NOT LISTED FOR SALE

Estimated Value: $247,050 - $365,000

1 Bed
1 Bath
460 Sq Ft
1964 Built

Highlights

  • Gourmet Galley Kitchen
  • Panoramic View
  • Art Deco Architecture
  • Woodlin Elementary School Rated A-
  • Open Floorplan
  • 4-minute walk to Woodside Urban Park

About This Home

As of March 2023

NEW PIX and TOUR!!! Luxury Living at The Octave building in the heart of Downtown Silver Spring! Beautiful 460 Sq ft -- open floor plan, high-end finishes, stainless steel appliances & hardwood throughout! Front loading washer/dryer in unit & large closets. Building features communal indoor bike storage, rooftop lounge and sundeck. Stunning views of Downtown Silver Spring! This luxury building is super modern and one of a kind!
Seconds to Bus, Metro, Shopping, Restaurants, Starbucks, 7-11, The Fillmore, Downtown Silver Spring and SO MUCH MORE! Move-in fee applies.

Last Agent to Rent the Property

David Goldberg

Goldberg Group Real Estate License #587018 Listed on: 02/01/2023

Co-Listed By

Kristen Marshall

Goldberg Group Real Estate

Last Renter's Agent

Kia Smith

Coldwell Banker Realty

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1964 | Remodeled in 2021

Home Design

  • Art Deco Architecture

Interior Spaces

  • 460 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Casement Windows
  • Combination Dining and Living Room
  • Engineered Wood Flooring
  • Panoramic Views

Kitchen

  • Gourmet Galley Kitchen
  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • On-Site Parking for Rent
  • Parking Lot
  • Parking Fee

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property is in excellent condition

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,575
  • $300 Move-In Fee
  • Tenant pays for all utilities, insurance
  • The owner pays for insurance, management
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 2/15/23
  • $45 Application Fee
  • Assessor Parcel Number 161303772902

Community Details

Overview

  • $250 Elevator Use Fee
  • High-Rise Condominium
  • The Octave Codm Community

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,197

Year Built

Built in 1964 | Remodeled in 2021

Lot Details

0

Rental Info

  • Date Available: 2023-02-15
  • Application Fee: 45.00
  • Owner Pays: Insurance, Management
  • Pets Allowed: No
  • Security Deposit: 1575.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All, Insurance
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Move In Fee: 300.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Art Deco
  • Accessibility Features: Elevator
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Year Renovated: 2021
  • Automatically Close On Close Date: No
  • Remarks Public: NEW PIX and TOUR!!! Luxury Living at The Octave building in the heart of Downtown Silver Spring! Beautiful 460 Sq ft -- open floor plan, high-end finishes, stainless steel appliances & hardwood throughout! Front loading washer/dryer in unit & large closets. Building features communal indoor bike storage, rooftop lounge and sundeck. Stunning views of Downtown Silver Spring! This luxury building is super modern and one of a kind! Seconds to Bus, Metro, Shopping, Restaurants, Starbucks, 7-11, The Fillmore, Downtown Silver Spring and SO MUCH MORE! Move-in fee applies.
  • Special Features: 4098
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator
  • Entry Floor: 6
  • Flooring Type: Engineered Wood
  • Interior Amenities: Combination Dining/Living, Flat, Floor Plan - Open, Kitchen - Galley, Kitchen - Gourmet, Wood Floors
  • Window Features: Casement, Double Pane
  • Wall Ceiling Types: 9'+ Ceilings, Beamed Ceilings, Dry Wall
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 460
  • Living Area Sq Ft: 460
  • Price Per Sq Ft: 3.42
  • Above Grade Finished Sq Ft: 460
  • 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
  • View: Panoramic
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Fee, On-Site - Rent
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • Elevator Use Fee: 250.00
  • Senior Community: No

Schools

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

Lot Info

  • Land Use Code: U
  • Outdoor Living Structures: Balcony
  • Property Condition: Excellent
  • Zoning: A

Tax Info

  • Assessor Parcel Number: 14125391
  • Assessor Parcel Number: 161303772902
  • Tax Total Finished Sq Ft: 460
  • Tax Data Updated: No
  • Close Date: 03/31/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2016
Closed on
Sep 16, 2016
Sold by
1320 Residences Llc
Bought by
Yin Jessica J and Garrett Gregory Michael
Seller's Agent
Susan Rao
Long & Foster Real Estate, Inc.
Buyer's Agent
Susan Rao
Long & Foster Real Estate, Inc.
Sold Price
$1,450
Current Estimated Value
$279,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,813
Original Mortgage
$181,800
Outstanding Balance
$146,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$134,540
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Yin Jessica J $242,400 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yin Jessica J $181,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Rented $1,575 0.0% --
03/24/2023 03/24/23 Under Contract -- -- --
03/20/2023 03/20/23 Price Changed $1,575 -6.0% $3 / Sq Ft
02/01/2023 02/01/23 For Rent $1,675 +8.1% --
03/07/2022 03/07/22 Rented $1,550 0.0% --
01/25/2022 01/25/22 For Rent $1,550 0.0% --
01/24/2022 01/24/22 Off Market $1,550 -- --
01/20/2022 01/20/22 For Rent $1,550 0.0% --
03/01/2021 03/01/21 Rented $1,550 0.0% --
02/26/2021 02/26/21 Under Contract -- -- --
10/22/2020 10/22/20 For Rent $1,550 +6.9% --
10/13/2016 10/13/16 Rented $1,450 0.0% --
09/30/2016 09/30/16 Under Contract -- -- --
09/29/2016 09/29/16 For Rent $1,450 -- --
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 $3,197 $260,000 $78,000 $182,000
2024 $3,197 $270,000 $81,000 $189,000
2023 $3,198 $270,000 $81,000 $189,000
2022 $2,176 $270,000 $81,000 $189,000
2021 $3,062 $270,000 $81,000 $189,000
2020 $16 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: MDMC2081732

Bright MLS

APN: 13-03772902