NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 812 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $261,000 - $275,791

1 Bed
1 Bath
549 Sq Ft
$556/mo HOA Fee

Last Sold July 12, 2024

Last sale price $260,000 $474 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,315/month

14 Days on Market

Highlights

  • Bar or Lounge
  • Fitness Center
  • Elevator
  • Woodlin Elementary School Rated A-
  • Contemporary Architecture
  • 4-minute walk to Woodside Urban Park

About This Home

As of July 2024

BACK ON THE MARKET!! ATTENTION BUYERS!! Assumable FHA Mortgage at a 3.625% interest rate!! This space is modern, convenient and functional! The space includes washer/dryer in-home, one large bedroom closet, one large storage closet, and a bathroom with standup shower. The kitchen has stainless steel appliances. Calling all minimalists!!! The building has key-fob entry. There are many building amenities which include a fitness room, roof terrace, bike storage room, separate unit storage, sky lounge, 7 day/week 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’s markets, and local fitness centers in the area as well. You’ll love the convenience of transportation, parking, shopping and dining all right outside your front door, and the new 2024 State of the Art MoCo Recreation/Aquatic Center across the street too!

Last Agent to Sell the Property

Reginald Sidbury

(240) 367-2745 reggie.neal@outlook.com Smart Realty, LLC. License #5007877 Listed on: 06/01/2024

Smart Realty, LLC.

Last Buyer's Agent

Jennifer Dameika

(202) 604-1209 jennifersellsdc@gmail.com RLAH @properties License #0225247490

RLAH @properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,890

Year Built

  • Built in 1964 | Remodeled in 2016

Lot Details

  • Property is in very good condition

HOA Fees

  • $556 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 8th floor
  • Brick Exterior Construction
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 549 Sq Ft Home
  • Property has 1 Level
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • On-Street Parking
  • Parking Fee

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 161303773212

Community Details

Overview

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

Amenities

  • Common Area
  • Bar or Lounge
  • Elevator

Recreation

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,890

Year Built

Built in 1964 | Remodeled in 2016

Lot Details

0

HOA Fees

$556 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-06-01
  • Federal Flood Zone: No
  • Year Built: 1964
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Stainless Steel Appliances
  • Entry Floor: 8
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 549
  • Living Area Sq Ft: 549
  • Price Per Sq Ft: 473.59
  • 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: Aluminum Siding, Brick, Stone
  • Spa: No
  • 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
  • Type Of Parking: On Street

Utilities

  • Refuse: 17.29
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 556.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Exercise Room, Elevator, Fitness Center, Common Grounds, Bar/Lounge
  • HOA Condo Co-Op Fee Includes: Common Area Maintenance, Ext Bldg Maint, Water, Snow Removal, Sewer
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: Yes

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Property Condition: Very Good
  • Zoning: CBD-2
  • In City Limits: No

Rental Info

  • Pets Allowed: No
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 4890.00
  • Assessor Parcel Number: 161303773212
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jul 12, 2024
Sold by
Mallory Tyrell D
Bought by
Milante Ruth
Seller's Agent
Reginald Sidbury
Smart Realty, LLC.
Buyer's Agent
Jennifer Dameika
RLAH @properties
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Views
41
Current Estimated Value
$267,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,448
Avg. Annual Appreciation
2.08%
Original Mortgage
$195,000
Outstanding Balance
$192,671
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$74,777

Purchase Details

Listed on
May 13, 2021
Closed on
Sep 24, 2021
Sold by
Shankar Jaishri
Bought by
Mallory Tyrell D
Seller's Agent
Jay Barry
Compass
Buyer's Agent
Samuel (Sam) Partman
Samson Properties
List Price
$279,900
Sold Price
$279,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.60%
Original Mortgage
$274,829
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 8, 2016
Sold by
1320 Residences Llc
Bought by
Shankar Jaishri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,053
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Milante Ruth $260,000 Stewart Title
Milante Ruth $260,000 Stewart Title
Mallory Tyrell D $279,900 Cardinal Title Group Llc
Shankar Jaishri $301,000 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milante Ruth $195,000
Closed Milante Ruth $195,000
Previous Owner Mallory Tyrell D $274,829
Previous Owner Shankar Jaishri $286,053
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/12/2024 07/12/24 Sold $260,000 0.0% $474 / Sq Ft
07/05/2024 07/05/24 Price Changed $260,000 -1.9% $474 / Sq Ft
06/16/2024 06/16/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $265,000 -5.3% $483 / Sq Ft
09/24/2021 09/24/21 Sold $279,900 0.0% $510 / Sq Ft View Prior Sale
05/13/2021 05/13/21 For Sale $279,900 -- $510 / Sq Ft
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 $4,890 $355,000 $106,500 $248,500
2022 $3,332 $355,000 $106,500 $248,500
2021 $3,384 $360,000 $108,000 $252,000
2020 $3,235 $346,667 $0 $0
2019 $3,083 $333,333 $0 $0
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

  • R

    Seller's Agent in 2024

    Reginald Sidbury

    Smart Realty, LLC.

    (240) 367-2745

    1 in this area

    4 Total Sales

    Reginald Sidbury
    Section Image
  • Jennifer Dameika

    Buyer's Agent in 2024

    Jennifer Dameika

    Real Living at Home

    (202) 604-1209

    1 in this area

    43 Total Sales

    Jennifer Dameika
    Section Image
  • Jay Barry

    Seller's Agent in 2021

    Jay Barry

    Compass

    (703) 517-7492

    1 in this area

    97 Total Sales

    Jay Barry
    Section Image
  • Samuel (Sam) Partman

    Buyer's Agent in 2021

    Samuel (Sam) Partman

    Samson Properties

    (202) 390-5612

    1 in this area

    10 Total Sales

    Samuel (Sam) Partman
    Section Image
See All Agents

About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2134052

Bright MLS

APN: 13-03773212

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 812, Silver Spring, MD

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes