NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 506 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $253,768

1 Bed
1 Bath
460 Sq Ft
2015 Built

Sale Details

Date Sold: August 11, 2020

Last sale price $250,000 $543 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,968 / mo

8 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Main Floor Bedroom
  • Woodlin Elementary School Rated A-
  • Open Floorplan
  • Meeting Room

About This Home

As of August 2020

Available 4 July! Immaculately kept, this unit in The Octave boasts today's most popular design choices. Enjoy white countertops and cool blue cabinetry with on-trend brushed nickel bar pulls in the kitchen and bathroom, plus like-new stainless steel kitchen appliances. Open or close the versatile sliding doors to the bedroom, affording privacy or open space in an instant. The bathroom is accessible from the main living area or the bedroom. This unit is equipped with ceiling cooling and heating, serviced annually by building maintenance, and fed by central water which means no clunky systems to clean, maintain, or listen to. Even better, the in-unit private washer/dryer are included. This unit's southwest facing balcony overlooks open space and brings in great natural light. Community spaces include an expansive roof deck and top floor lounge area, a well-appointed fitness center, front desk concierge, and a private storage unit. Lastly...1320 Fenwick is only 500 feet to Silver Spring Metro Station! Same-day appointments available. Make this your new home today!

Last Agent to Sell the Property

Christine Gray

(703) 441-7994 mworrilow@fathomrealty.com Fathom Realty Listed on: 07/04/2020

Fathom Realty

Last Buyer's Agent

Leslie Shafer

(202) 430-6337 leslie@omniareal.com Omnia Real Estate LLC License #0225204786

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 2015

HOA Fees

  • $334 Monthly HOA Fees

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 460 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Recessed Lighting
  • Window Treatments

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • En-Suite Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 03772764

Community Details

Overview

  • Association fees include common area maintenance, custodial services maintenance, exterior building maintenance, management, snow removal, trash, recreation facility
  • Mid-Rise Community
  • Downtown Silver Spring Subdivision

Amenities

  • Concierge
  • Meeting Room
  • Party Room
  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,800

Year Built

Built in 2015

HOA Fees

$334 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: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2020-07-04
  • Year Built: 2015
  • Year Renovated: 2015
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 5
  • Interior Amenities: Entry Level Bedroom, Elevator, Floor Plan - Open, Primary Bath(s), Recessed Lighting, Window Treatments
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit, Main Floor
  • Total Sq Ft: 460
  • Living Area Sq Ft: 460
  • Price Per Sq Ft: 543.48
  • 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
  • Construction Materials: Mixed
  • 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: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 333.91
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Extra Storage, Exercise Room, Fitness Center, Meeting Room, Party Room, Elevator, Concierge
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Ext Bldg Maint, Management, Snow Removal, Trash, Recreation Facility
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Vacation Rental: No
  • Rent Spree Online Application: No

Tax Info

  • Tax Annual Amount: 2800.08
  • Assessor Parcel Number: 03772764
  • Tax Year: 2020

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
Jul 4, 2020
Closed on
Aug 11, 2020
Sold by
Byerley Margaret and Byerley Dave
Bought by
Seller's Agent
Christine Gray
Fathom Realty
Buyer's Agent
Leslie Shafer
Omnia Real Estate LLC
List Price
$249,999
Sold Price
$250,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$253,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,768
Avg. Annual Appreciation
0.24%
Original Mortgage
$242,500
Outstanding Balance
$209,755
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$44,013

Purchase Details

Closed on
Jun 3, 2016
Sold by
1320 Residences Llc
Bought by
Byerley Margaret and Byerley David
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

  • Jonathan Lahey Real Estate Agent - EXP Realty, LLC

    Jonathan Lahey

    EXP Realty, LLC

    (301) 778-2966

    722 Total Sales

    2 in Downtown Silver Spring

    $263K - $472K Price Range

    Jonathan Lahey
     Section Image
  • Katri Hunter Real Estate Agent - Compass

    Katri Hunter

    Compass

    (650) 844-0688

    251 Total Sales

    1 in Downtown Silver Spring

    $352,000 Price

    Katri Hunter
     Section Image
  • Gary Walker Real Estate Agent - RE/MAX Realty Services

    Gary Walker

    RE/MAX Realty Services

    (202) 813-1967

    30 Total Sales

    1 in Downtown Silver Spring

    $290,000 Price

    Gary Walker
     Section Image
  • Eddie Suarez Real Estate Agent - TTR Sotheby's International Realty

    Eddie Suarez

    TTR Sotheby's International Realty

    (202) 929-2620

    78 Total Sales

    1 in Downtown Silver Spring

    $240,000 Price

    Eddie Suarez
     Section Image
  • Troy Patterson Real Estate Agent - TTR Sotheby's International Realty

    Troy Patterson

    Responds Quickly

    TTR Sotheby's International Realty

    (202) 952-4507

    68 Total Sales

    1 in Downtown Silver Spring

    $290,000 Price

    Troy Patterson
     Section Image
  • Suzanne Parmet Real Estate Agent - Compass

    Suzanne Parmet

    Compass

    (202) 902-8519

    84 Total Sales

    1 in Downtown Silver Spring

    $500,000 Price

    Suzanne Parmet
     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
$250,000 Aspen Re Setmnts Inc
Byerley Margaret -- 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
Open $242,500
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
08/11/2020 08/11/20 Sold $250,000 0.0% $543 / Sq Ft
07/13/2020 07/13/20 Pending -- -- --
07/04/2020 07/04/20 For Sale $249,999 -- $543 / Sq Ft
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 $2,281 $250,000 $75,000 $175,000
2024 $2,962 $250,000 $75,000 $175,000
2023 $2,271 $250,000 $75,000 $175,000
2022 $2,148 $250,000 $75,000 $175,000
2021 $2,258 $260,000 $78,000 $182,000
2020 $2,800 $246,667 $0 $0
2019 $2,648 $233,333 $0 $0
2018 $2,502 $220,000 $66,000 $154,000
2017 $2,588 $220,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christine Gray Real Estate Agent - Fathom Realty

    Seller's Agent in 2020

    Christine Gray

    Fathom Realty

    (603) 505-6077

    43 Total Sales

    Christine Gray
    Section Image
  • Leslie Shafer Real Estate Agent - Omnia Real Estate LLC

    Buyer's Agent in 2020

    Leslie Shafer

    Omnia Real Estate LLC

    (240) 603-8035

    1 in this area

    95 Total Sales

    Leslie Shafer
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC714674

Bright MLS

APN: 13-03772764

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 506, Silver Spring, MD

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