NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 504 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $245,577 - $352,000

1 Bed
1 Bath
478 Sq Ft
2016 Built

Highlights

  • Concierge
  • Fitness Center
  • Clubhouse
  • Woodlin Elementary School Rated A-
  • Open Floorplan
  • 4-minute walk to Woodside Urban Park

About This Home

As of December 2017

Gorgeous unit with in-unit washer/dryer, private balcony & storage. Bldg has a gym & roof-top lounge. Lots parking at Montgomery County Public Parking next door. Metro 4 minutes away by foot & the circulator stops a few yards away from building. Downtown Silver Spring is 10 minutes away. Trails, grocery stores, breweries, beer/wines, convenience stores, nightlife, coffee shops are all around.

Last Agent to Rent the Property

Toni Ghazi

(571) 216-1075 toni.ghazi@compass.com Compass Listed on: 11/04/2017

Compass

Last Renter's Agent

Toni Ghazi

(571) 216-1075 toni.ghazi@compass.com Compass Listed on: 11/04/2017

Compass

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2016

Home Design

  • Contemporary Architecture
  • Metal Siding

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Schools

  • Woodlin Elementary School
  • Sligo Middle School
  • Albert Einstein High School

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,650
  • Tenant pays for all utilities
  • Rent includes water, sewer
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 12/1/17
  • $45 Application Fee
  • Assessor Parcel Number 161303772742

Community Details

Overview

  • Property has a Home Owners Association
  • Mid-Rise Condominium
  • Octave 1320 Community
  • Downtown Silver Spring Subdivision

Amenities

  • Concierge
  • Elevator

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Size Limit

Condo Details

Home Type

Condominium

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Date Available: 2017-12-01
  • Application Fee: 45.00
  • Lease Term: 12 Months
  • Pets: Case By Case Basis, Size/Weight Restriction
  • Pets Allowed: Yes
  • Rent Includes: Water, Sewer
  • Security Deposit: 1650.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 12
  • Min Lease in Months: 12

Listing Details

  • 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: 2016
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Combination Kitchen/Dining, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Floors 2-5
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 478
  • Living Area Sq Ft: 478
  • Price Per Sq Ft: 3.24
  • 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
  • Construction Materials: Metal Siding
  • Pool Private: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Energy Star Cooling System
  • Cooling: Yes
  • Heating Fuel: Electric
  • Heating Type: Energy Star Heating System
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • HOA Condo Co-Op Amenities: Club House, Concierge, Elevator, Exercise Room, Fitness Center
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School: WOODLIN
  • High School: ALBERT EINSTEIN
  • Middle Or Junior School: SLIGO

Lot Info

  • Property Attached Yn: Yes

Tax Info

  • Assessor Parcel Number: 14124979
  • Assessor Parcel Number: 161303772742

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2016
Sold by
1320 Residences Llc
Bought by
Ntuk Avril
Current Estimated Value
$276,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,654
Outstanding Balance
$187,456
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$88,688
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ntuk Avril $236,947 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ntuk Avril $232,654
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2017 12/17/17 Rented $1,550 -3.1% --
11/28/2017 11/28/17 Under Contract -- -- --
11/04/2017 11/04/17 For Rent $1,600 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

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 $3,138 $250,000 $75,000 $175,000
2024 $3,138 $265,000 $79,500 $185,500
2023 $3,139 $265,000 $79,500 $185,500
2022 $2,136 $265,000 $79,500 $185,500
2021 $2,314 $265,000 $79,500 $185,500
2020 $2,856 $251,667 $0 $0
2019 $2,705 $238,333 $0 $0
2018 $2,559 $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

  • Toni Ghazi

    Landlord's Agent in 2017

    Toni Ghazi

    Compass

    (571) 216-1075

    176 Total Sales

    Toni Ghazi
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About Octave 1320

Map

Source: Bright MLS

MLS Number: 1004105365

Bright MLS

APN: 13-03772742

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 504, Silver Spring, MD

Not Listed for Sale

Condos

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