NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 711 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $237,144 - $362,000

1 Bed
1 Bath
549 Sq Ft
$378/mo HOA Fee

Last Sold May 15, 2019

Last sale price $256,000 $466 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,108/month

22 Days 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 2019

City Living at its finest. Close to Silver Spring Metro with all that downtown has to offer. This sleek 1 bedroom 1 bath condo boasts floor to ceiling windows, kitchen with quartz countertops, high end cabinetry and stainless steel appliances. Other features wood floors, full sized washer/dryer, balcony and more. Building has contemporary finishes, Lobby, Club room, Sky Lounge, Roof Terrace, storage, Gym, Bike room, building Concierge and pet friendly. Long-term parking: County lot next door Pay only for how much parking you need. Parking is free 7pm-7am. Building is FHA and VA Approved.

Last Agent to Sell the Property

Theresa Helfman Taylor

(301) 922-5565 theresa@taylormaderealestate.net TTR Sotheby's International Realty License #0225 192651 Listed on: 03/16/2019

TTR Sotheby's International Realty

Last Buyer's Agent

Kim Kash

(301) 789-6294 kim.kash@compass.com Compass License #673447

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,405

Year Built

  • Built in 1964

HOA Fees

  • $378 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

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

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Parking Lot
  • Unassigned Parking

Additional Features

  • Property is in very good condition
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 161303773074

Community Details

Overview

  • Association fees include insurance, management, reserve funds, water, common area maintenance
  • Mid-Rise Condominium
  • Octave Condos
  • Octave Community
  • Silver Spring Subdivision
  • Property Manager

Amenities

  • Concierge
  • Meeting Room
  • Elevator

Recreation

Security

  • Security Service
  • Front Desk in Lobby

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,405

Year Built

Built in 1964

Lot Details

0

HOA Fees

$378 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
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 1964
  • Remarks Public: City Living at its finest. Close to Silver Spring Metro with all that downtown has to offer. This sleek 1 bedroom 1 bath condo boasts floor to ceiling windows, kitchen with quartz countertops, high end cabinetry and stainless steel appliances. Other features wood floors, full sized washer/dryer, balcony and more. Building has contemporary finishes, Lobby, Club room, Sky Lounge, Roof Terrace, storage, Gym, Bike room, building Concierge and pet friendly. Long-term parking: County lot next door https://www.montgomerycountymd.gov/dot-parking/permits.html. Pay only for how much parking you need. Parking is free 7pm-7am. Building is FHA and VA Approved.
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Stove, Washer
  • Flooring Type: Wood
  • Interior Amenities: Combination Kitchen/Living, Floor Plan - Open
  • Levels Count: 1
  • Room List: Living Room, Kitchen
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 549
  • Living Area Sq Ft: 549
  • Price Per Sq Ft: 471.77
  • Above Grade Finished Sq Ft: 549
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: Parking Lot, On Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Security: Desk In Lobby, Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 378.37
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Octave
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Meeting Room, Security
  • HOA Condo Co-Op Fee Includes: Insurance, Management, Reserve Funds, Water, Common Area Maintenance
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

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

Lot Info

  • Land Use Code: 012
  • Property Condition: Very Good
  • Year Assessed: 2018
  • Zoning: CR 5.0
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 3405.00
  • Assessor Parcel Number: 161303773074
  • Tax Total Finished Sq Ft: 549
  • County Tax Payment Frequency: Annually
  • Tax Year: 2018
  • Close Date: 05/15/2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2019
Closed on
May 15, 2019
Sold by
Butler Elston and Butler Lynette
Bought by
Errick Jennifer
Seller's Agent
Theresa Helfman Taylor
TTR Sotheby's International Realty
Buyer's Agent
Kim Kash
Compass
List Price
$259,000
Sold Price
$256,000
Premium/Discount to List
-$3,000
-1.16%
Current Estimated Value
$279,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,286
Avg. Annual Appreciation
1.36%
Original Mortgage
$204,800
Outstanding Balance
$179,695
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$99,591

Purchase Details

Listed on
Mar 21, 2017
Closed on
Jun 16, 2017
Sold by
1320 Residences Llc
Bought by
Butler Elston and Butler Lynette
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
Kia Smith
Coldwell Banker Realty
List Price
$279,000
Sold Price
$279,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.40%
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
Errick Jennifer $256,000 Kvs Title Llc
Butler Elston $279,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Errick Jennifer $204,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2019 05/15/19 Sold $256,000 -1.2% $466 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $259,000 -7.2% $472 / Sq Ft
06/16/2017 06/16/17 Sold $279,000 0.0% $485 / Sq Ft View Prior Sale
03/21/2017 03/21/17 Pending -- -- --
03/21/2017 03/21/17 For Sale $279,000 -- $485 / 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
2025 $3,032 $201,000 $60,300 $140,700
2024 $3,032 $256,000 $76,800 $179,200
2023 $3,033 $256,000 $76,800 $179,200
2022 $2,908 $256,000 $76,800 $179,200
2021 $3,175 $280,000 $84,000 $196,000
2020 $3,176 $280,000 $84,000 $196,000
2019 $2,482 $280,000 $84,000 $196,000
2018 $3,405 $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

  • Theresa Helfman Taylor

    Seller's Agent in 2019

    Theresa Helfman Taylor

    TTR Sotheby's International Realty

    (301) 922-5565

    124 Total Sales

    Theresa Helfman Taylor
    Section Image
  • Kim Kash

    Buyer's Agent in 2019

    Kim Kash

    Compass

    (301) 789-6294

    1 in this area

    220 Total Sales

    Kim Kash
    Section Image
  • Kia Smith

    Buyer's Agent in 2017

    Kia Smith

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    (202) 815-7101

    1 in this area

    43 Total Sales

    Kia Smith
    Section Image
See All Agents

About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC623712

Bright MLS

APN: 13-03773074

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 711, Silver Spring, MD

This home is located at 1320 Fenwick Ln Unit 711, Silver Spring, MD 20910 since 16 March 2019 and is currently estimated at $279,286, approximately $508 per square foot. This property was built in 1964. 1320 Fenwick Ln Unit 711 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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