NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 805 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $243,000 - $267,000

1 Bed
1 Bath
460 Sq Ft
1964 Built

Sale Details

Date Sold: August 22, 2022

Last sale price $255,000 $554 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,086 / mo

71 Days on Market

Highlights

  • Fitness Center
  • Meeting Room
  • Balcony
  • Woodlin Elementary School Rated A-
  • 2 Elevators
  • Intercom

About This Home

As of August 2022

Gorgeous penthouse condo with lovely views of Downtown Silver Spring. Just a couple of blocks from the Silver Spring Metro. This condo is well maintained and features engineered hardwood floors, open floor plan, balcony, stylish kitchen with stainless steel appliances, quartz countertops, in-unit washer and dryer. This pet friendly building offers a roof terrace, sky lounge, concierge, gorgeous and modern lobby with a fireplace, storage room, fitness center, and a bike room! Walk to local restaurants, music venues, farmer market, stores, etc.

Last Agent to Sell the Property

Aldo Figueroa

(410) 561-3017 componentsmaryland@gmail.com RE/MAX Components Listed on: 05/05/2022

RE/MAX Components

Last Buyer's Agent

Brian G Mason

(202) 858-1101 info@besteverrealtor.com Signature Move Real Estate License #5008829

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1964

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Entry on the 8th floor

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

  • Intercom
  • Exterior Cameras

Accessible Home Design

  • Accessible Elevator Installed
  • Doors are 32 inches wide or more
  • Level Entry For Accessibility

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Property is in excellent condition

Listing and Financial Details

  • Assessor Parcel Number 161303773143

Community Details

Overview

  • Association fees include water, exterior building maintenance, management
  • High-Rise Community
  • The Octave Condominiums
  • The Octave Codm Community
  • Downtown Silver Spring Subdivision

Amenities

  • Meeting Room
  • Party Room
  • 2 Elevators

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Front Desk in Lobby
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,288

Year Built

Built in 1964

Lot Details

0 Sq Ft Lot

HOA Fees

$377 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator, 32"+ Wide Doors, Level Entry - Main
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Entry Floor: 8
  • Elevators Count: 2
  • Foundation Details: Other
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 460
  • Living Area Sq Ft: 460
  • Price Per Sq Ft: 575.87
  • 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
  • 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: On Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Intercom, Carbon Monoxide Detector(s), Desk In Lobby, Exterior Cameras, Main Entrance Lock, Fire Detection System, Smoke Detector, Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 377.00
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Octave Condominiums
  • HOA Condo Co-Op Amenities: Exercise Room, Elevator, Meeting Room, Party Room
  • HOA Condo Co-Op Fee Includes: Water, Ext Bldg Maint, Management
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 203000.00
  • Land Assessed Value: 87000.00
  • Outdoor Living Structures: Roof, Balcony
  • Property Condition: Very Good, Excellent, Good
  • Zoning: RESIDENTIAL
  • In City Limits: No

Rental Info

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

Tax Info

  • Assessor Parcel Number: 14125666
  • Tax Annual Amount: 3288.00
  • Assessor Parcel Number: 161303773143
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2022
Closed on
Aug 19, 2022
Sold by
Alvarado Gerson A
Bought by
Abaquita Charmagne Ann
Seller's Agent
Aldo Figueroa
RE/MAX Components
Buyer's Agent
Brian G Mason
Signature Move Real Estate
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%
Views
2
Current Estimated Value
$262,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,436
Avg. Annual Appreciation
0.42%
Original Mortgage
$229,500
Outstanding Balance
$218,873
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$40,185
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
Abaquita Charmagne Ann $255,000 Ratified Title
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 Abaquita Charmagne Ann $229,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $255,000 -3.7% $554 / Sq Ft
05/26/2022 05/26/22 Price Changed $264,900 -1.9% $576 / Sq Ft
05/05/2022 05/05/22 For Sale $269,900 -- $587 / Sq Ft
Source: Bright MLS

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 $3,432 $280,000 $84,000 $196,000
2024 $3,432 $290,000 $87,000 $203,000
2023 $4,125 $290,000 $87,000 $203,000
2022 $2,599 $290,000 $87,000 $203,000
2021 $2,596 $290,000 $87,000 $203,000
2020 $2,446 $276,667 $0 $0
2019 $2,294 $263,333 $0 $0
2018 $2,149 $250,000 $75,000 $175,000
2017 $2,932 $250,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Aldo Figueroa

    Seller's Agent in 2022

    Aldo Figueroa

    RE/MAX

    (410) 929-4409

    1 in this area

    111 Total Sales

    Aldo Figueroa
    Section Image
  • Brian G Mason

    Buyer's Agent in 2022

    Brian G Mason

    Signature Move Real Estate

    (540) 314-8754

    1 in this area

    106 Total Sales

    Brian G Mason
    Section Image
See All Agents

About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2049734

Bright MLS

APN: 13-03773143

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 805, Silver Spring, MD

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