NOT LISTED FOR SALE

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

Downtown Silver Spring Neighborhood

Estimated Value: $258,000 - $288,000

1 Bed
1 Bath
549 Sq Ft
1964 Built

Sale Details

Date Sold: June 17, 2022

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

Est. 1% increase in value since last sale

Current estimated payment $2,209 / mo

39 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • City View
  • Woodlin Elementary School Rated A-
  • Penthouse
  • Open Floorplan

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

(240) 497-1700 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) 983-5999 kmainigi@yahoo.com Diamond Realty & Property Mgmnt

Range of Values:

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Value Increase
--
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

  • $3,231

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

  • Cooling Available
  • 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 Community
  • 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 Sq Ft Lot

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
  • 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

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 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
  • Outdoor Living Structures: Balcony, Roof
  • Property Condition: Very Good
  • 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
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022

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

Listed on
Apr 1, 2022
Closed on
Jun 17, 2022
Sold by
Rebecca Bauer
Bought by
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
$274,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,802
Avg. Annual Appreciation
0.16%
Original Mortgage
$242,500
Outstanding Balance
$227,679
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$46,623

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Silver Spring, MD

  • Eddie Suarez Real Estate Agent - TTR Sotheby's International Realty

    Eddie Suarez

    TTR Sotheby's International Realty

    (202) 929-2620

    79 Total Sales

    1 in Downtown Silver Spring

    $240,000 Price

    Eddie Suarez
     Section Image
  • Teresa Burton Real Estate Agent - Compass

    Teresa Burton

    Compass

    (240) 641-7447

    108 Total Sales

    1 in Downtown Silver Spring

    $415,000 Price

    Teresa Burton
     Section Image
  • Troy Patterson Real Estate Agent - TTR Sotheby's International Realty

    Troy Patterson

    Responds Quickly

    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

    48 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
See All Agents

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
$272,500 Anselmi Nicholas P
Bauer Rebecca Faith $287,500 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 $242,500
Previous Owner Bauer Rebecca Faith $197,500
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
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

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 $2,868 $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 Real Estate Agent - Long & Foster

    Seller's Agent in 2022

    Andrea Alderdice

    Long & Foster

    (301) 466-5898

    15 in this area

    92 Total Sales

    Andrea Alderdice
    Section Image
  • Kusum Mainigi Real Estate Agent - Diamond Realty & Property Mgmnt

    Buyer's Agent in 2022

    Kusum Mainigi

    Diamond Realty & Property Mgmnt

    (301) 213-3799

    1 in this area

    25 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

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