Octave 1320 1320 Fenwick Ln Unit 402 Silver Spring, MD 20910
Downtown Silver Spring Neighborhood
2
Beds
2
Baths
850
Sq Ft
$453/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 June 2024Corner 2 BA/2BA unit with storage in one of the newest bldgs in downtown Sliver Spring. Features quartz countertops, SS appl & floor-to-ceiling wndws. Bldg offers fitness center, indoor/outdoor rftp lounge & bike rm. Located two blocks from SS Metro & convenient to all the shopping, restaurants & nightlife that downtown Silver Spring offers. Rental parking available adjacent to the bldg.
Last Agent to Sell the Property
TTR Sotheby's International Realty License #SP98361034 Listed on: 05/17/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,430
Year Built
- Built in 1964 | Remodeled in 2016
Lot Details
- Property is in very good condition
HOA Fees
- $453 Monthly HOA Fees
Parking
- On-Site Parking for Rent
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Cool or White Roof
- Aluminum Siding
- Stone Siding
Interior Spaces
- Property has 1 Level
- Open Floorplan
- Living Room
- Wood Flooring
- Exterior Cameras
Kitchen
- Gas Oven or Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Front Loading Dryer
- Front Loading Washer
Accessible Home Design
- Accessible Elevator Installed
- Doors are 32 inches wide or more
Utilities
- Heat Pump System
- Vented Exhaust Fan
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 161303772593
Community Details
Overview
- Association fees include water, sewer, trash, snow removal, management, lawn maintenance
- Mid-Rise Condominium
- Built by PROMARK RE
- Octave 1320 Community
- Downtown Silver Spring Subdivision
Amenities
- Concierge
- Party Room
Recreation
Pet Policy
- Pets Allowed
Security
- Security Service
- Front Desk in Lobby
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2024
Closed on
Jun 25, 2024
Sold by
Scruggs Alyssa Dominique
Bought by
Bolters Cleopatra
Seller's Agent
Bryan Kerrigan
Redfin Corp
Buyer's Agent
Tafseer Ahmad
Real Broker, LLC - Gaithersburg
List Price
$405,000
Sold Price
$393,000
Premium/Discount to List
-$12,000
-2.96%
Views
309
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.04%
Original Mortgage
$401,449
Outstanding Balance
$397,395
Interest Rate
7.03%
Mortgage Type
VA
Estimated Equity
-$4,549
Purchase Details
Listed on
May 17, 2018
Closed on
Jun 25, 2018
Sold by
Brenneman Anthony B and Evans Jessica M
Bought by
Scruggs Alyssa Dominique
Seller's Agent
Mansour Abu-Rahmeh
TTR Sotheby's International Realty
Buyer's Agent
Elizabeth Kaiser
Compass
List Price
$399,900
Sold Price
$392,000
Premium/Discount to List
-$7,900
-1.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%
Original Mortgage
$371,450
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 1, 2016
Sold by
1320 Residences Llc
Bought by
Cole Caroline Marie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,900
Interest Rate
3.47%
Purchase Details
Closed on
Jun 3, 2016
Sold by
1320 Residences Llc
Bought by
Brenneman Anthony B and Evans Jessica M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,400
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 | $393,000 | Title Resource Guaranty Compan | |
| Deed | $392,000 | Kvs Title Llc | |
| Deed | -- | -- | |
| Deed | $369,900 | Closeline Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $401,449 | VA | |
| Previous Owner | $368,000 | New Conventional | |
| Previous Owner | $371,450 | New Conventional | |
| Previous Owner | $254,900 | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $351,400 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Rent | $2,600 | 0.0% | -- |
| 05/01/2025 05/01/25 | For Sale | $399,000 | +1.5% | $469 / Sq Ft |
| 06/26/2024 06/26/24 | Sold | $393,000 | +6.5% | $462 / Sq Ft |
| 05/27/2024 05/27/24 | Pending | -- | -- | -- |
| 05/13/2024 05/13/24 | Price Changed | $369,000 | -4.2% | $434 / Sq Ft |
| 04/12/2024 04/12/24 | Price Changed | $385,000 | -2.5% | $453 / Sq Ft |
| 03/29/2024 03/29/24 | Price Changed | $395,000 | -2.5% | $465 / Sq Ft |
| 02/15/2024 02/15/24 | For Sale | $405,000 | +3.3% | $476 / Sq Ft |
| 06/25/2018 06/25/18 | Sold | $392,000 | -2.0% | $461 / Sq Ft |
| 06/01/2018 06/01/18 | Pending | -- | -- | -- |
| 05/17/2018 05/17/18 | For Sale | $399,900 | -- | $470 / Sq Ft |
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 | $5,430 | $460,000 | $138,000 | $322,000 |
| 2023 | $6,105 | $458,333 | $0 | $0 |
| 2022 | $4,479 | $456,667 | $0 | $0 |
| 2021 | $4,455 | $455,000 | $136,500 | $318,500 |
| 2020 | $4,099 | $423,333 | $0 | $0 |
| 2019 | $3,740 | $391,667 | $0 | $0 |
| 2018 | $3,391 | $360,000 | $108,000 | $252,000 |
| 2017 | $4,196 | $360,000 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2025
Tafseer Ahmad
Real Broker, LLC - Gaithersburg
-
P
Seller Co-Listing Agent in 2025
Peggy Lyn Speicher
Real Broker, LLC - Gaithersburg
-
B
Seller's Agent in 2024
Bryan Kerrigan
Redfin Corp
-
M
Seller's Agent in 2018
Mansour Abu-Rahmeh
TTR Sotheby's International Realty
-
K
Seller Co-Listing Agent in 2018
Karam Iqteit
TTR Sotheby's International Realty
-
E
Buyer's Agent in 2018
Elizabeth Kaiser
Compass
About Octave 1320
Map
Source: Bright MLS
MLS Number: 1001487294
APN: 13-03772593
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