NOT LISTED FOR SALE

Estimated Value: $308,389

Studio
1 Bath
569 Sq Ft
1964 Built

Highlights

  • Central Air
  • Heat Pump System
  • High-Rise Community
  • Woodlin Elementary School Rated A-

About This Home

As of July 2022

Luxury studio/ one bath Living at The Octave building in the heart of Downtown Silver Spring! Beautiful open floor plan, high-end finishes, stainless steel appliances & hardwood throughout! Front loading washer/dryer in unit & large closets. Building features communal indoor bike storage, rooftop lounge and sundeck. Stunning views of Downtown Silver Spring! This luxury building is super modern and one of a kind! Seconds to Bus, Metro, Shopping, Restaurants, Starbucks, 7-eleven, The Fillmore, Downtown Silver Spring and SO MUCH MORE! 2 building required Move-in fees apply ($300 non refundable and $500 refundable).

Last Agent to Rent the Property

Vafonazar Mamadnazarov

(703) 382-6884 christina@benchmarkpmgmt.com Benchmark Property Management License #0225239891 Listed on: 07/05/2022

Last Renter's Agent

Andrea Alderdice

(240) 497-1700 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237

Long & Foster Real Estate, Inc.

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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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1964

Home Design

  • Entry on the 8th floor
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 569 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Parking

  • 1 Off-Site Space
  • Parking Fee

Accessible Home Design

  • Accessible Elevator Installed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,675
  • $300 Move-In Fee
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 7/5/22
  • Assessor Parcel Number 161303773187

Community Details

Overview

  • $500 Elevator Use Fee
  • High-Rise Community
  • The Octave Codm Community
  • Downtown Silver Spring Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Condo Details

Home Type

Condominium

Year Built

Built in 1964

Rental Info

  • Date Available: 2022-07-05
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Security Deposit: 1675.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Move In Fee: 300.00
  • Rent Spree Online Application: No

Listing Details

  • Standard Status: Closed
  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Hi-Rise 9+ Floors
  • Architectural Style: Unit/Flat
  • Accessibility Features: Elevator
  • 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
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 569
  • Living Area Sq Ft: 569
  • Price Per Sq Ft: 2.94
  • Above Grade Finished Sq Ft: 569
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Parking Fee
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Site
  • Off Site Number Of Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Elevator Use Fee: 500.00
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Zoning: R

Tax Info

  • Assessor Parcel Number: 14124992
  • Assessor Parcel Number: 161303773187

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 27, 2016
Sold by
1320 Residence Llc
Bought by
Current Estimated Value
$308,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,590
Interest Rate
4.16%
Mortgage Type
VA
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

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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
$260,000 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 $244,164
Closed Scudder Christopher $265,590
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
07/22/2022 07/22/22 Rented $1,675 0.0% --
07/05/2022 07/05/22 For Rent $1,675 -- --
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 $3,972 $335,000 $100,500 $234,500
2024 $4,137 $350,000 $105,000 $245,000
2023 $4,139 $350,000 $105,000 $245,000
2022 $2,821 $350,000 $105,000 $245,000
2021 $3,272 $350,000 $105,000 $245,000
2020 $3,815 $336,667 $0 $0
2019 $2,970 $323,333 $0 $0
2018 $2,826 $310,000 $93,000 $217,000
2017 $3,622 $310,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2059496

Bright MLS

APN: 13-03773187

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