NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 7 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $254,163 - $368,000

1 Bed
1 Bath
511 Sq Ft
$277/mo HOA Fee

Last Sold May 07, 2018

Last sale price $260,000 $509 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,131/month

1 Day on Market

Highlights

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

About This Home

As of May 2018

Urban Living Re-imagined 1 block from S/S Metro with all that downtown has to offer. This 1 BED 1 BATH unit boasts an immaculate kitchen with quartz C/T, high end cabinetry, and S/S appliances. Other features; full sized W/D, huge private patio, and more. Building has contemporary finishes, Lobby/Club room, Sky Lounge, Roof Terrace, storage, Gym, Bike room, building Concierge, and pet friendly.

Last Agent to Sell the Property

Russell Chandler

Redfin Corp Listed on: 04/04/2018

Redfin Corp

Last Buyer's Agent

Kaushik Rath

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 1964

Lot Details

  • Property is in very good condition

HOA Fees

  • $277 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 511 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Galley Kitchen

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303772241

Community Details

Overview

  • Association fees include sewer, water, trash
  • Mid-Rise Condominium
  • The Octave Codm Community

Amenities

  • Concierge
  • Party Room
  • Elevator

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,902

Year Built

Built in 1964

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2018-04-04
  • Year Built: 1964
  • Remarks Public: Urban Living Re-imagined 1 block from S/S Metro with all that downtown has to offer. This 1 BED 1 BATH unit boasts an immaculate kitchen with quartz C/T, high end cabinetry, and S/S appliances. Other features; full sized W/D, huge private patio, and more. Building has contemporary finishes, Lobby/Club room, Sky Lounge, Roof Terrace, storage, Gym, Bike room, building Concierge, and pet friendly.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Kitchen - Galley, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Basement
  • Levels Count: 1
  • Basement: No
  • Living Area Units: Square Feet
  • Total Sq Ft: 511
  • Living Area Sq Ft: 511
  • Price Per Sq Ft: 508.81
  • Above Grade Finished Sq Ft: 511
  • 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
  • Construction Materials: Combination, Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 277.25
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Party Room, Exercise Room
  • HOA Condo Co-Op Fee Includes: Sewer, Water, Trash
  • HOA: No
  • Senior Community: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Lot Info

  • Improvement Assessed Value: 147000.00
  • Land Assessed Value: 63000.00
  • Property Condition: Very Good
  • Year Assessed: 2018

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14125949
  • Assessor Parcel Number: 161303772241
  • Tax Total Finished Sq Ft: 511
  • County Tax Payment Frequency: Annually
  • Close Date: 05/07/2018

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jun 4, 2018
Sold by
Render Diane L
Bought by
Restrepo Felipe Henao
Seller's Agent
Russell Chandler
Redfin Corp
Buyer's Agent
Kaushik Rath
Compass
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$291,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,872
Avg. Annual Appreciation
1.52%
Original Mortgage
$221,364
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2016
Sold by
1320 Residences Llc
Bought by
Render Diane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,453
Interest Rate
3.64%
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
Restrepo Felipe Henao $260,000 Kvs Title Llc
Render Diane L $214,900 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Restrepo Felipe Henao $217,500
Closed Restrepo Felipe Henao $221,364
Previous Owner Render Diane L $208,453
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Sold $260,000 0.0% $509 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $260,000 -- $509 / 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
2024 $2,902 $250,000 $75,000 $175,000
2023 $2,211 $250,000 $75,000 $175,000
2022 $2,088 $250,000 $75,000 $175,000
2021 $2,085 $250,000 $75,000 $175,000
2020 $1,939 $236,667 $0 $0
2019 $1,790 $223,333 $0 $0
2018 $1,647 $210,000 $63,000 $147,000
2017 $2,422 $210,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Russell Chandler

    Redfin Corp

    Section Image
  • Kaushik Rath

    Buyer's Agent in 2018

    Kaushik Rath

    Compass

    (917) 678-1307

    96 Total Sales

    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: 1000334348

Bright MLS

APN: 13-03772241

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 7, Silver Spring, MD

This home is located at 1320 Fenwick Ln Unit 7, Silver Spring, MD 20910 since 04 April 2018 and is currently estimated at $287,291, approximately $562 per square foot. This property was built in 1964. 1320 Fenwick Ln Unit 7 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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