NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 803 Floor 8 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $244,000 - $265,431

1 Bed
1 Bath
483 Sq Ft
2016 Built

Sale Details

Date Sold: December 17, 2021

Last sale price $248,000 $513 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,022 / mo

28 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Meeting Room
  • Woodlin Elementary School Rated A-
  • Contemporary Architecture
  • Elevator

About This Home

As of December 2021

Open House Sun. 11/21, 2-4 pm! One of the best end units in the newest condo building in downtown Silver Spring! Built in 2016, the top floor unit is just blocks from Silver Spring Metro Station and steps from the shops and restaurants. This home features engineered hardwood floor throughout, quartz countertops, extensive closets for maximum storage space, and a balcony for bright sunlight! The building has many amenities: sky lounge, roof terrace, bike storage room, fitness room, and lobby with a fireplace. Enjoy the convenience of transportation, shopping, and dining all so close by! Pet friendly and a storage unit included.

Last Agent to Sell the Property

Lisa Ma

(301) 309-8859 lishama@gmail.com UnionPlus Realty, Inc. Brokerage Phone: 3013098859 Listed on: 10/23/2021

Last Buyer's Agent

Vincent Ekuban

(301) 593-4811 thehomeguy@exitre.org EXIT Realty Enterprises License #0225081132

EXIT Realty Enterprises

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,042

Year Built

  • Built in 2016

HOA Fees

  • $357 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 8th floor

Interior Spaces

  • 483 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303773121

Community Details

Overview

  • Association fees include exterior building maintenance, management, trash, water, sewer, snow removal
  • Mid-Rise Community
  • The Octave Codm Community
  • Downtown Silver Spring Subdivision

Amenities

  • Concierge
  • Meeting Room
  • Party Room
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,042

Year Built

Built in 2016

Lot Details

0 Sq Ft Lot

HOA Fees

$357 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
  • Expected On Market: 10/23/2021 12:00:00 AM
  • Year Built: 2016
  • Year Renovated: 2016
  • Automatically Close On Close Date: Yes
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 8
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 483
  • Living Area Sq Ft: 483
  • Price Per Sq Ft: 538.30
  • Above Grade Finished Sq Ft: 483
  • 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: Combination
  • 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 Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Energy Star Heating System
  • 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: 357.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Fitness Center, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: Ext Bldg Maint, Management, Trash, Water, Sewer, Snow Removal
  • HOA: No
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: CR-5.0
  • In City Limits: Yes

Rental Info

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

Tax Info

  • Tax Annual Amount: 3042.00
  • Assessor Parcel Number: 161303773121
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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

Closed on
Dec 15, 2016
Sold by
1320 Residence Llc
Bought by
Current Estimated Value
$256,608
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Silver Spring, MD

  • Troy Patterson Real Estate Agent - TTR Sotheby's International Realty

    Troy Patterson

    TTR Sotheby's International Realty

    (202) 952-4507

    68 Total Sales

    1 in Downtown Silver Spring

    $290,000 Price

    Troy Patterson
     Section Image
  • Suzanne Parmet Real Estate Agent - Compass

    Suzanne Parmet

    Compass

    (202) 902-8519

    83 Total Sales

    1 in Downtown Silver Spring

    $500,000 Price

    Suzanne Parmet
     Section Image
  • Karen Kennard Real Estate Agent - EXP Realty, LLC

    Karen Kennard

    EXP Realty, LLC

    (469) 599-4639

    49 Total Sales

    1 in Downtown Silver Spring

    $350,000 Price

    Karen Kennard
     Section Image
  • David Goldberg Real Estate Agent - Goldberg Group Real Estate

    David Goldberg

    Goldberg Group Real Estate

    (202) 791-4607

    108 Total Sales

    1 in Downtown Silver Spring

    $334,000 Price

    David Goldberg
     Section Image
  • Russell Carter Real Estate Agent - Keller Williams Capital Properties

    Russell Carter

    Keller Williams Capital Properties

    (202) 856-9138

    180 Total Sales

    2 in Downtown Silver Spring

    $315K - $540K Price Range

    Russell Carter
     Section Image
  • John Peters Real Estate Agent - Compass

    John Peters

    Compass

    (877) 813-1859

    61 Total Sales

    1 in Downtown Silver Spring

    $315,000 Price

    John Peters
     Section Image
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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
$254,900 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 $223,200
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
12/17/2021 12/17/21 Sold $248,000 -4.6% $513 / Sq Ft
11/21/2021 11/21/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $260,000 -- $538 / 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 $3,075 $258,667
2024 $2,938 $248,000 $74,400 $173,600
2023 $3,631 $248,000 $74,400 $173,600
2022 $2,126 $248,000 $74,400 $173,600
2021 $2,652 $295,000 $88,500 $206,500
2020 $2,503 $281,667 $0 $0
2019 $3,043 $268,333 $0 $0
2018 $2,898 $255,000 $76,500 $178,500
2017 $2,990 $255,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LM

    Seller's Agent in 2021

    Lisa Ma

    UnionPlus Realty, Inc.

    (301) 938-9268

    1 in this area

    16 Total Sales

    Lisa Ma
    Section Image
  • Vincent Ekuban Real Estate Agent - EXIT Realty Enterprises

    Buyer's Agent in 2021

    Vincent Ekuban

    EXIT Realty Enterprises

    (301) 343-2181

    1 in this area

    91 Total Sales

    Vincent Ekuban
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2019104

Bright MLS

APN: 13-03773121

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 803, Silver Spring, MD

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