$279,900
SOLD SEP 24, 2021
1 Bed
1 Bath
549 Sq Ft
$415/mo HOA Fee

Recently Sold

$510 Per Sq Ft

63 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Party Room
  • Woodlin Elementary School Rated A-
  • Contemporary Architecture
  • 4-minute walk to Woodside Urban Park

About This Home

As of July 2024

Beautiful Penthouse level condo flooded with natural light in The Octave! Junior 1-bedroom features sliding doors for bedroom privacy, hardwood floors throughout, and cute private balcony large enough for table/chairs! Kitchen with stainless steal appliances, great cabinet and counter space, and gas cooking. Large and open living/dining room with plenty of space for desk/work-at-home office space. Washer/dryer in-unit, spacious bathroom, TONS of closet space, plus a bonus extra storage unit in the building! Pet friendly building includes concierge, fitness room/gym, expansive common roof deck, party room/lounge, and huge bike storage room! Easy garage parking next door and quick commute to the Silver Spring Metro!

Last Agent to Sell the Property

Jay Barry

Compass Listed on: 05/13/2021

Compass

Last Buyer's Agent

Samuel (Sam) Partman

Samson Properties

Samson Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,775

Year Built

  • Built in 1964

HOA Fees

  • $415 Monthly HOA Fees

Parking

  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Aluminum Siding
  • Stone Siding

Interior Spaces

  • 549 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Gas Oven or Range
  • Built-In Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

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, management, reserve funds, sewer, snow removal, trash, water
  • Mid-Rise Condominium
  • The Octave Codm Community
  • Downtown Silver Spring Subdivision

Amenities

  • Concierge
  • Party Room

Recreation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,775

Year Built

Built in 1964

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary
  • Accessibility Features: Elevator
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Automatically Close On Close Date: No
  • Remarks Public: Beautiful Penthouse level condo flooded with natural light in The Octave! Junior 1-bedroom features sliding doors for bedroom privacy, hardwood floors throughout, and cute private balcony large enough for table/chairs! Kitchen with stainless steal appliances, great cabinet and counter space, and gas cooking. Large and open living/dining room with plenty of space for desk/work-at-home office space. Washer/dryer in-unit, spacious bathroom, TONS of closet space, plus a bonus extra storage unit in the building! Pet friendly building includes concierge, fitness room/gym, expansive common roof deck, party room/lounge, and huge bike storage room! Easy garage parking next door and quick commute to the Silver Spring Metro!
  • Washer Dryer Hookups YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Entry Floor: 8
  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Has Laundry, Washer In Unit
  • Total Sq Ft: 549
  • Living Area Sq Ft: 549
  • Price Per Sq Ft: 509.84
  • 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
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 16.06
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • 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: 415.33
  • 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: Common Area Maintenance, Ext Bldg Maint, Management, Reserve Funds, Sewer, Snow Removal, Trash, Water
  • HOA: No
  • Senior Community: No

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 252000.00
  • Land Assessed Value: 108000.00
  • Land Use Code: 011
  • Year Assessed: 2021
  • Zoning: PER TAX RECORD
  • In City Limits: No

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14125950
  • Tax Annual Amount: 3775.00
  • Assessor Parcel Number: 161303773212
  • Tax Total Finished Sq Ft: 549
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 09/24/2021

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
$297,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,606
Avg. Annual Appreciation
15.05%
Original Mortgage
$195,000
Outstanding Balance
$193,525
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$108,553

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:

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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 Type Sale Price Title Company
Deed $260,000 Stewart Title
Deed $279,900 Cardinal Title Group Llc
Deed $301,000 Closeline Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,000 New Conventional
Previous Owner $274,829 FHA
Previous Owner $272,000 New Conventional
Previous Owner $286,053 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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Map

Source: Bright MLS

MLS Number: MDMC754620

Bright MLS

APN: 13-03773212