NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 811 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $260,000 - $277,626

1 Bed
1 Bath
549 Sq Ft
$457/mo HOA Fee

Last Sold June 17, 2022

Last sale price $272,500 $496 Per Sq Ft

Current estimated payment $2,244/month

Highlights

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

About This Home

As of June 2022

Built in 2016, this penthouse home located just a couple of blocks from the Silver Spring Metro features engineered hardwood flooring throughout, quartz countertops, stainless appliances, in-unit full size washer & dryer, and balcony that overlooks a treed green space. The many building amenities include a fitness room, roof terrace, bike storage room, sky lounge, concierge and sophisticated lobby with fireplace. Stroll down to the Starbucks for a cup of coffee or stop by one of the many local restaurants, music venues, and farmer markets. You will love the convenience of transportation, shopping and dining all right outside your front door. Includes storage space. Pet friendly!

Last Agent to Sell the Property

Andrea Alderdice

(301) 466-5898 andy4homes@gmail.com Long & Foster Real Estate, Inc. License #508237 Listed on: 04/01/2022

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Kusum Mainigi

(301) 213-3799 kmainigi@yahoo.com Diamond Realty & Property Mgmnt

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,231

Year Built

  • Built in 1964

HOA Fees

  • $457 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 549 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

  • 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

  • Assessor Parcel Number 161303773201

Community Details

Overview

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

Amenities

  • Concierge
  • Party Room

Recreation

Pet Policy

  • Limit on the number of pets
  • 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

$3,231

Year Built

Built in 1964

Lot Details

0

HOA Fees

$457 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Penthouse 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
  • Ownership: Condominium
  • Home Warranty: No
  • Inclusions: Storage Included In ListPrice, Storage Included In SalePrice
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2022-04-01
  • Federal Flood Zone: No
  • Year Built: 1964
  • Automatically Close On Close Date: Yes
  • Remarks Public: Built in 2016, this penthouse home located just a couple of blocks from the Silver Spring Metro features engineered hardwood flooring throughout, quartz countertops, stainless appliances, in-unit full size washer & dryer, and balcony that overlooks a treed green space. The many building amenities include a fitness room, roof terrace, bike storage room, sky lounge, concierge and sophisticated lobby with fireplace. Stroll down to the Starbucks for a cup of coffee or stop by one of the many local restaurants, music venues, and farmer markets. You will love the convenience of transportation, shopping and dining all right outside your front door. Includes storage space. Pet friendly!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer - Front Loading, Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading
  • Entry Floor: 8
  • Flooring Type: Wood
  • 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: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 549
  • Living Area Sq Ft: 549
  • Price Per Sq Ft: 506.19
  • 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
  • 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

Utilities

  • Refuse: 17.29
  • 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, Carbon Monoxide Detector(s), Exterior Cameras
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 457.00
  • Condo Co-Op Fee Frequency: Monthly
  • 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: No
  • Senior Community: No

Schools

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

Green Features

  • Efficiency: Hvac, Lighting, Appliances
  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 248500.00
  • Land Assessed Value: 106500.00
  • Land Use Code: U
  • Outdoor Living Structures: Balcony, Roof
  • Property Condition: Very Good
  • Year Assessed: 2022
  • Zoning: CR-5.0 C-4.0 R-4.75 H-14
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: Number Limit, Dogs Ok, Cats Ok
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Assessor Parcel Number: 14125090
  • Tax Annual Amount: 3231.00
  • Assessor Parcel Number: 161303773201
  • Tax Total Finished Sq Ft: 549
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 06/17/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jun 17, 2022
Sold by
Rebecca Bauer
Bought by
Cherian Amelia Anna
Seller's Agent
Andrea Alderdice
Long & Foster Real Estate, Inc.
Buyer's Agent
Kusum Mainigi
Diamond Realty & Property Mgmnt
List Price
$277,900
Sold Price
$272,500
Premium/Discount to List
-$5,400
-1.94%
Current Estimated Value
$271,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$593
Avg. Annual Appreciation
-0.07%
Original Mortgage
$242,500
Outstanding Balance
$230,700
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$41,207

Purchase Details

Closed on
May 10, 2017
Sold by
1320 Residences Llc
Bought by
Bauer Rebecca Faith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Cherian Amelia Anna $272,500 Anselmi Nicholas P
Bauer Rebecca Faith $287,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cherian Amelia Anna $242,500
Previous Owner Bauer Rebecca Faith $197,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2022 06/17/22 Sold $272,500 -1.9% $496 / Sq Ft
05/11/2022 05/11/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $277,900 0.0% $506 / Sq Ft
08/29/2021 08/29/21 Rented $1,650 0.0% --
08/24/2021 08/24/21 Under Contract -- -- --
08/09/2021 08/09/21 For Rent $1,650 -- --
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 $4,196 $300,000 $90,000 $210,000
2024 $4,196 $355,000 $106,500 $248,500
2023 $3,231 $331,667 $0 $0
2022 $3,498 $308,333 $0 $0
2021 $2,540 $285,000 $85,500 $199,500
2020 $3,232 $285,000 $85,500 $199,500
2019 $3,230 $285,000 $85,500 $199,500
2018 $2,939 $320,000 $96,000 $224,000
2017 $3,736 $320,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Alderdice

    Seller's Agent in 2022

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    19 in this area

    99 Total Sales

    Andrea Alderdice
    Section Image
  • Kusum Mainigi

    Buyer's Agent in 2022

    Kusum Mainigi

    Diamond Realty & Property Mgmnt

    (301) 213-3799

    1 in this area

    29 Total Sales

    Kusum Mainigi
    Section Image
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About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2044024

Bright MLS

APN: 13-03773201

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 811, Silver Spring, MD

This home is located at 1320 Fenwick Ln Unit 811, Silver Spring, MD 20910 since 01 April 2022 and is currently estimated at $271,907, approximately $495 per square foot. This property was built in 1964. 1320 Fenwick Ln Unit 811 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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