NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 605 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $224,000 - $251,000

1 Bed
1 Bath
460 Sq Ft
2016 Built

Sale Details

Date Sold: April 29, 2022

Last sale price $253,000 $550 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,935 / mo

5 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Open Floorplan
  • Woodlin Elementary School Rated A-
  • City View
  • Contemporary Architecture

About This Home

As of April 2022

Amazing 1 bedroom in downtown Silver Spring only steps to the Silver Spring Metro Station! Built in 2016, this home features engineered hardwood flooring throughout, quartz countertops, sliding glass barn doors, 9' ceilings, and private balcony with tree top views all the way to Downtown Bethesda. The many building amenities include on-site management, a fitness room, roof terrace, bike storage room, sky lounge, concierge and sophisticated lobby with fireplace. Separate storage unit included and pet friendly! Enjoy Silver Spring's breweries, farmer's markets, music venues, shops, dining, and the soon to come Montgomery County Aquatic Center and Commas Food Hall all at your doorstep.

Last Agent to Sell the Property

Andrea Alderdice

(240) 497-1700 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 03/10/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Jacky Filani

(703) 966-2232 sarah@hatchpmandsales.com Hatch Property Management and Sales, LLC License #SP200202660

Hatch Property Management and Sales, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 2016

HOA Fees

  • $377 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

  • 460 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Sliding Doors
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Exterior Cameras

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

  • Cooling Available
  • Heat Pump System
  • Water Dispenser
  • Natural Gas Water Heater

Additional Features

  • Property is in very good condition

Listing and Financial Details

  • Assessor Parcel Number 161303772888

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, sewer, trash, water, management, snow removal
  • 102 Units
  • Mid-Rise Community
  • The Octave 1320 Condominiums, Phone Number (301) 378-8139
  • The Octave Codm Community
  • 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
  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,062

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

HOA Fees

$377 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: Level Entry - Main, Elevator, Doors - Lever Handle(s), 32"+ Wide Doors
  • Ownership: Condominium
  • Inclusions: Storage Included In ListPrice, Storage Included InSalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-03-10
  • Year Built: 2016
  • 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, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer, Water Dispenser
  • Entry Floor: 6
  • Flooring Type: Wood
  • Interior Amenities: Combination Dining/Living, Floor Plan - Open, Tub Shower, Upgraded Countertops, Wood Floors
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 460
  • Living Area Sq Ft: 460
  • Price Per Sq Ft: 550.00
  • 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, 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: 17.29
  • 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, Main Entrance Lock, Security System, Sprinkler System - Indoor, Resident Manager, Exterior Cameras, Fire Detection System, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 377.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Octave 1320 Condominiums
  • Condo Co-Op Phone: (301)-378-8139
  • HOA Condo Co-Op Amenities: Fitness Center, Party Room, Storage Bin, Concierge, Elevator
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Sewer, Trash, Water, Management, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - On-Site
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

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

Lot Info

  • Improvement Assessed Value: 171500.00
  • Land Assessed Value: 73500.00
  • Outdoor Living Structures: Roof, Balcony
  • Property Condition: Very Good
  • Zoning: CR-5.0 C-4.0 R-4.75 H-14
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14125234
  • Tax Annual Amount: 3062.00
  • Assessor Parcel Number: 161303772888
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

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
Mar 10, 2022
Closed on
Apr 29, 2022
Sold by
Bought by
Seller's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
Buyer's Agent
Jacky Filani
Hatch Property Management and Sales, LLC
List Price
$253,000
Sold Price
$253,000
Current Estimated Value
$241,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,643
Avg. Annual Appreciation
-1.10%
Original Mortgage
$253,000
Interest Rate
0.0467%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2019
Closed on
Oct 31, 2019
Sold by
Bought by
Seller's Agent
Sean Zullo
Pier Associates Real Estate, Inc.
Buyer's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
List Price
$249,900
Sold Price
$245,250
Premium/Discount to List
-$4,650
-1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.25%
Original Mortgage
$196,200
Interest Rate
0.035%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,399
Interest Rate
0.0343%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$253,000 Tradition Title
$245,250 Kvs Title Llc
$242,400 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 $253,000
Previous Owner $196,200
Previous Owner $250,399
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 Prior Sale
04/29/2022 04/29/22 Sold $253,000 0.0% $550 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $253,000 +3.2% $550 / Sq Ft
10/31/2019 10/31/19 Sold $245,250 -1.9% $533 / Sq Ft View Prior Sale
09/15/2019 09/15/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $249,900 0.0% $543 / Sq Ft
09/01/2018 09/01/18 Rented $1,450 0.0% --
08/20/2018 08/20/18 Under Contract -- -- --
08/08/2018 08/08/18 For Rent $1,450 +3.6% --
06/05/2017 06/05/17 Rented $1,400 -9.7% --
06/05/2017 06/05/17 Under Contract -- -- --
04/13/2017 04/13/17 For Rent $1,550 -- --
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 $2,797 $235,000 $70,500 $164,500
2024 $2,903 $245,000 $73,500 $171,500
2023 $3,596 $245,000 $73,500 $171,500
2022 $2,092 $245,000 $73,500 $171,500
2021 $2,370 $270,000 $81,000 $189,000
2020 $2,221 $256,667 $0 $0
2019 $2,761 $243,333 $0 $0
2018 $2,615 $230,000 $69,000 $161,000
2017 $2,702 $230,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Alderdice

    Seller's Agent in 2022

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    15 in this area

    91 Total Sales

    Andrea Alderdice
    Section Image

  • J

    Buyer's Agent in 2022

    Jacky Filani

    Hatch Property Management and Sales, LLC

    (301) 857-1822

    1 in this area

    28 Total Sales

    Jacky Filani
    Section Image

  • S

    Seller's Agent in 2019

    Sean Zullo

    Pier Associates Real Estate, Inc.

    (202) 337-8500

    7 Total Sales

    Sean Zullo
    Section Image

  • S

    Seller's Agent in 2017

    Susan Best

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2040752

Bright MLS

APN: 13-03772888

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 605, Silver Spring, MD

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