NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 806 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $255,000 - $362,000

1 Bed
1 Bath
460 Sq Ft
$334/mo HOA Fee

Highlights

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

About This Home

As of October 2020

TOP FLOOR! Penthouse 1BR/1BA condo just steps to the Silver Spring Metro. Balcony with views of the Mormon Temple, National Cathedral and spectacular sunsets. Highly amenitized building w/contemporary finishes, lobby/club rm, fitness rm, sky lounge, roof terrace, bike rm, concierge, quartz ctops, wood floors & full size w/d in unit! Includes storage space. 700 minimum credit score and no significant credit issues within the last 5 years.

Last Agent to Rent the Property

Andrea Alderdice

(301) 466-5898 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 09/11/2020

Long & Foster Real Estate, Inc.

Last Renter's Agent

Andrea Alderdice

(301) 466-5898 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 09/11/2020

Long & Foster Real Estate, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,432

Year Built

  • Built in 2016

HOA Fees

  • $334 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 8th floor
  • Brick Exterior Construction
  • Cool or White Roof
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 460 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Sliding Doors
  • Combination Kitchen and Dining Room
  • Wood Flooring
  • Exterior Cameras

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

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

Parking

  • Parking Lot
  • Off-Site Parking
  • Rented or Permit Required

Accessible Home Design

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

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Utilities

  • Heat Pump System
  • Natural Gas Water Heater

Additional Features

  • Property is in very good condition

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,550
  • $300 Move-In Fee
  • Tenant pays for electricity, gas, light bulbs/filters/fuses/alarm care
  • Rent includes additional storage space, water, sewer, trash removal, hoa/condo fee, common area maintenance
  • No Smoking Allowed
  • 12-Month Lease Term
  • Available 9/11/20
  • $55 Application Fee
  • Assessor Parcel Number 161303773154

Community Details

Overview

  • Association fees include water, sewer, trash, snow removal, management, exterior building maintenance
  • Mid-Rise Condominium
  • Octave 1320 Condominiums, Phone Number (301) 378-8139
  • The Octave 1320 Community
  • Downtown Silver Spring Subdivision
  • Property Manager

Amenities

  • Concierge
  • Party Room

Recreation

Pet Policy

  • No Pets Allowed

Security

  • Front Desk in Lobby
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,432

Year Built

Built in 2016

Lot Details

0

HOA Fees

$334 per month

Rental Info

  • Date Available: 2020-09-11
  • Application Fee: 55.00
  • Lease Term: 12 Months
  • Pets Allowed: No
  • Rent Includes: Additional Storage Space, Water, Sewer, Trash Removal, Hoa/Condo Fee, Common Area Maintenance
  • Security Deposit: 1550.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Electricity, Gas, Light Bulbs/Filters/Fuses/Alarm Care
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 12
  • Min Lease in Months: 12
  • Move In Fee: 300.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator, Doors - Lever Handle(s), Level Entry - Main, 32"+ Wide Doors
  • New Construction: No
  • Story List: Main
  • Year Built: 2016
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading
  • Entry Floor: 8
  • Interior Amenities: Combination Kitchen/Dining, Entry Level Bedroom, Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Door Features: Sliding Glass
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 460
  • Living Area Sq Ft: 460
  • Price Per Sq Ft: 3.37
  • 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
  • Construction Materials: Brick, Aluminum Siding, Stone
  • Roof: Cool/White
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Rented/Permit Required
  • Type Of Parking: Off Site, Parking Lot

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Fire Detection System, Main Entrance Lock, Sprinkler System - Indoor, Smoke Detector, Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 333.91
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: Octave 1320 Condominiums
  • Condo Co-Op Phone: 301-378-8139
  • HOA Condo Co-Op Amenities: Concierge, Elevator, Exercise Room, Extra Storage, Party Room
  • HOA Condo Co-Op Fee Includes: Water, Sewer, Trash, Snow Removal, Management, Ext Bldg Maint
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Green Features

  • Efficiency: Hvac, Lighting, Appliances

Lot Info

  • Outdoor Living Structures: Balcony
  • Property Condition: Very Good
  • Zoning: CR-5.0 C-4.0 R-4.75 H-14

Tax Info

  • Assessor Parcel Number: 14125283
  • Assessor Parcel Number: 161303773154

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2016
Sold by
1320 Residences Llc
Bought by
Shams Tanzid
Current Estimated Value
$287,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$211,958
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$75,409
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shams Tanzid $265,000 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shams Tanzid $265,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Rented $1,550 0.0% --
09/11/2020 09/11/20 For Rent $1,550 0.0% --
07/30/2019 07/30/19 Rented $1,550 0.0% --
07/25/2019 07/25/19 Under Contract -- -- --
07/11/2019 07/11/19 For Rent $1,550 0.0% --
07/25/2018 07/25/18 Rented $1,550 0.0% --
07/20/2018 07/20/18 Under Contract -- -- --
07/06/2018 07/06/18 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 $3,432 $280,000 $84,000 $196,000
2024 $3,432 $290,000 $87,000 $203,000
2023 $3,433 $290,000 $87,000 $203,000
2022 $2,337 $290,000 $87,000 $203,000
2021 $5,192 $290,000 $87,000 $203,000
2020 $3,138 $276,667 $0 $0
2019 $20 $263,333 $0 $0
2018 $2,822 $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

  • Andrea Alderdice

    Landlord's Agent in 2020

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    20 in this area

    96 Total Sales

    Andrea Alderdice
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC725302

Bright MLS

APN: 13-03773154

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 806, Silver Spring, MD

Not Listed for Sale

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