Octave 1320 1320 Fenwick Ln Unit 201 Silver Spring, MD 20910
Downtown Silver Spring Neighborhood
2
Beds
2
Baths
804
Sq Ft
$667/mo
HOA Fee
Highlights
- Concierge
- Fitness Center
- Contemporary Architecture
- Woodlin Elementary School Rated A-
- Open Floorplan
- 4-minute walk to Woodside Urban Park
About This Home
As of August 2022Light-filled 2-bedroom apartment in The Octave Condominium is one of Downtown Silver Spring's most desirable buildings. This well-kept corner unit is on the second floor, featuring an open concept floor plan with wood floors, a washer/dryer combo, floor-to-ceiling windows, modern bathrooms, and a luxurious kitchen. This pet-friendly building offers a front desk with a day porter, a full gym, a bicycle room, a sky lounge, and a rooftop deck with outstanding views of Downtown Silver Spring. Incredible location, within a 6 min walk to the metro station, and walking distance of Whole Foods Supermarket, Safeway, Starbucks, movie theater, restaurants, shopping center, farmer's markets, music venues, and the soon-to-come Montgomery County Aquatic Center. Public parking is available on Cameron St behind the building for free on weekends, holidays, and overnight during business days; during the remaining times, a monthly parking ticket can be purchased from the county website. Separate storage unit included!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,696
Year Built
- Built in 1964
Lot Details
- Two or More Common Walls
- Property is in very good condition
HOA Fees
- $667 Monthly HOA Fees
Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Brick Exterior Construction
Interior Spaces
- 804 Sq Ft Home
- Property has 1 Level
- Open Floorplan
- Recessed Lighting
- Combination Kitchen and Living
- Wood Flooring
- Intercom
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Built-In Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Schools
- Woodlin Elementary School
- Sligo Middle School
- Albert Einstein High School
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Electric Water Heater
Additional Features
- Accessible Elevator Installed
Listing and Financial Details
- Assessor Parcel Number 161303772321
Community Details
Overview
- Association fees include water, common area maintenance, recreation facility, reserve funds, sewer, snow removal
- Mid-Rise Condominium
- The Octave Condos, Phone Number (301) 378-8139
- The Octave Codm Community
- 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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 15, 2022
Closed on
Aug 18, 2022
Sold by
Pajuelo Wilfredo L
Bought by
Aquino Raphael
Seller's Agent
Amalia Morales Garicoits
RLAH @properties
Buyer's Agent
Zach Yelton
Samson Properties
List Price
$370,000
Sold Price
$360,000
Premium/Discount to List
-$10,000
-2.7%
Views
5
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$372,960
Outstanding Balance
$359,490
Interest Rate
5.54%
Mortgage Type
VA
Estimated Equity
$35,923
Purchase Details
Closed on
Jun 1, 2016
Sold by
1320 Residences Llc
Bought by
Pajuelo Wilfredo L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,920
Interest Rate
3.61%
Mortgage Type
New Conventional
Similar Homes in Silver Spring, MD
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $360,000 | -- | |
| Deed | $329,900 | Closeline Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $372,960 | VA | |
| Previous Owner | $263,920 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2025 06/04/25 | For Sale | $400,000 | 0.0% | $498 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $400,000 | +11.1% | $498 / Sq Ft |
| 08/19/2022 08/19/22 | Sold | $360,000 | -2.7% | $448 / Sq Ft |
| 07/22/2022 07/22/22 | Pending | -- | -- | -- |
| 07/15/2022 07/15/22 | For Sale | $370,000 | 0.0% | $460 / Sq Ft |
| 01/29/2021 01/29/21 | Rented | $1,850 | -14.0% | -- |
| 12/19/2020 12/19/20 | Price Changed | $2,150 | -4.4% | $3 / Sq Ft |
| 12/18/2020 12/18/20 | For Rent | $2,250 | 0.0% | -- |
| 01/01/2020 01/01/20 | Rented | $2,250 | 0.0% | -- |
| 12/16/2019 12/16/19 | Under Contract | -- | -- | -- |
| 12/03/2019 12/03/19 | For Rent | $2,250 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,960 | $420,000 | $126,000 | $294,000 |
| 2023 | $4,942 | $418,333 | $0 | $0 |
| 2022 | $4,720 | $416,667 | $0 | $0 |
| 2021 | $4,696 | $415,000 | $124,500 | $290,500 |
| 2020 | $4,341 | $383,333 | $0 | $0 |
| 2019 | $3,290 | $351,667 | $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
-
Benjamin Nash
Seller's Agent in 2025
Benjamin Nash
Samson Properties
(202) 644-1100
116 Total Sales
-
Amalia Morales Garicoits
Seller's Agent in 2022
Amalia Morales Garicoits
Real Living at Home
(202) 957-8021
1 in this area
102 Total Sales
-
Zach Yelton
Buyer's Agent in 2022
Zach Yelton
Samson Properties
(571) 762-6440
1 in this area
45 Total Sales
-
Ana Maria Menendez
Seller's Agent in 2021
Ana Maria Menendez
Compass
(240) 460-4555
61 Total Sales
About Octave 1320
Map
Source: Bright MLS
MLS Number: MDMC2060566
APN: 13-03772321
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