Seller's Agent in 2024
Marquis McCrimmon
Bennett Realty Solutions
(301) 246-2323
1 in this area
32 Total Sales
Octave 1320 1320 Fenwick Ln Unit 612 Silver Spring, MD 20910
Downtown Silver Spring NeighborhoodEstimated Value: $250,387 - $269,000
1
Bed
1
Bath
549
Sq Ft
1964
Built
Highlights
- Concierge
- Community Center
- Resident Manager or Management On Site
- Woodlin Elementary School Rated A-
- Intercom
- Programmable Thermostat
About This Home
As of April 2024Welcome to this stunning 1 bed, 1 bath condo at “ The Octave 1320” in Downtown Silver Spring.
Octave 1320 was designed by BKV Group and developed by ProMark Real Estate Services out of a repurposed office building. Built 1964 but renovated in 2016 into condos, this building has 8 floors and a number of amenities. There is an enclosed rooftop lounge which can be reserved for private parties (used by residents and guests but privately reserved for a fee) and a roof deck which has views of the Silver Spring skyline. The first-floor lounge features tables that you can work from home without actually working from home, and a bike storage room and separate storage room. The fitness center is located in the lower level of the building. The concierge works 7 days a week and will store your packages in a secure package storage room. This condo features a modern open concept living space. The kitchen offers espresso cabinets, a gas stove, a built-in microwave, stainless appliances and dishwasher. The Juliette balcony adds that extra pop of charm. This condo is in the heart of Downtown Silver Spring with everything that entails – restaurants, shops, movie theatre, the Silver Spring Library, Fillmore, etc. Walk to the metro for the Silver Spring red line and the Purple Line which will be opening in a few years. You are also very conveniently located with just a short walk to the local breweries. Condo fee includes: Amenities – rooftop lounge, roof deck, first floor lounge, bike storage room, storage unit, fitness center, maintenance of the building, building utilities, water, property manager on-site. Wow! Up to 6-Months Parking included with Full price offer!
Last Agent to Sell the Property
(301) 459-5040 thebennettteam@yahoo.com Bennett Realty Solutions License #SP98372944 Listed on: 03/03/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,573
Year Built
- Built in 1964
HOA Fees
- $557 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Brick Exterior Construction
Interior Spaces
- 549 Sq Ft Home
- Property has 1 Level
- Intercom
- Washer and Dryer Hookup
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Parking
- Public Parking
- On-Street Parking
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
- Programmable Thermostat
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
- Property is in very good condition
Listing and Financial Details
- Assessor Parcel Number 161303772957
Community Details
Overview
- Association fees include common area maintenance, exterior building maintenance, management, sewer, trash, water
- Mid-Rise Community
- The Octave Codm Community
- Silver Spring Subdivision
Amenities
- Concierge
- Community Center
- Meeting Room
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
- Breed Restrictions
Security
- Resident Manager or Management On Site
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 3, 2024
Closed on
Apr 19, 2024
Sold by
Bought by
Seller's Agent
Marquis McCrimmon
Bennett Realty Solutions
Buyer's Agent
Marina Sorbie
RLAH @properties
List Price
$249,990
Sold Price
$242,000
Premium/Discount to List
-$7,990
-3.2%
Views
51
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,097
Avg. Annual Appreciation
3.38%
Original Mortgage
$225,060
Outstanding Balance
$221,607
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$38,490
Purchase Details
Closed on
Oct 6, 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
$215,175
Interest Rate
4.2%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $242,000 | Fidelity National Title | ||
| $242,000 | Fidelity National Title | ||
| $286,900 | None Available |
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 | $225,060 | ||
| Closed | $225,060 | ||
| Previous Owner | $215,175 |
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 |
|---|---|---|---|---|
| 04/22/2024 04/22/24 | Sold | $242,000 | -3.2% | $441 / Sq Ft |
| 03/09/2024 03/09/24 | Pending | -- | -- | -- |
| 03/03/2024 03/03/24 | For Sale | $249,990 | -- | $455 / 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 | $3,090 | $260,000 | $78,000 | $182,000 |
| 2024 | $3,726 | $315,000 | $94,500 | $220,500 |
| 2023 | $3,727 | $315,000 | $94,500 | $220,500 |
| 2022 | $2,539 | $315,000 | $94,500 | $220,500 |
| 2021 | $3,626 | $320,000 | $96,000 | $224,000 |
| 2020 | $3,476 | $306,667 | $0 | $0 |
| 2019 | $3,324 | $293,333 | $0 | $0 |
| 2018 | $3,180 | $280,000 | $84,000 | $196,000 |
| 2017 | $3,277 | $280,000 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marquis McCrimmon
-
Marina Sorbie
Buyer's Agent in 2024
Marina Sorbie
Real Living at Home
(202) 320-0176
1 in this area
43 Total Sales
About Octave 1320
Map
Source: Bright MLS
MLS Number: MDMC2122260
APN: 13-03772957
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