowed
Security
- Security Service
- Front Desk in Lobby
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
Apr 20, 2023
Closed on
Jul 11, 2023
Sold by
Bought by
Seller's Agent
Brenda Mejia
Compass
Buyer's Agent
Gail Carter
Maven Realty, LLC
List Price
$375,000
Sold Price
$363,000
Premium/Discount to List
-$12,000
-3.2%
Views
225
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,198
Avg. Annual Appreciation
-0.37%
Original Mortgage
$352,110
Interest Rate
6.78%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
3.61%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Silver Spring, MD
-
Katri Hunter
-
Gary Walker
Gary Walker
RE/MAX Realty Services
(202) 813-1967
31 Total Sales
1 in Downtown Silver Spring
$290,000 Price
-
Eddie Suarez
Eddie Suarez
TTR Sotheby's International Realty
(202) 929-2620
81 Total Sales
1 in Downtown Silver Spring
$240,000 Price
-
Teresa Burton
Teresa Burton
Compass
(240) 641-7447
108 Total Sales
1 in Downtown Silver Spring
$415,000 Price
-
Troy Patterson
Troy Patterson
TTR Sotheby's International Realty
(202) 952-4507
68 Total Sales
1 in Downtown Silver Spring
$290,000 Price
-
Suzanne Parmet
Suzanne Parmet
Compass
(202) 902-8519
86 Total Sales
1 in Downtown Silver Spring
$500,000 Price
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 |
|---|---|---|---|
| $363,000 | Wfg National Title Insurance C | ||
| $319,900 | Attorney |
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 |
|---|---|---|---|
| Previous Owner | $352,110 | ||
| Previous Owner | $310,000 |
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 |
|---|---|---|---|---|
| 07/14/2023 07/14/23 | Sold | $363,000 | -0.5% | $488 / Sq Ft |
| 05/31/2023 05/31/23 | Price Changed | $365,000 | -2.7% | $491 / Sq Ft |
| 04/20/2023 04/20/23 | For Sale | $375,000 | 0.0% | $504 / Sq Ft |
| 03/08/2021 03/08/21 | Rented | $1,900 | 0.0% | -- |
| 02/12/2021 02/12/21 | Price Changed | $1,900 | -2.6% | $3 / Sq Ft |
| 02/02/2021 02/02/21 | Price Changed | $1,950 | -2.5% | $3 / Sq Ft |
| 01/05/2021 01/05/21 | Price Changed | $2,000 | -7.0% | $3 / Sq Ft |
| 12/23/2020 12/23/20 | Price Changed | $2,150 | -4.4% | $3 / Sq Ft |
| 12/08/2020 12/08/20 | Price Changed | $2,250 | -2.2% | $3 / Sq Ft |
| 12/04/2020 12/04/20 | For Rent | $2,300 | +21.1% | -- |
| 01/17/2020 01/17/20 | Rented | $1,900 | +5.6% | -- |
| 11/21/2019 11/21/19 | Price Changed | $1,800 | -8.9% | $2 / Sq Ft |
| 09/27/2019 09/27/19 | Price Changed | $1,975 | -6.0% | $3 / Sq Ft |
| 08/29/2019 08/29/19 | For Rent | $2,100 | -- | -- |
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 | $4,548 | $385,000 | $115,500 | $269,500 |
| 2023 | $2,256 | $381,667 | $0 | $0 |
| 2022 | $3,049 | $378,333 | $0 | $0 |
| 2021 | $4,245 | $375,000 | $112,500 | $262,500 |
| 2020 | $2,046 | $353,333 | $0 | $0 |
| 2019 | $3,064 | $331,667 | $0 | $0 |
| 2018 | $1,823 | $310,000 | $93,000 | $217,000 |
| 2017 | $3,622 | $310,000 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brenda Mejia
Seller's Agent in 2023
Brenda Mejia
Compass
(202) 746-2714
2 in this area
77 Total Sales
-
Gail Carter
Buyer's Agent in 2023
Gail Carter
Maven Realty, LLC
(202) 213-0101
1 in this area
26 Total Sales
-
Andrea Alderdice
Buyer's Agent in 2021
Andrea Alderdice
Long & Foster
(301) 466-5898
15 in this area
90 Total Sales
-
Vijay Anand
Seller's Agent in 2020
Vijay Anand
Coldwell Banker Realty
(202) 818-0307
71 Total Sales
-
Simone Velvel
Buyer's Agent in 2020
Simone Velvel
Real Broker, LLC
(703) 507-7614
1 in this area
54 Total Sales
About Octave 1320
Map
Source: Bright MLS
MLS Number: MDMC2089580
APN: 13-03772651
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