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$269,900

Beds
1
Baths
1.0
sq ft
569

1320 Fenwick Ln Unit 609, Silver Spring, MD 20910

1320 Fenwick Ln Unit 609

SILVER SPRING, MD 20910

  • 100 days on market
    • Open house Nov 17
**Seller to provide 6 month parking credit to Buyer** Pristine 1 bedroom, 1 bath condo only one block to the Red Line Silver Spring Metro Station and upcoming Purple Line!  Newly built in 2016, this highly amenitized building is a dream with in-unit, full size washer and dryer, sliding privacy door for the bedroom, quartz countertops, wood floors, upgraded, stainless appliances, and additional separate storage unit. This is the largest one bedroom tier in the building with a park view and smartly laid out for the space needed for today's living.  You’ll love the fantastic morning light with its east facing direction, perfect for coffee on your private balcony. The extra value is in the building amenities, including a 7 day/week concierge, attractive lobby with fireplace, free wi-fi in the common areas, main level bike storage room, fitness room, separate and secure storage, sky lounge, and roof top deck with western views to downtown Bethesda and the Mormon Temple. In addition to the convenient Metro access, you have a new Mom's Organic Market opening this Fall around the corner, the new Montgomery County Aquatic and Recreation Center across the street with free fitness facilities, shopping, dining, Farmer’s markets, music venues, and more! Enjoy city living at its finest and what Fortune Magazine calls the “BEST PLACE TO LIVE FOR FAMILIES” in the U.S..

Details

Property type

Condominium

Est. home value

$278,769

Lot size

Unknown

Price per sq ft

$475

Year built

2016

Annual property taxes

$2,893

HOA

No

Price History

08/08/2024
Bright

Bright #MDMC2143024

Listed
$269,900
+2.62%
10/04/2019
Bright

Bright #MDMC651306

Sold
$263,000
+2.33%
07/30/2018
Bright

Bright #1000478486

Sold
$257,000

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

$111,120
Asking price
$269,900
Closing costs (~8% of asking)
-$21,592
Est. remaining loan balance
-$137,188
Cash to seller
$111,120

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

Seller’s Loan History

Lender

Nexbank Ssb

Loan start date

October 2019

Original loan amount

$153,000

Est. remaining balance

$137,188

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Gail A Schulte

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 12:55 AM

Listing updated: 11/12/2024 at 5:09 PM

Listed by: Andrea S Alderdice, Long & Foster Real Estate, Inc. Phone #: (240) 497-1700

MLS: Bright #MDMC2143024

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