NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 707 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $246,001 - $251,000

1 Bed
1 Bath
460 Sq Ft
1964 Built

Highlights

  • Concierge
  • Fitness Center
  • Contemporary Architecture
  • Woodlin Elementary School Rated A-
  • Gourmet Galley Kitchen
  • 4-minute walk to Woodside Urban Park

About This Home

As of August 2022

FABULOUS UNIT ON THE 7TH FLOOR. UNOBSTRUCTED SKYLINE VIEWS. GREAT FUNCTIONAL FLOOR PLAN, FLOODED WITH NATURAL LIGHT - GREAT EXPOSURE + PRIVATE BALCONY, WASHER/DRYER IN UNIT & ADDITIONAL STORAGE! BUILDING HAS GYM, BIKE ROOM & ROOF TOP DECK + LOUNGE. PLENTY OF PUBLIC PARKING NEXT DOOR. METRO AROUND THE CORNER, CIRCULATOR STOP BY BUILDING. CLOSE TO DOWNTOWN SILVER SPRING, TRAILS, STORES, ENTERTAINMENT, SHOPS, CAFES & MORE. Tenant's lease ends July 30th. Property will possibly be available sooner

Last Agent to Rent the Property

Joseph Bernstein

(301) 367-0507 joseph.bernstein@longandfoster.com Compass License #sp98369004 Listed on: 07/02/2022

Compass

Co-Listed By

Antonina Hatcher

(301) 908-7224 antonina.bernstein@gmail.com Compass

Last Renter's Agent

Lauren Landis

(703) 795-4289 laurenklandis@gmail.com KW Metro Center License #5011404

KW Metro Center

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1964 | Remodeled in 2015

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor

Interior Spaces

  • 460 Sq Ft Home
  • Property has 1 Level
  • Double Pane Windows
  • Combination Kitchen and Living
  • Wood Flooring

Kitchen

  • Gourmet Galley Kitchen
  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Parking

  • Public Parking
  • On-Street Parking
  • Off-Site Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Water Heater
  • Municipal Trash

Additional Features

  • Energy-Efficient Windows
  • Property is in excellent condition

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,550
  • $300 Move-In Fee
  • Tenant pays for cable TV, electricity, gas, heat, light bulbs/filters/fuses/alarm care, minor interior maintenance, utilities - some
  • The owner pays for association fees
  • Rent includes hoa/condo fee, sewer, trash removal, water, HVAC maint, insurance
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 7/31/22
  • $50 Application Fee
  • Assessor Parcel Number 161303773030

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, custodial services maintenance, lawn maintenance, management, sewer, trash, water
  • High-Rise Condominium
  • The Octave Condominium Community
  • Downtown Silver Spring Subdivision

Amenities

  • Concierge
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Front Desk in Lobby

Condo Details

Home Type

Condominium

Year Built

Built in 1964 | Remodeled in 2015

Lot Details

0

Rental Info

  • Date Available: 2022-07-31
  • Application Fee: 50.00
  • Owner Pays: Association Fees
  • Pets Allowed: No
  • Rent Includes: Hoa/Condo Fee, Sewer, Trash Removal, Water, Hvac Maint, Insurance
  • Security Deposit: 1550.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Cable Tv, Electricity, Gas, Heat, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Utilities - Some
  • Vacation Rental: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Lease Link U R L: https://apply.link/3HPXXsJ
  • Move In Fee: 300.00
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Contemporary
  • Inclusions: TV Mount
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-07-05
  • Federal Flood Zone: No
  • Year Built: 1964
  • Year Renovated: 2015
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Dryer - Front Loading, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer - Front Loading, Washer/Dryer Stacked
  • Entry Floor: 7
  • Interior Amenities: Combination Kitchen/Living, Elevator, Flat, Kitchen - Gourmet, Kitchen - Galley, Wood Floors
  • Window Features: Double Pane, Energy Efficient
  • Fireplace: No
  • 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: 3.48
  • 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
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street, Off Site

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Extra Storage
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Custodial Services Maintenance, Lawn Maintenance, Management, Sewer, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Excellent
  • Zoning: R

Tax Info

  • Assessor Parcel Number: 14125103
  • Assessor Parcel Number: 161303773030

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2021
Sold by
Thomas Ann Marie Stephenson and Stephenson Ann Marie
Bought by
Thomas Ann Marie Stephenson and Thomas Calvin
Current Estimated Value
$249,000

Purchase Details

Closed on
Oct 7, 2016
Sold by
1320 Residences Llc
Bought by
Stephenson Ann Maruie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,828
Interest Rate
3.44%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Thomas Ann Marie Stephenson -- None Available
Stephenson Ann Maruie $252,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stephenson Ann Maruie $244,828
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Rented $1,600 +3.2% --
07/02/2022 07/02/22 Under Contract -- -- --
07/15/2020 07/15/20 Rented $1,550 0.0% --
06/28/2020 06/28/20 For Rent $1,550 0.0% --
04/08/2018 04/08/18 Rented $1,550 0.0% --
04/06/2018 04/06/18 Under Contract -- -- --
01/24/2018 01/24/18 For Rent $1,550 -- --
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 $3,314 $270,000 $81,000 $189,000
2024 $3,314 $280,000 $84,000 $196,000
2023 $3,315 $280,000 $84,000 $196,000
2022 $3,179 $280,000 $84,000 $196,000
2021 $3,175 $280,000 $84,000 $196,000
2020 $3,026 $266,667 $0 $0
2019 $2,874 $253,333 $0 $0
2018 $2,728 $240,000 $72,000 $168,000
2017 $2,817 $240,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Bernstein

    Landlord's Agent in 2022

    Joseph Bernstein

    Compass

    (301) 367-0507

    1 in this area

    96 Total Sales

    Joseph Bernstein
    Section Image
  • Antonina Hatcher

    Landlord's Co-Listing Agent in 2022

    Antonina Hatcher

    Compass

    (301) 908-7224

    29 Total Sales

    Antonina Hatcher
    Section Image
  • Lauren Landis

    Tenant's Agent in 2022

    Lauren Landis

    KW Metro Center

    (703) 795-4289

    30 Total Sales

    Lauren Landis
    Section Image

  • C

    Buyer's Agent in 2020

    Casey Lee

    Keller Williams Realty Centre

    (410) 312-0000

    Casey Lee
    Section Image
  • Barak Sky

    Seller's Agent in 2018

    Barak Sky

    Serhant

    (301) 742-5759

    1 in this area

    805 Total Sales

    Barak Sky
    Section Image
  • Vanda Gale

    Buyer's Agent in 2018

    Vanda Gale

    RE/MAX

    (240) 888-7538

    26 Total Sales

    Vanda Gale
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2058130

Bright MLS

APN: 13-03773030

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 707, Silver Spring, MD

Not Listed for Sale

Condos

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