NOT LISTED FOR SALE

Estimated Value: $267,956

1 Bed
1 Bath
549 Sq Ft
$415/mo HOA Fee

Last Sold July 25, 2022

Last sale price $254,500 $464 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,068/month

90 Days on Market

Highlights

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

About This Home

As of July 2022

Just steps to Metro and downtown Silver Spring, this modern apartment has everything you need for stylish city living. The open floor plan is the ultimate in versatile living and entertaining with a moveable island. The rich tones of the wood cabinets, topped with granite, accentuated by a glass punctuated full-height backsplash, and accompanied by sleek stainless steel appliances present a kitchen that you will want to show off. An oversized sliding door separates the living area from the bedroom. This unit features a spacious bathroom with standing shower made modern with elongated vertical subway tile. Step out onto your own private balcony. Enjoy the convenience of the in-unit front loading washer and dryer. Private storage on-site is included. The Octave Condominiums boast front desk services, an extensive gym, and an expansive roof deck. This place has it all!

Last Agent to Sell the Property

Peter Fortner

(202) 497-5703 pfortner@ttrsir.com Compass Listed on: 03/18/2022

Compass

Last Buyer's Agent

Lou Muscarella

(703) 405-3019 lou.muscarella@compass.com Compass License #0225067738

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 1964

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • Off-Site Parking

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 549 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Window Treatments
  • Combination Kitchen and Living
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • Front Loading Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 161303773063

Community Details

Overview

  • Association fees include common area maintenance, exterior building maintenance, health club, management, reserve funds, sewer, snow removal, trash, water
  • High-Rise Condominium
  • The Octave Codm Community
  • Silver Spring Subdivision

Amenities

  • Concierge
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,062

Year Built

Built in 1964

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-03-18
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Stainless Steel Appliances, Refrigerator, Washer - Front Loading
  • Entry Floor: 1
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open, Kitchen - Island, Window Treatments, Wood Floors
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 549
  • Living Area Sq Ft: 549
  • Price Per Sq Ft: 491.62
  • Above Grade Finished Sq Ft: 549
  • 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
  • Spa: No
  • 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

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Electric
  • Security: Desk In Lobby
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Cable Tv
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 415.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Fitness Center
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Health Club, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 234500.00
  • Land Assessed Value: 100500.00
  • Zoning: RESIDENTIAL
  • In City Limits: Yes

Rental Info

  • Pets: Cats Ok, Dogs Ok
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14125659
  • Tax Annual Amount: 3062.00
  • Assessor Parcel Number: 161303773063
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Jul 22, 2022
Sold by
Cameron Barnes Harrison
Bought by
Crk Tanja
Seller's Agent
Peter Fortner
Compass
Buyer's Agent
Lou Muscarella
Compass
List Price
$279,900
Sold Price
$254,500
Premium/Discount to List
-$25,400
-9.07%
Current Estimated Value
$267,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,456
Avg. Annual Appreciation
1.55%
Original Mortgage
$203,600
Outstanding Balance
$194,855
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$73,101

Purchase Details

Closed on
Mar 10, 2017
Sold by
1320Residences Llc
Bought by
Barnes Harrison Camerson and Barnes Chritine
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

Date Buyer Sale Price Title Company
Crk Tanja $254,500 Westcor Land Title
Barnes Harrison Camerson $272,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crk Tanja $203,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2022 07/25/22 Sold $254,500 -5.7% $464 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $269,900 -3.6% $492 / Sq Ft
03/18/2022 03/18/22 For Sale $279,900 0.0% $510 / Sq Ft
11/11/2020 11/11/20 Rented $1,450 0.0% --
11/03/2020 11/03/20 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 $2,903 $256,667 -- --
2024 $2,903 $245,000 $73,500 $171,500
2023 $2,212 $245,000 $73,500 $171,500
2022 $3,310 $291,667 $0 $0
2021 $3,062 $270,000 $81,000 $189,000
2020 $3,063 $270,000 $81,000 $189,000
2019 $2,369 $270,000 $81,000 $189,000
2018 $2,713 $300,000 $90,000 $210,000
2017 $3,507 $300,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2042356

Bright MLS

APN: 13-03773063