NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 509 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $256,000 - $275,000

1 Bed
1 Bath
569 Sq Ft
$423/mo HOA Fee

Last Sold May 31, 2022

Last sale price $252,500 $444 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,162/month

35 Days on Market

Highlights

  • Concierge
  • Bar or Lounge
  • Contemporary Architecture
  • Woodlin Elementary School Rated A-
  • Fitness Center
  • 4-minute walk to Woodside Urban Park

About This Home

As of May 2022

Beautiful modern one bedroom condo in the heart of downtown Silver Spring. Natural light floods into the bright and open living space. Unique sliding doors enclose the nice sized bedroom with lots of closet space. In-unit Washer and Dryer and a private Balcony. Quartz countertops, custom cabinetry, pantry closet and stainless steel appliances including gas cooking in the Kitchen. Large bathroom with LED mirror lighting and standing shower. Walk to the Metro or take a few steps outside the building to several bus stops. Walk to the mall, shops, dining, theaters, and The Filmore concert hall. Easy street parking and monthly parking rates available in the parking lot or Cameron St parking garage right next door. Enjoy what the building has to offer by visiting the Skylounge to relax or see the view from the rooftop and more including an inviting lobby, a gym, bicycle room, and storage room. A storage unit is included. The building is pet friendly and has a concierge at the front desk. One of the largest one bedroom end units!

Last Agent to Sell the Property

Shirley Yousefie

EXP Realty, LLC Listed on: 03/15/2022

EXP Realty, LLC

Last Buyer's Agent

William Carranza

Samson Properties License #5007550

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,668

Year Built

  • Built in 1964

HOA Fees

  • $423 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 569 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Parking Lot

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 161303772797

Community Details

Overview

  • Association fees include common area maintenance, management, trash, water
  • Mid-Rise Condominium
  • The Octave Codm Community
  • Downtown Silver Spring Subdivision

Amenities

  • Concierge
  • Picnic Area
  • Party Room
  • Bar or Lounge

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,668

Year Built

Built in 1964

Lot Details

0

HOA Fees

$423 per month

Listing Details

  • 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: 2022-03-16
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful modern one bedroom condo in the heart of downtown Silver Spring. Natural light floods into the bright and open living space. Unique sliding doors enclose the nice sized bedroom with lots of closet space. In-unit Washer and Dryer and a private Balcony. Quartz countertops, custom cabinetry, pantry closet and stainless steel appliances including gas cooking in the Kitchen. Large bathroom with LED mirror lighting and standing shower. Walk to the Metro or take a few steps outside the building to several bus stops. Walk to the mall, shops, dining, theaters, and The Filmore concert hall. Easy street parking and monthly parking rates available in the parking lot or Cameron St parking garage right next door. Enjoy what the building has to offer by visiting the Skylounge to relax or see the view from the rooftop and more including an inviting lobby, a gym, bicycle room, and storage room. A storage unit is included. The building is pet friendly and has a concierge at the front desk. One of the largest one bedroom end units!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 5
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 569
  • Living Area Sq Ft: 569
  • Price Per Sq Ft: 465.73
  • Above Grade Finished Sq Ft: 569
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1320

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, Below Grade
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street, Parking Lot

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 423.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Bar/Lounge, Concierge, Elevator, Extra Storage, Fitness Center, Party Room, Picnic Area, Security
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Management, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 203000.00
  • Land Assessed Value: 87000.00
  • Land Use Code: U
  • Year Assessed: 2022
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

  • Pets: Dogs Ok, Cats Ok, Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14125962
  • Tax Annual Amount: 2668.00
  • Assessor Parcel Number: 161303772797
  • Tax Total Finished Sq Ft: 569
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 05/31/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2022
Closed on
May 31, 2022
Sold by
Yousefie Holdings Llc
Bought by
Thomas Lucia Martina
Seller's Agent
Shirley Yousefie
EXP Realty, LLC
Buyer's Agent
William Carranza
Samson Properties
List Price
$265,000
Sold Price
$252,500
Premium/Discount to List
-$12,500
-4.72%
Current Estimated Value
$268,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,324
Avg. Annual Appreciation
1.02%

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 28, 2018
Sold by
Bleecher Tonia
Bought by
Yousefi Holdings Llc
Seller's Agent
Alyssa Crilley
Washington Fine Properties
Buyer's Agent
Vijay Patel
Allison James Estates & Homes
List Price
$265,000
Sold Price
$255,000
Premium/Discount to List
-$10,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.27%
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2017
Sold by
1320 Residences Llc
Bought by
Bleecher Tonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,750
Interest Rate
4.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Thomas Lucia Martina $252,500 Firm Title
Yousefi Holdings Llc $255,000 Title 1 Llc
Bleecher Tonia $237,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yousefi Holdings Llc $250,000
Previous Owner Bleecher Tonia $177,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2022 05/31/22 Sold $252,500 -4.7% $444 / Sq Ft
04/19/2022 04/19/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $265,000 +3.9% $466 / Sq Ft
09/28/2018 09/28/18 Sold $255,000 -3.8% $448 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $265,000 -- $466 / Sq Ft
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 $3,432 $275,000 $82,500 $192,500
2024 $3,432 $290,000 $87,000 $203,000
2023 $2,525 $271,667 $0 $0
2022 $2,878 $253,333 $0 $0
2021 $0 $235,000 $70,500 $164,500
2020 $2,669 $235,000 $70,500 $164,500
2019 $2,667 $235,000 $70,500 $164,500
2018 $2,841 $250,000 $75,000 $175,000
2017 $2,932 $250,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shirley Yousefie

    Seller's Agent in 2022

    Shirley Yousefie

    EXP Realty, LLC

    (240) 440-7553

    1 in this area

    15 Total Sales

    Shirley Yousefie
    Section Image
  • William Carranza

    Buyer's Agent in 2022

    William Carranza

    Samson Properties

    (240) 310-4699

    1 in this area

    63 Total Sales

    William Carranza
    Section Image
  • Alyssa Crilley

    Seller's Agent in 2018

    Alyssa Crilley

    Washington Fine Properties

    (301) 325-0079

    74 Total Sales

    Alyssa Crilley
    Section Image

  • V

    Buyer's Agent in 2018

    Vijay Patel

    Allison James Estates & Homes

    (301) 748-3290

    25 Total Sales

    Vijay Patel
    Section Image
See All Agents

About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2041798

Bright MLS

APN: 13-03772797

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 509, Silver Spring, MD

This home is located at 1320 Fenwick Ln Unit 509, Silver Spring, MD 20910 since 15 March 2022 and is currently estimated at $268,824, approximately $472 per square foot. This property was built in 1964. 1320 Fenwick Ln Unit 509 is a home located in Montgomery County with nearby schools including Woodlin Elementary School, Sligo Middle School, and Albert Einstein High School.

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