NOT LISTED FOR SALE

Octave 1320 1320 Fenwick Ln Unit 309 Silver Spring, MD 20910

Downtown Silver Spring Neighborhood

Estimated Value: $270,000 - $363,000

1 Bed
1 Bath
569 Sq Ft
2016 Built

Highlights

  • Concierge
  • Bar or Lounge
  • View of Trees or Woods
  • Woodlin Elementary School Rated A-
  • Fitness Center
  • 4-minute walk to Woodside Urban Park

About This Home

As of October 2022

FOR RENT - Modern, contemporary 1BR Flat located in the heart of downtown Silver Spring. Features incl; an open floor plan, SS appliances, granite, sliding door partitions, in unit w/d, ashe-coffee hardwood floors, & private balcony. Bldg amenities incl: sky lounge, rooftop terrace, fitness facility, storage bin, bike room & more. Short walk to Metro, Wholefoods, Shoppes, Downtown SS & more. App fee 42.50/pp. Strong credit/rental history/employment preferred. 2+ yr lease option is available. Freshly painted & Ready for Immediate Occupancy.

Last Agent to Rent the Property

Maurice Berry

Washington Realty Centre, LLC. License #0225077042 Listed on: 08/26/2022

Last Renter's Agent

Janis Reid

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 2016

Lot Details

  • Two or More Common Walls
  • Northeast Facing Home
  • Property is in very good condition

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 569 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • ENERGY STAR Qualified Windows
  • Window Treatments
  • Sliding Doors
  • Combination Kitchen and Living
  • Wood Flooring
  • Views of Woods
  • Alarm System

Kitchen

  • Gas Oven or Range
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Front Loading Dryer
  • ENERGY STAR Qualified Washer

Parking

  • Public Parking
  • Off-Site Parking

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Vented Exhaust Fan
  • 220 Volts
  • Natural Gas Water Heater
  • Municipal Trash
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Urban Location

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,675
  • $300 Move-In Fee
  • Tenant pays for light bulbs/filters/fuses/alarm care, minor interior maintenance, all utilities, windows/screens
  • The owner pays for real estate taxes, management
  • Rent includes common area maintenance, hoa/condo fee, trash removal, water, sewer
  • No Smoking Allowed
  • 24-Month Min and 36-Month Max Lease Term
  • Available 9/1/22
  • $43 Application Fee
  • $100 Repair Deductible
  • Assessor Parcel Number 161303772536

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, insurance, reserve funds, sewer, water, trash, snow removal
  • Mid-Rise Condominium
  • The Octave Condominium Condos
  • Built by Octave 1320
  • The Octave 1320 Community
  • Silver Spring Subdivision
  • Property Manager

Amenities

  • Concierge
  • Common Area
  • Community Center
  • Party Room
  • Bar or Lounge
  • 2 Elevators

Recreation

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $500
  • $100 Monthly Pet Rent

Security

  • Front Desk in Lobby

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,197

Year Built

Built in 2016

Lot Details

0

Rental Info

  • Date Available: 2022-09-01
  • Application Fee: 42.50
  • Lease Term: 24 Months
  • Monthly Pet Rent: 100.00
  • Owner Pays: Taxes - Real Estate, Management
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Common Area Maintenance, Hoa/Condo Fee, Trash Removal, Water, Sewer
  • Security Deposit: 1675.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Utilities - All, Windows/Screens
  • Vacation Rental: No
  • Property Manager: Yes
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Move In Fee: 300.00
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Mid-Rise 5 - 8 Floors
  • Architectural Style: Contemporary, Unit/Flat
  • Accessibility Features: Elevator
  • Historic: No
  • New Construction: No
  • Story List: Main
  • Federal Flood Zone: No
  • Year Built: 2016
  • Year Renovated: 2016
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: FOR RENT - Modern, contemporary 1BR Flat located in the heart of downtown Silver Spring. Features incl; an open floor plan, SS appliances, granite, sliding door partitions, in unit w/d, ashe-coffee hardwood floors, & private balcony. Bldg amenities incl: sky lounge, rooftop terrace, fitness facility, storage bin, bike room & more. Short walk to Metro, Wholefoods, Shoppes, Downtown SS & more. App fee 42.50/pp. Strong credit/rental history/employment preferred. 2+ yr lease option is available. Freshly painted & Ready for Immediate Occupancy.
  • Repair Deductible: 100.00
  • Washer Dryer Hookups YN: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Dishwasher, Disposal, Dryer - Front Loading, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Refrigerator, Exhaust Fan, Microwave, Oven/Range - Gas, Refrigerator, Washer - Front Loading
  • Entry Floor: 3
  • Flooring Type: Hardwood
  • Interior Amenities: Combination Kitchen/Living, Upgraded Countertops, Window Treatments, Wood Floors, Floor Plan - Open
  • Window Features: Energy Star Qualified
  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Door Features: Sliding Glass
  • Elevators Count: 2
  • Wall Ceiling Types: 9'+ Ceilings
  • Foundation Details: Concrete Perimeter
  • Floors In Unit Count: 8
  • Levels Count: 1
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 569
  • Living Area Sq Ft: 569
  • Price Per Sq Ft: 2.94
  • Above Grade Finished Sq Ft: 569
  • 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
  • Road Surface Type: Black Top
  • Roof: Unknown
  • Spa: No
  • View: Street, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 220 Volts
  • Heating Fuel: Electric
  • Heating Type: Forced Air, Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Desk In Lobby, Electric Alarm, Main Entrance Lock, Security System
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public
  • Municipal Trash: Yes
  • Internet Services: Cable, Fiber Optic

Condo/Co-op/Association

  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee Frequency: Monthly
  • Condo Co-Op Name: The Octave Condominium
  • HOA Condo Co-Op Amenities: Bar/Lounge, Common Grounds, Concierge, Elevator, Extra Storage, Fitness Center, Party Room, Community Center, Exercise Room
  • HOA Condo Co-Op Fee Includes: Management, Insurance, Reserve Funds, Sewer, Water, Trash, Snow Removal
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809

Green Features

  • Efficiency: Hvac, Lighting, Appliances

Lot Info

  • Horses: No
  • Outdoor Living Structures: Balcony
  • Property Attached Yn: Yes
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Building Info

  • Builder Name: Octave 1320

Tax Info

  • Assessor Parcel Number: 14124991
  • Assessor Parcel Number: 161303772536
  • Close Date: 10/01/2022

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2016
Sold by
1320 Residences Llc
Bought by
Morgan Jamelia
Current Estimated Value
$297,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Outstanding Balance
$163,817
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$128,751
Source: Public Records

Range of Values:

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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
Morgan Jamelia $225,000 Closeline Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Jamelia $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2022 10/01/22 Rented $1,600 -4.5% --
09/30/2022 09/30/22 Under Contract -- -- --
08/26/2022 08/26/22 For Rent $1,675 +4.7% --
07/27/2020 07/27/20 Rented $1,600 0.0% --
07/23/2020 07/23/20 Under Contract -- -- --
07/13/2020 07/13/20 For Rent $1,600 +3.2% --
06/07/2019 06/07/19 Rented $1,550 0.0% --
05/19/2019 05/19/19 Under Contract -- -- --
05/10/2019 05/10/19 For Rent $1,550 0.0% --
05/12/2017 05/12/17 Rented $1,550 -3.1% --
05/12/2017 05/12/17 Under Contract -- -- --
04/14/2017 04/14/17 For Rent $1,600 -- --
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 $3,197 $255,000 $76,500 $178,500
2024 $3,197 $270,000 $81,000 $189,000
2023 $3,198 $270,000 $81,000 $189,000
2022 $2,176 $270,000 $81,000 $189,000
2021 $3,062 $270,000 $81,000 $189,000
2020 $2,913 $256,667 $0 $0
2019 $2,761 $243,333 $0 $0
2018 $2,615 $230,000 $69,000 $161,000
2017 $2,702 $230,000 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2022

    Maurice Berry

    Washington Realty Centre, LLC.

    (301) 775-6609

    23 Total Sales

    Maurice Berry
    Section Image

  • J

    Tenant's Agent in 2022

    Janis Reid

    Coldwell Banker Realty

    Section Image
See All Agents

About Octave 1320

Map

Source: Bright MLS

MLS Number: MDMC2066782

Bright MLS

APN: 13-03772536

Maryland Montgomery County Silver Spring 20910 Downtown Silver Spring

1320 Fenwick Ln Unit 309, Silver Spring, MD

This home is located at 1320 Fenwick Ln Unit 309, Silver Spring, MD 20910 since 26 August 2022 and is currently priced at $297,748. This property was built in 2016. 1320 Fenwick Ln Unit 309 is a home located in Montgomery County with nearby schools including Woodlin Elementary School, Sligo Middle School, and Albert Einstein High School.

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