NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 603 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $244,000 - $281,000

1 Bed
1 Bath
483 Sq Ft
$357/mo HOA Fee

Last Sold May 10, 2021

Last sale price $260,000 $538 Per Sq Ft

Current estimated payment $1,969/month

56 Days on Market

Highlights

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

About This Home

As of May 2021

One of the best appointed units in the building! City living at its finest is found in Silver Spring, ideally situated just blocks to the Silver Spring Metro Station. Built in 2016, this home features engineered hardwood flooring throughout, quartz countertops, EXTENSIVE CUSTOM CLOSET SYSTEMS for maximum storage space, and balcony with western exposure for beautiful sunsets. The many building amenities include a fitness room, roof terrace, bike storage room, sky lounge, concierge and sophisticated lobby with fireplace. Stroll down to the Starbucks for a cup of coffee or stop by one of the many local restaurants, music venues, and farmer market. You will love the convenience of transportation, shopping and dining all right outside your front door. Storage unit included and pet friendly!

Last Agent to Sell the Property

Andrea Alderdice

(301) 466-5898 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 02/12/2021

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Tiffany Henkel

(703) 989-7452 Tiffany@propertiesonthepotomac.com Properties on the Potomac, INC License #0225074629

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,817

Year Built

  • Built in 2016

HOA Fees

  • $357 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 6th floor
  • Brick Exterior Construction
  • Cool or White Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 483 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Built-In Features
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Exterior Cameras

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Parking

  • Off-Site Parking
  • Rented or Permit Required

Accessible Home Design

  • Accessible Elevator Installed
  • Doors with lever handles
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Utilities

  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303772866

Community Details

Overview

  • Association fees include water, sewer, trash, snow removal, management, exterior building maintenance
  • Mid-Rise Condominium
  • Downtown Silver Spring Subdivision
  • Property Manager

Amenities

  • Concierge
  • Party Room

Recreation

Pet Policy

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

Security

  • Front Desk in Lobby
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,817

Year Built

Built in 2016

Lot Details

0

HOA Fees

$357 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, Doors - Lever Handle(s), Level Entry - Main, 32"+ Wide Doors
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Storage Included In ListPrice, Storage Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading
  • Entry Floor: 6
  • Flooring Type: Wood
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Wood Floors, Floor Plan - Open, Built-Ins
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 483
  • Living Area Sq Ft: 483
  • Price Per Sq Ft: 538.10
  • Above Grade Finished Sq Ft: 483
  • 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, Below Grade
  • Construction Materials: Brick, Aluminum Siding, Stone
  • Roof: Cool/White
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required
  • Type Of Parking: Off Site

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Fire Detection System, Main Entrance Lock, Sprinkler System - Indoor, Smoke Detector, Carbon Monoxide Detector(s), Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 357.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Extra Storage, Party Room
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash, Snow Removal, Management, Ext Bldg Maint
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Efficiency: Hvac, Lighting, Appliances
  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 192500.00
  • Land Assessed Value: 82500.00
  • Outdoor Living Structures: Balcony, Roof
  • Property Condition: Very Good
  • Zoning: CR-5.0 C-4.0 R-4.75 H-14
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: Number Limit, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14125699
  • Tax Annual Amount: 2817.00
  • Assessor Parcel Number: 161303772866
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 10, 2021
Sold by
Weiss Elayne Brooke
Bought by
Ames Mark Gregory
Seller's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
Buyer's Agent
Tiffany Henkel
Properties on the Potomac, INC
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$259,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$859
Avg. Annual Appreciation
-0.07%
Original Mortgage
$208,000
Outstanding Balance
$157,178
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$101,963

Purchase Details

Closed on
Sep 29, 2016
Sold by
1320 Residendes Llc
Bought by
Weiss Elayne Brook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.46%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ames Mark Gregory $260,000 Gpn Title Inc
Weiss Elayne Brook $247,900 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ames Mark Gregory $208,000
Previous Owner Weiss Elayne Brook $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $260,000 0.0% $538 / Sq Ft
04/09/2021 04/09/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $259,900 -- $538 / 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 $2,962 $253,333 -- --
2024 $2,962 $250,000 $75,000 $175,000
2023 $3,655 $250,000 $75,000 $175,000
2022 $2,148 $250,000 $75,000 $175,000
2021 $2,427 $275,000 $82,500 $192,500
2020 $4,554 $261,667 $0 $0
2019 $2,125 $248,333 $0 $0
2018 $1,980 $235,000 $70,500 $164,500
2017 $2,760 $235,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Alderdice

    Seller's Agent in 2021

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    20 in this area

    96 Total Sales

    Andrea Alderdice
    Section Image
  • Tiffany Henkel

    Buyer's Agent in 2021

    Tiffany Henkel

    Properties on the Potomac, INC

    (703) 989-7452

    1 in this area

    52 Total Sales

    Tiffany Henkel
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC743402

Bright MLS

APN: 13-03772866

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 603, Silver Spring, MD

Not Listed for Sale

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