NOT LISTED FOR SALE

Estimated Value: $298,782

1 Bed
1 Bath
569 Sq Ft
2016 Built

Sale Details

Date Sold: December 14, 2018

Last sale price $265,000 $466 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,199 / mo

16 Days on Market

Highlights

  • Fitness Center
  • Open Floorplan
  • Wood Flooring
  • Woodlin Elementary School Rated A-
  • Contemporary Architecture
  • Upgraded Countertops

About This Home

As of December 2018

Come experience the great vibe @ The Octave! One of the largest 1 BR's in the newest contemporary bldg in downtown Silver Spring. Balcony w/view of green space. Wood floors, quartz counters, stainless appliances, central a/c, W&D. Unbeatable amenities: Fitness center, roof deck, rooftop lounge, bike storage, pet friendly & 2 blocks to metro. Garage pkg for rent. OPEN SUN 9/23 from 1-3 pm.

Last Agent to Sell the Property

Mandy Hursen

(202) 518-8781 mandy.hursen@rlahre.com RLAH @properties License #SP98363675 Listed on: 09/10/2018

RLAH @properties

Last Buyer's Agent

Vanessa Patterson

(202) 243-4200 dupont@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty

Berkshire Hathaway HomeServices PenFed Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,777

Year Built

  • Built in 2016

HOA Fees

  • $307 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 569 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Intercom

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Woodlin Elementary School
  • Sligo Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303772662

Community Details

Overview

  • Association fees include sewer, water, trash, snow removal, reserve funds, insurance, management
  • Mid-Rise Community
  • Octave Community
  • Downtown Silver Spring Subdivision

Amenities

  • Meeting Room
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,777

Year Built

Built in 2016

HOA Fees

$307 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: 2018-09-14
  • Federal Flood Zone: No
  • Year Built: 2016
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Combination Kitchen/Dining, Upgraded Countertops, Elevator, Window Treatments, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 569
  • Living Area Sq Ft: 569
  • Price Per Sq Ft: 456.94
  • Above Grade Finished Sq Ft: 569
  • 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
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Intercom, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 307.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Elevator, Fitness Center, Meeting Room, Party Room, Exercise Room, Security
  • HOA Condo Co-Op Fee Includes: Sewer, Water, Trash, Snow Removal, Reserve Funds, Insurance, Management
  • HOA Condo Co-Op Rules: Pets - Allowed
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: WOODLIN
  • Middle Or Junior School: SLIGO

Lot Info

  • Improvement Assessed Value: 168000.00
  • Land Assessed Value: 72000.00
  • Property Condition: Very Good
  • Zoning: UNKNOWN
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14125808
  • Tax Annual Amount: 2776.69
  • Assessor Parcel Number: 161303772662
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

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
Sep 10, 2018
Closed on
Dec 14, 2018
Sold by
Freeman Sharon Tylene
Bought by
Seller's Agent
Mandy Hursen
RLAH @properties
Buyer's Agent
Vanessa Patterson
Berkshire Hathaway HomeServices PenFed Realty
List Price
$260,000
Sold Price
$265,000
Premium/Discount to List
$5,000
1.92%
Current Estimated Value
$298,782

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,782
Avg. Annual Appreciation
1.56%
Original Mortgage
$254,670
Outstanding Balance
$219,949
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$78,833

Purchase Details

Closed on
Aug 18, 2016
Sold by
1320 Residences Llc
Bought by
Freeman Sharon Tylene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$265,000 Answer Title
Freeman Sharon Tylene $240,000 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 $254,670
Previous Owner Freeman Sharon Tylene $180,000
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
12/14/2018 12/14/18 Sold $265,000 +1.9% $466 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $260,000 0.0% $457 / Sq Ft
10/24/2016 10/24/16 Rented $1,600 -11.1% --
10/23/2016 10/23/16 Under Contract -- -- --
09/01/2016 09/01/16 For Rent $1,800 -- --
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 $2,457 $265,000 $79,500 $185,500
2024 $3,314 $280,000 $84,000 $196,000
2023 $2,623 $280,000 $84,000 $196,000
2022 $2,487 $280,000 $84,000 $196,000
2021 $2,483 $280,000 $84,000 $196,000
2020 $2,334 $266,667 $0 $0
2019 $2,182 $253,333 $0 $0
2018 $2,728 $240,000 $72,000 $168,000
2017 $2,817 $240,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002308198

Bright MLS

APN: 13-03772662

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