Seller's Agent in 2020
Brian Cusick
Keller Williams Capital Properties
(202) 276-3413
90 Total Sales
Octave 1320 1320 Fenwick Ln Unit 503 Silver Spring, MD 20910
Downtown Silver Spring NeighborhoodEstimated Value: $241,693 - $281,000
1
Bed
1
Bath
483
Sq Ft
$348/mo
HOA Fee
Highlights
- Concierge
- Fitness Center
- Wood Flooring
- Woodlin Elementary School Rated A-
- Contemporary Architecture
- 4-minute walk to Woodside Urban Park
About This Home
As of November 2020Don't miss this meticulously maintained home in the heart of Silver Spring! This one bedroom one bath condo is just 5 years old with contemporary finishes like floor to ceiling windows, recessed lighting, hardwood floors, stainless steel appliances, quartz counters and contemporary cabinets. Sliding glass doors between living room and bedroom provide open concept living or added privacy when needed. Additional features include large closets and a full sized washer & dryer in the unit. Enjoy peaceful evenings on the private balcony or experience the vibrancy of urban living within a short walk to nearby downtown Silver Spring. Life at The Octave includes wonderful amenities like the "Sky Lounge" party room, Rooftop Deck with entertainment areas, Fitness Center/gym, Front Desk Concierge, Bike Room and storage room with dedicated areas for each homeowner. Pet's are welcomed!(2 pets/unit). The Octave is just minutes to Whole Foods, Metro, restaurants, shopping, theatres and more with a walking score of 96. Enjoy the Fillmore Theatre, AFI Silver Theatre & Cultural Center, retail stores or community center. Convenient parking next door at the County parking garage provides ample parking for guests and homeowners alike.
Last Agent to Sell the Property
(202) 276-3413 brian@cusickgroup.com Keller Williams Capital Properties License #SP98360407 Listed on: 09/29/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,704
Year Built
- Built in 2015
HOA Fees
- $348 Monthly HOA Fees
Home Design
- Contemporary Architecture
- Entry on the 5th floor
Interior Spaces
- 483 Sq Ft Home
- Property has 1 Level
- Wood Flooring
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Parking
- On-Street Parking
- Off-Site Parking
Utilities
- Central Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Energy-Efficient Windows
- Property is in excellent condition
Listing and Financial Details
- Assessor Parcel Number 161303772731
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, insurance, lawn maintenance, management, reserve funds, trash, water
- High-Rise Condominium
- The Octave Condos, Phone Number (301) 495-6636
- Downtown Silver Spring Subdivision
- Property Manager
Amenities
- Concierge
- Common Area
- Community Center
- Party Room
Recreation
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 29, 2020
Closed on
Nov 24, 2020
Sold by
Figueroa Magdaliz Alvarez
Bought by
Adolphine Dwayne
Seller's Agent
Brian Cusick
Keller Williams Capital Properties
Buyer's Agent
Leta Poskute
Spring Hill Real Estate, LLC.
List Price
$254,500
Sold Price
$250,000
Premium/Discount to List
-$4,500
-1.77%
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
$4,923
Avg. Annual Appreciation
0.39%
Original Mortgage
$255,750
Interest Rate
2.7%
Mortgage Type
VA
Purchase Details
Closed on
Aug 2, 2016
Sold by
1320 Residences Llc
Bought by
Alvarez Figueroa Magdaliz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
3.41%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adolphine Dwayne | $250,000 | Jdm Title Llc | |
| Alvarez Figueroa Magdaliz | $240,500 | Fidelity Natl Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Adolphine Dwayne | $255,750 | |
| Previous Owner | Alvarez Figueroa Magdaliz | $215,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/24/2020 11/24/20 | Sold | $250,000 | +0.2% | $518 / Sq Ft |
| 10/24/2020 10/24/20 | Pending | -- | -- | -- |
| 10/15/2020 10/15/20 | Price Changed | $249,500 | -2.0% | $517 / Sq Ft |
| 09/29/2020 09/29/20 | For Sale | $254,500 | -- | $527 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $2,844 | $243,333 | -- | -- |
| 2024 | $2,844 | $240,000 | $72,000 | $168,000 |
| 2023 | $3,537 | $240,000 | $72,000 | $168,000 |
| 2022 | $2,036 | $240,000 | $72,000 | $168,000 |
| 2021 | $2,314 | $265,000 | $79,500 | $185,500 |
| 2020 | $4,329 | $251,667 | $0 | $0 |
| 2019 | $2,013 | $238,333 | $0 | $0 |
| 2018 | $1,867 | $225,000 | $67,500 | $157,500 |
| 2017 | $2,645 | $225,000 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Cusick
-
Leta Poskute
Buyer's Agent in 2020
Leta Poskute
Spring Hill Real Estate, LLC.
(703) 624-7943
61 Total Sales
About Octave 1320
Map
Source: Bright MLS
MLS Number: MDMC727846
APN: 13-03772731
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