tomo logo

$399,900

Beds
2
Baths
2.0
sq ft
804

1320 Fenwick Ln Unit 201, Silver Spring, MD 20910

1320 Fenwick Ln Unit 201

SILVER SPRING, MD 20910

  • 23 days on market
    • Open house Nov 16
Discover Your Urban Oasis at The Octave! Nestled in the heart of Silver Spring, this stunning 2-bedroom, 2-bathroom end unit condo offers the perfect blend of modern luxury and convenience. Inside, you'll find a beautifully appointed interior featuring quartz countertops, hardwood floors throughout, in-unit washer/dryer, and separate storage space. Parking garage on Cameron St also has monthly parking passes to rent for your convenience! The Octave offers an array of amenities to enhance your lifestyle, including a 24/7 concierge, a stylish lobby with a fireplace, free Wi-Fi in common areas, a bike storage room, a fitness center, a sky lounge, and a rooftop deck with panoramic views of downtown Silver Spring. Experience the best of Silver Spring living with easy access to the Silver Spring Metro Station (including the upcoming Purple Line), Mom's Organic Market, the Montgomery County Aquatic and Recreation Center, and a vibrant array of shops, restaurants, farmers' markets, music venues, and more. Don't miss this opportunity to own a truly exceptional condo in one of Silver Spring's most sought-after communities. Schedule your private tour today!

Details

Property type

Condominium

Est. home value

$409,394

Lot size

Unknown

Price per sq ft

$498

Year built

2016

Annual property taxes

$4,960

HOA

No

Price History

10/23/2024
Bright

Bright #MDMC2153428

Listed
$399,900
+11.08%
08/19/2022
Bright

Bright #MDMC2060566

Sold
$360,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

MONTGOMERY COUNTY PUBLIC SCHOOLS

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$5,799
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$362,109
Cash to seller
$5,799

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

First Home Mortgage Corp

Loan start date

August 2022

Original loan amount

$372,960

Est. remaining balance

$362,109

Interest rate

5.7%

Loan type

VA, 30 year

Seller

Raphael Aquino

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/15/2024 at 12:50 AM

Listing updated: 11/14/2024 at 4:44 PM

Listed by: Barak Sky, Long & Foster Real Estate, Inc. Phone #: (240) 497-1700

MLS: Bright #MDMC2153428

Bright logo